August 6, 2007
Prospector
Profile
07.1160
 
Woize International Ltd. NAICS 517110
3rd Floor, 14 South Molton Street, London W1K 5QP, United Kingdom Description Telecommunications Services
+44 (1) 20-7101-6560 Employees 0
Revenue (mil) 0.1310
  Income (mil) -2.4390
  Assets (mil) 0.8510
  Liability (mil) 2.7300
  (for the year ended 2007-03-31)
 
Category: Audit Concerns
 
Event: Whitley Penn LLP raised substantial doubt about the ability of Woize International Ltd. to continue as a going concern after auditing its financial statements for the year ended March 31, 2007. The auditor points to the Company's net loss for the year ended March 31, 2007 of $2,439,466, a working capital deficit of $2,658,244 at March 31, 2007, accumulated deficit at March 31, 2007 of $3,085,989 and substantial obligations with no current resources to satisfy the obligations.
 
Intellectual Property: The Company holds trademarks and copyrights for the Woize name and its website. [SEC Filing 10-KSB 07-16-07]
 
Description: The Company provides digital communication services, including VoIP and broadband telephony, based on proprietary software as well as support for the de facto SIP standard.
 
Officers: Daniel Savino (Chair); Anders Halldin (Pres. & Dir.); Martin Thorp (Sec. & Dir.)
 
Auditor: Whitley Penn LLP
 
Securities: Common Stock-Symbol WOIZ.OB; OTC BB; 61,871,947 common shares outstanding as of July 12, 2007.
 
 
 
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