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Current Operations
FUSA has extremely limited current operations. We have one full-time employee, President and Chief Executive Officer Jenifer Osterwalder. We have no current customers, no current sales capability and very limited business development capability. Although we intend to develop proprietary search engine technology for audio and video, we do not have a technical development staff or agreements with any information technology service providers regarding our continuing product development.
Our incomplete search engine solution consists primarily of the design requirements, specifications, vendor relationships and know-how of Chief Executive Jenifer Osterwalder, together with an evaluation copy of a partially completed prototype of the search engine. A third party vendor designed this evaluation copy, and, although FUSA believes it can obtain rights to the underlying technology, it does not have such rights currently and there can be no assurance it will obtain the rights. . If we cannot obtain rights to this technology, we believe it will be difficult for us to obtain a comparable solution from other vendors and our final product, if produced, might be less technologically advanced and less effective than the product we are currently contemplating.