| Business Summary | | Shopnet.com
Inc.
acquires
screenplays
and
produces
motion
pictures
through
Hollywood
Productions,
Inc.
The
Company
is
also
into
the
business
of
designing,
manufacturing,
and
distributing
(throughout
the
United
States)
young
girls'
swimwear
and
coordinating
beach
cover-ups
and
accessories
as
a
result
of
its
acquisition
of
Breaking
Waves
Inc.
The
Company
seeks
to
acquire
screenplays
and
produce
motion
pictures
budgeted
from
$1
million
to
$3
million.
It
also
may
invest
in
the
production
of
motion
pictures,
though
it
may
not
receive
absolute
ownership
of
the
screenplay,
the
motion
picture,
or
certain
ancillary
rights
(i.e.,
stage
performances
or
novel
adaptations).
Breaking
Waves
is
a
designer,
manufacturer,
and
distributor
of
girl's
swimwear,
which
is
sold
throughout
the
United
States.
In
addition
to
swimwear,
Breaking
Waves
manufactures
beach
cover-ups
and
accessories
to
coordinate
with
its
swimwear.
Swimwear
is
made
in
children's
sizes
from
2-16
and
in
pre-teen
sizes. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SPNT
engages
in
acquiring
screenplays
and
producing
independent
motion
pictures.
The
Co.
is
also
a
designer,
manufacturer
and
distributor
of
swimwear,
wetsuits,
jackets,
beach
cover
ups
and
accessories.
For
the
three
months
ended
3/31/01,
net
sales
rose
34%
to
$3.7
million.
Net
income
rose
1%
to
$208
thousand.
Revenues
reflect
an
increase
in
sales
due
to
the
introduction
of
a
new
product
line.
Net
income
was
partially
offset
by
an
increase
in
commission
expense. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Harold Rashbaum, 73 Pres,
CEO | $160K | Jeanne Falletta, 43 Sec.,
Director | -- | Dollar amounts are as of 31-Dec-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
|
|