| Business Summary | | Continental
Information
Systems
Corporation
was
a
specialized
financial
services
company
that
engaged
in
the
leasing,
sales
and
management
of
commercial
aircraft
and
engines
and
other
financing
activities,
including
commercial
real
estate
financing.
The
Company
has
changed
its
focus
and
is
in
the
early
stages
of
developing
software
for
the
securities
industry
to
deal
with
the
processing
of
securities
transactions
in
a
real
time
environment.
The
Company
intends
that
the
system
will
make
use
of
the
state
of
the
art
software
using
proprietary
work
process
control
methods. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CISC
leases,
sells
and
manages
commercial
aircraft
and
aircraft
engines,
equipment
leasing,
and
other
financing
activities,
including
commercial
RE
financing.
CISC
is
in
the
initial
stage
of
developing
an
Electronic
Execution
Portal
System.
For
the
nine
months
ended
2/01,
revenues
fell
82%
to
$1.1
million.
Net
loss
from
continuing
operations
rose
91%
to
$3
million.
Results
reflect
the
sold
off
of
leasing
portfolio,
discontinued
aviation
business
and
higher
S/G/A
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Hassett, 69 Chairman | -- | Michael Rosen, 44 Pres,
CEO | $67K | Jonah Meer, 45 Sr.
VP, CFO and Chief Operating Officer | 200K | Michael Rosen, 46 Pres
of T1Xpert.com Corp. | 199K | Dollar amounts are as of 31-May-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
|
|