| Business Summary | | Compositech
Ltd.
develops
and
markets
superior
copper-clad
fiberglass
epoxy
laminates
used
to
make
printed
circuit
boards
required
by
the
electronics
industry.
The
primary
innovation
of
Compositech
was
to
replace
the
fiberglass
cloth
component
of
the
laminate
with
a
more
modern
and
structurally
efficient
fiberglass
core
resulting
from
a
uniform,
orthogonally
layered
construction.
Based
on
its
own
benchmark
testing
and
evaluations
by
customers
and
other
potential
users,
the
Company
believes
that
it
has
succeeded
in
developing
a
laminate
that
is
superior
to
competitive
copper-clad
fiberglass
epoxy
laminates.
On
July
11,
2001,
the
Company
filed
a
voluntary
Chapter
11
petition
in
the
United
States
Bankruptcy
Court
for
the
Eastern
District
of
New
York. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Compositech
Ltd.
manufactures
laminates
for
printed
circuit
boards
and
designs
the
equipment
used
to
manufacture
the
laminates.
For
the
nine
months
ended
9/30/00,
the
company
reported
no
revenues,
Vs.
$550
thousand.
Net
loss
applicable
to
Common
decreased
61%
to
$2.5
million.
Revenues
reflect
the
suspension
of
manufacturing
operations
on
December
3,
1999.
Lower
loss
reflects
the
absence
of
manufacturing,
and
research
and
development
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Jonas Medney, 71 Chairman,
CEO | $130K | Samuel Gross, 73 Exec.
VP, Sec., Treasurer, CFO | 149K | 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
|
|