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Prospector
Profile
07.1391
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| Interlink Global Corp. |
NAICS |
517110 |
| 1100 NW 163 Drive
Miami, Florida 33169 |
Description |
Telecommunications |
| (305) 261-2007 |
Employees |
10 |
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Revenue |
(mil) |
5.8880 |
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Income |
(mil) |
-4.6530 |
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Assets |
(mil) |
8.2890 |
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Liability |
(mil) |
8.1350 |
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(for the year ended 2006-12-31) |
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Category:
Audit Concerns
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Event:
Dohan and Company CPAs raised substantial doubt about Interlink Global Corporation's ability to continue as a going concern after auditing the company's consolidated financial statements for the year ended Dec. 31, 2006. The auditing firm reported that the Company has used, rather than provided, cash from operating activities, has a working capital deficiency, and incurred a loss for the year ended 2006. The Company posted a $4,653,995 net loss on $5,888,845 of revenues
for the year ended Dec. 31, 2006, as compared with a $1,617,836 net loss on $13,388,489 of net sales in the prior year. At Dec. 31, 2006, the company's balance sheet showed $8,289,317 in total assets and $8,135,068 in total liabilities, resulting a $168,258 stockholders' equity. At Dec. 31, 2006, the company's
balance sheet showed $1,313,413 in total current assets and $3,936,745 in total current
liabilities, resulting a $2,623,332 working capital deficit.
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Intellectual Property:
The Company has filed for federal trademarks in order to protect its brand names in the United States. It has applied for federal trademark registration for the clauses “Net Talk” (Trademark Serial No.:78772555, filed on December 15, 2005) and “Connecting The World” (Trademark Serial No.: 78783778, filed on January 3, 2006). In addition, it has registered the Internet domain names Nettalkasia.com, Nettalkbiz.com, nettalkbusiness.com, Nettalkcanada.com, nettalkeurope.com, nettalkfree.com, nettalkglobal.com, nettalkhome.com, nettalkiptv.com, nettalkla.com, nettalkmexico.com, nettalktelecom.com, nettalkuk.com, nettalkusa.com, nettalkwifi.com
nettalkwimax.com. The software utilized for the NetTalk VOIP/Video phone utilizes code and algorithms, which the Company considers as copyrightable material, trade secrets and other proprietary material. [SEC Filing 10-KSB 10-01-07]
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Description:
The Company provides private and public telecommunications network and Internet services.
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Officers:
Anastasios Kyriakides (Chair, CEO & Sec.); Kenneth A. Hosfeld (EVP & Dir.); Bill Rodriguez (CFO); Stephan M. Gardner (VP & Dir.); Severino Rivano (VP & Dir.)
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Auditor:
Dohan & Company CPAs
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Securities:
Common Stock-Symbol ILKG.PK; Other OTC;
41,298,460 common shares outstanding as of June 30, 2007.
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