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Prospector
Profile
07.1153
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| NextPhase Wireless, Inc. |
NAICS |
517212 |
| 300 South Harbor Boulevard, Suite 500
Anaheim, CA 92805 |
Description |
Telecommunications |
| (714) 765-0010 |
Employees |
13 |
| http://www.npwireless.com/ |
Revenue |
(mil) |
1.9860 |
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Income |
(mil) |
-2.4760 |
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Assets |
(mil) |
1.7220 |
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Liability |
(mil) |
4.3930 |
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(for the year ended 2007-03-31) |
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Category:
Audit Concerns
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Event:
KMJ Corbin & Company LLP raised doubts on the ability of NextPhase Wireless, Inc. to continue as a going concern. The auditor points out that the Company has incurred losses from operations and negative cash flows from operating activities during the years ended March 31, 2007 and 2006. The Company also had a working capital deficiency as of March 31, 2007 of approximately $1,865,000.
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Intellectual Property:
NextPhase's proprietary wireless products are based on readily available component parts, units and off-the-shelf software. Its technology is not patented, nor has it obtained or applied for, copyright registration for its products. The configuration and specifications of its products and the compilation, integration, bundling or embedding of component parts and software which comprises its products are protected as a trade secret. The Company's trademarks include NextZone™, NextMetro™, Sudden Network™ and NextNode Virtual Networks™. [SEC Filing 10-KSB 07-16-07]
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Description:
The Company provides integrated Internet, voice, and data communications solutions primarily in California.
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Officers:
Stephen D. Young (Chair); Robert Ford (Pres., CEO, CFO, Treas. & Dir.); Michael Jones (Dir.)
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Auditor:
KMJ Corbin & Company LLP
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Securities:
Common Stock-Symbol NXPW.OB; OTC BB;
29,948,995 common shares outstanding as of February 16, 2007.
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