| Business Summary | | Controlled
Environmental
Aquaculture
Technology
Inc.
concentrates
on
two
aspects
of
the
overall
shrimp
aquaculture
business:
development
of
a
large,
modern
shrimp
farm
operation
for
the
production,
preparation,
packaging
and
distribution
of
Pacific
white
shrimp;
and
the
breeding,
rearing
and
sale
of
high
health
hatchery
products,
primarily
broodstock,
to
commercial
shrimp
operations
throughout
the
world.
In
its
aquaculture
farm
operations,
located
on
the
island
of
Kauai
in
Hawaii,
the
Company
utilizes
highly
advanced
technologies
for
intensive,
sustainable
shrimp
aquaculture
farming,
which
were
developed
as
part
of
a
United
States
Marine
Shrimp
Farming
Program
sponsored
by
the
United
States
Department
of
Agriculture. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Controlled
Environment
Aquaculture
Technology
is
a
development
stage
company
engaged
in
the
commercialization
of
technologies
for
intensive,
sustainable
growout
production
of
shrimp.
For
the
three
months
ended
4/30/01,
net
sales
decreased
29%
to
$455
thousand.
Net
loss
increased
37%
to
$491
thousand.
Results
reflect
lower
than
expected
shrimp
growth
rates
and
pond
yields,
higher
shrimp
production
costs
and
expenses
related
to
litigation
settlement. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Gordon Mau, 54 | Chairman | Ernest Dias, 62 | Pres
and COO | Edward Foley, 49 | CFO,
Exec. VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|