Yahoo! FinanceHome - Yahoo! - Help

Market Guide

[ Stock Screener | Company & Fund Index | Financial Glossary ]

Profile - Nico Telecom, Inc. (OTC BB:NICO.OB)
As of 31-Aug-2001
Enter symbol:
symbol lookup

 
More Info: News | Profile
Recent Events
Aug 31Price hit new 52-week low ($0.001)
Location
3960 Howard Hughes Parkway, 5th Floor
Las Vegas, NV 89109
Phone: (702) 990-3600
Employees (last reported count): 3
Financial Links
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Services
 ·Industry: Communications Services
Related Links
 ·Search Yahoo! for related links...
Ownership
·Insider and 5%+ Owners: 42%
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Nico Telecom, Inc., formerly known as Far East Ventures, Inc., through Sophisticated Communications, Inc., is in the communications business, including prepaid phone cards. The Company was originally organized to engage in any lawful corporate business including, but not limited to, participating in mergers with and acquisitions of other companies. The Company has been in the developmental stage since inception, and has no operating history other than organizational matters until it acquired Churchill Resources, Inc. in 2000. The Company selected Churchill because it had positioned itself to enter the horse racing and gaming business with the proposed acquisition of the Orangeville Raceway asset outside Vancouver Canada (Fraser Downs Raceway). The Company signed a Letter of Intent in March 2000, to acquire an additional horse racing property on Vancouver Island outside Victoria Canada (Sandown Raceway). Until August 2000, the Company operated in the horse racing and gaming industry.
More from Market Guide: Expanded Business Description

Financial Summary
Nico Telecom, Inc., through Sophisticated Communications, Inc., operates in the communications business, including prepaid phone cards. Prior to August 2000, the Company operated in the horse racing and gaming industry. For the nine months ended 9/30/00, the Company reported no revenue. Net loss totaled $5.5 million, up from $0. Higher loss reflects increased selling, general and administrative expenses.
More from Market Guide: Significant Developments

Officers

Position
Michael FletcherChairman, CEO, Chief Operating Officer
Joel VelazquezCFO
Sean FletcherSec.
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- OTC BB:NICO.OBAs of 31-Aug-2001
Price and Volume
52-Week Low
on 31-Aug-2001
$0.001
Recent Price$0.001
52-Week High
on 14-Sep-2000
$0.875
Daily Volume (3-month avg)9,091 
Daily Volume (10-day avg)0 
Stock Performance
52-Week Change-99.7%
52-Week Change
relative to S&P500
-99.6%
Share-Related Items
Market Capitalization$12.0K
Shares Outstanding12.2M
Float7.10M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)-$0.08 
Earnings (ttm)-$0.60 
Earnings (mrq)-$0.20 
SalesN/A 
CashN/A 
Valuation Ratios
Price/BookN/A 
Price/EarningsN/A 
Price/SalesN/A 
Income Statements
Sales (ttm)$0 
EBITDA (ttm)-$5.63M
Income available to common (ttm)-$5.64M
Profitability
Profit MarginN/A 
Operating MarginN/A 
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-Sep-2000
Management Effectiveness
Return on Assets (ttm)-186.55%
Return on Equity (ttm)-300.92%
Financial Strength
Current RatioN/A 
Debt/EquityN/A 
Total CashN/A 
Short Interest
Shares ShortN/A 
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-Sep-2000)

Market Guide offers more in-depth Company Research, Stock Screening, and Hottest Stocks and Industries on over 10,000 U.S. Equities.


Copyright © 2001 Yahoo! Inc. All Rights Reserved. Privacy Policy - Terms of Service
Company information Copyright Market Guide. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Market Guide, CSI, etc.) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.