| Business Summary | | Advantage
Marketing
Systems
Inc.
markets
a
product
line
consisting
of
over
one
hundred
products
in
three
categories;
weight
management,
dietary
supplement
and
personal
care
products.
These
products
are
marketed
through
a
network
marketing
organization
in
which
independent
distributors
purchase
products
for
resale
to
retail
customers
as
well
as
for
their
own
personal
use.
Currently,
the
number
of
the
Company's
active
distributors
totals
approximately
86,600. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Advantage
Marketing
Systems
markets
a
product
line
consisting
of
approx.
100
products
in
three
categories:
weight
management,
dietary
supplement
and
personal
care
products
through
a
network
marketing
organization
of
independent
distributors.
For
the
three
months
ended
3/31/01,
net
sales
rose
1%
to
$7.1
million.
Net
income
fell
94%
to
$18
thousand.
Results
reflect
expansion
of
the
Company's
network
of
independent
distributors,
offset
by
higher
promotional
and
payroll
costs. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
7,100;
after
tax
earnings
were
165. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Hail, 71 Chairman
and CEO | $282K | Reggie Cook, 46 CFO,
VP | -- | Dennis Loney, 46 COO | -- | Dollar
amounts are as of 31-Dec-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
|
|