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Last $0.0009 USD
Change Today 0.00 / 0.00%
Volume 0.0
SPBU On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 07/23/15 All times are local (Market data is delayed by at least 15 minutes).

spare backup inc (SPBU) Snapshot

Open
$0.0010
Previous Close
$0.0009
Day High
$0.0010
Day Low
$0.0009
52 Week High
08/7/14 - $0.01
52 Week Low
06/16/15 - $0.0009
Market Cap
403.1K
Average Volume 10 Days
809.4K
EPS TTM
$-0.01
Shares Outstanding
447.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SPARE BACKUP INC (SPBU)

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spare backup inc (SPBU) Details

Spare Backup, Inc. operates as a software development and service company for the personal computer (PC) and mobile device industry. The company develops and markets a line of software products primarily for consumers, and business and home business users. Its principal products include Spare Mobile and Spare Backup, an automated remote backup solution designed and developed for mobile devices and small office, or home environment users allowing automatic back ups of various data on selected mobile devices, laptop, and desktop computers. It also offers Spare Switch software that enables users to complete the transfer of personal files from one PC to another via a high speed Internet connection; and Spare Mobile, which provides users with the ability to backup data and content from their smart phone to the Spare cloud without the need to connect the mobile device to a PC via a cable. In addition, it provides Spare Room that allows users to access and manage their backed-up photos, videos, music, and documents; Spare Security Suite for mobile and tablets; and parental controls. The company markets its products through insurance and warranty providers, retailers, original equipment manufacturers, and carriers. Spare Backup, Inc. was founded in 2002 and is headquartered in Minden, Nevada.

5 Employees
Last Reported Date: 05/10/13
Founded in 2002

spare backup inc (SPBU) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

spare backup inc (SPBU) Key Developments

Spare Backup, Inc. Launches ShieldX2Plus

Spare Backup, Inc. announced that it has officially launched its new ShieldX2Plus comprehensive protection plan for most major smartphones and tablets. The full offer is now available direct to consumers via its ShieldX2plus.com. With prices starting at $59.99, users of many of the most popular mobile devices, including iPhones, iPads and Samsung Galaxy 4 will be able to purchase, and easily apply the ShieldX2 to their device making it almost indestructible without the need for a bulky expensive case. In the unlikely event the device is damaged as a result of spills, drops or any other form of damage, it will be replaced for deductibles ranging from only $25 to $50. Each protection plan is backed by an AM Best "A" rated insurance company which handles any claims and fulfillment from start to finish. Spare Backup is currently in discussions with a number of distribution partners to roll out ShieldX2Plus in Europe and North and South America and anticipates receiving initial orders from several partners in the coming weeks.

Spare Backup, Inc. Announces Auditor Changes

On September 26, 2013, Li and Company, PC resigned as the independent registered public accounting firm of Spare Backup, Inc. The reports of Li and company on the consolidated financial statements of the company as of December 31, 2012 and for the year then ended did not contain an adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles other than an explanatory paragraph as to a going concern. On September 30, 2013, the company, upon the Board of Directors approval, engaged Kyle L. Tingle, CPA, LLC as its new independent registered public accounting firm to audit and review the company’s consolidated financial statements effective immediately. During the two most recent years ended December 31, 2012 and 2011, and any subsequent period through the date hereof prior to the engagement of KLT neither the company, nor someone on its behalf, has consulted KLT regarding: either: the application of accounting principles to a specified transaction, either completed or proposed; or the type of audit opinion that might be rendered on the company’s consolidated financial statements, and either a written report was provided to the company or oral advice was provided that the new independent registered public accounting firm concluded was an important factor considered by the company in reaching a decision as to the accounting, auditing or financial reporting issue.

Spare Backup, Inc. announced delayed 10-Q filing

On 08/15/2013, Spare Backup, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

 

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Carbonite Inc $11.05 USD -0.26
Symantec Corp $22.77 USD +0.05
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Industry Analysis

SPBU

Industry Average

Valuation SPBU Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.6x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful
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