| Business Summary | | Tru
Dynamics
International,
Inc.,
formerly
known
as
Travel
Dynamics,
Inc.,
is
a
marketing
company
that
wholesales
and
distributes
educational
and
lifestyle
products
and
materials
through
independent
sales
associates
and
through
the
Internet.
The
products
and
materials
are
designed
to
support
individuals
in
their
development
of
income
for
home-based
businesses.
This
product
line
consists
primarily
of
travel
products,
training
conferences
and
packages
and
e-commerce
packages.
In
August
2001,
the
Company
announced
a
major
restructuring
of
the
Company
to
allow
it
to
focus
almost
entirely
on
its
wellness
business.
The
Company
reached
a
definitive
agreement
to
sell
Tru
Dynamics
Inc.,
its
travel
and
conference
subsidiary.
Also
in
August
2001,
the
Company
sold
its
remaining
non-wellness
subsidiary,
Columbus
Travel
Co.,
to
its
original
owners. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Tru
Dynamics
International,
Inc.
is
a
marketing
firm
which
wholesales
and
distributes
educational
and
lifestyle
products
and
materials,
primarily
discount
entertainment
and
travel
packages,
through
independent
sales
agents
and
the
Internet.
For
the
nine
months
ended
3/31/01,
sales
fell
13%
to
$4.2
million.
Net
loss
totaled
$3.5
million,
up
from
$556
thousand.
Results
reflect
the
deferment
of
the
Executive
Conference
Experience
and
increased
personnel
and
stock
option
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Wayne Holbrook Pres,
CEO | -- | Richard Miller, 44 CFO,
Sec., Treasurer | $12K | John Piccolo, 36 VP | 62K | Dollar
amounts are as of 30-June-2000 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
|
|