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Prospector
Profile
07.1249
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| Modtech Holdings, Inc. |
NAICS |
236117 |
| 2830 Barrett Avenue
Perris, CA 92571 |
Description |
Modular Housing |
| (951) 943-4014 |
Employees |
710 |
| http://www.modtech.com/ |
Revenue |
(mil) |
156.0330 |
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Income |
(mil) |
-54.6910 |
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Assets |
(mil) |
122.8100 |
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Liability |
(mil) |
55.9690 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Modtech Holdings, Inc. reported a net loss of $42,928,000 for the three months ended June 30, 2007, compared to a net loss of $297,000 during the same period a year ago. For the six months ended June 30, 2007, the Company reported a net loss of $42,400,000, compared to a net loss of $4,198,000 during the first half of 2006. As a result of its recurring losses, the Company has an accumulated deficit of $109,341,000 as of December 31, 2006.
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Intellectual Property:
The Company uses two registered trademarks, “Modtech” and “the right space, at the right time, for the right price.” The Company also holds certain intellectual property in the form of proprietary designs which have been approved for modular classroom design by the State of California. [SEC Filing 10-KSB 04-03-07]
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Description:
The Company engages in the design, manufacture, marketing, and installation of classroom and other custom modular projects.
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Officers:
Charles R. Gwirtsman (Chair); Dennis L. Shogren (Pres., CEO & Dir.); Kenneth S. Cragun (CFO); Robert W. Campbell (Dir.); Daniel J. Donahoe (Dir.); Stanley Gaines (Dir.); Myron A. Wick III (Dir.)
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Auditor:
Squar Milner Peterson Miranda & Williamson LLP
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Securities:
Common Stock-Symbol MODT; NasdaqGM;
21,419,415 common shares outstanding as of August 7, 2007.
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