| Business Summary | | Blini
Hut,
Inc.
is
engaged
in
the
marketing
and
distribution
of
various
specialty
Eastern
European
fast
food
restaurants.
The
Blini
Hut
concept
is
designed
to
appeal
to
a
broad
spectrum
of
fast
food
customers
who
are
seeking
a
consistent
and
high
quality
dining
experience
served
in
an
efficient,
distinctive
atmosphere
for
a
moderate
price.
The
Company
seeks
to
provide
this
experience
by
serving
a
limited
selection
of
tasty
and
interesting
dishes
that
are
prepared
largely
on
site
and
through
the
use
of
the
Company's
commissary
kitchen,
from
fresh
ingredients. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Blini
Hut,
Inc.
intends
to
engage
in
the
marketing
and
distribution
of
specialty
Eastern/European
fast
food
restaurants
but
currently
has
no
operations.
The
Company
acquired
Troika
Foods,
Inc.,
but
is
still
waiting
for
approval
from
the
SEC.
For
the
six
months
ended
6/30/00,
revenues
rose
50%
to
$413
thousand.
Net
loss
totalled
$237
thousand,
up
from
$56
thousand.
Results
reflect
higher
revenues
from
merger
with
Troika,
offset
by
higher
costs
of
sales
and
SG&A. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Simon Kublanov, 59 | Pres,
Director | Leonid Kuvykin, 49 | VP,
Sec., Treasurer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|