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Prospector
Profile
07.1107
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| American Water Star, Inc. |
NAICS |
312100 |
| 4560 South Decatur Boulevard
Las Vegas, NV |
Description |
Beverage Mfg. |
| (702) 740-7036 |
Employees |
35 |
| http://www.americanwaterstar.com/ |
Revenue |
(mil) |
3.1800 |
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Income |
(mil) |
-16.4400 |
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Assets |
(mil) |
17.2010 |
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Liability |
(mil) |
7.7920 |
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(for the year ended 2004-12-31) |
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Category:
Default
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Event:
American Water Star, Inc. issued Laurus Master Fund Ltd. a Secured Convertible Term Note in the principal amount of $1,286,098.61. As of September 30, 2005, the Company was in default under the terms of the Note with Laurus, which has resulted in the entire Note balance being classified as a current liability.
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Intellectual Property:
On January 1, 2003, the Company entered into a Trademark and Design License Agreement with Tanning Research Laboratories, Inc. to use the trademarked name, "Hawaiian Tropic." Under the Agreement, Tanning Research licensed the Company to produce, market, and sell, on an exclusive basis in the United States and Canada, items that bear the Hawaiian Tropic trademark for a period of three years. [SEC Filing 10-KSB 06-03-05]
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Description:
The Company is engaged in the marketing of beverages.
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Officers:
Roger Mohlman (Chair, Pres. & CEO)
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Auditor:
Weaver & Martin LLC
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Securities:
Common Stock-Symbol AMWS.PK; Other OTC;
89,744,525 common shares outstanding as of September 30, 2005.
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