 |
Prospector
Profile
118-03
|
| |
| Analytical Surveys, Inc. |
NAICS |
213112 |
| 8610 North New Braunfels, Suite 205
San Antonio, TX 78217 |
Description |
Oil & Gas Exploration |
| (210) 657-1500 |
Employees |
3 |
| http://www.asienergy.com/ |
Revenue |
(mil) |
0.5860 |
| |
Income |
(mil) |
-4.5340 |
| |
Assets |
(mil) |
1.1760 |
| |
Liability |
(mil) |
2.2740 |
| |
(for the year ended 2007-09-30) |
| |
|
Category:
Audit Concerns
|
| |
|
Event:
Malone & Bailey PC expressed substantial doubt about the ability of Analytical Surveys, Inc. to continue as a going concern after it audited the company's financial statements for the year ended Sept. 30, 2007. The auditing firm reported that the company has suffered
significant operating losses in 2007 and prior years and does not currently have external financing in place to fund working capital
requirements. The company posted a net loss of $4,534,000 on total revenues of $586,000 for the year ended Sept. 30, 2007, as compared with a net loss of $335,000 on total revenues of $4,320,000 in the prior year. At Sept. 30, 2007, the company's balance sheet showed $1,176,000 in total assets and $2,274,000 in total liabilities, and $1,098,000 stockholders' deficit.
|
| |
|
Intellectual Property:
The Company entered into a Merger Agreement dated November 20, 2007 with Axion International, Inc., pursuant to which it will acquire Axion as a wholly-owned subsidiary. Axion is the exclusive licensee of advanced technology regarding plastic composition, which technology is the subject of U.S. patents and patent applications owned by Rutgers University and the State University of New Jersey. [SEC Filing 10-KSB 01-14-08]
|
| |
|
Description:
Analytical Surveys provides utility-industry data collection, creation, and management services for the geographic information systems markets.
|
| |
|
Officers:
Lori A. Jones (Pres. & CEO)
|
| |
|
Auditor:
Malone & Bailey PC
|
| |
|
Securities:
Common Stock-Symbol ANLT.OB; OTC BB;
3,789,256 common shares outstanding as of January 3, 2008.
|
| |
| |
| |
| return to main page |
|
|
