Prospector
Profile
07.1109
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| AudioStocks, Inc. |
NAICS |
516110 |
| 2038 Corte Del Nogal, Suite 110
Carlsbad, CA 92011 |
Description |
Internet Sites |
| (760) 804-8844 |
Employees |
5 |
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Revenue |
(mil) |
0.3540 |
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Income |
(mil) |
0.0180 |
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Assets |
(mil) |
0.4470 |
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Liability |
(mil) |
0.7350 |
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(for the year ended 2006-12-31) |
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Category:
Audit Concerns
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Event:
Chisholm Bierwolf and Nilson LLC expressed substantial doubt on the ability of Audiostocks, Inc. to continue as a going concern after auditing its financial statements due to its substantial operating losses for the past years. In addition, the Company is dependant upon outside financing to continue operations.
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Intellectual Property:
The Company is in the process of filing the requisite paperwork to obtain a trademark in the United States on "www.Audiostocks.com", "Audiostocks", “AudioNews” and the Audiostocks logo. The software platform used by AudioStocks is licensed from BCGU LLC. [SEC Filing 10-KSB 07-09-07]
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Description:
The Company operates a media platform for publicly traded small and micro capitalization companies, providing the latest fact-based information to current and prospective shareholders.
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Officers:
Luis Leung (Pres., CEO, CFO, Sec. & Dir.)
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Auditor:
Chisholm Bierwolf and Nilson LLC
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Securities:
17,216,308 common shares outstanding as of July 9, 2007.
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