| Business Summary | | Rubber
Technology
International,
Inc.
(RTEK)
is
a
recycler
of
waste
tires
and
producer
of
recycled
molded
rubber
products.
RTEK's
current
principal
line
of
business
involves
accepting
waste
tires
from
tire
retailers,
service
stations,
salvage
yards,
clean
up
jobs
with
governmental
agencies,
private
individuals
and
companies
and
recycling
them
to
produce
a
variety
of
molded
rubber
products.
Recently,
the
Company
acquired
significant
construction
grade
sand
deposits
located
near
Las
Vegas,
Nevada
and
intends
to
develop
these
resources
towards
the
development
of
concrete
and
other
building
related
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Rubber
Technology
International
Inc.
recycles
used
tire
and
other
used
rubber
products
into
crumb
rubber
and
molded
rubber
products,
generally
on
a
wholesale
basis.
For
the
six
months
ended
5/01,
revenues
totaled
$764
thousand,
up
from
$280
thousand.
Net
loss
decreased
20%
to
$378
thousand.
Revenues
reflect
the
Company's
efforts
to
secure
sales
contracts
for
the
production
of
rubber
for
rubberized
asphalt.
Lower
loss
also
reflects
production
efficiencies. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Trevor Webb, 35 Pres,
CEO, Director | $68K | Fred Schmidt, 56 CFO | 105K | Thomas Reichman, 63 COO | 87K | James Mason, 55 VP,
Production | 108K | Dollar amounts are as of 31-Dec-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
|
|