| Business Summary | | Nevada
Manhattan
Group,
Inc.
was
organized
to
acquire,
explore,
develop,
finance
and
sell
mining
and
timber
rights
and
properties.
During
and
subsequent
to
the
year
ended
May
31,
1999,
the
Company
ceased
to
operate
any
of
its
holdings
and
all
operations
have
been
shut
down.
The
Company
maintains
an
interest
in
a
gold
exploration
property
located
near
Tonopah,
Nevada.
The
Nevada
Property
consists
of
28
patented
and
118
unpatented
claims
aggregating
approximately
1,800
acres. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Nevada
Manhattan
Group
maintains
an
interest
in
a
gold
exploration
property
located
near
Tonopah,
Nevada.
For
the
fiscal
year
ended
5/31/99,
revenues
totalled
$0
vs.
$42
thousand.
Net
loss
from
continuing
operations
applicable
to
Common
rose
27%
to
$13.5
million.
Results
reflect
an
increase
in
general
and
administrative
expenses,
higher
interest
expense,
and
increased
impairment
of
mineral
properties
and
timber
investment. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | John Deniken, 61 | Chairman,
CEO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|