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| | Business Summary: International Consolidated Companies, Inc. aggregates companies providing contact management solutions and services in the business process outsourcing (BPO) market in the United States. | | | Address
2100 19th St.
Sarasota
, FL 34234
Phone: 941-330-0336
Fax: 941-330-0252
Website: http://www.iccina.com
| | Auditor |
|---|
Bagell Josephs Levine & Company
| | Transfer Agent |
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Florida Atlantic Stock Transfer Inc.
| | Founded: 2000
Domicile: Florida | | | |
| | International Consolidated Companies, Inc. aggregates companies providing contact management solutions and services in the business process outsourcing (BPO) market in the United States. The company's first acquisition, 121DirectResponse, is a national direct marketing and fulfillment firm providing contact management services to the entertainment, communications, financial services, not-for-profit, and direct-to-consumer markets. International Consolidated Companies, Inc. is based in Sarasota, Florida. | | History: INCORPORATED in Florida Jan. 28, 2002. Name changed from Sign Media Systems, Inc. to Internatonal Consolidated Companies, Inc. Nov. 23, 2007.
January 1, 2003, issued 7,959,000 Common shares and assumed certain debt in exchange for $55,702 of the net assets of GO! Agency, LLC, a Florida limited liability company formed on June 20, 2000 as E Signs Plus.com, LLC. E Signs Plus.com changed it name to GO! Agency, LLC in August 2001. | | | | Subsidiaries: |
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Grow Ease International Ltd.
| | | | | | Capital Expenditures, thousand. US Dollars |
|---|
| Year | Amount | | 2006 | 0 |
| | | | | | | |
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Management
|
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| Officers | Position |
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| Antonio F. Uccello, III | Chairman, President, Chief Executive Officer & Investor Relations Contact | | Stanton Remer | Chief Financial Officer | | Niel Cavanaugh | Chief Operating Officer | | Thomas Bachman | Secretary |
| | Directors |
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| Thomas Bachman | | Ronald D. Ciaravella | | Antonio F. Uccello, III | | | |
| | | | Capitalization as of 03/31/2009: | | | | | Authorized Shares | Outstanding Shares |
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| Preferred no par | 100,000,000 | 1,000,000so1 | | Common no par | 500,000,000 | 17,432,660 |
| | | | LONG TERM DEBT: $265,222.
NOTE: As of March 31, 2009, the company also had at outstanding a long term liability of $1,019,664, which represented 2,500 Ser. B Conv. Pfd. shs. | | | | Common no par | | | | COMMON SOLD PRIVATELY: September 3, 2003, the company commenced a private placement of 2,000,000 Common shares at $1.50 per share to certain accredited investors. | | | | |
Transfer Agent: Florida Atlantic Stock Transfer Inc.
Tamarac
, FL | | | | OTC Bulletin Board( Primary): INCC | | | | Exchange | Year | High | Low |
|---|
| OTC Bulletin Board | 2009 | 0.3000 | 0.0100 | | OTC Bulletin Board | 2008 | 1.1000 | 0.0200 | | OTC Bulletin Board | 2007 | 1.0100 | 0.1500 |
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| | | | DIVIDENDS: Common no par: None. | | | | | |
so1Closely held; represents Ser. A Pfd shs. | |
| | Annual Report |
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| | | Income Statement | |
| 2008 | 2007 |
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| REVENUES |
|
| | Revenues | - | 24,784 | | EXPENSES |
|
| | Cost of Goods Sold | - | (3,446) | | General and Administrative Expenses | (446,499) | (211,501) | | Professional Fees: Consulting | (444,189) | (174,013) | | Bad Debts Expenses | (875) | (382,525) | | Common Stock Issued for Compensation | (1,438,850) | (90,000) | | Common Stock Issued for Services | (3,386,229) | (1,255,000) | | Preferred Stock Issued for Compensation | (50,000) | - | | Depreciation | (40,059) | (58,693) | | Interest Expense | (3,795) | (5,103) | | Interest Income | - | 28,818 | | Earnings before Taxes | (5,810,496) | (2,126,679) | | TAXES AND OTHER EXPENSES |
|
| | Net Income (Loss) | (5,810,496) | (2,126,679) | | SUPPLEMENTARY INFO |
|
| | Gross Profit/loss | - | 21,338.00 | | Basic EPS - Continuing Operations | (0.29) | (0.18) |
| | | | Balance Sheet | |
| 2008 | 2007 |
|---|
| CURRENT ASSETS |
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| | Cash and Cash Equivalents | 122 | 9,048 | | Accounts Receivables | - | 946 | | Total Current Assets | 122 | 9,994 | | NON CURRENT ASSETS |
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| | Property and Equipment, net | - | 40,059 | | Due from Related Parties | - | 616,527 | | Total Assets | 122 | 666,580 | | CURRENT LIABILITIES |
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| | Accounts Payable and Accrued Expenses | 127,511 | 60,722 | | Current Portion of Long-term Debt | - | 4,578 | | Liability for Stock to Be Issued | - | 50,000 | | Total Current Liabilities | 127,511 | 115,300 | | NON CURRENT LIABILITIES |
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| | Preferred Stock Redeemable | 50,000 | - | | SHAREHOLDERS' EQUITY |
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| | Common Stock - Par Value | 7,606,229 | 2,062,400 | | Additional Paid in Capital | 59,698 | 671,700 | | Retained Earnings | (7,843,316) | (2,032,820) | | Prepaid Consulting | - | (150,000) | | Total Shareholders Equity | (127,389) | 551,280 | | Total Liabilities & Shareholders Equity | 122 | 666,580 |
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| | Interim Report
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| | | Data Not Available | | | | | | | | | |
| | Pro Forma Report
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| | | Data Not Available | | | | | | | | | |
| | Quarterly Report Information
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| | | Quarterly Revenue, US$ |
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| Year | Quarter | Revenue | | 2009 |
1 | 1,550,000 | | 2009 |
2 | 3,720,000 | | 2009 |
3 | 5,460,000 | | 2008 |
1 | Nil | | 2008 |
2 | 1,810,000 | | 2008 |
3 | Nil | | 2008 |
4 | Nil | | 2008 |
Full Year
| Nil | | 2007 |
1 | Nil | | 2007 |
2 | 10,000 | | 2007 |
Full Year
| 20,000 | | 2006 |
1 | 300,000 | | 2006 |
2 | 430,000 | | 2006 |
3 | 10,000 | | 2006 |
4 | (10,000) | | 2006 |
Full Year
| 730,000 | | 2005 |
1 | 20,000 | | 2005 |
2 | 490,000 | | 2005 |
3 | 430,000 | | 2005 |
4 | 550,000 | | 2005 |
Full Year
| 1,500,000 | | 2004 |
1 | 280,000 | | 2004 |
2 | 370,000 | | 2004 |
3 | 640,000 | | 2004 |
4 | (430,000) | | 2004 |
Full Year
| 860,000 |
| | | | | | Quarterly Net Income, US$ |
|---|
| Year | Quarter | Revenue | | 2009 |
1 | Nil | | 2009 |
2 | Nil | | 2009 |
3 | Nil | | 2008 |
1 | Nil | | 2008 |
2 | Nil | | 2008 |
3 | Nil | | 2008 |
4 | Nil | | 2008 |
Full Year
| (5,810,000) | | 2007 |
1 | (1,290,000) | | 2007 |
2 | (470,000) | | 2007 |
3 | (170,000) | | 2007 |
4 | (200,000) | | 2007 |
Full Year
| (2,130,000) | | 2006 |
Full Year
| 231,000 | | 2005 |
Full Year
| 430,000 | | 2004 |
Full Year
| (10,000) |
| | | | | | Quarterly EPS, US$ |
|---|
| Year | Quarter | Revenue | | 2009 |
1 | (.01) | | 2009 |
2 | (.01) | | 2009 |
3 | Nil | | 2008 |
1 | (.20) | | 2008 |
2 | Nil | | 2008 |
3 | (.02) | | 2008 |
4 | (.07) | | 2008 |
Full Year
| (.29) | | 2007 |
1 | (.12) | | 2007 |
2 | (.04) | | 2007 |
3 | (.01) | | 2007 |
4 | (.02) | | 2007 |
Full Year
| (.18) | | 2006 |
1 | .02 | | 2006 |
2 | .02 | | 2006 |
3 | (.01) | | 2006 |
4 | (.01) | | 2006 |
Full Year
| .03 | | 2005 |
1 | (.02) | | 2005 |
2 | .03 | | 2005 |
3 | .02 | | 2005 |
4 | (.03) | | 2005 |
Full Year
| .05 | | 2004 |
1 | .01 | | 2004 |
2 | .02 | | 2004 |
3 | .05 | | 2004 |
4 | (.07) | | 2004 |
Full Year
| Nil |
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