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Prospector
Profile
2-7-001
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| TRB Systems International Inc. |
NAICS |
336991 |
| 1472 Cedarwood Drive
Piscataway, NJ 08854 |
Description |
Bicycle Mfg. |
| (877) 852-3600 |
Employees |
18 |
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Revenue |
(mil) |
0.3170 |
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Income |
(mil) |
-0.4770 |
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Assets |
(mil) |
2.8610 |
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Liability |
(mil) |
3.6740 |
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(for the year ended 2007-06-30) |
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Category:
Loss/Deficit
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Event:
TRB Systems International Inc. had a net loss of $179,005 for the three months ended September 30, 2007, slightly lower than the $185,552 net loss incurred during the three months ended September 30, 2006. The Company's balance sheet at September 30, 2007, showed an accumulated deficit of $4,243,653 and stockholders' deficit of $991,143. It also has strained liquidity with $2,351,749 in total current assets available to pay $3,250,844 in total current liabilities.
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Intellectual Property:
ABL Properties Co., a company controlled by Pres., CEO & CFO Byung Yim, owns patents relating to the Natural Motion Technology. ABL has obtained or has pending patent applications for the technology in the U.S., China, India, Australia, Taiwan, Japan, and Korea, Europe and Brazil. In 1994, the Company entered into an exclusive licensing agreement with ABL for the worldwide manufacture and sale of the patented technology, except for Taiwan and South Korea. [SEC Filing 10-KSB 01-16-08]
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Description:
TRB Systems International Inc., through its Alenax (Tianjing) Bicycle Corp. subsidiary, engages in the development, manufacture, and marketing of bicycles, exercise bicycles, electric bicycles, and wheelchair.
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Officers:
Byung D. Yim (Pres., CEO & CFO); Marn T. Seol (Vice Chair of Research & Development); Marn T. Seol (VP); Joon Ki Moon (Sec.)
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Auditor:
Stan J.H. Lee CPA
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Securities:
Common Stock-Symbol TRBX.OB; OTC BB; 23,699,922 common shares outstanding as of November 14, 2007.
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