OTC Bulletin Board
S & P Company Insight for URANIUM HUNTER CORP |
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Profile
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| Business Summary: Uranium Hunter Corporation engages in the acquisition, exploration, and development of uranium mining properties in Africa. | | | Address 100 King St Suite 5700
Toronto
, ON M9N1L3
Phone: 416-915-3199
Fax: 416-915-3198
Website: http://www.uraniumhuntercorp.com
| | Auditor |
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Gordon K.W. Gee
Vancouver
Canada
| | Transfer Agent |
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Empire Stock Transfer Inc.
| | ShareHolders: 30 | Founded: 2003 Domicile: Nevada | | | |
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Background
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| Uranium Hunter Corporation engages in the acquisition, exploration, and development of uranium mining properties in Africa. The company has an option to acquire up to a 100% interest in the Gambaro Property consisting of approximately 170 square kilometers located in Njombe and Songea Districts in the Republic of Tanzania. It also holds an option to acquire a 75% interest in the Nkoko and Kagadi uranium properties, which contain approximately 820 square kilometers located in Kibaale district, Uganda. The company was founded in 2003. It was formerly known as Brownsville Company and changed its name to Uranium Hunter Corporation in 2007. Uranium Hunter Corporation is based in Toronto, Canada. | | History: INCORPORATED in Nevada Sept. 4, 2003, as Brownsville Company; name changed to Uranium Hunter Corp. Feb. 14, 2007. | | | | | | | | | |
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Management
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Management
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| Officers | Position |
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| Ghaith Qamheiah | President, Secretary, Treasurer & Chief Executive Officer | | Rakesh Malhotra | Chief Financial Officer |
| | Directors |
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| Howard S. Barth | | Ghaith Qamheiah | | Akolisa Ufodike | | | |
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Annual Report
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| Annual Report |
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| | | Income Statement | |
| 2007 |
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| Operating Expenses |
| | General and administration | 306,461 | | Project expenses | 187,579 | | Amortization | 276 | | Total Operating Expenses | 494,316 | | Loss from Operations | (494,316) | | Loss before Income Taxes | (494,316) | | Provision for income taxes | -- | | Loss from continuing operations | (494,316) | | Gain (Loss) from discontinued operations (Note 7) | 6,009 | | Net Loss | (488,307) | | Loss per Weighted Average Number |
| | of Shares Outstanding from |
| | continuing operations |
| | -Basic and Diluted | (0.01) | | Loss per Weighted Average Number |
| | of Shares Outstanding from |
| | discontinued operations |
| | -Basic and Diluted | (0.00) | | Net Loss per Weighted Average Number |
| | of Shares Outstanding |
| | -Basic and Diluted | (0.01) | | Weighted Average Number |
| | of Shares Outstanding |
| | -Basic and Diluted (note 7) | 64,320,000 | | Operating Income As Calculated |
| | Depr. and Amort. |
| | Fixed Charges Coverage: |
| | Available for Fixed Charges |
| | Gross Fixed Charges |
| | Fixed Charges Times Earnings |
| | Fixed Charges Coverages and Preferred Dividends Times Earnings |
| | Capital Expenditures |
| | Research & Development Expenditures |
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| | | | Balance Sheet | |
| 2007 | 2006 |
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| ASSETS |
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| | Current |
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| | Cash and cash equivalents | 229,524 | 1,720 | | Prepaid expenses and other receivables | 13,769 | -- | | Discontinued Operations (Note 7) | -- | 23,136 | | Total Current Assets | 243,293 | 24,856 | | Plant and Equipment, net (Note 3) | 3,866 | -- | | Discontinued Operations (Note 7) | -- | 12,000 | | Total Assets | 247,159 | 36,856 | | LIABILITIES |
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| | Current |
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| | Accounts payable and accrued liabilities | 87,780 | -- | | Discontinued Operations (Note 7) | -- | 21,170 | | Loans from related parties | -- | 18,000 | | Total Current Liabilities | 87,780 | 39,170 | | Total Liabilities | 87,780 | 39,170 | | Net Working Capital |
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| | Equity per Share |
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| | Depr. and Amort. Reserve |
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| | Preferred Shares Issued |
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| | Common Shares Issued |
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| | Treasury Shares - Preferred |
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| | Treasury Shares - Common |
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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 | | 2007 |
1 | 10,000 | | 2007 |
2 | Nil | | 2007 |
3 | Nil | | 2007 |
Full Year
| Nil | | 2006 |
Full Year
| 70,000 |
| | | | | | Quarterly Net Income, US$ |
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| Year | Quarter | Revenue | | 2008 |
2 | Nil | | 2008 |
3 | Nil | | 2007 |
1 | Nil | | 2007 |
2 | Nil | | 2007 |
3 | Nil | | 2007 |
Full Year
| (490,000) | | 2006 |
Full Year
| (20,000) | | 2005 |
Full Year
| (40,000) | | 2004 |
Full Year
| (10,000) |
| | | | | | Quarterly EPS, US$ |
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| Year | Quarter | Revenue | | 2008 |
2 | Nil | | 2008 |
3 | Nil | | 2007 |
1 | Nil | | 2007 |
2 | Nil | | 2007 |
3 | Nil | | 2007 |
Full Year
| (.01) | | 2006 |
Full Year
| Nil |
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Stock Data
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| | | Capitalization as of 12/31/2007: | | | | | Authorized Shares | Outstanding Shares |
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| Common $0.001 par | 450,000,000 | 64,320,000 |
| | | | LONG TERM DEBT: None. | | | | Common $0.001 par | | | |
Stockholders:
12/27/2007,
30.
| | PRINCIPAL STOCKHOLDERS: September 30, 2007, Adam R. Cegielski owned or controlled 46.6% of the Common. | | | |
Transfer Agent: Empire Stock Transfer Inc.
Henderson
, NV | | | | OTC Bulletin Board( Primary): URHN | | | | Exchange | Year | High | Low |
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| OTC Bulletin Board | 2007 | 1.5000 | 0.5200 | | OTC Bulletin Board | 2006 | 1.2500 | 1.0500 |
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| | | | DIVIDENDS: Common $0.001 par: No cash.
Common split 3-for-1, July 26, 2006.
Common split 2-for-1, Feb. 14, 2007. | | | | | |
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