February 18, 2008
Prospector
Profile
2-16-002
 
Coloured (US), Inc. NAICS 511210
Suite 3.19, 130 Shaftesbury Avenue London, England WID 5EU Description Software Games Publisher
+44 (0) 20 7031 1189 Employees 1
www.cimobilegaming.com Revenue (mil) 0.0000
  Income (mil) 0.2800
  Assets (mil) 0.0100
  Liability (mil) 0.4100
  (for the year ended 2007-09-30)
 
Category: Audit Concerns
 
Event: Dale Matheson Carr-Hilton Labonte LLP expressed substantial doubt on the ability of Coloured (US), Inc., to continue as a going concern after auditing its financial statements. The auditor notes that the Company has not generated revenues since inception, has incurred losses in developing its business, and further losses are anticipated. The Company had net losses of $275,972 and $3,300,361 for the years ended September 30, 2007 and 2006, respectively. The Company's balance sheet showed an accumulated deficit of $3,872,418 and stockholder's deficit of $390,871 as of September 30, 2007. It also has strained liquidity with $9,338 in total current assets available to pay $373,247 in total current liabilities.
 
Intellectual Property: The Company holds six registered trademarks in the United Kingdom for its mobile games Banana Battle, Flirtylizer, Get Nessie!, Hunters & Collectors, Voodoolizer and Mobile Warrior. [SEC Filing 10-KSB 01-15-08]
 
Description: Coloured (US), Inc., owns six mobile games designed to be played on GSM-network mobile phones using the Short Message Service features of these phones.
 
Officers: Lars Brannvall (Pres. & CEO)
 
Auditor: Dale Matheson Carr-Hilton Labonte LLP
 
Securities: Common Stock Symbol COUS.OB; OTC BB; 38,648,660 common shares outstanding as of January 11, 2008.
 
 
 
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