| Business Summary | | BGI,
Inc.
is
a
distributor
of
prepaid
phone
card
dispensers
and
prepaid
phone
cards.
The
Company
also
operates
as
a
lessor
of
charity
bingo
facilities.
As
of
March
8,
2001,
the
Company
owned
325
dispensers
located
throughout
the
states
of
Texas,
Oklahoma,
Arizona
and
Colorado.
BGI
consists
of
five
wholly
owned
subsidiaries,
Tupelo
Industries,
Inc.,
Meridian
Enterprises,
Inc.,
Red
River
Bingo,
Inc.,
Monitored
Investments,
Inc.
and
PrePaid
Plus,
Inc.
(PPI).
With
the
exception
of
PPI,
the
subsidiaries
are
dormant
or
sub-lessors
of
real
property
to
three
charitable
bingo
operations
in
Meridian,
Iuka
and
Tupelo,
Mississippi. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BGI,
Inc.
is
a
distributor
of
prepaid
phone
card
dispensers
and
prepaid
phone
cards.
The
Company
also
operates
as
a
lessor
of
charity
bingo
facilities.
For
the
six
months
ended
6/01,
revenues
decreased
32%
to
$1.2
million.
Net
income
totalled
$82
thousand
vs.
a
loss
of
$230
thousand.
Revenues
reflect
a
decrease
in
phone
card
and
machine
sales
due
to
increased
competition.
Earnings
reflect
the
inclusion
of
gains
on
the
sale
of
assets. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Reid Funderburk, 48 Chairman
and CEO | $89K | Thomas Murphy, 56 Pres,
COO | -- | James Sylvester CFO | -- | Edward Reckdenwald Exec.
VP | -- | Robert Chappell, 41 Treasurer | -- | 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
|
|