| Business Summary | | Planet
Polymer
Technologies,
Inc.
is
an
advanced
materials
company
that
develops
and
licenses
hydro-soluble
polymer
and
biodegradable
materials.
Planet's
proprietary
polymer
materials
are
marketed
under
the
trademarks
EnviroPlastic,
Aquadro
and
AQUAMIM.
EnviroPlastic
and
Aquadro
and
can
be
used
to
produce
films,
coatings
and
injection
molded
parts
that
serve
as
environmentally
compatible
alternatives
to
conventional
plastics.
AQUAMIM
can
be
used
to
manufacture
complex
metal
parts
using
conventional
plastics
molding
equipment.
Planet
has
also
developed
polymer
technologies
for
Agway,
Inc.
that
are
being
marketed
under
the
trademarks
Optigen
1200
and
FreshSeal. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Planet
Polymer
Technologies,
Inc.
is
a
specialty
chemical
company
that
designs,
develops,
manufactures
and
markets
degradable
and
recycled
polymer
materials.
For
the
six
months
ended
6/30/01,
sales
fell
70%
to
$160
thousand.
Net
loss
applicable
to
Common
increased
26%
to
$773
thousand.
Revenues
reflect
lower
sales
of
EnviroPlastic(R)
Z
sales
and
lower
Agway
development
income.
Higher
loss
reflects
higher
payroll
and
promotion
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Robert Petcavich, Ph.D., 46 Chairman,
CTO | $215K | Richard Bernier, 54 Pres,
CEO, Acting Chief Financial Officer, Director | 63K | 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
|
|