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Kuboo Inc (PK:SGTB)

Business Focus: Business Support Services

Sector:  Industrials Industry:  Business Support Services
 
Company Contact
Address: 7740 East Evans Rd.,, Suite A101
SCOTTSDALE AZ 85260
Tel: N/A
Website: N/A
IR: N/A
Key People
B. K. Prasad
Chairman of the Board
Virginia L. Pierpont
President, Chief Executive Officer
Dennis C. Fairchild
Chief Financial Officer, Executive Vice President
Tom Letchford
Vice President, Americas
   
Business Overview
KUBOO, Inc. doing business as Safe Communications, Inc., provides open and secure family communications. The Company's systems are designed to enhance the quality and frequency of day-to-day communications among family members and approved friends. The Company's products are designed for the modern family on the go. KUBOO.COM is a child safe virtual world offering games, edutainment, controlled chat, multiple channels online streaming, all on the same platform. Early detection devices warn parents of potential abuse and inappropriate content, allowing secure, open exchange with loved ones and friends. MouseMail.com (MouseMail) and Kuboo.com (Kuboo) are Web-based services offered by Safe Communications, Inc. that allows parents and/or legal guardians to create and/or activate a protected account, through which children may safely communicate electronically with others.
Financial Overview
For the nine months ended 30 September 2012, Kuboo Inc revenues increased from $0K to $2K. Net loss decreased 45% to $2.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Interest expense - related party decrease of 31% to $15K (expense), Loss on abandonment of property decrease from $2K (expense) to $0K.