| Business Summary | | Stereoscape.com,
Inc.
owns
American
Buyers
Club
International,
Inc.
(ABC)
and
Marx
Toys,
Inc.
(Marx).
ABC
and
its
subsidiary,
Alpha
Sound
and
Vision,
Inc.
(Alpha),
(collectively,
the
Home
Theater
Company)
sell
products
such
as
amplifiers,
receivers,
televisions,
speakers,
CD
players,
DVD
players,
satellite
systems,
home
automation,
and
cassette
players.
The
Home
Theater
Company
sells
products
via
the
Internet
and
through
print
media
advertising,
and
through
Alpha,
which
operates
a
retail
store
in
Freehold,
New
Jersey.
Marx,
founded
in
1919,
was
one
of
the
world's
largest
toy
manufacturers
through
much
of
the
20th
century.
Marx
has
executive
offices
in
Miami,
Florida,
while
the
manufacturing
is
done
in
Mexico
and
Ohio.
Marx
has
been
selling
its
product
via
the
Internet
and
through
telemarketing.
Marx
plans
to
expand
sales
to
include
major
toy
retailers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Stereoscape.com
is
engaged
in
the
sale
of
home
entertainment
equipment
such
as
amplifiers,
televisions,
CD
players
and
satellite
systems.
For
the
three
months
ended
3/31/01,
revenues
decreased
33%
to
$573
thousand.
Net
loss
totaled
$280
thousand,
up
from
$115
thousand.
Revenues
reflect
the
elimination
of
lower
margin
sales
and
the
markdown
of
old
inventory.
Net
loss
reflects
increased
S/G/A
expenses
due
to
additional
overhead
from
Marx. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Mario Bassani Chairman,
CEO | -- | Steven Wise, 40 Pres | $110K | Gary Hyman CFO,
Director | -- | David Bannon, 41 VP
of Alpha Sound & Vision, Inc. | 106K | 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
|
|