| Business Summary | | CECS
Corp.,
formerly
known
as
Choices
Entertainment
Corporation,
is
a
technology
holding
company.
The
Company
acquires,
invests
in,
and
incubates
companies
engaged
in
Internet,
computing
and
other
technologies
in
various
stages
of
development.
The
name
and
direction
of
the
business
was
changed
in
the
2000
to
reflect
its
interests
in
these
areas.
Among
other
businesses,
CECS
has
acquired
securities
issued
by
publicly
traded
Photochannel
Networks
Inc,
a
development
stage
company
engaged
in
e-commerce.
Photochannel
Networks
sells
online
photo-finishing
services
as
well
as
digital
and
other
cameras
and
photographic
equipment.
In
November
2000,
CECS
organized
a
wholly
owned
subsidiary,
SoftUse,
Inc.
Still
in
the
early
stages
of
organization
and
development,
SoftUse
will
be
developed
as
an
application
service
provider. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CEC
Corp.
operated
a
chain
of
retail
video
home
entertainment
stores.
As
of
6/97,
the
Company
sold
all
assets
and
business
to
West
Coast
Entertainment
Corporation
and
is
currently
considering
various
alternative
business
opportunities.
For
the
three
months
ended
3/31/01,
the
Company
reported
no
revenue.
Net
loss
before
extraordinary
item
fell
59%
to
$94
thousand.
Results
reflect
decreased
professional
and
consulting
expenses. | More
from
Market Guide: Significant
Developments |
| | |
| Position | James Sink, 50 | Chairman | Tracy Shier, 49 | Pres,
Treasurer, Director | Thomas Renna, 35 | VP--Public
and Investor Relations, Sec., Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|