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Prospector
Profile
08.0024
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| TrueYou.com, Inc. |
NAICS |
812199 |
| Bldg. No. 501, 5th Fl., 7 Corporate Park
Norwalk, CT 06851 |
Description |
Day Spas |
| (203) 295-2121 |
Employees |
20 |
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Revenue |
(mil) |
3.5960 |
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Income |
(mil) |
124.9020 |
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Assets |
(mil) |
15.2950 |
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Liability |
(mil) |
86.7670 |
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(for the year ended 2007-06-30) |
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Category:
Audit Concerns
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Event:
Amper Politziner & Mattia PC expressed doubts on the ability of TrueYou.com, Inc. to continue as a going concern after auditing its financial statements for the year ended June 30, 2007. The Company has incurred operating losses and negative cash flows from operations since inception, and has a working capital deficiency. The Company has an accumulated deficit of $91.85 million and stockhodlers' deficit of $71.47 million as of June 30, 2007. It also has strained liquidity with $13.88 million in total current assets available to pay $17.59 million in total current liabilities.
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Intellectual Property:
The Company considers trademark protection to be important to its business. It is the owner of two U.S. and foreign trademark applications/registrations, including Cosmedicine and Truth is Beauty. [SEC Filing 10-KSB 11-20-07]
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Description:
TrueYou.com, Inc. offers skin care products for the beauty and medical aesthetics markets. Klinger Advanced Aesthetics, Inc.
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Officers:
Richard Rakowski (Chair & CEO); James F. O'Crowley (Pres.); Matthew Burris (EVP, COO, & CFO); Jane Terker (EVP, CMO, & Dir.); Carolyn Aversano (EVP); Wade Haddad (SVP); Michael S. Rodriguez (SVP-Bus. Dev'l.); Andrew D. Lipman (Dir.); Stephen H. Coltrin (Dir.); Daniel Piette (Dir.); Philippe Franchet (Dir.); Alan Panzer (Dir.); James O'Crowley III (Dir.); Alastair J. Clemow (Dir.)
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Auditor:
Amper Politziner & Mattia PC
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Securities:
Common Stock-Symbol TUYU.PK; PNK;
18,388,557 common shares outstanding as of November 2, 2007.
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