| Business Summary | | VSI
Enterprises,
Inc.
is
a
holding
company
that
raises
capital
and
seeks
out
business
opportunities
in
which
to
acquire
an
interest.
The
Company
primarily
conducts
its
operations
under
Videoconferencing
Systems
Inc.,
a
wholly
owned
subsidiary
that
designs,
manufactures,
markets
and
supports
software-based
command
and
control
systems,
including
videoconferencing
control
systems
that
operate
on
PC
platforms;
and
VSI
Network
Solutions
Inc.,
a
majority-owned
subsidiary
doing
business
as
Eastern
Telecom,
which
is
engaged
in
the
business
of
marketing
and
selling
telecommunications
services
and
products.
On
February
18,
2000,
the
Company
entered
into
a
definitive
agreement
to
sell
Eastern
Telecom. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VSI
Enterprises
is
a
holding
co.
that
raises
capital
and
seeks
out
business
opportunities
in
which
to
acquire
an
interest.
VSIN
conducts
operations
under
its
wholly
owned
subsid.
Videoconferencing
Systems,
Inc.
For
the
six
months
ended
6/30/01,
revenues
fell
63%
to
$984
thousand.
Net
loss
from
continuing
operations
totaled
$1.6
million,
up
from
$613
thousand.
Results
reflect
the
discontinuation
of
direct
selling
efforts
and
increased
research
and
development
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Larry Carr, 57 Chairman | -- | Richard Egan, 35 CEO,
Director | $138K | Robert Morris, 58 CFO,
Sec. | -- | Richard Mays, 44 VP
and CTO | 121K | Mark Scovel, 40 Pres
- Quality Software Associates, Inc. and VP of Control Systems | -- | 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
|
|