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Prospector Profile 07.1385
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China Health Resource, Inc. |
NAICS |
325412 |
343 Sui Zhou Zhong Road
Sui Ning, Si Chuan, People's Republic of China |
Description |
Pharmaceuticals Mfg. |
(954) 424-2345 |
Employees |
31 |
http://www.voicediary.com/ |
Revenue |
(mil) |
1.0400 |
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Income |
(mil) |
-0.1600 |
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Assets |
(mil) |
1.6500 |
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Liability |
(mil) |
1.3000 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
China Health Resource, Inc. had a net loss of $156,816 for the second quarter ended June 30, 2007, substantially higher than the $16,593 net loss incurred during the second quarter of last year. For the six months ended June 30, 2008, the Company had a $309,542 net loss, compared to a net income of $5,841 reported during the first half of last year. The Company's balance sheet at June 30, 2007 showed an accumulated deficit of $424,050.
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Intellectual Property:
The Company has not filed for patent protection with respect to specific formulations, materials (including inactive ingredients) or manufacturing process approaches that are incorporated in its DAR products, and may not seek such patent coverage in the future. In producing its DAR products, the Company expects to use general formulation techniques used in the industry that would be modified and which would, therefore, include know-how and trade secrets. The Company cannot be certain that a patent would issue to cover such intellectual property and currently, it would prefer to keep such techniques and know-how as trade secrets. [SEC Filing 10-KSB 04-12-07]
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Description:
The Company, formerly known as Voice Diary, Inc., is engaged in the manufacturing, processing, and sales of Dahurian Angelica Root (DAR) and its related products.
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Officers:
Jiguang Wang (Pres. & Dir.); Jiang Chen (CEO & Dir.); Ying Zhong (CFO & Dir.); Gewei Wang (Dir.); Bing Wang (Dir.)
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Auditor:
Lake & Associates CPAs LLC
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Securities:
Common Stock-Symbol VCDY.OB; OTC BB;
99,288,894 common shares outstanding as of August 16, 2007.
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