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Prospector
Profile
1115-04
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| eLuxuryHouse, Inc. |
NAICS |
448310 |
| 2924 Davie Road, Suite 200
Davie, Florida 33314 |
Description |
Jewelry Stores |
| (954) 321-0176 |
Employees |
1 |
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Revenue |
(mil) |
0.0010 |
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Income |
(mil) |
-0.0510 |
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Assets |
(mil) |
0.2400 |
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Liability |
(mil) |
0.0010 |
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(for the year ended 2007-06-30) |
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Category:
Audit Concerns
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Event:
Berman & Company PA raised substantial doubt about the ability of eLuxuryHouse, Inc. to continue as a going concern after auditing its financial statements. The auditor states that the Company has a net loss of $51,284 and net cash used in operations of $36,084 for the year ended June 30, 2007 and has an accumulated deficit of $78,491 at June 30, 2007.
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Intellectual Property:
The Company owns the domain name imageofstyle.com and relies on a combination of trade secret protections, and confidentiality and non-disclosure agreements, as well as other contractual provisions to establish and protect proprietary rights in intellectual property. The Company's software is custom designed, which provides a favorable search engine rankings frequently in a preferred location on a website search. [SEC Filing 10-KSB 10-15-07]
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Description:
The Company is an internet-based retailer of authentic, designer merchandise and personal accessories, including jewelry, offered at discount prices.
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Officers:
Howard N. Kahn (Chair, Pres., CEO, Sec., Treas. & Principal Financial and Accounting Officer)
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Auditor:
Berman & Company PA
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Securities:
30,010,000 common shares outstanding as of September 28, 2007.
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