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Prospector
Profile
07.1602
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| On The Go Healthcare, Inc. |
NAICS |
443120 |
| 85 Corstate Ave., Unit No. 1
Concord, Ontario, Canada L4K 4Y2 |
Description |
Computer Stores |
| (905) 760-2987 |
Employees |
40 |
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Revenue |
(mil) |
24.5100 |
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Income |
(mil) |
-6.3090 |
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Assets |
(mil) |
11.2500 |
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Liability |
(mil) |
8.7030 |
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(for the year ended 2007-07-31) |
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Category:
Audit Concerns
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Event:
Danziger Hochman Partners LLP notes that at July 31, 2007, On The Go Healthcare, Inc., had not yet achieved profitable operations, had accumulated losses of $15,924,596 since its inception, had a working capital deficiency of $742,603 and expects to incur further losses in the development of its business. The auditor states that all these matters raise substantial doubt about the Company's ability to continue as a going concern.
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Intellectual Property:
The Company has registered one trademark in Canada for "On the Go." The registered trademark is significant because it provides the Company with name and market recognition for its products and distinguishes products from competitors. The Company has registered the business names of Compuquest, Helios Oceana and Infinity Technologies. The Company has acquired one registered trademark in Canada for "Compuquest." [SEC Filing 10-KSB 10-29-07]
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Description:
The Company is a valued-added reseller of computer and computer-related products.
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Officers:
Stuart Turk (Chair, Pres., CEO, Sec., & Treas.); Evan Schwartzberg (CFO); Ralph Magid (Dir.)
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Auditor:
Danziger Hochman Partners LLP
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Securities:
Common Stock-Symbol OGOH.OB; OTC BB;
513,868,428 common shares outstanding as of October 23, 2007.
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