| Business Summary | | Wade
Cook
Financial
Corporation
(WCFC),
through
its
most
significant
subsidiary,
Stock
Market
Institute
of
Learning,
Inc.
(SMIL),
conducts
educational
seminars,
produces
and
sells
video,
CDs,
and
audio
tapes
and
distributes
books
and
other
written
materials
focusing
on
financial
and
personal
wealth
creation
strategies.
In
addition,
the
Company
has
several
publishing
subsidiaries
that
publish
books
and
other
written
materials
relating
to
personal
finance,
inspirational
themes
and
other
topics.
The
Company
also
provides
subscription
based
Internet
access
and
paging
services
and
maintains
an
information
bulletin
board
on
the
Internet.
The
Company's
investments
include
ownership
of
minority
interests
in
hotels,
marketable
and
non-marketable
securities,
real
estate,
oil
and
gas,
and
other
venture
capital
partnerships
and
private
companies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | WADE
is
a
holding
company
which
operates
subsidiaries
involved
in
such
activities
as
financial
education
seminars,
publishing,
retail,
commercial
real
estate
and
other
various
conventions.
For
the
three
months
ended
3/31/01,
net
revenues
fell
37%
to
$12.3
million.
Net
loss
totalled
$224
thousand
vs.
an
income
of
$526
thousand.
Revenues
reflect
lower
sales
due
to
an
interruption
in
business
caused
by
earthquake
and
flooding
incidents.
Net
loss
reflects
lower
operating
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Wade Cook, 50 Chairman,
CEO, Pres | $4.2M | Cynthia Britten, 34 CFO,
Treasurer | -- | Bruce Couch, 51 VP-
Operations | -- | Laura Cook, 47 Sec.,
Director | -- | Deborah Losse, 46 Assistant
to the Pres Over Seminars and Product Devel. | -- | 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
|
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