| Business Summary | | Golf
Rounds.com,
Inc.
was
previously
engaged
in
the
wholesale
distribution
of
aluminum
alloys,
steel
and
other
specialty
metals
under
the
name
American
Metals
Service,
Inc.
The
Company
has
liquidated
its
assets
and
did
not
conduct
any
business
operations
until
May
1999.
At
that
time,
the
Company
acquired
the
assets
of
PKG
Design,
Inc.,
the
developer
of
the
Company's
two
websites,
golfrounds.com
and
skiingusa.com.
The
golfrounds.com
website
provides
news
and
stories
on
professional
and
amateur
golf,
local
tee
time
services,
local
golf
course
reviews
and
information
on
tournaments
and
activities.
Skiingusa.com
is
a
similar
website
devoted
to
skiing.
Although
the
Company
is
seeking
to
maintain
and,
possibly,
to
expand
its
websites,
its
primary
business
objective
is
to
locate
a
target
business
that
it
believes
will
have
significant
growth
potential
and
effect
a
business
combination
with
that
target. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TEEE
operates
two
websites,
golfrounds.com,
which
provides
news
and
stories
on
professional
and
amateur
golf,
as
well
as
general
information
on
golf,
and
skiingusa.com,
which
provides
similar
information
on
skiing.
For
the
nine
months
ended
5/01,
revenues
increased
34%
to
$130
thousand.
Net
loss
decreased
66%
to
$150
thousand.
Revenues
reflect
increased
interest
income.
Lower
loss
benefitted
from
decreased
web
consulting
and
medical
insurance
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| John McCarthy, III, 55 Chairman,
Sec. | $18K | Robert Donehew, 48 VP,
Treasurer, Director | -- | Dollar amounts are as of 31-Aug-2000 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
|
|