| Business Summary | | iDial
Networks,
Inc.
provides
Internet-based
voice
telecommunication
to
customers
around
the
world.
The
Company
operates
selected
communication
services,
including
phone
cards
and
Internet
enabled
telephony.
During
2000,
the
Company
decided
to
change
its
business
model
from
a
telephony
service
provider
only
to
that
of
a
diversified
product
sales
company.
As
part
of
its
change
in
business
model,
in
August
2000,
the
Company
acquired
Whoofnet.com
Inc.,
a
next
generation
Internet
Company
designed
for
direct
selling.
Its
major
product
is
an
Internet
portal
for
use
by
the
general
public. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | iDial
Networks,
Inc.
is
an
Application
Service
Provider
(ASP)
of
Internet
Protocol
Telephony
communications.
For
the
three
months
ended
3/31/01,
revenues
totaled
$1.9
million,
up
from
$374
thousand.
Net
loss
increased
87%
to
$597
thousand.
Revenues
reflect
the
acquisition
of
Whoofnet.com
and
2Sendit.com
and
the
expansion
of
the
Company's
VoIP
calling
services.
Net
loss
reflects
an
increase
in
operating
expenses
as
a
result
of
the
acquisitions. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
1,273;
after
tax
earnings
were
-574. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Mark Wood, 40 Chairman,
Pres, CEO | -- | Carl Battie, 44 Vice
Chairman | -- | Thomas Seifert, 29 CFO | $72K | Klaus Scholz, 50 COO | 45K | Dollar
amounts are as of 31-Dec-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
|
|