Prospector
Profile
08.0022
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| Stream Communications Network & Media, Inc. |
NAICS |
515210 |
| Suite 1400 - 400 Burrard Street
Vancouver, British Columbia, V6C 3G2 |
Description |
Cable Television Networks |
| (604) 669-2826 |
Employees |
3 |
| http://www.streamcn.com/s/Home.asp |
Revenue |
(mil) |
6.4720 |
| |
Income |
(mil) |
-4.4850 |
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Assets |
(mil) |
14.6220 |
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Liability |
(mil) |
9.3530 |
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(for the year ended 2006-12-31) |
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Category:
Audit Concerns
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Event:
Deloitte & Touche LLP expressed doubts on the ability of Stream Communications Network & Media, Inc. to continue as a going concern after auditing its financial statements for the year ended December 31, 2006. The auditor points out that the Company has recurring operating losses, an accumulated deficit of $46,886,979 and negative working capital of $1,787,498 at December 31, 2006. The continuing operations of the Company are dependent upon its ability to continue to raise adequate financing and to commence profitable operations in the future.
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Intellectual Property:
Stream has registered its trademark, its logo, and the names of its cable television program packages. [SEC Filing 20-F 11-19-07]
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Description:
Stream Communications is one of the fastest growing cable communications companies providing cable television, broadband internet and Telephony services to southern Poland.
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Officers:
Robert J. Wussler (Chair); Jan Rynkiewicz (Pres., CEO & Dir.); Jens Chr. Christensen
(CFO); Iwona Kozak (Dir.); Robert Dziublowski (Dir.)
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Auditor:
Deloitte & Touche LLP
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Securities:
Common Stock-Symbol SCNWF.PK; Other OTC;
71,396,491 common shares outstanding as of December 31, 2006.
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