| | Business Summary | | Marex,
Inc.,
formerly
known
as
Marex.com,
Inc.,
is
a
provider
of
business-to-business
e-commerce
solutions
for
the
marine
industry.
The
Company's
products
provide
marine
businesses
with
e-commerce
solutions,
which
will
enable
them
to
buy
or
sell
parts,
supplies,
components
and
equipment
through
Web-based
transaction
systems.
The
Company's
main
products
are
MarExpress!
and
MarexPO!.
MarExpress!
provides
boat
builders
and
other
marine
industry
buyers
with
an
e-procurement
solution
that
enables
them
to
buy
new
parts,
supplies,
components,
and
equipment
through
a
Web-based
transaction
system..
MarexPO!
is
an
e-commerce
solution
for
marine
industry
suppliers
and
distributors
that
provides
worldwide
exposure
and
enables
them
to
sell
new
parts,
supplies,
components
and
equipment
to
marine
businesses
through
a
Web-based
transaction
system. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Marex,
Inc.
provides
business
to
business
e-commerce
solutions
for
the
marine
industry.
The
Company
developed
a
set
of
procurement
solutions
for
the
automation
of
business
transactions
on
the
Internet.
For
the
six
months
ended
6/30/01,
revenues
totalled
$153
thousand,
up
from
$5
thousand.
Net
loss
decreased
71%
to
$8.8
million.
Revenues
reflect
increased
usage
of
MarExpress!
and
MarexPO.
Lower
loss
reflects
a
decrease
in
warrants
expense. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David Schwedel, 35
Chairman,
Pres, CEO | $1000K | Kenbian Ng, 33
CFO,
Sec., Treasurer | 174K | | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/m/mrxx.gif)