Aubryn International Inc. Prepares for Nasdaq Filing.UPLAND Upland, city (1990 pop. 63,374), San Bernardino co., S Calif., in a citrus-fruit region at the foot of the San Gabriel Mts.; inc. 1906. Citrus fruits and grapes are packed and processed in the city. Paint, orchard heaters, auto parts, and feed products are also made. , Calif.--(BUSINESS WIRE)--Oct. 12, 1998--Aubryn International Inc. (ARBN ARBN Australian Registered Body Number ARBN Asian Rice Biotechnology Network ARBN Australian Registered Business Number ARBN African Rice Blast Nursery ), a diversified California-based company that operates in three distinct industries, Monday announced that the company is preparing its application for Nasdaq and anticipates filing within the next three weeks. The company is also preparing its 10Q for filing by Nov. 1, 1998. R. Bruce Harris Bruce Harris (born 1955 in Scotland, United Kingdom) is the disgraced former executive director of Casa Alianza, from 1989 to September 2004. He was dismissed from this post after admitting he had paid a young adult male, who had earlier been in the care of Casa Alianza, for sex. , chief executive officer, stated that third quarter revenue from the company's Automotive and Shoe Division exceeded $1 million with net income of $250,000. This represents a 300% increase over the same period (9/30/97) last year. In addition, the company's Real Estate Division reflects gross sales Gross Sales A measure of overall sales that isn't adjusted for customer discounts or returns, calculated simply by adding all sales invoices, and not including operating expenses, cost of goods sold, payment of taxes, or any other charge. of $1 million with net income over $200,000 for the period ending 9/30/98, a 100% increase over the same period (9/30/97) of last year. The company also announced that negotiations of the final terms of a Joint Venture Agreement are underway with the two largest insurance companies operating in northern China which will allow continued expansion of the company's automotive warranty products. Aubryn's Footwear Division manufactures and sells innovative trend setting footwear in China, the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Mexico. The Footwear Division has two manufacturing plants located in its 10-acre facility in The Republic of China and is the licensee licensee n. a person given a license by government or under private agreement. (See: license, licensor) LICENSEE. One to whom a license has been given. 1 M. Q. & S. 699 n. for MURO, USA in the United States and Canada. The Automotive Division is the leading provider of auto warranty and insurance products in China and its Real Estate Division designs, develops and sells resort property in Baja, Calif. The company is on target with forecasted sales of $16 million for 1998. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion