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Prospector Profile 07.1187
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| Valcom, Inc. |
NAICS |
512110 |
| 41 North Mojave Road
Las Vegas, NV 89101 |
Description |
Video Production |
| (702) 385-9000 |
Employees |
14 |
| http://www.valcom.com/ |
Revenue |
(mil) |
3.4020 |
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Income |
(mil) |
-4.5310 |
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Assets |
(mil) |
2.9060 |
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Liability |
(mil) |
3.6950 |
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(for the year ended 2007-09-30) |
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Category:
Loss/Deficit
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Event:
Park Lee expressed doubts on the ability of Valcom, Inc. to continue as a going concern after auditing its financial statements. The auditor notes that the Company has a net loss of $4,531,476 and a negative cash flow from operations of $2,719,429 for the year ended September 30, 2006, and an accumulated deficit of $14,876,826 at September 30, 2006.
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Intellectual Property:
The Company's trademarks include Satellite Bingo, Hangin with the Boyz, Who Can You Trust, Fugedabowdit, Ultimate Driver and Final Round - Fight Film. [SEC Filing 10-KSB 07-31-07]
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Description:
The Company operates as a diversified entertainment company in the United States. It is involved in the rental of studios for television production for network and syndication programming, and motion pictures.
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Officers:
Vince Vellardita (Chair, Pres. & CEO); Sandra Markham (Sec. & Treas.); Richard Shintaku (Dir.); Bonnie Nelson (Dir.)
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Auditor:
Park Lee, Certified Public Accountants
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Securities:
Common stock symbol VACM.OB; OTC BB;
4,914,365 common shares outstanding as of January 12, 2007.
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