| Business Summary | | Worlds.com
Inc.
is
a
3-D
entertainment
portal
that
leverages
its
proprietary
technology
to
offer
visitors
a
network
of
virtual,
multi-user
environments
called
"worlds."
These
worlds
are
visually
engaging
online
environments
featuring
animation,
motion
and
content
where
people
can
come
together
by
navigating
through
the
Website
to
shop,
interact
with
others,
attend
events
and
be
entertained.
In
support
of
this
portal
and
its
overall
business
strategy,
the
Company
designs
and
develops
software,
content
and
related
technology
for
the
creation
of
interactive
3-D
Internet
Websites.
Using
its
technology,
the
Company
creates
its
own
Internet
sites,
as
well
as
sites
available
through
third-party
online
service
providers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Worlds.com
Inc.
operates
a
3D
entertainment
portal,
utilizing
proprietary
technology
to
offer
visitors
a
network
of
virtual,
multi-user
environments
that
have
rich
media
graphics,
text
chat,
voice-to-voice
chat,
streaming
video
and
e-commerce.
For
the
three
months
ended
3/31/01,
net
revenues
totaled
$1
million,
up
from
$180
thousand.
Net
loss
fell
21%
to
$1.6
million.
Results
reflect
the
recognition
of
revenue
under
a
terminated
contract,
partially
offset
by
higher
interest. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Steven Chrust, 50 Chairman | $85K | Thomas Kidrin, 47 Pres,
CEO, Treasurer, Sec., Director | 176K | 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
|
|