| Business Summary | | Futurebiotics,
Inc.
is
engaged
in
the
distribution,
marketing
and
sale
of
vitamins,
minerals,
herbal
formulations
and
specialty
nutritional
supplements,
which
it
markets
principally
to
health
food
stores
through
regional
distributors.
The
Company's
primary
product
line
consists
of
more
than
150
items,
including
multi-vitamin/mineral
formulas,
green
superfood
powders,
herbal/mineral
tonics
and
herbal
complexes,
and
specific
specialty
supplements.
All
of
the
Company's
products
are
supplied
by
its
parent
company,
PDK
Labs
Inc.
At
November
30,
1999,
PDK
Labs
owned
78%
of
the
Company's
outstanding
stock. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Futurebiotics,
Inc.
is
engaged
in
the
distribution,
marketing
and
sale
of
vitamins,
minerals,
herbal
formulations
and
specialty
nutritional
supplements.
For
the
nine
months
ended
8/31/00,
net
sales
decreased
12%
to
$4.8
million.
Net
loss
decreased
84%
to
$107
thousand.
Revenues
reflect
unfavorable
market
conditions
and
discontinued
items.
Lower
loss
reflects
the
consolidation
of
sales
territories
resulting
in
lower
sales
force
salaries
and
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Reginald Spinello, 47 Pres,
Director and CEO | $330K | Karine Hollander, 33 CFO,
Director | 38K | Dollar amounts are as of 30-Nov-1999 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
|
|