| Business Summary | | Avani
International
Group
Inc.
has
been
engaged
in
the
business
of
manufacturing
and
distributing
oxygen
enriched,
purified
bottled
water
under
the
trade
name
Avani
Water.
The
Company
has
three
wholly
owned
subsidiaries;
Avani
Marketing
Corp.,
Avani
Oxygen
Water
Corporation,
and
Avani
International
Marketing
Corp.
The
Company
manufactures
and
sells
its
purified,
oxygen
enriched
water
in
500-ml
and
1.5-liter
PET
bottles
and
five-gallon
bottles.
The
Company's
unique
oxygenation
process
yields
a
water
containing
26.4
mg/L
(or
26.4
ppm)
of
dissolved
oxygen,
which
is
approximately
three
times
higher
than
the
oxygen
content
level
in
Evian
brand
water
or
ordinary
tap
water. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AVIG
operates
a
bottling
facility
and
engages
in
the
business
of
developing,
manufacturing,
marketing
and
distributing
oxygen
enriched,
purified
bottled
water
under
the
Avani
brandname.
For
the
six
months
ended
6/30/01,
revenues
rose
67%
to
$418
thousand.
Net
loss
fell
7%
to
$393
thousand.
Revenues
reflect
higher
sales
to
overseas
markets.
Lower
loss
was
partially
offset
by
increased
bad
debt
allowances
and
lower
interest
income. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Ngai Chang, 61 Chairman | -- | Robert Wang, 51 Pres,
Director | $16K | Dennis Robinson, 58 Sec.,
Treasurer, Director | -- | 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
|
|