Prospector
Profile
08.0014
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| National Lampoon, Inc. |
NAICS |
711110 |
| 8228 Sunset Boulevard
West Hollywood, CA 90046 |
Description |
Television Programming Services |
| (310) 474-5252 |
Employees |
26 |
| http://www.nationallampoon.com/ |
Revenue |
(mil) |
6.0990 |
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Income |
(mil) |
-2.5040 |
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Assets |
(mil) |
7.7000 |
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Liability |
(mil) |
11.1370 |
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(for the year ended 2007-07-31) |
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Category:
Audit Concerns
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Event:
After auditing National Lampoon, Inc.'s financial statements for the year ended July 31, 2007, Weinberg & Company, Inc. notes that the Company had a working capital deficiency of $7,196,255 and accumulated deficit of $41,257,284 as of July 31, 2007 and a net loss of $2,504,170 for the year ended July 31, 2007. These factors raise substantial doubt about National Lampoon's ability to continue as a going concern.
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Intellectual Property:
The Company owns the common law trademark “National Lampoon™,” as used to promote the sale of a variety of goods and services in the United States. [SEC Filing 10-KSB 11-29-07]
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Description:
The media and entertainment company engages in the creation and distribution of comedic content.
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Officers:
James P. Jimirro (Chair); Daniel S. Laikin (CEO & Dir.); Lorraine Evanoff (Interim CFO); Timothy S. Durham (Dir.); Paul Skjodt (Dir.); James Toll (Dir.); Duncan Murray (Dir.); Robert Levy (Dir.)
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Auditor:
Weinberg & Company, Inc.
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Securities:
Common Stock-Symbol NLN; AMEX;
8,283,186 common shares outstanding as of November 6, 2007.
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