| Business Summary | | Leading
Edge
Packaging,
Inc.,
together
with
its
subsidiaries,
manufactures
and
distributes
packaging
products
used
primarily
in
the
sale
of
luxury
consumer
goods.
Leading
Edge's
packaging
products
include
metal
and
plastic
jewelry
cases,
optical
cases,
pouches
and
bags
and
paper
gift
boxes.
The
Company
also
sells
display
units
for
retail
merchandising
of
jewelry,
watches,
eyeglasses,
pens,
cosmetics
and
gold
coins.
The
Company
manufactures
its
products
primarily
in
its
manufacturing
facility
in
China,
and
distributes
them
in
North
America,
Europe,
Asia
and
the
Middle
East.
The
Company's
customers
are
mainly
wholesalers
and
distributors
of
packaging
products
and
consumer
product
manufacturers.
On
August
16,
2000,
the
Company
filed
a
Chapter
11
petition
under
the
United
States
Bankruptcy
Code. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Leading
Edge
Packaging,
Inc.
manufactures
and
distributes
packaging
products
used
primarily
in
the
sale
of
luxury
consumer
goods.
For
the
nine
months
ended
12/31/99,
revenues
increased
23%
to
$6.9
million.
Net
loss
applicable
to
Common
fell
79%
to
$2
million.
Revenues
reflect
the
recovery
of
sales
to
international
customers.
Lower
losses
reflect
lower
general,
sales,
and
administrative
expenses
due
to
a
stable
marketing
and
sales
program. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Stephen DeGroat, 49 Chairman | -- | Lip-Boon Saw, 42 CEO | $120K | Casey Tjang, 61 Pres/CFO/Director | 84K | Bernard Esquenet, 55 Director
and Sec. | -- | John Fee, 51 Sr.
VP, Marketing and Sales | 100K | Dollar amounts are as of 31-Mar-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
|
|