January 7, 2008
Prospector
Profile
08.0004
 
AMS Health Sciences, Inc. NAICS 446191
711 North East 39th Street Oklahoma City, OK 73105 Description Food Supplement Stores
(405) 842-0131 Employees 25
http://www.amsonline.com/WebPages/Welcome.asp Revenue (mil) 9.6800
  Income (mil) -2.2150
  Assets (mil) 6.9320
  Liability (mil) 4.8750
  (for the year ended 2006-12-31)
 
Category: Bankruptcy
 
Event: AMS Health Sciences, Inc. filed for Chapter 11 protection on December 27, 2007, with the Bankruptcy Court for the Western District of Oklahoma, case number 07-14678, before Judge Richard L. Bohanon.
 
Intellectual Property: The Company uses several trademarks and trade names in connection with its marketing products and operations. As of December 31, 2006, it had 30 federal trademark registrations with the United States Patent and Trademark Office. It also claims ownership and protection of certain product names, unregistered trademarks, and service marks under common law. The Company owns certain intellectual property, including trade secrets, which are protected, in part, through confidentiality agreements with employees and other parties. The Company's proprietary product formulations are generally considered trade secrets, but are not otherwise protected under intellectual property laws. [SEC Filing 10-KSB 03-30-07]
 
Description: The Company engages in the development and distribution of nutritional, weight loss, and personal care products.
 
Officers: Jerry W. Grizzle (Chair, Pres. & CEO); Robin L. Jacob (VP, CFO, Sec., Treas. & Dir.); M. Thomas Buxton III (Dir.); Stephen E. Jones (Dir.); Richard C. Wiser (Dir.); Lawrence R. Moreau (Dir.); James M. Lee (Dir.)
 
Auditor: Cole & Reed PC
 
Attorneys: Shaun T. Riley, Esq. of Resides & Resides PLLC; Oklahoma City, OK; (405) 605-6547
 
Securities: Common Stock-Symbol AMSI.OB; OTC BB; 8,515,824 common shares outstanding as of November 12, 2007.
 
Notes: When the Company filed for Chapter 11 protection, it listed total assets of $6,800,000 and total debts of $3,400,000.
 
 
return to main page