| Business Summary | | SUMmedia.com
Inc.
(SUMmedia)
is
a
development
stage
Company
that
intends
to
market
online
coupon
services
(eCoupons)
under
the
SUMsolutions
banner
to
businesses
that
want
to
increase
their
ability
to
target
and
reach
new
customers
and
to
improve
existing
customer
relationships.
In
addition,
the
SUMsolutions
product
will
allow
businesses
to
extend
SUMmedia
Internet-based
marketing
tools,
such
as
Websites
and
Web-based
and
wireless
coupons,
to
their
customers.
SUMmedia
will
seek
joint
ventures
and
other
collaboration
with
business
directory
publishers
and
similar
companies
that
maintain
a
large
sales
force
and
can
act
as
re-sellers
of
SUMmedia's
products
and
services
to
their
business
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SUMmedia.com
Inc.
is
an
internet
media
and
marketing
company
that
provides
online
coupons,
or
``eCoupons'',
for
smaller
businesses
lacking
expertise
or
financial
resources
to
carry
on
``eCommerce''.
For
the
three
months
ended
3/31/01,
revenues
fell
90%
to
$49
thousand.
Net
loss
decreased
53%
to
$4.5
million.
Revenues
reflect
the
the
termination
of
all
direct
sales
business.
Lower
loss
reflects
the
absence
of
a
$1.1
million
goodwill
amortization
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Grant Petersen, 43 Chairman,
CEO | $133K | Philip Kunsberg Pres,
Director | -- | L. Evan Baergen CFO,
Sec. | -- | David Noble, 38 CIO | -- | 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
|
|