| Business Summary | | Genesis
Capital
Corp.
of
Nevada
was
originally
formed
under
the
name
Bugs,
Inc.,
for
the
purpose
of
using
microbial
and
other
agents,
including
metallurgy,
to
enhance
oil
and
natural
gas
production
and
to
facilitate
the
recovery
of
certain
metals.
Since
1997,
the
Company
has
attempted
to
identify
and
acquire
a
favorable
business
opportunity
and
has
reviewed
and
evaluated
a
number
of
business
ventures
for
possible
acquisition.
The
Company
has
not
entered
into
any
agreement,
nor
does
it
currently
have
any
commitment
or
understanding
to
enter
into
or
become
engaged
in
a
transaction. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Genesis
Capital
Corporation,
for
the
past
three
years,
has
had
no
active
business
operations.
The
Company
is
currently
in
the
process
of
attempting
to
identify
and
acquire
a
favorable
business
opportunity,
one
with
long-term
growth
potential.
For
the
nine
months
ended
6/30/01,
the
Company
reported
no
revenues.
Net
loss
totaled
$74
thousand,
up
from
$22
thousand.
Higher
loss
reflects
higher
legal
and
professional
fees. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Reginald Davis, 45 | Pres,
CEO, Director | Jerry Conditt, 65 | VP,
Sec., Treasurer, Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|