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Prospector
Profile
117-02
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| Packetport.com, Inc. |
NAICS |
511210 |
| 587 Connecticut Avenue
Norwalk, CT 06854 |
Description |
Software Publisher |
| (203) 831-2214 |
Employees |
0 |
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Revenue |
(mil) |
0.0000 |
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Income |
(mil) |
-0.5040 |
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Assets |
(mil) |
0.0002 |
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Liability |
(mil) |
5.0640 |
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(for the year ended 2007-01-31) |
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Category:
Loss/Deficit
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Event:
Packetport.com, Inc., had a net loss of $144,214 for the third quarter ended October 31, 2007, compared with a net loss of $128,516 during the same period last year. For the nine months ended October 31, 2007, the Company had a net loss of $423,293 slightly higher than the $388,744 net loss reported during the same period in 2006. The Company's balance sheet at October 31, 2007, showed an accumulated deficit of $27,765,039 and stockholders' deficit of $5,483,381. It also has strained liquidity with $163 in total current assets available to pay $5,483,544 in total current liabilities.
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Intellectual Property:
The Company has obtained a registration for its VoicePak™ trademark from the U.S. Patent and Trademark Office. [SEC Filing 10KSB 6-7-2007]
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Description:
Packetport.com is engaged in Internet-centric business program geared for delivery of Internet protocol-based phone services.
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Officers:
Ronald A. Durando (Chair, Pres. & CEO); Gustave T. Dotoli (COO, CFO, VP & Sec.)
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Auditor:
Demetrius & Company LLC
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Securities:
Common Stock-Symbol PKPT.OB; OTC BB; 22,107,520 common shares outstanding as of November 28, 2007.
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