| Business Summary | | Nyer
Medical
Group,
Inc.'s
wholly
owned
subsidiaries,
ADCO
Surgical
Supply,
Inc.
and
ADCO
South
Medical
Supplies,
Inc.,
are
engaged
in
the
wholesale
and
retail
sale
of
surgical
and
medical
equipment
and
supplies
throughout
New
England
and
Florida.
Additionally,
ADCO
has
a
division
that
delivers
blood
glucose
meters,
test
strips,
lancets
and
penlets,
control
solutions
and
alcohol
prep
pads
to
individual
diabetics
directly
at
their
homes.
Nyer
Internet,
Inc.,
which
is
also
a
wholly
owned
subsidiary,
is
involved
in
Internet
sales
of
medical
equipment
and
supplies.
Anton
Investments,
Inc.
and
Conway
Associates,
Inc.,
each
80%
owned
by
the
Company,
sell
wholesale
and
retail
equipment,
supplies
and
novelty
items
to
emergency
medical
services,
fire
and
police
departments.
SCBA,
Inc.,
80%
owned
by
the
Company,
repairs
and
services
fire
department's
self-contained
breathing
apparatus.
D.A.W.,
Inc.,
also
80%
owned,
is
a
chain
of
pharmacy
drug
stores
located
in
suburban
Boston,
Massachusetts. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NYER,
a
holding
co.,
operates
in
medical
products
distribution,
biotech,
nutritional
tube
feeding,
EMS,
and
fire
and
police
equipment
supply.
For
the
three
months
ended
3/31/01,
sales
increased
15%
to
$11.2
million.
Net
loss
from
continuing
operations
decreased
2%
to
$137
thousand.
Revenues
reflect
an
increased
volume
on
prescription
drugs
due
to
a
continuing
marketing
campaign
on
assisted-living
and
home-based
sectors.
Lower
losses
were
partially
offset
by
higher
personnel
and
corporate
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Samuel Nyer, 75 Chairman,
Pres, CEO, Sec. | $144K | William Clifford, Jr., 51 VP-
Sales | -- | Karen Wright, 38 Treasurer,
VP- Fin., Assistant Sec. | -- | 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
|
|