| Business Summary | | Caring
Products
International,
Inc.
is
seeking
other
business
opportunities.
The
Company
designed
a
line
of
adult
incontinence
products
that
it
anticipated
would
offer
to
those
who
suffer
from
light
and
moderate
incontinence
a
more
dignified
and
less
costly
alternative
to
their
traditional
options,
such
as
adult
disposable
diapers,
belted
undergarments
or
guards.
The
Company
officially
discontinued
production
of
its
incontinence
products
in
1999,
and
discontinued
its
adult
incontinence
business
operations
in
2000.
Due
to
a
lack
of
funding
necessary
to
support
full
retail
distribution
in
chain
stores
and
hospitals,
the
Company
announced,
in
January
1999,
that
it
would
evaluate
all
of
its
strategic
options,
including
sale
of
the
Company,
merging
its
assets
with
another
company,
or
seeking
new
investment
from
financial
investors.
The
Company
closed
its
marketing
offices
in
1999,
and
began
to
liquidate
its
remaining
inventory. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Caring
Products
International,
Inc.
has
discontinued
all
of
its
previous
operations
and
is
now
solely
engaged
in
seeking
other
business
opportunities.
For
the
three
months
ended
6/30/01,
the
Company
recorded
no
revenues.
Net
loss
before
discontinued
operations
totaled
$58
thousand,
vs.
none.
Results
reflect
the
discontinuance
of
all
operations
related
to
production,
marketing
and
sale
of
various
adult
incontinence
products. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Susan Schreter, 38 Pres,
Acting CEO, Chairman | $175K | Paul Stanton, 62 Vice
Chairman | -- | Dollar amounts are as of 31-Mar-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
|
|