| Business Summary | | SITI-Sites.com,
Inc.
(SITI)
is
an
Internet
media
company
with
three
Websites
for
the
marketing
of
news
and
services.
The
Company's
Websites
relate
entirely
to
the
music
industry
and
promotional
services
for
independent
artists
not
affiliated
with
major
record
companies.
The
Company
intends
to
develop
these
sites
further
by
entering
into
strategic
partnerships
and
affiliations.
SITI
is
still
developing
its
software,
music
sites
and
business,
and
its
revenues
are
negligible.
During
fiscal
2000,
the
Company
made
an
investment
in
a
music
CD
custom
compilation
and
promotion
company,
Volatile
Media,
Inc.,
which
did
business
as
EZCD.com,
and
is
in
bankruptcy
liquidation.
The
Company
has
also
discontinued
the
operations
of
its
New
York
Expo
business
segment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SITI-Sites.com
is
in
the
business
of
establishing
Websites
for
the
marketing
of
goods
and
services
over
the
Internet.
In
6/99,
the
Company
acquired
Tropia,
Inc.,
an
Internet
distributor
of
music.
For
the
fiscal
year
ended
3/31/01,
revenues
totaled
$2
thousand,
up
from
$1
thousand.
Net
loss
from
continuing
operations
decreased
5%
to
$1.6
million.
Results
reflect
the
implementation
of
the
Company's
new
Internet
business
strategy. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Lawrence Powers, 69 Chairman
and CEO | $125K | Robert Ingenito, 58 Vice
Chairman and Pres | 100K | Toni Ann Tantillo, 34 CFO,
VP, Sec., Treasurer | 71K | John Iannitto, 52 Exec.
VP | -- | Theodore Mazola, 30 VP,Technical
Director | 70K | Dollar amounts are as of 31-Mar-2001 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
|
|