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Prospector
Profile
07.1486
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| Mac Filmworks, Inc. |
NAICS |
711510 |
| 9464 Mansfield Road, Suite A-1
Shreveport, LA 71118 |
Description |
Film Producers |
| (318) 687-8785 |
Employees |
4 |
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Revenue |
(mil) |
0.0000 |
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Income |
(mil) |
-0.6940 |
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Assets |
(mil) |
0.1770 |
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Liability |
(mil) |
0.6400 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Mac Filmworks, Inc. had a net loss of $324,180 for the three months ended June 30, 2007, higher than the $80,674 net loss incurred during the same quarter a year ago. For the six months ended June 30, 2007, the Company had a $469,996 net loss, much higher than the $125,381 net loss reported during the first half of 2006. As a result of its recurring losses, the Company's balance sheet at June 30, 2007 showed an accumulated deficit of $2,371,625, stockholders' deficit of $769,016 and working capital deficit of $821,894.
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Intellectual Property:
The Company owns approximately 1,036 films, of which 28 are under copyright protection. It also owns copyrights to 46 various drama, action, suspense, horror and comedy films. Those films not under copyright protection has fallen into the public domain. [SEC Filing 10-KSB 04-17-07]
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Description:
The Company engages in developing, marketing, and distributing a library of motion pictures, television series, and made-for television movies.
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Officers:
Jim McCullough, Sr. (Chair, Pres., CEO, & CFO); Richard C. Mann (Dir.)
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Auditor:
Malone & Bailey PC
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Securities:
Common Stock-Symbol MFWO.OB; OTC BB;
11,804,658 common shares outstanding as of September 18, 2007.
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