| Business Summary | | Take
to
Auction.com,
Inc.
provides
its
members
with
a
total
solution
for
taking
items
to
online
auction
sites.
The
Company's
revenues
are
derived
from
membership
credits
purchased
by
its
members,
from
additional
credits
purchased
by
existing
members,
from
sales
of
product
through
its
members
and
its
own
accounts
at
auction,
from
selling
products
directly
to
the
Company's
members,
registered
users
and
non-registered
users
in
the
Company's
wholesale
club
(TTA
Direct)
and
from
shipping
and
handling
fees. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Take
to
Auction.com,
Inc.
is
an
Internet-based
community
providing
members
an
online
catalog
of
authentic
collectibles
and
factory-new
specialty
merchandise
to
sell
at
online
auction
sites
such
as
eBay,
FairMarket,
Amazon
and
Yahoo!.
For
the
six
months
ended
6/30/01,
net
revenues
totaled
$5.8
million,
up
from
$1.5
million.
Net
loss
fell
2%
to
$2.4
million.
Results
reflect
higher
sales
of
products
through
TTA
auctions,
partially
offset
by
higher
fulfillment
costs. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Ilia Lekach, 50 | Chairman | Albert Friedman, 27 | Pres,
CEO, Director | Horacio Groisman, 46 | Vice
Chairman | Mitchell Morgan, 29 | VP,
CFO, Director | Jonathan Geller, 24 | VP,
CTO, Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|