| Business Summary | | ABC
Dispensing
Technologies
Inc.
designs,
manufactures
and
services
dispensing
systems
that
utilize
standard
micro-processing
technology
and
proprietary
operating
software.
The
Company's
product
offerings
are
specifically
designed
to
allow
semi-skilled
operators
to
efficiently
dispense
liquids
in
varied
environments.
The
Company's
technology
is
protected
by
24
patents
and
one
pending
patent.
The
technology
is
designed
to
provide
users
with
a
superior
ability
to
effectively
dispense
and
control
materials
and
minimize
labor
and
waste. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ABC
Dispensing
Technologies
designs,
manufactures,
and
services
dispensing
systems
that
utilize
standard
micro-processing
technology
and
proprietary
operating
software.
For
the
fiscal
year
ended
4/30/01,
revenues
fell
23%
to
$1.7
million.
Net
loss
applicable
to
Common
rose
45%
to
$2.3
million.
Revenues
reflect
lower
sales
of
Royal
Match
paint
and
beverage
equipment.
Higher
loss
reflects
lower
gross
margins,
higher
interest
expenses
and
$127
thousand
in
bad
debt
expenses. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Charles Stimac, Jr. | Pres,
Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|