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
OfficersPosition
 Alejandro  BautistaPresident & Chief Executive Officer
 Joe F. DicksonTreasurer & Chief Financial Officer
 Shahhid  VohraSR VP

Directors
 Alejandro  Bautista
 Joe F. Dickson
 Mark  Lambert
 Tina  VanderHeyden
 
  
 
 Annual Report

 
Annual Report
 
Income Statement
  20092008
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
  20092008
CURRENT ASSETS
Cash4,4178,077
Accounts Receivables11,60914,899
Due from Government Agencies90666
Prepaid Expenses1,5006,016
Advance to Related Party-985
Total Current Assets18,43230,043
NON CURRENT ASSETS
Equipment (Net)10,45813,160
Investment in and Advances to Joint Ventures-21,217
Total Assets28,89064,420
CURRENT LIABILITIES
Accounts Payable and Accrued Liabilities262,975227,988
Accounts Payable and Accrued Liabilities137,891150,439
Convertible Promissory Notes12,01627,532
Demand Promissory Note8,80313,497
Loans Payable, Related Party25,99211,494
Loan Payable10,00010,974
Sale of Future Earnings199,000175,000
Due to Joint Venture4,783-
Total Current Liabilities661,460616,924
SHAREHOLDERS' EQUITY
Common Stock - Par Value97,64677,334
Additional Paid in Capital4,490,3643,442,636
Deficit Accumulated during the Development Stage(5,220,580)(4,072,474)
Total Shareholders Equity(632,570)(552,504)
Total Liabilities & Shareholders Equity28,89064,420
 
  
 
 Interim Report

 
Interim Report   
 
Data Not Available
 
 
 
 
  
 
 Pro Forma Report

 
Pro Forma Report   
 
Data Not Available
 
 
 
 
  
 
 Quarterly Report

 
Quarterly Report Information   
 
Quarterly Revenue, US$
YearQuarterRevenue
  2010   1Nil
  2009   1Nil
  2009   2Nil
  2009   3Nil
  2009   4Nil
  2009   Full Year Nil
  2008   1Nil
  2008   2Nil
  2008   3Nil
  2008   4Nil
  2008   Full Year Nil
  2007   1Nil
  2007   2480,000
  2007   3Nil
  2007   4520,000
  2007   Full Year 1,000,000
  2006   1Nil
  2006   2Nil
  2006   3Nil
  2006   4Nil
  2005   1Nil
  2005   2Nil
  2005   3Nil
  2005   4Nil
 
 
Quarterly Net Income, US$
YearQuarterRevenue
  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   10
  2006   20
  2006   30
  2006   40
  2006   Full Year (710,000)
  2005   10
  2005   20
  2005   30
  2005   40
  2005   Full Year (1,150,000)
 
 
Quarterly EPS, US$
YearQuarterRevenue
  2010   1Nil
  2009   1Nil
  2009   2Nil
  2009   3Nil
  2009   4(.01)
  2009   Full Year (.01)
  2008   1Nil
  2008   2Nil
  2008   3Nil
  2008   4(.01)
  2008   Full Year (.01)
  2007   1(.01)
  2007   2Nil
  2007   3Nil
  2007   4(.01)
  2007   Full Year (.02)
  2006   1Nil
  2006   2(.01)
  2006   3Nil
  2006   4Nil
  2006   Full Year (.02)
  2005   1(.01)
  2005   2Nil
  2005   3(.01)
  2005   4(.01)
  2005   Full Year (.04)
 
  
 
 Stock Data

 
 
Capitalization as of 03/31/2010:
 
 Authorized SharesOutstanding Shares
Common $0.001 par200,000,000100,146,320
Preferred $0.001 par25,000,000None
 
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
 
ExchangeYearHighLow
OTC Bulletin Board20090.17000.0200
OTC Bulletin Board20080.09250.0100
OTC Bulletin Board20070.18000.0300
 
DIVIDENDS: Common $0.001 par: None.