| Business Summary | | Elegant
Illusions,
Inc.,
through
its
wholly
owned
subsidiary,
Elegant
Illusions,
Inc,
is
engaged
in
the
retail
sale
of
fine
and
copy
jewelry
at
locations
in
California,
Nevada,
Utah,
Missouri,
Louisiana,
Hawaii,
Michigan,
Indiana,
Florida,
Texas
and
United
States
Virgin
Islands.
Copy
jewelry
items
are
replications
of
fine
jewelry,
manufactured
with
synthetic
stones.
One
of
the
Company's
two
fine
jewelry
stores,
which
includes
a
handcraft,
jewelry
and
gift
store,
is
located
in
Monterey,
California;
the
other
is
located
in
St.
Croix,
California.
In
addition,
the
Company
sells
original
oil
paintings,
lithographs
and
other
art,
as
well
as
reproductions.
One
of
the
fine
art
galleries,
the
Bourbon
St.
Gallery,
is
located
in
New
Orleans,
Louisiana,
and
the
other,
the
Gore
Creek
Gallery,
is
located
in
Vail,
Colorado.
The
Company's
reproduction
art
gallery,
the
Branson
Gallery,
is
located
in
Branson,
Missouri. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ElLL
is
engaged
in
the
retail
sale
of
fine
and
copy
jewelry,
as
well
as
original
oil
paintings,
lithographs
and
other
art,
as
well
as
reproductions.
For
the
six
months
ended
6/30/01,
revenues
decreased
12%
to
$4.5
million.
Net
loss
before
accounting
change
totalled
$4
thousand,
vs.
an
income
of
$65
thousand.
Revenues
reflect
the
closing
of
the
Mall
of
America,
Royal
Dane
Mall
and
Seaport
Jewlers
locations.
Earnings
also
reflect
lower
operating
margins
and
higher
depreciation
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| James Cardinal, 54 CEO | $225K | Gavin Gear, 49 Pres | 112K | Tamara Gear, 42 Sec.,
Treasurer, | 122K | 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
|
|