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Prospector
Profile
926-05
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| US Farms, Inc. |
NAICS |
111219 |
| 1635 Rosecrans Street, Suite D
San Diego, CA 92106 |
Description |
Produce Farms |
| (858) 488-7775 |
Employees |
1 |
| http://www.usfarmsinc.com/ |
Revenue |
(mil) |
0.3610 |
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Income |
(mil) |
-4.4710 |
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Assets |
(mil) |
0.0890 |
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Liability |
(mil) |
3.0120 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
US Farms, Inc. had a $1,239,110 net loss for the three months ended June 30, 2007, much higher than the $451,409 net loss reported during the same quarter last year. For the six months ended June 30, 2007, the Company had a $1,789,115 net loss, higher than the $1,527,909 net loss incurred during the first half of 2006. As a result of its recurring losses, the Company has an accumulated deficit of $19,230,709 at June 30, 2007.
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Intellectual Property:
The Company holds one trademark on the name "San Diego Flash." The Company protects its current and future intellectual property through license agreements and trade and services marks on property owned by US Farms, Inc. [SEC Filing 10-KSB 04-02-07]
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Description:
The Company, through its subsidiaries, grows and sells various farm products.
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Officers:
Yan Skwara (Chair, Pres. & CFO); Donald Hejmanowski (Dir.); Darin Pines (Dir.)
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Auditor:
Gruber & Company LLC
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Securities:
47,977,802 common shares outstanding as of August 16, 2007.
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