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Prospector
Profile
07.1514
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| Pacific Sands, Inc. |
NAICS |
325412 |
| 1509 Rapids Drive
Racine, WI 53404 |
Description |
Water Treatment Products Mfg. |
| (262) 619-3261 |
Employees |
6 |
| http://www.pacificsandsinc.com/ |
Revenue |
(mil) |
0.5960 |
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Income |
(mil) |
-0.5510 |
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Assets |
(mil) |
0.2680 |
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Liability |
(mil) |
0.5610 |
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(for the year ended 2007-06-30) |
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Category:
Audit Concerns
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Event:
Frank L. Sassetti & Company expressed substantial doubt on the ability of Pacific Sands, Inc. to continue as a going concern after auditing its financial statements. Through June 30, 2007, the auditor points out that the Company had incurred cumulative losses of $3,719,950, stockholders' deficit of $293,814 and working capital deficit of $321,576.
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Intellectual Property:
The Company's trademarks include ecoONE®, e2-elemental earth™ and Rain Forest Blue™. [SEC Filing 10-KSB 10-11-07]
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Description:
The Company develops, manufactures, markets, and sells a range of non-toxic cleaning and water-treatment products based on proprietary blended botanical, nontoxic, and natural chemical technologies.
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Officers:
Michael L. Wynhoff (Pres., CEO & Dir.); Michael D. Michie (CFO, Treas. & Dir.); Mark R. Rauscher (Sec. & Dir.); John D. Hagarty (Dir.)
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Auditor:
Frank L. Sassetti & Company
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Securities:
Common Stock-Symbol PFSD.OB; OTC BB;
34,361,124 common shares outstanding as of October 11, 2007.
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