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Prospector
Profile
07.1403
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| Playlogic Entertainment, Inc. |
NAICS |
511210 |
| P.O. Box 4532
New York, NY 10163 |
Description |
Software Publishers |
| (646) 216-9653 |
Employees |
63 |
| http://www.playlogicgames.com/corporate/company/aboutplaylogic.php |
Revenue |
(mil) |
5.0420 |
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Income |
(mil) |
-12.5480 |
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Assets |
(mil) |
7.0740 |
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Liability |
(mil) |
17.9630 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Playlogic Entertainment, Inc. had a $1,223,771 net loss on $1,101,432 in revenues for the three months ended June 30, 2007, much lower than the $2,767,780 net loss on $403,061 in revenues reported during the second quarter of 2006. For the six months ended June 30, 2007, the Company recognized a $464,827 net loss, substantially lower than the $3,965,285 net loss incurred during the first half of 2006. The Company's June 30, 2007 balance showed an accumulated deficit of $51,950,444 and stockholder's deficit of $10,728,903. It also has strained liquidity with $6,913,838 in total current assets available to pay $20,097,888 in total current liabilities.
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Intellectual Property:
The Company's products are copyrighted as software, its product names are trademarks and products may contain voices and likenesses of third parties or the musical compositions and performances of third parties. The Company's products may also contain other content licensed from third parties, such as trademarks, fictional characters, storylines and software code. The Company owns or has licensed trademarks and copyrights of the games Alpha Black Zero, Airborne Troops, Xyanide Resurection, Xyanide Mobile, Cyclone Circus, World Racing 2, Knights of the Temple 2, Gene Troopers, Age of Pirates: Caribbean Tales, Ancient Wars: Sparta, Age of Pirates Captain Blood, Infernal, Evil days of Luckless John, and Obscure2. [SEC Filing 10-KSB 04-17-07]
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Description:
The Company publishes interactive entertainment products, such as video game software and other digital entertainment products.
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Officers:
Willy J. Simon (Chair); Willem M. Smit (Pres., CEO & Dir.); Rogier W. Smit (EVP); Wilbert Knol (CFO); Stefan Layer (Chief Mktg. Officer); Dominique Morel (CTO); George M. Calhoun (Dir.); Erik L.A. van Emden (Dir.)
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Auditor:
Cordovano & Honeck LLP
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Securities:
Common Stock-Symbol PLGC.OB; OTC BB;
26,783,232 common shares outstanding as of June 30, 2007.
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