November 26, 2007
Prospector
Profile
07.1608
 
Sputnik, Inc. NAICS 511210
650 5th Street, Suite 303 San Francisco, CA 94107 Description Software Publishers
(415) 355-9500 Employees 7
http://www.sputnik.com/ Revenue (mil) 0.4890
  Income (mil) -0.2060
  Assets (mil) 0.0530
  Liability (mil) 0.0650
  (for the year ended 2006-12-31)
 
Category: Loss/Deficit
 
Event: Sputnik, Inc. had a net loss of $177,623 on revenues of $181,269 for the three months ended September 30, 2007, much higher than the $48,007 net loss on revenues of $125,607 reported during the three months ended September 30, 2006. For the nine months ended September 30, 2007, the Company had a $501,562 net loss, much higher than the $111,325 net loss reported during the same period last year. The Company's balance sheet at September 30, 2007, showed an accumulated deficit of $1,601,798.
 
Intellectual Property: “Sputnik” is a registered trademark for computer hardware and software for use in providing Internet access. The Company is now initiating formal legal steps to secure patent rights related to its proprietary software. [SEC Filing 10-KSB 04-17-07]
 
Description: The Company provides software for public wireless fidelity (Wi-Fi) services in the United States.
 
Officers: David LaDuke (Pres., CEO, Treas., Sec. & Dir.); Arthur Tyde (Dir.)
 
Auditor: Malone & Bailey PC
 
Securities: Common Stock-Symbol SPUT.OB; OTC BB; 14,763,919 common shares outstanding as of September 30, 2007.
 
 
 
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