OTC Bulletin Board
S & P Company Insight for TOMI ENVIRONMENTAL |
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Profile
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| Business Summary: TOMI Environmental Solutions, Inc. provides environmental technology solutions for indoor air pollution and infectious disease control in the United States. | | | Address 9454 Wilshire Blvd., Penthouse
Beverly Hills
, CA 90212
Phone: 310-275-2255
Fax: 310-275-2282
Website: http://www.theozoneman.com
| | Auditor |
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Wolinetz, Lafazan & Co.
| | Transfer Agent |
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Continental Stock Transfer & Trust Co.
| Employees: 13 ShareHolders: 738 | Founded: 1979 Domicile: Florida | | | |
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Background
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| TOMI Environmental Solutions, Inc. provides environmental technology solutions for indoor air pollution and infectious disease control in the United States. The company offers indoor air decontamination, remediation, and surface disinfection of various commercial and residential structures, including medical facilities, hotel and motel rooms, prisons, airports, cruise ships, schools, office buildings, single family homes, multi-unit residences, restaurants, and dairies, as well as for indoor and enclosed structures. Its products include hydroxyl ultra-D disinfection product that kills various harmful bacteria, viruses, and spores-to decontaminate and combat the healthcare associated infections and other infectious diseases in hospitals, clinics, sports facilities, and other healthcare settings; UV produced ozone generators to eliminate odor, bacteria, allergens, mold spores, and various other contaminants; and UVGI and filtration system, a maintenance solution for indoor air and infectious disease control problems. The company was formerly known as The Ozone Man, Inc. and changed its name to TOMI Environmental Solutions, Inc. in May 2009. TOMI Environmental Solutions was founded in 2007 and is based in Beverly Hills, California. | | History: INCORPORATED in Florida Sept. 18, 1979, as Dauphin, Inc.; name changed to RPS Enterprises, Inc. Aug. 17, 1994, to RPS Group, Inc. Aug. 29, 2002, to The Ozone Man, Inc. Oct. 23, 2007, and to TOMI Environmental Solutions, Inc. May 14, 2009. On Oct. 17, 2007, the company acquired The Ozone Man, Inc., a Nevada corporation, for 34,250,000 Common shares and $25,000 in cash. The acquired concern was incorporated on Sept. 5, 2007. | | | | Subsidiaries: |
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The Ozone Man, Inc. (Nevada)
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Management
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Management
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| Officers | Position |
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| Halden S. Shane | Chairman, Chief Financial Officer, Chief Accounting Officer & Chief Executive Officer | | Ron J. Messenger | President | | Steve Schmidt | Chief Operating Officer | | Richard L. Johnson | Secretary |
| | Directors |
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| Willie L. Brown, Jr. | | Richard L. Johnson | | Harold W. Paul | | Halden S. Shane | | | |
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Annual Report
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| Annual Report |
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| | | Income Statement | |
| 2009 | 2008 |
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| REVENUES |
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| | Net Revenues | 499,172 | 10,335 | | EXPENSES |
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| | Cost of Sales | (200,619) | - | | Professional Fees | (577,869) | (1,090,021) | | Other General and Administrative Expenses | (1,370,871) | (1,248,225) | | Management Consulting Fees | 18,312,560 | (20,400,000) | | Interest Expense | (9,482) | (3,224) | | Loss of Investment- Restricted | (1,238,656) | - | | Investment (Loss) | (729,206) | - | | Interest Income | 2,109 | - | | Impairment on Investment, Research and Development | (902,500) | - | | Financing Costs | - | (14,444) | | Net Income (Loss) | 14,169,340 | (22,745,580) | | CHARGES ON NET INCOME |
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| | Dividends on Preferred Stock | (205,685) | (90,667) | | Net Income Available to Common Shareholders | 13,963,650 | (22,836,250) | | SUPPLEMENTARY INFO |
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| | Gross Profit/loss | 298,553 | 10,335 | | Operating Income (Loss) | 14,905,920 | (22,727,910) | | Basic EPS - Continuing Operations | 0.40 | (0.66) | | Diluted EPS - Continuing Operations | 0.39 | (0.66) |
| | | | Balance Sheet | |
| 2009 | 2008 |
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| ASSETS: |
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| | CURRENT ASSETS |
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| | Cash and Cash Equivalents | 13,126 | 367,697 | | Accounts Receivables | 11,660 | 4,590 | | Notes Receivable | 75,000 | - | | Investment, Restricted | 3,563,062 | - | | Deferred Costs | 122,576 | - | | Prepaid Assets | 2,751 | 18,710 | | Total Current Assets | 4,297,625 | 390,997 | | NON CURRENT ASSETS |
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| | Property and Equipment, net | 306,633 | 372,990 | | Intangible Assets | 102,767 | 111,100 | | Security Deposit | 5,416 | 6,620 | | Total Assets | 4,712,441 | 881,707 | | LIABILITIES: |
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| | CURRENT LIABILITIES |
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| | Accounts Payable and Accrued Expenses | 118,124 | 175,327 | | Accrued officers Compensation | 827,868 | 546,536 | | Notes Payable-current Portion | 45,896 | 43,976 | | Deferred Revenue | 199,022 | - | | Obligations to be Settled through Issuance of Common Stock | 268,500 | - | | Dividends Payable on Preferred Convertible Stock | 205,685 | 90,667 | | Total Current Liabilities | 1,665,095 | 856,506 | | NON CURRENT LIABILITIES |
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| | Noncurrent Portion of Notes Payable: Other | 20,468 | 66,365 | | Preferred Stock Convertible | 5,100 | 5,100 | | Preferred Stock Convertible | 3,250,000 | - | | SHAREHOLDERS' EQUITY |
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| | Common Stock - Par Value | 352,774 | 344,744 | | Additional Paid in Capital | 9,683,721 | 22,758,190 | | Accumulated Deficit | (8,979,862) | (23,149,200) | | Deferred Compensation | (1,284,855) | - | | Total Shareholders Equity | 3,026,878 | (41,164) | | Total Liabilities & Shareholders Equity | 4,712,441 | 881,707 |
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Interim Report
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| Interim Report
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| | | Data Not Available | | | | | | | | | |
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Pro Forma Report
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| Pro Forma Report
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| | | Data Not Available | | | | | | | | | |
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Quarterly Report
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| Quarterly Report Information
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| | | Quarterly Revenue, US$ |
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| Year | Quarter | Revenue | | 2010 |
1 | 270,000 | | 2009 |
1 | 10,000 | | 2009 |
2 | 210,000 | | 2009 |
3 | 220,000 | | 2009 |
4 | 70,000 | | 2009 |
Full Year
| 500,000 | | 2008 |
1 | Nil | | 2008 |
2 | Nil | | 2008 |
3 | Nil | | 2008 |
4 | 10,000 | | 2008 |
Full Year
| 10,000 | | 2007 |
1 | Nil | | 2007 |
2 | Nil | | 2007 |
3 | Nil | | 2007 |
Full Year
| Nil | | 2006 |
Full Year
| Nil | | 2005 |
Full Year
| Nil |
| | | | | | Quarterly Net Income, US$ |
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| Year | Quarter | Revenue | | 2010 |
1 | (370,000) | | 2009 |
1 | 17,540,000 | | 2009 |
2 | (560,000) | | 2009 |
3 | (400,000) | | 2009 |
4 | (2,420,000) | | 2009 |
Full Year
| 14,170,000 | | 2008 |
1 | (10,000) | | 2008 |
2 | (370,000) | | 2008 |
3 | (1,060,000) | | 2008 |
4 | (21,220,000) | | 2008 |
Full Year
| (22,750,000) | | 2007 |
1 | 0 | | 2007 |
2 | 0 | | 2007 |
3 | 0 | | 2007 |
Full Year
| (100,000) | | 2006 |
Full Year
| (20,000) | | 2005 |
Full Year
| (20,000) |
| | | | | | Quarterly EPS, US$ |
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| Year | Quarter | Revenue | | 2010 |
1 | (.01) | | 2009 |
1 | .49 | | 2009 |
2 | (.02) | | 2009 |
3 | (.01) | | 2009 |
4 | (.07) | | 2009 |
Full Year
| .39 | | 2008 |
1 | Nil | | 2008 |
2 | (.01) | | 2008 |
3 | (.03) | | 2008 |
4 | (.53) | | 2008 |
Full Year
| (.66) | | 2007 |
1 | Nil | | 2007 |
2 | Nil | | 2007 |
3 | (.01) | | 2007 |
4 | Nil | | 2007 |
Full Year
| Nil | | 2006 |
1 | (.01) | | 2006 |
2 | (.01) | | 2006 |
3 | Nil | | 2006 |
Full Year
| (.03) | | 2005 |
Full Year
| (.04) |
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Stock Data
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| | | Capitalization as of 03/31/2010: | | | | | Authorized Shares | Outstanding Shares |
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| Cumulative Conv. Ser. A Preferred $0.01 par | 1,000,000 | 510,000so1 | | Common $0.01 par | 75,000,000 | 35,277,480 | | 7.5% Cum. Conv. Ser. B Preferred | 4,000 | 3,250so3 |
| | | | LONG TERM DEBT: $8,292. | | | | Common $0.01 par | | | |
Stockholders:
03/15/2010,
738.
| | PRINCIPAL STOCKHOLDERS: March 15, 2010, Shane Family Trust owned or controlled 14.2% of the Common, Juliann Gold 10.0%, Belinha Shane 8.5% Roar Investment LLC 7.1% and Richard L. Johnson 6.5%. | | | |
Transfer Agent: Continental Stock Transfer & Trust Co.
New York
, NY | | | | OTC Bulletin Board( Primary): TOMZ | | | | Exchange | Year | High | Low |
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| OTC Bulletin Board | 2009 | 9.0000 | 1.5500 | | OTC Bulletin Board | 2008 | 10.0000 | 0.4000 |
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| | | | DIVIDENDS: Common $0.01 par: No cash. | | | | | |
so1Each Ser. A share is convertible into one Common share. | |
so3Closely held. Each Ser. B share is convertible into 200 Common shares. | |
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