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Prospector
Profile
07.1282
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| O2 Secure Wireless, Inc. |
NAICS |
518111 |
| 4898 South Old Peachtree Road NW, Suite 150
Norcross, GA 30071 |
Description |
Wireless Internet Services |
| (678) 942-0684 |
Employees |
8 |
| http://www.o2securewireless.com/ |
Revenue |
(mil) |
0.2110 |
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Income |
(mil) |
-0.8460 |
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Assets |
(mil) |
1.0210 |
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Liability |
(mil) |
0.1080 |
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(for the year ended 2006-09-30) |
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Category:
Loss/Deficit
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Event:
O2 Secure Wireless, Inc. reported a net loss of $166,216 on revenues of $112,456 for the third quarter ended June 30, 2007, lower than the $185,273 net loss on $66,518 of revenues reported during the third quarter of last year. For the nine months ended June 30, 2007, the Company reported a $574,745 net loss, lower than the $659,233 net loss reported during the same period last year. The Company's balance sheet showed $2,533,411 in accumulated deficit and $137,761 in working capital deficit.
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Intellectual Property:
The Company relies on a combination of trademark, copyright, trade secret laws and disclosure restrictions to protect intellectual property rights. It also enters into confidentiality and proprietary rights agreements with employees, consultants and other third parties and control access to software, documentation and other proprietary information. The Company relies on common law trademark rights to protect the tradename "O2 Secure Wireless." In addition, the Company licenses third-party technologies that are incorporated into its services, including off-the-shelf software as well as software code to monitor network access components licensed on a perpetual basis from Netconx D and C Wireless LLC. [SEC Filing 10-KSB 12-28-06]
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Description:
The Company provides wireless Internet services to multi-dwelling units in the southeastern United States.
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Officers:
T. Scott Conley (Pres., CEO & Dir.); Craig C. Sellars (Chief Information Officer & Dir.); India Creery (Interim CFO); Keith A. Greaves (Dir.)
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Auditor:
Braverman International PC
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Securities:
Common Stock-Symbol OTOW.OB; OTC BB;
26,176,552 common shares outstanding as of May 15, 2007.
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