November 12, 2007
Prospector
Profile
1108-06
 
American Home Food Products, Inc. NAICS 327121
42 Forest Lane Bronxville, NY 10708 Description Building Materials Mfg.
(914) 441-3591 Employees 1
Revenue (mil) 0.2450
  Income (mil) -0.3640
  Assets (mil) 0.4380
  Liability (mil) 3.7380
  (for the year ended 2007-05-31)
 
Category: Default
 
Event: American Home Food Products, Inc. discloses that included in its long-term debt as of May 31, 2007, are debentures owing to Quilcap Corp. in the amount of $125,000. This debenture from February 25, 1999, bears interest at 15% per annum and matured on May 31, 1999 and is currently in default.
 
Intellectual Property: The Company has received a certificate of registration for the use of the trademark “Novacrete” from the Canadian Intellectual Property Office on June 15, 1997. On March 3, 1998, the Company received a Certificate of Trademark Registration No. 2,140,062 to use the trademark “Novacrete” in the United States. With the Company’s acquisitions of Por-Rok in August 1999 and Sta-Dri in August 2000, the Company acquired the registered trade names for all Por-Rok, Dash Patch and Sta-Dri products currently being produced. The Company has not filed an application for a patent on its proprietary technology. The core technology that is used in each of the Company’s products is not easily replicated. The Company has developed internal controls to protect the confidentiality of its technology. The Company's products are marketed under the brand names “Por-Rok” “Sta-Dri” and “Fiberforce”. These product names are protected by registered trademarks in the United States, Canada and the United Kingdom. [SEC Filing 10-KSB 09-07-07]
 
Description: The Company licenses and markets building product materials in the United States and Canada.
 
Officers: William K. Lavin (Chair & Sec.); Daniel W. Dowe (Pres., CEO & Dir.); Edward J. Malloy (Dir.); Kevin DeMatteis (Dir.)
 
Auditor: Sherb & Company LLP
 
Securities: Common Stock-Symbol AHFP.OB; OTC BB; 4,541,455 common shares outstanding as of May 31, 2007.
 
 
 
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