| Business Summary | | VirtualAcademics.com,
Inc.
is
engaged
in
the
business
of
distance
learning
over
the
Internet.
The
Company
currently
offers
degrees
and
training
programs
in
five
countries,
offering
training
and
degrees
in
eight
languages
(English,
Chinese,
Japanese,
Spanish,
Portuguese,
Arabic,
Korean
and
Russian)
to
students
from
43
countries
around
the
world.
The
programs
offer
students
the
convenience
of
completing
their
education
and
training
from
a
laptop
or
home
computer.
VADC
is
licensed
by
the
State
Education
Department
of
the
State
of
Alabama,
internationally
accredited
by
the
International
Association
of
Universities
and
Schools,
and
is
recognized
by
education
agencies
of
the
governments
of
China,
Canada,
Egypt
and
Lebanon
among
others.
The
VADC
universities
offered
accredited
and
licensed
degree
programs
in
a
variety
of
concentrations
including
Bachelor's
and
Master's
degrees
in
the
areas
of
Business
Administration,
Management
Information
Systems,
e-Commerce
as
well
as
customized
programs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VirtualAcademics.com,
Inc.,
is
a
holding
company
that
owns
and
operates
online
Distance
Learning
universities
in
five
countries,
offering
training
and
degrees
in
eight
languages
to
students
from
43
countries.
For
the
nine
months
ended
3/31/01,
revenues
totalled
$1.9
million,
up
from
$896
thousand.
Net
income
fell
32%
to
$83
thousand.
Revenues
reflect
a
higher
number
of
students
registered.
Earnings
were
offset
by
increased
personnel
and
advertising
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Bettinger, 63 Chairman,
CFO, Treasurer | -- | Steven Bettinger, 29 Pres,
CEO, Director | $384K | Mahmoud Hassan, PhD., 49 Exec.
VP, Director | -- | Dollar amounts are as of 30-June-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
|
|