Prospector
Profile
07.1091
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| Fearless International, Inc. |
NAICS |
336611 |
| 927 Lincoln Road, Suite 200
Miami, FL 33139 |
Description |
Yacht Builder |
| (305) 674-1511 |
Employees |
4 |
| http://www.fearlessinternational.com/ |
Revenue |
(mil) |
0.0000 |
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Income |
(mil) |
-3.3450 |
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Assets |
(mil) |
2.3450 |
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Liability |
(mil) |
3.2740 |
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(for the year ended 2007-03-31) |
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Category:
Audit Concerns
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Event:
Kempisty & Company CPAs PC raised substantial doubt on Fearless International, Inc.'s ability to continue as a going concern because the Company has not generated any revenue and has incurred start-up losses to date.
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Intellectual Property:
The Company has filed two trademark applications with the U.S. Patent and Trademark Office. However, there has been an objection filed by No Fear, Inc. on the trademark applications on the basis that the trademarks would be confusing and are too similar to marks held by No Fear, Inc. [SEC Filing 10-KSB 06-29-07]
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Description:
The Company engages in the design and marketing of luxury performance powerboats and yachts.
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Officers:
Jeffrey I. Binder (Chair, Pres. & CEO); Charles W. De Angelo (COO & Sec.); Carol A. Stephan (CFO)
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Auditor:
Kempisty & Company CPAs PC
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Securities:
Common Stock-Symbol FRLE.OB; OTC BB;
57,855,800 common shares outstanding as of June 25, 2007.
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