| Business Summary | | LION
Inc.
provides
Internet
solutions
to
the
mortgage
industry.
To
simplify
origination
of
mortgage
loans,
the
Company
has
created
a
marketplace
where
buyers,
comprising
consumers
and
mortgage
brokers,
and
sellers,
or
lenders,
interact
to
search
prices,
select
products
and,
ultimately,
gain
approval
for
the
mortgage
transaction
from
both
parties.
Through
this
marketplace,
the
Company
maintains
an
extensive
online
mortgage
loan
database,
automated
loan
underwriting
systems,
and
other
related
Internet-based
products
and
services
for
mortgage
brokers
and
lenders. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LION
Inc.
provides
Internet
solutions
to
the
mortgage
industry.
To
simplify
originations
of
mortgage
loans,
the
Company
has
created
a
marketplace
where
buyers
and
sellers
interact
to
search
prices,
select
products
and
gain
mortgage
approval.
For
the
six
months
ended
6/30/01,
revenues
rose
1%
to
$3.1
million.
Net
loss
fell
98%
to
$11
thousand.
Results
reflect
strength
in
the
core
business
and
lower
option
compensation
and
R&D
expenses. | More
from
Market Guide: Significant
Developments |
| | |
| Position | John McMillan, 69 | Chairman,
CEO | David Stedman, 52 | Pres | Steve Thomson, 48 | CFO,
Sec. | Chuck Aikens, 29 | COO | June Bachman, 33 | CTO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|