got to love this usat connection
. For the past year Mr.
Stovall has been an owner and
operator of a pawn broker business in Salt Lake City, Utah. He is a former
President, and the current Chairman,of the National Pawnbrokers Association.
PART III
ITEM 9. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT
The following information is furnished with respect to the Company's
Board of Directors and executive
officers. There are no family relationship between or among any of the
Company's directors or executiveofficers.DIRECTORS AND EXECUTIVE OFFICERS
Age Director
Name (1998) Since Position with the Company
John P. Stovall 49 1985 President, CEO and Director
JOHN P. STOVALL, President and a Director since 1985. Mr. Stovall
attended the University of Houston
where he studied radio and television communication. For the past year Mr.
Stovall has been an owner and
operator of a pawn broker business in Salt Lake City, Utah. He is a former
President, and the current Chairman,of the National Pawnbrokers Association.
ITEM 10. EXECUTIVE COMPENSATIONCOMPENSATION OF EXECUTIVE OFFICERS AND DIRECTORS
During the current fiscal year, no one in the Company's management
received more than $60,000 incompensation.
The Company's President received -0- in compensation for the year.
EMPLOYMENT AGREEMENTS AND OTHER COMPENSATION ARRANGEMENTS
There are currently no agreements with members of management as to
employment or compensation.COMPENSATION OF NON-EMPLOYEE DIRECTORS
There is currently no compensation paid to non-employment directors.
ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth as of January 14, 1998, the number of
shares of the Company's common
stock owned by persons who owned of record, or was known to own beneficially,
more than 5% of the
outstanding shares of the Company's common stock, sets forth the number of
shares of the Company's current
directors and officers, and sets forth the number of shares owned by all of
the Company's directors and officersas a group:
The beneficial owners listed have sole voting and investment power with
respect to the shares unlessotherwise indicated.
Amount and Nature
Name and Address of Beneficial
Percent of
of Beneficial Owner Ownership
Class John P. Stovall 51,000 5.0
Officers and Directors
as a Group (one) 51,000 5.0
International Advisory, Inc. 935,000 91.8
3340 Topaz, Suite 210Las Vegas, Nevada 89121
ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS
Other than executive compensation, during the reported year the
Registrant did not entered into any
transactions with management which are to be reported under this Item.
ITEM 13. EXHIBITS, AND REPORTS ON FORM 8-K(A) Exhibits EXHIBIT
NO. DESCRIPTION
3.01 Certificate of Incorporation (Incorporated by reference
to Registration Statement No. 33-2474-LA)
3.02 By-laws (Incorporated by reference to Registration
Statement No. 33-2474- LA.)
23.01 Consent of Crouch Bierwolf & Company, CPA
27.01 Financial Data Schedule
(b) The Registrant filed no current reports on Form 8-K during the last
quarter of the fiscal year ended December 31, 1996.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the Registrant has
duly caused this Report to be signed on its behalf by the undersigned,
thereunto duly authorized. SBB, Inc.
By: John P. Stovall /s/ John P. Stovall
Dated: January 20, 1998
Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the
following persons of behalf of the Registrant and in the capacities and on the
dates indicated.SIGNATURE TITLE DATE
/s/ John P. Stovall President and Director
(Principal Executive and
Financial Officer) January 20, 1998
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