UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QSB
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the Quarter Ended September 30, 2000
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
Commission File Number 0-25753
JAGUAR INVESTMENTS, INC.
(Exact name of small business issuer as specified in its charter)
Nevada 87-0449667,
(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
7025 E 1st Ave., Suite 5, Scottsdale, AZ 85251
(Address of principal executive offices)
Registrant's telephone no., including area code: (480) 945-2232
Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months (or
for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.
[]Yes [X] No
APPLICABLE ONLY TO CORPORATE ISSUERS
State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date.
Class Outstanding as of September 30, 2000
Common Stock, $.001 par value 1,310,000
1
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JAGUAR INVESTMENTS, INC.
(A Development Stage Company)
TABLE OF CONTENTS
Part I Financial Information Page
Item 1. Financial
Statements: 3
Condensed Balance Sheets September 30, 2000 (unaudited) 3
and December 31, 1999 4
Condensed Statements of Operations for the three and nine 3
months ended September 30, 2000 and 1999 (unaudited),
and cummulative from inception on October 28, 1987 through
September 30, 2000
Condensed statements of stockholders' equity from inception 4
on October 28, 1987 through September 30, 2000
Condensed Statements of Cash Flows for the nine months ended 5
September 30, 2000 and 1999 (unaudited), and cummulative
from inception on October 28, 1987 through September 30, 2000
Notes to Financial Statements (unaudited) 6
Item 2. Plan of operation 6
Part II Other Information 7
PART I
To the Board of Directors
Jaguar Investments, Inc.
Salt Lake City, Utah
We have reviewed the accompanying condensed balance sheet of Jaguar Investments,
Inc. as of September 30, 2000 and the related condensed statements of
operations, stockholders' equity (deficit), and cash flows for the three and
nine months ended September 30, 2000 and 1999, in accordance with Statements for
Accounting and Review Services issued by the American institute of Certified
Public Accountants. All information included in these financial statements is
the representation of the management of Jaguar Investments, Inc.
The accompanying financial statements should be read in conjunction with the
audited financial statements as of December 31, 1999, wherein all notes to
financial statements at that date are presented. Accordingly, those disclosures
have been omitted from the financial statements referred to above, as they are
considered to have continuing application.
A review consists principally of inquiries of company personnel and analytical
procedures applied to financial data. It is substantially less in scope than an
audit in accordance with generally accepted auditing standards, the objective of
which is the expression of an opinion regarding the financial statements taken
as a whole. Accordingly, we do not express such an opinion.
Based on our reviews, we are not aware of any material modifications that should
be made to the accompanying financial statements in order for them to be in
conformity with generally accepted accounting principles.
Our review was made for the purpose of expressing limited assurance that there
are no material modifications that should be made to the financial statements in
order for them to be in conformity with generally accepted accounting
principles.
/s/ Ivan Braverman
Braverman & Company, P.C.
Phoenix, Arizona
December 5, 2000
Item 1. Financial Statements
The following unaudited Financial Statements for the period ended September 30,
2000, have been prepared by the Company.
JAGUAR INVESTMENTS, INC. FINANCIAL STATEMENTS September 30, 2000 and December
31, 1999
2
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JAGUAR INVESTMENTS, INC
(A Development Stage Company)
CONDENSED BALANCE SHEETS
September 30, December 31,
2000 1999
(unaudited)
ASSETS
CURRENT ASSETS
Cash $ 48 $ 48
Total Current Assets $ 48 $ 48
$ 48 $ 48
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
CURRENT LIABILITIES
Accounts payable $ 500 $ 500
Accounts payable-related party 300 300
Total Current Liabilities 800 800
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock, par value $.001, 20,000,000 shares
authorized, 1,310,000 issued and 1,310 1,310
outstanding
Paid-in capital 2,860 2,860
Contributed capital 9,877 8,477
(Deficit) accumulated during the (14,799) (13,399)
development stage
Total Stockholders' Equity (Deficit)
(752) (752)
$ 48 $ 48
The accompanying notes are an integral part of the unaudited financial
statements
JAGUAR INVESTMENTS, INC.
(A Development Stage Company)
CONDENSED STATEMENTS OF OPERATIONS
(UNAUDITED)
<TABLE>
<CAPTION>
Cummulatice
from
Three Months Ended Nine Months Ended (Inception)
to
September 30, September 30, September 30,
2000 1999 2000 1999 2000
<S> <C> <C> <C> <C> <C>
REVENUES $ - $ - $ - $ - $ -
-
EXPENSES
General and 1,400 567 1,400 11,022 14,799
administrative
Interest - - -
1,400 567 1,400 11,022 14,799
NET( LOSS) $ (1,400) $ (567) $ (1,400) $(11,022)$(14,799)
===========================================================
NET(LOSS) PER $ (0.00) $(0.00) $ (0.00) $ (0.01)
SHARE
===========================================================
WEIGHTED AVERAGE
NUMBER OF
COMMON 1,310,000 1,310,000 1,310,000 1,310,000
SHARES
OUTSTANDING
===========================================================
</TABLE>
The accompanying notes are an integral part of the unaudited financial
statements
3
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JAGUAR INVESTMENTS, INC.
(A Development Stage Company)
CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)
(UNAUDITED)
<TABLE>
<CAPTION>
(Deficit)
Accumulated
During the
Common Stock Paid-in Contirbuted Development
Shares Amount Capital Capital Stage Total
<S> <C> <C> <C> <C> <C> <C>
- $ - $ - $ - $ - $ -
1,310,000 1,310 2,860 8,477 $ 12,647
(13,399) $(13,399)
1,310,000 - 1,310 - 2,860 - 8,477 - (13,399) - (752)
1,400 1,400
(1,400) (1,400)
1,310,000 1,310 2,860 9,877 (14,799) (752)
==================================================================
</TABLE>
The accompanying notes are an integral part of the unaudited financial
statements
4
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JAGUAR INVESTMENTS, INC.
(A Development Stage Company)
CONDENSED STATEMENTS OFCASH FLOWS
(UNAUDITED)
<TABLE>
<CAPTION>
Cummulative
from
October 28,
1987
Nine Months Ended (Inception)
September 30, to
2000 1999 September 30,
2000
<S> <C> <C> <C>
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss $ (1,400) $(11,022) $ 14,799)
Adjustments to reconcile net loss to
net cash used by operating activities:
Capital contributed for services 1,400 8,477 9,877
Capital stock issued for services
270
Changes in operating assets and liabilities:
Increase (decrease) in accounts payable 250 800
Net Cash Used by Operating Activities - (2,295) (3,852)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common stock - - 3,900
NET (DECREASE) IN CASH - (2,295) 48
CASH AT BEGINNING OF PERIOD 48 2,540 -
CASH AT END OF PERIOD $ 48 245 $ 48
</TABLE>
The accompanying notes are an integral part of the unaudited financial
statements
5
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JAGUAR INVESTMENT, INC.
(A Development Stage Company)
Notes to the Financial Statements
September 30, 2000
Note 1. BASIS OF PRESENTATION
In the opinion of management, the accompanying unaudited condensed financial
statements have been prepared in accordance with generally accepted accounting
principles for interim financial information and with the instructions to Form
10-QSB. Accordingly, they do not include all of the information and footnotes
required by generally accepted accounting principles for complete financial
statements. In the opinion of management, all adjustments (consisting of normal
recurring accruals) considered necessary for a fair presentation of the
Company's financial position as of September 30, 2000 and the results of its
operations and cash flows for the periods ended September 30, 2000 and 1999.
Operating results for the nine months ended September 30, 2000 are not
necessarily indicative of the results that may be expected for the year ended
December 31, 2000.
These condensed financial statements should be read in conjunction with the
financial statements and notes thereto contained in the Company's Form 10-KSB
for the year ended December 31, 1999
ITEM 2. PLAN OF OPERATION
For the near term, the Company continues to seek merger and/or acquisition
candidates. It has had no operations since inception and is financially
dependent on its shareholders, who have financed its existence to date.
Management of the Company believes that its shareholders will continue to
provide the finances the Company requires, without the need to raise additional
capital.
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PART II
Item 1. Legal Proceedings
There are presently no other material pending legal proceedings to which the
Company or any of its subsidiaries is a party or to which any of its property is
subject and, to the best of its knowledge, no such actions against the Company
are contemplated or threatened.
Item 2. Changes In Securities and Use of Proceeds
This Item is not applicable to the Company.
Item 3. Defaults Upon Senior Securities
This Item is not applicable to the Company.
Item 4. Submission of Matters to a Vote of Security Holders
This Item is not applicable to the Company.
Item 5. Other Information
This Item is not applicable to the Company.
Item 6. Exhibits and Reports on Form 8-K
(a) Exhibit 27 - Financial Data Schedules
(b) Reports on Form 8-K
No report on Form 8-K was filed by the Company during the six month period ended
September 30, 2000.
SIGNATURES
In accordance with the requirements of the Securities Exchange Act of 1934, the
Registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
JAGUAR INVESTMENTS, INC.
Date: December 7, 2000 By: /s/ Rodger D.Spainhower,
Secretary/Treasurer
7
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