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Profile - Inforetech Wireless Tech. (OTC BB:WYREE.OB)
As of 31-Aug-2001
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More Info: News | Profile
Recent Events
Aug 28Price hit new 52-week low ($0.10)
Location
5500 - 152nd Street, Suite 214
Surrey, V35-8E7, Canada
Phone: (604) 576-7442
Fax: (604) 576-7460
Email: info@inforetech.com
Employees (last reported count): 65
Financial Links
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Services
 ·Industry: Business Services
Company Website
 ·Home Page

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Ownership
·Insider and 5%+ Owners: 51%
·Institutional: 3% (6% of float)
(2 institutions)
·Net Inst. Buying: 700.0K shares (+49.64%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Inforetech Wireless Technology Inc. is a development stage company that has created a pace-of-play information system for golf courses. The Company's products provide wireless communications and global positioning system (GPS) solutions for mobile and fixed asset management applications. It has targeted the golf market for the initial product launch of its hand-held Portable Recreational Devices. The Company is a provider of GPS-based golf solutions offering both hand-held and cart-based products. Its hand-held product, the Inforemer, is a high-resolution device that can be carried or attached to a golf bag or power cart. The Company's cart-based systems include the same functionality as the hand-held units but also include advanced graphics, color displays and mobile asset tracking capabilities, among other features.
More from Market Guide: Expanded Business Description

Financial Summary
Inforetech Wireless Technology, Inc. provides wireless communications and GPS solutions for mobile and fixed asset management systems, primarily for the golf market. For the three months ended 3/31/01, revenues totaled $620 thousand, up from $0. Net loss before extraordinary item totaled $3 million, up from $973 thousand. Revenues reflect the acquisition of ProShot Golf, Inc. Net loss reflects increased salaries and investor relation fees.
More from Market Guide: Significant Developments

Officers
FY2000 Pay

Robert Silzer, Sr., 54
Chairman, CEO
$201K
Robert Silzer, Jr., 35
Pres, Sec., Treasurer, Director
--  
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
Statistics at a Glance -- OTC BB:WYREE.OBAs of 31-Aug-2001
Price and Volume
52-Week Low
on 28-Aug-2001
$0.10 
Recent Price$0.145
52-Week High
on 1-Sep-2000
$6.125
Daily Volume (3-month avg)79.4K
Daily Volume (10-day avg)400.0K
Stock Performance
52-Week Change-97.6%
52-Week Change
relative to S&P500
-96.8%
Share-Related Items
Market Capitalization$3.31M
Shares Outstanding22.8M
Float11.2M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)-$0.06 
Earnings (ttm)-$0.81 
Earnings (mrq)-$0.20 
Sales (ttm)$0.05 
Cash (mrq)$0.07 
Valuation Ratios
Price/BookN/A 
Price/EarningsN/A 
Price/Sales (ttm)2.71 
Income Statements
Sales (ttm)$620.0K
EBITDA (ttm)-$6.75M
Income available to common (ttm)-$9.55M
Profitability
Profit MarginN/A 
Operating MarginN/A 
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter31-Mar-2001
Management Effectiveness
Return on Assets (ttm)-207.51%
Return on EquityN/A 
Financial Strength
Current Ratio (mrq)0.42 
Debt/EquityN/A 
Total Cash (mrq)$1.66M
Short Interest
Shares ShortN/A 
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 31-Mar-2001)

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