Prospector
Profile
07.1510
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| Innovative Consumer Products, Inc. |
NAICS |
332722 |
| 10436 Gwynns Falls
Las Vegas, NV 89183 |
Description |
Fasterners Mfg. |
| (702) 756-1521 |
Employees |
0 |
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Revenue |
(mil) |
0.0000 |
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Income |
(mil) |
-0.0001 |
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Assets |
(mil) |
0.0275 |
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Liability |
(mil) |
0.0075 |
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(for the year ended 2007-07-31) |
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Category:
Audit Concerns
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Event:
Moore & Associates Chartered raised doubts on the ability of Innovative Consumer Products, Inc. to continue as a going concern after auditing its financial statements. The auditor points out that the Company has an accumulated deficit and lacks operations or sources of revenues.
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Intellectual Property:
The Company is preparing to manufacture several alternative prototypes of the Purse Hook and is securing U.S. and non-U.S. patent protection of its innovative product design. [SEC Filing SB-2 02-14-07]
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Description:
Through its operating subsidiary, L.A.X. Innovations, Inc., the Company holds the exclusive worldwide license for the manufacturing, distribution, marketing, and sub-licensing of a proprietary consumer product known as the Purse Hook. This product a portable clamp/hook device that attaches to the edge of a table or other surface to provide a safe and elevated place to store a purse.
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Officers:
Dawn Marie Hughes (Pres., CEO, CFO, Treas., Sec. & Dir.)
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Auditor:
Moore & Associates Chartered
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Securities:
Common Stock-Symbol INVP.OB; OTC BB;
11,665,000 common shares outstanding as of September 12, 2007.
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