Innovacom(OTC) MPEG

Innovacom Inc. is a technology company specializing in communication equipment, particularly in digital video and audio compression. The company operates as a public shell entity and has a history of providing innovative solutions for the professional video industry.

Products and Services

• TransPEG system for digital audio and video transmission
• DVDImpact pre-mastering system utilizing MPEG-2 technology
• Focus on applications in video broadcasting and teleconferencing

Growth Outlook

• Recent revenue of $465,000 indicates potential for recovery
• Gross profit margin improved to 62.58% in Q3 2000
• Strategic focus on expanding digital communication solutions

Financial Highlights

• Net income of -$1,394,000 in Q3 2000, showing operational challenges
• Current ratio at 0.038, indicating liquidity concerns
• Cash and cash equivalents increased to $457,000 in Q3 2000

Innovacom Inc. has a notable history in the communication equipment sector, particularly with its innovative products designed for the professional video industry. The TransPEG and DVDImpact systems have positioned the company to cater to a growing demand for digital content transmission and pre-mastering solutions. Despite facing operational challenges, the recent revenue figures suggest a potential for recovery and growth. The improvement in gross profit margin reflects a positive trend in operational efficiency. However, liquidity remains a concern, as indicated by the current ratio. The increase in cash reserves may provide a buffer for future operations and strategic initiatives. Overall, Innovacom Inc. presents an intriguing opportunity for investors interested in the evolving landscape of digital communication technologies.