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Prospector
Profile
07.1280
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| Nathaniel Energy Corporation |
NAICS |
335312 |
| 8001 South Interport Boulevard, Suite 260
Englewood, CO 80112 |
Description |
Power Generators Mfg. |
| (303) 690-8300 |
Employees |
16 |
| http://www.nathanielenergy.com/home_frame.cfm?content=home&category=home |
Revenue |
(mil) |
1.1490 |
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Income |
(mil) |
4.3030 |
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Assets |
(mil) |
1.7550 |
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Liability |
(mil) |
1.2370 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Nathaniel Energy Corporation reported a $611,861 net loss on $96,118 revenue for the three months ended June 30, 2007, much higher than the $354,842 net loss on $310,732 revenue for the three months ended June 30, 2006. At June 30, 2007, the Company's balance sheet showed $1,418,787 in total assets, $2,069,444 in total liabilities resulting in a $650,657 stockholders' deficit. The Company's consolidated balance sheet at June 30, 2007, also showed strained liquidity with $198,076 in total current assets available to pay $1,959,308 in total current liabilities.
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Intellectual Property:
Nathaniel Energy’s proprietary patented technology, the Thermal Gasifier™, is a two-stage gasification system designed to efficiently convert “waste” materials from industrial, residential and agricultural sources into clean economical energy while exceeding the most stringent EPA and EU emission standards. The Company owns three U.S. patents, two pending U.S. patent applications and two pending European patent applications covering the Thermal Gasifier™ technology. These patents and patent applications are for utility patents directed to devices and methods of uses. [SEC Filing 10-KSB 04-02-07]
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Description:
The Company operates as a renewable hydrocarbon-based energy-from-waste company.
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Officers:
Brad E. Bailey (CEO); Russell "Gene" Bailey (VP & Sec.); Karen Smythe (Dir.); Michael Burdis (Dir.)
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Auditor:
Comiskey & Company
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Securities:
Common Stock-Symbol NECX.OB; OTC BB;
90,731,596 common shares outstanding as of March 27, 2007.
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