Prospector
Profile
07.1493
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| Stereo Vision Entertainment, Inc. |
NAICS |
711510 |
| 15452 Cabrieto Road, Suite 204
Van Nuys, CA 91406 |
Description |
Film Producers |
| (310) 205-7998 |
Employees |
4 |
| http://www.stereovision.com/ |
Revenue |
(mil) |
0.0000 |
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Income |
(mil) |
-0.0440 |
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Assets |
(mil) |
0.1750 |
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Liability |
(mil) |
0.6570 |
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(for the year ended 2007-06-30) |
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Category:
Audit Concerns
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Event:
Robison Hill & Company expressed doubts on the ability of Stereo Vision Entertainment, Inc. to continue as a going concern after auditing its financial statements. The Company has incurred net losses of approximately $15,221,000 since inception, has a liquidity problem, and requires additional financing in order to finance its business activities on an ongoing basis.
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Intellectual Property:
The Company relies on a combination of trade secret, copyright and trademark law, nondisclosure agreements and technical security measures to protect its products. Distribution rights to motion pictures are granted legal protection under the copyright laws of the United States and most foreign countries. These copyright laws provide substantial civil and criminal sanctions for unauthorized duplication and exhibition of motion pictures. Motion pictures, musical works, sound recordings, artwork, still photography and motion picture properties are each separate works subject to copyright under most copyright laws. [SEC Filing 10-KSB 09-27-07]
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Description:
The Company operates as a film production company with a focus on 3-D feature films.
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Officers:
Douglas Schwartz (Chair); Jack Honour (CEO); Theodore Botts (CFO); Herky Williams (Sec. & Treas.); John C. Bodziak, Jr. (Dir.)
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Auditor:
Robison Hill & Company
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Securities:
Common Stock-Symbol SVSN.OB; OTC BB;
21,370,154 common shares outstanding as of September 24, 2007.
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