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Prospector Profile 07.1598
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Integrated Micrometallurgical Systems, Inc. |
NAICS |
332812 |
50 W. Liberty St. 880
Reno, NV 89501 |
Description |
Metal Coating Services |
(877) 317-0324 |
Employees |
1 |
http://imsystemsinc.com/ |
Revenue |
(mil) |
0.0000 |
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Income |
(mil) |
-0.1250 |
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Assets |
(mil) |
0.1440 |
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Liability |
(mil) |
0.0530 |
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(for the year ended 2006-06-30) |
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Category:
Loss/Deficit
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Event:
Integrated Micrometallurgical Systems, Inc. reported a net loss of $29,310 for the three months ended March 31, 2007, much lower than the $65,736 net loss incurred during the three months ended March 31, 2006. For the nine months ended March 31, 2007, the Company had a $141,343 net loss, much lower than the $205,703 net loss reported during the nine months ended March 31, 2006. The Company's balance sheet at March 31, 2007, showed an accumulated deficit of $788,534, stockholder's deficit of $34,757 and working capital deficit of $131,585.
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Intellectual Property:
The Company utilizes a proprietary technology called NeoMetx for its coating process. NeoMetx technology offers metal surface coating to reduce friction, wear, and corrosion of mechanisms with direct metal-to-metal contact. NeoMetx has been developed by Dr. Paul Vose, who holds the patent pending applications on this process. The patent applications have been assigned to the Company pursuant to an existing exclusive License Agreement. [SEC Filing 10-KSB 10-13-06]
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Description:
The Company markets a unique processing technology in the field of science known as Tribology. The Company intends to also market custom equipment in the field of industrial coatings or sometimes referred to as metal protection technologies.
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Officers:
Werner Huss (Chair); Larry K. Davis (COO, CFO, Sec. & Dir.); Jake Huber (Dir.); Ted Wagner (VP & Dir.)
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Auditor:
Williams & Webster PS
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Securities:
11,200,000 common shares outstanding as of March 31, 2007.
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