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Prospector
Profile
07.1243
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| Enxnet, Inc. |
NAICS |
334112 |
| 11333 E Pine Street
Tulsa, OK 74116 |
Description |
DVD Mfg. |
| (918) 592-0015 |
Employees |
4 |
| http://www.enxnet.com/ |
Revenue |
(mil) |
0.0140 |
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Income |
(mil) |
-0.9770 |
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Assets |
(mil) |
0.1780 |
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Liability |
(mil) |
1.1840 |
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(for the year ended 2007-03-31) |
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Category:
Loss/Deficit
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Event:
Enxnet, Inc. reported a net loss for its first quarter ended June 30, 2007 of $200,594, higher than the net loss reported during the same period last year of $181,078. As a result of its recurring losses, the Company has an accumulated deficit of $4,371,458 and stockholder's deficit of $1,105,833 as of June 30, 2007. It also has strained liquidity with $21,772 in total current assets and $1,266,241 in total current liabilities, resulting in a $1,244,469 working capital deficit.
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Intellectual Property:
The Company has filed for 6 patent applications to protect its technology including ThinDisc, Disc Security Tag (DSTag), EnXCase. "acousto-magnetic" Electronic Article Surveillance (EAS) tags, Electronic Radio Frequency Identification Device Activated by Radiant Means (ARFIDTag), Hybrid Acousto-Magnetic Radio Frequency Transceiver Device (HYTag), Electronic Transmission Device for Activation of Electronic Article SurveillanceSystems and Electronic Deactivation Device for RFID Surveillance and Storage for Electronic Article Surveillance (EAS) tags, and hybrid Electronic Article Surveillance (EAS) device (HyTag). In March 2000, the Company acquired exclusive licensing rights from Iterated Systems, Inc., to compile, use, copy and modify ClearVideo Source Code , which is protected by 24 U.S. Patents and 14 various international patents. [SEC Filing 10-KSB 06-26-07]
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Description:
The Company engages in the development, marketing, and licensing of technologies for multimedia management products, solutions, and services.
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Officers:
Ryan Corley (Chair, Pres. & CEO); Stephen Hoelscher (CFO & Treas.); Linda Howard (Sec.); Richard Martell (Dir.)
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Auditor:
Pattillo Brown & Hill LLP
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Securities:
Common Stock-Symbol EXNT.OB; OTC BB;
30,096,716 common shares outstanding as of August 2, 2007.
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