| Business Summary | | The
St.
Lawrence
Seaway
Corp.
is
currently
engaged
in
evaluating
alternatives
to
its
former
business,
including
continuing
its
evaluation
of
operating
companies
for
acquisition,
merger
or
investment,
commencement
of
a
new
operating
business,
or
distribution
of
all
or
part
of
its
capital
to
shareholders.
Pending
any
such
transaction,
the
Company
will
continue
its
practice
of
maintaining
its
cash
assets
in
relatively
liquid
interest/dividend
bearing
money
market
investments.
Eventually
such
assets
may
be
used
for
an
acquisition
or
for
a
partial
payment
of
an
acquisition
or
for
the
commencement
of
a
new
business. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
St.
Lawrence
Seaway
Corp.
is
currently
not
engaged
in
an
operating
business.
The
Company
is
in
the
process
of
evaluating
alternatives
that
may
in
the
best
interest
of
shareholders.
For
the
three
months
ended
6/30/01,
revenues
decreased
96%
to
$15
thousand.
Net
loss
totaled
$4
thousand
vs.
an
income
of
$380
thousand.
Results
reflect
the
absence
of
revenues
from
the
sale
of
the
farm
property
due
to
termination
of
the
existing
farm
tenant
agreement. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Joel Greenblatt, 42 | Chairman | Daniel Nir, 39 | Pres,
Treasurer, Director | Edward Grier, 42 | VP,
Director | Jack Brown, 81 | Sec.,
Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|