| Business Summary | | Capital
Beverage
Corporation
is
the
exclusive
distributor
of
certain
beer
and
malt
liquor
products
manufactured
by
Pabst
Brewing
Company
(Pabst).
The
brands
of
Olde
English
800
and
Colt-45
Malt
Liquor
are
the
two
most
popular
brands
of
malt
liquor
in
the
market
place
that
the
Company
distributes.
Capital
Beverage
also
has
distributor
agreements
with
Pittsburgh
Brewing
Company
to
distribute
on
an
exclusive
basis
in
the
entire
state
of
New
York,
the
following
brands:
Brigade,
Brigade
Light,
Brigade
Ice,
Brigade
N/A,
Prime
Time
Lager,
Prime
Time
Malt
Liquor,
Iron
City,
Iron
City
Light,
Light
Twist
Acapulco
Lime,
Iron
City
Twist,
Rio
Cherry,
Old
German,
Augustiner,
Evil
Eye
Ale,
Evil
Eye
Black
Jack,
Evil
Eye
Amber
Lager,
Evil
Eye
Honey
Brown. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Capital
Beverage
Corp.
is
the
exclusive
distributor
for
certain
beer
and
malt
liquor
products
manufactured
by
Pabst
Brewing
Company.
For
the
three
months
ended
3/31/01,
revenues
fell
35%
to
$2.6
million.
Net
loss
applicable
to
Common
increased
13%
to
$337
thousand.
Revenues
reflect
the
removal
of
the
Heineken
brand.
Higher
loss
reflects
a
decrease
in
gross
margin
and
an
increase
in
general
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Carmine Stella, 48 Chairman,
Pres and CEO | $303K | Anthony Stella, 48 VP
of Sales and Marketing | 172K | Carol Russell, 44 Sec.,
Treasurer | 88K | 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
|
|