October 8, 2007
Prospector
Profile
07.1382
 
Brendan Technologies, Inc. NAICS 511210
2236 Rutherford Road, Suite 107 Carlsbad, CA 92008 Description Software Publishers
(760) 929-7500 Employees 14
http://www.brendan.com/ Revenue (mil) 0.5210
  Income (mil) -2.1100
  Assets (mil) 0.4350
  Liability (mil) 3.3110
  (for the year ended 2007-06-30)
 
Category: Default
 
Event: The Company is in default of two convertible, unsecured, senior subordinated notes payable, due on various dates on or before September 2004, bearing interest at 8% per annum. The carrying value of these notes is $225,382, including interest at June 30, 2007.
 
Intellectual Property: The Company attempts to protect the proprietary aspects of its products with copyrights, trade secret law and internal nondisclosure safeguards. The source code for the software contained in its products is considered proprietary and it does not furnish source code to customers. The Company has also entered into confidentiality agreements with its employees. [SEC Filing 10-KSB 09-28-07]
 
Description: The Company engages in the design, development, and marketing of computational analytical software products for the laboratory testing industry.
 
Officers: John R. Dunn II (Chair, Pres., CEO & Dir.); George Dunn (COO & Sec.); Lowell W. Giffhorn (CFO & Dir.); Theo Vermaelen (Dir.); Stephen Eisold (Dir.); Jason Booth (Dir.)
 
Auditor: Farber Hass Hurley McEwen LLP
 
Securities: Common Stock-Symbol BDTE.OB; OTC BB; 23,705,594 common shares outstanding as of September 25, 2007.
 
 
 
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