| Business Summary | | Borealis
Exploration
Limited
(Borealis)
invents,
develops
and
licenses
technologies
aimed
at
transforming
basic
industries,
including
electric
motors,
power
generation,
cooling
and
refrigeration,
solar
power
and
steel
making.
Borealis
is
developing
industrial
technologies
for
more
efficient
generation
of
electrical
power,
more
effective
electrical
motors,
and
silent,
non-polluting
cooling
and
refrigeration
systems.
The
Company's
Chorus
is
an
electric
motor
that
provides
considerably
more
torque
and
higher
efficiencies
than
existing
3-phase
electric
drives.
The
Chorus
motor
is
an
ideal
source
of
motive
power
for
traction
applications,
including
elevators,
hoists,
conveyors,
locomotives,
ships
and
automobiles.
Borealis
also
is
developing
Power
Chips,
which
produce
electricity.
These
chips
are
small,
lightweight,
durable,
versatile,
silent,
nonpolluting,
and
can
operate
without
any
moving
parts.
They
will
make
it
possible
to
generate
electricity
anywhere
there
is
a
source
of
heat. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Borealis
Exploration
Ltd.
invents,
develops
and
licenses
innovative
technologies
aimed
at
transforming
basic
industries,
including
electric
motors,
power
generation,
cooling
and
refrigeration,
solar
power
and
steel
making.
For
the
nine
months
ended
12/31/00,
the
Company
reported
no
revenue.
Net
loss
rose
37%
to
$1.7
million.
Results
reflect
higher
general
and
administrative
expenses
and
higher
interest
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Rodney Cox,Ph.D. | Chairman,
CEO | Isaiah Cox | Pres,
COO, Director | Abraham Cohen | Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|