| Business Summary | | Beechport
Capital
Corp.
is
currently
attempting
to
identify
suitable
acquisition
candidates.
The
Company
was
originally
formed
for
the
primary
purpose
of
seeking
out
acquisitions
of
properties,
businesses
or
merger
candidates,
without
limitation
as
to
the
nature
of
the
business
operations
or
geographic
area
of
the
acquisition
candidate.
The
Company
expects
to
continue
to
concentrate
primarily
on
the
identification
and
evaluation
of
prospective
merger
or
acquisition
target
entities,
including
private
companies,
partnerships
or
sole
proprietorships.
The
Company
does
not
intend
to
act
as
a
general
or
limited
partner
in
connection
with
partnerships
it
may
merge
with
or
acquire. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Beechport
Capital
Corp.
evaluates,
structures
and
completes
mergers
with,
or
acquisitions
of,
prospects
consisting
of
private
companies,
partnerships
or
sole
proprietorships.
For
the
six
months
ended
6/30/01,
the
Company
reported
no
revenues.
Net
loss
rose
from
$375
thousand
to
$1.1
million.
Results
reflect
an
increase
in
consulting
and
professional
fees,
Italian
office
costs,
$43
thousand
in
payroll
general
expenses
and
$105
thousand
in
doubtful
account
allowances. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Lawrence Schmelzer, 63 | Pres,
Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|