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Prospector Profile 08.0012
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Midnight Holdings, Inc. |
NAICS |
811111 |
22600 Hall Road, Suite 205
Clinton Twp., MI 48036 |
Description |
Auto Repair Shop |
(586) 468-8741 |
Employees |
83 |
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Revenue |
(mil) |
2.4940 |
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Income |
(mil) |
-19.9810 |
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Assets |
(mil) |
1.3810 |
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Liability |
(mil) |
35.2230 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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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.
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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]
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Description:
The Company offers a large array of automotive products and services that target retail consumers and fleet service operators.
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Officers:
Nicholas A. Cocco (Pres., CEO & Dir.); Richard J. Kohl (EVP, Sec. & CFO); Earl Diem (COO);
Richard Pulford (Dir.)
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Auditor:
Miller Ellin & Company LLP
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Securities:
Common Stock-Symbol MGHI.PK; Other OTC;
925,167,997 common shares outstanding as of December 28, 2007.
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