| Business Summary | | Viva
Gaming
&
Resorts,
Inc.
is
engaged
in
the
management
and
development
of
gaming
assets
in
North
America
and
plans
to
seek
acquisitions
of
casino
properties
in
niche
markets
during
fiscal
2001.
The
Company,
incorporated
in
December
1997,
was
originally
established
to
engage
in
the
sale
and
rental
of
wireless
telecommunication
services
and
equipment,
through
the
operation
of
retail
outlets,
primarily
in
Western
Canada.
As
of
December
31,
2000,
the
Company
was
in
the
development
stage,
planned
operations
have
not
commenced
and
its
activities
were
limited
to
negotiating
the
acquisition
of
existing
gaming
outlets
and
developing
the
planned
operations
for
its
majority
owned
Mexican
subsidiary,
Viva
Gaming
&
Resort
de
Mexico,
S.A.
de
C.V.,
which
was
acquired
in
August
2000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Viva
Gaming
and
Resorts
is
currently
engaged
in
the
management
and
development
of
gaming
assets
in
North
America
and
plans
to
seek
acquisitions
of
casino
properties
in
niche
markets
during
fiscal
2000.
For
the
six
months
ended
6/30/01,
the
Company
reported
no
revenue.
Net
loss
rose
from
$784
thousand
to
$2.4
million.
Revenues
reflect
the
discontinuation
of
all
revenue-generating
activities.
Higher
loss
reflects
higher
operating
and
stock-based
compensation
expenses. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Robert Sim, 46 | Chairman | Eric Nelson | Pres,
CEO, Director | Rosemarie Sim, 43 | Sec.,
Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|