 |
Prospector
Profile
1018-07
|
| |
| Advance Display Technologies, Inc. |
NAICS |
334513 |
| 7334 South Alton Way, Suite F, Building 14
Centennial, CO 80112 |
Description |
Digital Display Mfg. |
| (303) 267-0111 |
Employees |
5 |
|
Revenue |
(mil) |
0.0000 |
| |
Income |
(mil) |
-2.1280 |
| |
Assets |
(mil) |
1.8190 |
| |
Liability |
(mil) |
2.1100 |
| |
(for the year ended 2007-06-30) |
| |
|
Category:
Audit Concerns
|
| |
|
Event:
A.J. Robbins PC expressed doubts on the ability of Advance Display Technologies, Inc. to continue as a going concern after auditing its financial statement. The auditor points to the Company's recurring losses that resulted in an accumulated deficit of $14,810,181, stockholders’ deficit of $291,210 and working capital deficit of $332,929 as of June 30, 2007.
|
| |
|
Intellectual Property:
The Company has been directly issued, acquired and/or licensed 11 patents by the United States Patent & Trademark Office protecting the technologies employed in its Fiber Screens. Of these 11 patents the Company has held, 7 patents have expired due to life limits, 1 will expire in April 2008, and 3 remain active with the Company paying all maintenance fees due. [SEC Filing 10-KSB 09-27-07]
|
| |
|
Description:
The Company engages in the development and manufacture of various display products primarily for out-of-home advertising displays.
|
| |
|
Officers:
Matthew W. Shankle (Pres., CEO & Dir.); John W. Temple (VP & Dir.); James P. Martindale (VP); Lawrence F. DeGeorge (Dir.)
|
| |
|
Auditor:
A.J. Robbins PC
|
| |
|
Securities:
Common Stock-Symbol ADTI.OB; OTC BB;
26,198,177 common shares outstanding as of September 14, 2007.
|
| |
| |
| |
| return to main page |
|
|
