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Prospector
Profile
07.1252
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| Nano Superlattice Technology, Inc. |
NAICS |
334400 |
| No. 666, Jhensing Rd.
Gueishan Township, Taiwan, ROC |
Description |
Semiconductor Mfg. |
| 011-886-3-349-8677 |
Employees |
20 |
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Revenue |
(mil) |
9.4690 |
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Income |
(mil) |
-0.1930 |
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Assets |
(mil) |
12.1250 |
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Liability |
(mil) |
7.3820 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Nano Superlattice Technology, Inc. reported a net loss of $252,594 for the second quarter ended June 30, 2007, compared with a net loss of $50,143 for the same period ended June 30, 2006. Net sales for the three months ended June 30, 2007 were $2.1 million compared to $2.6 million for the three months ended June 30, 2006. At June 30, 2007, the Company's consolidated balance sheet showed $12.5 million in total assets, $7.9 million in total liabilities, $95,642 in minority interest, and $4.5 million in total shareholders' equity. The company's consolidated financial statements for the quarter ended June 30, 2007, also showed strained liquidity with $4.2 million in total current assets available to pay $6.3 million in total current liabilities.
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Intellectual Property:
In the hard-coating field, Dr. Cheng was awarded a 10-year patent on anode arc ion plating technology on October 25, 2002 in the People's Republic of China. Dr. Cheng granted the Company exclusive use of the technology under this patent without condition in exchange for receiving equity in the Company. The Company has a pending patent application in Taiwan for its superlattice nano-coating technology. [SEC Filing 10-KSB 04-03-07]
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Description:
The Company is engaged in the coating of tools and components with nano structured PVD coatings for the semiconductor, precision machinery and telecommunication industries.
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Officers:
Alice Tzu-Shia Hwang (Chair & Pres.); Chien-Fang Wang (VP & Dir.); Yu-Chien Cheng (Dir.); Kevin Chung-Chieh Lin (Dir.); Yun-Chun Tseng (Dir.); Tzu-Sheng Su (Dir.)
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Auditor:
Simon & Edward LLP
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Securities:
Common Stock-Symbol NSLT.OB; OTC BB;
32,343,000 common shares outstanding as of August 23, 2007.
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