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Prospector Profile 07.1174
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IceWEB, Inc. |
NAICS |
516110 |
205 Van Buren Street, Suite 150
Herndon, VA 20170 |
Description |
Internet Sites |
(703) 964-8000 |
Employees |
25 |
http://www.iceweb.com/home/about_us.asp |
Revenue |
(mil) |
4.7680 |
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Income |
(mil) |
-3.8700 |
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Assets |
(mil) |
2.5950 |
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Liability |
(mil) |
3.6660 |
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(for the year ended 2006-09-30) |
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Category:
Loss/Deficit
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Event:
Sherb & Co. LLP expressed substantial
doubt about Ice Web, Inc.'s ability to continue as a going concern after auditing the Company's consolidated financial statements for the year ended Sept. 30, 2006. The auditing firm pointed to the company's net losses of $3,870,387 and $903,508 respectively, for the years ended September 30, 2006 and 2005.
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Intellectual Property:
The Company's success depends on its ability to protect intellectual property. The source codes, object codes, and documentation related to its products are all proprietary and protected by copyright. The Company also relies on common law rights to the trademark and service mark "IceWEB" in both block letters and stylized form. [SEC Filing 10-KSB 02-08-07]
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Description:
The Company develops content creation, management, publication, and delivery tools, which is implemented on Website.
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Officers:
John R. Signorello (Chair & CEO); James M. Bond (CTO); Harold F. Compton (Dir.); Raymond Pirtle (Dir.); Joseph L. Druzak (Dir.); Jack Bush (Dir.)
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Auditor:
Sherb & Company LLP
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Securities:
Common Stock-Symbol IWEB.OB; OTC BB;
10,268,514 common shares outstanding as of April 24, 2007.
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