November 19, 2007
Prospector
Profile
1115-01
 
Empirical Ventures, Inc. NAICS 561510
2775 Fir Street, Suite 3E Vancouver, British Columbia, Canada Description Travel Agencies
(604) 727-4679 Employees 1
Revenue (mil) 0.0000
  Income (mil) -0.0320
  Assets (mil) 0.0100
  Liability (mil) 0.0375
  (for the year ended 2007-06-30)
 
Category: Audit Concerns
 
Event: Jewett Schwartz Wolfe & Associates raised substantial doubt about the ability of Empirical Ventures, Inc. to continue as a going concern after auditing its financial statements. The auditor notes that the Company needs to seek new sources or methods of financing or revenue to pursue its business strategy.
 
Intellectual Property: The Company has made an application for trademarks in Canada and the United States. The Company intends to enter into confidentiality and proprietary rights agreements with employees, consultants and other third parties. It also will control access to software, documentation and other proprietary information and will apply for other protections in the form of patents and copyrights if applicable, in order to fully protect proprietary software. [SEC Filing 10-KSB 10-12-07]
 
Description: The Company commercializes a travel and tourism management program and related software applications.
 
Officers: Derek Ward (Pres., CEO, CFO, Sec., Treas. & Dir.)
 
Auditor: Jewett Schwartz Wolfe & Associates
 
Securities: 9,586,662 common shares outstanding as of October 12, 2007.
 
 
 
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