| Business Summary | | FRMO
Corp.
is
primarily
a
Financial
Risk
Management
Organization
engaged
in
the
identification
of
assets
and
the
participation
with
them
in
ways
that
are
calculated
to
increase
the
value
of
the
shareholders'
interest
in
FRMO.
The
Company's
Horizon
Research
Group
selects
and
evaluates
investment
opportunities
and
strategies.
Horizon
is
an
independent
research
firm
serving
primarily
mutual
fund
managers
and
the
hedge
fund
community.
It
provides
in-depth
analysis
of
information-poor,
under
researched
companies
and
strategies
to
identify
the
complex
or
overlooked
situations
that
can
offer
an
advantage
to
the
investor.
Horizon's
research
periodicals
organize
the
investment
universe
by
functional
sector
rather
than
by
the
standard
division
by
industry
sector.
Among
its
publications
are
The
Contrarian
Research
Report,
The
Spin-Off
Report,
The
Intangible
Asset
Report,
The
Hidden
Asset
Report,
The
Devil's
Advocate,
The
Convertible
Arbitrage
Report,
and
The
Skeptic's
Almanac. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FRMO
is
primarily
a
Financial
Risk
Management
Organization
engaged
in
the
identification
of
assets,
particularly
in
the
early
stages
of
the
expression
of
their
ultimate
value.
For
the
three
months
ended
5/31/01,
revenues
totalled
$13
thousand,
up
from
$0.
Net
income
totalled
$3
thousand,
up
from
$0.
Results
reflect
the
initial
revenue
from
a
consulting
agreement
with
Santa
Monica
Partners
and
the
inclusion
of
research
service
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Allan Kornfeld, 62 Chairman | -- | Seth Grossman, 32 Pres,
CEO | $128K | Victor Brodsky VP
and CFO | 138K | Dollar amounts are as of 29-Feb-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
|
|