October 8, 2007
Prospector
Profile
07.1397
 
Mobiventures, Inc. NAICS 511210
Suite 5.18, 130 Shaftesbury Avenue London, England WID 5EU Description Software Publishers
+44 (0) 20 7031 1193 Employees 1
Revenue (mil) 0.0100
  Income (mil) -2.8160
  Assets (mil) 0.1720
  Liability (mil) 0.2770
  (for the year ended 2006-09-30)
 
Category: Loss/Deficit
 
Event: Mobiventures, Inc. had a net loss of $398,681 for the three months ended June 30, 2007, higher than the $24,954 net loss incurred during the third quarter last year. For the nine months ended June 30, 2007, the Company incurred a $890,541 net loss, lower than the $2,685,512 net loss booked in the same period last year. As a result of its recurring losses, the Company's balance sheet showed an accumulated deficit of $3,925,855, stockholder's deficit of $688,361 and working capital deficit of $662,934 as of June 30, 2007.
 
Intellectual Property: The Company owns intellectual property rights relating to the MobileMail suite of software applications that includes trade secrets and copyright. The Company seeks to protect intellectual property by treating portions of the software as trade secrets and obtaining confidentiality or non-disclosure agreements from persons who are given access. The Company has applied for trademark protection in the U.K. of “MobileMail”, “EasySMS”, “MailSMS” and “CorporateSMS” used in connection with its SMS messaging solutions. [SEC Filing 10-KSB 01-11-07]
 
Description: The Company owns a suite of software applications which provides a platform for enabling users to send Short Message Service (SMS) messaging traffic to wireless devices using the Internet and to, in turn, receive SMS messages from wireless devices through the Internet.
 
Officers: Gary Flint (Pres., CEO & Dir.)
 
Auditor: Staley Okada & Partners
 
Securities: Common Stock-Symbol MBLV.OB; OTC BB; 37,658,160 common shares outstanding as of August 9, 2007.
 
 
 
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