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Prospector
Profile
07.1597
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| Hines Horticulture, Inc. |
NAICS |
111421 |
| 12621 Jeffrey Road
Irvine, CA 92620 |
Description |
Plant Nurseries |
| (949) 559-4444 |
Employees |
2940 |
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Revenue |
(mil) |
232.5700 |
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Income |
(mil) |
-46.4700 |
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Assets |
(mil) |
340.3700 |
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Liability |
(mil) |
331.1300 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Hines Horticulture, Inc., reported a net loss of $7,700,000 on net sales of $31,800,000 for the third quarter ended Sept. 30, 2007, compared with a net loss of $30,300,000 on net sales of $35,800,000 for the same period in 2006. Hines Horticulture, Inc.'s consolidated balance sheet at Sept. 30, 2007, showed $265,100,000 in total assets and $266,300,000 in total liabilities, resulting in $1,200,000 total shareholders' deficit.
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Intellectual Property:
The Company's product sourcing and development yield unique plant varieties, which are marketed under a trade name and patented whenever possible. The Company has registered numerous trademarks, service marks and logos used in its businesses in the United States and Canada. The Company currently holds 45 registered trademarks, with 6 trademark applications pending. In addition, the Company has developed and continues to develop specialty plants for which it holds patents registered with the U.S. Patent and Trademark Office. The Company currently holds 71 patents, with 6 patent applications pending. [SEC Filing 10-K 07-10-07]
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Description:
The Company produces and distributes horticultural products. The company supplies various ornamental shrubs, color plants, and container-grown plants with 13 nursery facilities located in Arizona, California, Florida, Georgia, New York, Oregon, Pennsylvania, South Carolina, and Texas.
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Officers:
James R. Tennan (CEO); Claudia M. Pieropan (CFO); James O'Donnell (VP); Jeffrey Dunbar (VP)
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Auditor:
KPMG LLP
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Securities:
Common Stock Symbol HORT.PK; NasdaqGM;
22,072,549 common shares outstanding as of Nov. 6, 2007.
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