January 7, 2008
Prospector
Profile
08.0012
 
Midnight Holdings, Inc. NAICS 811111
22600 Hall Road, Suite 205 Clinton Twp., MI 48036 Description Auto Repair Shop
(586) 468-8741 Employees 83
Revenue (mil) 2.4940
  Income (mil) -19.9810
  Assets (mil) 1.3810
  Liability (mil) 35.2230
  (for the year ended 2006-12-31)
 
Category: Loss/Deficit
 
Event: Midnight Holdings Group Inc. reported a net loss of $1.7 million on total revenues of $1.4 million for the third quarter ended Sept. 30, 2007, compared with a net loss of $5.2 million on total revenues of $620,711 in the same period last year. The Company's consolidated balance sheet at Sept. 30, 2007, showed $1.9 million in total assets and $38.4 million in total liabilities, resulting in a $36.5 million total stockholders' deficit. At Sept. 30, 2007, the company's consolidated balance sheet also showed strained liquidity with $368,158 in total current assets available to pay $37.6 million in total current liabilities.
 
Intellectual Property: The Company has applied for, and received from, the United States Patent and Trademark Office service mark registration for the name "All Night Auto." The Company also uses the "moon-man" logo and names "All Night Lube Express™," "Ana Preferred Business Management System™," "Ana Vehicle Diagnostic System™," "Ana Preferred Customer Network™," "Ana Preferred Parts Network™," "Ana Preferred Financial Network™," "Ana Preferred Marketing Network™," "Ana Facility Management System™," "Ana Preferred Equipment Network™," "Ana Local Area Network™," "Ana Preferred Supplier Network" as trademarks. Additionally, the "All Night Auto Business Management" portion of the "Ana Preferred Business Management System™" is considered as a trade secret. [SEC Filing 10-KSB 09-11-07]
 
Description: The Company offers a large array of automotive products and services that target retail consumers and fleet service operators.
 
Officers: Nicholas A. Cocco (Pres., CEO & Dir.); Richard J. Kohl (EVP, Sec. & CFO); Earl Diem (COO); Richard Pulford (Dir.)
 
Auditor: Miller Ellin & Company LLP
 
Securities: Common Stock-Symbol MGHI.PK; Other OTC; 925,167,997 common shares outstanding as of December 28, 2007.
 
 
 
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