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Prospector Profile 07.1603
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Quepasa Corp. |
NAICS |
519130 |
7550 East Redfield Road, Suite A
Scottsdale, AZ 85260 |
Description |
Internet Sites |
(480) 348-2665 |
Employees |
77 |
http://www.quepasa.com/ |
Revenue |
(mil) |
0.3950 |
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Income |
(mil) |
-11.4490 |
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Assets |
(mil) |
16.0880 |
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Liability |
(mil) |
0.8980 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Quepasa Corp. reported a net loss of $3.5 million on revenues of $64,197 for the third quarter ended Sept. 30, 2007, compared with a net loss of $1.4 million on revenues of $53,713 for the same period in 2006. At Sept. 30, 2007, the company's consolidated balance sheet showed $8.8 million in total assets, $1.7 million in total liabilities, an $7.1 million in total shareholders' equity. It also has an accumulated deficit of $129.09 million as of Sept. 30, 2007.
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Intellectual Property:
The Company creates, owns and maintains a wide array of intellectual properties that are valuable to the Company. The intellectual property includes patents and patent applications related to innovations, products and services; trademarks related to brands, products and services; copyrights in software and creative content; trade secrets; and other intellectual property rights and licenses of various kinds. The Company seeks to protect intellectual property assets through patent, copyright, trade secret, trademark and other laws of the United States and other countries of the world, and through contractual provisions. The Company considers the Quepasa trademark and related trademarks to be valuable and has registered these trademarks in the United States and other countries throughout the world. In February 2007, the Company acquired the assets of corazones.com, a leading bi-lingual online dating website designed for Hispanic users. Corazones.com offers features that complement its social network suite of products and services. [SEC Filing 10-KSB 04-17-07]
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Description:
The Company operates a Spanish/English language Internet portal and online community targeting the U.S. Hispanic and Latin American markets.
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Officers:
Robert B. Stearns (Chair & CEO); Charles B. Mathews (CFO); Douglas A. Gray (Chief Technology Officer)
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Auditor:
Perelson Weiner LLP
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Securities:
Common Stock-Symbol QPSA.OB; OTC BB;
12,238,261 common shares outstanding as of May 11, 2007.
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