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Prospector
Profile
1112-05
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| Source Direct Holdings, Inc. |
NAICS |
325612 |
| 4323 Commerce Circle
Idaho Falls, ID 83401 |
Description |
Sanitation Products Mfg. |
| (877) 529-4114 |
Employees |
8 |
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Revenue |
(mil) |
0.4260 |
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Income |
(mil) |
-3.9880 |
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Assets |
(mil) |
0.4480 |
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Liability |
(mil) |
0.7550 |
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(for the year ended 2007-06-30) |
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Category:
Default
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Event:
Source Direct Holdings, Inc. has borrowed funds for operating purposes from an individual pursuant to a note. The terms of the note include principal of $50,000. The Company made a $15,000 payment on the note, which was applied to interest and then principal during the current year, leaving a principal balance of $44,779 as of June 30, 2007. This note is currently in default.
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Intellectual Property:
The Company currently owns the trademarks Simply Wow®, Stain Pen®, Prompt®, Works On The Spot® and Tuff Buff™. It also owns the web domains http://www.simplywow.com, http://www.worksonthespot.com, http://www.multipurposecleaner.com, http://www.stainpen.com, http://www.stainstick.com, http://www.laundrystain.com, http://www.organicsimplywow.com, http://www.tuffbuff.com, and http://www.allpurposecleaner.com. [SEC Filing 10-KSB 10-15-07]
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Description:
The Company engages in the development, sale, promotion, and marketing of cleaning products and supplies.
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Officers:
Deren Z. Smith (Pres. & Dir.); Kevin Arave (Sec., Tres. & Dir.); Timothy Hooten (Dir.)
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Auditor:
HJ & Associates LLC
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Securities:
Common Stock-Symbol SODH.OB; OTC BB;
8,589,484 common shares outstanding as of October 10, 2007.
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