| Business Summary | | NetGain
Development,
Inc.
has
began
to
implement
a
business
strategy
of
becoming
a
technology
and
Internet
company.
The
Company
has
already
acquired
two
businesses
operating
in
the
e-commerce
industry.
In
addition,
the
Company
has
taken
minority
positions
in
several
Internet
and
technology
companies
that
management
believes
represent
the
next
generation
of
Internet
and
technology
companies
and
provide
a
synergistic
platform
to
facilitate
the
sales
and
business
development
of
the
Company's
operating
companies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NTGN
engaged
in
technology
and
internet
business
by
operating
its
own
subsidiary,
taking
minority
positions
in
companies,
and
acting
as
an
incubator
providing
consulting
services.
For
the
nine
months
ended
9/30/00,
revenues
totalled
$290
thousand,
vs.
$0.
Net
Loss
totalled
$10.9
million,
up
from
$145
thousand.
Results
reflect
revenues
from
forsalebyowner.com.
Higher
losses
reflect
increased
public
relations
fees,
impairment
of
goodwill
costs
and
higher
professional
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Andreas Typaldos, 53 Chairman,
CEO | $198K | Terrance DeFranco Pres,
COO | -- | 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
|
|