| Business Summary | | Aquasearch,
Inc.,
founded
in
February
1988,
is
a
development
stage
company
that
develops
and
commercializes
natural
products
from
microalgae
using
its
proprietary,
large-scale
photobioreactor
technology,
known
as
the
Aquasearch
Growth
Module
(AGM).
Microalgae
are
a
diverse
group
of
over
30,000
species
of
microscopic
plants
that
have
a
wide
range
of
physiological
and
biochemical
characteristics.
Microalgae
produce
many
different
substances
and
bioactive
compounds
that
may
have
potential
applications
in
a
variety
of
commercial
areas,
including
human
nutrition,
pharmaceuticals,
and
high
value
commodities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Aquasearch,
Inc.
is
a
development
stage
company
that
develops
and
commercializes
natural
products
from
microalgae
using
its
proprietary,
large-scale
photobioreactor
known
as
the
Aquasearch
Growth
Module.
For
the
six
months
ended
4/30/01,
revenues
rose
from
$0
to
$469
thousand.
Net
loss
fell
5%
to
$2.1
million.
Revenues
reflect
the
Company
began
sales
of
The
AstaFactor&trade.
Lower
loss
benefitted
from
decreased
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Mark Huntley, Ph.D., 50 Pres,
CEO and Chairman | $115K | Earl Fusato, 53 CFO,
Sec. | 110K | David Watumull, 50 Exec.
Vice-Pres, Strategic Devel. and Corp. Fin. | 105K | Martin Guerin, 39 Vice-Pres,
Sales and Marketing | -- | Michael Cushman, Ph.D., 52 VP-R&D | -- | Dollar
amounts are as of 31-Oct-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
|
|