Questec news filing with SEC
Plan of Operation for the Next 12 Months
The Company has actively been working on a $4,000,000 private placement financing for the past several months. Management is confident that it will secure and finalize this financing soon. These monies will be used to pay down all long-term and short-term debt (approximately $700,000), hire qualified management, expand marketing and distribution, enhance current product/service offerings, and initiate a product development center in cooperation with Atlantic Aerospace Electronics Corporation (AAEC).
Within the next twelve months, the Company anticipates that it will complete installation of SuperVision in all 30 Major League ballparks (18 ballparks are presently cabled and 11 systems are in operation), establish internet baseball production service as a standard per game feature, (to date, this has been a special event package for All-Star Game and World Series productions), expand TennisProView production service through contracts with major world-wide providers of tennis coverage, establish internet tennis production service as a standard per match feature (which the Company hopes to launch on July 31, 2000 during ISL Worldwide's coverage of ATP Tour Master Series Tennis from Toronto, Canada), complete development and deployment of new Ski Jumping system (the Company has worked extensively with RTL Television, Cologne, Germany to develop a real-time tracking and 3-D virtual replay system), and complete development and deploy a new version of GolfProView.
Marketing |
