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Royal American Corporation is a public holding company, organized
September 24, 1959 under the business corporation laws of the
State of Louisiana. The corporation was subject to federal securities
reporting pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934 and is now inactive having been granted non-reporting
status after the corporation voluntarily requested release from
reporting.
After a twenty-five year cooling off period, the company is now
poised to achieve a sucsessful business plan having expounged
itself of assets accumulated over its prior history. The two
notable steps in this plan are: (1) Return to S.E.C. reporting
status, and (2) Aquire a new "promising" significant
asset.
RETURN TO REPORTING STATUS
A request to return to reporting status requires an audited financial
statement prepared by an S.E.C. recongnized Certified Public
Account (CPA). The financial activities of Royal American have
been such in its immediate past history that an audit would be
quick, and inexpensive.
The effective control of Royal American rests with one shareholder
and is available for immediate transfer.. |
