Prospector
Profile
1112-04
|
| |
| Fittipaldi Logistics, Inc. |
NAICS |
481212 |
| 903 Clint Moore Road
Boca Raton, FL 33487 |
Description |
Freight Transport Services |
| (561) 998-7557 |
Employees |
6 |
| http://www.emmologic.com/ |
Revenue |
(mil) |
22.7060 |
| |
Income |
(mil) |
-6.7470 |
| |
Assets |
(mil) |
5.7650 |
| |
Liability |
(mil) |
8.5540 |
| |
(for the year ended 2007-06-30) |
| |
|
Category:
Audit Concerns
|
| |
|
Event:
Sherb & Company LLP expressed doubts on Fittipaldi Logistics, Inc.'s ability to continue as a going concern after auditing its financial statements. During fiscal years 2007 and 2006, the Company incurred losses from operations of $4,258,088 and $3,775,124, respectively and had negative cash flows from operations of $1,458,455 and $3,501,965, respectively.
|
| |
|
Intellectual Property:
In June 2005, the Company filed a patent application with the U.S. Patent and Trademark Office entitled "Dynamic and Predictive Information System and Method for Shipping Assets and Transport" which was based upon provisional patent application no. 60/579,594 entitled "System and Method for Managing Logistics and Revenue Logistics for the Transportation of Freight" filed in June 2004. In July 2005, the Company received Certificates of Registration from the U.S. Patent and Trademark Office officially registering the service marks "P2S" and "POWER2SHIP" and, in October 2005, it received the Certificate of Registration officially registering the service mark "MOBILEMARKET". [SEC Filing 10-KSB 10-15-07]
|
| |
|
Description:
The Company provides freight transportation services in the southeastern United States.
|
| |
|
Officers:
Richard Hersh (Chair); Frank P. Reilly (CEO & Dir.)
|
| |
|
Auditor:
Sherb & Company LLP
|
| |
|
Securities:
Common Stock-Symbol FPLD.OB; OTC BB;
204,358,92 common shares outstanding as of October 5, 2007.
|
| |
| |
| |
| return to main page |
