December 10, 2007
Prospector
Profile
07.1639
 
Growers Direct Coffee Company, Inc. NAICS 445299
2813 7Th Street Berkeley, CA 94710 Description Coffee Stores
(510) 204-9424 Employees 0
Revenue (mil) 2.6120
  Income (mil) -8.5300
  Assets (mil) 1.3320
  Liability (mil) 0.2960
  (for the year ended 2006-12-31)
 
Category: Loss/Deficit
 
Event: Growers Direct Coffee Company, Inc. reported a net loss of $2,464,180 on revenue of $754,568 for the third quarter ended Sept. 30, 2007, compared with a net loss of $3,140,049 on revenue of $349,901 in the same period last year. At Sept. 30, 2007, the company's consolidated financial statements showed $2,277,961 in total assets, $1,688,113 in total liabilities, and $589,848 in total stockholders' equity. The Company also has an accumulated deficit of $18,778,641 as of September 30, 2007.
 
Intellectual Property: On October 10, 2005, the Company recorded a registered trademark for $72,691 in its balance sheet after acquiring Uncommon Grounds, Inc. [SEC Filing SB-2 05-03-07]
 
Description: The Company distributes and markets a green bean coffee grown in Papua New Guineain the United States, Canada and Europe.
 
Officers: Terry Klassen (CEO & Dir.); Shailen Singh (Pres., CFO & Dir.); Jon Yogiyo (Dir.); James K. Fraser (Dir.)
 
Auditor: William & Webster PS
 
Securities: 29,896,334 common shares outstanding as of June 30, 2007.
 
 
 
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