| Business Summary | | etravelserve.com,
Inc.
is
a
start-up
company
providing
online
travel
services
for
leisure
and
recreational
enthusiasts
and
technology-driven
marketing
and
advertising
solutions
to
advertisers,
advertising
agencies,
Web
publishers
and
e-commerce
merchants
worldwide.
Its
original
business
model
of
operating
as
a
purely
Internet-based
travel
services
company
has
been
modified
to
include
planned
acquisitions
of
existing
bricks
and
mortar
travel
agencies
to
augment
its
new
media
model.
The
Company
launched
its
Website,
etravelserve.com
as
a
multimedia,
interactive
advertising
site
and
full-service
travel
shopping
mall.
Revenues
will
be
derived
from
commissions,
fees
and
direct
merchant
sales
related
to
transactions
on
the
Website
and
from
sales
of
advertisements
on
the
Website,
licensing
fees
for
certain
value-added
content,
and
through
the
provision
of
systems
and
database
design
and
implementation
services
to
third
parties. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | etravelserve.com,
Inc.
entered
development
stage
after
it
reorganized
in
January
1998
and
changed
its
focus
to
acquiring
yacht
manafacuring
and
marine
technology
companies.
For
the
six
months
ended
12/31/00,
revenue
totaled
$215
thousand,
up
from
$0.
Net
loss
from
continuing
operations
totaled
$2.9
million,
up
from
$0.
Results
reflect
revenues
generated
by
Preferred
Travel
and
Tours,
offset
by
increased
consulting
fees. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Paul Johnson, 29 | Chairman,
Pres, CEO | Richard Kreiger, 38 | COO | Walter Hughs | CIO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|