| Business Summary | | Affiliated
Resources
Corporation,
formerly
known
as
Synaptix
Systems
Corporation,
was
engaged
in
software
development.
As
a
result
of
a
management
change
in
March
1998,
the
undeveloped
software
operations
were
discontinued
and
sold.
The
Company
was
repositioned
to
focus
on
the
acquisition
of
industry
related
companies
whose
products
or
services
are
technically
innovative
and
market
proven,
but
whose
market
penetration
can
be
significantly
expanded
through
enhanced
marketing
or
additional
capitalization. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Affiliated
Resources
is
involved
in
the
acquisition
of
companies
whose
product
or
service
is
technically
innovative
and
market
proven,
but
whose
market
penetration
can
be
expanded
through
enhanced
marketing
or
additional
capitalization.
For
the
nine
months
ended
9/30/00,
revenues
remained
flat
at
$0.
Net
loss
from
continuing
operations
totalled
$4.5
million,
up
from
$614
thousand.
Revenues
reflect
the
sale
of
Chemway.
Loss
reflects
increased
S/G/A
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Peter Vanucci, 52 Chairman
and CEO | $93K | Barry Goverman, 55 Sr.
VP of Investor Relations | -- | Catherine Tamme, 45 VP,
CFO | -- | Dollar amounts are as of 30-June-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
|
|