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Prospector
Profile
07.1407
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| Silvergraph International, Inc. |
NAICS |
511199 |
| 11919 Burke Street
Santa Fe Springs, CA 90670 |
Description |
Art Print Publishing |
| (562) 696-3656 |
Employees |
11 |
| http://www.silvergraph.com/ |
Revenue |
(mil) |
0.8670 |
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Income |
(mil) |
-1.1340 |
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Assets |
(mil) |
0.6600 |
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Liability |
(mil) |
1.1000 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Silvergraph International, Inc. had a $779,636 net loss for the second quarter ended June 30, 2007, much higher than the $440,637 net loss incurred in the second quarter of 2006. For the six months ended June 30, 2007, the Company had a $1,194,113 net loss, higher than the $610,015 net loss incurred during the first half of 2006. The Company's balance sheet as of June 30, 2007 showed an accumulated deficit of $3,453,741, stockholder's deficit of $1,123,936 and working capital deficit of $178,777.
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Intellectual Property:
The Company is currently prosecuting Application No. PCT/US2005/028501, which describes and claims the mechanical deposit of ink to emulate hand painted original works of art. This application claims priority to U.S. Provisional Patent Application Serial No. 60/600,192 filed on August 10, 2004. The applications cover the process and technology used to mechanically deposit ink in a way that emulates hand-applied brushstrokes and other artistic techniques. [SEC Filing 10-KSB 04-17-07]
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Description:
The Company engages in the design, manufacture, marketing, and retailing of fine-art reproductions, art-based home decorative accessories, collectibles, and gift products in the United States.
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Officers:
James R. Simpson (CEO, Sec. & Dir.); William W. Lee (Pres. & Dir.); James R. Martin (VP, Treas. & Dir.); Gary Freeman (CFO); Evan Levine (Dir.); Gary R. Martin (Dir.)
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Auditor:
Weinberg & Company PA
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Securities:
Common Stock-Symbol SVGI.OB; OTC BB;
36,000,015 common shares outstanding as of June 30, 2007.
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