July 23, 2007
Prospector
Profile
07.1083
 
Cistera Networks, Inc. NAICS 517919
17304 Preston Road, Suite 975 Dallas, TX 75252 Description Telecommunications Services
(972) 381-4699 Employees 0
http://web.cistera.com/c/index.jsp Revenue (mil) 2.0460
  Income (mil) -1.1740
  Assets (mil) 3.3720
  Liability (mil) 3.7120
  (for the year ended 2007-03-31)
 
Category: Audit Concerns
 
Event: Robison Hill & Co. expressed doubts on the ability of Cistera Networks, Inc. to continue as a going concern due to its recurring losses from operations and net capital deficiency.
 
Intellectual Property: In connection with the Company's merger with XBridge Software, Inc., the Company acquired all of the assets and liabilities of XBridge Software, valued at $782,245, and intellectual property valued at $2,717,755. [SEC Filing 10-KSB 06-28-07]
 
Description: The Company provides Internet protocol based application platforms and engines for the enterprise voice over IP communications market.
 
Officers: Derek P. Downs (Pres., Interim CEO & Dir.); Cynthia A. Garr (EVP, Interim CFO & Dir.); Greg T. Royal (EVP, Chief Technology Officer & Dir.)
 
Auditor: Robison Hill & Co.
 
Securities: Common Stock-Symbol CNWT.OB; OTC BB; 8,292,022 common shares outstanding as of March 31, 2007.
 
 
 
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