| Business Summary | | DataMEG
Corporation,
a
development
stage
enterprise,
is
a
technology
development
company
focused
primarily
on
developing
new
technologies
relating
to
high
speed
Internet
access
through
traditional
phone
lines
and
other
applications
where
the
movement
of
data
is
the
underpinning
element.
DataMEG
Corporation
has
designated
this
process
as
a
Communications
Acceleration
System
(CAS),
and
has
filed
patents
pertinent
to
this
technology
development.
CAS
allows
for
high-speed
communications
over
an
existing,
established
network. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | DataMeg
Corp.
is
a
development
stage
technology
development
enterprise
focused
on
introducing
the
Communications
Acceleration
System.
CAS
is
a
high-speed
data
transmission
processor.
For
the
six
months
ended
6/30/01,
the
Company
reported
no
revenues.
Net
loss
rose
from
$733
thousand
to
$1.6
million.
Results
reflect
the
absence
of
any
revenue
generating
activities.
Net
loss
also
reflects
increased
security
expenses
and
higher
consulting
and
accounting
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Andrew Benson Pres,
CEO, Acting Chief Financial Officer | $432K | Reggie Phillips COO | 432K | John Cairns Other | 120K | 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
|
|