BNET Industries

Last Fiscal Year Sales:$2.7M
  • Public
  • CA
Dow Jones Description

Founded in 1975, Magic Lantern is a Canadian distributor of educational and learning content in video and other electronic formats (collectively, the Education and Distribution segment). Magic Lantern has primarily exclusive distribution rights to over 300 film producers representing over 13,000 titles, and its customers include over 9,000 out of 12,000 English speaking schools in Canada. Its library includes content from numerous producers, including Disney Educational, Annenberg / CPB and CTV Television. Tutorbuddy Inc., a 100% owned subsidiary of Magic Lantern, is an Internet-enabled provider of content and related educational services on demand to students, teachers and parents. Sonoptic Technologies Inc., a 75% owned subsidiary of Magic Lantern, provides digital video encoding services and has developed a proprietary VideoBaseTM in dexing software that allows users to aggregate, bookmark, re-sort and add their own comment boxes to existing content. Magic Lantern Group is headquartered in Oakville, Ontario near Toronto, Canada with additional offices in Saint John, New Brunswick and Vancouver, British Columbia, New York City and Greater Boston.

President and Chief Technology OfficerGeorge Wright
Contact Information

1075 N Service Rd W Ste 27

Oakville, Ontario

www.magiclanter...

(905) 827-2755

NAICS Code Clothing Accessories Stores: 448150

News & Analysis

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magic lantern group inc. - All News and Analysis

  • Magic Lantern Group Announces Two Board Members Resign

    - 2005-06-02

    NEW YORK -- Magic Lantern Group, Inc. (AMEX: GML) ("MLG"), a leading international distributor of educational content and third-generation, digital content and e-delivery solutions, announced today that Donald Hyde and Michael Mackenzie have resigned from the Company's Board of Directions, effective May 26 and May 27, 2005, respectively, to pursue...

  • Magic Lantern Group Quarterly Report Delayed; Company Moves Forward With Strategic Restructuring Plan

    - 2005-05-18

    Magic Lantern Group, Inc. (AMEX: GML) ("MLG"),a leading international distributor of educational content andthird-generation, digital content and e-delivery solutions, announced thatthe Company did not file its Quarterly Report on Form 10-Q with the U.S.Securities and Exchange Commission on a timely basis on Monday, May 16,2005. The report could not...

  • Magic Lantern Group Receives Notice of Failure to Satisfy AMEX Continued Listing Standards

    - 2005-05-05

    Magic Lantern Group, Inc. (AMEX: GML) ("MLG"),a leading international distributor of educational content andthird-generation, digital content and e-delivery solutions, announced todaythat on April 29, 2005, MLG received notice from The American StockExchange ("AMEX") indicating that MLG has failed to satisfy certaincontinued listing standards. Specifically, MLG is not in compliance...

  • Magic Lantern Group Reports Delay in Filing Annual Report on Form 10-K for the Year Ended December 31, 2004

    - 2005-04-18

    Magic Lantern Group, Inc. (AMEX: GML), aleading international distributor of educational content andthird-generation, digital content and e-delivery solutions, announced todaythat it will be late in filing its 2004 Annual Report on Form 10-K with theSEC, which was due Friday, April 15, 2005. The Company currently expectsto file the 2004...

  • Magic Lantern Group Clarifies Late Filing of Form 10-K

    - 2005-04-18

    Magic Lantern Group, Inc. (AMEX: GML) ("MLG"),a leading international distributor of educational content andthird-generation, digital content and e-delivery solutions, announced thatsubsequent to today's release regarding its late filing of Form 10-K, theCompany issues the following clarification: The Company's independent auditors, Schwartz Levitsky Feldman LLP, wereonly retained on March 1, 2005....

  • Magic Lantern Group's Chairman of the Board Resigns

    - 2005-04-13

    Magic Lantern Group, Inc. (AMEX: GML) ("MLG"),a leading international distributor of educational content andthird-generation, digital content and e-delivery solutions, announced todaythat effective April 7, 2005, Howard Balloch resigned as the Company'sChairman of the Board, citing personal reasons. Stephen Encarnacao, one ofMLG's independent directors, was elected Interim Chairman of the Boarduntil...

  • Magic Lantern Group's Chief Technology Officer Voluntarily Resigns to Pursue Other Interests; Offers a Continuing Role as Consultant

    - 2005-04-06

    Magic Lantern Group, Inc. (AMEX: GML) ("MLG"),a leading international distributor of educational content andthird-generation, digital content and e-delivery solutions, announced todaythat the Company has accepted the voluntary resignation of its ChiefTechnology Officer and Executive Vice President George Wright effectiveMarch 31, 2005. Mr. Wright left MLG to pursue independent interestsassociated with...

  • Magic Lantern Group to Be a Key Content Provider for Sympatico.MSN.ca, Canada's Most Popular Online Destination with 15 Million Unique Visitors

    - 2005-04-01

    NEW YORK -- Magic Lantern Group, Inc. (AMEX: GML), a leading international distributor of educational content and third-generation, digital content and e-delivery solutions, announced today that it is working with Bell Canada and MSNR Canada to provide exclusive content on Sympatico/MSN Video, a new free video channel launched on March...

  • Wall Street News Alert: Magic Lantern on the Move; Teams With Sympatico/MSN Video!

    - 2005-04-01

    Wall Street News Alert's "stocks to watch" thismorning are: Magic Lantern Group, Inc. (AMEX: GML), Biogen Idec Inc(NASDAQ: BIIB), Siebel Systems Inc (NASDAQ: SEBL) and Motorola (NYSE: MOT). Aggressive investors and day traders may be watching for Magic LanternGroup, Inc. (AMEX: GML) for activity this morning! Yesterday after themarkets closed,...

  • Stocks on the Move! April 1, 2005

    - 2005-04-01

    Wall Street News Alert's "stocks to watch" thismorning are: Magic Lantern Group, Inc. (AMEX: GML), Elan Corporation, plc(NYSE: ELN), Microsoft Corp. (NASDAQ: MSFT) and eBay (NASDAQ: EBAY). Aggressive investors and day traders may be watching for Magic LanternGroup, Inc. (AMEX: GML) for activity this morning! Yesterday after themarkets closed, the...

Decision Makers

Name (plus bio) Position
George Wright President and Chief Technology Officer
Marie Wilson President and Chief Technology Officer
Paul Yeoman CIO & Vice President
Ronald Carlucci CFO & Treasurer
Jeff Lorenz Executive Vice President, Sales, Marketing
Dom Vetro Senior Vice President
Leo Normandeau Senior Vice President, Educational Relations & Business Development
Pauline Weber Senior Vice President, Education
Kim Silk Vice President, New Product Development
Mike Tieman Vice President, Sales
Lorraine Villa Manager, Operations

Board of Directors

Name (plus bio) Position
Stephen Encarnaceo Interim Chairman
H. Donald Hyde Board of Directors
Michael R. Mackenzie Board of Directors
Richard Geist Board of Directors
Richard Siskind Member of the Board of Directors
Stephen Encarnacao Board of Directors
Steve Fay Board of Directors
Tammy Wentzel Board of Directors

George Wright currently pursues life as an independent businessman providing consulting services to education, business and government. Previous to his return to private business in late spring of 2005, George held the post of Executive Vice-President and Chief Technology Officer for Magic Lantern Group, Inc., a public company operating in Canada and internationally to distribute learning video to institutional education and public broadcasting. Since 1992 George has been a pioneer in the uses of digital video in learning environments and in the development of eDistribution technologies. He led the development of Magic Lantern's conversion of its library resources to digital formats and its creation of online products for educational use on the Web and school networks. In 1995 he founded Sonoptic Technologies Inc., Magic Lantern's subsidiary located in the Canadian province of New Brunswick. Innovations developed there for online digital resources software and provisioning services for learning video on the Web now in use in AIT and United Streaming services have led the way in North American educational use of streaming video. Across a wide-ranging career focused on the production and execution of projects in public education and public affairs, George has more than 30 years' experience in planning and directing communications projects and managing practical outcomes. He has developed, produced and managed social affairs programming, public and government relations campaigns and national advertising programs as an executive for two national and international industrial associations in Canada. As an educator first a high school teacher and later a college administrator in the 1970s he became a key member of the provincial team introducing screen and media education to schools across the Canadian province of Ontario. As an independent documentary producer in the 1980s he produced more than forty series and programs for use in Ontario schools and educational broadcasting. Beginning as a teacher with undergraduate and graduate degrees from the University of Western Ontario and teacher certification from the University of Toronto, George has been a high school teacher and then an instructor, administrator and CIO in two Ontario colleges, Sheridan and DeVry; Education Officer in provincial education (Ontario); a senior Public Affairs executive with the national associations for the distilling and life insurance industries in Canada; an independent television producer; and Chief Technology Officer in high-tech business environments for Magic Lantern and its subsidiary, Sonoptic Technologies Inc. Drawing on this wide range of experience and able to deal creatively and practically with a diversity of organizational challenges to manage time-sensitive and performance-driven projects and outcomes, George brings a team approach to the projects he undertakes. He is ready to offer leadership, management skills, coordination services or straightforward on-the-ground support as needed. He has had a career of successfully providing the solution appropriate to the challenge in public affairs and event management, public education, business planning, media production, Web application development and ICT management.

Organization Position Status
Magic Lantern Group, Inc. President and Chief Technology Officer Current
Benmorroch Current
The University of Western Ontario Chief Technology Officer Former
The University of Western Ontario Instructor Former
The University of Western Ontario Degrees Former
Sheridan College Instructor Former

Dr. Marie Wilson is Associate Director and Chief Program Officer of the Georgia Council on Economic Education, based in Atlanta, Georgia. Her primary responsibilities include grant writing, program development, administration, and teacher education for this statewide business and education partnership with its network of 12 university-based Centers. George Wright currently pursues life as an independent businessman providing consulting services to education, business, and government. Previous to his return to private business in late spring of 2005, George held the post of Executive Vice-President and Chief Technology Officer for Magic Lantern Group, Inc., a public company operating in Canada and internationally to distribute learning video to institutional education and public broadcasting.

Organization Position Status
Magic Lantern Group, Inc. President and Chief Technology Officer Current
Organization Position Status
Magic Lantern Group, Inc. CIO & Vice President Current
Organization Position Status
Magic Lantern Group, Inc. CFO & Treasurer Current
Magic Lantern Group, Inc. CFO & Treasurer Current
Organization Position Status
Magic Lantern Group, Inc. Executive Vice President, Sales, Marketing Current
Organization Position Status
Magic Lantern Group, Inc. Senior Vice President Current
Organization Position Status
Magic Lantern Group, Inc. Senior Vice President, Educational Relations & Business Development Current
Organization Position Status
Magic Lantern Group, Inc. Senior Vice President, Education Current
Organization Position Status
Magic Lantern Group, Inc. Vice President, New Product Development Current
Organization Position Status
Magic Lantern Group, Inc. Vice President, Sales Current
Organization Position Status
Magic Lantern Group, Inc. Manager, Operations Current
Organization Position Status
Magic Lantern Group, Inc. Interim Chairman Current
Organization Position Status
Magic Lantern Group, Inc. Board of Directors Current
Organization Position Status
Magic Lantern Group, Inc. Board of Directors Current
Organization Position Status
Magic Lantern Group, Inc. Board of Directors Current
Organization Position Status
R. Siskind & Co. Inc. President Current
Gml Member Current
SKECHERS USA, Inc. Board of Directors Current
Magic Lantern Group, Inc. Member of the Board of Directors Current
Skechers USA - Privacy Policy - Notice to Parents Director Current
R. Siskind & Co. Inc. Founder Former
Organization Position Status
Magic Lantern Group, Inc. Board of Directors Current
Organization Position Status
Magic Lantern Group, Inc. Board of Directors Current
Organization Position Status
Magic Lantern Group, Inc. Board of Directors Current
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GMLI $0.00010 -0.00000 (-0% )
Volume 0
Shares Outstanding 74.7M
Market Cap 0.
Year High 0.0010
Year Low 0.00010
Earnings Per Share -0.070
P/E Ratio N/A
Dividend 0.00
Yield 0.00
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Company Employer Rating
Target 3.2
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