 |
Prospector
Profile
07.1078
|
| |
| ADM Tronics Unlimited, Inc. |
NAICS |
339100 |
| 224-S Pegasus Avenue
Northvale, NJ 07647 |
Description |
Medical Equipment Mfg. |
| (201) 767-6040 |
Employees |
16 |
| http://www.admtronics.com/ |
Revenue |
(mil) |
1.5370 |
| |
Income |
(mil) |
-8.1650 |
| |
Assets |
(mil) |
5.8060 |
| |
Liability |
(mil) |
0.2160 |
| |
(for the year ended 2007-03-31) |
| |
|
Category:
Loss/Deficit
|
| |
|
Event:
ADM Tronics Unlimited, Inc. reported a net loss of $8,165,886 on revenues of $1,537,860 for the year ended March 31, 2007, higher than the net loss reported last year of $7,171,130 on revenues of $1,724,269. As a result of its recurring losses, the Company has an accumulated deficit of $24,735,114 in its March 31, 2007 balance sheet.
|
| |
|
Intellectual Property:
The Company's subsidiary has developed the Sonotron Technology to treat subjects suffering from the pain of inflammatory joint conditions. The Sonotron Technology is the subject of three United States patents, which expire in 2011, 2012 and 2016. Foreign patents relating to the Sonotron Technology have been issued in Brazil, Canada, France, Holland, Italy, Japan, Sweden, Switzerland, the United Kingdom and West Germany, which patents expire on various dates through 2009. In May 1999, the Company acquired certain assets related to the Needle-Eater, a patented device used to dispose of used syringes and other medical sharps. [SEC Filing 10-KSB 06-29-07]
|
| |
|
Description:
The Company operates as a technology-based developer and manufacturer of health and life enhancing technologies and products.
|
| |
|
Officers:
Andre' DiMino (Pres., CEO, CFO & Dir.); Vincent DiMino (VP & Dir.); David Saloff (Dir.)
|
| |
|
Auditor:
Raich Ende Malter & Co. LLP
|
| |
|
Securities:
Common Stock-Symbol ADMT.OB; OTC BB;
53,882,037 common shares outstanding as of June 19, 2007.
|
| |
| |
| |
| return to main page |
|
|
