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News/Media Center : FAQ's

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
When was iLOOKABOUT founded?
 

iLOOKABOUT’s corporate history began as iLOOKABOUT Holdings Inc., incorporated on October 6,2000. Through an amalgamation of iLOOKABOUT Holdings Inc. and Berkeley Capital Corp.I., a capital pool corporation, iLOOKABOUT Corp was formed on April 1, 2008.

iLOOKABOUT Inc . is a wholly owned subsidiary of iLOOKABOUT Corp., originally incorporated on October 6, 2000. On January 1, 2008 iLOOKABOUT Inc. and iLOOKABOUT Inventions Inc

iLOOKABOUT Inc. conducts all of iLOOKABOUT’s Canadian operations and owns all of iLOOKABOUT’s proprietary software, patents, patents pending, and registered and unregistered trademarks.

iLOOKABOUT (US) Inc. is a wholly owned subsidiary of iLOOKABOUT Corp. and conducts the Company’s United States operations.

iLOOKABOUT Global Inc. is a wholly owned subsidiary of iLOOKABOUT Corp. and is an international business corporation incorporated under the Companies Act ( Barbados) on July 26, 2007.

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Where is iLOOKABOUT's corporate office?
 

Our corporate offices are located at:
383 Richmond Street, Suite 408
London, Ontario, N6A 3C4

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Where are iLOOKABOUT shares traded?
 

iLOOKABOUT’s shares are listed on The TSX Venture Exchange Inc
Symbol: ILA-V

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When did iLOOKABOUT begin trading on the stock exchange?
 

iLOOKABOUT began trading on The TSX Venture Exchange Inc. on April 7, 2008.

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Can I buy shares directly from iLOOKABOUT?
 

iLOOKABOUT does not sell shares directly. Please contact your investment advisor to purchase shares.

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When is iLOOKABOUT's fiscal year-end?
 

December 31 is the Company’s fiscal year end.

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How many shares are outstanding?
 

As at May 5, 2008 there were 34,384,492 common shares and 10,433,306 options and/or warrants to purchase common shares outstanding.

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What is iLOOKABOUT's official accounting currency?
 

The Company reports in Canadian dollars for financial reporting purposes.

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How does iLOOKABOUT generate revenue?
 

The Company earns revenue primarily from its Virtual Tour and StreetScape products and professional services.

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How does iLOOKABOUT recognize revenue?
 

The Company recognizes revenue in accordance with Canadian generally accepted accounting principles (“GAAP”).

StreetScape related revenue is generated through the licensing of geo-coded, street-level images. The related revenue is recognized as service is delivered and collection is reasonably assured. Revenue for long term licensing contracts is recognized in accordance with contract terms and generally accepted accounting principles. Initial payments received in advance of service delivery are recorded as deferred revenue when the cash is received and recognized as revenue over the term of the license as service is delivered.

Revenue from the Virtual Tour product is recognized at the time the product is delivered and collection is reasonably assured.

Revenue related to professional services is recognized as service is delivered and collection is reasonably assured.

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Who are iLOOKABOUT's auditors?
 

KPMG LLP

1400-140 Fullarton Street
London Ontario
N6A 5P2
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How can I obtain a copy of iLOOKABOUT's annual and quarterly reports?
 

The Company’s financial statements and Management’s Discussion and Analysis can be accessed through SEDAR at www.sedar.com.

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How can I obtain a copy of documents publicly filed by iLOOKABOUT?
 
The Company’s publicly filed documents can be accessed through SEDAR at www.sedar.com

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What is the CUSIP number for iLOOKABOUT?
 

The CUSIP number for iLOOKABOUT's common shares is 45236R.

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Who is iLOOKABOUT's transfer agent and how can I reach them?
 

Equity Transfer & Trust Company
200 University Avenue, Suite 400
Toronto ON M5H 4H1
Toll Free: 1 (866) 393-4891
Tel: (416) 361-0152
Fax: (416) 361-0470
E-Mail: info@equitytransfer.com
http://www.equitytransfer.com/

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