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Prospector
Profile
08.0002
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| American Technologies Group, Inc. |
NAICS |
332312 |
| 412 West Bolt Street
Fort Worth, TX 76113 |
Description |
Fabricated Steel Mfg. |
| (817) 927-5333 |
Employees |
121 |
| http://www.ntxstl.com/ |
Revenue |
(mil) |
32.3310 |
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Income |
(mil) |
-3.8670 |
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Assets |
(mil) |
18.7600 |
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Liability |
(mil) |
19.1850 |
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(for the year ended 2007-07-31) |
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Category:
Loss/Deficit
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Event:
American Technologies Group, Inc. reported a net loss of $766,339 on net sales of $8.7 million for the first quarter ended Oct. 31, 2007, compared with a net loss of $1.2 million on net sales of $7.6 million during the same period last year. The Company's consolidated balance sheet at Oct. 31, 2007, showed $18.3 million in total assets and $19.5 million in total liabilities, resulting in a $1.2 million total stockholders' deficit. At Oct. 31, 2007, the company's consolidated balance sheet also showed strained liquidity with $12.4 million in total current assets available to pay $19.5 million in total current liabilities.
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Intellectual Property:
The Company is engaged in the development, commercialization and sale of products and systems using patented and proprietary technologies including catalyst technology and water purification. [SEC Filing 10-KSB 11-13-07]
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Description:
American Technologies Group, through its subsidiary, North Texas Steel Company, Inc., operates as a structural steel fabrication company in the United States.
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Officers:
Thomas E. Durkin, III (Pres. & Dir.); Barry Ennis (Dir.); Michael S. Luther (Dir.)
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Auditor:
RBSM LLP
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Securities:
Common Stock-Symbol ATGR.OB; OTC BB;
9,701,166 common shares outstanding as of December 14, 2007.
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