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Prospector
Profile
2-22-008
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| VGTel, Inc. |
NAICS |
561422 |
| 2 Ingrid Road
Setauket, NY 11733-2218 |
Description |
Telemarketing |
| (631) 458-1120 |
Employees |
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Revenue |
(mil) |
0.0200 |
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Income |
(mil) |
-0.1000 |
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Assets |
(mil) |
0.0100 |
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Liability |
(mil) |
0.0300 |
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(for the year ended 2007-03-31) |
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Category:
Loss/Deficit
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Event:
VGTel, Inc., had a net loss of $19,913 for the third quarter ended December 31, 2007, slightly higher than the $12,516 net loss incurred during the third quarter of 2006. For the nine months ended December 31, 2007, the Company had a $57,371 net loss, much higher that the $27,768 net loss reported during the same period in 2006. At December 31, 2007, the Company's balance sheet showed an accumulated deficit of $213,392 and stockholders' deficit of $13,892. It also has strained liquidity with $8,311 in total current assets available to pay $39,603 in total current liabilities.
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Intellectual Property:
On January 18, 2006, pursuant to an Asset Purchase Agreement executed between VGTel, Inc., and NYN International, LLC, the Company purchased all of the assets, software, contracts, and intellectual properties and know-how of NYN's Global Messaging Gateway (GMG) system. The GMG System is a telemarketing campaign product designed to enable a single customer using the system to set up a telemarketing campaign to distribute messages to bulk lists of recipients in the medium of text, voice, Fax or multimedia. Messages can be delivered from one control center (one location) to thousands of clients anywhere in the world simultaneously using the internet instead of traditional telephone equipment. [SEC Filing SB-2/A 12-04-07]
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Description:
VGTel, Inc., a development stage company, currently testing a newly developed telemarketing campaign product called Global Messaging Gateway (GMG).
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Officers:
Ron Kallus (Chair, Pres. & CEO); Israel Hason (VP); Niva Kallus (Sec.)
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Auditor:
Nachum Blumenfrucht PCAOB
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Securities:
4,800,000 common shares outstanding as of February 11, 2008.
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