| Business Summary | | Diamond
Equities,
Inc.,
through
its
Precision
Plastics
subsidiary,
is
engaged
in
the
plastics
injection
molding
business.
The
business
of
Precision
is
to
produce
a
plastic
product
from
the
customer's
designs.
A
customer
can
either
provide
their
own
molds
or
have
Precision
build
a
mold
in
its
facility.
When
a
mold
is
completed,
Precision
then
manufactures
as
many
or
as
few
products
as
the
customer
desires.
Most
products
require
more
than
just
one
molded
part.
In
most
cases,
several
parts
are
molded
and
then
assembled.
Precision
does
not
always
mold
all
of
the
parts
for
assembly,
nor
does
it
normally
do
the
assembly.
The
Company
also
owns
an
Internet
business
that
is
in
the
start-up
phase. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Diamond
Equities
through
its
subsidiary
Precision
Plastics
produces
plastic
products
from
their
customer's
designs.
The
Company
owns
37%
of
GoProfit.com
a
financial
search
engine
for
the
internet.
For
the
nine
months
ended
3/31/01,
revenues
rose
13%
to
$549
thousand.
Net
loss
applicable
to
Common
fell
65%
to
$193
thousand.
Revenues
reflect
increased
volume
of
injection
molding.
Lower
loss
reflects
lower
losses
on
investment
in
GoProfit. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| David Westfere, 34 Pres,
CEO, Chief Operating Officer | $85K | Todd Chisholm, 38 CFO,
Sec., Treasurer, Director | -- | Dollar amounts are as of 30-June-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
|
|