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Prospector
Profile
121-06
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| ProLong International Corp. |
NAICS |
324110 |
| 17301 Bonner Drive
Tustin, CA 92780 |
Description |
Lubricants Mfg. |
| (949) 587-2700 |
Employees |
21 |
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Revenue |
(mil) |
7.9090 |
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Income |
(mil) |
-2.8550 |
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Assets |
(mil) |
8.8840 |
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Liability |
(mil) |
5.2290 |
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(for the year ended 2004-12-31) |
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Category:
Bankruptcy
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Event:
ProLong International Corp. filed for Chapter 11 protection on January 10, 2008 in the Bankruptcy Court for the Central District of California (Sta. Ana), case number 08-10127, before Judge Robert N. Kwan.
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Intellectual Property:
On November 20, 1998, the Company acquired substantially all of the assets of EPL Pro-Long, Inc., including its U.S. and foreign patents pertaining to the AFMT technology and related U.S. and foreign trademarks. As a result of the transaction, the Company owns the exclusive rights to manufacture, distribute and sell products based on the patented AFMT technology in the U.S. and in certain foreign countries, and to use the “Prolong” trade name and trademarks. The Company has also obtained a federally registered patent in the United States for a “Sponge Applicator Device” (U.S. Patent No. 6,010,268) and Sponge Applicator (U.S. Design Patent No. 414005). The Company has obtained or applied for trademark registration protection in numerous countries for various trademarks utilized in the marketing and promotion of Prolong lubricant products. Currently, the Company holds several federally registered trademarks in the United States, including "ProLong" and the related design (U.S. Reg. Nos. 2,136,672 and 2,136,576), "ProLong Super Lubricants" (U.S. Reg. No. 2,136,577), "No Equal In The World" & design (U.S. Reg. No. 2,129,784), "No Equal In The World" (U.S. Reg. No. 2,270,653), "SPL100" (U.S. Reg. No. 2,022,220), "The Ultimate In Protection & Performance" (U.S. Reg. No. 2,129,785), the Oil Drop Logo (U.S. Reg. No. 2,135,230), "Trigger Spray Bottle Configuration" (U.S. Reg. No. 2,376,247), and "Trigger Spray Bottle Blue Color" (U.S. Reg. No. 2,376,248). [SEC Filing 10-KSB 04-15-05]
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Description:
ProLong is engaged in the manufacture, sale and worldwide distribution of a line of high performance lubrication and automotive appearance products, several of which are based on a patented extreme pressure lubricant additive for use in metal lubrication, commonly referred to as anti-friction metal treatment (AFMT).
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Officers:
Elton Alderman (Chair, Pres. & CEO); Thomas C. Billstein (COO, Sec. & Dir.); William A. Carlson (VP & Dir.); Anthony J. Azavedo (Dir.); Richard L. McDermott (Dir.)
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Auditor:
Haskell & White LLP
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Attorneys:
Robert P. Goe, Esq. of Goe & Forsythe LLP; Newport Beach, CA; (949) 467-3780
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Securities:
Common Stock-Symbol PRLI.PK; Other OTC;
35,177,300 common shares outstanding as of March 31, 2005.
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