| Business Summary | | Phoenix
Resources
Technologies,
Inc.
has
acquired
the
rights
to
purchase
up
to
100%
of
HHPN
Development
Corp.,
with
operations
in
San
Diego,
California
from
existing
partners
John
Carter
and
Ted
Strout.
HHPN
has
developed
a
state-of-the-art
software
application
for
rapid
deployment
of
database
integrated
websites.
The
software
is
currently
code
named
DBPanacea,
but
that
name
is
likely
to
change
prior
to
launching
the
product.
Management
has
identified
Cold
Fusion
as
its
primary
competitor,
which
is
developed
by
Allair. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Phoenix
Resources
Technologies,
operating
through
HHPN
Development
Corp.,
has
developed
a
state-of-the-art
software
application
for
the
rapid
deployment
of
database
integrated
websites
called
DBPanacea.
For
the
nine
months
ended
7/31/00,
Company
reported
no
revenues.
Net
loss
rose
from
$20
thousand
to
$4.9
million.
The
Company
has
been
without
viable
operations
as
of
7/00
and
has
been
undergoing
reorganization
and
is
in
the
process
of
setting
up
financing. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Benjamin Traub, 36 | Chairman | Ron Wilkins | Pres,
CEO | Judee Fayle, 41 | CFO | Michael Lamb | COO,
Sec. | Michael Bahlo | Exec.
VP of Sales and Marketing, Treasurer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|