Mr. David, you will have to call the company to discover who the
TA is, won't you?
No.
The new transfer agent since May is:
Pacific Stock Transfer Co.
3690 S. Eastern Avenue
Las Vegas, NV 89109
Tel: 702-361-3033
DTC Tel: 212-709-1471
Unaudited - For Management Purposes Only
<PAGE> 9
AMAZON NATURAL TREASURES, INC.
Income Statement
For the Three Months Ending March 31, 1998
<TABLE>
<CAPTION>
REVENUES CURRENT MONTH YEAR TO DATE
<S> <C> <C> <C> <C>
SALES-TAXABLE 122.49 0.27 122.49 0.27
SALES-NON TAXABLE 44,430.96 99.27 44,430.96 99.27
SALES RETURNS AND ALLOWANCE 0.00 0.00 0.00 0.00
DAMAGE CLAIMS 0.00 0.00 0.00 0.00
INTEREST INCOME 203.35 0.45 203.35 0.45
DISCOUNTS & GIFT CERTIFICATES 0.00 0.00 0.00 0.00
BAD DEBTS COLLECTED 0.00 0.00 0.00 0.00
MISCELLANEOUS INCOME 0.00 0.00 0.00 0.00
--------- ---------
Total Revenues 44,756.80 100.00 44,756.80 100.00
--------- ---------
Cost of Sales
PURCHASES 3,670.50 8.20 3,670.50 8.20
PROCESSING COSTS 0.00 0.00 0.00 0.00
FREIGHT-IN 490.04 1.09 490.04 1.09
SHIPPING EXPENSE 382.35 0.85 382.35 0.85
DAMAGED GOODS 0.00 0.00 0.00 0.00
COMMISSIONS 0.00 0.00 0.00 0.00
--------- ---------
Total Cost of Sales 4,542.89 10.15 4,542.89 10.15
--------- ---------
Gross Profit 40,213.91 89.85 40,213.91 89.85
--------- ---------
Expenses
ACCOUNTING SERVICES-OUTSIDE 10,000.00 22.34 10,000.00 22.34
ADVERTISING 0.00 0.00 0.00 0.00
AMORTIZATION 0.00 0.00 0.00 0.00
APARTMENT LEASES-CORPORATE 0.00 0.00 0.00 0.00
AUTO & TRUCK 0.00 0.00 0.00 0.00
AUTO LEASE 2,376.59 5.31 2,376.59 5.31
BAD DEBTS 0.00 0.00 0.00 0.00
BANK CHARGES 378.83 0.85 378.83 0.85
BANK CHARGES-CREDIT CARDS 244.26 0.55 244.26 0.55
CASUAL LABOR 0.00 0.00 0.00 0.00
COMMISSIONS 8,125.00 18.15 8,125.00 18.15
COMPUTER EXPENSE 0.00 0.00 0.00 0.00
CONSULTING FEES 23,163.00 51.75 23,163.00 51.75
CONTRIBUTIONS 0.00 0.00 0.00 0.00
DAMAGE CLAIMS 0.00 0.00 0.00 0.00
DEPRECIATION 0.00 0.00 0.00 0.00
DONATIONS 0.00 0.00 0.00 0.00
DUES & SUBSCRIPTIONS 0.00 0.00 0.00 0.00
EMPLOYEE BENEFITS 0.00 0.00 0.00 0.00
ENTERTAINMENT 0.00 0.00 0.00 0.00
EQUIPMENT RENTAL 0.00 0.00 0.00 0.00
FURNITURE LEASE 0.00 0.00 0.00 0.00
INSURANCE-GROUP 6,378.47 14.25 6,378.47 14.25
INSURANCE-GENERAL 3,951.12 8.83 3,951.12 8.83
INTEREST 0.00 0.00 0.00 0.00
JANITORIAL 0.00 0.00 0.00 0.00
LEGAL 228.46 0.51 228.46 0.51
LICENSES & TAXES 185.00 0.41 185.00 0.41
MANAGEMENT FEES 0.00 0.00 0.00 0.00
MISCELLANEOUS (477.81) (1.07) (477.81) (1.07)
MOVING EXPENSES 460.00 1.03 460.00 1.03
</TABLE>
For Management Purposes Only
<PAGE> 10
AMAZON NATURAL TREASURES, INC.
Income Statement
For the Three Months Ending March 31, 1998
<TABLE>
<S> <C> <C> <C> <C>
NEVADA BUSINESS TAX 0.00 0.00 0.00 0.00
LABORATORY SUPPLIES 0.00 0.00 0.00 0.00
CLEAN ROOM SUPPLIES 0.00 0.00 0.00 0.00
WAREHOUSE SUPPLIES 0.00 0.00 0.00 0.00
OFFICE EXPENSES 5,000.00 11.17 5,000.00 11.17
RESEARCH & DEVELOPMENT 0.00 0.00 0.00 0.00
OFFICERS' LIFE INSURANCE 0.00 0.00 0.00 0.00
PENALTIES 0.00 0.00 0.00 0.00
POSTAGE 820.50 1.83 820.50 1.83
PROFESSIONAL SERVICES 4,348.46 9.72 4,348.46 9.72
PROMOTIONAL 0.00 0.00 0.00 0.00
PRINTING 0.00 0.00 0.00 0.00
RENT 0.00 0.00 0.00 0.00
RENT-LAS VEGAS OFFICE 46,741.00 104.43 46,741.00 104.43
RENT-AMAZON 0.00 0.00 0.00 0.00
RENT-STORAGE UNITS 0.00 0.00 0.00 0.00
REPAIRS & MAINTENANCE 1,364.25 3.05 1,364.25 3.05
SALARIES & WAGES 65,371.91 146.06 65,371.91 146.06
SALARIES-OFFICERS 0.00 0.00 0.00 0.00
SECURITY EXPENSE 0.00 0.00 0.00 0.00
FICA EXPENSE 1,355.85 3.03 1,355.85 3.03
ST. UNEMP. SUI 0.00 0.00 0.00 0.00
FEDERAL UNEMPLOYMENT INSUR 0.00 0.00 0.00 0.00
STATE INDUSTRIAL INS. SYSTEM 0.00 0.00 0.00 0.00
PAYROLL TAX EXPENSE 356.25 0.80 356.25 0.80
TAXES-PROPERTY 0.00 0.00 0.00 0.00
TAXES-CORPORATE 0.00 0.00 0.00 0.00
TELEPHONE 1,451.70 3.24 1,451.70 3.24
TRAVEL 0.00 0.00 0.00 0.00
UTILITIES 1,160.51 2.59 1,160.51 2.59
GAIN ON SALE OF ASSETS 0.00 0.00 0.00 0.00
LOSS ON SALE OF ASSETS 0.00 0.00 0.00 0.00
LOSS 0.00 0.00 0.00 0.00
PROFIT SHARING CONTRIBUTION 0.00 0.00 0.00 0.00
OTHER INCOME 0.00 0.00 0.00 0.00
PROVISION FOR FED. INC. TAX 0.00 0.00 0.00 0.00
----------- ------- ----------- -------
Total Expenses 182,983.35 408.84 182,983.35 408.84
----------- ------- ----------- -------
Net Income <142,769.44> <318.99> <142,769.44> <318.99>
=========== ======= =========== =======
</TABLE>
For Management Purposes Only
<PAGE> 11
PART II - OTHER INFORMATION
ITEM 1. LEGAL PROCEEDINGS
None; not applicable.
ITEM 2. CHANGES IN SECURITIES
None; not applicable.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None; not applicable.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
None; not applicable.
ITEM 5. OTHER INFORMATION
None; not applicable.
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
(A) Exhibits
None.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this to be signed on its behalf by the undersigned
thereunto duly authorized.
AMAZON NATURAL TREASURES, INC.
Date: 5/22/98 By: /s/ Michael Sylver
-------------------------- ------------------------------------
Michael Sylver President & Chief Financial Officer
Date: 5/22/98 By: /s/ Robert Qualey
-------------------------- ------------------------------------
Robert Qualey Secretary/Treasurer |
