Prospector
Profile
07.1071
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| Sound Revolution, Inc. |
NAICS |
512220 |
| 1187 Brimley Road
Toronto, Ontario, Canada M1P 3G5 |
Description |
Music Distribution |
| (416) 271-9695 |
Employees |
0 |
| http://www.soundrevolution.net/ |
Revenue |
(mil) |
0.0000 |
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Income |
(mil) |
-0.4170 |
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Assets |
(mil) |
0.0660 |
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Liability |
(mil) |
0.3070 |
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(for the year ended 2007-02-28) |
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Category:
Audit Concerns
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Event:
Peterson Sullivan PLLC raised substantial doubt about the ability of Sound Revolution, Inc. to continue as a going concern after auditing its financial statements. The auditor points out that the Company has not been able to generate significant revenues or positive cash flows from operations and has an accumulated deficit of $541,752 at February 28, 2007.
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Intellectual Property:
The Company owns the copyright in the websites www.soundrevolution.net and www.charitytunes.com. It also owns all the copyright in the logos for both Sound Revolution and Charity Tunes. [SEC Filing 10-KSB 06-13-07]
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Description:
The Company is developing products, services and internet utilities that are related to the digital distribution of music and other entertainment media.
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Officers:
Penny Green (Chair, CFO, Sec. & Treas.); Robin Ram (Pres., CEO & Dir.); Susanne Milka (Dir.); Garry Newman (Dir.)
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Auditor:
Peterson Sullivan PLLC
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Securities:
Common Stock-Symbol SRVN.OB; OTC BB;
10,638,846 common shares outstanding as of May 31, 2007.
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