| Business Summary | | Natural
Health
Trends
Corp.
develops
and
operates
businesses
to
promote
human
wellness.
Through
ekaire.com,
Inc.
and
Lexxus
International,
Inc.,
its
subsidiaries,
the
Company
utilizes
a
network
of
independent
associates
to
offer
a
line
of
approximately
35
products.
In
August
2000,
the
Company
introduced
Celltonic
Plus,
an
organic
mineral
solution
containing
over
72
minerals
and
trace
elements,
within
an
electrolyte
drink.
In
2000,
the
Company
discontinued
its
line
of
skin
and
hair
care
products
due
to
market
conditions.
In
March
2001,
Global
Health
Alternatives,
Inc.
and
Ellon,
Inc.,
two
of
the
Company's
wholly
owned
subsidiaries,
filed
for
Chapter
7
bankruptcy
liquidation
in
United
States
Federal
Court,
North
Dallas.
Neither
Global
Health
Alternatives
nor
Ellon
had
operations
during
the
year
2000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NHTC
develops
and
operates
businesses
to
promote
human
wellness.
NHTC,
through
its
subsidiary,
markets
a
line
of
natural,
over-the-counter
homeopathic
pharmaceutical
products.
For
the
three
months
ended
3/31/01,
revenues
fell
less
than
1%
to
$3.2
million.
Net
income
applicable
to
Common
totalled
$15
thousand,
vs.
a
loss
of
$629
thousand.
Revenues
reflect
lower
sales
of
Kaire
Nutraceuticals.
Earnings
reflect
lower
eKaire's
expenses
and
decreased
preferred
dividend
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Richards, 55 Pres,
CEO, Director | $69K | Mark Woodburn, 30 CFO,
Treasurer, Director | 34K | 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
|
|