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Prospector Profile 07.1110
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Cicero, Inc. |
NAICS |
511210 |
1433 State Highway 34, Building C
Farmingdale, NJ 07727 |
Description |
Software Publishers |
(732) 919-3150 |
Employees |
18 |
http://www.level8.com/ |
Revenue |
(mil) |
0.9720 |
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Income |
(mil) |
-2.9970 |
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Assets |
(mil) |
0.5970 |
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Liability |
(mil) |
8.5090 |
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(for the year ended 2006-12-31) |
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Category:
Audit Concerns
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Event:
Margolis & Company PC notes that Cicero, Inc. has experienced negative cash flows from operations for the past three years. At December 31, 2006, the Company had a working capital deficiency of approximately $7,894,000. Accordingly, the auditor believes that there is substantial doubt that the Company can continue as a going concern.
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Intellectual Property:
The Company relies upon combinations of copyright, trademark and trade secrecy protections, along with contractual provisions, to protect intellectual property rights in software, documentation, data models, methodologies, data processing systems and related written materials in the international marketplace. The Company originally licensed the Cicero® technology and related patents on a worldwide basis from Merrill Lynch Pierce Fenner & Smith, Inc. in August 2000. Merrill Lynch holds a patent with respect to the Cicero® technology. The Company uses the registered trademarks “Cicero®” and “Ensuredmail.” [SEC Filing 10-K/A 07-11-07]
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Description:
The Company provides business integration software worldwide.
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Officers:
John L Steffens (Chair); John Broderick (CEO, CFO & Dir.); Anthony C. Pizi (Chief Information Officer & Dir.); Mark Landis (Dir.); Bruce W. Hasenyager (Dir.); Jay R. Kingley (Dir.); Charles B. Porciello (Dir.); Bruce D. Miller (Dir.); Bruce A. Percelay (Dir.); John W. Atherton (Dir.)
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Auditor:
Margolis & Company PC
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Securities:
Common Stock-Symbol CICN.OB; OTC BB;
38,873,793 common shares outstanding as of March 13, 2007.
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