| Business Summary | | Trans-Orient
Petroleum
Ltd.
is
actively
engaged
in
identifying,
financing
and
providing
business
development
services
for
early
stage
resource
and
technology
businesses
(Associated
Companies).
The
Company's
operating
strategy
is
to
acquire
a
significant
equity
interest
in
Associated
Companies
and
to
provide
financial,
managerial
and
technical
support
to
accelerate
the
achievement
of
the
Associated
Companies'
business
goals
and
objectives.
At
July
31,
2000,
the
Company
held
interests
in
four
Associated
Companies.
Trans-Orient
has
recently
received
stockholder
approval
to
change
its
name
to
ResourceNet
Capital
Corp.
to
better
reflect
its
business
model
and
mandate
to
expand
its
investment
universe. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Trans-Orient
Petroleum
Ltd.
has
transformed
into
a
venture
accelerator
and
incubator
following
the
sale
of
its
international
oil
and
gas
portfolio.
For
the
nine
months
ended
4/30/01,
total
revenues
fell
12%
to
$28
thousand.
Net
loss
totaled
$5.2
million,
up
from
$736
thousand.
Revenues
reflect
lower
interest
income
due
to
lower
average
cash
balances.
Loss
also
reflects
increased
write-downs
of
investments
in
associated
companies
and
receivables
from
associates. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Alex Guidi, 40 | Chairman | David Bennett, 52 | Pres,
CEO | Garth Johnson | CFO,
Sec., Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|