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Prospector Profile 07.1419
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Organic Sales & Marketing, Inc. |
NAICS |
325612 |
114 Broadway
Raynham, MA 02767 |
Description |
Cleaners Mfg. |
(508) 823-1117 |
Employees |
0 |
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Revenue |
(mil) |
0.0550 |
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Income |
(mil) |
-0.6960 |
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Assets |
(mil) |
0.2000 |
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Liability |
(mil) |
0.2870 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Organic Sales & Marketing, Inc. had a net loss of $222,224 for third quarter ended June 30, 2007, higher than the $108,635 net loss reported during the third quarter last year. For the nine months ended June 30, 2007, the Company had a $642,955 net loss, much higher than the $262,695 net loss reported during the same period a year ago. As a result of its recurring losses, the Company has an accumulated deficit of $1,922,922, stockholder's deficit of $53,116 and strained liquidity with $374,841 in total current assets available to pay $439,233 in total current liabilities.
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Intellectual Property:
The Company has trade mark protection for its "Garden Guys Down to Earth Up to Date™" trademark. In addition, the Company has applied to the US Patent and Trademark Office for trademark protection for its "Dragonfly Organix™" brand-name trademark. [SEC Filing SB-12 03-27-07]
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Description:
The sales and marketing company specializes in private labeling of non-food organic products.
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Officers:
Samuel F.H. Jeffries (Chiar, Pres. & CEO); Mark J. McEvoy (CFO & Treas.); Leonard B. Colt (Sec. & Dir.); Joanne L.H. Anderson (VP & Dir.); Stephen B. Jeffries (Dir.); Jerry Adelstein (Dir.); Laurie Basch-Levy (Dir.); Michael Ernst (Dir.)
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Auditor:
Chisholm Bierwolf & Nilson LLC
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Securities:
5,359,426 common shares outstanding as of June 30, 2007.
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