| Business Summary | | USA
Talks.com,
Inc.,
formerly
SBB,
Inc.,
is
a
development
stage
company
which
plans
to
market
maintainable
toll
quality
long
distance
telephone
service
for
a
flat
monthly
rate
utilizing
Internet
Protocol/IP
technology.
The
Company
is
building
its
own
private
IP
network
(Intranet)
to
implement
its
Voice-Over-Internet
Protocol.
The
Company's
Intranet
is
a
private
network
that
acts
like
a
dedicated
circuit
but
actually
shares
the
circuit
with
multiple
users
and
eliminates
in
large
part
the
need
for
expensive
(to
install,
maintain
and
use)
fixed-to-point
hard-wired
private
lines
and
switches.
The
Company's
Intranet
is
comprised
of
programmed
software,
not
hard-wired
circuits,
which
results
in
significant
cost
savings
and
a
more
flexible
system
for
the
transmission
of
information,
including
voice,
video,
data
and
fax.
The
Company's
prospective
customers
include
small
and
large
businesses
and
residential
users,
and
resellers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | USA
Talks.com,
Inc.
is
the
parent
company
for
two
subsidiaries
who
own
and
have
developed
proprietary
technologies
for
use
in
providing
Internet
long
distance
service.
For
the
nine
months
ended
9/30/99,
revenues
totalled
$273
thousand,
up
from
$0
thousand.
Net
loss
totalled
$14.4
million,
up
from
$1.4
million.
Results
reflect
sales
of
long-distance
telephone
services
on
the
Company's
voice-over-Internet
network,
offset
by
increased
research
and
development
costs. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1998 Pay | |
| Leonard Ryder Chairman | -- | Patrick Mulvey CEO | -- | William Ervine, Jr., 52 Pres | $261K | Jack Alexander, 65 CFO | 186K | Stephen Storey, 49 COO | -- | Dollar
amounts are as of 31-Dec-1998 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
|
|