| | Business Summary | | J.A.B.
International,
Inc.
was
incorporated
in
1982
and
operated
as
a
mining
and
mineral
development
company
until
April
17,
1989,
at
which
time
its
mining
operations,
all
of
which
had
been
conducted
through
the
Brush
Creek
Joint
Venture
(BCJV)
(40%
owned)
were
terminated.
Shortly
thereafter,
the
Company
became
actively
engaged
in
acquiring
additional
mineral
properties,
raising
capital
and
preparing
properties
for
resumed
production.
The
Company
did
not
have
any
significant
operations
or
activities
from
April
17,
1989
through
June
30,
1989,
and
suspended
all
mining
operations
and
reduced
its
activities
to
a
care
and
maintenance
level.
Accordingly,
the
Company
is
deemed
to
have
re-entered
the
development
stage
effective
July
1,
1989.
On
April
14,
1999,
the
Company
merged
with
J.A.B.
International
Trading,
Inc.,
a
Florida
corporation,
with
the
Company
as
the
surviving
corporation.
In
connection
with
the
merger,
the
Company
changed
its
name
to
J.A.B.
International,
Inc. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | J.A.B.
International,
Inc.
is
engaged
in
the
exploration
and
development
of
gold
and
diamond
mining
properties.
For
the
nine
months
ended
3/31/01,
revenues
decreased
43%
to
$4
thousand.
Net
loss
increased
19%
to
$333
thousand.
Revenues
reflect
decreased
interest
income
and
the
effect
of
no
material
revenues
from
mining
operations.
Net
loss
reflects
an
increase
in
general
and
administrative
expenses
and
the
inclusion
of
interest
expense. | | More
from
Market Guide: Significant
Developments |
| | | | FY1998 Pay | |
| James Chapin, 43
Chairman
of Directors, CEO and Chief Financial Officer | $160K | | Dollar
amounts are as of 30-June-1998 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
|
|
