| Business Summary | | VersaTech,
Inc.,
formerly
D.H.
Marketing
&
Consulting,
Inc.,
is
focused
on
the
products
of
its
wholly
owned
subsidiaries,
Universal
Network,
Inc.
and
LongerLiving.com,
Inc.
The
Company's
Network
Marketing
Division
is
the
main
focus
of
the
Universal
Network
subsidiary.
Universal
Network
is
engaged
in
the
sale
and
distribution
of
fine
art,
jewelry,
bank
notes
and
other
collectables.
In
1998,
the
Company
added
consumable
products
such
as
skin
care,
juice
and
an
all-natural
dietary
supplement.
The
intent
of
LongerLiving.com
is
to
become
a
provider
of
quality
content
covering
anti-aging
advances
and
health
on
the
Internet.
In
2001,
the
Company
plans
to
continue
to
market
its
flagship
product,
UniTropin
(human
growth
hormone)
Formula
Plus
on
its
own
Websites,
www.unitropin.com
and
www.tryuni.com.
Unitropin
is
a
proprietary
label
mix
of
herbs,
vitamins
and
adaptogens
that
the
Company
anticipates
will
increase
the
body's
own
production
of
human
growth
hormone,
which
declines
as
humans
age. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VITC's
focus
is
divided
between
the
Collectibles
Division
and
the
newly
formed,
wholly
owned
subsidiary
LongerLiving.com.
LongerLiving.com
is
an
Internet
community
providing
anti-aging
and
health
information
to
consumers.
For
the
six
months
ended
6/01,
revenues
rose
10%
to
$55
thousand.
Net
income
totalled
$5
thousand
vs.
a
loss
of
$90
thousand.
Revenues
reflect
the
change
of
the
business
plan.
Net
income
also
reflects
decreased
general
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Michael Daily, 51 Chairman,
Pres, CEO | $90K | Gary Stafford, 49 CFO,
Treasurer, Director | -- | Steve Krakonchuk, 39 VP,
Director | -- | Dollar amounts are as of 31-Dec-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
|
|