 |
Prospector
Profile
1017-01
|
| |
| Poseidis, Inc. |
NAICS |
312112 |
| 222 Lakeview Avenue, PMB 160
West Palm Beach, FL 33401 |
Description |
Bottled Water Mfg. |
| (561) 832-5696 |
Employees |
0 |
|
Revenue |
(mil) |
0.0000 |
| |
Income |
(mil) |
-1.4840 |
| |
Assets |
(mil) |
1.7040 |
| |
Liability |
(mil) |
1.6970 |
| |
(for the year ended 2006-02-28) |
| |
|
Category:
Audit Concerns
|
| |
|
Event:
Moore Stephens PC raised substantial doubt about the ability of Poseidis, Inc. to continue as a going concern after auditing its financial statements. The auditor notes that the Company has sustained a significant operating loss in 2006 and has a working capital deficiency of approximately $847,000 and an accumulated deficit of approximately $8,313,000 as of February 28, 2006.
|
| |
|
Intellectual Property:
In July 2006, the Company filed three trademark applications in the U.S. for Poseidis, Montespan, and Night Water. The Company has two registered trademarks in France for St. Troliere and Montespan (stylized letters and fleur de lis design). [SEC Filing 10-KSB/A 09-28-07]
|
| |
|
Description:
The Company engages in the development of a sparkling mineral water spring in central France known as the La Troliere Spring.
|
| |
|
Officers:
Louis Pardo (Chair, Pres. & CEO); Diane Boisvert (Sec. & Dir.); John J. McGovern (EVP, CFO & Treas.)
|
| |
|
Auditor:
Moore Stephens PC
|
| |
|
Securities:
Common Stock-Symbol PSED.PK; Other OTC;
70,156,300 common shares outstanding as of September 21, 2006.
|
| |
| |
| |
| return to main page |
|
|
