Interesting looking stats. No real commercial product to date. And
when you seek out even the most general information about their HSS
sound system, which by the way is dated back a considerable period of
time, there is a tremendous void.
I have a call in and will report if there is any substance.
Their recent share price moves have been more disastrous than even NCTI's.
Rich
American Technology Corp. Ticker: ATCO Page 1 of 10
Complete Financials: March 1998 Exchange OTC
FY END SEP
ISSUE DATA (07/31/98) PER SHARE DATA RATIOS
Price $ 7.31 EPS (TTM) $ -0.36 P/E (TTM) NM
52W High $ 7.50 Div. Rate $ NA Yield 0.00 %
52W Low $ 3.25 Book Value $ 0.24 Price/Book 30.20
Shrs Out 11.18 Mil Cash $ 0.22 ROE (TTM) -293.55 %
Float 7.20 Mil Rev (TTM) $ 0.04 ROA (TTM) -98.10 %
Mon. Vol 0.00 Mil Curr. Ratio 7.69
Beta NA LT Dbt/Eqty 0.00
BRIEF: ATCO is engaged in the development, manufacturing
and marketing of consumer electronic products and acoustic
technologies. The Company's HyperSonic Sound (HSS)
technology is the primary focus. For the 6 months ended
3/31/98, net sales fell 88% to $85K. Net loss rose 95% to
$1.6M. Revenues reflect the phasing out and termination of
the current FM and AM Sounds ear radio line. Loss also
reflects increased HSS and SFT development activities.
Copyright (c) 1998, Market Guide Inc., All rights reserved (more)
American Technology Corp. QUARTERLY SUMMARY Page 2 of 10
HISTORICAL QUARTERLY RESULTS(Thousands of U.S. Dollars)
REVENUE 1996 1997 1998
1st Qtr DEC 528 602 61
2nd Qtr MAR 137 81 24
3rd Qtr JUN 68 88
4th Qtr SEP 201 196
EPS (U.S. Dollars per share)
1st Qtr DEC 0.000 -0.020 -0.070
2nd Qtr MAR -0.010 -0.064 -0.080
3rd Qtr JUN -0.020 -0.060
4th Qtr SEP -0.045 -0.153
DIVIDENDS EMPLOYEES
Last Dividend Decl. $ NA # Employees 16
Last Div Ex-Date NA Sales/Employee (TTM) 23,063
Last Div Pay Date NA Net. Income/Empl.(TTM) NM
Copyright (c) 1998, Market Guide Inc., All rights reserved (more)
American Technology Corp. EQUITY, OFFICERS & ADDRESS Page 5 of 10
Common Stock $.00001 Par, 5/98, 20M auth., 11,181,935 issd.
Insiders control approx. 36%. IPO N/A. (As of 9/97) LTD:
$387K @ 6%. *NOTE: During the 6 months ended 3/31/98, all
350K Series A Preferred shares were converted into 974,197
Common shares.
OFFICERS: Cornelius J. Brosnan, Chmn./Pres./CEO, Elwood G.
Norris, CTO, Robert Putnam, VP/Treas./Asst. Secy., Robert M.
Wagner, Secy. TRANSFER AGENT: Interwest Transfer Co.
Company reincorporated 1992 in DE. Direct inquiries to:
Director of Investor Relations.
ADDRESS & PHONE NUMBERS
American Technology Corp.
13114 Evening Creek Dr. South
San Diego, CA 92128
PHONE: (619) 679-2114
FAX: (619) 679-0545
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