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Prospector Profile 07.1420
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Phantom Fiber Corp. |
NAICS |
511210 |
144 Front Street, Suite 580
Toronto, Ontario, Canada M5J 2L7 |
Description |
Software Publishers |
(416) 703-4007 |
Employees |
27 |
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Revenue |
(mil) |
0.3090 |
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Income |
(mil) |
-2.9040 |
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Assets |
(mil) |
0.7900 |
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Liability |
(mil) |
3.2640 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Phantom Fiber Corporation reported a $1,332,038 net loss on revenues of $70,010 for the quarter ended June 30, 2007, much higher than the $157,557 net loss on revenues of $90,714 booked in the second quarter of last year. The Company's balance sheet at June 30, 2007 showed an accumulated deficit of $8,741,799 and stockholder's deficit of $2,526,871. It also has strained liquidity with $272,065 in total current assets available to pay $2,551,685 in total current liabilities.
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Intellectual Property:
The Company's proprietary Smart Streaming™ data transmission technique delivers high-speed client side performance that intuitively adapts to device and network properties. [SEC Filing 10-KSB 04-16-07]
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Description:
The Company is engaged in the business of the sale and licensing of its wireless software platform and integration services.
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Officers:
Jeffrey T. Halloran (Chair, Pres., CEO & CFO); Herbert C. Sears (Chief Technology Officer); Chris Carmichael (Dir.); Shimon Constante (Dir.); Konstantine (Gus) Lucas (Dir.); Stephen Gesner (Dir.)
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Auditor:
Lazar Levine & Felix LLP
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Securities:
Common Stock-Symbol PHFB.OB; OTC BB;
17,128,089 common shares outstanding as of August 20, 2007.
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