Gundaker/Jordan American Holdings 12-31-04 10-KSB

                                United States
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549



                                 FORM 10-QSB



            QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                          SECURITIES EXCHANGE ACT OF 1934


               For the Quarterly Period Ended: September 30, 2004


                       Commission File Number:  0-18974



                    GUNDAKER/JORDAN AMERICAN HOLDINGS, INC.
       (Exact name of small business issuer as specified in its charter)



             Florida                                 65-0142815
(State or other jurisdiction of          (IRS Employer Identification No.)
incorporation or organization)



      2458 Old Dorsett Road, Suite 118, Maryland Heights, MO  63043
                   (Address of principal executive offices)


                                 (660) 775-2589
                          (Issuer's telephone number)


                        Jordan American Holdings, Inc.
           (Former Name of registrant as specified in its charter)


Check whether the Issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act 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 [ ] No [X].


As of November 15, 2004, there were 14,217,266 shares of common stock, par
value $0.001 per share, outstanding.


Transitional Small Business Disclosure Format (check one):  Yes [ ] No [X].






                               TABLE OF CONTENTS


                                                                  Page
PART I. FINANCIAL INFORMATION

   Item 1. Financial Statements

           Condensed Balance Sheets as of September 30, 2004
           and December 31, 2003 (unaudited)                       3-4

           Condensed Statements of Operations for the three
           and nine month periods ended September 30, 2004 and
           2003 (unaudited)                                         5

           Condensed Statements of Cash Flows for the nine
           month periods ended September 30, 2004 and 2003
           (unaudited)                                              6

           Condensed Statement of Stockholders' Equity
           (Deficit) for the nine month period ended
           September 30, 2004 (unaudited)                           7

           Notes to Condensed Financial Statements
           (unaudited)                                             8-9

   Item 2. Management's Discussion and Analysis of
           Financial Condition and Results of Operations          10-13

   Item 3. Controls and Procedures                                 13

PART II.  OTHER INFORMATION

   Item 1. Legal Proceedings                                       14
   Item 2. Changes in Securities                                   14
   Item 3. Defaults Upon Senior Securities                         15
   Item 4. Submission of Matters to a Vote of Security Holders     15
   Item 5. Other Information                                       16
   Item 6. Exhibits and Reports on Form 8-K                        16

Signatures                                                         16

Certifications

     Exhibit 31
     Exhibit 32











                                    2

ITEM 1.  FINANCIAL STATEMENTS

                   GUNDAKER/JORDAN AMERICAN HOLDINGS, INC.
                          CONDENSED BALANCE SHEETS
                               (Unaudited)

                                              September 30,    December 31,
                                                  2004             2003
                                              -------------    ------------

ASSETS

CURRENT ASSETS
 Cash                                         $     9,951     $    18,886
 Investment advisory fees receivable                 -                984
 Deposit with clearing broker                      25,226          24,602
 Interest receivable                                9,654          31,759
 Receivable from stockholders                        -             29,998
 Other receivables                                  1,176           2,283
 Prepaid expenses                                     332           1,030
                                              -----------     -----------
     Total current assets                          46,339         109,542

FIXED ASSETS
 Property and equipment (net of accumulated
  depreciation of $28,730 and $27,125,
  respectively)                                    12,522          14,457

OTHER ASSETS
 Boston Restaurant debentures                     300,000         350,000
                                              -----------     -----------

TOTAL ASSETS                                  $   358,861     $   473,999
                                              ===========     ===========






















The accompanying notes are an integral part of these financial statements.


                                    3


                    GUNDAKER/JORDAN AMERICAN HOLDINGS, INC.
                           CONDENSED BALANCE SHEETS
                                (Unaudited)
                                (continued)

                                              September 30,    December 31,
                                                  2004             2003
                                              -------------    ------------
LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
 Accounts payable and accrued expenses        $   200,432     $   222,645
 Payable to stockholder                           392,519            -
 Deposits                                         163,833         156,333
 Deferred revenues                                  1,301           1,034
                                              -----------     -----------
     Total current liabilities                    758,085         380,012

STOCKHOLDERS' EQUITY (DEFICIT)
 Preferred stock variable rate, cumulative,
  convertible, non-voting, $0.01 par value,
  $1.00 liquidation value, authorized
  5,000,000 shares issued and outstanding,
  2,000,000                                        20,000          20,000
 Common stock $0.001 par value, authorized,
  20,000,000,000 shares: issued and
  outstanding 14,217,266 shares                    14,217          14,217
 Additional paid-in capital                     4,463,657       4,463,657
 Accumulated deficit                           (4,897,098)     (4,403,887)
                                              -----------     -----------
     Total Stockholders' Equity (Deficit)        (399,224)         93,987
                                              -----------     -----------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY    $   358,861     $   473,999
                                              ===========     ===========



















The accompanying notes are an integral part of these financial statements.


                                    4



                    GUNDAKER/JORDAN AMERICAN HOLDINGS, INC.
                      CONDENSED STATEMENTS OF OPERATIONS
                               (Unaudited)

<TABLE>
<CAPTION>

                                                  Three Months              Nine Months
                                               Ending September 30,     Ending September 30,
                                                2004         2003         2004        2003
                                             ----------   ----------   ----------  ----------
<S>                                          <C>          <C>          <C>         <C>
Revenue
 Commission income                           $    4,050   $   19,576   $   41,450  $   67,783
 Investment advisory fees                         2,154         -          11,749        -
                                             ----------   ----------   ----------  ----------

Total revenue                                     6,204       19,576       53,199      67,783

Operating expenses:
 General administrative expenses                514,885       58,351      581,597     292,659
                                             ----------   ----------   ----------  ----------
Income (Loss) from operations                  (508,681)     (38,775)    (528,398)   (224,876)

Other income (expense):
 Dividend and interest income                    10,302       16,094       35,252      47,929
 Other income (net)                                -           6,427           75      22,727
                                             ----------   ----------   ----------  ----------
  Total other income                             10,302       22,521       35,327      70,656
                                             ----------   ----------   ----------  ----------

DISCONTINUED OPERATIONS
 Loss on disposals of assets                       -         (32,074)        -        (32,074)

Income (loss) before income tax               (498,379)      (48,328)    (493,071)   (186,294)

  Income taxes                                    -             (260)        (140)     (1,326)
                                             ----------   ----------   ----------  ----------
Net income (loss)                            $ (498,379)  $  (48,588)  $ (493,211) $ (187,620)
                                             ==========   ==========   ==========  ==========

Net income (loss) per share                  $    (0.04)  $    (0.00)  $    (0.03) $    (0.01)
                                             ==========   ==========   ==========  ==========

Weighted average shares of common stock
 outstanding                                 14,217,266   14,217,266   14,217,266  14,217,266
                                             ==========   ==========   ==========  ==========
Diluted                                      14,217,266   14,217,266   14,217,266  14,217,266
                                             ==========   ==========   ==========  ==========

</TABLE>












                                    5

                    GUNDAKER/JORDAN AMERICAN HOLDINGS, INC.
                      CONDENSED STATEMENTS OF CASH FLOWS
                                (Unaudited)
                                                   Nine Months Ending
                                               September 30,  September 30,
                                                   2004           2003
                                               -------------  -------------
CASH FLOWS FROM OPERATIONS
Net income (loss)                              $  (493,211)    $  (187,620)

Adjustments to reconcile net income (loss) to
 net cash flows from operations:
  Depreciation and amortization                      2,415           6,718
  Loss on disposal of assets                          -            108,901
  Changes in operating assets and liabilities:
   Investment advisory fees                            984          (3,931)
   Clearing broker                                    (624)          2,627
   Interest receivable                              22,105            -
   Deposits payable                                   -           (131,333)
   Other receivables                                 1,106          (9,016)
   Receivable from shareholders                    422,517         (38,873)
   Other assets                                        698           4,040
   Accrued expenses and accounts payable           (22,213)        166,728
   Deferred revenue                                    267          (4,453)
                                               -----------    ------------
     Net cash used by operating activities         (65,956)        (86,212)

CASH FLOWS FROM INVESTING ACTIVITIES
 Proceeds from debenture and marketable
  securities                                        50,000          50,000
 Capital expenditures                                 (479)           -
                                               -----------    ------------
     Net cash provided by investing activities      49,521          50,000

CASH FLOWS FROM FINANCING ACTIVITIES
 Increase in deposit liability                       7,500            -
                                               -----------    ------------
Net decrease in cash                                (8,935)        (36,212)

Cash, beginning of period                           18,886          36,570
                                               -----------    ------------
Cash, end of period                            $     9,951    $        358
                                               ===========    ============












The accompanying notes are an integral part of these financial statements.

                                    6



                    GUNDAKER/JORDAN AMERICAN HOLDINGS, INC.
                      STATEMENT OF STOCKHOLDERS' EQUITY
                 For the Nine Months Ended September 30, 2004

<TABLE>
<CAPTION>

                                                            Additional                   Total
                     Preferred Stock       Common Stock      Paid-In    Accumulated   Stockholders'
                    Shares    Amount     Shares    Amount    Capital      Deficit        Equity
                   ---------  -------  ----------  -------  ----------  -----------   -------------
<S>                <C>        <C>      <C>         <C>      <C>         <C>           <C>
Balance, December
 31, 2003          2,000,000  $20,000  14,217,266  $14,217  $4,463,657  $(4,403,887)   $  93,987

Net loss                -        -           -        -           -        (493,211)    (493,211)
                   ---------  -------  ----------  -------  ----------  -----------    ---------

Balance, September
 30, 2004          2,000,000  $20,000  14,217,266  $14,217  $4,463,657  $(4,897,098)   $(399,224)
                   =========  =======  ==========  =======  ==========  ===========    =========

</TABLE>


































The accompanying notes are an integral part of these financial statements.

                                    7


                    GUNDAKER/JORDAN AMERICAN HOLDINGS, INC.
                         NOTES TO FINANCIAL STATEMENTS
                              September 30, 2004
                                 (Unaudited)

NOTE 1 - BASIS OF PRESENTATION

The accompanying unaudited condensed financial statements of GUNDAKER/JORDAN
AMERICAN HOLDINGS, INC. ("the Company") are presented in accordance with the
requirements for Form 10-Q and Article 10 of Regulation S-X and Regulation
S-B.  Accordingly, they do not include all of the disclosures required by
generally accepted accounting principles.  In the opinion of management, all
adjustments (all of which were of a normal recurring nature) considered
necessary to fairly present the financial position, results of operations, and
cash flows of the Company on a consistent basis, have been made.

These results have been determined on the basis of generally accepted
accounting principles and practices applied consistently with those used in
the preparation of the Company's Annual Financial Statements for the years
ending December 31, 2003.  Operating results for the nine months ending
September 30, 2004 are not necessarily indicative of the results that may be
expected for the year ended December 31, 2004.

The Company recommends that the accompanying condensed financial statements
for the interim period be read in conjunction with Form 10-KSB for the year
ending December 31, 2003.

Use of estimates
----------------
The financial statements have been prepared in conformity with accounting
principles generally accepted in the United States of America.  In preparing
the financial statements, management is required to make estimates and
assumptions that affect the reported amounts of assets and liabilities as of
the date of the statements of financial condition and revenues and expenses
for the year then ended. Actual results may differ significantly from those
estimates.

Net Loss Per Share
------------------
Basic loss per weighted average common share is computed by dividing the net
loss by the weighted average number of common shares outstanding during the
period.  Common stock equivalents are excluded from the computation for the
nine months ended September 30, 2004, as their effect is anti-dilutive.















                                    8


                    GUNDAKER/JORDAN AMERICAN HOLDINGS, INC.
                         NOTES TO FINANCIAL STATEMENTS
                              September 30, 2004
                                 (Unaudited)

NOTE 2 - AMENDMENT TO ARTICLES OF INCORPORATION

On September 15, 2003, the Company held a shareholder meeting in which the
name of the Company was changed to "Gundaker/Jordan American Holdings, Inc."
The Board believes that the Company can develop more extensive brand-name
recognition in the marketplace through the consistent use of the
"Gundaker/Jordan" name.  In addition, the total number of authorized common
shares was increased from 20,000,000 to 20,000,000,000.  These changes are
retroactively presented in these condensed financial statements.

NOTE 3 - GOING CONCERN

The Company's financial statements have been presented on the basis that it is
a going concern, which contemplates the realization of assets and the
satisfaction of liabilities in the normal course of business.

The Company has suffered significant losses, has a working capital deficit as
of the date of this report, and possesses minimal ongoing sources of income
consisting primarily of trailing commissions.  The Company hopes to obtain
funding, via loans or private placements of stock to pay off debt and provide
working capital.  Management has no current plan to seek capital in the form
of loans or stock private placements at this time.

The Company's ability to continue as a going concern is dependent upon its
ability to develop additional sources of capital and ultimately, to achieve
profitable operations.  The accompanying financial statements do not include
any adjustments that might result from the outcome of these uncertainties.
Management is seeking new capital and opportunities to revitalize the Company.

























                                    9


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
         CONDITION AND RESULTS OF OPERATIONS

Certain statements contained in this report, including statements concerning
the Company's future cash and financing requirements, and other statements
contained herein regarding matters that are not historical facts, are forward
looking statements; actual results may differ materially from those
anticipated.

Company Background and Change in Control
----------------------------------------

On November 2, 2002, Wallace Neal Jordan reclaimed control of Jordan American
Holdings.  At that point, the attempted hostile takeover of the company had
failed, and the rebuilding and restructuring of the company began.

The battle for control of the company had included a proxy battle, which was
won decisively by Mr. Jordan and the shareholders against Charles Clark, A.J.
Elko and the Lamb foundation.  Mr. Jordan, subsequently negotiated the
purchase from the previous preferred shareholders, the Lamb Foundation, of all
of their interests in the company, two million shares of preferred stock and
3.85 million shares of common stock.  The purchase of the Lamb Foundations
interest was made by Gordon Gundaker, in the name of the Gordon A. Gundaker
Revocable Trust, with a perpetual proxy for voting privileges granted to Mr.
Jordan, and the right to purchase a 50% interest in the transaction also being
granted to Mr. Jordan.  At the time of the completion of the transaction with
the Lamb Foundation, Mr. Jordan, via the proxy and his previous ownership
interest, had voting control of over 50% of the common stock of the company.
As a result, the need to solicit proxys in order to settle any dispute within
the company is unnecessary.

Mr. Jordan, the founder of the company and largest shareholder, controls the
important decisions affecting the shareholder of the company.  Since Mr.
Jordan's focus and primary business interest is in creating value for the
shareholders of the company and enhancing the market value of the company's
stock and considering the severely detrimental result of the previous conflict
relating to an attempt by others to control the company, its assets and its
business, having full control of the company's future placed in Mr. Jordan's
hands is considered a valuable improvement in the outlook for the company and
its business.


















                                    10


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
         CONDITION AND RESULTS OF OPERATIONS (continued)

Results of Operations
---------------------

The Company had a net loss for the three and nine month periods ended
September 30, 2004, of $(498,379) and $(493,211) or ($0.04) and ($0.03) per
common share compared to a three and nine month net loss of $(48,588) and
$(187,622) or $(0.00) and ($0.01) per common share for the corresponding
periods of the previous year.

This increase in operating loss is primarily due to approximately $430,000 of
legal fees attributable to the takeover attempt.

The Company had an operating loss of $(508,681) and $(528,398) for the three
and nine month periods ended September 30, 2004 compared to an operating loss
$(38,775) and $(224,876) for the respective three and nine month periods ended
September 30, 2003. This change in operating loss is primarily due to the
legal fees for defense of the takeover attempt, as offset by the cost savings
from the Company's relative inactivity during 2004 as compared with 2003.

For the three and nine month periods ended September 30, 2004, revenues
totaled $6,204 and $53,199 compared to revenues of $19,576 and $67,783 for the
same quarter and year to date periods of 2003, a decrease of approximately 68%
and 22% respectively, due primarily to the reduction of commissions received
as the Company's inactivity for the current year continued.

Selling, general, and administrative ("SG&A") expenses of $514,885 and
$581,597 were incurred during the three and nine month periods ended September
30, 2004, compared to $58,351 and $292,659 for the comparative periods of the
previous year.  The increases were due primarily to the accrual of
professional fees in the current quarter, offset by a decline in other
operating costs.

Total other income (expenses) was $10,302 and $35,327 for the three and nine
month periods ended September 30, 2004, compared to $22,521 and $70,656 for
the corresponding three and nine month periods in 2003.  This change was
primarily due to a variable rate of return on the company's investment in
Boston Restaurant debentures, as well as a reduction in the principal amount
owned.


















                                    11

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
         CONDITION AND RESULTS OF OPERATIONS (continued)

Liquidity and Capital Resources
-------------------------------

                                   Nine months ended September 30,
                                         2004           2003
                                      ---------      ---------
     Operating activities             $(65,956)      $(86,544)
     Investing activities               49,521         50,000
     Financing activities                7,500           -
                                      --------       --------
     Net effect on cash               $ (8,935)      $(36,212)
                                      ========       ========

As of September 30, 2004 and the year ended December 31, 2003, the Company had
a deficit in working capital of $711,746 and $270,469, respectively.

Risk Factors, Trends & Uncertainties
------------------------------------

Total assets under management and corporate earnings may substantially
increase or decrease due to (1) stock market conditions, including the onset
of a long-term declining, or bear market;  (2) performance returns as
influenced by the Company's investment advisory decisions, operational expense
and effectiveness of marketing efforts;  (3) competition from mutual funds,
other investment advisory companies and insurance companies;  (4) interest
rate changes and other actions taken by the Federal Reserve Board;  (5)
domestic and international economic and political conditions, high inflation
and/or recession;  (6) trends in business and finance;  (7) international
events;  (8) acts of terrorism; and (9) other factors.

The Company is registered with and subject to regulation by the SEC under the
Investment Advisers Act of 1940 and, where applicable, under state advisory
laws.  The Company is also subject to regulation by the SEC under the
Investment Company Act of 1940. The Company's affiliate broker-dealer is
registered as a broker-dealer with the SEC under the Securities Exchange Act
of 1934 (the "Exchange Act") and, where applicable, under state securities
laws, and is regulated by the SEC, state securities administrators and the
NASD.

By law, investment advisors and broker-dealers are fiduciaries and are
required to serve their clients' interests with undivided loyalty.  There is a
potential conflict of interest because of the affiliation between the Company
and IFNI. While the Company believes that its existing relationships are in
compliance with applicable law and regulations, because of this potential
conflict of interest, the SEC may closely examine these relationships.  Many
aspects of the financial services industry involve substantial liability
risks, including exposure under federal and state securities laws in
connection with the distribution of securities and investment advisor
activities.  The Company does not currently maintain errors and omission
insurance policies insuring against this risk.






                                    12


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
         CONDITION AND RESULTS OF OPERATIONS (continued)

There can be no assurance that any changes to existing laws, regulations or
rulings promulgated by government entities having jurisdiction over the
Company's investment advisory, broker-dealer, investment company and
commodities trading business will not have an adverse effect upon the business
of the Company.

In connection with a late 1997 examination of the Company, the SEC raised
certain issues regarding possible violations of the federal securities laws in
connection with the private placement of debentures of Boston Restaurant
Associates, Inc.  The matter has not been resolved and to the Company's
knowledge the investigation is ongoing.  Management of the Company does not
expect the resolution of this matter to have any material effect on the
Company's financial condition, results of operations or business.

Negative stock market trends have impaired the Company's ability to gather new
assets into the individually managed accounts.  Negative investment
performance within the individually managed accounts has impaired the
Company's ability to earn performance-based revenues.  Because of these
negative trends, the Company may not generate sufficient revenues to continue
current operations through the next twelve months.

ITEM 3.  CONTROLS AND PROCEDURES

As of the end of the period covered by this report, the Company conducted an
evaluation, under the supervision and with the participation of the Chief
Executive Officer/Chief Financial Officer, of the Company's disclosure
controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the
1934 Act. Based on this evaluation, the Chief Executive Officer/Chief
Financial Officer concluded that the Company's disclosure controls and
procedures are effective to ensure that information required to be disclosed
by the Company in reports that it files or submits under the 1934 Act is
recorded, processed, summarized and reported within the time periods specified
in Securities and Exchange Commission rules and forms. There was no change in
the Company's internal control over financial reporting during the Company's
most recently completed fiscal quarter that has materially affected, or is
reasonably likely to materially affect, the Company's internal control over
financial reporting.


















                                    13

PART II.  OTHER INFORMATION

Item 1.  Legal Proceedings

     Item 1 of Part II of the  Company's  Form 10-QSB for the quarter ended
September 30,  2001,  disclosed  the  initiation  by W. Neal Jordan on June
27,  2001,  of litigation against the Company and Messrs. A.J. Elko and
Charles R. Clark in the United States District Court for the Eastern District
of Kentucky.

     On October 2, 2001, the District  Court issued a preliminary  injunction
to preclude,  in  connection  with the  Company's  Annual  Meeting of
Shareholders scheduled to be held on October 4, 2001, the counting of the
3,100,000 shares of the  Company's  common stock issued on August 6, 2001, to
the Kirkland S. & Rena B. Lamb Foundation in exchange for 1,500,000 shares of
the Company's outstanding preferred  stock.  The Court denied without
prejudice Mr. Jordan's motion for a preliminary injunction to prevent the
Company from issuing any additional shares of the  Company's  common stock.
The Court also denied the Company's  motion to dismiss the litigation.

     On October 3, 2001, the Company  appealed the District  Court's issuance
of the  preliminary  injunction to the United States Court of Appeals for the
Ninth Circuit. On October 4, 2001, the Company filed an emergency motion for a
stay of the District Court's preliminary injunction. That same day, a judge of
the Court of Appeals issued an order enjoining the parties from holding any
shareholders' meeting or conducting any shareholders' vote pending
consideration by a regular three-judge  motions panel of the appellate court
of the Company's  motion for a stay pending appeal of the Preliminary
Injunction entered by the District Court. On October  25,  2001,  the Court of
Appeals  granted  the  Company's  motion to expedite the appeal.  It has also
issued an expedited  briefing schedule for the appeal. On October 26, 2001, a
three-judge panel of the Court of Appeals entered an order  dissolving  the
temporary  stay of the District  Court's  preliminary injunction  granted on
October 4, 2001,  and denied the  Company's  motion for a stay of enforcement
of the District  Court's  preliminary  injunction  while the appeal is
pending.

     Because of the initial stay granted by the appellate  court,  the
Company's Annual Meeting of Shareholders  was not held on October 4 as had
been scheduled. As required by  applicable  Florida  corporate  law, the
Company will call a new shareholders' meeting and will set a new record date
for that meeting.

     This matter was concluded when Mr. Jordan was re-elected as the sole
officer and director of the Company on November 2, 2002.

     On September 15, 2003, a meeting of shareholders was held to elect
directors, to approve the change in name of the Company to Gundaker/Jordan
American Holdings, Inc., and to approve an increase in the number of
authorized common shares from 20,000,000 to 20,000,000,000.

Item 2.  Changes in Securities

     None




                                    14


Item 3.  Defaults Upon Senior Securities

     None.

Item 4.  Submission of Matters to a Vote of Security Holders

     None.

Item 5.  Other Information

     None.

Item 6.  Exhibits and Reports on Form 8-K

     (a)  Exhibits

          31     Certification of Chief Executive Officer and Chief
                 Financial and Accounting Officer of the Company
                 Accompanying Periodic Reports pursuant to Section 302
                 of the Sarbanes-Oxley Act of 2002 (as filed herewith)

          32     Certification of Chief Executive Officer and Chief
                 Financial and Accounting Officer of the Company
                 pursuant to Section 906 of the Sarbanes-Oxley Act of
                 2002 (as filed herewith)

     (b)  Reports on Form 8-K.  None.































                                    15


                                  SIGNATURES

     In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.

                                   GUNDAKER/JORDAN AMERICAN HOLDINGS, INC.



                                   By: /s/ W. Neal Jordan
                                       Principal Executive Officer and
                                       Principal Financial and Accounting
                                       Officer
                                       Date:  June 24, 2005











































                                    16