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Prospector Profile 07.1134
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Adzone Research, Inc. |
NAICS |
511210 |
4062-80 Grumman Blvd.
Calverton, NY 11933 |
Description |
Software Publishers |
(631) 369-1100 |
Employees |
6 |
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Revenue |
(mil) |
0.1030 |
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Income |
(mil) |
-3.7080 |
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Assets |
(mil) |
0.3470 |
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Liability |
(mil) |
3.6580 |
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(for the year ended 2007-03-31) |
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Category:
Audit Concerns
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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.
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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]
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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.
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Officers:
Charles Cardona (Chair & CEO); John Cardona (Vice Chair & COO); Warren Hamburger (Dir.); Russell Ivy (Dir.)
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Auditor:
Holtz Rubenstein Reminick LLP
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Securities:
Common Stock-Symbol ADZR.OB; OTC BB;
220,816,804 common shares outstanding as of July 12, 2007.
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