| Business Summary | | World
Transport
Authority,
Inc.
(WTA)
is
in
the
business
of
designing
vehicles,
and
selling
licenses
to
others
to
produce
these
vehicles
in
markets
around
the
world.
The
Company
sells
a
Master
License
for
each
predetermined
geographic
region
or
each
country,
depending
on
the
estimated
vehicle
sales
in
each
market.
The
Company,
through
its
wholly
owned
subsidiary,
World
Star
Logistics,
Inc.,
also
generates
revenue
from
the
sales
of
manufactured
vehicle
components.
The
Company
has
an
agreement
with
CBN
World
Star,
Inc.
(CBN),
which
grants
to
CBN
the
license
to
build
and
sell
manufacturing
plants
on
behalf
of
WTA
for
the
manufacture
of
the
WorldStar
product
line.
The
Company
has
executed
Master
Licenses
that
cover
the
Philippines,
Colombia,
Venezuela,
Ecuador,
Panama
and
Costa
Rica. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | World
Transport
Authority,
Inc.,
through
its
wholly
owned
subsidiary
World
Transport
Authority,
is
in
the
business
of
designing
vehicles,
and
selling
licenses
to
others
to
produce
these
vehicles
in
markets
around
the
world.
For
the
nine
months
ended
3/31/01,
total
revenue
fell
37%
to
$381
thousand.
Net
loss
rose
86%
to
$2.6
million.
Results
reflect
reduced
license
fees
earned
and
increased
professional
fees
and
commission
and
travel
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Lyle Wardrop, 59 Pres,
CEO, Director | $15K | Dollar amounts are as of 30-June-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
|
|