| Business Summary | | Mannatech,
Incorporated
develops
and
sells
proprietary
nutritional
supplements
and
topical
products
through
a
network
marketing
system.
The
Company
operates
in
a
single
segment
in
which
it
sells
its
products
in
the
United
States,
Canada,
Australia,
the
United
Kingdom
and
Japan
through
a
network
of
approximately
237,000
active
associates,
as
of
March
8,
2001,
compared
to
approximately
269,000
active
associates,
as
of
March
9,
2000.
Mannatech
focuses
its
development
efforts
primarily
in
the
area
of
carbohydrate
technology
by
creating
its
proprietary
ingredient,
Ambrotose
complex,
which
combines
certain
naturally
occurring
sugars
required
to
support
optimal
cell-to-cell
communication.
Mannatech's
products
are
designed
to
support
various
systems
and
functions
of
the
human
body,
including
the
cell-to-cell
communication
system,
immune
system,
endocrine
system,
intestinal
system
and
dermal
system. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MTEX
develops
and
sells
proprietary
nutritional
supplements
and
topical
products
through
a
network
marketing
system,
offering
its
products
worldwide
through
a
network
consisting
of
237,000
active
associates.
For
the
six
months
ended
6/30/01,
sales
fell
15%
to
$66.7
million.
Net
loss
before
accounting
change
rose
81%
to
$2.4
million.
Revenues
reflect
a
decrease
in
the
active
associate
base.
Higher
loss
reflects
severance
expenses
related
to
former
executives. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Samuel Caster, 50 Co-Chairman | -- | Jules Zimmerman, 66 Co-Chairman | -- | Robert Henry, 54 CEO,
Director | $306K | Terry Persinger, 56 Pres,
COO, Sec., Director | 385K | C. Armando Contreras, 45 Pres
of International Operations | -- | 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
|
|