Harris filed a 144 for cmqt now ddd I must do searches in BMCT LTD.
Form 144 for CHEQUEMATE INTL INC filed on Mar 10 1999
Issuers Name CHEQUEMATE INTL INC
Ticker Symbol CQMT
Seller B. GP) BMCT LTD. (HARRIS
Address 1222 EAST 2100 SOUTH
Address BOUNTIFUL UT 84010
Phone 801 322-1111
Filing Date Mar 10 1999
Shares to be Sold 20,000.00
Value 58,120.00
Broker FIDE
Title of Class Name of Currently Acquirable Percent
Beneficial Owner Owned Within 60 Days of Class
Common Blaine Harris 2,560,371 35,000 19%
Common Robert Warfield 1,000,000 *
Common Hal Glick 528,962 *
Common All Directors and 4,099,333 99,286 31%
Executive officers as a group (6
Persons, including
Harris, Warfield, Glick)
The following table contains certain information concerning the nominees for
the Board of Directors of the Company.
Name and Principle Occupation or Age First Shares of Percentage of
Employment Became a Common Stock Common Stock
Director Beneficially Outstanding
Owned
Blaine Harris 58 1994 2,595,371 19%
CEO and President of the Company.Elected as an officer of theCompany in 1994
Harold P. Glick 55 1995 528,962 3.9%
Partner in the real estatecompany of Moore Warfield & Glick.
Robert E. Warfield 56 1995 1,000,000 7.4%
Partner in the real estate companyof Moore Warfield & Glick.
Chuck Coonradt 53 1996 11,000 *
Chairman and CEO of the Game ofWork, Inc. a management consultingfirm
Lavar M. Butler 64 1995 35,000 *,1
Senior VP of the Company.Elected as an officer ofthe Company in 1995
Bert Alvey 45 Proposed 321,429 *
President Chequemate Third DirectorDimension, Inc.
*This Director owns less than three percent (3%) of the total issued and
outstanding shares.
1 Mr. Butler's 35,000 shares are shares which he has the right to acquire
within sixty days pursuant to options granted through May 31, 1997.
Business Experience
Blaine Harris. Chairman, Director, CEO and President. Mr. Harris is an alumnus
of Idaho State University, where he majored in Business and Marketing. Mr.
Harris has extensive experience in real estate with his primary focus being
commercial and residential project development. From 1986 to 1991, he served
as Chief Executive Officer and Chairman of the Board of Directors of
Help-U-Sell, Inc. and was involved with Help-U-Sell as a partner of Conquest
Management, a Utah partnership, which managed and owned a 49% interest in Help-
U-Sell. During his administration, Help-U-Sell grew form 118 franchises to 650
plus franchises and was listed as the fastest growing real estate franchising
organization in the country. In 1991, the Help-U-Sell parent company, Mutual
Benefit Life, was taken over by the New Jersey State Insurance Regulators and
its subsidiaries were liquidated, including Help-U-Sell, Inc. In 1991, Mr.
Harris formulated and began development of Chequemate International, Inc. Mr.
Harris is also a Director of Fountain Fresh Inc.
Lavar Butler. Director and Senior Vice President. Mr. Butler has a BS degree
in Industrial Management. Mr. Butler spent 25 years as a General Manager, Vice
President and President while managing manufacturing and marketing companies in
Utah, Indiana, England and California prior to joining AC&T in the spring of
1992.
Harold P. Glick. Director. Mr. Glick received his BS degree in Accounting from
the University of Mar
yland in 1965 and became a Certified Public Accountant the following year. Mr.
Glick successfully built and managed a family-owned retail business prior to
joining Mr. Robert Warfield as a partner in the real estate Company of Moore,
Warfield and Glick. Additionally, since 1988, Mr. Glick has been a regional
owner of Help-U-Sell Real Estate in Virginia, Maryland, Washington D.C. and
Delaware. Mr. Glick served as President of the Greater Ocean City, Maryland,
Board of Realtors in 1988, is a member of the Advisory Board of Nations Bank and
serves on the Maryland Governor's Economic Development Committee.
Robert E. Warfield. Director. Mr. Warfield has a BS Degree in Economics from
Western Maryland College. He has an extensive background in real estate and
regional sales management with the Weyerhaeuser Corporation. Mr. Warfield first
became licensed in real estate in 1962, and in 1975 started Warfield Real
Estate. He has been in the real estate and development business in Ocean City,
Maryland since 1971. For the past 17 years Mr. Warfield has been President of
Moore, Warfield, and Glick, Inc., with real estate sales over $100 million and
rentals of $12 million. Additionally, since 1988, Mr. Warfield has been a
regional owner of Help-U-Sell Real Estate in Virginia, Maryland, Washington D.C.
and Delaware. Mr. Warfield currently serves on the Board of Directors of
Atlantic General Hospital and Ocean City Golf and Yacht Club. He has also
served as a director of Second National Service Corp., and Salisbury School.
Chuck Coonradt. Director. Mr. Coonradt is Chairman of the Board and CEO of The
Game of Work, a Utah-based corporation engaged in providing management and
personnel training for its corporate clients in the fields of goal-setting and
profit improvement. Clients of the firm include Quaker Oats, Wendy's, The
Chicago Tribune, First Interstate Bank, Dow Chemical and Pepsi-Cola.
Bert Alvey. Proposed Director, President of Chequemate Third Dimension, Inc.
Mr. Alvey graduated from the University of Utah with a BS degree in Journalism
and Mass Communications in Telecommunications (Radio and Television
Broadcasting). Sixteen years of experience in the audio/video field through
sales, marketing and management of A/V products to consumers. Professional
video sales to Television Broadcasters, State Government Agencies, Boards of
Education, School Districts, Universities, Hospitals and Healthcare Agencies,
Production Houses, Military and Federal Government Facilities in the
intermountain area.
Organizational skills and discipline gained through eight years of military
service as a Naval Aviator. Ranked one out of twenty-five graduates Naval
Flight Training, selected to "Commodores List" for superior performance in all
facets of primary flight training, and "Student of the week" upon completion of
primary flight training. Graduate of Naval Fighter Weapons School (Top Gun)
designated air combat adversary instructor. Responsible for personnel
placement and administratively coordinating over 110 men and women and 100
million dollars worth of aircraft and parts. Gained money management skills as
a securities assistant manager for First Security Bank. Mr. Alvey was the
former President of the ATG group through the research and development stage of
the Realeyes product.EXECUTIVE OFFICERS
Name Age Positions Held Current Term of
Office or Directorship
and period of Service
Ken Redding 34 Executive Vice Current Term August
President 1996- August 1997.
Service since November
1994
Greg L. Popp 28 Secretary / Current Term June 1996-
Treasurer and August 1997. Service
C.O.O. CMI since June 1996
John Garrett 55 VP, Financial Current Term June 1996-
Advisor to the June 1997. Service
President since May 1996
Kent Summers 36 President AC&T Current Term August 1996-
Direct August 1997. Service
since May 1995
Business Experience
Kenneth D. Redding. Executive Vice President. Mr. Redding is an alumnus of
California Sate University, Sacramento where he majored in Business
Administration and Marketing. From 1985 to 1992, Mr. Redding was involved in
the ownership and operation of several Help-U-Sell real estate franchise offices
throughout Northern California. Mr. Redding is the son-in-law of Blaine Harris.
Greg L. Popp. Secretary / Treasurer and Assistant Operations Officer. Mr. Popp
graduated from the University of Utah with a BS degree in finance. From 1990
until 1995, he was employed by the law firm of Callister, Duncan & Nebeker.
During this time he was involved in creating and maintaining a new compensation
package for senior and associate level attorneys, quarterly and annual reports
to the executive committee and board of directors, and assisting the firm
administrator in general administrative tasks. In January 1995, Mr. Popp joined
Automated Compliance & Training as the assistant controller. In August 1995,
Mr. Popp became the VP of Operations of the Company and in March 1996 he was
elected by the Board of Directors as the Secretary / Treasurer.
John Garrett. Vice President, Financial Advisor to the President. Mr. Garrett
received his BS degree in finance from Brigham Young University in 1967. He
also graduated from Pacific Coast Banking School, University of Washington in
1983. He has 15 years executive management experiences in banking and was a
founder and executive officer of First Beverly Bank, Beverly Hills California.
He has developed, owned and/or managed a variety of financial, manufacturing
and industrial businesses over the past 20 years.
Kent Summers. President of AC&T Direct. Mr. Summers has a BS degree in
Marketing Education and a Masters degree in Business Education from Utah State
University. From 1987 until 1992, he was employed by Morton Thiokol and the
Thiokol Corporation Space Operations in Brigham City, Utah. In this capacity,
he was engaged in management education, safety and human resources functions.
From 1992 until 1994 Mr. Summers was the manager of the quality management and
safety department of Beehive Clothing Mills in Salt Lake City, Utah. This
assignment involved responsibilities for OSHA Compliance. In 1994, he created a
start-up computer based training company known as ASKESIS Corporation. This
company developed computer based training as a multi-media database computer
product for inventory control.EXECUTIVE COMPENSATION
The table set forth on the following page contains information about the
remuneration received and accrued during fiscal years 1996 and 1997 from the
Company and its subsidiaries by the Chief Executive Officer and each of the
most highly compensated executive officers of the Company.
Name and Principal Fiscal Year Salary ($) Bonus ($) All Other Annual
Position Compensation
Blaine Harris, CEO 1997 $100,000 $1,015 $2,443
1996 $100,000 $355 $24,174*
Lavar Butler, President 1997 $60,000 $650 $2,166
1996 $59,583 $379 $2,400
Ken Redding, Executive 1997 $54,000 $585 $3,249
VP 1996 $54,000 $379 $1,662
John Garrett, VP 1997 $48,370 $390 $1,642
1996 $0.00 $0.00 $0.00
Kent Summers, Pres. 1997 $50,000 $541 $4,413
AC&T Direct 1996 $45,833 $271 $3,689
The following chart shows the stock options that were granted to any executive
officer of the Company during the last completed fiscal year.
Name and Principal Total Options Granted Total Options Vested
PositionBlaine Harris, CEO 70,000 35,000
Lavar Butler, President 70,000 35,000
Ken Redding, Executive VP 70,000 28,000
Greg L. Popp, Sec. / Tres. 70,000 14,000
John Garrett, Vice President 70,000 7,000
Kent Summers, President 40,000 8,000
Other Executive Officers 60,000 15,000(2)
* This amount includes payment of $17,174 in deferred compensation from previous
fiscal years. |
