| Business Summary | | Entrade
Inc.
is
a
creator
of
and
investor
in
business
to
business
(B2B)
e-commerce
marketplaces
in
targeted
industries.
To
date,
Entrade
has
created
or
invested
in
seven
e-commerce
marketplaces,
with
an
eighth
pending
shareholder
approval.
Entrade
supports
the
formation
of
its
e-commerce
marketplaces
by
providing
B2B
e-commerce
technology,
business
infrastructure,
management
talent
and
a
competency
in
asset
management
and
fulfillment.
Entrade's
technology
is
designed
to
enable
online
transactions,
auctions,
procurement,
inventory
management
and
asset
management
and
recovery.
Entrade
also
has
two
wholly
owned
subsidiaries
that
do
business
collectively
as
Nationwide
Auction
Systems.
Nationwide
operates
six
permanent,
full-service
public
auction
facilities
engaged
in
the
liquidation
of
assets
by
auction
on
a
consignment
basis. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Entrade
Inc.,
the
parent
company
of
entrade.com,
is
a
business-to-business
Internet
e-commerce
company
that
provides
services
to
facilitate
the
purchase
and
sale
of
inventory,
equipment
and
other
assets.
For
the
nine
months
ended
9/30/00,
revenues
totaled
$12
million,
up
from
$0.
Net
loss
applicable
to
Common
totaled
$42
million,
up
from
$6.5
million.
Results
reflect
the
acquistion.
Net
loss
reflects
higher
S/G/A
expenses
due
to
increased
personnel
and
related
costs. | More
from
Market Guide: Significant
Developments |
| | |
| Position | John Harvey, 70 | Chairman | Peter Harvey, 65 | Vice
Chairman, acting CEO | Norman Smagley, 41 | CFO,
Exec. VP | Corey Scholssmann, 44 | Director
and CEO of Nationwide | John Hamm, 61 | Exec.
VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|