| Business Summary | | Online
Innovation,
Inc.
is
a
website
development
company
that
is
developing
a
group
of
webpages
designed
to
facilitate
social
interaction
between
single
adults,
with
an
emphasis
on
entertainment
and
matchmaking.
The
Company
is
developing
a
group
of
webpages
through
which
Internet
users
will
be
able
to
interact
socially
in
a
variety
of
contexts.
The
various
webpages
will
facilitate
the
development
of
"virtual
communities"
in
which
members
interact
socially
and
form
bonds
through
the
use
of
the
Internet.
The
Company's
main
website,
located
at
www.virtuallydating.com,
will
provide
entertainment
for
and
facilitate
matchmaking
between
single
adults.
This
site
will
act
as
a
gateway
to
the
various
webpages
developed
by
the
Company,
all
of
which
will
be
designed
to
facilitate
social
interaction
in
a
variety
of
settings
and
contexts.
The
target
market
will
be
single
North
Americans
over
the
age
of
18
and
the
primary
focus
will
be
on
entertainment
and
matchmaking
between
single
adults. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Online
Innovation,
Inc.
is
a
website
development
company,
currently
developing
a
group
of
webpages
designed
to
facilitate
social
interaction
between
single
adults,
with
an
emphasis
on
entertainment
and
matchmaking.
For
the
nine
months
ended
3/31/01,
the
Company
reported
no
revenues.
Net
loss
fell
26%
to
$259
thousand.
Lower
loss
reflects
decreased
management
and
consulting
fees
and
the
absence
of
costs
related
to
the
issuance
of
stock
options
for
compensation. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Chad Lee, 31 Pres,
CEO, Director | $30K | Harvey Cohen, 75 VP,
Director | -- | Marlene Schluter, 36 Sec.,
Treasurer, Director | -- | 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
|
|