| Business Summary | | GETGO,
Inc.,
formerly
known
as
GETGO
Mail.com
Inc.,
is
a
diversified
holding
company.
Prior
to
1999,
the
Company
conducted
operations
through
its
subsidiaries
primarily
in
the
distribution
of
semiconductor
products
(primarily
computer
chips),
personal
computer
products,
and
non-computer-related
products
such
as
digital
signal
processors,
digital
video
disc
servo
chips,
point-of-sale
modem
chips
and
micro
controller
units,
to
small
and
medium-sized
manufacturers
located
in
Hong
Kong
and
China.
As
a
new
course
of
business,
in
1999,
the
Company
acquired
certain
license
rights
under
two
patent
license
agreements
with
Visual
Access
Technologies,
Inc.
(VAT).
These
license
agreements
grant
the
right
to
the
Company
for
the
development,
manufacture,
use
and
sale
of
Getgo
Mail
Cards
and
enabling
software
for
use
by
customers
of
providers
of
voice,
e-mail
data
and
facsimile
messaging
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GETGO,
Inc.,
through
its
subsidiaries,
distributes
semiconductor
products
to
manufacturers
in
Hong
Kong
and
China.
The
Company
also
distributes
irrigation
products
and
systems,
fertilizers,
turf
equipment
and
golf
carts
to
golf
clubs
in
Hong
Kong,
Macau
and
China.
For
the
fiscal
year
ended
12/31/00,
revenues
fell
27%
to
$12.8
million.
Net
loss
totalled
$3.2
million,
up
from
$1.4
million.
Results
reflect
impact
of
the
Asian
financial
crisis
and
increased
stock
option
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Derrin Smith, Ph.D., 44 Chairman,
Pres, CEO | -- | Les Bates Interim CFO | -- | Clement Cheung, 44 Sec.,
Treasurer | $72K | 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
|
|