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Ronco Acquisition Corporation · New York, NY United States ·(Pink Sheets: RNCP)

Company Description

570 Lexington Ave. 25th Fl.
New York, NY
10022
United States (Map)
Phone: 646-378-4040
Fax: 646-378-4090
    Operators are standing by, so have your credit card ready. Ronco's former head huckster (and inventor) Ron Popeil is, by his 1995 autobiographical account, The Salesman of the Century. Ronco uses TV infomercials (and the Internet) to sell food dehydrators, rotisseries, cutlery, flavor injectors, inside-the-shell egg scramblers, pasta makers, and GLH (great looking hair), a hair-in-a-can remedy for baldness. The company went public in mid-2005 through a $50-million reverse merger with Fi-Tek. Popeil divested his interest that year. Ronco filed for Chapter 11 bankruptcy protection in mid-2007. By August it emerged from bankruptcy headed by industry veteran Larry Nusbaum and Marlin Equity Partners. To read the full description, subscribe now.
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    Key Ronco Acquisition Corporation Financials

    Company TypePublic - Pink Sheets: RNCP

    Headquarters
    Fiscal Year-EndJune
    Employees200

    Ronco Acquisition Corporation Executives

    5 executives listed for Ronco Acquisition Corporation's New York, NY location.
    TitleName & BioContact
    Chairman, President, and CEOLarry NusbaumNetwork
    EVP and COODavid ShrierNetwork
    Director Product ManagementMichael TaubNetwork

    Competition

    Competitive Landscape for Ronco Acquisition Corporation
    Demand is driven by growth in consumer income and by home sales. The profitability of individual companies depends on efficient operations and effective marketing. Large companies have economies of scale in production, marketing, and distribution. Small companies can compete effectively by producing specialty products, subcontracting to the larger manufacturers, or producing name brand goods under contract. The industry is fairly automated: annual revenue per employee is close to $250,000. To read the full description, subscribe now.
    Top Ronco Acquisition Corporation Competitors
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