| Business Summary | | MegaChain.com
Ltd.
(MegaChain)
is
in
the
business
of
electronic
direct
marketing
(EDM).
To
this
end
the
Company
has
designed
and
created
a
software
system
that
uses
the
Internet,
email
and
a
multi-tiered
commission
program
for
the
purpose
of
advertising
websites
and
their
goods
and
services.
MegaChain
intends
to
act
as
an
Application
Service
Provider
(ASP)
that
provides
this
software
to
businesses
interested
in
creating
their
own
email
marketing
campaigns.
The
software
system
tracks
responses
to
email
advertisements,
identifying
the
individual
that
responded
and
the
corresponding
individual
or
individuals
who
referred
them.
It
also
tracks
the
subsequent
omissions
generated
by
those
responses
and
to
whom
those
commissions
are
due. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MegaChain
provides
any
company
with
an
Internet
presence,
a
powerful,
cost
effective
means
of
advertising
and
selling
its
product
or
service
through
the
use
of
an
innovative
software
suite
combining
MLM
techniques
and
email
messages.
For
the
nine
months
ended
3/31/01,
Company
reported
no
revenue.
Net
loss
rose
29%
to
$746
thousand.
Results
reflect
the
absence
of
any
revenue
generating
operation
and
increased
software
development
costs. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Tom Lavin, 50 Pres,
CEO, Director | $89K | Bill Lavin, 49 VP,
Sec., Director | -- | Thomas Johnson, 49 VP | -- | 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
|
|