| Business Summary | | Elite
Technologies,
Inc.
(Elite)
is
a
full
service
technology
company
offering
information
technology
(IT)
services
to
small,
medium
and
large
enterprises.
IT
services
involve
the
facilitation
of
the
flow
of
information
within
a
company
or
between
a
company
and
external
sources.
These
services
typically
involve
computer
hardware,
software,
and
"integration"
efforts
that
allow
diverse
systems
to
communicate
with
one
another.
The
Company
has
suspended
most
of
its
operations
following
the
acquisition
of
Ace
Marketing
Group,
Ltd.
(AMG)
in
April
2000.
Elite
intends
to
acquire
other
companies
to
fulfill
the
services
of
its
divisions.
Elite's
charter
was
revoked
on
February
11,
2000
for
the
failure
to
file
franchise
tax
returns
in
the
State
of
Texas,
however
the
Company
is
presently
seeking
to
reinstate
its
charter. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Elite
Technologies,
Inc.
provides
outsourcing
services
to
companies
seeking
software
development
and
integration
on
a
contract
basis;
web
site
development
and
consulting
services;
and
tempory
and
permanent
staffing
services
of
information
technology
personnel.
For
the
nine
months
ended
2/28/01,
revenues
totalled
$10.6
million,
up
from
$778
thousand.
Net
loss
totalled
$2.9
million,
up
from
$84
thousand.
Results
reflects
acquisition
of
IET,
offset
by
restructuring
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Scott Schuster, 36 Chairman,
Pres, CEO | $250K | David Peacos CFO | -- | Stephen Randy Ragsdale, 34 Director,
Pres, AMG | -- | Jason Kiszonak, 28 Sr.
VP, PR | 150K | Dollar amounts are as of 31-May-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
|
|