September 3, 2007
Prospector
Profile
07.1261
 
Terra Media Ltd. NAICS 511210
60 Knolls Crescent Bronx, NY 10463 Description Software Publishers
(973) 768-4181 Employees 1
Revenue (mil) 0.0000
  Income (mil) -0.0530
  Assets (mil) 0.0340
  Liability (mil) 0.0510
  (for the year ended 2006-12-31)
 
Category: Audit Concerns
 
Event: Drakeford & Drakeford LLC expressed soubts on the ability of Terra Media Ltd. to continue as a going concern due to its sustained substantial operating losses since inception aggregating $385,047 for the period from inception until December 31, 2006.
 
Intellectual Property: The Company has copyrighted the content on all of its CD or DVD products and has applied for a trademark on its URL. The Company considers elements of its software and peer-to-peer clustering technology to be proprietary. [SEC Filing 10-KSB 04-18-07]
 
Description: The Company is a producer and distributor of computer software and video educational materials on CD and DVD formatted disks.
 
Officers: Thomas P. Monahan (Pres., Sec., Treas., CFO, Controller & Dir.)
 
Auditor: Drakeford & Drakeford LLC
 
Securities: 11,634,500 common shares outstanding as of June 30, 2007.
 
 
 
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