| Business Summary | | Klever
Marketing,
Inc.
is
currently
in
the
process
of
the
commercialization
of
Klever-Kart,
the
patented
process
it
has
acquired.
The
Company
seeks
to
become
the
supplier
of
wireless
communication
platforms
for
use
in
large
retail
stores.
The
Company
is
currently
making
plans
to
market
the
Klever-Kart,
which
is
designed
to
deliver
targeted
ads
and
promotions
to
a
small
display
device
on
the
shopping
cart
handle.
Each
marketing
message,
triggered
by
proximity
to
the
product
on
the
shelf,
is
designed
to
reach
the
consumer
at
the
critical
Point-of-Selection,
when
the
shopper
is
ready
to
decide.
With
a
revenue
model
targeted
at
the
significant
amounts
currently
being
spent
by
consumer
goods
manufacturers
on
marketing
in
stores,
the
Company
is
positioning
for
entry
into
the
United
States
retail
store
market
with
plans
for
parallel
expansion
and
licensing
internationally. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Klever
Marketing,
Inc.
is
a
company
created
to
file
and
acquire
patents,
and
to
seek
out,
investigate,
develop,
manufacture
and
market
electronic
in-store
advertising,
directory
and
coupon
services
which
have
the
potential
for
profit.
For
the
six
months
ended
6/30/01,
the
Company
reported
no
revenue.
Net
loss
decreased
10%
to
$1.3
million.
Lower
loss
reflects
lower
research
and
development
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| D. Paul Smith, 54 Chairman | -- | Corey Hamilton, 43 Pres,
CEO, Director | $127K | Richard Trout, 44 Interim
CFO, Director | -- | 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
|
|