December 17, 2007
Prospector
Profile
07.1667
 
Levcor International, Inc. NAICS 339993
110 West 40th Street New York, NY 10018 Description Buttons Mfg.
(212) 354-8500 Employees 118
Revenue (mil) 21.9360
  Income (mil) 1.6260
  Assets (mil) 13.1850
  Liability (mil) 22.7720
  (for the year ended 2006-12-31)
 
Category: Loss/Deficit
 
Event: Levcor International, Inc.'s consolidated balance sheet at Sept. 30, 2007, showed $13.7 million in total assets and $21.5 million in total liabilities, resulting in a $7.8 million total stockholders' deficit. It also has an accumulated deficit of $40 million as of September 30, 2007. The company reported net income of $169,000 on net sales of $5.1 million for the third quarter ended Sept. 30, 2007, compared with net income of $1.2 million on net sales of $5.6 million in the corresponding period in 2006.
 
Intellectual Property: The Company's products are sold under the La Mode®, Le Chic®, Streamline®, Favorite Findings®, Crafter's Images® and Button Fashion® registered trademarks and the Le Bouton, La Petite, Classic, Boutique Elegant and Mill Mountain brand names. [SEC Filing 10-K 03-30-07]
 
Description: The Company engages in the manufacture, packaging, and distribution of buttons and other craft products for the home sewing and craft retail industry.
 
Officers: Robert A. Levinson (Chair, Pres. & CEO); Edward F. Cooke (VP, CFO, Sec., Treas. & Dir.); Giandomenico Picco (Dir.); John McConnaughy (Dir.); Edward H. Cohen (Dir.)
 
Auditor: Friedman LLP
 
Securities: Common Stock-Symbol LEVC.OB; OTC BB; 5,331,881 common shares outstanding as of November 13, 2007.
 
 
 
return to main page