August 6, 2007
Prospector
Profile
07.1134
 
Adzone Research, Inc. NAICS 511210
4062-80 Grumman Blvd. Calverton, NY 11933 Description Software Publishers
(631) 369-1100 Employees 6
Revenue (mil) 0.1030
  Income (mil) -3.7080
  Assets (mil) 0.3470
  Liability (mil) 3.6580
  (for the year ended 2007-03-31)
 
Category: Audit Concerns
 
Event: Holtz Rubenstein Reminick LLP notes that Adzone Research, Inc. has incurred a net loss of $3,708,363 and used cash of $1,457,266 in conducting its operations during the year ended March 31, 2007. These recurring negative trends raise substantial doubt about the Company’s ability to continue as a going concern.
 
Intellectual Property: AdZone owns its internet domain names, www.AdZoneinteractive.com, www.AdZoneresearch.com, www.AdZonereports.com, and www.oppsafe.com. It also holds a common law copyright on all of its proprietary software. [SEC Filing 10-KSB 07-13-07]
 
Description: The Company develops the OPPS (Online Predator Profiling System), an online application is designed to identify and track online sexual predators as well as assist in finding missing children.
 
Officers: Charles Cardona (Chair & CEO); John Cardona (Vice Chair & COO); Warren Hamburger (Dir.); Russell Ivy (Dir.)
 
Auditor: Holtz Rubenstein Reminick LLP
 
Securities: Common Stock-Symbol ADZR.OB; OTC BB; 220,816,804 common shares outstanding as of July 12, 2007.
 
 
 
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