December 10, 2007
Prospector
Profile
07.1649
 
nFinanSe, Inc. NAICS 522210
6015 31st Street East Bradenton, FL 34203 Description Credit Cards
(941) 753-2875 Employees 46
Revenue (mil) 0.0770
  Income (mil) -14.7890
  Assets (mil) 1.7560
  Liability (mil) 7.5110
  (for the year ended 2006-09-30)
 
Category: Loss/Deficit
 
Event: nFinanSe, Inc. reported a net loss of $2,527,314 for the three months ended September 30, 2007, much lower than the $5,389,797 net loss during the same quarter a year ago. For the nine months ended September 30, 2007, the Company had a $7,373,305 net loss, much lower than the $12,818,777 net loss incurred during the same period last year. As a result of its recurring losses, the Company's balance sheet showed an accumulated deficit of $33,995,522 as of September 30, 2007.
 
Intellectual Property: The Company has filed trademark applications for the name nFinanSe Inc. and logo and the nFinanSe Network™ name and logo. The Company's proprietary intellectual property consists of interactive voice response software, to provide access to information in a database using a telephone; customer relationship management software, for use in customer service applications that require tightly integrated and customizable interaction; and application server and web server software, to provide the business logistics necessary for proper data transmission of all transactions. The majority of its proprietary software is protected by common law copyright. [SEC Filing SB-2 10-26-07]
 
Description: The Company provides stored value cards and prepaid card solutions in the United States.
 
Officers: Jerry R. Welch (Chair & CEO); Raymond P. Springer (Sec. & CFO); Jerome A Kollar (VP & Controller); Benjamin Bond (Dir.); Mark Brewer (Dir.); Joseph Hudgins (Dir.)
 
Auditor: Kingery & Crouse PA
 
Securities: Common Stock-Symbol NFSE.OB; OTC BB; 7,162,219 common shares outstanding as of November 6, 2007.
 
 
 
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