Prospector
Profile
07.1172
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| Gray Peaks, Inc. |
NAICS |
334220 |
| 1320 Tower Road
Schaumburg, IL 60173 |
Description |
GPS Equipment Mfg. |
| (847) 598-3750 |
Employees |
4 |
| http://www.graypeaks.com/ |
Revenue |
(mil) |
0.0000 |
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Income |
(mil) |
-1.9810 |
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Assets |
(mil) |
0.0030 |
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Liability |
(mil) |
1.1120 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
McGladrey & Pullen LLP expressed substantial doubt about Gray Peaks, Inc.'s ability to continue as a going concern after auditing its financial statements. The auditor points out that the Company has experienced slower than expected start up of operations, which has adversely affected the Company’s current results of operations and liquidity.
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Intellectual Property:
The Company has applied for an industry patent related to the passive tracking of shipping containers connected to a wireless tracking device. [SEC Filing 10-KSB 08-06-07]
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Description:
The Company provides wireless business solutions to the transportation industry.
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Officers:
Tim R. Sensenig (Chair & Co-CEO); Bary Bertiger (Co-CEO & Dir.); Bernard Asher (Pres., CFO & Treas.); Michael Proffitt (Dir.); David C. Cairns (Dir.)
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Auditor:
McGladrey & Pullen LLP
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Securities:
Common Stock-Symbol GRPK.PK; Other OTC;
8,942,605 common shares outstanding as of July 17, 2007.
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