October 8, 2007
Prospector
Profile
07.1392
 
IVI Communications, Inc. NAICS 517919
555 H St., Suite H Eureka, CA 95501 Description Internet Service Provider
(707) 444-6617 Employees 0
http://www.ivn.net/ Revenue (mil) 1.8590
  Income (mil) 0.3130
  Assets (mil) 0.9530
  Liability (mil) 3.1840
  (for the year ended 2007-03-31)
 
Category: Loss/Deficit
 
Event: IVI Communications, Inc. had a net loss of $828,210 for the three months ended June 30, 2007, much higher than the $110,702 net loss incurred during the second quarter of 2006. As a result of its recurring losses, the Company has an accumulated deficit of $26,159,578 and stockholders' deficit of $2,890,836 in its June 30, 2007 balance sheet. It also has strained liquidity with $186,073 in total current assets available to pay $3,790,091 in total current liabilities.
 
Intellectual Property: The Company owns several Internet domain names, including www.ivn.net, www.ivcm.net, www.futura.net, www.lickity-split.net, www.lickity-split.tv, and www.lickitysplit.tv. [SEC Filing 10-KSB 08-15-07]
 
Description: The Company, through its subsidiaries, operates as an Internet service provider (ISP) in the United States.
 
Officers: Nyhl Henson (Chair, Pres., CEO & Dir.); Charles Roodenburg (COO, CFO & Dir.)
 
Auditor: Bagell Josephs Levine & Company LLC
 
Securities: Common Stock-Symbol IVI; AMEX; 130,179,554 common shares outstanding as of June 30, 2007.
 
 
 
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