| Business Summary | | Ableauctions.com,
Inc.
is
engaged
in
the
business
of
auctioning
a
broad
range
of
merchandise
and
equipment
through
its
brick-and-mortar
auction
houses,
over
the
Internet
and
by
broadcasting
some
of
its
live
auctions
on
the
Company's
Website
at
www.ableauctions.com.
The
Company
operates
its
business
through
its
wholly
owned
subsidiaries,
Able
Auctions
(1991)
Ltd.,
Johnston's
Surplus
Office
Systems
Ltd.,
Jarvis
Industries
Ltd.,
Warex
Supply
Ltd.
in
Canada,
Ableauctions.com
(Washington)
Inc.,
Ehli's
Commercial/Industrial
Auctions,
Inc.
and
Surplus
Office
Systems,
L.L.C.
in
the
United
States. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Ableauctions.com,
Inc.
is
engaged
in
the
business
of
auctioning
a
broad
range
of
merchandise
and
equipment
through
brick-and-mortar
auction
houses,
over
the
Internet
and
by
broadcasting
live
auctions
on
its
web
site.
For
the
six
months
ended
6/30/01,
revenues
increased
25%
to
$5.5
million.
Net
loss
from
continuing
operations
decreased
86%
to
$380
thousand.
Results
reflect
the
inclusion
of
revenues
from
acquisitions
and
a
decrease
in
public
relation
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Abdul Ladha, 39 Pres,
CEO, Director | $200K | Ron Miller CFO, VP | 75K | Jeremy Dodd COO,
Sec., Treasurer | 100K | Dan Bouchard Vice-Pres, U.S. Operations | -- | Randy Ehli Vice-Pres,
Northwest Auctions | 90K | 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
|
|