| Business Summary | | Synergy
Brands,
Inc.
develops,
operates
and
continues
to
seek
opportunities
to
establish
Internet
businesses
directed
at
sale
of
a
variety
of
products.
The
Company
focuses
on
developing
business
opportunities
in
three
related
sectors,
business-to-consumer,
business-to-business
and
enterprise
integration.
As
of
March
31,
2001,
the
Company's
Internet
subsidiaries
included
BeautyBuys.com,
in
which
it
has
a
100%
voting
interest
through
the
Company's
wholly
owned
subsidiary,
SYBR.com
Inc.;
NetCigar.com,
a
wholly
owned
subsidiary
of
SYBR.com
Inc.;
SYBR.com
Inc.;
PHS
Group,
a
subsidiary
of
BeautyBuys.com
Inc.;
Supply
Chain
Technologies
Inc.,
a
wholly
owned
subsidiary
of
SYBR.com;
and
Dealbynet.com
Inc.,
a
wholly
owned
subsidiary
of
Supply
Chain
Technologies
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Synergy
Brands,
Inc.
through
its
subsidiaries
markets
national
brand
name
consumer
products
to
numerous
US
retailers
and
wholesales
and
sells
proprietary
brand
consumer
products
through
on
line
channels.
For
the
six
months
ended
6/30/01,
revenues
increased
34%
to
$11.6
million.
Net
loss
before
extraordinary
items
fell
45%
to
$1.6
million.
Results
reflect
increased
Dealbynet
and
B2C
revenues,
an
improved
gross
margin
and
lower
marketing
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Mair Faibish, 41 Chairman,
CEO | $145K | Henry Platek, Jr., 54 Pres,
COO, Director | 88K | Mitchell Gerstein, 44 CFO,
VP, Sec., Treasurer, Director | -- | Dollar amounts are as of 31-Mar-2001 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
|
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