KOOP only gets revenues from one place and one place only!!!
advertiosing total; sales were none existant in this klast year an dlosses of 9 million.its a joke..this is a future penny stock ..just read tghe following and guess what not another peep for 30 days on this POS!..
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BN Ex-Surgeon General Koop Becomes Internet Millionaire (Update1)
Jun 8 1999 13:17
Ex-Surgeon General Koop Becomes Internet Millionaire (Update1)
(Adds closing stock price.)
Austin, Texas, June 8 (Bloomberg) -- C. Everett Koop,
the former surgeon general who led a fight against Big Tobacco
and pushed for AIDS awareness, turned Internet millionaire today
when his Web site company became publicly traded.
Drkoop.com Inc., a consumer health-care Web site co-founded
by Koop, more than doubled on its first day of trading to as high
as 18 1/2. That made Koop's 11 percent stake worth $56 million.
The stock closed at 16 7/16, up 7 7/16, as 26.5 million shares
traded, the most of any U.S. stock.
The Austin, Texas-based company's Web site, www.drkoop.com,
offers free health-care articles, discussions and advice on
issues from AIDS to skin care. It hopes to make money from
advertisers, who now include SmithKline Beecham Plc, maker of
quit-smoking products Nicorette gum and the NicoDerm patch.
Kicking the habit is a subject dear to the 82-year-old Koop,
a pediatric surgeon who is drkoop.com's chairman. During has
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fought to recover from tobacco companies money spent by states to
treat smoking-related diseases.
''We ought to use as many things as we can'' to keep young
people from smoking, he said in a September interview after anti-
tobacco legislation he championed failed in the Senate.
Asked if he'd continue to fight against smoking, he said,
''You'll see me at the time when I can be useful and helpful.''
Now Koop, who sports a full beard minus the mustache and
wears a bow tie, has agreed to allow drkoop.com to ''use his
image, name and likeness'' over the next five years, the company
said. In exchange, he'll receive royalties of 2 percent of sales.
The Internet site, launched in July 1998, lost $9 million
last year on revenue of $43,000. It had 83,000 registered users
at the end of February. |
