CYOE is buying Appollo Telecom too. Time for Comdisco and Cyoe to come clean again;
D&B Business Records Plus:
Business Information Report
Sunday, March 28, 1999
Information America Database: D&B BUSINESS RECORDS PLUS BUSINESS INFORMATION REPORT
(Copyright 1998 Dun & Bradstreet, Inc. All Rights Reserved)
DUNS: 92-617-2941 DATE PRINTED SUMMARY
APOLLO TELECOM INCORPORATED MAR 28 1999 RATING --
PO BOX 2040 LONG DISTANCE AND STARTED 1995
SALT LAKE CITY UT 84110 CELLULAR SALES F $2,414,870
370 E S TEMPLE STE 100 TELECOMMUNICATIONS WORTH $1,212,586
AND BRANCH(ES) OR DIVISION(S) SIC NO. EMPLOYS 28(22 HERE)
SALT LAKE CITY UT 84111 48 13 HISTORY INCOMPLETE
TEL: 801 530-1325 FINANCIAL
CONDITION STRONG
CHIEF EXECUTIVE: KAZUYUKI GOTO, PRES-SEC-TREAS
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SPECIAL EVENTS
02/11/99 ANNOUNCED CONTROL CHANGE: According to published reports, Coyote
Network Systems (Westlake Village, CA) announced it has signed a
definitive agreement to acquire Apollo Telecom, Inc (Salt Lake
City,UT) for 350,000 unreqistered shares of Coyote common stock. The
transaction is subject to various, customary closing conditions.
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* * * CUSTOMER SERVICE * * *
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Center at 1-800-234-3867 from anywhere within the U.S. If you are outside the
U.S., contact your local D&B office.
*** Additional Decision Support Available ***
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are available to help you evaluate this company or its industry. Call Dun &
Bradstreet's Solution Center at 1-800-362-3425 from anywhere within the U.S.
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* * * SUMMARY ANALYSIS * * *
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The Summary Analysis section reflects information in D&B's file as of
March 22, 1999.
RATING SUMMARY . . . .
The absence of a Rating (--) indicates that the information available to
D&B does not permit us to assign a Rating to this business. In this
case, no Rating was assigned because D&B does not have sufficient
historical information about this company to assign a Rating. However,
D&B's assessment of the company's March 31, 1998, fiscal financial
statement is "strong".
Below is an overview of the company's D&B Rating(s) since 08/10/95:
RATING DATE APPLIED
------ ------------
-- 08/10/95
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* * * PAYMENT SUMMARY * * *
===============================================================================
The Payment Summary section reflects payment information in D&B's file as of
the date of this report.
The PAYDEX for this company is 60.
This PAYDEX score indicates that payments to suppliers average 22 days beyond
terms, weighted by dollar amounts. When dollar amounts are not considered,
approximately 47% of the company's payments are within terms.
Below is an overview of the company's dollar-weighted payments, segmented by
its suppliers' primary industries:
TOTAL LARGEST % DAYS SLOW
TOTAL DOLLAR HIGH W/IN
RCV'D AMOUNTS CREDIT TERMS <31 31-60 61-90 91+
----- -------------- ---------- ---- --- ----- ----- ---
# $ $ % % % % %
Total in D&B's file 22 250,650 100,000
Payment By Industry:
1 Telephone communictns 8 226,000 100,000 36 50 14 - -
2 Nonclassified 6 2,550 1,000 46 - 31 17 6
3 Whol appliances 2 20,500 20,000 49 51 - - -
4 Whol electronic parts 1 1,000 1,000 - - - 100 -
5 Whol office supplies 1 250 250 - 100 - - -
6 General warehousing 1 100 100 - 50 50 - -
7 Radiotelephone commun 1 100 100 100 - - - -
8 Misc publishing 1 100 100 100 - - - -
9 Air courier service 1 50 50 100 - - - -
Other Payment Categories:
Cash experiences 0 0 0
Payment record unknown 0 0 0
Unfavorable comments 0 0 0
Placed for collection
with D&B 0 0
other 0 N/A
The highest "Now Owes" on file is $100,000
The highest "Past Due" on file is $35,000
The aggregate dollar amount of the 22 payment experiences in D&B's file equals
124.6% of this company's average monthly sales. In Dun & Bradstreet's opinion,
payment experiences exceeding 10% of a company's average monthly sales can be
considered representative of payment performance.
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PAYMENTS (Amounts may be rounded to nearest figure in prescribed ranges)
Antic - Anticipated (Payments received prior to date of invoice)
Disc - Discounted (Payments received within trade discount period)
Ppt - Prompt (Payments received within terms granted)
REPORTED PAYING HIGH NOW PAST SELLING LAST SALE
RECORD CREDIT OWES DUE TERMS WITHIN
03/99 Ppt 50 -0- -0- 6-12 Mos
02/99 Ppt 100 50 -0-
Ppt 100 100 -0- N30 1 Mo
Ppt-Slow 60 1000 1000 750 1 Mo
Ppt-Slow 90 750 -0- -0- 6-12 Mos
Ppt-Slow 90 100 50 50 2-3 Mos
Slow 30-60 5000 5000 1000 1 Mo
Slow 120+ 100 100 100 1 Mo
Slow 60-120+ 100 50 50 1 Mo
01/99 Ppt -0- -0- 1 Mo
Ppt-Slow 60 500 -0- -0- 6-12 Mos
12/98 Slow 30 250 250 250 1 Mo
11/98 Slow 30-60 100 100 100
08/98 Slow 90 1000 1000 1000
07/98 Ppt 1000 1000 -0- 1 Mo
Ppt-Slow 30 100000 100000 35000 1 Mo
Ppt-Slow 30 35000 35000 10000 1 Mo
Ppt-Slow 30 15000 15000 2500 1 Mo
Ppt-Slow 30 10000 10000 1000 1 Mo
Slow 30-60 60000 60000 20000 1 Mo
06/98 Ppt-Slow 30 20000 5000 -0- N30 1 Mo
04/98 Slow 15 500 -0- -0- N30 1 Mo
* Payment experiences reflect how bills are met in relation to the
terms granted. In some instances payment beyond terms can be the
result of disputes over merchandise, skipped invoices etc.
* Each experience shown represents a separate account reported by a
supplier. Updated trade experiences replace those previously
reported.
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FINANCE
11/16/98 Interim Fiscal Fiscal
Jul 31 1995 Mar 31 1997 Mar 31 1998
Curr Assets 978,367 1,212,575 725,515
Curr Liabs 1,934 963,198 505,117
Current Ratio 505 1.25 1.43
Working Capital 976,433 249,377 220,398
Other Assets 42,143 277,602 992,188
Worth 1,018,576 526,974 1,212,586
Sales 1,281,184 2,414,870
Long Term Liab 0
Net Profit (Loss) (866,428) (1,549,012)
Fiscal statement dated MAR 31 1998:
Cash $ 113,765 Accts Pay $ 213,955
Accts Rec 611,750 Accruals 266,162
L.T. Liab-(1yr) 25,000
--------------- ---------------
Curr Assets 725,515 Curr Liabs 505,117
Fixt & Equip 261,390
Investments 650,000
Deposits 58,476
Other Assets 22,322 EQUITY 1,212,586
--------------- ---------------
Total Assets 1,717,703 Total 1,717,703
From APR 01 1997 to MAR 31 1998 sales $2,414,870; cost of goods
sold $2,132,559. Gross profit $282,311; operating expenses
$1,841,478. Operating income $(1,559,167); other income
$27,569; other expenses $17,414. (net loss) $1,549,012.
Statement received by mail SEP 15 1998. Submitted by Kim Barner,
administrative assistant. Extent of audit, if any, not indicated.
--0--
Accounts receivable shown net less $21,539 allowance.
Investments are securities valued at cost value.
On NOV 16 1998 Kim Barker, admin. asst., referred to the above
figures.
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PUBLIC FILINGS
The following data is for information purposes only and is not the
official record. Certified copies can only be obtained from the
official source.
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* * * UCC FILING(S) * * *
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COLLATERAL: Negotiable instruments including proceeds and products - Account(s)
including proceeds and products - General intangibles(s) including
proceeds and products
FILING NO: 592883 DATE FILED: 01/28/1998
TYPE: Original LATEST INFO RECEIVED: 03/05/1998
SEC. PARTY: BANK OF UTAH, SALT LAKE CITY, UT FILED WITH: DEPARTMENT OF
DEBTOR: APOLLO TELECOM NETWORK, INC. COMMERCE/UCC DIVISION
UT
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COLLATERAL: Negotiable instruments including proceeds and products - Account(s)
including proceeds and products - General intangibles(s) including
proceeds and products
FILING NO: 97567211 DATE FILED: 06/03/1997
TYPE: Original LATEST INFO RECEIVED: 08/27/1997
SEC. PARTY: BANK OF UTAH, SALT LAKE CITY, UT FILED WITH: DEPARTMENT OF
DEBTOR: APOLLO TELECOM NETWORK, INC. COMMERCE/UCC DIVISION
UT
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COLLATERAL: Inventory including proceeds and products - Communications
equipment including proceeds and products - Business
machinery/equipment including proceeds and products - Fixtures
including proceeds and products - Equipment including proceeds and
products
FILING NO: 96510381 DATE FILED: 02/29/1996
TYPE: Original LATEST INFO RECEIVED: 06/28/1996
SEC. PARTY: ARIZONA WHOLESALE SUPPLY CO., FILED WITH: DEPARTMENT OF
PHOENIX, AZ COMMERCE/UCC DIVISION
DEBTOR: APOLLO TELECOM UT
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COLLATERAL: Inventory and proceeds - Communications equipment and proceeds
FILING NO: 596104 DATE FILED: 02/26/1998
TYPE: Original LATEST INFO RECEIVED: 04/23/1998
SEC. PARTY: ARIZONA WHOLESALE SUPPLY CO., FILED WITH: DEPARTMENT OF
PHOENIX, AZ COMMERCE/UCC DIVISION
DEBTOR: APOLLO TELECOM UT
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COLLATERAL: Leased Computer equipment
FILING NO: 990110123 DATE FILED: 01/11/1999
TYPE: Original LATEST INFO RECEIVED: 02/09/1999
SEC. PARTY: COMDISCO, INC, ROSEMONT, IL FILED WITH: SECRETARY OF
DEBTOR: APOLLO TELECOM NETWORK, INC STATE/UCC DIVISION,
WA
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The public record items contained in this report may have been
paid, terminated, vacated or released prior to the date this
report was printed.
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HISTORY
02/11/99
KAZUYUKI GOTO, PRESIDENT- HIDEO GOTO, CHAIRMAN OF THE BOARD
SECRETARY-TREASURER
TERUO URABE, VICE PRESIDENT-
BUSINESS CONTROL
DIRECTOR(S): THE OFFICER(S)
----------------------------------------------------------------------
BUSINESS TYPE: Corporation - DATE INCORPORATED: 07/07/1995
Profit STATE OF INCORP: Utah
AUTH SHARES-COMMON: 50,000,000
PAR VALUE-COMMON: No Par Value
----------------------------------------------------------------------
Business started Jul 1995 by officers. Starting capital
$1,000,000 derived from $300,000 savings and $700,000 loan a
promissory note.
100% of the capital stock is owned by 5 individuals and Apollo
KK, Tokyo, Japan. Exact breakdown is undetermined.
KAZUYUKI GOTO. Antecedents are undetermined.
HIDEO GOTO. Antecedents are undetermined.
TERUO URABE born 1947, not active here. He is a film coordinator
by profession.
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OPERATION
02/11/99 Long distance (90%) and cellular telecommunication (5%). Also
provides Internet access and paging services (5%).
Terms are net 15 days. Sells to general public and businesses.
Territory : Statewide.
Nonseasonal.
EMPLOYEES: 28 which includes officer(s). 22 employed here.
FACILITIES: Leases 3,933 sq. ft. on first floor of five story
brick building.
LOCATION: Suburban business section on well traveled street.
BRANCHES: Branch office is located at 3800 N Central Ave, Ste
750, Phoenix, AZ 85012.
03-28(10N /102) 99999 098114114 H
FULL DISPLAY COMPLETE
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