| Business Summary | | Millionaire.com
is
a
provider
of
luxury
goods
and
services
to
the
affluent
through
its
magazine,
Opulence,
and
through
its
Website,
www.opulence.com.
The
Company
sells
fine
art,
antiques,
collectibles
and
other
valuables
through
its
publication
and
Website,
and
by
consigning
items
to
existing
auction
houses
throughout
the
United
States.
During
the
years
ended
December
31,
2000
and
1999,
the
Company
sold
fine
art,
antiques,
collectibles
and
other
valuables
through
its
own
auction
house,
which
it
discontinued
operating
in
December
31,
2000.
The
Company's
business
is
based
on
its
magazine,
which
is
a
lifestyle
publication
for
the
affluent
and
those
aspiring
to
be;
and
its
Website,
which
currently
offers,
among
other
things,
an
online
mall
where
retailers
can
rent
links
to
their
sites
and
a
catalog
where
individuals
can
advertise
their
products
and
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Millionaire.com
is
a
provider
of
luxury
goods
and
services
to
the
affluent
through
the
Internet,
traditional
print
media
and
auctions,
offering
customers
merchandise
or
services
available
worldwide.
For
the
six
months
ended
6/30/01,
total
revenues
fell
80%
to
$388
thousand.
Net
loss
from
continuing
operations
fell
80%
to
$799
thousand.
Results
reflect
lower
advertising
revenue
due
to
reorganization
of
the
business,
offset
by
the
absence
of
stock
issuance
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Robert White, 54 Chairman,
Pres, CEO | $281K | Richard Seibert, 43 CFO,
Director | 100K | David Strong, 56 Sr.
VP of Marketing, Sec., Director | 183K | Frank Osborne, 52 VP,
Gen. Mang., Director | 152K | 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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