August 27, 2007
Prospector
Profile
07.1236
 
Zim Corporation NAICS 517212
150 Isabella Street, Suite 150 Ottawa, Ontario, Canada K1S 1V7 Description Wireless Communications
(613) 727-1397 Employees 20
http://www.zim.biz/background.html Revenue (mil) 2.1950
  Income (mil) -1.9360
  Assets (mil) 1.2000
  Liability (mil) 0.9320
  (for the year ended 2007-03-31)
 
Category: Loss/Deficit
 
Event: Zim Corporation reported a net loss for the quarter ended June 30, 2007 of $97,397, substantial decrease from the net loss reported during the same quarter a year ago of $567,725. Revenues for the quarter ended June 30, 2007, was $538,027, a decrease from $705,797 for the quarter ended June 30, 2006. At June 30, 2007, the Company's consolidated balance sheet showed $1.2 million in total assets, $986,519 in total liabilities, and $200,308 in total stockholders' equity.
 
Intellectual Property: The Company relies on confidentiality agreements to protect its trade secrets. [SEC Filing 10-KSB 06-21-07]
 
Description: The Company is a provider of mobile messaging and data services. The Company use its technology and expertise to expand the use of the mobile phone beyond voice to include SMS messages and other content, such as ringtones and wallpapers.
 
Officers: Dr. Michael Cowpland (Pres., CEO, CFO & Dir.); Roberto Campagna (VP); Phil Scavo (Dir.); Steven Houck (Dir.); James Stechyson (Dir.); Donald Gibbs (Dir.)
 
Auditor: Raymond Chabot Grant Thornton LLP
 
Securities: Common Stock-Symbol ZIMCF.OB; OTC BB; 88,061,955 common shares outstanding as of June 7, 2007.
 
 
 
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