March 24, 2008
Prospector
Profile
3-19-004
 
Sequiam Corporation NAICS 334119
300 Sunport Lane Orlando, FL 32809 Description Biometric Systems Mfg.
(407) 541-0773 Employees 13
http://www.sequiam.com/ Revenue (mil) 1.6900
  Income (mil) -5.2000
  Assets (mil) 3.7200
  Liability (mil) 8.2100
  (for the year ended 2006-12-31)
 
Category: Bankruptcy
 
Event: Sequiam Corporation and affiliate Sequiam Biometrics, Inc., filed for Chapter 11 protection on March 15, 2008, with the U.S. Bankruptcy Court for the Middle District of Florida (Orlando), case numbers 08-01984 and 08-01985, respectively, before Judge Arthur B. Briskman.
 
Intellectual Property: The Company has submitted its patent for BioVault(TM) with the United States Patent Office. The Company has registered Sequiam, Smart Biometrics and BioVault as trademarks with the U.S. Patent and Trademark Office. [SEC Filing 10-KSB 04-16-07]
 
Description: Sequiam Corporation, through its subsidiaries, develops, markets, and supports biometric fingerprint unlocking devices that enable users to gain access using their personal identity.
 
Officers: Nicholas H. VandenBrekel (Chair, Pres. & CEO); Mark L. Mroczkowski (SVP, CFO & Dir.); James C. Stanley (Dir.); Alan McGinn (VP & CTO)
 
Auditor: Tedder James Worden & Associates PA
 
Attorneys: R. Scott Shuker, Esq., at Latham Shuker Eden & Beaudine LLP; Orlando, Fla.; (407) 481-5800
 
Securities: Common Stock-Symbol SQUM.OB; OTC BB; 93,725,266 common shares outstanding as of November 9, 2007.
 
Notes: When the Company filed for Chapter 11 protection, it listed estimated assets of $1 Million to $10 Million and estimated debts of $10 million to $50 million.
 
 
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