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Prospector
Profile
07.1126
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| OBN Holdings, Inc. |
NAICS |
515120 |
| 8275 South Eastern Ave., Suite 200
Las Vegas, NV 89123 |
Description |
Television Broadcasting |
| (702) 938-0467 |
Employees |
4 |
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Revenue |
(mil) |
0.2470 |
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Income |
(mil) |
-1.0060 |
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Assets |
(mil) |
0.5230 |
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Liability |
(mil) |
3.1520 |
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(for the year ended 2006-06-30) |
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Category:
Loss/Deficit
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Event:
OBN Holdings, Inc. reported a net loss of $104,549 for the third quarter ended March 31, 2007, compared to a net loss of $195,208 during the same period last year. As a result of its recurring losses, the Company has an accumulated deficit of $7,164,810 and stockholder's deficit of $1,563,725 as of March 31, 2007. It also has strained liquidity with $1,058 in total current assets and $ 2,014,447 in total current liabilities.
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Intellectual Property:
The Company currently has the rights to over 750 intellectual properties, some of which were purchased and are wholly-owned as a part of its film library. In addition to the licensed and wholly-owned programs, the Company has several programs in development under the Eclectic Entertainment subsidiary, including "Music on Demand," "The LA Food Scene," "Adventures of Unit 28," and "The Mini-Movie Hour." In addition, the Company has sports programming such as "After the Game," "US Australian Football" and "Destination Adventure." During the fiscal year ended June 30, 2006, the Company has added over 500 additional titles to its film library. [SEC Filing 10-KSB 12-27-06]
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Description:
The Company provides television broadcasting, feature film and television production, music production, distribution and merchandising.
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Officers:
Roger Neal Smith (Chair & CEO); Larry Taylor, Ph.D. (CFO); Anita L. DeFrantz (Dir.); Dennis Severson (Dir.); Barry Allen (Dir.); Christine Ohama (Dir.)
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Auditor:
Corbin & Company LLP
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Securities:
Common Stock-Symbol OBNI.PK; Other OTC;
24,540,904 common shares outstanding as of July 5, 2007.
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