| Business Summary | | Synergy
Technologies
Corporation
is
engaged
in
developing
and
commercializing
two
proprietary
and
patented
processes
that
have
applications
in
the
oil
and
gas
industry.
The
Company
licenses
SynGen,
a
gas-to-liquids
process
that
converts
stranded
natural
gas
reserves
to
clean-burning
fuels
free
of
sulfur
and
aromatics.
In
addition,
the
Company
is
completing
the
development
of
CPJ,
a
heavy-oil
upgrading
process
that
can
economically
convert
bitumen
and/or
heavy
oil
reserves
to
lighter,
more
valuable
and
more
easily
refineable
synthetic
crude
oils.
At
year-end
2000,
the
Company
was
a
development-stage
company
with
no
revenues
and
substantial
debt.
The
Company's
technologies
have
not
yet
been
proven
to
be
commercially
viable. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Synergy
Technologies
Corp.,
involved
in
oil
and
gas
exploration
programs,
owns
rights
to
a
gas-to-liquids
conversion
technology
and
technology
for
heavy
oil
upgrading.
For
the
three
months
ended
3/31/01,
revenues
totaled
$1
thousand.
Net
loss
decreased
21%
to
$728
thousand.
Revenues
reflect
the
sale
of
securities.
Lower
losses
reflect
a
decrease
in
stock
option
compensation
costs
and
the
gain
on
the
disposition
of
Carbon
Resources. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Thomas Cooley, 60 CEO,
Director | $152K | Cameron Haworth, 41 Pres,
Director | 66K | Marc Cernovitch, 27 VP | -- | Jacqueline Danforth, 28 Sec.,
Treasurer | -- | Dollar amounts are as of 31-Dec-2000 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
|
|