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Prospector
Profile
202-05
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| Pegasus Wireless Corp. |
NAICS |
517212 |
| 277 Royal Poinciana Way, Suite 153
Palm Beach, FL 33480 |
Description |
Wireless Communications |
| (510) 490-8288 |
Employees |
500 |
| http://www.pegasuswirelesscorp.com |
Revenue |
(mil) |
103.9730 |
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Income |
(mil) |
0.6120 |
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Assets |
(mil) |
42.3300 |
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Liability |
(mil) |
18.3480 |
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(for the year ended 2006-12-31) |
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Category:
Bankruptcy
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Event:
Pegasus Wireless Corp. filed for Chapter 11 protection on January 28, 2008 with the Bankruptcy Court for the Southern District of Florida (West Palm Beach), case number 08-10924, Judge Paul Hyman, Jr. presiding.
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Intellectual Property:
The Company has applied and been awarded patents, based on the Company's spread spectrum receiver signal processing technology as well as its WIPP, plug-and-play and wireless display technology. Pegasus has also applied for a patent, which is pending, for its new CynaLynx video streaming internet appliance. [SEC Filing 10-KSB 04-03-07]
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Description:
Pegasus Wireless, through its OTC Wireless, Inc. subsidiary, provides wireless communication technologies and products to serve the business, education and industrial application markets.
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Officers:
Jasper Knabb (CEO & Dir.); Stephen Durland (CFO & Dir.); Billy Horn (Dir.)
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Auditor:
Pollard-Kelley Auditing Services, Inc.
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Securities:
Common Stock-Symbol PGSW.OB; OTC BB;
46,908,848 common shares outstanding as of September 30, 2007.
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Notes:
The Company listed $6,000,000 in total assets and $2,913,267 in total debt as of the petition date.
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