| Business Summary | | American
Absorbents
Natural
Products,
Inc.,
through
its
wholly
owned
subsidiary,
American
Absorbents,
Inc.,
offers
a
number
of
products
using
volcanically
derived
minerals
known
as
zeolites.
At
present
the
Company
has
one
primary
source
for
its
zeolite,
located
on
unpatented
mining
claims
in
the
Harney
Basin
near
Burns,
Oregon.
The
Company,
through
American
Absorbents,
Inc.,
currently
markets
a
number
of
odor
and
gas
adsorption
products
and
proposes
to
expand
its
marketing
efforts
significantly
in
the
future.
The
Company's
zeolite
products
are
used
primarily
for
odor
control,
gas
or
liquid
adsorption,
the
slow
release
of
nutrients
into
the
soil
and
as
animal
feed
supplements.
Throughout
the
year
ended
January
31,
2001,
the
Company
continued
to
produce
and
market
several
other
products
that
use
the
natural
zeolite
mineral
mined
from
its
claims,
targeted
at
the
retail
and
agricultural
consumable
products
area
and
the
turf
grass
industry. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | American
Absorbents
markets
a
number
of
products
using
a
volcanic
mineral
known
as
zeolite,
which
are
used
primarily
for
odor
control,
gas
or
liquid
absorption,
the
slow
release
of
nutrients
into
the
soil
and
as
animal
feed
supplements.
For
the
three
months
ended
4/30/01,
revenues
totaled
$3
thousand,
up
from
$1
thousand.
Net
loss
before
extraordinary
item
fell
38%
to
$124
thousand.
Results
reflect
higher
sales,
partially
offset
by
lower
gross
margins
due
to
damage
to
inventory. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Robert Bitterli, 43 Chairman,
Pres, CEO | $18K | David Scott, 36 CFO | -- | James Haake, 50 COO | -- | Dollar
amounts are as of 31-Jan-2000 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
|
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