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Prospector
Profile
3-8-001
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| Espre Solutions, Inc. |
NAICS |
516110 |
| 5700 W. Plano Parkway, Suite 2600,
Plano, TX 75093 |
Description |
Internet Publishing |
| (214) 254-3708 |
Employees |
39 |
| http://www.espresolutions.com |
Revenue |
(mil) |
1.7400 |
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Income |
(mil) |
-10.5900 |
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Assets |
(mil) |
4.6700 |
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Liability |
(mil) |
3.1900 |
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(for the year ended 2007-09-30) |
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Category:
Loss/Deficit
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Event:
Espre Solutions, Inc., posted a net loss of $3.27 million on total revenue of $1.08 million for the three months ended December 31, 2007, compared with a net income of $187,579 on total revenue of $2.48 million for the three months ended December 31, 2006. The Company also used cash for operating activities of $2.73 million for the three months ended December 31, 2007, compared to $153,930 used in operation for the three months ended December 31, 2006. The Company's balance sheet at December 31, 2007, showed an accumulated deficit of $74.30 million.
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Intellectual Property:
The Company protects its video compression/decompression (CODEC) and all related applications by relying on trademarks, copyrights, patents, trade secret laws and confidentiality agreements. The Company views its copyright, service marks, trademarks, trade secrets, proprietary technology and intellectual property as critical to its success. The Company currently holds by purchase agreement three U.S. patent and applications pending for seven U.S. patents. The Company has a trademark for Lightning Strike(TM). [SEC Filing 10/A 02-27-08]
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Description:
Espre Solutions, Inc. offers media collaboration solutions that provide television quality streaming video over the Internet principally in the United States.
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Officers:
Peter Ianace (CEO & Dir.); Peter Leighton (Pres. & Dir.); Forres McGraw (CFO); Robert Logan (COO); Robert Nimon (Chief Technology Officer)
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Auditor:
Sweeney Gates & Co.
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Securities:
Common Stock Symbol EPRT.PK; Other OTC; 332,717,549 shares of Common Stock as of January 31, 2008.
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