| Business Summary | | Security
Asset
Capital
Corporation
operates
through
its
wholly
owned
subsidiaries.
Security
Asset
Management,
Inc.
acquires,
manages,
collects
and
markets
distressed
consumer
credit
portfolios
for
their
own
account
and
third
parties.
Security
Asset
Properties,
Inc.
owns
and
operates
14
income
producing
residential
properties
in
San
Diego
County,
California.
Broadband
Technologies,
Inc.
was
capitalized
by
the
contribution
from
the
Company
of
a
patent
and
certain
patents
pending
and
licensing
for
direct
online
full
screen
video
technology.
TheDebtTrader.com
holds
certain
technology
and
rights
related
to
an
online
market
place
for
buyers
and
sellers
of
distressed
debt
portfolios,
internally
known
as
theDebtTrader.com.
The
Debt
Registry,
uses
the
acquired
broadband
technology,
develops
it
further
and
applies
it
to
the
registration
and
tracking
of
individual
debt
accounts
sold
by
lending
institutions
to
third
parties. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SCYA
acquires,
manages,
collects
and
markets
distressed
consumer
credit
portfolios.
The
Company
developed
and
manages
The
Debt
Registry,
an
online
registration
and
tracking
system
specifically
designed
for
the
debt
buying
industry.
For
the
three
months
ended
3/31/01,
revenues
fell
91%
to
$120
thousand.
Net
loss
fell
15%
to
$560
thousand.
Results
reflect
the
absence
of
the
sale
of
Security
Asset
Properties,
offset
by
lower
average
debt
outstanding. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| David Walton, 51 Co-Chairman,
CEO | $193K | Darrell Musick, 64 Co-Chairman,
Pres | -- | Richard Gartrell, 53 CFO,
Director | -- | David Walton, 71 Sec.,
Treasurer, Director | -- | Dollar amounts are as of 31-Dec-1999 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
|
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