October 1, 2007
WiFiMed Holdings Company, Inc. NAICS 511210
3320 Keenland Road Marietta, GA 30062 Description Software Publishers
(866) 833-9948 Employees 0
http://www.wifi-med.com/ Revenue (mil) 0.0000
  Income (mil) -0.1620
  Assets (mil) 0.1800
  Liability (mil) 0.1170
  (for the year ended 2006-12-31)
Category: Loss/Deficit
Event: WiFiMed Holdings Company, Inc. reported a net loss of $792,521 for the three months ended June 30, 2007, higher than the $415,785 net loss reported during the second quarter of 2006. For the six months ended June 30, 2007, the Company had a $1,403,552 net loss, more than double the $581,277 net loss reported during the first half of 2006. The Company's balance sheet showed an accumulated deficit of $5,559,162 and stockholders' deficit of $1,143,985 as of June 30, 2007. It also has strained liquidity with $571,659 in total current assets available to pay $1,733,794 in total current liabilities.
Intellectual Property: The Company has applied for two utility patents for Patient Workflow Process (PWP) and Global Synchronization Technology and a provisional patent for Cross Mapping Technology with the U.S. Patent and Trademark Office. WiFiMed is in the process of filing two additional patent applications for Transcription Free Dictation and Complex Reporting Administration and Multiphase Processor. In addition to WiFiMed's U.S. patent applications, it has filed an international patent application for the PWP. [SEC Filing 10-KSB 04-17-07]
Description: The Company provides applications and solutions to manage the patient workflow process.
Officers: Marshall Sterman (Chair); Jeffrey A. Simon (Pres., CEO & Dir.); Mark A Bloomberg, MD (EVP & Chief Medical Officer); David Hubbard (EVP & Dir.); Richard F. Burtt (Dir.); Robert Coffill, Jr. (Dir.)
Auditor: Michael F. Cronin
Securities: Common Stock-Symbol WIFM.OB; OTC BB; 25,434,539 common shares outstanding as of June 30, 2007.
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