Saxton Incorporated (SXTN/SXTN.PK) Wrap Up:

Saxton Incorporated, a diversified real estate company, specializes principally in the affordable homebuilding industry, operating in the Las Vegas, Phoenix, Salt Lake City and Reno markets. Its business is comprised of four components: the design, development, construction and sale of single-family homes; the performance of design-build services for third-party clients, including tax credit partnerships; the design, development and construction of income producing portfolio properties; and property operations and management. The properties consist of office and industrial buildings, retail centers, apartments, single-family homes and land in various phases of development. The company also has non-controlling interests in joint ventures that are engaged in the acquisition, development, ownership and operation of real property. Saxton Incorporated filed a Form 15 with the Securities and Exchange Commission terminating its responsibility to file reports with the SEC, in April 2001.