10QSB is out... freedgar.com Some Snippets...
The aforementioned common shares were cancelled in exchange for preferred voting only shares for the reason that the Principals of the Corporation, as previously arranged in early 1998, wished to decrease the number of outstanding common shares seeing that the Principals have no intention of selling any of their shares.
The deduction of these 52,795,113 from the total outstanding shares leaves a total of outstanding common stock at 13,022,502.
The Company has initiated legal action in the federal courts in the seeking the cancellation of another 9,740,000 shares of common stock.
NINE MONTHS ENDED SEPTEMBER 30, 1998 SEPTEMBER 30, 1997 REVENUES SALES $ 536,582 $ 30,770 DAMAGE CLAIMS 995 0 INTEREST INCOME 400 1,716 DISCOUNTS & GIFT CERTIFICATES (46,426) 0 MISCELLANEOUS INCOME 111 0 -------- ------- TOTAL REVENUES 491,662 32,487
NET INCOME $( 42,551) $(653,104)
And this line made me chuckle :) Our own, Dr. Loricchio is able to change the molecular structure of water to do an extraction on fruit to basically get out 100% of the essence (let's say strawberries) so we can transfer that essence into our "sports" drink.
It has been said that Amazon Natural Treasures, Inc.'s "WEBSITE OF THE FUTURE", once fully implemented, will be a major contender for a variety of awards dealing with internet site and graphic designs.
The Company is actively and aggressively engaged in a strategic program to eliminate the illegal shorting of their stock which will allow the Company to, once again, fulfill their $5,000,000 private placement. This will allow the Company to continue with its catalog sales and marketing program. Once implemented, the gross revenue based on industry sales figures will be an estimated $195,000,000 per annum to start.
Lots of "STUFF" to read through, DS |