| Business Summary | | RAM
Venture
Holdings
Corp.,
formerly
known
as
Corrections
Services,
Inc.,
was
organized
for
the
purpose
of
developing
and
marketing
a
house
arrest
program
to
relieve
the
need
for
incarceration
in
a
jail
or
similar
facility.
The
Company
was
commercially
active
in
that
area
until
mid-1998.
Since
that
time,
the
Company
has
had
no
commercial
operations,
intending
to
conserve
its
assets
while
seeking
one
or
more
opportunities
for
merger,
acquisition
or
suitable
commercial
enterprise.
On
July
7,
2000,
the
Company
changed
its
name
to
RAM
Venture
Holdings
Corp. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RAM
Venture
Holdings
Corp.
sold
its
interest
in
its
electronic
monitoring
business
and
is
presently
seeking
merger
opportunities.
For
the
six
months
ended
6/30/01,
revenues
totaled
$418
thousand,
up
from
$130
thousand.
Net
income
totaled
$358
thousand,
up
from
$65
thousand.
Revenues
reflect
an
increase
in
consulting
income
and
investment
activities
from
related
party.
Earnings
reflect
a
decrease
in
general
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Norman Becker, 62 Pres,
Director | -- | Frank Bauer, 55 VP | -- | Diane Martini, 52 Sec.,
Treasurer | $13K | 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
|
|