BNET Industries

Market Cap:$19.7K
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.

Number of Employees 2
Contact Information

1280 Route 46 West

Parsippany, New Jersey 07054

9732998713

NAICS Code Real Estate Credit: 522292

News & Analysis

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american asset management corp. - All News and Analysis

  • Ellen Heller Joins Slayton Search Partners

    - 2008-12-08

    NEW YORK -- Executive search firm Slayton Search Partners announced today that Ellen Heller has joined their New York office, and will be based out of Boston. Ellen will serve as a Managing Director in the Firm's Financial Services Practice focusing on Asset Management and Wealth Management. Her addition to...

  • American Realty Advisors Hires Director Within Its Asset Management Team

    - 2008-09-29

    American Realty Advisors is pleased toannounce that Brian Lantz has joined the firm as Director, Asset Managementfor the Midwest and Northeast regions. American welcomes Mr. Lantz whowill be based in its Chicago office. The addition of Mr. Lantz willenhance the depth and experience of American's asset management team...

  • Nth American firm may be suitor.

    - 2007-01-29

    Byline: Robert Harley Jan 29, 2007 (The Australian Financial Review - ABIX via COMTEX) -- There is speculation that a North American asset manager may be the bidder for Australian developer, Multiplex. Brookfield has assets under management of over $US50 billion ($A65.7 billion)...

  • Stock Market Analysis

    - 2006-12-14

    MARK HAINES, CNBC ANCHOR: We are back. Let`s take a look at the markets. The Dow is up 16 points, the Nasdaq is up almost 10. The S&P doing nicely too, up 2 -- more than 2.5. OK. Our next guest says...

  • Stock Markets Analysis

    - 2006-05-02

    MARIA BARTIROMO, CNBC ANCHOR: And let`s talk strategy right now. How should investors be interpreting the Fed`s message and more importantly, how should investors being investing based on that? Joining me now, Fred Dickson, chief market strategist at D.A. Davidson & Company and Joseph...

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 179
Shares Outstanding 918.12K
Market Cap 13.8K
Year High 0.04
Year Low 0.015
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

Financial Services Industry Companies

Company Employer Rating
Wells Fargo 3.3
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