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Prospector Profile 07.1236
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Zim Corporation |
NAICS |
517212 |
150 Isabella Street, Suite 150
Ottawa, Ontario, Canada K1S 1V7 |
Description |
Wireless Communications |
(613) 727-1397 |
Employees |
20 |
http://www.zim.biz/background.html |
Revenue |
(mil) |
2.1950 |
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Income |
(mil) |
-1.9360 |
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Assets |
(mil) |
1.2000 |
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Liability |
(mil) |
0.9320 |
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(for the year ended 2007-03-31) |
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Category:
Loss/Deficit
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Event:
Zim Corporation reported a net loss for the quarter ended June 30, 2007 of $97,397, substantial decrease from the net loss reported during the same quarter a year ago of $567,725. Revenues for the quarter ended June 30, 2007, was $538,027, a decrease from $705,797 for the quarter ended June 30, 2006. At June 30, 2007, the Company's consolidated balance sheet showed $1.2 million in total assets, $986,519 in total liabilities, and $200,308 in total stockholders' equity.
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Intellectual Property:
The Company relies on confidentiality agreements to protect its trade secrets. [SEC Filing 10-KSB 06-21-07]
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Description:
The Company is a provider of mobile messaging and data services. The Company use its technology and expertise to expand the use of the mobile phone beyond voice to include SMS messages and other content, such as ringtones and wallpapers.
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Officers:
Dr. Michael Cowpland (Pres., CEO, CFO & Dir.); Roberto Campagna (VP); Phil Scavo (Dir.); Steven Houck (Dir.); James Stechyson (Dir.); Donald Gibbs (Dir.)
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Auditor:
Raymond Chabot Grant Thornton LLP
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Securities:
Common Stock-Symbol ZIMCF.OB; OTC BB;
88,061,955 common shares outstanding as of June 7, 2007.
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