November 26, 2007
Prospector
Profile
07.1603
 
Quepasa Corp. NAICS 519130
7550 East Redfield Road, Suite A Scottsdale, AZ 85260 Description Internet Sites
(480) 348-2665 Employees 77
http://www.quepasa.com/ Revenue (mil) 0.3950
  Income (mil) -11.4490
  Assets (mil) 16.0880
  Liability (mil) 0.8980
  (for the year ended 2006-12-31)
 
Category: Loss/Deficit
 
Event: Quepasa Corp. reported a net loss of $3.5 million on revenues of $64,197 for the third quarter ended Sept. 30, 2007, compared with a net loss of $1.4 million on revenues of $53,713 for the same period in 2006. At Sept. 30, 2007, the company's consolidated balance sheet showed $8.8 million in total assets, $1.7 million in total liabilities, an $7.1 million in total shareholders' equity. It also has an accumulated deficit of $129.09 million as of Sept. 30, 2007.
 
Intellectual Property: The Company creates, owns and maintains a wide array of intellectual properties that are valuable to the Company. The intellectual property includes patents and patent applications related to innovations, products and services; trademarks related to brands, products and services; copyrights in software and creative content; trade secrets; and other intellectual property rights and licenses of various kinds. The Company seeks to protect intellectual property assets through patent, copyright, trade secret, trademark and other laws of the United States and other countries of the world, and through contractual provisions. The Company considers the Quepasa trademark and related trademarks to be valuable and has registered these trademarks in the United States and other countries throughout the world. In February 2007, the Company acquired the assets of corazones.com, a leading bi-lingual online dating website designed for Hispanic users. Corazones.com offers features that complement its social network suite of products and services. [SEC Filing 10-KSB 04-17-07]
 
Description: The Company operates a Spanish/English language Internet portal and online community targeting the U.S. Hispanic and Latin American markets.
 
Officers: Robert B. Stearns (Chair & CEO); Charles B. Mathews (CFO); Douglas A. Gray (Chief Technology Officer)
 
Auditor: Perelson Weiner LLP
 
Securities: Common Stock-Symbol QPSA.OB; OTC BB; 12,238,261 common shares outstanding as of May 11, 2007.
 
 
 
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