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Prospector
Profile
07.1260
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| Syntec Biofuel, Inc. |
NAICS |
325411 |
| Suite 206, 388 Drake Street
Vancouver, British Columbia, Canada V6B 6A8 |
Description |
Vitamin Supplements Mfg. |
| (604) 648-2090 |
Employees |
0 |
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Revenue |
(mil) |
0.0000 |
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Income |
(mil) |
-0.1910 |
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Assets |
(mil) |
0.0170 |
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Liability |
(mil) |
0.1860 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Dale Matheson Carr-Hilton Labonte LLP notes that at December 31, 2006, Syntec Biofuel, Inc. has accumulated losses of $301,155 since inception, has a working capital deficiency of $166,147 and expects to incur further losses in the development of its business. The auditor states that these matters cast substantial doubt about the Company's ability to continue as a going concern.
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Intellectual Property:
The Company has started to market products on-line under the VitaBeast Foods label. The Company will be applying to trademark the name VitaBeast Foods. The URL www.vitabeast.com is owned by the Company. [SEC Filing 10-KSB 04-02-07]
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Description:
The Company markets high-quality vitamins, homeopathic supplements and pre-packaged vacuum packed raw foods, in meal sized portions, for domesticated household animals i.e. dogs and cats, via the Internet and commissioned sales agents.
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Officers:
Michael Jackson (Pres., CEO, Sec., Treas. & Dir.); Michael Rafferty (CFO & Dir.); Cary Martin (Dir.)
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Auditor:
Dale Matheson Carr-Hilton Labonte LLP
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Securities:
Common Stock-Symbol SYBF.PK; Other OTC;
17,102,500 common shares outstanding as of August 9, 2007.
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