| Business Summary | | USURF
America,
Inc.
provides
wireless
Internet
access
services
to
a
small
number
of
customers
in
Santa
Fe,
New
Mexico.
Since
September
1998,
the
Company
has
acquired
seven
dial-up
ISPs
(Internet
service
providers),
the
business
of
www.e-tail.com
and
a
Web
design
firm.
Quick-Cell
is
the
brand
name
of
the
Company's
proprietary
wireless
Internet
access
system.
The
Company
has
one
Quick-Cell
system
operating
in
Santa
Fe,
New
Mexico,
where
it
serves
approximately
120
customers.
The
DataLink
system,
which
was
delivered
to
the
Baton
Rouge
refinery
of
an
international
oil
company,
was
purchased
to
replace
an
existing
hard-wire
(T1
telephone
line)
data
transmission
system.
Due
to
a
lack
of
capital
for
marketing
and
equipment,
the
Company
suspended
DataLink-related
activities,
and
determined
that
its
Quick-Cell
products
provided
the
greater
opportunity
of
achieving
short-term
market
share
and
profitability. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | USURF
America,
Inc.
focuses
on
the
exploration
of
the
Wireless
Internet
access
products
and
other
Internet
services.
For
the
six
months
ended
6/30/01,
revenues
fell
99%
to
$16
thousand.
Net
loss
decreased
72%
to
$1.6
million.
Revenues
reflect
decreased
Internet
access
revenues
from
the
recent
demise
of
CyberHighway.
Lower
loss
reflects
a
decrease
in
operating
expenses
due
to
the
write-off
of
all
intangible
assets
relating
to
CyberHighway. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| David Loflin, 42 Pres | $62K | Christopher Wiebelt, 41 VP-Fin.,
CFO | -- | Waddell Loflin, 50 VP,
Sec. and Director | 42K | Darrell Davis, 36 VP-
U.S. Internet Operations | -- | James Kaufman, 36 VP
of Corp. Devel. | 103K | 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
|
|