| Business Summary | | United
Trading.Com
has
developed
and
is
continuing
to
developing
software,
security
and
transaction
techniques
applied
to
certain
Internet
niche
markets
for
e-commerce
applications,
particularly
as
applicable
to
offshore
(outside
United
States)
markets
where
selling
costs
are
historically
high,
and
therefore
strategic
alliances
and
relationships
are
significant
in
terms
of
overall
cost
effectiveness.
The
Company's
principal
products
are
the
its
proprietary
casino
gaming
and
sports
book
software.
The
Company
has
licensed
its
proprietary
casino
gaming
and
sports
book
software
to
offshore
operators
of
Internet
gaming
sites.
The
Company
plans
to
revise
the
existing
software
and
establish
additional
complete
Internet
sites
for
license
on
a
turnkey
basis.
United
also
plans
to
use
the
free
marketing
available
through
Internet
chat
sites
and
other
Internet
advertising
by
using
banner
adds
on
Internet
search
engines. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | United
Trading.Com
has
developed
or
is
developing
software,
security
and
transaction
techniques
applied
to
certain
Internet
niche
markets
for
e-commerce
applications,
particularly
offshore
markets
where
selling
costs
are
high.
For
the
six
months
ended
6/30/01,
revenues
remained
flat
at
$0.
Net
loss
totalled
$1
million,
up
from
$41
thousand.
Results
reflect
the
absence
of
sales
of
license
agreements,
along
with
higher
S/G/A
costs
and
the
inclusion
of
write-offs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Norman Wright, 63 Chairman,
Pres, Treasurer | $12K | Ian Anderson, 21 VP,
Sec., Director | -- | Dollar amounts are as of 31-Dec-1999 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
|
|