Prospector
Profile
1018-05
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| Waterpure International, Inc. |
NAICS |
333319 |
| 1600 Lower State Road
Doylestown, PA 18901 |
Description |
Water Purifiers Mfg. |
| (215) 491-1075 |
Employees |
4 |
| http://www.waterpureinternational.com/ |
Revenue |
(mil) |
0.0060 |
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Income |
(mil) |
-1.1130 |
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Assets |
(mil) |
0.0960 |
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Liability |
(mil) |
0.2240 |
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(for the year ended 2007-06-30) |
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Category:
Audit Concerns
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Event:
Carlin Charron & Rosen LLP raised doubts on the ability of Waterpure International, Inc. to continue as a going concern after auditing its financial statements. The auditor points out that the Company has incurred a net loss since its inception totaling approximately $1.18 million, has earned minimal revenues and has a working capital deficit of $78,847 as of June 30, 2007.
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Intellectual Property:
The Company markets water purifying devices under the WaterPure brand name. The Company also has a patent-pending water treatment module which controls bacteria and viruses in the field of atmospheric water generation. [SEC Filing 10-KSB 09-28-07]
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Description:
The Company markets the WaterPure Atmospheric Water Generator, which produces drinking water from ambient air.
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Officers:
Paul S. Lipschutz (Pres., CEO & Dir.); Robert F. Orr (CFO & Dir.); Brian Lee Allen (COO)
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Auditor:
Carlin Charron & Rosen LLP
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Securities:
Common Stock-Symbol WPUR.OB; OTC BB;
21,509,250 common shares outstanding as of September 10, 2007.
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