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Prospector
Profile
07.1394
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| Litfunding Corporation |
NAICS |
523910 |
| 6375 South Pecos Road, Suite 217
Las Vegas, NV 89120 |
Description |
Misc. Intermediation |
| (702) 898-8388 |
Employees |
8 |
| http://www.litfunding.com/ |
Revenue |
(mil) |
0.6440 |
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Income |
(mil) |
-1.0270 |
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Assets |
(mil) |
1.1420 |
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Liability |
(mil) |
3.5200 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Litfunding Corp. had a net loss of $172,285 on revenues of $164,811 for the six months ended June 30, 2007, lower than the $962,070 net loss on revenues of $417,908 reported during the first half of last year. The Company's balance sheet at June 30, 2007 showed an accumulated deficit of $11,397,551 and stockholder's deficit of $1,620,999.
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Intellectual Property:
The Company uses the trade names LitFunding, California LitFunding, LitFunding USA and CA Funding. [SEC Filing 10-KSB 04-17-07]
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Description:
The Company engages in investing in litigation recoveries.
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Officers:
Morton Reed (Pres., CEO & Dir.); Stanley Weiner (VP & Dir.); Dennis H. Johnston (Dir.); Terry Gabby (CFO & Treas.)
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Auditor:
Lawrence Scharfman & Company CPA PC
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Securities:
Common Stock-Symbol LFDG.OB; OTC BB;
84,413,902 common shares outstanding as of August 17, 2007.
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