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Prospector Profile 1221-03
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| GlobalPayNET Holdings, Inc. |
NAICS |
511210 |
| Suite 110, 174 Wilson Street
Victoria, British Columbia, Canada V9A 7N7 |
Description |
Software Publisher |
| (250) 294-0101 |
Employees |
0 |
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Revenue |
(mil) |
0.0360 |
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Income |
(mil) |
-0.0070 |
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Assets |
(mil) |
0.0190 |
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Liability |
(mil) |
0.0050 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
GlobalPayNET Holdings, Inc. had a net loss of $449,128 for the three months ended September 30, 2007, compared to a net income of $8,054 for the three months ended September 30, 2006. For the nine months ended September 30, 2007, the Company had a $1,136,006 net loss, much higher than the $5,348 net loss incurred during the nine months ended September 30, 2006. As of September 30, 2007, the Company had a $1,176,830 accumulated deficit in its balance sheet.
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Intellectual Property:
The Company is in the process of registering a trademark for GlobalPayNET, the Company’s Internet-based credit card transaction processing gateway. The Company's continued success depends upon its software, related technology, and publicly branded services. The Company relies upon a registered trademark to protect the unique identity and the commercial value of its services. [SEC Filing 10-KSB 04-02-07]
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Description:
The Company owns a proprietary merchant solution provider called Gateway Express and rebranded GlobalPayNET IP Gateway as of September 2006. By using Spectre's GlobalPayNET IP Gateway, clients are able to process their credit card transactions with a processor who provides all data center functions relating to transaction processing services, including electronic credit card authorizations, electronic fund transfers management, and the development of the Internet software and related communication networks that are involved in providing transaction processing services
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Officers:
Alain Ghiai (Chair, CEO, Sec., Treas. & Dir.); Julius Briner (Pres.)
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Auditor:
Moore & Associates Chartered
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Securities:
27,980,000 common shares outstanding as of November 9, 2007.
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