| Business Summary | | Tri-National
Development
Corp.
is
a
multi-faceted
international
real
estate
development,
sales
and
management
company.
The
Company's
development
efforts
are
focused
in
four
major
areas:
residential
development,
resort
properties,
commercial
development
and,
indirectly,
through
a
majority-owned
subsidiary,
senior
and
assisted
living
facilities.
The
Company's
projects
include
current
and
planned
developments
in
Mexico
and
the
United
States,
with
a
primary
focus
on
large-scale,
multi-use
projects
in
Northern
Baja
California,
Mexico.
The
Company
started
buying
property
in
1991
some
50
miles
south
of
the
San
Diego
border,
in
a
region
known
as
the
Gold
Coast,
the
stretch
of
land
in
between
Tijuana
and
Ensenada.
The
Company
is
also
actively
pursuing,
through
a
majority-owned
subsidiary,
the
development
of
assisted
living
facilities,
primarily
in
the
southwestern
United
States,
to
meet
the
growing
need
for
well-person
care
for
aging
baby
boomers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TNAV
develops,
sells,
and
manages
real
estate
projects
in
the
U.S.,
Canada
and
Mexico.
The
Company
is
divided
into
four
categories:
resort
properties,
residential
development,
commercial
development
and
assisted
living.
For
the
nine
months
ended
1/31/01,
total
revenues
decreased
94%
to
$12
thousand.
Net
loss
fell
59%
to
$2.3
million.
Revenues
suffered
from
decreased
sales.
Lower
loss
reflects
a
decrease
in
costs
associated
with
short-term
promissory
notes. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Michael Sunstein, 59 Pres,
CEO, Director | $144K | Gilbert Fuentes, 69 CFO | 84K | Paul Goss, 58 VP,
Gen. Counsel, Legal Counsel - U.S | 61K | Bersain Gutierrez, 44 VP
Legal Counsel, Mexico | -- | Jerry Parker, M.D., 64 VP-
Medical Devel. | -- | Dollar amounts are as of 30-Apr-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|