 |
Prospector
Profile
07.1105
|
| |
| Timeline, Inc. |
NAICS |
533110 |
| 1700 Seventh Avenue, Suite 2100
Seattle, WA 98101 |
Description |
Patent Licensing |
| (206) 357-8422 |
Employees |
1 |
| http://www.timeline.com/ |
Revenue |
(mil) |
0.0000 |
| |
Income |
(mil) |
-1.2970 |
| |
Assets |
(mil) |
1.6190 |
| |
Liability |
(mil) |
0.4300 |
| |
(for the year ended 2007-03-31) |
| |
|
Category:
Audit Concerns
|
| |
|
Event:
Williams & Webster PS issued a going concern emphasis on the financial statements of Timeline, Inc. for the fiscal year ended March 31, 2007. The auditor points out that the Company has recorded significant losses from operations as a result of its material and costly litigation on claims which, if unsuccessful, may result in insufficient revenues to support operational cash flows.
|
| |
|
Intellectual Property:
The Company's patent portfolio consists of a total of 7 patents granted by the U.S. Patent and Trademark Office on its technology, covering a total of 148 issued claims. These patent rights include 6 U.S. patents on automation of data retrieval and sorting of data stored in multi-dimensional arrays technology for a total of 136 issued claims. One of these patents expires in 2011 and the remaining patents expire in 2016. In addition, its wholly owned subsidiary, WorkWise Software, Inc., holds 1 U.S. patent with 12 issued claims on a method of automating the monitoring and processing of data in data bases, which expires October 2019. It has also been granted patents in Australia, Canada, China, Hong Kong, Israel, Korea, Mexico and Singapore. The patents cover certain processes, or series of processes, involved in accessing data and establishing database structures or formats automatically. [SEC Filing 10-KSB 06-29-07]
|
| |
|
Description:
The Company licenses intellectual property protected by patents that are granted by the U.S. Patent and Trademark Office and other countries.
|
| |
|
Officers:
Ron Kupferman (Chair & CEO); Matthew Kupferman (Pres.); Spencer Kupferman (VP); Becky Kaufman (VP)
|
| |
|
Auditor:
Williams & Webster PS
|
| |
|
Securities:
Common Stock-Symbol TMLN.OB; OTC BB;
4,190,998 common shares outstanding as of May 31, 2007.
|
| |
| |
| |
| return to main page |
|
|
