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Prospector
Profile
07.1384
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| Camelot Entertainment Group, Inc. |
NAICS |
512110 |
| 2020 Main Street, Suite 990
Irvine, CA 92614 |
Description |
Movie Producers |
| (949) 777-1090 |
Employees |
2 |
| http://www.camelotfilms.com/ |
Revenue |
(mil) |
0.0000 |
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Income |
(mil) |
-2.3480 |
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Assets |
(mil) |
0.6200 |
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Liability |
(mil) |
1.8150 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Camelot Entertainment Group, Inc. had a $345,641 net loss for the three months ended June 30, 2007, higher than the $202,956 reported during the second quarter of last year. For the six months ended June 30, 2007, the Company had a $1,000,466 net loss, higher than the $393,716 net loss incurred during the first half of 2006. As a result of its recurring losses, the Company has an accumulated deficit of $15,173,677 and stockholder's deficit of $1,755,217 as of June 30, 2007. It also has strained liquidity with only $29,902 in total current assets available to pay $719,820 in total current liabilities.
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Intellectual Property:
The Company intends to copyright and own all motion pictures that it makes. [SEC Filing 10-KSB 04-17-07]
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Description:
The Company plans to develop, produce, market, and distribute motion pictures.
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Officers:
Robert P. Atwell (Chair, Pres. & CEO); George Jackson (Sec., CFO & Dir.); Michael Ellis (COO); Jane Olmstead, CPA (Dir.); Rounsevelle Schaum (Dir.)
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Auditor:
Malone& Bailey PC
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Securities:
Common Stock-Symbol CMEG.OB; OTC BB;
122,558,450 common shares outstanding as of August 17, 2007.
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