BNET Industries

Market Cap:$13.1K
Last Fiscal Year Sales:$359.1K
  • Public
  • US
Dow Jones Description

American Asset Management Corporation (the Company), conducts its business through its wholly-owned subsidiary, Capital Financial Corp. (Capital), a licensed mortgage banking company in New Jersey. Unless otherwise indicated, all references to the Company in this report includes the Company and its subsidiaries. The Company was incorporated in the State of New Jersey on July 1, 1988. CERTAIN BUSINESS DEVELOPMENTS DURING 2002, 2003 AND 2004 Between December 2001 and December 2002, the Company sold an aggregate of $235,000 of its 10% Cumulative Convertible Participating Preferred Stock to one of its directors and two non-affiliated accredited investors. During 2004, the Company secured financing in the form of notes payable from related parties in the amount of $320,000. BUSINESS - CAPITAL FINANCIAL CORP. The Company, through Capital, is primarily engaged in mortgage banking activities which involves the origination and sale of residential first mortgage loans collateralized by one to four family homes.

Founder and President of American Asset Management
Julian Rubinstein
Number of Employees 2
Contact Information

1280 Route 46 West

Parsippany, New Jersey 07054

9732998713

NAICS Code Real Estate Credit: 522292

Decision Makers

Name (plus bio) Position
Julian Rubinstein Founder and President of American Asset Management

Organization Position Status
American Asset Management Corp Founder and President of American Asset Management Current
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     AAMC $0.01 0.00 (0.00% )
Average Volume 53
Shares Outstanding 918.12K
Market Cap 9.2K
Year High 0.02
Year Low 0.01
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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