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Prospector
Profile
07.1386
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| Compliance Systems Corp. |
NAICS |
511210 |
| 90 Pratt Oval
Glen Cove, NY 11542 |
Description |
Software Publishers |
| (516) 674-4545 |
Employees |
7 |
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Revenue |
(mil) |
2.1140 |
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Income |
(mil) |
-1.2930 |
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Assets |
(mil) |
1.0960 |
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Liability |
(mil) |
3.0910 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Compliance Systems Corp. had a $351,396 net loss for the three months ended June 30, 2007, lower than the $283,912 net loss reported during the second quarter last year. For the six months ended June 30, 2007, the Company had a $739,715 net loss, higher than the $618,287 net loss incurred during the first half of 2006. The Company's balance sheet at June 30, 2007 showed an accumulated deficit of $4,837,689 and stockholders’ deficit of $4,784,193. It also has strained liquidity with $302,234 in total current assets available to pay $5,486,938 in total current liabilities.
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Intellectual Property:
The Company owns the TeleBlock® DNC blocking patent. In addition, the Company applied for patent protection in Greece in 2005. This patent, which will apply throughout the European Union, was approved in February 2006. [SEC Filing SB-12 05-12-06]
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Description:
The Company provides compliance technologies, methodologies, and services to the teleservices industry.
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Officers:
Dean Garfinkel (Chair); Barry Brookstein (Dir.)
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Auditor:
BP Audit Group PLLC
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Securities:
Common Stock-Symbol COPI.OB; OTC BB;
60,283,482 common shares outstanding as of August 15, 2007.
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