March 10, 2008
Prospector
Profile
3-5-003
 
National Scientific Corp. NAICS 334000
8361 E. Evans Road, Suite 106 Scotsdale, AZ 85260-3617 Description Computer & Electronic Product Mfg.
(480) 948-8324 Employees 3
http://www.national-scientific.com/ Revenue (mil) 0.6300
  Income (mil) -0.4500
  Assets (mil) 0.1300
  Liability (mil) 1.4600
  (for the year ended 2007-09-30)
 
Category: Loss/Deficit
 
Event: National Scientific Corp. reported a net loss of $91,896 on revenues of $215,539 for the first quarter ended December 31, 2007, compared with a net loss of $122,643 on revenues of $138,216 during the same period in 2006. The Company's balance sheet at December 31, 2007, showed $156,557 in total assets and $1,556,970 in total liabilities, resulting in a $1,400,413 total stockholders' deficit. It also has strained liquidity with $140,099 in total current assets available to pay $1,416,839 in total current liabilities.
 
Intellectual Property: The Company has applied for U.S. patents relating to several technologies, including Heterojunction Bipolar Transistor, Monolithic Inductor, Distributed Amplifier, TMOS(R) Memory, Mode Dielectric Resonator, and Communications Receiver with Integrated IF Filter. The Company has filed patent applications for other semiconductor-related patents since 2000, including some improvements to existing products as well as on related devices. The commercial importance of these inventions and the final disposition of these applications are uncertain. The Company also holds the U.S. trademark to the word TMOS(R), awarded on July 1, 2003, U.S. Trademark registration number 2732825. [SEC Filing 10-KSB 12-31-07]
 
Description: National Scientific Corporation engages in the research, development, manufacture, and sale of mobile computer-related hardware and software products, and devices primarily in the United States.
 
Officers: Michael A. Grollman (Chair & CEO); Graham L. Clark (Pres., CEO & Dir.); Gregory Szabo (Dir.)
 
Auditor: Semple Marchal & Cooper LLP
 
Securities: Common Stock Symbol NSCT.OB; OTC BB; 122,280,557 common shares outstanding as of February 7, 2008.
 
 
 
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