Prospector
Profile
07.1175
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| ICT Technologies, Inc. |
NAICS |
550000 |
| 181 Westchester Avenue
Port Chester, NY 10573 |
Description |
Management of Companies |
| (914) 939-3200 |
Employees |
13 |
| http://www.icttechnologies.com/ |
Revenue |
(mil) |
0.1610 |
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Income |
(mil) |
-0.4140 |
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Assets |
(mil) |
0.4090 |
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Liability |
(mil) |
2.8810 |
| |
(for the year ended 2006-12-31) |
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Category:
Audit Concerns
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Event:
Michael T. Studer CPA PC expressed doubts on the ability of ICT Technologies, Inc. to continue as a going concern after auditing its financial statements. The auditor points out that the Company has experienced net losses since inception of $5,840,170 and at December 31, 2006, the Company had a working capital deficiency of $2,513,106 and a stockholders' deficiency of $2,472,426.
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Intellectual Property:
The Company's Europhone subsidiary owns the rights to the Europhone trademarks, the “Eugro World” sim and related sim cards and services. Its Eurospeed subsidiary operates motorcycle and scooter operations and holds the Eurosopeed related trademark. [SEC Filing 10-KSB 07-25-07]
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Description:
The Company distributes various products and services in the telecommunications and consumer durables sectors in Europe, the Americas, and the Asia/Pacific.
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Officers:
Vasilios Koutsobinas (Chair & CEO); Aris Constandinidies (Pres.); Andrew Eracleous (CFO & Dir.); Paul Kotrotsios (Dir.); Georgia Dumas (Dir.)
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Auditor:
Michael T. Studer CPA P.C.
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Securities:
Common Stock-Symbol ICTT.PK; Other OTC;
98,697,384 common shares outstanding as of June 30, 2007.
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