Last $0.03 USD
Change Today +0.001 / 4.17%
Volume 20.0K
As of 8:10 PM 05/20/13 All times are local (Market data is delayed by at least 15 minutes).

id watchdog inc (IDWAF) Snapshot

Open
$0.03
Previous Close
$0.02
Day High
$0.03
Day Low
$0.03
52 Week High
05/29/12 - $0.06
52 Week Low
05/15/13 - $0.02
Market Cap
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Average Volume 10 Days
20.8K
EPS TTM
--
Shares Outstanding
0.0
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ID WATCHDOG INC (IDWAF)

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id watchdog inc (IDWAF) Details

ID Watchdog, Inc., through its subsidiary, Identity Rehab Corporation, provides various identity theft detection, protection, and resolution services primarily to individual consumers on a subscription basis. Its service offerings include Identity Monitoring, which scans public and private consumer databases generating client alerts of suspicious activity associated with name, address, phone number, date of birth, and social security number; Cyber Monitoring that scans known malicious chat rooms, blogs, and underground Websites for client name, credit card information, and social security number, which can be bought and sold for fraudulent usage; and Non-Credit Loan Monitoring that monitors data feeds from non-credit loan outlets. The company’s service offerings also comprise Credit Reports and Credit Scores that provide on-line access to credit reports and credit scores to check the validity and accuracy of client account information; Credit Monitoring, which monitors daily for changes to the client’s credit reports; and Resolution Services that enable to find, stop, and fix the indentified theft before damage occurs. ID Watchdog, Inc. was founded in 2005 and is headquartered in Denver, Colorado.

id watchdog inc (IDWAF) Top Compensated Officers

Chairman of the Board and Chief Executive Off...
Total Annual Compensation: $138.6K
Founder
Total Annual Compensation: $110.4K
Chief Financial Officer
Total Annual Compensation: $70.5K
Chief Information Officer
Total Annual Compensation: $135.0K
Vice President of Operations
Total Annual Compensation: $112.7K
Compensation as of Fiscal Year 2011.

id watchdog inc (IDWAF) Key Developments

ID Watchdog, Inc. Announces Change of President

ID Watchdog, Inc. announced the resignation of Daniel Mohan, President of the company, effective April 30, 2013. Mr. Greene, CEO of the company will assume Mr. Mohan's duties.

ID Watchdog Seeks Acquisitions

ID Watchdog, Inc. seeks acquisitions. ID Watchdog Inc.'s indirect wholly owned subsidiary IDR Processing LLC has entered into an agreement to acquire approximately 1,900 identity-theft-protection customers and related assets from iSekurity Inc. "The acquisition not only adds an additional 1,900 customers to our customer base, but it also brings to us a new channel relationship from which we can further expand our customer base. While we continue to drive our employee benefits and anti-virus/tech support channels, we will also seek to acquire other identity theft protection customers and/or companies to allow us to grow our revenue base and exploit operating efficiencies across our best-in-class infrastructure," said Michael Greene, Chief Executive Officer, ID Watchdog.

ID Watchdog, Inc. Announces $500,000 Credit Facility

ID Watchdog, Inc. has closed on a $500,000 secured credit facility with Costella Kirsch. The company borrowed $250,000 on the credit facility at closing and may, at its discretion, borrow an additional $250,000 (the second draw) on or before July 31, 2013, if certain financial targets are achieved. Upon closing of the credit facility the company will issue to the Lender 1,000,000 of its ordinary shares and an additional 1,000,000 of its ordinary shares if the Second Draw is borrowed. The credit facility matures on June 30, 2016, is secured by all of the assets of ID Rehab and the borrowings from the credit facility will be used for general corporate purposes.

 

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