October 15, 2007
Phantom Fiber Corp. NAICS 511210
144 Front Street, Suite 580 Toronto, Ontario, Canada M5J 2L7 Description Software Publishers
(416) 703-4007 Employees 27
Revenue (mil) 0.3090
  Income (mil) -2.9040
  Assets (mil) 0.7900
  Liability (mil) 3.2640
  (for the year ended 2006-12-31)
Category: Loss/Deficit
Event: Phantom Fiber Corporation reported a $1,332,038 net loss on revenues of $70,010 for the quarter ended June 30, 2007, much higher than the $157,557 net loss on revenues of $90,714 booked in the second quarter of last year. The Company's balance sheet at June 30, 2007 showed an accumulated deficit of $8,741,799 and stockholder's deficit of $2,526,871. It also has strained liquidity with $272,065 in total current assets available to pay $2,551,685 in total current liabilities.
Intellectual Property: The Company's proprietary Smart Streaming™ data transmission technique delivers high-speed client side performance that intuitively adapts to device and network properties. [SEC Filing 10-KSB 04-16-07]
Description: The Company is engaged in the business of the sale and licensing of its wireless software platform and integration services.
Officers: Jeffrey T. Halloran (Chair, Pres., CEO & CFO); Herbert C. Sears (Chief Technology Officer); Chris Carmichael (Dir.); Shimon Constante (Dir.); Konstantine (Gus) Lucas (Dir.); Stephen Gesner (Dir.)
Auditor: Lazar Levine & Felix LLP
Securities: Common Stock-Symbol PHFB.OB; OTC BB; 17,128,089 common shares outstanding as of August 20, 2007.
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