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Prospector Profile 07.1497
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visionGATEWAY, Inc. |
NAICS |
511210 |
12707 High Bluff Drive, Suite 200
San Diego, CA 92130 |
Description |
Software Publishers |
(858) 794-1416 |
Employees |
8 |
http://www.visiongateway.net/ |
Revenue |
(mil) |
0.0000 |
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Income |
(mil) |
-2.2070 |
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Assets |
(mil) |
0.2890 |
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Liability |
(mil) |
4.3560 |
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(for the year ended 2007-04-30) |
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Category:
Loss/Deficit
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Event:
visionGATEWAY, Inc. reported a net loss of $613,736 for the three months ended July 31, 2007, slightly lower than the $641,184 net loss incurred during the same quarter a year ago. As a result of its recurring losses, the Company has an accumulated deficit of $8,339,060 and stockholders’ deficit of $3,012,636 as of July 31, 2007. It also has strained liquidity with $275,095 in total current assets available to pay $4,257,399 in total current liabilities.
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Intellectual Property:
The Company has registered product trade marks, trade names and logos in Australia and is now in the process of registering these items in the U.S. and Europe. The Company is dependent on its trademark for INTERScepter™ to distinguish its software from other products in the market and to create a market identity for its product. Patents are under consideration for version 3 of INTERScepter™. The Company has begun operating under an exclusive long term license agreement with Saturn IQ of the United Kingdom covering all of Saturn IQ’s intellectual property and specialist technology products. [SEC Filing 10-KSB 08-21-07]
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Description:
visionGATEWAY is a software development & distribution company with R&D group in Australia, distribution in USA, Europe, Australia/New Zealand and existing customers across three continents.
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Officers:
Andrew Brett Wotton (Chair); Martin G. Wotton (Pres. & Dir.); Michael Emerson (VP, CEO & Dir.); Trevor W. Tappenden (Dir.)
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Auditor:
Gruber & Company
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Securities:
Common Stock-Symbol VGWA.PK; Other OTC;
56,723,505 common shares outstanding as of July 31, 2007.
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