| Business Summary | | The
X-Change
Corporation
is
actively
engaged
in
the
process
of
locating
a
merger
and/or
acquisition
candidate.
The
Company,
as
a
result
of
the
cessation
of
its
business
and
the
failure
of
its
proposed
acquisitions,
had
no
operations
during
the
year.
The
Company
attempted
two
acquisitions
in
2000,
neither
of
which
were
able
to
deliver
the
required
financial
statements.
The
first
was
rescinded
and
the
second
was
not
consummated.
Since
October
4,
2000,
the
Company
has
been
in
the
development
stage,
and
has
not
commenced
planned
principal
operations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
X-Change
Corporation
is
currently
engaged
in
the
process
of
locating
a
potential
merger
and/or
acquisition
candidate.
For
the
six
months
ended
6/30/01,
revenues
remained
flat
at
$0.
Net
loss
totalled
$3
thousand,
up
from
$0.
Revenues
reflect
the
abandoning
of
an
attempted
acquisition
of
CareNet
Corporation.
Higher
loss
reflects
the
inclusion
of
selling,
general,
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | W. Steven Garrett | Pres | Richard Gregory, 65 | CFO,
Treasurer, Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|