CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for American Resources & Development Company is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

American Resources & Development Company
5891 Sagewood
Phone: 801-230-1030p:801-230-1030 Murray, UT  84107  United States Ticker: ADCOADCO
This company is no longer actively traded on any major stock exchange.
Business Summary
American Resources & Development Company (ARDCO) is focused on investing in the futures option market. The Company’s investment objective is to take advantage of trading the RANGE of the market rather than the DIRECTION of the market. Significantly, out-of-the-money call and put option contracts on the S&P 500 Futures (the underlying) market are sold with 30 to 40 days remaining prior to each monthly expiration. ARDCO makes use of the time decay of these out-of-the-money options as the market stays between the two selected strike price levels. This strategy is called The Short Strangle. The profit is earned through the time decay of the option contracts (sell high then buy back low). The Company focuses, through its wholly owned subsidiary, Springfield Finance and Mortgage Company, LLC (SFMC), to take advantage of intraday price momentum changes by executing trades from both the long (buy) side and the short (sell) side.
(Source: 10-K)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20093/31/2009YesYes---

Industries
SIC Code Description
6799 Investors, not elsewhere classified
6221 Commodity contracts brokers and dealers

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President, Director Thomas E.Stamos 52 7/25/2003 7/25/2003
Vice President, Director R. BrookeWilliamsen 48 7/25/2003 7/25/2003

Business Names
Business Name
ADCO
American Resources & Development Company

General Information
Number of Employees: 83 (As of 3/31/2001)
Outstanding Shares: 467,039,666 (As of 8/7/2009)
Shareholders: 1,339
Stock Exchange: OTC
Federal Tax Id: 870401400


Copyright © 2023 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Saturday, July 22, 2023