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Prospector Profile 07.1132
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Sense Technologies, Inc. |
NAICS |
334310 |
2535 North Carleton Avenue
Grand Island, NE 68803 |
Description |
Video Equipment Mfg. |
(308) 381-1355 |
Employees |
0 |
http://www.sensetech.com/ |
Revenue |
(mil) |
0.0970 |
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Income |
(mil) |
-1.2250 |
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Assets |
(mil) |
0.3510 |
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Liability |
(mil) |
1.7490 |
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(for the year ended 2007-02-28) |
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Category:
Audit Concerns
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Event:
At February 28, 2007, Sense Technologies, Inc. had not yet achieved profitable operations, has accumulated losses of $13,103,406 since its inception, has a working capital deficiency of $1,654,970 and expects to incur further losses in the development of its business, all of which casts substantial doubt about the Company’s ability to continue as a going concern.
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Intellectual Property:
The Company has registered patent rights for the Guardian Alert® Doppler Awareness System backing awareness system in the United States, Canada, Australia, South Africa, Taiwan, the United Kingdom, Korea and Japan. The Guardian Alert® Doppler Awareness System is a registered trademark. The Company has also received a US Patent on its trailer hitch mount sensor product that easily installs in the receiver-hitch on any vehicle equipped with such a hitch. The ScopeOut® product is generally covered by US Patent Numbers 6,715 893 and 6,799,857, with various other patent applications currently pending, all of which are included in the exclusive license agreement. [SEC Filing 10-KSB 07-12-07]
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Description:
The Company develops and markets automotive safety devices that enhance driver awareness of people or obstacles located in vehicle blind spots in the United States.
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Officers:
Bruce E. Schreiner (Pres., CEO, CFO & Dir.); Cynthia L. Schroeder (Dir.); James R. Iman (Dir.)
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Auditor:
Amisano Hanson
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Securities:
Common Stock-Symbol SNSG.OB; OTC BB;
45,575,551 common shares outstanding as of June 1, 2007.
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