| Business Summary | | Discovery
Investments,
Inc.
has
no
operations.
The
Company's
current
purpose
is
to
seek,
investigate
and,
if
such
investigation
warrants,
acquire
an
interest
in
business
opportunities
presented
to
it.
The
Company
has
no
particular
acquisitions
in
mind
and
has
not
entered
into
any
negotiations
regarding
such
an
acquisition.
On
December
10,
1999,
the
Company
entered
into
a
Plan
and
Agreement
of
Reorganization
with
LLO-Gas,
Inc.
and
LLO-Gas,
Inc.
became
a
wholly
owned
subsidiary
of
the
Company.
On
June
7,
2000,
LLO-Gas,
Inc.
filed
a
Voluntary
Petition
under
Chapter
11
of
the
Bankruptcy
Code
in
the
United
States
Bankruptcy
Court.
The
Chapter
7
Bankruptcy
liquidation
is
currently
pending
and
effects
LLO-Gas,
Inc.
and
not
the
Company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | DCIV
currently
has
no
operations.
Prior
to
2000,
the
Co.
owned
and
operated
seven
ARCO
am/pm
gas
station/mini
market
convenience
stores
in
California
and
Arizona
and
owned
one
``card
lock''
gasoline
and
diesel
dispensing
facility
in
Mammoth,
CA.
For
the
six
months
ended
6/30/01,
the
Company
reported
no
revenue.
Net
loss
fell
52%
to
$87
thousand.
Results
reflect
a
decrease
in
general,
selling
and
administrative
expenses
and
lower
interest
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Kimberly Lynn Jack, 31 | Pres,
Director | Scott Jack, 34 | Sec.,
Treasurer, Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|