| Business Summary | | PlanetRx.com,
Inc.
has
been
an
online
healthcare
destination
for
commerce,
content
and
community.
On
April
5,
2001,
the
Board
of
Directors
approved
the
preparation
of
a
formal
plan
of
liquidation
and
dissolution
for
the
Company.
PlanetRx.com
is
not
engaging
in
any
business
activities
except
for
the
purpose
of
preserving
the
value
of
its
assets
and
prosecuting
or
defending
lawsuits
by
or
against
the
Company.
The
Company's
e-commerce
Website,
www.PlanetRx.com,
launched
on
March
18,
1999,
provided
a
private
shopping
experience.
The
Company
offered
products
in
six
categories:
prescription
drugs;
non-prescription
drugs;
personal
care;
beauty
and
spa;
vitamins,
herbs
and
nutrition;
and
medical
supplies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PLRX
was
an
online
healthcare
destination
offering
products
ranging
from
prescription
and
non-prescription
drugs,
to
personal
care,
beauty
and
spa,
vitamins
and
medical
supplies.
The
Company
no
longer
engages
in
any
business
activities.
For
the
six
months
ended
6/30/01,
revenue
fell
68%
to
$5.7
million.
Net
loss
decreased
89%
to
$10
million.
Results
reflect
the
suspension
of
e-commerce
operations,
offset
by
lower
advertising
and
amortization
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Michael Beindorff, 48 Chairman,
CEO | -- | John McAlpin, 41 Pres,
COO | $130K | Stephanie Schear-Tilenius, 32 Sr.
VP, Bus. Devel. | -- | Paul Risner VP, Gen. Counsel | -- | Denise Bovo VP
of Marketing | -- | 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
|
|