| Business Summary | | Tasty
Fries,
Inc.
has
developed
a
patented
French
fries
vending
machine
(the
Machine).
The
Company
intends
to
manufacture
and
market
the
machine
in
both
domestic
and
international
markets
through
a
combination
of
exclusive,
territorial
distributorships
and
traditional
sales
to
established
companies
in
the
vending
industry.
The
Company
may
also
own
and
operate
machines
itself.
The
Machines
are
expected
to
be
located
in
high-traffic
locations
that
have
historically
been
successful
for
vending
operators,
such
as
universities,
airports,
bus
and
train
stations,
high
schools,
military
bases,
industrial
locations
and
recreational
venues.
The
Company
has
also
developed
a
related
proprietary
potato
product
for
the
production
of
French
fries
in
the
Machine. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Tasty
Fries,
Inc.
is
a
development
stage
company,
since
it
has
not
completed
designing,
testing,
and
manufacturing
its
sole
product,
a
vending
machine
which
cooks
and
dispenses
french
fries.
For
the
three
months
ended
4/30/01,
revenues
remained
flat
at
$0.
Net
loss
increased
24%
to
$1.2
million.
Net
loss
reflects
increased
selling,
general
and
administrative
expenses,
and
an
increased
stock
purchase
discount
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Edward Kelly, 63 Pres,
CEO, Treasurer and Chairman | $240K | Leonard Klarich, 65 VP,
Sec. | -- | Dollar amounts are as of 31-Jan-2000 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
|
|