September 3, 2007
Prospector
Profile
07.1244
 
Graymark Productions, Inc. NAICS 512110
101 North Robinson, Suite 920 Oklahoma City, OK 73102 Description Movie Production
(405) 601-5300 Employees 2
http://www.graymarkproductions.com/ Revenue (mil) 0.4040
  Income (mil) -2.2140
  Assets (mil) 3.3080
  Liability (mil) 2.9390
  (for the year ended 2006-12-31)
 
Category: Loss/Deficit
 
Event: Graymark Productions, Inc. reported a net loss of $186,570 on revenues of $52,324 for the three months ended June 30, 2007, a decrease over the net loss reported during the same quarter last year of $1,614,758 on revenues of $47,580. The Company's June 30, 2007 balance sheet showed an accumulated deficit of $4,376,046 and stockholder's equity of only $115,523. It also has strained liquidity with $832,326 in total current assets available to pay $1,702,352 in total current liabilities, resulting in a $870,026 working capital deficit.
 
Intellectual Property: The Company's intellectual property rights relate to its interest in the movies Cloud 9, The Hunt, Surveillance, Soul’s Midnight and Fingerprints. It expects to develop and acquire additional intellectual property rights in each motion picture produced. The Company will attempt to protect proprietary and intellectual property rights to productions through available copyright and trademark laws and licensing and distribution arrangements with reputable international companies in specific countries (outside of North America) and media for limited durations. [SEC Filing 10-KSB 03-30-07]
 
Description: The Company operates as an independent motion picture and television production company.
 
Officers: John Simonelli (Chair & CEO); Harry G. “Gray” Frederickson, Jr. (Pres. & COO); Mark R. Kidd (CFO & Sec.); Fred Roos (Dir.); George “Fritz” Kiersch (Dir.); Lewis B. Moon (Dir.); Stanton Nelson (Dir.)
 
Auditor: Murrell Hall McIntosh & Company PLLP
 
Securities: Common Stock-Symbol GRMK.OB; OTC BB; 8,827,001 common shares outstanding as of August 8, 2007.
 
 
 
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