Detail akcie Megatech Corp, Ordinary, OTC Markets Group Inc - No Information online

Business Summary: Megatech Corporation is a provider of transportation training systems. The Company is engaged in developing oil less, multi-fueled engines, electric dynamometers, and training programs for various areas of Automotive Service Excellence (ASE) certifications, including hybrid vehicles, diesel and alternate fuel programs. It offers training programs primarily in three sectors, which include automotive, truck/diesel and alternative energy. In the automotive sector, it offers training solutions for engine performance, electrical/electronic systems, E-Learning, brakes, suspension and steering, heating and air conditioner (AC), manual drivetrain and axle, automatic transmission and transaxle, engine repair, hybrid technology and fuel cells. In the truck/diesel sector, it offers solutions for light/mid duty diesel, heavy diesel, truck/heavy diesel, truck brakes and mobile hydraulics. The Company delivers products to around 30 countries.
Financial Summary: BRIEF: For the six months ended 30 June 2004, Megatech Corporation revenues decreased 73% to $619K. Net loss totaled $161K vs. income of $185K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Interest Income decrease from $2K (income) to $0K, Gain/Other increase from $0K to $1K (expense).