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Prospector Profile 07.1608
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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 |
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Income |
(mil) |
-0.2060 |
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Assets |
(mil) |
0.0530 |
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Liability |
(mil) |
0.0650 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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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.
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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]
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Description:
The Company provides software for public wireless fidelity (Wi-Fi) services in the United States.
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Officers:
David LaDuke (Pres., CEO, Treas., Sec. & Dir.); Arthur Tyde (Dir.)
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Auditor:
Malone & Bailey PC
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Securities:
Common Stock-Symbol SPUT.OB; OTC BB;
14,763,919 common shares outstanding as of September 30, 2007.
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