| Business Summary | | PopMail.com,
Inc.
consists
of
two
divisions,
the
restaurant
division
(which
has
been
presented
as
discontinued
operations)
and
the
Internet
division.
The
restaurant
division
develops,
owns
and
operates
restaurants
with
multiple-themed
dining
rooms
designed
to
appeal
to
the
upscale
casual
dining
market.
PopMail
has
Cafe
Odyssey
restaurants
at
the
Mall
of
America
in
Bloomington,
Minnesota,
which
opened
in
June
1998,
and
in
the
Denver
Pavilions,
which
opened
in
March
1999.
In
March
2001,
the
Company
executed
a
definitive
purchase
agreement
to
sell
the
net
assets
of
the
restaurant
division,
with
closing
expected
to
occur
on
or
about
April
30,
2001.
With
the
sale
of
the
restaurant
division,
along
with
the
sale
of
two
of
its
three
Internet
companies,
the
Company
will
focus
its
financial
and
other
resources
on
operating
and
growing
PopMail
Network,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PopMail.com
is
an
online
fan
club
marketing
company
that
provides
fan
clubs
and
fan
club
services
for
recording
artists,
sports
teams,
and
clients
in
the
broadcast
and
entertainment
industry.
For
the
fiscal
year
ended
12/31/00,
net
sales
totaled
$3
million,
up
from
$107
thousand.
Net
loss
from
continuing
operations
applicable
to
Common
totalled
$116
million,
up
from
$22.3
million.
Results
reflect
a
full
12
months
of
EnewsNotifer
revenues,
offset
by
an
asset-impairment
charge
and
loss
on
asset
sales. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Stephen Spohn, 30 | CFO | Mark Dacko | Sec.,
Treasurer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|