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Prospector
Profile
07.1474
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| Clickable Enterprises, Inc. |
NAICS |
454311 |
| Two Madison Avenue
Larchmont, NY 10538 |
Description |
Heating Oil Retailers |
| (914) 833-9125 |
Employees |
8 |
| http://www.clickableoil.com/ |
Revenue |
(mil) |
7.7470 |
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Income |
(mil) |
3.3890 |
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Assets |
(mil) |
2.1110 |
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Liability |
(mil) |
6.7980 |
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(for the year ended 2007-03-31) |
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Category:
Default
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Event:
Clickable Enterprises, Inc. is authorized to issue 500,000,000 shares of common stock. As of May 29, 2007, the Company had 481,194,033 shares of common stock issued and outstanding. It also has outstanding convertible debentures and shares of convertible preferred stock that may be converted into an estimated 2,673,649,292 shares of common stock at current market prices, and outstanding warrants to purchase up to 17,000,000 shares of common stock. Therefore, its current authorized common stock is approximately 2,673,000,000 shares less than required for issuance of shares on conversion and exercise of these securities. The Company is required by the relevant instruments to at all times reserve sufficient shares for issuance upon such conversion and exercise. Therefore, the Company is in default of those instruments.
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Intellectual Property:
The Company's principal operating assets include its proprietary software, attendant computer hardware and the inventory of heating oil in some markets. The Company owns the internet domain name www.clickableoil.com, where customers can order deliveries of home heating oil. [SEC Filing 10-KSB 09-27-07]
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Description:
The Company provides Internet-based home heating oil and related services to the residential and commercial fuel oil accounts in the northeastern United States.
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Officers:
Nicholas Cirillo, Jr. (Pres., CEO & Dir.); Guy Pipolo (COO, CFO & Dir.); David Rodgers (Sec. & Dir.)
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Auditor:
Simontacchi & Company LLP
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Securities:
Common Stock-Symbol CKEI.OB; OTC BB;
481,194,033 common shares outstanding as of May 29, 2007.
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