Prospector
Profile
08.0006
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| Baxx Systems Inc. |
NAICS |
238350 |
| 1107 Bennet Drive
Port Coquitlam, British Columbia, Canada V3C 6H2 |
Description |
Finish Carpentry Contractors |
| (604) 868-7400 |
Employees |
0 |
| http://www.baxxsystems.com/ |
Revenue |
(mil) |
0.0000 |
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Income |
(mil) |
-0.1180 |
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Assets |
(mil) |
0.8430 |
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Liability |
(mil) |
0.0210 |
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(for the year ended 2007-09-30) |
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Category:
Audit Concerns
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Event:
Moore & Associates Chartered expressed doubts on the ability of Baxx Systems Inc. to continue as a going concern after auditing its financial statement for the fiscal year ended Sept. 30, 2007. The Company had a net loss of $118,328 for the year ended September 30, 2007, compared to a net income of $233,474 for the year ended September 30, 2006. The Company has an accumulated deficit of $4,303,214 as of September 30, 2007.
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Intellectual Property:
The Company's Baxx Systems Canada subsidiary holds patents pending for the
Intelligent Retrofit System™ and the commercialization of the product. The Intelligent Retrofit System™ is an alternative
method for window replacement and enhancement. [SEC Filing 10KSB 12-17-2007]
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Description:
The Company provides an alternative
method for window replacement and enhancement.
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Officers:
George Moore (Pres. & CEO); Lorne Broten (CFO); Jim Lambright (Dir.); Les Geirholm (Dir.)
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Auditor:
Moore & Associates Chartered
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Securities:
7,022,476 common shares outstanding as of Sept. 30, 2007.
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