| Business Summary | | Next
Generation
Technology
Holdings,
Inc.,
prior
to
June
1,
200,
developed,
marketed
and
sold
cookies,
crackers
and
related
food
products
under
the
Delicious,
Salerno,
Mama's
and
Frookie
labels.
These
products
are
sold
primarily
in
the
United
States
to
independent
direct-store
delivery
distributors
for
resale
to
supermarkets
and
other
retail
outlets,
through
large
wholesalers
to
natural
food
stores
and
also
directly
to
supermarkets
and
other
retail
outlets.
On
June
1,
2000,
the
Company
consummated
the
sale
of
substantially
all
of
its
assets
and
businesses
to
BF
USB,
Inc.
Next
Generation
currently
has
no
tangible
assets
and
has
had
no
operations
since
June
1,
2000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Next
Generation
Technology
Holdings,
Inc.
develops,
markets
and
sells
cookies,
crackers
and
related
food
products
under
the
Mama's,
Delicious,
Salerno,
and
Frookie
labels.
For
the
26
weeks
ended
6/30/01,
net
sales
totaled
$0,
down
from
$10.5
million.
Net
loss
totaled
$354
thousand
vs.
an
income
of
$9.9
million.
Revenues
reflect
the
sale
of
substantially
all
the
assets
of
the
Company.
Net
loss
also
reflects
the
absence
of
a
$14.4
million
gain
on
the
sale
of
a
business. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Donald Schmitt, 68 Chairman | -- | Thomas Guinan, 62 CEO,
Pres, Director | $50K | Jeffry Weiner, 49 Exec.
VP, CFO, Treasurer and Sec. | 154K | 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
|
|