| Business Summary | | Global
ePoint,
Inc.,
formerly
known
as
On-Point
Technology
Systems,
Inc.,
is
in
the
process
of
a
major
transition.
The
Company
is
undergoing
a
series
of
actions
designed
to
transform
itself
into
a
more
diversified
company.
Global
ePoint
has
been
engaged
primarily
in
the
lottery
industry
over
the
past
10
years
and
is
presently
a
provider
of
vending
terminals
for
the
sale
of
instant-winner
lottery
tickets.
As
part
of
a
planned
series
of
actions,
on
February
23,
2001,
the
Company
executed
a
definitive
agreement
to
sell
to
Interlott
Technologies,
Inc.
(Interlott)
the
assets
used
in
its
existing
lottery
business,
relating
to
the
manufacture,
sale,
lease
and
service
of
instant
lottery
ticket
vending
machines. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Global
ePoint,
Inc.
designs,
manufactures
and
services
automated
point-of-sale
transaction
vending
terminals
for
the
retail
sale
and
leasing
of
instant-winner
lottery
tickets,
prepaid
phone
cards
and
smartcards
worldwide.
For
the
three
months
ended
3/31/01,
revenues
totaled
$6
thousand,
up
from
$2
thousand.
Net
loss
from
continuing
operations
rose
2%
to
$589
thousand.
Revenues
reflect
the
transitional
phase
of
the
Company's
product
line.
Higher
loss
reflects
an
increase
in
SG&A
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Frederick Sandvick, 43 Chairman,
CEO | $6.9K | Brian Roberts, 53 Sr.
VP, Assistant Sec. | -- | Charles Broz, 51 Treasurer
of Fin. | -- | John Olbrich, 38 Sec.,
Director | -- | 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
|
|