March 31, 2008
Prospector
Profile
3-26-001
 
RNS Software, Inc. NAICS 511210
2197 West 2nd Avenue, Suite 103, Vancouver, British Columbia V6K 1H7 Canada Description Software Publisher
(604) 789-2410 Employees 1
http://www.rnssoftware.com/ Revenue (mil) 0.0000
  Income (mil) -0.0500
  Assets (mil) 0.0600
  Liability (mil) 0.0800
  (for the year ended 2007-12-31)
 
Category: Audit Concerns
 
Event: Dale Matheson Carr-Hilton Labonte LLP raised substantial doubt on RNS Software, Inc.'s ability to continue as a going concern after it audited the Company's financial statements for the year ended December 31, 2007. The auditor stated that the Company has not generated revenues since inception, has incurred losses in developing its business, and further losses are anticipated. The Company requires additional funds to meet its obligations and the costs of its operations. The Company posted a net loss of $50,395 for the year ended December 31, 2007, as compared with a net loss of $54,574 in the prior year. At December 31, 2007, the Company's balance sheet showed an accumulated deficit of $135,930 and stockholders' deficit of $20,430.
 
Intellectual Property: Pursuant to a technology purchase agreement dated May 6, 2005, the Company acquired a 100% undivided right in and to the SEOdoctor software package, all rights, title and interest in and to the SEOdoctor domain at www.seodoctor.com, present customer database, and all intellectual property rights related to SEOdoctor products and trademarks. [SEC Filing 10-KSB 03-07-08]
 
Description: RNS Software, Inc., develops and markets a search engine optimization software package named SEOdoctor.
 
Officers: Livio Susin (Pres., Sec., Treas. & Dir.)
 
Auditor: Dale Matheson Carr-Hilton Labonte LLP
 
Securities: Common Stock-Symbol RNSW.OB; OTC BB; 26,085,000 common shares outstanding as of March 1, 2008.
 
 
 
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