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Prospector
Profile
115-04
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| CX2 Technologies, Inc. |
NAICS |
517210 |
| 2240 Woolbright Rd., Suite 317,
Boynton Beach, FL 33426 |
Description |
Wireless Telecommunications Carrier |
| (561)740-1734 |
Employees |
4 |
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Revenue |
(mil) |
0.0220 |
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Income |
(mil) |
-7.9000 |
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Assets |
(mil) |
0.5060 |
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Liability |
(mil) |
0.6790 |
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(for the year ended 2007-03-31) |
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Category:
Loss/Deficit
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Event:
CX2 Technologies, Inc., had a net of loss of $148,117 for the second quarter ended September 30, 2007, slightly lower that the $186,781 net loss incurred during the second of 2006. For six months ended September 30, 2007, the Company had a $323,683 net loss, slightly higher that the $312,830 net loss reported during the same period in 2006. The Company's balance sheet at September 30, 2007, showed an accumulated deficit of $8,243,404 and stockholders' deficit of $466,225. It also has strained liquidity with $233,971 in total current assets available to pay $925,329 in total current liabilities.
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Intellectual Property:
On February 29, 2007, the Company acquired from BizCom USA, Inc. a non-exclusive licensing agreement to its wireless digital data intellectual property. This gives CX2 the right to use Bizcom’s proprietary technologies without restriction, including rights to further develop the existing technology or new technology which new development would be owned by the Company. [SEC Filing 10-KSB 12-14-07]
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Description:
CX2 Technologies, Inc., is engaged in the operation and management of 220 MHz digital wireless data communications services.
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Officers:
Adam Reiser (Pres., CEO, Sec., Treas. & Dir.); Sam D. Hitner (Former Pres. & CEO, Dir.)
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Auditor:
Webb & Company PA
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Securities:
Common Stock-Symbol CXTO.OB; OTC BB; 17,772,210 common shares outstanding as of November 19, 2007.
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