Scouser-Took this off of Yahoo.How could there be "value" here.Or am i missing something?TIA,John
Reality Interactive, Inc. was incorporated for the purpose of developing
technology-based knowledge solutions for the industrial marketplace. On April
30, 1999, the Company ceased business operations and all employees were
terminated. Since April 30, 1999, the Company has been selling the intellectual
property embodied in its previously developed CD-ROM and Internet
products, as well as its fixed assets, including computers and office furniture.
The Company is also exploring potential uses of its public shell. In the
meantime, the Company intends to comply with all SEC reporting requirements
in order to maintain its status as a public company.
More from Market Guide: Expanded Business Description
Financial Summary
Reality Interactive, Inc. on April 30, 1999 ceased its current business
operations. RINT has been exploring potential uses for its public shell. For the
six months ended 6/30/00, the Company reports no revenues, down from
$226 thousand. Net loss fell 96% to $19 thousand. Revenues reflect the cease
of business operations effective from April 30, 1999. Net loss was offset by
lower rent, professional fees and miscellaneous office expenses. |
