| Business Summary | | Medi-Hut
Co.,
Inc.
wholesales
brand
name
drugs,
medical
products,
its
anti-stick
safety
syringe,
its
"Elite"
brand
and
private-label
medical
products
and
its
"Tru-Choice"
over-the-counter
drugs
(Tru-Choice
drugs),
which
are
provided
to
the
Company
by
various
suppliers.
The
Company
sells
its
products
through
drug
wholesalers
that
then
sell
them
to
pharmacies
and
through
mail
orders.
In
April
1999,
Medi-Hut
introduced
the
"Elite"
brand
of
medical
products,
and
in
September
1999,
it
launched
the
Tru-Choice
drugs.
In
October
2000,
the
Company
introduced
the
Elite
Safety
Syringe.
Other
products
include
alcohol
prep
pads,
which
are
used
as
a
topical
antiseptic,
anti-infective
prior
to
administering
injections,
and
condoms,
which
are
made
of
natural
rubber
latex
and
are
silicone-lubricated
with
a
reservoir
tip. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Medi-Hut
Co.,
Inc.
wholesales
name
brand
drugs,
medical
products,
our
anti-stick
safety
syringe,
our
``Elite''
brand
and
private
label
medical
products
and
our
``Tru-Choice''
over-the-counter
drugs
which
are
provided
by
various
suppliers.
For
the
six
months
ended
4/30/01,
revenues
rose
29%
to
$4.5
million.
Net
income
totaled
$201
thousand,
up
from
$82
thousand.
Results
reflect
higher
sales
of
name
brand
pharmaceuticals
and
improved
margins
of
the
Elite
Safety
Syringe. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Joseph Sanpietro, 50 Pres,
Director | $83K | Robert Russo, 41 Treasurer,
Director | 23K | Vincent Sanpietro, 53 Sec.,
Director | 56K | Dollar amounts are as of 31-Oct-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
|
|