Rapidtron RPDT · USD

Its shares trade under the ticker RPDT. It has been listed since 5 April 2001. In the fiscal year to 31 December 2004, it reported revenue of $2.0m and a net loss of $3.3m. At that date it held total assets of $942,692 and shareholders' equity of −$1.7m.

Rapidtron, Inc. engages in the provision of radio frequency smart card access control and membership systems. The company is headquartered in Las Vegas, Nevada. The company went IPO on 2001-04-05. The firm contracts additional marketing research from Equus Marketing, a related party. The company sells turnstiles with door, counter and hand-held readers manufactured by Axess AG to the fitness, university, and winter resorts industries in North America utilizing two technologies, radio frequency (RF) smart chip (smart cards, key cards and identification, ID, bracelets) and bar code tickets. The RF smart cards are contactless with multilevel read/write capabilities for debit/credit, affinity/loyalty programs, access, parking and doors. The bar code tickets are an inexpensive, read only medium for access operations.

Figures and description from our data supplier, not checked against the company's own report.

• John CreelChairman of the Board, President, Chief Executive Officer, since 2003$120,000
• Peter DermutzExecutive Vice President, Acting Secretary, Treasurer$150,000
• Chris PerkinsVice President of Resort Sales
• Steve MeinekeDirector$190,000

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