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Pink Sheets: Lifespan, Inc. (LSPN) financial news, and detailed stock charts

Lifespan, Inc. (LSPN/LSPN.PK) Penny Stock Summary:

Lifespan, Inc. does not have significant operations. It focuses on introducing a health care program that will deliver enhanced longevity through looking, feeling, and living better. The company also intends to design, develop, license, or distribute health and wellness personal care products and services, which will be marketed under the Lifespan brand through various distribution channels. Previously, it operated as a prescription benefit card and generalized health care services organization. The company was incorporated in 1997 as Eclipse Entertainment Group, Inc. and changed its name to Nations RX, Inc. in 2003. Later, it changed its name to Lifespan, Inc. in 2006. The company is headqu...
Founded in 1997

LIFESPAN INC (LSPN:Pink OTC Markets Inc)

LAST $0.0030 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of 8:10 PM 01/27/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of LIFESPAN INC (LSPN)

OPEN
$0.0030
PREVIOUS CLOSE
$0.0030
DAY HIGH
$0.0030
DAY LOW
$0.0030
52 WEEK HIGH
02/20/09 - $0.05
52 WEEK LOW
01/25/10 - $0.0002
MARKET CAP
349.3K
AVERAGE VOLUME 10 D
276.9K
EPS TTM
--
SHARES OUTSTANDING
116.4M
LSPN Does Not Pay Dividends
P/E TTM
--
K = Thousands  M = Millions  B = Billions

Key developments for LIFESPAN INC (LSPN)

Lifespan Inc. Announces Management Changes

Effective on August 24th, 2009 Lifespan Inc. announced that Ms. Marilyn Harz B.Sc., RN, Ph.D., was appointed Chief Administrative Officer and elected to the Board of Directors. The Company will be negotiating a consulting contract with Ms. Harz. Dr. Harz is currently employed as a Senior Vice President of a major medical provider operating in California. Dr. Harz has extensive experience in the development, implementation, education, and coordination of performance improvement activities, quality management, chart review, and case management. Effective on March 26th, 2009 Mr. Stuart Brame was appointed Chief Information Officer. The Company will be negotiating a consulting contract with Mr. Brame. Mr. Brame was formerly a Director and CEO of the Company. Mr. Brame has extensive experience in the area of corporate development with over 25 years of marketing, corporate development and managerial experience. Mr. Brame has formerly held the position of President and Director of Harvard Scientific Corp. a public biomedical public company involved in the development of many sophisticated and leading edge medical technologies. Mr. Brame was instrumental in establishing development teams, structuring the financing for the purpose of advancing those companies and designing the development model to allow the companies to achieve future growth. Effective August 10th, 2008, Dr. Albert Cook resigned his position as a member of the Board of Directors.

Lifespan Licenses ScreenPhone Manufacturing Rights to Cytta Corp

Lifespan Inc. has licensed Cytta Corp. the exclusive right to utilize Lifespan's 'ScreenPhone' technology to develop, manufacture and market telephone/internet access devices for the US. For these rights, Lifespan will receive six million shares of Cytta, a royalty of 0.5% of Net Revenue and a cross obligation to purchase units at wholesale cost from 2010 on. This transaction ensures that the ScreenPhone technology is developed, manufactured and brought to market in the most expeditious manner. It allows Lifespan to concentrate on the numerous and intricate developmental issues involved in completing the Medical ScreenPhone model, and the diverse elements involved in integrating and redesigning the medical peripherals. The Medical ScreenPhone can be utilized to significantly improve the efficiency of a portion of the US medical electronic data transfer (EDT) and electronic medical record (EMR) market.

Cytta Corp. Enters into Licensing Agreement with Lifespan, Inc.

On June 18, 2009, Cytta Corp. entered into a licensing agreement with Lifespan, Inc. Lifespan has acquired the exclusive license, for a period of ten years unless earlier terminated under the agreement, to manufacture, distribute and market various technologies based internet access and computing products and services. Under the terms of the agreement, Lifespan granted the company the exclusive license to manufacture, sell, distribute, operate, sub-license and market these products and services in the United States. This license grants the company the right to use the trademarked names of 'ScreenPhone,' 'TaskStation,' 'WebTel,' of 'Lifespan.' In exchange for the license, Lifespan will receive 6,000,000 shares of the companys common stock, plus a license fee equal to 0.5% of the net revenue derived from the sale and use of the products and services.

Lifespan, Inc. financial resources

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Industry Analysis

Valuation LSPN Industry Range
Price/Earnings 0.3x
Price/Sales -- Not Meaningful
Price/Book 0.1x
Price/Cash Flow 0.3x
TEV/Sales -- Not Meaningful

LSPN

LSPN transactions

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Date
Target
No transactions in the last 6 months.

Pink Sheets: More Recent Financial News About Lifespan, Inc.

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