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Prospector Profile 07.1125
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Modavox, Inc. |
NAICS |
516110 |
2617 S 46th Street, Suite 300
Phoenix, AZ 85034 |
Description |
Internet Sites |
(480) 643-5626 |
Employees |
51 |
http://www.modavox.com/ |
Revenue |
(mil) |
2.6590 |
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Income |
(mil) |
-0.5540 |
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Assets |
(mil) |
4.5840 |
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Liability |
(mil) |
0.5000 |
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(for the year ended 2007-02-28) |
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Category:
Loss/Deficit
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Event:
Modavox, Inc. reported a net loss of $337,831 for the first quarter ended May 31, 2007, compared with a net loss of $669,233 for the same period ended May 31, 2006. For the quarter ending May 31, 2007, the Company reported revenues increased 39% to $602,338 compared to $432,903 for the quarter ending May 31, 2006. At May 31, 2007, the company's consolidated balance sheet showed $5.8 million in total assets, $559,107 in total liabilities, and $5.2 million in total stockholders' equity.
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Intellectual Property:
The Company owns a proprietary software technology that is utilized to create the BoomBox platform used in its Broadcast Media Division and the Modavox Platform that is used in its Interactive Media Division. SurfNet and BoomBox are registered trademarks in the United States and Modavox is currently in the process of being registered. [SEC Filing 10-KSB 06-13-07]
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Description:
The Company produces audio and video media content for targeted audience.
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Officers:
David Ide (CEO & Dir.); Nathaniel Bradley (Chief Technology Officer & Dir.); Jay Stulberg (Dir.); Hubert Glover (Dir.); Jim Crawford (Dir.)
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Auditor:
Malone & Bailey PC
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Securities:
Common Stock-Symbol MDVX.OB; OTC BB;
37,418,601 common shares outstanding as of May 31, 2007.
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