Prospector
Profile
07.1152
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| Natco International, Inc. |
NAICS |
334514 |
| 8559 - 132 Streeet
Surrey, British Columbia, Canada V3W 4N8 |
Description |
Parking Meters Mfg. |
| (604) 592-0047 |
Employees |
0 |
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Revenue |
(mil) |
0.0000 |
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Income |
(mil) |
-0.2340 |
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Assets |
(mil) |
0.0180 |
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Liability |
(mil) |
0.8650 |
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(for the year ended 2007-03-31) |
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Category:
Audit Concerns
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Event:
Moore & Associates Chartered expressed doubts on the ability of Natco International, Inc. to continue as a going concern due to its significant operating losses incurred over the past three years and substantial stockholders' deficiency and working capital deficiency.
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Intellectual Property:
The Company holds the exclusive, worldwide license for the PhotoViolationMeter™ (PVM) and the PVM System. The PVM System is a proprietary, integrated parking management system that utilizes the patented PhotoViolationMeter™ and MeterLink™, through which it offers a state-of-the-art, superior parking solution for cities and municipalities. The PhotoViolationMeter™ is a fully patented, automated, wireless, digital parking meter with a built-in camera. MeterLink™ is the Company's back-end parking management software package that is fully integrated with the PVM. [SEC Filing 10-KSB 07-16-07]
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Description:
The Company recently acquired Photo Violation Technologies Corp., a Canadian company engaged in manufacture and sales of parking equipment.
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Officers:
Raj-Mohinder S. Gurm (Pres. & CFO); John H. Rennie (Sec. & Dir.); Gerry Podersky-Cannon (Dir); Stephen Sleigh (Dir)
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Auditor:
Moore & Associates Chartered
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Securities:
Common Stock-Symbol NCII.OB; OTC BB;
15,047,614 common shares outstanding as of June 30, 2007.
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