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Prospector
Profile
204-03
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| SheerVision, Inc. |
NAICS |
339100 |
| 4030 Palos Verdes Drive North, Suite 104
Rolling Hills Estates, CA 90274 |
Description |
Medical Equipment Mfg. |
| (310) 265-8918 |
Employees |
17 |
| http://www.sheervision.com/ |
Revenue |
(mil) |
4.3520 |
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Income |
(mil) |
-0.9050 |
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Assets |
(mil) |
0.8560 |
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Liability |
(mil) |
0.7500 |
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(for the year ended 2007-08-31) |
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Category:
Loss/Deficit
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Event:
SheerVision, Inc. had a net loss of $40,973 on total revenues of $1,124,098 for the quarter ended November 30, 2007, compared to a net loss of $394,967 on total revenues of $1,174,411 for the quarter ended November 30, 2006. The Company's balance sheet at November 30, 2007, showed an accumulated deficit of $4,805,336 and stockholders' equity of only $64,679. It also has strained liquidity with $815,806 in total current assets available to pay $879,908 in total current liabilities.
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Intellectual Property:
The Company currently offers two portable headlight systems: the Original FireFly LED™, and the FireFly Infinity™ LED. Both light sources are available with the FireFly FlipFilter™, a patent-pending accessory that is of great use to customers in the dental profession. On June 20, 2006, the Company was granted federal registration of the trademark SheerVision® by the United States Patent and Trademark Office. [SEC Filing 10-KSB 11-29-07]
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Description:
SheerVision designs and sells proprietary surgical loupes and headlight systems to the dental, medical, and veterinary markets.
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Officers:
Jeffrey Lewsadder (Pres., Sec. & Dir.); Suzanne Lewsadder (CEO, Treas. & Dir.); Suzanne Puente (CFO); Shemiran Hart (Dir.); Sharon Biddle (Dir.); David Frankel (Dir.)
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Auditor:
Miller Ellin & Company LLP
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Securities:
Common Stock-Symbol SVSO.OB; OTC BB;
12,735,190 common shares outstanding as of January 10, 2008.
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