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Prospector
Profile
07.1267
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| Accelerize New Media, Inc. |
NAICS |
516110 |
| 6477 Highway 93 South
Whitefish, MT 59937 |
Description |
Internet Publishing |
| (406) 892-2161 |
Employees |
4 |
| http://www.accelerizenewmedia.com/ |
Revenue |
(mil) |
0.4430 |
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Income |
(mil) |
-1.1190 |
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Assets |
(mil) |
1.0260 |
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Liability |
(mil) |
0.8420 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Accelerize New Media, Inc. reported a net loss of $615,523 for the three months ended June 30, 2007, compared to a net loss of $155,118 during the same quarter last year. For the six months ended June 30, 2007, the Company reported a net loss of $1,119,046, compared to a net loss of $1,832,482 during the first half of 2006. The Company's balance sheet showed an accumulated deficit of $3,530,026 and working capital deficit of $330,807 as of June 30, 2007.
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Intellectual Property:
The Company's employees are required to execute confidentiality and non-use agreements that transfer any rights they may have in copyrightable works or patentable technologies. In addition, prior to entering into discussions with potential business partners or customers regarding business and technologies, the Company generally requires that such parties enter into nondisclosure agreements. The Company also requires that agreements setting forth the parties’ respective rights and obligations include provisions for the protection of intellectual property rights. The standard language in its agreements provides that the Company retains ownership of all patents and copyrights in technologies and requires customers to display copyright and trademark notices. [SEC Filing SB-2 12-22-06]
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Description:
The Company provides internet development services and turnkey customer acquisition solutions for small to medium size U.S. companies.
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Officers:
Brian Ross (Pres., CEO, Treas., Sec. & Dir.); Chris Meredith (Chief Technology Officer, Asst. Treas., Asst. Sec. & Dir.); Daniel Minton (VP)
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Auditor:
Sherb & Company LLP
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Securities:
21,156,330 common shares outstanding as of August 10, 2007.
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