Here is what the old company owned last year (from an old post):
Hy-Tek Inc of Sarasota, FL specialises in the marketing and distribution of leading edge computer components with a focus on the computer memory industry. Projected sales for the next twelve months for Hy-Tek are $10,000,000.
InfraLiner Systems Inc. In a press release of 15 July, 1998 it has been announced by Data 1 that they have reached an agreement in principal to acquire 80% of InfraLiner Systems. The company has developed a proprietary acid and chemical resistant liner which bonds to wet materials which include concrete, brick, clay pipe, PVC pipe, steel, sand and other aggregates. InfraLiner has applications in the rehabilitation and new construction of sewers, underground utilities, pipes, marine structures, bridges, tunnels, concrete and steel structures. Basically, if a surface is subject to deterioration or leaks, InfraLiner will provide the most cost effective solution to the problem. InfraLiner (ILS) expects to book $20mm in revenues during the next twelve months.
At that time they showed 16MM shares outstanding. They issued more this spring to raise cash, but don't know what the final number was.
Rick |
