| Business Summary | | RMS
Titanic,
Inc.
was
formed
for
the
purpose
of
exploring
the
wreck
and
surrounding
oceanic
areas
of
the
vessel
the
RMS
Titanic,
which
sank
in
1912
and
lies
more
than
12,500
feet
below
the
surface
of
the
Atlantic
Ocean.
This
location
is
approximately
400
miles
off
the
coast
of
Newfoundland.
The
Company
has
obtained
oceanic
material
and
scientific
data
available
in
various
forms
that
include
still
and
moving
photography
and
artifacts
from
the
wreck
site,
and
is
utilizing
this
data
and
artifacts
for
historical
verification,
scientific
education
and
public
awareness.
All
these
activities
are
directed
toward
producing
income
for
the
Company,
which
include
touring
exhibitions,
television
programs
and
the
sales
of
still
photographs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RMS
Titanic
Inc.
is
engaged
in
the
exploration
of
the
wreck
and
surrounding
oceanic
areas
of
the
Titanic.
The
company
uses
recovered
items
for
historical
verification,
education,
public
awarness,
exhibitions
and
sale.
For
the
three
months
ended
5/31/01,
revenues
fell
72%
to
$612
thousand.
Net
loss
totaled
$323
thousand
vs.
an
income
of
$322
thousand.
Revenues
reflect
lower
exhibition
and
merchandise
sales.
Net
loss
also
reflects
increased
depreciation
and
amortization
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Arnie Geller, 60 Pres,
CEO, Director | $315K | Gerald Couture, 55 CFO,
VP, Sec., Director | 107K | Dollar amounts are as of 28-Feb-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|