September 3, 2007
Prospector
Profile
07.1242
 
Energtek, Inc. NAICS 624229
26 East Hawthorne Avenue Valley Stream, NY 11580 Description Energy Research & Dev't.
(516) 887-8200 Employees 3
Revenue (mil) 0.0000
  Income (mil) -0.8470
  Assets (mil) 0.3430
  Liability (mil) 0.0400
  (for the year ended 2006-12-31)
 
Category: Loss/Deficit
 
Event: Energtek, Inc. reported a net loss of $1,237,994 and $1,823,216 for the three and six months ended June 30, 2007, respectively. The Company's balance sheet also showed an accumulated deficit of $2,766,200 as of June 30, 2007.
 
Intellectual Property: The Company owns the rights to the provisional patent application entitled “Tank for Simultaneous Storage of Both Pressure Gas and Liquid Fuel,” which is filed with the Patent Registrar of the State of Israel. The Company acquired such rights on December 31, 2006, by purchasing them on such date from Radel LLC, a New York limited liability company. [SEC Filing 10-KSB 04-02-07]
 
Description: The Company intends to develop clean energy related technologies.
 
Officers: Doron Uziel (Pres., CEO, CFO & Dir.); Yishai Aizik (Dir.)
 
Auditor: Madsen & Associates CPA’s, Inc.
 
Securities: Common Stock-Symbol EGTK.OB; OTC BB; 57,592,211 common shares outstanding as of August 7, 2007.
 
 
 
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