| Business Summary | | Cinema
Ride,
Inc.
is
in
the
business
of
developing
and
operating
rides
consisting
of
3-D
motion-simulator
attractions
and
filmed
entertainment
that
combines
projected
3-D
action
films
of
approximately
four
minutes
in
duration
with
computer-controlled,
hydraulically
mobilized
capsules
that
are
programmed
to
move
in
concert
with
the
on-screen
action.
Each
attraction
is
designed
to
provide
the
viewer
with
a
realistic
feeling
of
being
a
participant
in
the
action
on
the
screen.
The
Company
has
completed
construction
and
installation
of
five
facilities.
The
first
facility
is
located
in
the
Forum
Shops
at
Caesar's
Palace
Hotel
and
Casino
in
Las
Vegas,
Nevada.
The
second
facility
is
located
in
the
West
Edmonton
Mall,
Alberta,
Canada.
The
third
facility
is
located
in
Times
Square
in
New
York
City,
New
York
(closed
during
January
1998).
The
fourth
facility
is
located
in
Atlanta,
Georgia.
The
fifth
facility
is
located
in
the
Jersey
Gardens
Mall
in
Elizabeth,
New
Jersey. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MOVE
develops
and
operates
rides
consisting
of
motion
simulator
attractions,
and
filmed
entertainment
that
combines
video-projected
3-D
films
with
computer
controlled
capsules
that
are
programmed
to
move
in
conjunction
with
the
on-screen
action.
For
the
three
months
ended
3/31/01,
revenues
fell
20%
to
$524
thousand.
Net
loss
increased
4%
to
$200
thousand.
Results
reflect
the
decrease
of
revenues
from
the
Las
Vegas
facility,
and
higher
direct
costs
of
revenues. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
601;
after
tax
earnings
were
-112. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Mitchell Francis, 44 Chairman
of Directors, Pres, CEO and Chief Financial Officer | $310K | 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
|
|