| Business Summary | | Technical
Ventures
Inc.
has
developed,
manufactured,
and
sold
a
wide
range
of
specialty
resin
materials
for
applications
to
many
large
multinational
firms
across
the
globe.
The
Company's
subsidiary,
Mortile
Industries
Ltd.,
deals
in
proprietary
polymer/thermoplastic
compounds,
composite
compounds
(a
composition
of
plastic
with
other
powdered
materials),
and
specialty
compounds
which
the
company
produces
by
mixing
and
pelletizing
proprietary
formulations
specified
by
its
customers.
It
is
engaged
in
the
design,
development
and
manufacture
of
highly
engineered
specially
formulated,
high
performance
polymer
materials.
The
Company's
products
and
services
are
sold
to
end-use
manufacturers
in
the
industrial
equipment,
transportation,
electronics,
munitions
and
process
industries
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Technical
Ventures
Inc.
is
a
holding
company
for
Mortile
Industries
Ltd.,
which
deals
in
the
design,
development
and
manufacturing
of
proprietary
polymer,
composite
and
specialty
compounds.
For
the
nine
months
ended
3/31/01,
revenues
fell
3%
to
$960
thousand.
Net
loss
fell
37%
to
$240
thousand.
Revenues
reflect
a
decrease
in
existing
customer
sales
of
specialty
compounding
products.
Lower
loss
reflects
a
reduction
in
contingent
related
legal
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Frank Mortimer, 60 Pres | $62K | Bryan Carter, 78 Director
and VP | -- | Larry Leverton, 60 Director,
Sec. and Treasurer | -- | 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
|
|