| Business Summary | | Virtgame.Com
Corp.
is
an
Application
Service
Provider
(ASP)
for
the
gaming
and
lottery
industries,
specializing
in
e-BorderControl
technology
that
limits
e-commerce
to
one
jurisdiction
or
restricts
access
of
users
from
a
specific
jurisdiction.
The
Company
started
Internet
casino-style
gaming
operations
in
September
1997
and
discontinued
the
gaming
operation
in
year
2000.
The
Company
developed
its
own
software
such
as
baccarat,
blackjack,
video
poker,
and
pari-mutuel
sports
wagering
for
its
own
operation. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VGTI
is
an
Application
Service
Provider
(ASP)
for
the
gaming
and
lottery
industries,
specializing
in
e-BorderControl
technology
that
limits
e-commerce
to
one
jurisdiction
or
restricts
access
of
users
from
a
specific
jurisdiction.
For
the
six
months
ended
6/30/01,
revenues
totalled
$370
thousand,
up
from
$29
thousand.
Net
loss
from
continuing
operations
fell
73%
to
$280
thousand.
Results
reflect
sales
from
software
application
services
and
lower
personnel
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Leo George, 64 Chairman | -- | Scott Walker, 42 Interim
Pres and CEO, Director | -- | Bruce Merati, 43 COO,
Chief Financial Officer | $100.0K | John Van Rhyn, 64 VP
of Gaming Operations | 4.2K | 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
|
|