| Business Summary | | OrbitTravel.com
Corp.,
formerly
Divot
Golf
Corp.,
is
repositioning
itself
as
a
value-added
services
provider
specializing
in
business
to
business
e-commerce
applications
and
providing
distribution
services
and
on-line
marketing
solutions
to
the
travel
industry
worldwide.
Through
its
wholly
owned
subsidiary,
OrbitTravel.com,
the
Company
is
an
independent
travel
distribution
and
e-commerce
company
that
specializes
in
assisting
travel
suppliers
and
tourism
destinations
to
promote,
distribute
and
sell
their
products
electronically
to
travel
buyers
worldwide,
via
the
Internet,
airline
Global
Distribution
Systems
(GDSs),
America
Online,
Private
Intranets
and
other
electronic
distribution
networks.
Prior
to
2000,
the
Company
operated
as
a
golf
related
products
and
services
company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | OrbitTravel.com
specializes
in
business
to
business
e-commerce
applications
and
provides
distribution
services
and
on-line
mktg.
solutions
to
the
travel
industry.
For
the
nine
months
ended
9/30/00,
revenues
totalled
$484
thousand,
up
from
$0.
Net
loss
totalled
$19.9
million,
up
from
$1.7
million.
Revenues
reflect
the
start
of
Internet
business
in
late
1999.
Higher
loss
reflects
a
$5.9
million
compensation
expense,
a
$1.6
million
stock
based
compensation
and
a
$1.3
million
stock
based
professional
fee. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Joseph Cellura, 45 Chairman
and CEO | $209K | David Noosinow, 40 Pres,
Sec. | -- | Clifford Bagnall, 45 CFO | 14K | Bob Gilbert COO | -- | Dean Miller, 42 VP
of Sales | -- | 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
|
|