| Business Summary | | Diamond
Hitts
Production,
Inc.,
formerly
Hitsgalore.com,
Inc.,
is
currently
looking
to
acquire
profitable
entertainment
businesses
and
assets
via
acquisition,
and
liquidate,
modify,
extend
or
otherwise
satisfy
the
indebtedness
of
the
Company.
The
Company
was
engaged
in
the
development
of
a
porn-free,
or
adult
content-free,
business-to-business
Internet
search
engine.
The
hitsgalore.com
Website
was
a
business-to-business,
e-commerce
search
engine,
providing
a
searchable
database
for
businesses
seeking
to
bring
visitors
(hits)
to
their
Websites.
The
Company
also
provided
a
variety
of
free
sponsor-
supported
portal
services
to
its
visitors,
including
banners,
lifetime
banner
placements,
banner
generation,
voice
banners,
voice
mail
and
e-mail.
Effective
February
16,
2001,
the
Company
disposed
of
its
dot-com
assets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Diamonds
Hitts
Production,
Inc.
is
engaged
in
the
business
of
an
internet,
business-to-business
search
engine.
The
Company
provides
a
searchable
database
for
businesses
bringing
people
to
their
internet
websites.
The
Company
sells
sponsorships,
keyword
bid
and
rank
rights.
For
six
months
ended
6/30/01,
the
Company
reported
no
revenue.
Net
loss
from
continuing
operations
totaled
$1.7
million,
up
from
$322
thousand.
Higher
loss
reflects
increased
compensation
costs. | More
from
Market Guide: Significant
Developments |
| | |
| Position | David Shade | Chairman | Mark Crist | Pres,
CEO | Robert Thompson, 47 | VP,
Treasurer, CFO, Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|