| Business Summary | | HyperMedia
Communications,
Inc.
is
attempting
to
locate
and
negotiate
with
a
business
entity
for
the
combination
of
a
target
company
with
the
Company.
In
September
1999,
the
Company
announced
a
change
in
operations
from
a
traditional
print
publication
to
an
enhanced,
Internet-based
information
service.
The
Company
published
its
final
issue
of
NewMedia
magazine
and
began
devoting
its
resources
to
the
development
of
its
Website,
newmedia.com,
which
provided
daily
news
and
information
services
to
the
Internet
architect
community.
In
October
2000,
HyperMedia
announced
that
due
to
its
inability
to
secure
financing,
it
suspended
operations,
laid
off
most
of
its
work
force
and
began
to
explore
options
to
sell
the
Company
or
its
assets
and
wind
down
operations.
In
December
2000,
the
Company
sold
all
of
its
assets,
including
its
Website,
NewMedia.com,
and
related
media
assets
and
mailing
lists
to
Internet.com
Corporation. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HyperMedia
Communications
is
attemtping
to
locate
and
negotiate
with
a
business
entity
for
the
combination
of
a
target
company
with
the
Company.
The
Company
previously
provided
integrated
information
services
to
the
corporate
digital
content
market.
For
the
six
months
ended
6/30/01,
revenues
totaled
$0,
down
from
$710
thousand.
Net
loss
fell
89%
to
$272
thousand.
Results
reflect
the
selling
of
all
the
Company's
assets,
offset
by
lower
SG&A
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Richard Landry, 43 Chairman,
Pres, CEO | $150K | Robert Edgell Exec.
VP, Bus. Devel. for NewMedia.com | -- | Kenneth Klein, 49 VP,
Fin. and Admin., CFO and Sec. | 110K | 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
|
|