OTC Bulletin Board
S & P Company Insight for S2C GLOBAL SYSTEMS |
| |
Profile
|
| |
| Business Summary: S2C Global Systems, Inc., a development stage company, engages in the development, manufacture, and marketing of water dispensing and recycling systems. It holds the intellectual property rights related to the AquaDuct System, a scalable vending unit capable of accepting empty 5-gallon and 2. | | | Address 105-5119 Beckwith Blvd.
San Antonio
, TX 78249
Phone: 210-561-6015
Fax: 210-561-7812
Website: http://www.s2cglobal.com
| | Auditor |
|---|
PRITCHETT, SILER & HARDY, P.C.
| | Transfer Agent |
|---|
Colonial Stock Transfer Co.
| Employees: 5 ShareHolders: 98 | Founded: 2001 Domicile: Nevada | | | |
|
|
|
Background
|
| |
| S2C Global Systems, Inc., a development stage company, engages in the development, manufacture, and marketing of water dispensing and recycling systems. It holds the intellectual property rights related to the AquaDuct System, a scalable vending unit capable of accepting empty 5-gallon and 2.5 gallon jugs, and distributing full 5-gallon and 2.5 gallon jugs that acts as a replacement for in-store retail distribution systems. The company operates in Canada and the United States. S2C Global Systems, Inc. is based in San Antonio, Texas. | | History: INCORPORATED in Nevada Mar. 19, 2001, as Sun Vacation Club Inc.; name changed to United Athletes, Inc. Nov. 21, 2002, and to S2C Global Systems, Inc. Feb. 8, 2005. In February 2005, the company acquired S2C Global Systems Inc., a private British Columbia corporation incorporated on May 6, 2004. The company issued 16,487,334 Common shares to the shareholders of the acquired concern. | | | | Subsidiaries: |
|---|
S2C Global Systems Inc. (British Columbia) S2C Global Systems USA, Inc.
| | | | | | | | | |
|
|
|
Management
|
| |
Management
|
|---|
| Officers | Position |
|---|
| Alejandro Bautista | President & Chief Executive Officer | | Joe F. Dickson | Treasurer & Chief Financial Officer | | Shahhid Vohra | SR VP |
| | Directors |
|---|
| Alejandro Bautista | | Joe F. Dickson | | Mark Lambert | | Tina VanderHeyden | | | |
|
|
|
Annual Report
|
| |
| Annual Report |
|---|
| | | Income Statement | |
| 2009 | 2008 |
|---|
| REVENUES |
|
| | Sales | - | 271 | | EXPENSES |
|
| | General and Administrative Expenses | (1,080,204) | (653,344) | | Loss on Impairment of Property and Equipment | - | (282,520) | | Interest Expense | (4,410) | - | | Loss from Joint Venture | (50,000) | (4,783) | | Loss from Conversion of Debt | (13,492) | - | | Earnings before Taxes | (1,148,106) | (940,376) | | TAXES AND OTHER EXPENSES |
|
| | Net Income (Loss) | (1,148,106) | (940,376) | | SUPPLEMENTARY INFO |
|
| | Gross Profit/loss | - | 271.00 | | Basic EPS - Continuing Operations | (0.01) | (0.01) | | Diluted EPS - Continuing Operations | (0.01) |
|
| | | | Balance Sheet | |
| 2009 | 2008 |
|---|
| CURRENT ASSETS |
|
| | Cash | 4,417 | 8,077 | | Accounts Receivables | 11,609 | 14,899 | | Due from Government Agencies | 906 | 66 | | Prepaid Expenses | 1,500 | 6,016 | | Advance to Related Party | - | 985 | | Total Current Assets | 18,432 | 30,043 | | NON CURRENT ASSETS |
|
| | Equipment (Net) | 10,458 | 13,160 | | Investment in and Advances to Joint Ventures | - | 21,217 | | Total Assets | 28,890 | 64,420 | | CURRENT LIABILITIES |
|
| | Accounts Payable and Accrued Liabilities | 262,975 | 227,988 | | Accounts Payable and Accrued Liabilities | 137,891 | 150,439 | | Convertible Promissory Notes | 12,016 | 27,532 | | Demand Promissory Note | 8,803 | 13,497 | | Loans Payable, Related Party | 25,992 | 11,494 | | Loan Payable | 10,000 | 10,974 | | Sale of Future Earnings | 199,000 | 175,000 | | Due to Joint Venture | 4,783 | - | | Total Current Liabilities | 661,460 | 616,924 | | SHAREHOLDERS' EQUITY |
|
| | Common Stock - Par Value | 97,646 | 77,334 | | Additional Paid in Capital | 4,490,364 | 3,442,636 | | Deficit Accumulated during the Development Stage | (5,220,580) | (4,072,474) | | Total Shareholders Equity | (632,570) | (552,504) | | Total Liabilities & Shareholders Equity | 28,890 | 64,420 |
| | | |
|
|
|
Interim Report
|
| |
| Interim Report
|
|---|
| | | Data Not Available | | | | | | | | | |
|
|
|
Pro Forma Report
|
| |
| Pro Forma Report
|
|---|
| | | Data Not Available | | | | | | | | | |
|
|
|
Quarterly Report
|
| |
| Quarterly Report Information
|
|---|
| | | Quarterly Revenue, US$ |
|---|
| Year | Quarter | Revenue | | 2010 |
1 | Nil | | 2009 |
1 | Nil | | 2009 |
2 | Nil | | 2009 |
3 | Nil | | 2009 |
4 | Nil | | 2009 |
Full Year
| Nil | | 2008 |
1 | Nil | | 2008 |
2 | Nil | | 2008 |
3 | Nil | | 2008 |
4 | Nil | | 2008 |
Full Year
| Nil | | 2007 |
1 | Nil | | 2007 |
2 | 480,000 | | 2007 |
3 | Nil | | 2007 |
4 | 520,000 | | 2007 |
Full Year
| 1,000,000 | | 2006 |
1 | Nil | | 2006 |
2 | Nil | | 2006 |
3 | Nil | | 2006 |
4 | Nil | | 2005 |
1 | Nil | | 2005 |
2 | Nil | | 2005 |
3 | Nil | | 2005 |
4 | Nil |
| | | | | | Quarterly Net Income, US$ |
|---|
| Year | Quarter | Revenue | | 2010 |
1 | (60,000) | | 2009 |
1 | (60,000) | | 2009 |
2 | (50,000) | | 2009 |
3 | (280,000) | | 2009 |
4 | (760,000) | | 2009 |
Full Year
| (1,150,000) | | 2008 |
Full Year
| (940,000) | | 2007 |
Full Year
| (880,000) | | 2006 |
1 | 0 | | 2006 |
2 | 0 | | 2006 |
3 | 0 | | 2006 |
4 | 0 | | 2006 |
Full Year
| (710,000) | | 2005 |
1 | 0 | | 2005 |
2 | 0 | | 2005 |
3 | 0 | | 2005 |
4 | 0 | | 2005 |
Full Year
| (1,150,000) |
| | | | | | Quarterly EPS, US$ |
|---|
| Year | Quarter | Revenue | | 2010 |
1 | Nil | | 2009 |
1 | Nil | | 2009 |
2 | Nil | | 2009 |
3 | Nil | | 2009 |
4 | (.01) | | 2009 |
Full Year
| (.01) | | 2008 |
1 | Nil | | 2008 |
2 | Nil | | 2008 |
3 | Nil | | 2008 |
4 | (.01) | | 2008 |
Full Year
| (.01) | | 2007 |
1 | (.01) | | 2007 |
2 | Nil | | 2007 |
3 | Nil | | 2007 |
4 | (.01) | | 2007 |
Full Year
| (.02) | | 2006 |
1 | Nil | | 2006 |
2 | (.01) | | 2006 |
3 | Nil | | 2006 |
4 | Nil | | 2006 |
Full Year
| (.02) | | 2005 |
1 | (.01) | | 2005 |
2 | Nil | | 2005 |
3 | (.01) | | 2005 |
4 | (.01) | | 2005 |
Full Year
| (.04) |
| | | |
|
|
|
Stock Data
|
| |
| | | Capitalization as of 03/31/2010: | | | | | Authorized Shares | Outstanding Shares |
|---|
| Common $0.001 par | 200,000,000 | 100,146,320 | | Preferred $0.001 par | 25,000,000 | None |
| | | | LONG TERM DEBT: None. | | | | Common $0.001 par | | | |
Stockholders:
03/23/2010,
98.
| |
Transfer Agent: Colonial Stock Transfer Co.
Salt Lake City
, UT | | | | OTC Bulletin Board( Primary): STWG | | | | Exchange | Year | High | Low |
|---|
| OTC Bulletin Board | 2009 | 0.1700 | 0.0200 | | OTC Bulletin Board | 2008 | 0.0925 | 0.0100 | | OTC Bulletin Board | 2007 | 0.1800 | 0.0300 |
|
| | | | DIVIDENDS: Common $0.001 par: None. | | | | | |
|
|
|