July 23, 2007
Prospector
Profile
07.1086
 
Crystal International Travel Group, Inc. NAICS 561510
2160 Headquarters Plaza, 10 th Floor Morristown, NJ 07960 Description Travel Agencies
20-0121007 Employees 5
http://www.crystalitg.com/ Revenue (mil) 0.0060
  Income (mil) -8.5500
  Assets (mil) 0.1830
  Liability (mil) 9.1270
  (for the year ended 2006-07-31)
 
Category: Default
 
Event: Crystal International Travel Group, Inc. reported in its amended annual report that the Company has sustained substantial operating losses in the twelve months ended July 31, 2006 and the twelve months ended July 31, 2005 of $11,027,335 and $970,881, respectively. As of July 31, 2005, the Company is in default on certain notes payable, payroll taxes and other payables. In addition, it has used substantial amounts of working capital in its operations. Further, at July 31, 2006, the Company’s current assets were $183,128 and current liabilities were $2,717,772, and accumulated deficit as of July 31, 2006 was $11,027,335.
 
Intellectual Property: The Company owns the domain names www.suntrips.com, www.snow-trips.com, www.snow-trips.net, www.snowtrips.net, www.oturl.com, www.oturl.net, www.oturl.biz, www.oturl.info, www.suntripsodyssey.com, www.suntripsodysseymagazine.com, www.suntripspass.com, www.suntripspass.net, and www.suntripspass.org. The Company also has filed for registration with the U.S. Patent and Trademark Office the trademarks SUNTRIPS™, NOBODY BEATS SUNTRIPS™, VAMONOS™, BOOK ‘EM FARES™, SLIP INTO SOMETHING A LITTLE MORE COMFORTABLE™, PIPELINE TO PARADISE™, HOT DEALS UNDER THE SUN™, SNOWTRIPS™, SUNSATIONAL™, GO MON™. [SEC Filing 10-KSB/A 07-02-07]
 
Description: The Company provides multiple travel products and services, tours and excursions and travel documentation assistance.
 
Officers: Fabrizzio Busso Campana (Pres., CEO & Dir.); Peter Gallic (VP & Dir.); Peter Dugan (Dir.); Hank Cohn (Dir.); Frank Salerno (Dir.); Anthony Soich (Dir.)
 
Auditor: Scharf Pera & Company PLLC
 
Securities: Common Stock-Symbol CINTE.OB; OTC BB; 12,347,946 common shares outstanding as of October 31, 2006.
 
 
 
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