| Business Summary | | Finity
Holdings,
Inc.
operates
through
its
wholly
owned
subsidiaries,
Finity
Corporation,
and
Fi-Scrip,
Incorporated.
The
services
which
have
been
historically
provided
by
the
Company
are:
credit
and
debit
card
services;
document
management
and
distribution
services;
and
processing
services
for
Automatic
Teller
Machines
transactions,
debit
terminal
transactions
and
Electronic
Benefits
Transfer
systems
transactions.
Today,
the
Company
has
concentrated
on
a
niche
market
consisting
of
small
to
medium-sized
businesses
that
have
not
achieved
adequate
economies
of
scale
to
operate
their
own
programs
and
systems. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Finity
Holdings,
Inc.
through
its
subsidiary
First
Independent
Computers
is
a
multi-faceted
information
services
organization
providing
credit
and
debit
card
services,
banking
and
financial
services
and
document
management
and
distribution
services.
For
the
six
months
ended
6/01,
revenues
fell
14%
to
$975
thousand.
Net
loss
before
extraordinary
item
decreased
36%
to
$1.7
million.
Results
reflect
decreased
processing
fees,
offset
by
lower
salaries
expense. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Kenneth Klotz, 54 Pres,
CEO, Director | $108K | Charles La Montagne, 47 CFO,
Exec. VP | -- | Olan Beard, 45 Exec.
VP, COO, Director | -- | 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
|
|