Prospector
Profile
07.1478
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| EconoShare, Inc. |
NAICS |
511210 |
| 1510 51 St.
Brooklyn, NY 11219 |
Description |
Software Publishers |
| (718) 435-4111 |
Employees |
0 |
|
Revenue |
(mil) |
0.0000 |
| |
Income |
(mil) |
-0.0470 |
| |
Assets |
(mil) |
0.0230 |
| |
Liability |
(mil) |
0.0040 |
| |
(for the year ended 2007-06-30) |
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Category:
Audit Concerns
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Event:
N. Blumenfrucht CPA PC raised doubts on the ability of EconoShare, Inc. to continue as a going concern after auditing its financial statements. The auditor notes that the Company is in the development stage with no operations and has a negative cash flow from operations since inception.
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Intellectual Property:
The Company has applied for a software patent on the business process of its EconoShare asset sharing platform. It has also applied and received a trademark for the Company name and sharing platform. [SEC Filing 10-KSB 09-25-07]
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Description:
The Company developed a software application and B2B website for an Asset Sharing market place and transaction system.
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Officers:
Hyman Schwartz (CEO)
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Auditor:
N. Blumenfrucht CPA PC
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Securities:
Common Stock-Symbol ECSR.OB; OTC BB;
9,791,000 common shares outstanding as of September 20, 2007.
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