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Last Updated: Sunday, October 13, 2013 02:19:57 AM
Sparta Commercial Services, Inc. SRCO Current Price and Quotes
Last Price 0.57
Previous Close 0.57 Open N/A
Daily Range N/A - N/A 52wk Range 0.98 - 0.26
Volume 0 Dividend N/A
Average Vol (3m) 21,872 Yield N/A
Sparta Commercial Services, Inc. SRCO
Company Information
370 Lexington Ave.
Suite 1901
New York, NY 10017
Website: http://www.specialtyreportsinc.com
Phone: 800-882-0778
Email: info@spartacommercial.com
Sparta Commercial Services, Inc. SRCO
Sparta Commercial Services, Inc. (SRCO) is a New York-based technology company that has its roots in the powersports industry where it originally focused primarily on providing consumer and municipal financing to the powersports, recreation, and auto industries. In May 2010, SRCO formed a subsidiary company; Specialty Reports, Inc. (SRI), a one-stop online source for multiple types of vehicle history reports, including Motorcycles, Automobiles, and RV's. Their history report products include Cy...
Sparta Commercial Services, Inc. SRCO
Financial Reportings and Disclosures
Reporting Status U.S. Reporting: SEC Filer
Audited Financials Audited
Latest Report Jul 31, 2013 10-Q
CIK 0000318299
Fiscal Year End 4/30
OTC Marketplace OTCQB
Profile Data
SIC - Industry Classification 6199 - Finance Services
Incorporated In: NV, USA
Year of Inc. 2005
Employees 13 a/o Mar 04, 2013
Company Officers/Contacts
Anthony L. Havens CEO
Richard Trotter COO
Anthony Adler CFO, EVP
Company Directors
Anthony L. Havens Chairman
Company Notes
Formerly=Tomahawk Industries, Inc. until 8-04
Note=4-30-04 company is in the development stage
Formerly=Tomahawk Oil & Minerals, Inc. to 10-83
Service Providers
Auditor/Accountant
RBSM LLP
805 Third Avenue
Suite 902
New York, NY, 10022
United States
Legal Counsel
Scarinci and Hollenbeck
99 Park Avenue
New York, NY, 10016
United States
Investor Relations Firm
Acorn Management Partners, LC
105 Noble Court
Alpharetta, GA, 30005
United States
Sparta Commercial Services, Inc. SRCO
SRCO Security Details
Share Structure
Market Value1 $9,480,004 a/o Oct 11, 2013
Shares Outstanding 16,631,586 a/o Sep 16, 2013
Float 9,800,257 a/o Mar 04, 2013
Authorized Shares 750,000,000 a/o Mar 04, 2013
Par Value 0.001
Shareholders
Shareholders of Record 3,044 a/o Aug 13, 2013
Security Notes
New Issue=10-80 20,000,000 shs at 10 cents (best efforts-10,000,000 min.) by American Western Securities, Inc.
Capital Change=shs decreased by 1 for 10 split. Effective date=9-27-01
Capital Change=shs decreased by 1 for 200 split immediately followed by a 25 for 1 split. Effective date=12-27-04
Capital Change=shs increased by 25 for 1 split Ex-date=12/27/2004.
Capital Change=shs decreased by 1 for 75 split. Ex-date=05/18/2012.
Short Selling Data
Short Interest 4,857 (-73.02%)
Sep 30, 2013
Significant Failures to Deliver No
Transfer Agent(s)
Jersey Transfer & Trust Co.
Sparta Commercial Services, Inc. SRCO Financials
Period Ending Apr 30, 2013 Apr 30, 2012 Apr 30, 2011 Apr 30, 2010
Total Revenue 414 290 514 713
Cost of Revenue 146 96 - -
Gross Profit 268 193 514 713
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 1,692 923 2,795 2,520
Non-Recurring Items - - - -
Other 7 11 92 702
Operating Income (1,432) (741) (2,374) (2,509)
Income From Continuing Operations
Add'l Income/Expense Items (956) 209 (896) (45)
Earnings Before Interest and Tax (2,388) (532) (3,269) (2,554)
Interest Expense 336 464 394 1,588
Earnings Before Tax (2,724) (996) (3,664) (4,141)
Income Tax - - - -
Minority Interest (35) (38) (92) -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (2,689) (958) (3,572) (4,141)
Non Recurring Events
Discontinued Operations (880) (1,034) - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (3,569) (1,992) (3,572) (4,141)
Preferred Stock and Other Adjustments (158) (158) (158) (97)
Net Income Applicable to Common Shareholders (3,727) (2,150) (3,729) (4,238)
Sparta Commercial Services, Inc. SRCO Recent News
Sept 11, 2013 Specialty Reports Partners With Leading Web-Based Customer Loyalty Company for Powersports Industry
Aug 26, 2013 Clayton, NC Again Turns to Sparta Commercial's Municipal Lease Program
Aug 23, 2013 Specialty Reports, Inc. Launches Truckchex
Aug 14, 2013 Sparta Commercial Services Litigation Against DZ Bank to Proceed to Discovery
Aug 14, 2013 OTC Daily Alert Stock Watch - Sparta Commercial Services, Inc (OTCQB: SRCO)
Jul 30, 2013 Sparta Commercial Adds Lien Information to Its Vehicle History Reports
Jul 16, 2013 Sparta Commercial Sees Continued Gains in Domestic and Global Sales of Its Online Vehicle History Reports
SRCO Sparta Commercial Services, Inc. Research DD Guide
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