October 1, 2007
Davi Skin, Inc. NAICS 325412
4223 Glencoe Avenue, Suite B130 Marina Del Rey, CA 90292 Description Skin Care Products Mfg.
(310) 827-0800 Employees 5
http://www.daviskin.com/ Revenue (mil) 0.0230
  Income (mil) -3.7790
  Assets (mil) 1.6150
  Liability (mil) 0.5600
  (for the year ended 2006-12-31)
Category: Loss/Deficit
Event: Davi Skin, Inc. had a net loss of $942,916 for the second quarter ended June 30, 2007, higher than the $697,980 net loss reported during the second quarter of last year. For the six months ended June 30, 2007, the Company had a $2,329,262 net loss, lower than the $2,821,479 net loss booked in the first half of 2006. The Company balance sheet at June 30, 2007 showed an accumulated deficit of $2,329,262 and stockholders' deficit of $148,217. It also has strained liquidity with $759,716 in total current assets available to pay $781,109 in total current liabilities.
Intellectual Property: At the core of all the Company's products is a proprietary microencapsulated anti-aging antioxidant complex called Meritage that was created in collaboration with laboratories in Lyon, France. [SEC Filing 10-KSB 04-17-07]
Description: The Company develops, manufactures, and distributes skin care products for men and women in the United States.
Officers: Carlo Mondavi (Chair); Joseph Spellman (Pres., CEO & Dir.); Josh LeVine (Sec., Treas. & Dir.); Munjit Johal (CFO)
Auditor: Child Van Wagoner & Bradshaw PLLC
Securities: Common Stock-Symbol DAVN.OB; OTC BB; 16,661,208 common shares outstanding as of August 17, 2007.
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