YouTube Features Demo as Initial Demonstration Garners Strong Praise, Enthusiasm and Support
AUSTIN, Texas , Jan. 18, 2012 /PRNewswire/ – eDoorways International Corporation (pk: EDWY.PK - News) announced today that the Company received a strong initial response to its recently licensed Snap Trends technology.
“Over 400 people have viewed our demonstration in the past 48 hours and have provided an immense amount of positive feedback,” stated Gary Kimmons, CEO of eDoorways, “The video, which was produced by Brandon Burris of Paddington Media, is quite compelling. The power of the technology and its far-reaching implications often surprise people. The fact that YouTube decided to feature the video is an indication of the dramatic impact the video and Snap Trends technology can have.”
Snap Trends technology is poised to replace traditional marketing efforts by bringing contextual, hyper-targeted results through interactions with social media platforms. The new software allows for real-time interaction with an unlimited amount of individuals in any location, easing the ability of marketing an event or promoting a sale.
Marketing professionals and experts have been raving about all that Snap Trends has to offer. “Instead of business owners’ trying to be everywhere, Snap Trends takes you to where your customers are at the exact moment they’re hungry to buy,” stated Bill Hibbler, Online marketing consultant and top-selling author. “Instead of drowning in data, we’ll be able to filter out the noise and focus on our target market. With SO many applications beyond just marketing, I predict Snap Trends will be the killer app of 2012.”
“In today’s increasingly competitive marketplace, social network marketing is essential for all business types,” stated Todd Avenarius, Marketing and Business Development professional. “However, it is getting to be a very crowded space, making it ever more challenging to reach your target audience. To meet that challenge, utilizing ‘geomarketing’ is what will separate you from your competition. It’s apparent to me, that Snap Trends is on the advent of being the most innovative leader when it comes to GeoMarketing.”
“The initial response has been strong. Many individuals have reported that they could not attend our initial demonstration and are asking for another opportunity. Therefore, we will continue to make the link available for the near-term. Please visit http://www.youtube.com/watch?v=CSaSgDO2e8M&feature=youtu.be to participate. We ask all interested parties to send us feedback about their experience to support@edoorways.com,” concluded Kimmons.
For more information on eDoorways International Corporation and/or the “eDoorways 2.0 platform,” please visit our website at www.eDoorways.com or e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President
(561) 210-5675 Jeffrey@HeritageCorporateServices.com
YouTube Features Demo as Initial Demonstration Garners Strong Praise, Enthusiasm and Support
AUSTIN, Texas , Jan. 13, 2012 /PRNewswire/ – eDoorways International Corporation (pk: EDWY.PK - News) announced today that the Company received a strong initial response to its recently licensed Snap Trends technology.
“Approximately 250 people viewed the demonstration in the past 24 hours,” said Gary Kimmons, CEO of eDoorways, “The video, which was produced by Brandon Burris of Paddington Media, is quite compelling. The power of the technology and its far-reaching implications often surprise people. The fact that YouTube decided to feature the video is an indication of the dramatic impact the video and Snap Trends technology can have.”
Snap Trends technology is poised to replace traditional marketing efforts by bringing contextual, hyper-targeted results through interactions with social media platforms. The new software allows for real-time interaction with an unlimited amount of individuals in any location, easing the ability of marketing an event or promoting a sale.
“One of the comments we are hearing from viewers is that they can’t wait to use the technology for their business marketing,” continued Kimmons. “With Snap Trends a business can identify targeted prospects, note exactly what they are saying, and determine where they are and how to reach them, all in real time. This is a capability every business wishes it had.”
“The initial response has been strong. Many are reporting they could not attend and are asking to view the demonstration. Therefore, we will continue to make the link available for the near-term. Please visit http://www.youtube.com/watch?v=CSaSgDO2e8M&feature=youtu.be to participate. We ask all interested parties to send us feedback about their experience to support@edoorways.com,” concluded Kimmons.
For more information on eDoorways International Corporation and/or the “eDoorways 2.0 platform,” please visit our website at www.eDoorways.com or e-mail a package request toJeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact: Heritage Corporate Services, Inc.
Jeffrey Staller, President
(561) 210-5675 Jeffrey@HeritageCorporateServices.com
A 10 Minute Demo of Snap Trends is Available for Viewing Right Now!
The “sneak peek” of Snap Trends started at 2:00 p.m. Central time. At that time a 10-minute video demonstration was made available at the following link: http://www.youtube.com/watch?v=CSaSgDO2e8M&feature=youtu.be. Those interested in viewing the demonstration must do so during the two-hour time period that has been allotted.
You are invited to comment about Snap Trends at “support@edoorways.com.”
Sohail Quraeshi, a brilliant strategist and international market development consultant is Designated to Spearhead Overseas Marketing Effort
AUSTIN, Texas , Jan. 12, 2012 /PRNewswire/ – eDoorways International Corporation (pk: EDWY.PK - News) announced today that the Company has received strong initial interest in its recently licensed Snap Trends technology.
“Mr. Sohail Quraeshi, Senior Advisor and Chief Strategist to our Global Marketing Advisory Board, has been asked to represent our marketing interests in selected countries in Africa, Asia, and Europe.” stated Gary Kimmons , CEO of eDoorways International Corporation. “Mr. Quraeshi has been coordinating our demonstration of the Snap Trends technology with key representatives around the world which has resulted in positive feedback. Mr. Quraeshi is in the process of defining business verticals and marketing strategies for management to implement in the coming weeks.
Snap Trends technology is poised to replace traditional marketing efforts by bringing contextual, hyper-targeted results through interactions with social media platforms. The new software allows for real-time interaction with an unlimited amount of individuals in any location, easing the ability of marketing an event or promoting a sale.
“This is an exciting time as we see emerging technologies like Snap Trends take us into the next generation of sales and marketing,” stated Sohail Quraeshi. “I believe eDoorways and its technology partner, Paddington Media, are leading us into a new world of potential and possibilities. This is what our associates around the world are seeing and we could not be in a better situation for realizing the benefit of being a frontrunner as the new era of marketing emerges.”
“We would like to remind everyone to participate in our final Snap Trend demonstration, scheduled for today, Thursday, January 12th , at 2:00 p.m. central time. Please visit http://www.youtube.com/watch?v=CSaSgDO2e8M&feature=youtu.be between 2 and 4 PM central to participate. We ask all interested parties to send us any feedback about their experience to support@edoorways.com,” concluded Kimmons.
For more information on eDoorways International Corporation and/or the “eDoorways 2.0 platform,” please visit our website at www.eDoorways.com or e-mail a package request toJeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President
(561) 210-5675 Jeffrey@HeritageCorporateServices.com
There will be a one-time opportunity to view the recently announced Snap Trends technology.
The “sneak peek” of Snap Trends is scheduled for Thursday, January 12th, starting at 2:00 p.m. Central time. At that time a 10-minute video demonstration will be available at the following link: http://www.youtube.com/watch?v=CSaSgDO2e8M&feature=youtu.be. Those interested in viewing the demonstration must do so during the two-hour time period that has been allotted.
You are invited to comment about Snap Trends at “support@edoorways.com.”
Snap Trends is a technology that is part of a larger technical field called Contextual Performance Support. In this post we offer additional information about Contextual Performance Support (CPS), key terms used by its practitioners and its future role in the Internet and web services. We also explain its role in the eDoorways platform.
CPS Terminology
Contextual performance support - is the process of offering help or assistance to others that is in direct correlation to their need, within the context of the moment. CPS can be driven by human actions or it can be provided through various software and hardware technologies.
Intelligent performance support – refers to CPS that incorporates “intelligent”, or thinking, capabilities. The thought required may be provided by humans or, increasingly, by software designed to make inferences and interpretations of what it “sees”, “hears” and experiences.
The semantic web (i.e., Web 3.0) – will, when achieved, provide a common framework that allows data to be shared and reused across applications, enterprise, and community boundaries.
Ubiquitous Internet – refers to today’s Internet, which is accessible from almost anywhere. Web users and consumers are constantly enveloped in a digital environment – a personal digital bubble that is all-pervasive, or ubiquitous.
Mobilemediary – a term coined by Kenny and Marshall in Harvard Business Review (2001) to describe a new kind of intermediary role that is emerging with the ubiquitous Internet. Mobilemediaries break into the value chain at any point, bringing information and transaction capabilities to customers whenever and wherever they are ready to buy a product or avail themselves of a service.
Personalized Service – The Real Business of the Internet
Performance support is a term that goes back many years. It has been used by human factors engineers and scientists to describe the field of assisting people as they attempt to perform a task or process. In recent years as the Internet emerged it has expanded to include the process of helping individuals through web-based services and technologies.
Contextualperformance support is also a term that has been in use for some time. As described above, it refers to assisting others in their exact moment of need. With the advent of the ubiquitous Internet and the forthcoming semantic web CPS is becoming a powerful new concept and is emerging as a tool with far-reaching potential and implications. In the future it will be associated with virtually everything you see and experience on the web. In short, it will make the web experience much more “personal.”
Acknowledging this, the real business of the ubiquitous Internet and the ultimate objective of the eDoorways brand is personalized service. That is, giving people what they want and need in a form that best serves their interests. The concept of personalized service and CPS have many things in common. CPS can play a significant role in making web-based personalized service a near-term possibility.
Mobilemediaries and Personalized Service
With the ubiquitous Internet have come a proliferation of retailer kiosks, Internet-enabled point-of-sale terminals, and mobile devices that are being used to digitally recognize loyal customers. Driven by retailers a new kind of intermediary role is emerging – one that Kenny and Marshall call the mobilemediary.
As they state, “the mobilemediary will be able to break into the value chain at any point, bringing information and transaction capabilities to customers whenever and wherever they’re ready to buy a product or avail themselves of a service. Mobilemediaries might serve up your spouse’s wish list when you’re in the mall shopping for a birthday present. They might enable you to trade stocks when the market is plunging and your commuter train is stalled. When you’re with your family at a theme park, they might let you know that it’s your turn to ride the roller coaster. But whatever form these intermediaries take, they’ll be less about content and more about context.”
It is important that eDoorways’ platform supports mobilemediaries as they become a predominant form of personalized service.
CPS Uses
With today’s Internet there are innumerable potential applications for CPS. In general, it can be used for:
Business support -
Situation support – assisting businesses with their daily activities, including workflow and process control management and situational assessment.
Contextual marketing – the process of proactively acting in the context of a moment to deliver the right offer to customers at the precise time they are most likely to realize its value. Instead of trying to create destinations on the web that people come to, contextual marketers use the power and reach of the Internet to deliver tailored messages and information to customers at the point of need.
Contextual advertising – a form of targeted advertising in which the content of the ad is in direct correlation to the context or current experience of the user. In the past contextual advertising has been driven by the keywords of the user’s query. Increasingly it is being linked to the actual behavior of the user.
Personal lifestyle support -
Situation support – assisting people with their daily activities by giving them access to a “personal assistant” (personal information, guidance and support) that can help them any time, any place, anywhere.
Lifestyle enhancement - bringing additional information and resources to people that they may not have known about. CPS can bring additional quality and depth to our life experience by giving us more opportunities and enhancing our ability to accomplish our lifestyle objectives.
How Snap Trends Fits In
We envision eDoorways as an emerging platform with an aim to providing personalized service in various forms, whether it’s to assist people with their lifestyles or to help companies conduct their business in a more personal context. To accomplish this we must leverage new CPS technologies such as Snap Trends.
To provide a service with contextual performance support there must be a way to obtain real-time situational information regarding the user. This is where Snap Trends comes in because it can provide real-time, contextual information about virtually anything being discussed on the web. With Snap Trends we know what is being said, who is saying it, where they are located, and how to reach them. Those are extremely valuable pieces of information that can be used to formulate an appropriate, contextually relevant form of assistance.
It’s our immediate objective to build the software that will take the information Snap Trends supplies and formulate the desired action based on the objectives of our clients. In other words, once we know a user’s specific situation we must offer our clients a way for them to reach out to the person they are targeting in the most powerful and effective way. This means that we must develop software that does much more than send a message to a consumer or user. It must also provide a means for taking action, whether it’s to close a sale or for the two parties to simply share information.
PowerChannels and PowerKeys
Our users will continue to need a “home base” that they can operate out of to accomplish their objectives. eDoorways will continue to improve our PowerChannel and PowerKey technologies and services to meet our users’ needs. In addition we will integrate CPS technology into our PowerChannel functionality to add a new dimension to their functionality and capability. With CPS we believe we can drive additional traffic to our PowerChannels. We can also provide our PowerChannel owners with an unprecedented new tool they can use to build their businesses and to accomplish their objectives.
Pre-Release Version of Technology to be Available for Public Viewing Later This Week
AUSTIN, Texas–(PRNewswire) — eDoorways International Corporation (pk: EDWY) announced today that the Company will make a pre-release version of the recently licensed Snap Trend technology available to the public for a one-time viewing on Thursday, January 12th, 2012. The Company is making this offer following successful demonstrations with industry leaders.
“We are making this software available for public viewing so others can share our perspective of its potential power and applicability,” stated Gary Kimmons, CEO of eDoorways International Corporation. “This will be a one-time opportunity for anyone wishing to see Snap Trend in action; there will not be a second showing.”
The “sneak peak” of Snap Trend is scheduled for Thursday, January 12th, at 2:00 p.m. Central time. At that time a 10-minute video demonstration will be available at the following link: http://www.youtube.com/watch?v=CSaSgDO2e8M&feature=youtu.be. Those interested in viewing the demonstration must do so during the two-hour time period that has been allotted.
Snap Trend technology is poised to replace traditional marketing efforts by bringing contextual, hyper targeted results through interactions with social media platforms. The new software allows for real-time interaction with an unlimited amount of individuals in any location, easing the ability of marketing an event or promoting a sale.
Please visit our corporate blog for upcoming information as we urge all those interested to participate in our demonstration into next generation of marketing,” concluded Kimmons.
For more information on eDoorways International Corporation and/or the “eDoorways 2.0 platform,” please visit our website at www.eDoorways.com or e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
It is our goal to create a place where people will come to accomplish their lifestyle objectives and engage in commerce. To do this we must make improvements to our existing site and our services. Our PowerKeys and PowerChannels offer extensive capabilities for our users. It is clear that they are going to play an important role in our future service offering. We are working to improve their design and our user interface to make it easier for to people to use them.
Now we have to get the word out. How can we increase the traffic coming to our site, lengthen the time people spend with us, and encourage our users to build new PowerChannels? One answer is to offer a new service that adds significant value to our users’ experience that they cannot find anywhere else. We believe that a newly emerging field of service called “contextual performance support” (CPS) is the answer. Contextual performance support refers to an ability to give people the help they need at the exact moment (i.e., within the context) they need it, and in a form that is appropriate. The real-time help provided could be for virtually anything.
eDoorways believes that it can become a leader in what may become the largest market sector lending itself to this form of service – retail sales. CPS could be the technology that delivers the “holy grail” of retail sales and marketing – identifying customers with an immediate desire to purchase and bringing them a viable sales solution instantly. Harvard Business Review refers to this form of selling as “contextual marketing” and has stated that it is the future of sales.
So what does this mean in the near-term for eDoorways? We recently announced we have licensed the Snap Trend technology. Snap Trend is a powerful tool that could change the way people engage in business and live their lives. Snap Trend can serve as the “engine” for a CPS service by identifying who the customers are, what their need is at the moment, and where they are located. This functionality is called “contextual data mining.”
An additional piece will be required to make this vision a reality. It is a new form of social networking, or “micro-blogging”, that would be superior to micro-blogging services like Twitter because it will allow actions to be taken in association with a specific transmission. That action could be something like the completion of a sales purchase or a live demonstration of an item to be purchased. It is not currently possible to do this while Tweeting.
The new “front end” of our platform will be built to include these capabilities. When successful we will have established a powerful new service that anyone will be able use to make a sale for their business or make the best consumer purchase.
Financiers, Investors, and Wall Street Guru’s Rave about the New Technology
AUSTIN, Texas–(PRNewswire) — eDoorways International Corporation (pk: EDWY) announced today that the Company has received ecstatic feedback about the recently licensed Snap Trend technology following successful demonstrations to industry leaders. “While we expected some enthusiasm around our new technology, we never anticipated a global acceptance and praise by some of the heaviest hitters in the financial industry,” stated Gary Kimmons, CEO of eDoorways International Corporation. “Our demonstration included representatives from Unicorpe International representing the Alamoudi family from Saudi Arabia, the Department of Homeland Security, the Department of Transportation, Fortune 100 CEO’s, and our Special Advisor, Charles Gregoire de Rothschild Chairman of GDR Privee.”
Snap Trend technology is poised to replace traditional marketing efforts by bringing contextual, hyper targeted results through interactions with social media platforms. The new software allows for real-time interaction with an unlimited amount of individuals in any location, easing the ability of marketing an event or promoting a sale.
“We continue to stand firmly behind eDoorways as a Company and this new technology only solidifies our position,” stated Charles Gregoire de Rothschild. “The power behind this software is simply incredible, whether it is for monitoring public safety, promoting an event, or interacting with the community, we’re confident of the upcoming success of this platform. We will continue to work hand-in-hand with eDoorways and the Company management to get this technology in front of the right individuals,” added Mr. de Rothschild.
“Due to the overwhelming success of prior demonstrations, we will be setting up additional Snap Trend viewings for public and governmental participation. Please visit our corporate blog for upcoming dates and times as we urge all those interested to participate in the next generation of marketing,” concluded Kimmons.
For more information on eDoorways International Corporation and/or the “eDoorways 2.0 platform,” please visit our website at www.eDoorways.com or e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
If you are wondering what Snap Trend is, and why it’s important to us at this time, perhaps this will help! Snap Trend is a technology that is constantly monitoring Google Maps, Twitter, YouTube and FaceBook to see what people are saying. Using Snap Trend, a person, organization or company can inquire to see what is being said about any topic they might desire to search – it could be a new product, a person, a company or virtually any topic that people are talking about. Even more important, Snap Trend can tell you exactly who is talking about the selected topic as well as exactly where they are located. With Snap Trend you can select the specific geographic area you want to monitor, no matter how large or small!
This leads to interesting possibilities for activities such as social networking and retail sales. Suppose you are a retail store in a shopping mall and you are interested in what shoppers are saying about your store and your products in the mall area and in the parking lot. Snap Trend can provide an immediate picture. Then, using that information, the store can elect to reach out to the potential customers they are tracking to make them a special offer or to entice them to come back to the store. Or, let’s say that you are in law enforcement and you are monitoring activities in the community. With Snap Trend, it’s possible to detect when there is an emerging problem so that immediate action can be taken. As a third example, suppose you are a college student interested in knowing what is being said about you or someone else on the Internet. Snap Trend can provide the answer.
Why is Snap Trend important to eDoorways? First, Snap Trend is global – it can be used anywhere in the world to track web activity in areas as small as 1km or as large as a country. It readily lends itself to a platform like eDoorways that aspires to be a global service offering. Even more important, it has the potential to drive a great deal of traffic to our site and to create “stickiness”, meaning that people will remain engaged with our website for a longer period of time.
These attributes lead us to believe that it may prove to be a valuable tool for driving traffic to our PowerChannels and keeping them engaged. It may also be a powerful resource for PowerChannel owners wishing to reach out to their market or to engage others with shared interests and priorities.
We hope this short explanation has been helpful in clarifying why we are excited about Snap Trend. In an upcoming post we will share information about other aspects of the new social networking, micro blogging and contextual marketing services we will be providing.
NOTE: The Company will be providing a live demonstration of the new technology today, 12/29/2011 at 2:00 PM CST. For interested parties who wish to participate in the demonstration, please dial (712) 432-3066 and enter passcode 131871.
eDOORWAYS’ anticipated service offering stands unique when compared to other social networks that rely solely on huge traffic and the sale of advertising space to generate revenue. eDOORWAYS will serve as both a social network as well as a “town square” eCommerce business platform to provide a unique mix of service offerings and revenue streams. Here are several of the first anticipated sources of revenue:
Preferential placement fees - Consumers will come to eDOORWAYS with a problem or need, like getting a faulty hot water heater repaired. Businesses will pay eDOORWAYS for the right to reserve key words specific to their location, types of service(s) they offer, product models, etc. Example: You repair hot water heaters, so you pay a fee to eDOORWAYS for the following words: Rheem, Model 2950, service, repair, area code 78701, Austin. This entitles you to be the first in line to extend a real-time “handshake” to a consumer in the 78701 area code in Austin with the same type of problem or need. eDOORWAYS has delivered you a “gold nugget” prospect who is ready to purchase your service on the spot; you are therefore willing to pay a premium for this privilege. For an average small business, the total fee could run from $50 to $200 a month on average based on how many key words the business may want to reserve. This is somewhat like the Google revenue model where advertisers pay for preferred placement of their company or product, but this is much more valuable because the consumer has demonstrated an immediate need to act (i.e., a pre-qualified buyer) and is being connected on a real-time basis directly to the solution – a specific business who can meet the consumer’s need.
Prepaid services/subscriptions – Businesses with eDOORWAYS storefronts will pay eDOORWAYS to subscribe to value-added services such as targeted marketing capabilities, text message alerts, real-time business activity reports by geographical location, back office accounting support, CRM support, and so on. This will empower small businesses by giving them the same “reach” and horsepower as much larger companies with sophisticated marketing, customer relationship management, and accounting capabilities.
Advertising revenue – Businesses will pay eDOORWAYS for advertising space based on a cost per thousand views (CPM). This is the “standard” revenue stream for existing social networks such as Facebook and MySpace.
Private label lease of the service - Large corporations, trade groups, professional associations, and others will pay eDOORWAYS for a “custom” version of the service that is tailored to their own customer service website. The service will carry their brand with the eDOORWAYS brand shown discretely on the screen as well (such as “Powered by Intel”). For example, Sony Corporation leases eDOORWAYS’ service for its consumers. You buy a radio that breaks 3 months later. You go on Sony’s website and you’re directed to their customer service component that features eDOORWAYS technology. You type in your problem and immediately, 4 stores in the vicinity pop up on the left side of the screen, each asking if they can assist you with your problem. Meanwhile, Sony’s corporate representative pops up at the top of the screen, watching what’s going on to make sure the ball does not get dropped by their local representatives. On the right side of the screen, both local and global “experts” stand ready to lend you a hand as they watch what Sony’s doing. They share their experience and opinions about the best strategy for you to get your problem solved. The experts may be existing customers of Sony, other Sony sources who know about the radio you’ve bought, the Sony distributor, etc. Each expert will be rated by eDOORWAYS consumers regarding their credibility and professionalism. Sony and others may lease the system from eDOORWAYS and we will operate it for them.
Just-in-time training and education revenues - eDOORWAYS will offer consumers the ability to learn unique skills and knowledge offered by businesses and other entities via distance learning technology. eDOORWAYS Corporation has one of the most sophisticated training delivery capabilities ever developed – it’s called Smart One. Businesses will pay the Company to use Smart One to deliver their product and service training. As an example, you need to put a new roof on your house because you live in Houston, where hurricane Ike recently paid a visit. Home Depot wants to sell you the materials and is willing to teach you how to put the new roof on using eDOORWAYS’ Smart One technology as a distance learning delivery mechanism. Home Depot will pay the Company for the use of the technology and delivery of the course to you at your home.
Transaction fees (the eCommerce platform) - Ultimately, when eDOORWAYS has sufficient traffic on the site, the Company will begin charging a percentage of each transaction consummated. So, using the previous example, if you buy a new hot water heater from a store, and the store got your business through eDOORWAYS, the store will pay eDOORWAYS 1% or 2% of the gross transaction.
The eDOORWAYS revenue plan calls for these to be our initial sources of revenue. There are numerous others (including revenues from our verticals) that can be described as we continue. As you can see, these are real ways to make money linked to real commerce, generated by putting buyers and sellers together to meet both of their needs in a unique new way. At it’s core, the eDOORWAYS business model enables the purest form of capitalism – putting together someone who wants to buy with someone who has a service to sell.
eDOORWAYS Corporation is conservatively projecting net income of <$1.63M>, <$540K>, and <$289K> in the first three quarters of 2009 with net income of $432K in the fourth quarter of the year followed by net income of $1.21M in the first quarter of 2010.
Profit is projected to be $477K, $995K, $1.37M, and $1.88M in the four quarters of 2009 followed by profit of $2.54M in the first quarter of 2010.
Expenses are projected as $1.95M, $1.55M, $1.41M, and $1.37M for the four quarters of 2009 followed by $1.33M in the first quarter of 2010.
These numbers do not include anticipated revenues from possible vertical markets that management is investigating such as entertainment and education. They are forward looking projections made by management that may vary considerably based on market and business conditions at the time of launch of the eDOORWAYS service offering.
America is going through fundamental changes that will affect all of us in 2009. Fundamental structural change can be disconcerting because the events associated with it are often experienced as “random” and “uncertain.” Much of this is a matter of perspective.
In the past few months, an upside for eDOORWAYS has been that we have been able to sharpen our perspective. It’s our perception that the changes we’re experiencing do bring challenges, but there are also significant opportunities. Examples of opportunities that are now presenting themselves are in the areas of learning technology and charitable services. More will be said about these opportunities in forthcoming announcements.
As these and other opportunities have presented themselves, it’s become apparent that there are fundamental strengths associated with the design of the eDOORWAYS brand that match well with the anticipated “new economy.” The eDOORWAYS brand has always been about helping people find real solutions to their everyday problems using a “town square” platform to connect actual buyers with qualified sellers and service providers. But it turns out that there is much more our brand and business model have to offer in our changing world.
The people who are coming to eDOORWAYS with ideas for vertical service offerings share common attributes. All of their ideas reflect what’s going on in America right now. The common words we hear are “responsibility”, “innovation” and “change.” Each of these carries with it the connotation of action being applied, of making something happen. In short, Americans know that the old game is over, and now we need to do things that are going to make a difference, both for ourselves as well as others.
And therein lies our strategic advantage. It’s now clear that when people come to eDOORWAYS, they do so with the intention of “making something happen.” They may be trying to solve a bothersome personal problem, teach themselves something they need to learn, or they may want to help someone else who is in dire need of assistance. Irrespective of their objective, using eDOORWAYS they will be able to bring effective action to achieve the most desirable result.
Acknowledging this as our core strength, and with the proposition that new and even greater opportunities are sure to emerge, we are approaching our creation of the eDOORWAYS service offering and brand with a heightened appreciation for both flexibility and extensibility. The design we create must allow for robust organic growth that accommodates multiple vertical service offerings.
So it turns out that eDOORWAYS has more than one door! This proposition has interesting implications. Many of those contacting us have observed that people often have problems finding relevant information on the web. While today’s search engines are great, they have their limitations. If you’re delving into subject matter with which you’re unfamiliar, you may be missing a great deal. If you don’t know what questions to ask, the answers you’re going to receive are going to be limited. Wouldn’t it be great if there were a way to pull all of the pieces together? As eDOORWAYS evolves and its doors open we will explore this possibility.
For now, we have our first door to launch; we’re bringing our full attention to this objective. But think of the possibilities!
eDOORWAYS has been experiencing amazing enhancements over the last few weeks. It seems that the word is getting out about what we have and our potential to accomplish it. Some incredibly bright people are taking a look at our website and have concluded that they want to get involved. This occurs at a time when good news, elsewhere in the business world, is hard to come by.
Recently, Management has been meeting with parties interested in and excited about adding their unique capabilities and vision to eDOORWAYS. These potential eDOORWAYS team members are going to bring a lot to our table in the form of new and exciting vertical service offerings. More amazing, still, is how the eDOORWAYS universe is revealing its cohesiveness, even as it continues to grow and morph. What’s clear is that eDOORWAYS is truly emerging as a Broadband platform whose unique set of “doors” are geared to empower those who enter.
Right now, there are six doors that have established themselves as contenders. Here is a sneak peek into each one:
SOLVE: This is the door that will be launched first. It is the original conception of the eDOORWAYS service offering and is scheduled for launch in early 2009. It will be a real-time problem solving venue and e-commerce platform resembling a “town square”. Pre-qualified “gold nugget” prospects will be connected directly to businesses that have the exact solution to their problem or need.
Doorway 2: Bringing the learning experience to a higher level of intention and mastery. This door will offer an opportunity for anyone wishing to create a training experience for others or to further their own education to achieve their objective. It will offer a feature new to learning – the ability to tap into the skill and knowledge of others in a real-time venue to create a learning experience.
Doorway 3: Bringing Technology, Tolerance, and Talent together to create new ideas, products, and possibilities. Imagine being able to go to a special place where you can air your creative thinking, run it by others of a similar mind, and turn it into a tangible, productive project using the unlimited human and information resources of the web.
Doorway 4: Connecting those who want to help with those who need it. This extraordinary door will give those who wish to serve others the opportunity to bring tremendous focus and impact to their charitable action. Make your action known to those who care so that they may assist you in bringing your unique capabilities to a world in need.
Doorway 5: The factual backbone element for all other doorways; no “truths” or opinions – only unfiltered facts. Have you ever wished you could hear what is going on in the world without having to filter out the opinion of its presenter? This door will cater to those who wish to draw their own conclusions.
Doorway 6: Combine AI-driven, personalized and intuitive guidance (think: the ancient Oracle at Delphi) with a “trans-dimensional gateway” (imagine a 4D revolving door!) – that can whisk you from anywhere in Broadband Space to the eDOORWAYS universe, in the blink of an eye – and you begin to get an idea of how powerful this special doorway is! Look for more about this remarkable Sixth Door, in coming News Releases…
Each door will bring with it new ways to derive revenue through technology licensing, advertising, and other avenues in markets such as education, news broadcasting, Internet search services, and others. The five new doors will be released sequentially as they are completed. Our goal is to launch as many doors as possible in 2009. In addition, the company anticipates that other doors may emerge as the brand establishes itself in the marketplace. We will share more about each in future press/blog releases.
We encourage our shareholders to present their ideas to management regarding the nature and design of each “doorway.” Ideas that have merit will be rewarded! Winners will receive one year of free eDOORWAYS service.
eDOORWAYS Corporation has started the new year off with positive action. On Monday, February 9, 2009 the company filed its second and third quarter filings for 2008 with the SEC. With this action, the company is now “current” with its filings. This has been a key objective of the company for several months.
While this may not seem like a significant event, the action can have important consequences. Public companies have the option of filing quarterly and annual reports with the SEC. Many opt not to make the filings, which are time consuming and quite costly. Often, companies simply do not have the resources to comply with the reporting requirements. However, there are significant benefits that come with making the extra effort to achieve compliance.
First of all, companies that are current with their SEC filings may be eligible to have their stock traded on the OTC Bulletin Board. Bulletin Board companies enjoy enhanced trading status and are generally regarded as being farther along in their development. Also there are a greater variety of funding alternatives associated with this privilege. Many funding sources require audited financials and Bulletin Board status before they will make investment money available.
With this in mind, eDOORWAYS plans to return to the Bulletin Board as soon as it may do so. We are taking steps in this regard now. Certainly, these are tough times. But this will change and we want to be ready. We will continue to take the steps that build a strong foundation for the company.
eDOORWAYS’ financial strategy is to leverage it’s public status to secure sufficient capital for a successful launch. The first step in the process occurred in 2006 with an agreement for N.I.R. Group, LLC to provide an initial equity capital infusion into the company. During 2006 and 2007, N.I.R. made approximately $2.4 million available to eDOORWAYS Corporation. The company used a significant portion of this money to engage speakTECH, an award-winning Microsoft development partner, to create an initial version of the first (“Solve”) doorway of the company’s Internet service offering.
As we move forward, additional capital will be required until the company can fund its operations internally. It is important for us to maintain a position of flexibility in terms of the next-stage capital partner we may select as well as the terms and conditions they may offer.
Second-stage funding sources look closely at the terms and conditions that were established by the first-stage funder. Sometimes there are contractual terms that can limit a second-stage funder’s ability to step in and provide capital. It is important for the company to place itself in a position that gives it the maximum possible flexibility for next-stage capitalization. At the same time, it is necessary for N.I.R. to protect its investment interest.
Pursuant to this goal, the company, with the assistance of Envision Capital, LLC, conferred with N.I.R. to determine the best possible avenue for going forward. Eric Noveshen, managing director of Envision Capital, served as the lead consultant as we engaged in restructuring discussions with N.I.R. during the fourth quarter of 2008.
Hard work and persistence have paid off for all of the parties. At the end of December, eDOORWAYS Corporation and N.I.R. Group signed a restructuring agreement that lays the ground work for eDOORWAYS to obtain the best financing terms available from secondary sources and for N.I.R. to obtain a greater potential return on its investment.
The move is already paying off for the company – we have several viable next-stage funding alternatives that we are considering at a time when many startup companies have either limited or no option for getting capital.
On Tuesday, March 24th, 2009 at 11:00 a.m. EST eDOORWAYS Corporation will conduct its first shareholder conference call of the new year. Gary Kimmons, CEO, will speak during the call. It’s his intention to provide an update of eDOORWAYS’ recent activities and accomplishments as well as the company’s near-term plans. At the end of the call, Gary will answer your questions.
Our objective is for us to share as much as possible with you. We believe that it’s in your best interest as a shareholder as well as the best interest of the company for the message about our unique service offering and the opportunity our brand is experiencing in the marketplace to be heard loud and clear!
Please check back on Monday, March 23rd for the dial-in number.
NOTE: THE CONFERENCE CALL WITH GARY KIMMONS WAS HELD ON TUESDAY, MARCH 24TH AT 11:00 a.m. EST. IF YOU MISSED THE CALL AND WOULD LIKE TO LISTEN TO THE PRESENTATION, THE CONFERENCE CALL IS NOW LINKED ON THE MEDIA PAGE OF THE EDOORWAYS CORPORATE SITE: www.edoorways.com/media.htm
eDOORWAYS now trades as EDWY.OB. The OTC Compliance Unit approved the company for trading on the OTC Bulletin Board on Monday, March 30th. However, our stock may continue to trade on the PinkSheets for a short time during the transition. This dual listing is very important to understand as it can cause confusion.
If you are looking at an OTCBB version of Level 2 or if the quotes made available by your financial site stream from Bulletin Board information, there will only be one Market Maker shown for thirty (30) days. This Market Maker is our sponsor, World Trade Financial Corporation (WORL). Additionally, there is a possibility that no Bid or Ask will be posted at financial sites for this short time period.
If by chance there is only one Market Maker on your Level 2 screen, this may be caused by a default setting provided by the financial service you are using. It is suggested that you contact your Level 2 service provider and request the setting whereby you can continue viewing Level 2 from the PinkSheets. After 30 days, this will no longer apply.
Overall, moving back to the OTCBB is a very positive development for eDOORWAYS Corporation. For more information about the implications of this move, please refer to the first shareholder conference call. (www.edoorways.com/audio/edoorways_shareholder_call_032409.mp3)
eDOORWAYS’ management thought you might be interested in the following press release issued by USEquityNews.com. Here is the release:
–(www.USEquityNews.com)– 04/15/2009 – Back in the 1960s, about the time Bob Dylan was singing “For the times they are a-changin”, things were indeed changing. Ironically, one of the biggest changes taking shape was something that neither Dylan nor almost anybody else was aware of.
That change began in California, when Robert Taylor, the head of the information processing office at the Defense Department’s Advanced Research Projects Agency (DARPA), began working on an interconnected networking system, an idea encouraged by J.C.R. Licklider, the head of DARPA. Licklider had been frustrated of having to use three separate dedicated terminals, each with its own set of commands, to communicate with three different technical groups he was working with around the country. Late in the evening of October 29, 1969, the first link of that new network was established between UCLA and the Stanford Research Institute. The network soon grew and, in 1974, a related technical paper on communication protocols first used the term “Internet”.
By the mid 1990s, after many technical developments and administrative changes, what had begun as a way to simplify communications between computer researchers, had exploded into a worldwide communications tool, rapidly opening itself up to commercial use. Companies were beginning to use the Internet to change the way consumers and businesses approached the marketplace.
eBay, Inc. (NASDAQ: EBAY), founded in 1995, allowed anyone to sell anything, making the auction a continuous and worldwide event. Amazon.com, Inc. (NASDAQ: AMZN), which also went online in 1995, began its ongoing quest to provide consumers a satisfying, and at least partially self-controlled buying experience. By the late 1990s, it was clear that Consumer 1.0, the consumer that depended upon brick and mortar stores and vendor advertising, was being replaced. Consumer 2.0 could purchase instantly, any time of the day or night, from anywhere in the world, using transaction models that included their own input.
Of course it didn’t stop there. As more businesses came online, technologies developed to provide consumers increasing flexibility and control in accessing and viewing the products and services they wanted to see. With the opening of Google, Inc. (NASDAQ: GOOG) in September of 1998, consumers could call up information, including product and service information, that was instantly “ranked”. This allowed consumers to create a new view of the world, showing the most popular sites/stores to meet their needs. Social networking sites such as MySpace (2003) and FaceBook (2004) provided a personal word-of-mouth communication network that influenced buying decisions in unexpected new ways.
Today, based upon technologies and online models developed over the last 10 years, there is an increasing realization that another shift in the consumer-vendor relationship is not only possible, but imminent, and those who are forward-looking enough to recognize and take part in this fundamental change will have a huge advantage. The change involves dramatically increased consumer control, and much of the development is still going on in the background. In fact, this move to a Consumer 3.0 model is perhaps best represented by eDOORWAYS Corp. (OTCBB: EDWY).
eDOORWAYS describes itself conservatively as a web-based consumer problem-solving gateway. But you’ll get a better handle on the company if you think of them as what happens when you put Google, MySpace, and eBay in a blender, and mix them on high power. Their goal is to approach the consumer retail process in a new way, integrating the latest technologies with advanced social networking models, to create a totally different experience for the viewer. In the eDOORWAYS world, consumers, and anyone looking for solutions and answers, will be able to define what they are looking for in ways not yet available anywhere on the Web. They will, in effect, create their own customized information universe, getting the answers they want in the form they want.
To do this, CEO Gary Kimmons, who made his fortune as the successful founder of GK intelligent Systems, has managed to line up some of the best minds in the online and retail field. The quality of the team says as much as anything about the potential of this dramatic new approach. One of these heavy hitters is the award-winning Internet enterprise builder SpeakTech.com. As one of the top two Microsoft partners in the world, and with clients like Panasonic and Sony, SpeakTech chooses who it works with, and it has chosen eDoorways. It represents a giant vote of confidence for the new Consumer 3.0 concept and eDoorways. After all, it was SpeakTech that played a key role in developing an earlier new concept, called MySpace.
Source: US Equity News (April 15, 2009 – 11:00 AM EDT)
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We believe that this release offers an excellent description of what eDOORWAYS is all about! Our objective is to make Consumer 3.0 happen with the SOLVE doorway service offering. Your ideas, comments and observations are appreciated.
To further clarify the status of our filings, up until 5 p.m. on Friday, May 15th, 2009, it was our understanding that we would be filing our 10K today, Monday, May 18, 2009. Please be aware that all of the information provided via press releases, blogs, shareholder letters, etc., is attributed to the information that was provided to us by those professionals servicing the company, which was in turn passed on to you, our much appreciated shareholders.
On Friday, at approximately 5:00 pm, we received a call informing us that making the deadline today is in question. This was as much news to us as it is to you! As it stands, we are on pins and needles in anticipation of the hat and rabbit trick, hoping that our accountants, lawyers and auditors can pull through for us. We reiterated to them the necessity of making our filing on time. Unfortunately, stressing this point is the limit of what we can do as the matter in which they perform is out of our hands. What we can assure is that the items required of to the best of our knowledge have been satisfied.
It’s important for us to clarify the questions raised about being on the OTC Bulletin Board and a possible delay of the launch. Certainly, we want to be on the Bulletin Board because it makes it immediately clear that we are a filing company with professionally produced accounting documents.
It also gives a positive connotation of our “realness” as a public company. However, what’s more important is that we actually make the filings, which is what we’ve stressed to accomplish in the year past; what we are doing to date, and what we shall continue to do regardless of our listed exchange.
At present, when the filings are turned in, we will be current again.
This current status will be our status regardless of the exchange. Be mindful, it is the “current” status that gives us the true flexibility and a major piece of the creditability we need to move forward operationally.
This includes continuously raising any additional capital, etc. That ["current" status] is far and away the most important thing right now.
Should we have a problem with our OTCBB listing in the next few days, we will claw our way back or even perhaps esteem to something greater. We’ve come this far, there is no turning back.
Also, please be aware that there is absolutely no connection between the timing of our filings and the timing of the launch. In past public announcements we referred to the announcement of the launch date occurring after the filings were made but within the second quarter of 2009.
Everything to that regard is moving forward as we have planned. We will file and we will announce the launch date within this second quarter.
To further update the status of our filings, we regret to inform you that as of yesterday, Monday, May 18th, 2009, we missed our filing deadline for the 10K.
This is very disappointing for us all. The company worked very hard to provide all of the necessary documentation, handling outstanding issues and paying service providers. However, the ultimate conclusion rested in the hands of others.
Regardless of the aforementioned, please be aware that our accountants, lawyers and auditors are still working to complete both our 10K and 10Q filings. We have every reason to believe that we will be making our filings shortly. We and our original sponsor to the OTCBB are examining our options to see if it is possible for us to remain on the OTCBB or re-list immediately.
Let us remind you that while we certainly want to be on the Bulletin Board, it is more important that we actually make the filings regardless of the exchange. When the filings are submitted, we will be “current” again with the SEC. This “current” status will be our status regardless of the exchange we trade on and we will continue to have the flexibility needed to move forward operationally. Maintaining our “current” status with the SEC is far and away the most important thing right now.
Generally speaking, eDOORWAYS is operating as planned and is in good standing. There is absolutely no connection between the timing of our filings and the timing of the actual launch. We will still announce the launch date within this second quarter of 2009 – preferably after we’re current, but announced nonetheless.
We are still moving forward and wish to thank all of you for your continued support.
Kristen Claflin has elected to assist eDOORWAYS Corporation with our launch of the SOLVE doorway. Kristen is Principal of Claflin Consulting Co. in Santa Monica, California (where many of the top Internet services companies have their marketing divisions). Kristen is a 20-year Marketing & Advertising veteran. Prior to founding Claflin Consulting Co., she was Vice President, Ad Marketing at United Online (parent company of NetZero, Juno, Classmates.com & FTD). During her 4-year tenure at United Online, she worked in several key areas including Ad Marketing, Ad Products and Ad Sales. Before joining United Online, Kristen was Director of Marketing at Cingular Wireless for five years overseeing marketing, advertising, public relations, sales support and product management in the Northeast. Kristen has also worked at several advertising agencies including Omnicom’s GSD&M. Kristen has a Bachelor of Science degree from The University of Kansas in Business Administration and an MBA from Babson College.
Kristen’s extensive experience with marketing Internet services is exactly what we need as we progress toward a launch of our SOLVE doorway. Kristen will assume the lead role in developing our launch strategy. She is also working with us as we develop and establish the eDOORWAYS brand and create the most effective way to derive revenue from our service offering.
On June 3rd, 2009 we announced the signing of Kristen Claflin to our team of expert consultants. Ms. Claflin, who boasts tenures at United Online, Inc. (parent company of Classmates.com, NetZero, Juno & FTD) as VP of Ad Marketing, Cingular Wireless as Director of Marketing and Omnicom’s GSD&M, is expected to greatly assist us with bringing the much anticipated Consumer 3.0 web platform to market later this year. As the company’s brand marketing and site monetization strategy consultant, Ms. Claflin’s first order of business was to release the following statement:
“I believe eDOORWAYS has the potential to be a game changer and become the premier online resource for Consumer 3.0 solutions. eDOORWAYS offers users the ability to define what they are looking for, get the answers they want, in the format they want all with the option to purchase online or be directed to a local resource. eDOORWAYS also boasts an environment that is customized to the user with real-time, intelligent performance support and advanced semantic agents giving eDOORWAYS the competitive advantage of becoming more personalized with each use.
Marketing will play a critical role in achieving site adoption that will ultimately lead to our ability to generate revenues. We will utilize all elements of the marketing toolbox that we need to in order to reach our target audience of the 90 million micro boomers and netgenners. But we will do so with a conscious effort to maximize ROI, which means all marketing efforts will be as targeted as possible. We will also employ viral marketing, which has proven successful with reaching this audience and is extremely cost-effective.
eDOORWAYS stands out among other social networks due to the portability, transparency and control we will offer users. And eDOORWAYS is unique among other online resources by providing an intelligent user interface, dynamic customization tools and an action-oriented workspace.
I am very excited about joining the eDOORWAYS team and look forward to a successful launch and helping eDOORWAYS to grow into the premier online resource it is destined to be.” Kristen Claflin
We wish to welcome Kristen to our team. We know that she is going to play a very valuable role in our future!
eDOORWAYS continues preparation for the launch of its revolutionary Consumer 3.0 web based platform with the signing of Atlanta-based technology firm Technical Objectives. The developer of an award-winning artificial intelligence software, Technical Objectives represents one of the finishing touches to the growing team of expert consultants tasked with launching the eDOORWAYS platform this year.
Technical Objectives possesses various technological capabilities which include the development of rule-based intelligent systems, neural and probabilistic networks, automated planning and social network analysis. The company has extensive experience in deploying intelligent applications on financial and mortgage service sites as well as intelligent tutoring systems. Clients include AT&T, NCR’s Human Interface Technology Group, and Inference Corp. The company also brings with it unique experiences and knowledge acquired from work performed on military contracts. This military work includes nondestructive evaluation using neural networks for the USAF, social network analysis and automated planning software.
Technical Objectives’ first order of business is to provide technical guidance and support to eDOORWAYS as it proceeds with the overall design and development of the company’s “doorway” service offerings. This includes the incorporation of key features such as the use of personal assistants and an intelligent user interface that will draw heavily upon Web 3.0 technology and conceptualization.
It is presumed that with the shaping of Technical Objectives, the platform will allow users to better collaborate in authoring and designing not only static content–like hypertext and canned media clips–but dynamic content. Users will be matched with other users or with relevant information and products through a process that blends both social and machine-based intelligent performance support. Online statistical and intelligent analytic technologies will monitor how people use eDOORWAYS. This will automatically and continually adjust and fine-tune the system’s behavior to achieve optimum experience for all users.
Chairman & CEO Gary Kimmons takes to the bully pulpit once more as the company is prepared to address the market regarding the launch date of the much anticipated eDOORWAYS platform.
Monday, June 29th, 2009 at 11:00 a.m. (ET), shareholders of eDOORWAYS Corp. will have the chance to once again speak with the company’s CEO. With the primary question being, “when is the platform launching,” the company aims to deliver favorable news as it continues to enlist shareholder support.
Those close to the company have indicated that Kristen Claflin, the company’s Brand Marketing and Site Monetization Strategy Consultant, will make her presence known as she is slated to co-head this call with Kimmons. It is also believed that Mr. Kimmons could reveal the next expected doorway; which would also answer some questions about what’s been going on at the company these past few months.
eDOORWAYS is using webcasting as a means to ensure that our supporters in remote corners of the world have the opportunity to receive our message in real-time.
eDOORWAYS is expected to launch our highly anticipated Consumer 3.0SM platform in 2009. We seem to have become a global curiosity according to people we’re hearing from. The growing interest has translated into an international investment opportunity for those abroad. It’s partly for this reason that eDOORWAYS is taking the show worldwide – now offering the company’s 2nd shareholder conference call through live streaming media technology in addition to an international dial-in number.
Initially, in an attempt to appease foreign investors, we added an international dial-in number for the call – something we had not done on our last conference call. With increased traffic in “info request” emails, calls to the company and communications on this blog signifying genuine interest, we quickly determined that access to the 2nd conference call had to be widely broadened. Our decision to stream a live webcast to ensure not only domestic reach, but to respond to international interest was validated when blog communications from shareholders overseas expressed disappointment at the possibility of their exclusion from the event.
Excitement in and around our company has kicked into high gear as the call date nears. Although we are not yet providing details about the contents of the presentation, it’s clear that both Gary Kimmons and Kristen Claflin, the company’s newly appointed Brand Marketing and Site Monetization Strategist, are revved up and ready to address callers. It’s also been suggested that there could be the possibility of one or two unexpected surprises that may capture the attention of new investors.
The domestic and international dial-in numbers, as well as a link to the webcast will be released tomorrow, Friday, June 26th, 2009. This information will also be presented on both the company’s corporate website and this blog.
eDOORWAYS’ Chairman & CEO, Gary Kimmons, and Kristen Claflin, Brand Marketing and Site Monetization Strategist, will address shareholders on Monday, June 29th, 2009 at 11:00 a.m. (ET) on the company’s 2nd shareholder conference call. The primary purpose of the call is to announce the official launch date of the company’s Consumer 3.0SM platform – designed to leverage Web 3.0 technology.
This call will be accessible through domestic and international dial-in numbers as well as broadcasted globally through streaming webcast.
The domestic dial-in number for Monday’s call is (877) 407-8033. The international dial-in number is +1 (201) 689-8033.
The webcast can be accessed through www.investorcalendar.com/ClientPage.asp?ID=146555.
All shareholders who actually wish to participate in the question and answer segment of the call must dial in as personal interaction with Kimmons and Claflin will not be possible through the webcast. As with the first shareholder conference call, please be advised to anticipate a full house.
Chairman & CEO, Gary Kimmons and Kristen Claflin, the company’s Brand Marketing and Site Monetization Strategist, prepare to address the market in just a few short hours. Today, Monday, June 29th, 2009 at 11:00 a.m. (ET), the company intends to announce the 2009 launch date of the “SOLVE” doorway and its highly anticipated Consumer 3.0SM web platform.
Today’s call will begin promptly at 11:00 a.m. (ET). Callers will be allowed a five-minute grace period before conference lines are blocked. This call will be accessible through domestic and international dial-in numbers as well as broadcasted globally through streaming webcast.
The domestic dial-in number for today’s call is (877) 407-8033.
The international dial-in number for today’s call is +1 (201) 689-8033.
The live webcast can be accessed through www.investorcalendar.com/ClientPage.asp?ID=146555 beginning at 11:00 a.m. (ET) today, and will continue to be accessible “live” until the end of the call.
Shareholders who wish to participate in the Q&A segment of the call must dial in – personal interaction is not possible through the webcast. Phone lines are expected to be fully occupied along with an unknown number of supporters and shareholders listening to the conference from all over the world by way of the live webcast.
Gary Kimmons and Kristen Claflin, Brand Marketing and Site Monetization Strategist, just wrapped up a call with company shareholders. In the company’s 2nd and possibly most important call of the year, Kimmons committed to a launch date of October 1st, 2009. However the climax of his announcement came when Kimmons disclosed that the company has already secured Michael Vincent, the former speakTECH Lead Solutions Architect to act as the company’s internal technology architect.
Kimmons immediately began the call with what shareholders wanted to know most – the launch date. He described the initial launch of the first doorway “SOLVE” as being a soft launch having all of the capabilities to go live prior to October 1st. He was careful to clarify that this is a conservative date that has a strong chance of being moved forward if the economy continues to improve.
Kimmons and Claflin then moved on to describe how the eDOORWAYS platform will utilize the current Web 2.0 and seamlessly transition into the leveraging of Web 3.0 technology. They described the four areas of opportunity eDOORWAYS is likely to excel in and capitalize on. Possibly, one of the more interesting of such opportunities was that referred to as “Freedom”. Mr. Kimmons described how the Consumer 3.0 platform allows for flexibility and freedom current social networking sites, or even those integrated sites with similar virtual social components simply lack – the ability to take your work, profile, etc. with you wherever you may go, and do whatever you wish with it.
Kimmons pointed out that THE ECONOMIST magazine recently noted social networking sites such as MySpace and FaceBook have essentially become “Walled-In Communities”. This term describes sites where you can go and do things like interact with multiple groups within the site’s confined area. However, when you wish to leave or transfer your profile and work to another service or space, you must start over, leaving everything behind.
By contrast, eDOORWAYS will exemplify a totally free and open environment. This is a feature that social networkers currently operating on the Internet – sharing work, school, interest, love and life – will demand in the future of online social networking. Kimmons indicated that the company simply figured, why wait until Internet users got fed up with being “walled in” when the eDOORWAYS Consumer 3.0 platform can be designed to knock down the walls.
The call also touched on a strong candidate for the second doorway. Kimmons revealed that the company has a significant interest in a highly advanced educational technology which uses artificial intelligence to emulate the most proficient teacher for ease of learning just about any subject. The company anticipates leveraging this technology to drive the development of what is very possibly the next doorway, “LEARN”. There is the possibility that this doorway and its underlying technology can rapidly come to market after the initial launch provided that the global environment is suitable for its content. If this is the case, a greater stream of revenue can be factored into projections much sooner. This of course would mean possibly driving the company into positive territory much sooner than anticipated.
Kristen Claflin navigated the call with the knowledge and charisma expected of a 20 year marketing and brand strategist veteran. Claflin addressed concerns of what it would take to market an initiative as massive as eDOORWAYS. She minimized concerns of any possibility of a poor reception of “SOLVE” and covered the ingredients needed for an expedited national roll-out. From a marketing perspective, she described the viability of eDOORWAYS in relation to what makes it special as a brand – discussing her plans on quickly signing up the retail market and incorporating viral marketing to attract the targeted consumer audience.
Many listeners were excited to learn of the signing of Mr. Michael Vincent to the team as the company’s Lead Technology Architect. Michael Vincent, former Lead Solutions Architect for speakTECH, is charged with the task of ensuring that the eDOORWAYS’ launch date expectation is met. As far as we’re concerned, there is no one better qualified to see this technology to a timely launch than one of original builders of the platform!
Gary Kimmons announced yesterday that the company is leaving nothing to chance as they intend to make good on their commitment to soft launch the “SOLVE” doorway on October 1st, 2009. eDOORWAYS has signed former speakTECH Solutions Architect, Michael Vincent to manage functional testing, modifications and delivery of the eDOORWAYS’ platform previously developed by speakTECH. Vincent’s role will be to make sure that all necessary “SOLVE” soft launch components are in place and operating correctly.
Michael Vincent, who is a Visual Studio Team System MVP, consults primarily on Microsoft development tools and technologies. Operating within the software business for more than 20 years, Vincent has a wide range of experience working with smaller businesses such as eDOORWAYS to Fortune 100 companies. As a former speakTECH employee, Vincent possesses the knowledge and experience to provide eDOORWAYS with top grade software architecture, application lifecycle management, and development services. And considering that Vincent was the project manager regarding the initial design and development of the eDOORWAYS platform at speakTECH, he has intimate working knowledge of the platform.
On the last shareholder conference call, the company was asked if we would be willing to make the eDOORWAYS platform and the SOLVE doorway available for demonstration. At that time, our Chairman and CEO, Mr. Gary Kimmons, advised that making SOLVE available to the public before its scheduled release introduces undue risk associated with losing our competitive advantage in the marketplace.
Nevertheless, as a participant in our conference call noted, “seeing is believing,” and many of you are demanding to see what we’ve achieved. This has created an interesting dilemma – if we unveil SOLVE, we risk ultimately hurting shareholder value by allowing competitors insight into the mechanics of the platform. We’re almost positive that any reasonable shareholder would not want that. Yet, if we continue to hold it close until the soft launch, it is clear that many of you, our shareholders, will continue to question the veracity and authenticity of our effort. The impasse this creates is detrimental to all of us – and it’s negatively affecting our value in the marketplace.
We simply cannot let this continue to unjustly happen. As an act of mutual good-faith, we are prepared to act immediately by offering to make the SOLVE doorway available for shareholder inspection and review via a “live walk-through” conducted by our technology consultants. The walk-through is available to us now since we’ve used it for past presentations to private capital sources. However, exactly how it is we can implement the presentations to the public with a reasonable degree of security must still be resolved.
It’s our intention to get back to you as soon as possible with a plan that can work whereby the walk-through is made available within the month. This should only take a few business days. At that time, we will announce the viewing date(s), our plan for certifying participants and the forum in which we intend to conduct this event. Regardless, we see no reason why the presentation(s) cannot be conducted this month.
To conclude, we understand that our shareholders are excited to view a demonstration of the platform and celebrate what the company has achieved. And it is because we value you, our shareholders, we will proactively strive to meet your stated needs and expectations.
Your patience and understanding regarding this sensitive issue is sincerely appreciated!
eDOORWAYS, your web-based consumer problem solving gateway, lifestyle information source, and online business-to-consumer marketplace, has retained Investor Relations Group (IRG), a thirteen-year-old, award-winning corporate communications firm based in New York City, to serve as its national public relations firm. Print, radio, broadcast, and online media outreach initiated by the New York PR firm will further the awareness of eDOORWAYS.
IRG will immediately commence an outreach campaign targeting editors, writers, and segment producers of local and national trade and consumer online, print, radio, and broadcast media outlets. IRG’s mandate is to produce gripping news content that describes the company’s next-generation Internet gateway for businesses and consumers while positioning the eDOORWAYS executive management team as industry thought leaders. IRG’s corporate communications program includes new media and multimedia initiatives that involve the creation of broadcast-ready corporate videos, podcasts, and the creation of social networking, video service, and micro-blogging accounts. The Investor Relations Group was recently honored with a “Stevie Award” for Investor Relations Program of the Year and named a finalist in the Best Media Website category from the 2009 American Business Awards.
We are delighted to embark upon this relationship with the Investor Relations Group! Given such exciting recent company developments as the announcement of the October launch date of our SOLVE Doorway, the naming of Michael Vincent as our Lead Technology Architect, our upcoming live shareholder walkthrough, and the advent of a possible new doorway we’ve named “LEARN”, we believe that now is the opportune time for us to engage a high-level corporate communications team to help tell our story. We have every confidence in IRG’s ability to successfully communicate our story with the investment community, our shareholders, the media, and the public-at-large.
eDOORWAYS is at work furthering its agenda. With the addition of a Brand Marketing and Site Monetization Strategist, setting the launch date, supporting that launch with the acquisition of a Lead Technology Architect and engaging an award winning New York PR firm to convey the company’s message to the masses, eDOORWAYS seems set on a course of growth and success. Still yet, in preparing for October’s delivery of the “SOLVE” doorway we are continuing to seek additional ways to build greater shareholder value. Today, this value comes in the form of the company’s potential CFO candidate – newly signed eDOORWAYS team consultant, Dan Bensimon.
A former member of the US Special Forces, Dan Bensimon, who has been named the company’s Senior Financial & Accounting Specialist, brings with him over 30 years of exceptional skills as an international specialty accountant and financial/operations manager.
Mr. Bensimon’s background includes his role as an accountant and partner at Touche Ross & Co, where he worked in the LA, D.C., NY, Paris and Austin offices prior to heading all European audit operations. Bensimon was also responsible for reorganizing the financial operations of Washington’s Milton Development Corporation as Vice President. He once acted as the Liquidating Trustee for both Compaq and Living.Com Liquidating Trust, was tapped for expert testimony in U.S. Bankruptcy Court and has been involved with multiple IPO’s. What may be the most impressive aspect of Dan’s background is his role as the court appointed President of Nash Philips – Copus, Inc., once the largest privately held homebuilder in the United States. At Nash Philips, he successfully managed the company through Chapter 11 as a member of the debtor in possession.
Our company requires sound judgment and expertise – and this is especially true in the area of financial management. We are now poised to complete our filings. Recently, we determined that using an “external” accounting group actually created more grief than good. Bensimon, who entered into negotiations with eDOORWAYS back in May, began examining the company’s financial and accounting situation in anticipation of the release of our former accountants. Once the decision was made to create firm internal accounting controls, Dan Bensimon was officially engaged in early June, and he immediately welcomed the task of putting the audit back on track. Due to the excitement of the company’s launch date announcement, we had not found the right opportunity to disclose this news.
When Mr. Bensimon was asked what attracted a professional of his caliber to eDOORWAYS he responded, “This is a company surrounded by good and intelligent individuals who each seem to possess a sincere interest in seeing eDOORWAYS penetrate the marketplace. My experience affords me the ability to identify real opportunity – and the opportunity here is innumerable.”
Dan continued, “I believe, that with the assistance of the company’s lead consultant, eDOORWAYS has been successfully guided to a point whereby with additional organizational insight, it can quickly expand and see its way onto a major exchange with a profit potential only wished for by most Internet tech companies. I also believe my experience affords me the ability to confidently say, if the company grants me the resources and freedom, I can initiate adequate financial organization, properly complete the audit, and ensure that eDOORWAYS is well prepared to enjoy the explosive growth that potentially awaits it in the months to come.”
eDOORWAYS is making financial decisions that demand sound decision making skills. These are skills that can only come from years of practical hands-on experience – and Dan Bensimon has the right credentials. Dan is truly going to help eDOORWAYS immeasurably as we prepare for a highly anticipated launch which can quickly position us for a major exchange. And now, we’ll be ready!
eDOORWAYS is rapidly emerging as a national brand that now requires the judgment and expertise of proven executives. As continually demonstrated by our quality consultants, we certainly have the appeal to attract very talented personnel.
Due to last week’s announcement allowing shareholders the ability to participate in a pre-launch presentation, this past week the company has been very busy fielding an increased volume in calls and emails from shareholders passionately expressing their views on the matter. While some believe this move to be potentially more harmful than good, others feel this action will allow them to better understand the viability of the eDOORWAYS platform.
Recognizing the importance and sensitive nature of revealing the platform, eDOORWAYS has determined that in the spirit of compromise, the best way to satisfy everyone is to make a basic pre-launch walk-through presentation available this month – subject however to very specific shareholder registration rules and requirements. Also, by making the appropriate technical integrations, the company can grant shareholders a walk-through within a reasonably protected environment. eDOORWAYS believes this approach will be a win/win for all; assuaging any doubt while protecting shareholder value and interest.
The date of the pre-launch presentation will be Friday, July 31st, 2009. Details of this event, including times, access codes, terms and conditions, registration requirements, etc., will be announced next week.
Once again, the company understands that shareholders are extremely motivated, and because eDOORWAYS values each of you, the company will proactively strive to responsibly manage the expectations of all to show the sincerest appreciation of your support.
Mr. Dan Bensimon, our Senior Financial & Accounting Specialist, has taken considerable time acclimating himself with the company’s policies, procedures and accounting activity. He has assessed the financials of eDOORWAYS and engaged in meaningful conversations with the company’s auditor and SEC counsel. From thorough and continuing due diligence, Dan Bensimon has developed a sound basis in which he feels confident to draw reasonable conclusions as to the completion of the company’s filings.
According to Mr. Bensimon’s conservative estimates, he expects, should the company keep the course now set, that the 10K along with the 1st and 2nd Quarter Q’s of ‘09, will all be completed by Monday, August 31st, 2009. This would put the company on target with its Q3 for ‘09 filing and set the pace for timely filings thereafter. Bensimon suggested that although he will likely have the 10K completed by July 31st, Q1 by August 15th and Q2 by August 31st, he would rather set a manageable date for all of the filings. In this regard, Mr. Bensimon stated the following:
“I know for some this may appear as too much time for the completion of a few filings. However, what is important for shareholders to understand, the goal is not simply to complete an audit, but to see a company reach its fullest potential. This means becoming current, remaining current and confidently moving onto a better exchange. This can only occur when a company’s management and its accounting professionals take the time to ensure the messages being sent to the public are absolutely reflected and proven by their books.
To accomplish this first requires that I acquire a full understanding of the company’s policies, procedures and accounting activity. We must confirm that transactions originally posted do not conflict with the company’s accounting policies – then properly post accounting entries. Finally, we must minimize possible tax liabilities. This means curbing any foreseeable tax exposure and expunging any negative precedence that would fly in the face of proper record keeping.
This is all very important for a company that could very well end up on a major exchange very quickly due to its October launch.”
We at eDOORWAYS believe that Dan Bensimon, who boasts over 30 years of international specialty accounting and financial operations management experience, has the credentials to bring the company’s financials to the highest standards. We support the position Mr. Bensimon has taken to support our viability for investment appeal and move to a higher exchange. We applaud Dan’s efforts and are pleased to provide this anticipated filing date announcement confident that its time horizons are being properly set and managed.
SEC Counsel for eDOORWAYS has advised that the company’s twin goals of protecting our proprietary platform technology while providing shareholders with a pre-launch walk-through might be in conflict with the U.S. Securities and Exchange Commission’s (SEC) October 23, 2000, ruling regarding selective disclosure and insider trading. The FD (Full Disclosure) rule is “designed to promote the full and fair disclosure of information by issuers and to clarify, and enhance existing prohibitions against insider trading.”
eDOORWAYS has been strongly advised that if the company is to remain compliant and protect its shareholders, the planned walk-through should be reevaluated. While eDOORWAYS therefore regrets that it will be unable to provide a pre-launch walkthrough to all its shareholders, the company has worked diligently to devise another solution.
An independent, unpaid shareholder board committee will be formed to review the platform and report back to all other shareholders and the public. This committee will be comprised of shareholders who are willing to sign extensive non-disclosure agreements (NDA) and abide by the SEC Reg FD rulings. While these shareholders will not become “insiders” by joining this board, their ability to trade (i.e., buy and sell in the open market) will become significantly limited and in most cases prohibited. Until the information the committee reviews (deemed “material information”) becomes public, all future investments made by these shareholders, sitting on the board committee, can only occur directly with eDOORWAYS.
Shareholders interested in joining the committee are invited to submit their request by filling out the request information form found at the following link: Shareholder Board Committee Request (also located on the Home Page of the eDOORWAYS website). Only those persons who are shareholders by market close today, Friday, July 24, 2009, may be eligible for consideration. The committee does not have a membership limit and will consist of as many qualifying shareholders who are willing to submit to the legal conditions and implications denoted. All submission requests must be accounted for by market close Monday, July 27, 2009.
Once all submissions are cross-referenced and verified, an instruction letter, NDA, and any and all other appropriate documents will be forwarded to those qualifying shareholders. Shareholders will then have to execute and submit all requested information within the time frame indicated in the eDOORWAYS’ correspondence. Following this, the committee will be immediately formed, the pre-launch presentation will be given at a date the newly-formed board committee decides, and the committee will report back to shareholders and the public at large through an independent news release.
First, as it pertains to the October 1st soft launch date, Michael Vincent, the company’s Lead Technology Architect has made an assessment of the company’s current development regarding meeting the proposed soft launch date and has concluded that the company is on schedule.
As it pertains to the 10K Audit filing, Dan Bensimon, the company’s Senior Financial & Accounting Specialist, has persistently continued to advance the company’s accounting schedule. According to Mr. Bensimon, the company remains on target for an August 31st filing date of the 10K as well as its first and second quarter 10Qs.
“At this time we have a very good handle of the company’s books,” says Bensimon. “We have the majority if not all of the correct information for the 10K prepared and are geared up to go into review before handing the files over to the auditors. Our auditors are expecting delivery of this data by week’s end and seem willing to assist in expediting the audit’s completion.”
Generally, it takes an auditor roughly two weeks to complete a 10K review provided all of the information presented by the company is well prepared. Should this be the case, the company’s 10K can possibly see a filing date as early as August 10th.
Lastly, as it concerns the proposed pre-launch walk through, this past Friday, July 24th, 2009, the company reinforced its commitment to making a presentation available without posing unnecessary risk to proprietary technology or undermining SEC regulations. The solution was to form an independent, unpaid board committee comprised of the company’s shareholders. This board committee would review the platform and report back to all other shareholders and the public. The company simply required that all interested persons be shareholders of record by July 24, 2009, submit request for board consideration by end of trading day today, Monday, July 27, 2009, willing to execute an extensive non-disclosure and subject themselves to the legal conditions and implications of SEC Full Disclosure rules. To date, only one shareholder has submitted a request to join the company’s shareholder’s board.
Austin, Texas: July 29, 2009: The Austin Chamber is pleased to announce that eDOORWAYS Corporation (EDWY.PK), the web-based consumer problem solving gateway, lifestyle information source and online business-to-consumer marketplace, has officially established its U.S. headquarters in Austin, Texas. The Consumer 3.0 platform, which has long been envisioned by eDOORWAYS to have its roots planted in Austin, has now been fulfilled as the company joins the Austin Chamber of Commerce.
Committing to a soft launch of its web-based platform scheduled for Thursday, October 1, 2009, eDOORWAYS’ first doorway “SOLVE” will make its debut in Austin, with a national rollout to follow.
“We envision eDOORWAYS as a machine that formalizes how businesses reach prospective buyers in the most efficient way possible,” said eDOORWAYS Chairman and CEO Gary Kimmons. “eDOORWAYS is a grassroots economic development platform that will rally and empower America’s small businesses, drive commerce and help encourage job creation.”
Currently, the company which is primarily operated by 18 consultants relocated its headquarters to a 2,500 square foot location in downtown Austin. These consultants have the option to sign on as full time employees, and eDOORWAYS plans to ramp up operations dramatically over the next six months; anticipating a growth in staffing within 60 to 90 days.
eDOORWAYS shows the potential to become a powerful economic development and job creation mechanism. The platform demonstrates the ability to drive new commerce to vendors and facilitate instantaneous, one-to-one connections with pre-screened, ‘golden nugget’ prospects. Using eDOORWAYS, real buyers are connected with ideal sellers, allowing for more and better business to occur, which spurs increased employment opportunities.
“eDOORWAYS is a perfect fit for Austin and we are proud to welcome such a successful and innovative company as a new corporate citizen to not only our community but as a member of the Austin Chamber as well,” said Gary Farmer, Chair of Opportunity Austin and President of Heritage Title. “Since Austin is such a great place to live and work, it makes it an excellent home and eDOORWAYS will help to further the momentum behind Opportunity Austin, the Chamber’s initiative to create new jobs.”
Austin is a particularly attractive market for national and international business due to its low cost of stable power, an abundance of highly skilled technical labor, minimal risk for natural disasters and predictable weather conditions. Opportunity Austin is the Austin Chamber of Commerce’s five-year economic development initiative to foster sustainable growth through the creation of new jobs and increased payroll in the Central Texas region.
“eDOORWAYS is delighted to be headquartered in Austin and launch its technology in this great city,” said Kimmons. “With its wealth of small businesses, talented and industrious work pool, tech savvy consumers and cultural diversity, Austin is a perfect market for us. Our fervent hope and intention is to become a prime mover in the creation of jobs, advancement of technology and economic development in the Greater Austin area.”
Recently, we extended an offer to show SOLVE to those shareholders who would like to gain a better understanding of the design and workings of the SOLVE doorway via a live walk-through demonstration. These same shareholders would then have the duty of giving an unbiased reporting to those shareholders who were not made privy to the demonstration.
Our offer was made with the provision that any shareholder desiring to view the presentation would be required to make necessary representation that they were, in fact, a shareholder of record and that they would comply with certain SEC legislation that would limit their activity in the marketplace as it relates to trading eDOORWAYS securities. This placed a burden on most of our shareholders that has proven difficult to overcome.
Of the more than two thousand shareholders of record holding eDOORWAYS stock today, virtually no one elected to participate. There were fewer than five verified shareholders of record who chose to do so. This number represents less than 1% of the current shareholders holding eDOORWAYS stock and collectively hold less than 1% of the Issued and Outstanding Shares. Unfortunately, these numbers would have had to be much greater for us to justify going forward with the demonstration.
First, the cost of doing so would have been prohibitive to accommodate such a small number of volunteers. Even more important for us all to consider, however, is the relative risk of entrusting an extremely limited number of participants, whom combined hold a fraction of the overall share count, with the responsibility of reporting their observations and opinions to our entire shareholder base and the rest of the world. A fair representation of shareholder interest for an example would have been a greater number of shareholders (twenty or thirty) irrespective of stock ownership, or, a fewer number of shareholders with significant (thirty to sixty million shares) combined holdings.
We do not believe that it is fair to you, our shareholders, to risk the value of your holdings on the basis of one or two opinions from individuals who combined may have much less at stake than you. The question we had to ask ourselves was this: Is this group truly capable of portraying SOLVE as it should be seen and will this group be considerate of shareholder risk??
With the soft launch now looming as a near-term event, we believe it to be far better for us to wait until everyone can see the platform. We ask for your patience as we await this event, and we thank you for being loyal and supportive investors in eDOORWAYS Corporation.
In preparation for launch testing, eDOORWAYS Corporation is implementing a second domain for our corporate web site. We will relocate our current corporate presence from www.edoorways.com to www.edoorwayscorp.com as we prepare for our October soft launch.
Within the next 30 days, shareholders will have to use the new corporate site in order to access company information. A series of tests and upgrades to what will now become the platform’s domain will be performed during the September month. Upon the October 1st soft launch date, eDOORWAYS will essentially begin operating two websites. The platform site (www.edoorways.com) will house the “SOLVE” and “LEARN” doors along with the brand’s five other doorways. The corporate site (www.edoorwayscorp.com) will maintain the company’s corporate presence.
Although these sites will provide links to one another, the separation is needed for easier navigation between corporate information and platform use.
We are steaming forward to meet the expected filing date of the 10K. As mentioned in a release on July 15, 2009, we informed shareholders that Mr. Dan Bensimon had developed a sound basis in which he felt confident to draw a reasonable conclusion as to the completion of the company’s filings. To date, Mr. Bensimon remains steadfast regarding the timing of the 10K filing.
As of yesterday, Sunday, August 16th, 2009, Mr. Bensimon turned over a fairly completed 10K document to both the company’s SEC counsel and auditor. Again, according to Mr. Bensimon’s conservative estimates, with added consideration given towards the auditors having worked alongside the company to complete filings, he expects that barring any unforseen legal matters or major concerns from the auditor, the review of the 10K document should be complete and ready to file in the next two weeks or so. This timing remains in line with his original time estimate.
Also, at Mr. Bensimon’s recommendation, we are hiring a second accountant whose primary function will be to assist Bensimon and the auditors with finalizing the outstanding 10Q filings and to immediately start work on the 3rd Quarter filing. The idea is to further Mr. Bensimon’s initiatives in putting the company’s bookkeeping on track and keeping the company timely with future filings.
Real Time Data is going to provide the architecture for eDOORWAYS’ “Power Keys” economy through a software development agreement.
We have solidified our plans to shake up the world’s current internet revenue models with the delivery of our “Power Keys” platform. This news comes on the heels of our having engaged Real Time Data of Orange County, CA in a software development agreement allowing eDOORWAYS to license and customize Real Time Data’s proprietary source code for use with eDOORWAYS’ “Power Keys.”
Real Time Data, which specializes in custom software development focusing on real time systems that contain large databases requiring high throughput and high reliability, has provided custom development services to more than 100 clients for over 15 years. Clients include Technicolor Creative Services, the University of California Berkeley, Neighborhood Housing Services of America and the Bank of American Samoa. Real Time Data has also provided custom development services for ICL Systems whose vehicle logistics reporting system is used by a multitude of vehicle manufacturers including Honda, Volkswagen, Toyota Canada, and Mercedes.
The software company is popularly known for the real-time streaming financial data software used by investors. The Forex feed Real Time Data maintains includes data from over 30 International and US Forex contributors. Their real time equities and futures service provides data from all North American Futures and Equities exchanges including NYSE, AMEX, NASDAQ, NYMEX, NYBOT, COMEX, CBOT, ICE, and CME.
eDOORWAYS has been eying the software firm’s real-time data feed software for the financial markets for some time now. The data feed software listens for subscribed symbols (e.g. “IBM”) and distributes real-time quotes to all subscribers following “IBM.” eDOORWAYS’ “Power Keys” requires similar real-time notification for business subscribers when consumers search for subscribed keywords (“Power Keys”).
Real Time Data has agreed to license and modify the data server software to serve “Power Keys” notifications instead of financial quotes, and to provide a suitable API to the programming team at eDOORWAYS. Real Time Data will also provide an API for that team to use to notify the Power Keys Expert when a consumer wishes to initiate a chat.
“eDOORWAYS is extremely pleased to be working with Real Time Data,” said Gary Kimmons, Chairman and CEO of eDOORWAYS Corp. “Real Time Data’s software has been battle tested on an international level in various markets. The software license we’re acquiring already provides the architecture designed for our needs.”
What this means for eDOORWAYS is that our “Power Key” model will not have to wait until the Beta launch to take flight. The license and customization agreement between the two companies has allowed eDOORWAYS to take a giant leap forward in the development of one of its “big picture” business revenue models. Now with the “Power Key” function already close to 50% complete, Real Time Data will concentrate the next six weeks in adapting its software to the eDOORWAYS platform – possibly allowing “Power Keys” to make its debut with the ‘SOLVE’ doorway.
People close to our company believe that Real Time Data’s proven high through-put, high reliability and high redundancy messaging server technology will greatly enhance eDOORWAYS’ ability to provide non-stop service for eDOORWAYS’ customers. However, the greatest anticipation is that “Power Keys” will transcend the traditional Internet advertising model, possibly leaving larger well known companies gasping for air as they try to keep up with eDOORWAYS’ proposed revenue model.
An alternative to traditional “AdWords”, our new Power Key Web model will provide a level playing field for small businesses, offering live connectivity to pre-qualified gold nugget sales prospects.
We might have pleasantly surprised many of our followers yesterday as we prepare for the soft launch in Austin, Texas, October 1st. We announced the licensing and customization of Real Time Data’s proprietary source code [real-time data feed software] as we mean to expedite delivery and use of our “Power Key” business/revenue model.
We had realized that the software company’s data feed software shared many, if not most, of the underlying principles of eDOORWAYS’ “Power Key” model. The data feed software, which listens for subscribed symbols (e.g. “RIMM”), distributing real time quotes to all subscribers following “RIMM,” will process the same functions for eDOORWAYS’ “Power Keys.” This will allow real-time notification for business subscribers when consumers search for subscribed keywords in the “SOLVE” or other doorways.
“Formally introducing the ‘Power Key’ web model to the public is very exciting,” said Gary Kimmons. “Not only will Power Keys change the typical Internet advertising model, but it will also create a revolutionary new online economy of scale not yet seen on the web.”
Unlike Internet revenue models such as Google AdWords, in which the highest bidders invariably receive the best ranking, eDOORWAYS’ “Power Keys” democratizes web commerce, empowering America’s small businesses by putting them on a level playing field with corporate goliaths and ensuring that gold nugget sales prospects are connected with the very best possible vendors that can satisfy their unique demands.
Here’s how it would work: Ultimately, vendors will be able to create “Power Keys” promoting various goods and services, for example, “plumber,” “private tutor,” “house painter,” etc. These keys will be rented for an affordable fee commensurately relative to market demand, industry, and the overall status of the economy. Consumers, who have free access to the service, enter a doorway like “SOLVE” with their query (e.g., “my boiler just busted; can I get it repaired or will I need it replaced?”). “Power Key” renters are alerted to the query and have the opportunity to respond, or “ping” the customer, in a real-time environment where they can provide information, answer questions, and bid on the job against other competing local vendors.
“Power Key” renters pay for the rights to premium, real-time connectivity to pre-qualified, gold nugget sales prospects. While anyone can create a “Power Key” category, no matter how obscure (“a” is for “aardvarks”), if no consumers “ping” a category after thirty days, the business does not get charged the licensing fee. Conversely, if certain categories prove to yield huge business volume, eDOORWAYS reserves the right to raise the “rent” on those “Power Keys” based on market demand and an algorithm of usage statistics. “Power Key” retailers can also sublease their keys, giving them the right to transfer their contracts for a financial benefit. This creates a secondary economy within the platform, allowing profits to be derived from sources other than individual buy-sell events.
“With ‘Power Keys’, eDOORWAYS transcends the traditional Internet advertising model,” says Mr. Kimmons. “‘Power Keys’ represent a true breakthrough concerning the ways we think about Internet commerce. This economy of scale model facilitates the ultimate sales connection: the establishment of immediate, cross-the-counter, real-time connectivity. While most of the advertising on the web provides only a good sense of who’s spending the most dollars, ‘Power Keys’ creates live engagement between vendors and customers while allowing ‘Power Key’ retailers greater profitability through subscribed keyword appreciative values. We are tremendously excited about this platform, and the business philosophy underpinning it, and are eagerly anticipating it to be fully active for our beta launch.”
For those shareholders interested in a highly relevant article about the “new Web revolution”, we strongly recommend that you check out the following link. The article is in the August 17th copy of BusinessWeek on page 46 in the Innovation and Technology section.
The title of the article is “Betting on the Real-Time Web (No one knows how Twitter and similar social sites will make money, but investors see a new Web revolution)”. Here’s the link:
Our revenue model will offer a host of attractive free services and features that build brand awareness and loyalty, organically providing revenue opportunities.
“There’s been a good deal of talk in the media lately surrounding the idea of the new, ‘free’ economy, as elucidated by Chris Anderson in his book, ‘Free: The Future Of A Radical Price’,” says eDOORWAYS Chairman and CEO Gary Kimmons. “Taking the record industry as an example, many of today’s top new bands—Radiohead comes to mind—have grown comfortable with giving away their music online for free or for a nominal fee in order to generate a loyal fan base that will then purchase merchandise and concert tickets. Similarly, while other social networks are searching for ways to make money via traditional, static advertising revenue models, eDOORWAYS will provide a host of attractive free services and features to users that will organically build our platform and provide myriad revenue opportunities.”
When the SOLVE doorway is launched in October, consumers will have free access to real-time problem solving, and be able to garner competitive information from service providers that bid for their business. These users can also generate communities of likeminded consumers for the purpose of the open exchange of information. Conversely, small business service providers will receive complimentary record keeping and sales tracking support, free business listings, and general marketplace information.
While building our brand, eDOORWAYS plans to monetize our services in an organic fashion, one that empowers consumers and American small businesses alike, by charging for premium connectivity to “gold nugget prospects,” storefront upgrades, CRM support, private label licensing, targeted marketing, back office support services, and more. For example, while any small business can access eDOORWAYS for free, “PowerKey” renters will have exclusive claim on gold nugget sales prospects, providing these small businesses with conceivably unlimited opportunities for new business generation. If certain PowerKey categories prove to yield huge business volume, eDOORWAYS reserves the right to raise the “rent” on those PowerKeys based on market demand and an algorithm of usage statistics. (PowerKey retailers can then rent or sublease the keys, and have the right to transfer their contracts, thereby creating an economy within the platform outside the selling of advertising or individual buy-sell events.)
“A global shift is taking place in which people are beginning to refuse to pay for information and services they know they can find free of charge on the Internet,” says Mr. Kimmons. “Businesses that deny this sea change in the ways we do business do so at their peril, while companies that embrace this shift in the Zeitgeist have the opportunity to build longstanding trust, loyalty, and market share. That is the philosophy behind eDOORWAYS’ suite of free and paid-for features and services, which we eagerly anticipate sharing with our shareholders, small businesses, the media, and general public in the fall.”
In preparation for launch testing, eDOORWAYS Corporation has implemented a second domain for our corporate web site. We’ve relocated our current corporate presence from www.edoorways.com to www.edoorwayscorp.com as we prepare for our October soft launch.
Shareholders must use the new corporate site in order to access company information. A series of tests and upgrades to what will now become the platform’s domain will be performed during the September month. Upon the October 1st soft launch date, eDOORWAYS will essentially begin operating two websites. The platform site (www.edoorways.com) will house the “SOLVE” and “LEARN” doors along with the brand’s five other doorways. The corporate site (www.edoorwayscorp.com) is now the company’s corporate presence.
Our 10K for 2008 has been posted for public review as we take the final steps for making our SEC filing.
We are moving forward on a positive note as we complete our 2008 10K audit. We have aggressively steamed forward to meet our expected completion date. We’ve posted the 10K audit to the company’s new site, www.edoorwayscorp.com for public review. The document and associated financials posted are shown as “unaudited”, since the auditor must make a final sign-off signifying approval.
“We have met our self-imposed deadline of completing the 10K final draft by today and we determined it would be best to afford shareholders the ability to acknowledge this as we enter into the filing process”, said Gary Kimmons.
Typically, once a final draft of the 10K audit is submitted, it goes through a filing process that can take up to 72 hours to complete. This includes Edgarizing a 50 plus page document and committing to one final review by auditors of the Edgarized version of the 10K audit before it’s filed. While this process should be of no consequence, for smaller companies like eDOORWAYS which strive to secure shareholder confidence, these logistics aren’t usually understood by shareholders. To that end, Mr. Kimmons felt it appropriate to make evident to investors the company’s completion of the 10K final draft.
Our post of the 10K for the year ended December 31, 2008 will act as information for you, our shareholders, and will be superseded by the actual filing of the 10K. The financial statements included in the posted 10K have been prepared by management along with the overall review of the final draft by legal counsel – both with no assurance that adjustments or modifications will not be required. However, the company, along with its Senior Financial & Accounting Specialist, Mr. Dan Bensimon, have committed to the filing process, which includes these final reviews, strongly believing that such modifications are not likely or if required would likely result in non-material adjustments.
The move for us to post our 10K prior to its filing (that can still occur today), may be considered a bit unorthodox. However, people close to eDOORWAYS consider this action appropriate as a means to reaffirm shareholder confidence.
“The company is marching toward an important day in the weeks to come and we’d like our house to be in absolute order for that moment,” said Kimmons. “I cannot state enough that the work Mr. Dan Bensimon has conducted here is unquestionably top notch and greatly beneficial to the company and our shareholders regardless of the time it has taken. We are pleased that we have the ability to post the 10K final draft today and look forward to an expeditious filing of this final draft. Should all things continue as well as they’ve been so far, the outstanding Q’s should be completed within short order and we could see our soft launch date of October 1st, 2009, as being ‘current’ on our financials.”
The city of Austin, shareholders, media and local businesses are invited to be among the first to experience the live soft launch of “SOLVE”.
eDOORWAYSwill be hosting an event to inaugurate the soft launch of its first doorway, “SOLVE,” in Austin, Texas on Thursday, October 1, 2009, from 6-10PM (CDT). The pre-launch event will be held at the AT&T Executive Education and Conference Center. The event will feature a live demonstration of the platform’s “SOLVE” doorway, a question-and-answer session with company Chairman and CEO Gary Kimmons and dialogue with technology contributors, food, drinks, and meet-and-greet networking opportunities.
Space is limited for this event. Registration is required and the dress code is business casual. Please RSVP by visiting www.eDoorwaysCorp.com and select the Investor Relations Group tab to register.
For further details regarding the location of the AT&T Executive Education and Conference Center as well as hotel accommodations, prospective guests can call 877-744-8822 or 512-404-3600; or visit www.meetattexas.com – accessing the “Reservations” tab and entering visit dates. Please refer to group code PRODLA0909 or eDOORWAYS when making reservations in order to secure the special group rate.
We closed out last week with an announcement of our soft launch “pre-launch” party.
On Friday, September 4th, 2009 we stated we will give the city of Austin, its shareholders, the media and local businesses the opportunity to experience the soft launch of our platform’s “SOLVE” doorway at an event we will host at the AT&T Executive Education and Conference Center in Austin Texas.
The purpose of the gala is to give the people of Austin and our shareholders an opportunity to be the first to experience the baseline functionality of the ground-breaking Internet platform from a perspective that will not initially be available online come October 2nd. Bearing in mind that a significant portion of the eDOORWAYS platform, including its first doorway “SOLVE”, is ultimately powered by human interaction and contribution, what will be at first posted to the web will not have absolute functionality. It will take time to populate fields, sign on new users and spur relevant interactions between businesses and consumers that would form a truly demonstrable platform. For this reason, Gary Kimmons, along with his technology consultancy teams will offer a live demonstration of the SOLVE doorway to attending guests.
Mr. Kimmons and his team will look to provide the audience with interactive working examples of how SOLVE would actually work once the eDOORWAYS platform is fully operational within its beta form. The purpose of the soft launch version of SOLVE is to serve as a test vehicle that is used to ascertain the correct design, look and operation of the service offering. By this, additional focus groups will be employed, businesses and consumers will be signed up and functionality will be measured. If modifications are required, this will be the time to acknowledge them and make the necessary adjustments and enhancements at a significant savings of time and cost. This must be accomplished before the service goes beta. In short, there is still substantial work to be done after the soft launch in order to arrive at a fully functional beta version of the platform. However, management and company consultants believe that on October 1st, the city of Austin, shareholders and the world at large will fully share our confidence in our ability to ultimately achieve our objectives.
Festivities will also be part of the pre-launch event. Guests will be able to enjoy good ol’ Texas cuisine, drinks and music; with the opportunity to network within a “meet and greet” social networking atmosphere.
The agenda for the event, which is scheduled to run between the hours of 6:00 p.m. and 10:00 p.m. CDT, is proposed as follows:
Registration: 6:00 – 7:00 PM
Welcome & Introductions: 7:15 – 7:30 PM
SOLVE Live Demonstration: 7:30 – 8:00 PM
Questions & Answers: 8:00 – 8:30 PM
Meet & Greet/Networking, Party 8:30 – 10:00 PM
Further details regarding location and lodging can be found either at our new corporate website (www.eDoorwaysCorp.com) where you can RSVP or by contacting the AT&T Executive Education and Conference Center at 877-744-8822 / 512-404-3600 or by visiting www.meetattexas.com where you can access the Reservations tab (Please refer to: Group code: PRODLA0909 or eDOORWAYS).
Our strengthening capital position and rapid progress in the development of our second doorway is affording us the ability to connect with an esteemed software systems engineering veteran.
eDOORWAYS looks to secure the long term development of our platform with the engagement of one of the technology industry’s more prominent software and systems engineering firms, Applied Information Sciences (AIS), to assist the company with the ultimate design of the Web 3.0 platform intended to support the unique capabilities displayed by each doorway. This move comes partly on the heels of our strengthening financial position and growing interest from new investment resources. The paralleling motivator is the unexpected and rapid progress in development of what will likely become our platform’s second doorway.
When the initial expectancy of the eDOORWAYS platform was to simply launch and manage SOLVE through the first few months of its rollout, acquiring specialty skills from a veteran technology firm like AIS was not a primary consideration. For smaller companies like eDOORWAYS, the sort of quality and expert assistance AIS offers, which is usually attached to a price tag commensurate with the clients they keep – Lockheed Martin, Verizon, GEICO, various State & Local Government Agencies, the U.S. Armed Forces, the Federal Bureau of Investigations, etc., is typically financially out of range. Nearing 30 years in the business, having been nominated by the Washington Business Journal as one of the “50 Best Places to Work” boasting over 200 employees and as both a Microsoft Managed Gold Partner (the highest partner relationship offered by Microsoft) and an IBM Business Partner, AIS has no shortage of viable projects. However, with the impending soft launch just a few weeks away, growing investment interest, and the reality of other doorways quickly coming to fruition, after several months of patient due diligence, eDOORWAYS has made it on to AIS’ client list.
“There are currently two amazing technology consultancy firms that have worked tirelessly to assist us in delivering a rather incredible and unique service offering to the web,” said Gary Kimmons. “However, to be accepted onto the client list of a firm like AIS is truly exciting and a positive indication that we’ve been heading in the right direction. I’m confident that with the help of AIS, the dynamics of what we envision as our ultimate service offering will surely come to life and take flight.”
At this time, AIS is not making any contributions to the current SOLVE doorway that could possibly impede the launch. The firm is simply evaluating the existing technology, looking at market availability, open source options and components, and making enterprise platform recommendations. However, after the October 1st soft launch of the SOLVE doorway AIS will take a much more proactive role. This would include developing an open application programming interface (API) that will provide ultimate flexibility to pull the needed resources from the cloud as well as building the “cradle” which will allow for the seamless integration and collaborative operating of the various doorways of the Web 3.0 platform.
“We are extremely pleased to assist eDOORWAYS on the overall development of their platform,” said Fred Elleman, CEO and Founder of Applied Information Sciences. “We believe eDOORWAYS will help usher in the future of the Internet, and open up a host of options for America’s small businesses. We are very happy to play a part in this and may look to play a greater role in the future should things continue go well.”
Building a platform that can effectively serve the lifestyle of future generations seems to be a unique challenge because it involves visualizing how people are going to live their lives in the future and designing an environment that empowers them now for that future. Yet, people close to eDOORWAYS strongly believe that AIS is the one firm that can indeed bring reality to the unique technical challenge of making the platform extremely powerful yet easy to use; in turn, very profitable.
We are hard at work delivering our message to the city of Austin, TX, regarding the unveiling of our first doorway, “SOLVE.” While much attention has been given to the actual event, our efforts extend well beyond filling the ballroom at the AT&T Executive Education and Conference Center with able bodies October 1st.
Our marketing focus for the event is primarily on the first wave of businesses and consumers needed to register for use beginning October 2nd. With the support of the Austin Chamber of Commerce, eDoorways has reached out to over 2,400 chamber members via direct mail campaigns. We have also started advertising on the Chamber’s website and newsletter, which reaches over 10,000 local businesses as well as other local business networking sites. Efforts have included individualized campaigns to over 3,000 small businesses in the Austin area and thousands of young adults within the Austin’s college community; alerting them of the unique opportunities eDoorways will offer once fully operational.
eDoorways is also slowly phasing in traditional media outreach as we anticipate being ready for the Austin consumer markets within 90 days of the initial soft launch phase. However, we have already embarked on a social media campaign on Twitter, Facebook, and LinkedIn, to raise general awareness of eDoorways and our services for consumers, targeting “Net Geners” in addition to the business community.
“The strategy is to save our fire power on ‘traditional’ commercial marketing, such as print, outdoor, radio, television, etc., until the platform moves into the upper phases of its soft launch and is ready for consumer input,” states Kristen Claflin, our Brand Marketing and Site Monetization Strategist. “This is why there is and will continue to be greater emphasis on the attraction of business by way of online advertising and extremely aggressive direct marketing, aimed at not only bringing businesses to the unveiling event, but to pre-sign those businesses for future service after October 1st.”
The approach we are taking to marketing the event in relation to the soft launch of our first doorway is a tactical one. Considering the soft launch has been planned to occur in phases, beginning with its unveiling October 1st where we will begin with presenting the functionality of the SOLVE doorway, conserving precious marketing dollars meant for consumer assimilation is key. When the soft launch is in its final stage and the platform is in full service allowing the businesses and consumers of Austin to begin working together in real-time to solve problems and conduct business within the SOLVE doorway, a full out marketing assault will commence. This is the primary reason for the direct marketing campaigns currently employed by us; to rapidly move the SOLVE doorway through the soft launch phases by delivering local businesses to the platform. In the next coming week, Gary Kimmons is scheduled to personally visit small business owners in the Austin area with the intent to encourage them to attend the unveiling event, educate them as to what eDoorways means to the future of the internet as well as small business and ultimately secure new membership.
“With the launch of the ‘SOLVE’ doorway around the corner, the eDoorways team has been actively engaging the Austin community, both business and consumer with the current emphasis on business,” said Mr. Kimmons. “We’re making sure we have the necessary components in place to properly circle the welcome wagons, roll out the red carpet, and swing the doors open wide to ingratiate ourselves to the community here and unveil the initial phase of our soft launch of SOLVE in high style.”
To date, we are already fielding various job requests, pre-signing inquiries and service offerings. Demand for the event is also high as registration is rapidly filling up. The hotel block we initially established has required adjustment as registrants quickly filled the block to capacity. Local media is expected to be onsite and we anticipate a full house come Thursday, October 1st.
“This is an extremely exciting time for eDoorways,” said Mr. Kimmons. “Our mission is to empower both consumers and small businesses by allowing them to connect with one another in the simplest way possible. We believe we will roll through the phases of the soft launch and into the beta form of the platform rather quickly. We intend to have a few weeks where our prospective audience can get familiar with the current GUI as it builds; allowing us to make adjustments though their participation and feedback. We will then invite them to be among the first formally signed up onto the platform before fully opening the doors to consumer interaction. We expect to announce and launch the fully functioning beta version soon after completion of the soft launch phases.”
A key article was published Friday that points to a major shift in advertising placement. It’s “must” reading for anyone interested in how eDOORWAYS and our PowerKeys economy may fare in the emerging advertising and marketing environment.
We anticipate that our October 1st unveiling of “SOLVE” will be as entertaining as it is educational. With the company settling on celebrity or media personalities to host the event, entertainment, menus, etc., the introduction of “SOLVE” should be rather impressive; especially for a smaller company. However, what is likely most to impress the audience is the strong support eDoorways will demonstrate.
“We are not alone,” stated Gary Kimmons, Chairman & CEO of the eDoorways Corporation. “Come Thursday, October 1st, 2009, it will become evident that our company is surrounded by real, dedicated professionals who are well respected, highly intelligent and extremely motivated to push eDoorways forward and bring our ‘real-time’ platform to market.”
It is expected that Kimmons will be joined on stage by Real Time Data and Bluestone Partners, two of the technology firms that have greatly contributed to the development of the SOLVE doorway. Representatives from these firms will assist Gary Kimmons in providing a compelling demonstration, answer questions and provide technological insight into where the platform is today as well as tomorrow’s greater possibilities.
With the “SOLVE” doorway planned to soft launch in phases, the final phase is expected to complete within 90 days of the initial unveiling October 1st. The company intends to roll through the phases of the soft launch and into the beta form of the platform rather quickly with a view on intense and practical focus group testing and adjustments based on feedback prior to a fully functional version hitting the market.
Participating technology teams and specialists appear fully confident in the overall development of what could potentially become the first true “real-time” business to consumer internet platform. People close to the company continue to express extreme enthusiasm and are very impressed by the positive reaction the city of Austin has demonstrated.
eDoorways will enlist a News 8 Austin favorite as our host for the unveiling event and we will receive a hand from a familiar face in reporting.
We are continuing our search for Austin entertainment to keep the tempo upbeat at our October 1st unveiling of “SOLVE”. We have found the event’s primary energy source in media and television personality, Amy Hadley, who is now set to host and emcee the event.
A recipient of many honors, awards and nominations, including the Lone Star Emmy nomination (Texas Emmy Chapter) for her specialty reporting and human interest series “Fit for Friday”, Mrs. Hadley is a well respected media personality in Austin.
“Whether Co-hosting Austin City Limits Backstage Pass, being the live reporter for the News 8 Austin’s Morning live show, or occasionally filling in as an anchor for the network, Amy Hadley is a face everyone knows in Austin,” stated Gary Kimmons, Chairman & CEO of eDoorways Corporation. “My job and that of our technology teams is to deliver a highly compelling demonstration of what may become the web’s first true ‘real-time’ platform. Keeping the audience smiling, laughing and motivated, especially an Austin crowd, can only be accomplished by one of Austin’s favorite women. I know Amy is going to bring such a spark and commercial appeal to this event, eDoorways will be the benefactor of her brand well after the unveiling of “SOLVE.”
Another interesting add-on is that of Jennifer Hoffman, a national television and media personality who will be on hand bringing her own dynamism to the event. Jennifer has reported for NBC News, OK! Magazine and “Good Morning Arizona” on KTVK, co-hosted “Destination TV” on ABC, has appeared on a multitude of national shows including Oprah & Friends and has sat across the board room table from Donald Trump on “The Apprentice.” Now, as the face and main anchor of QualityStocks News, Ms. Hoffman will work the room during the “SOLVE” unveiling gala in Austin, TX, bringing news of the event straight to the investing community.
People close to our company believe that while the event itself will not have an impact on the success of the “SOLVE” demonstration, the exposure eDoorways is receiving within Austin has significantly increased the possibilities of the company signing up hundreds of businesses prior to a fully functional version of the platform being released. Adding the charisma of a familiar face [Amy Hadley], the possibilities of our company’s exposure and appeal to the people of Austin, if even for just this event, has increased greatly.
Confidence and excitement continues to build in and around our company as the “real-time” business to consumer internet platform is prepped for its day on stage.
The unveiling of “SOLVE” marks the first phase in the soft launch with much fanfare given at our spectacular unveiling event.
We delivered a truly compelling demonstration of our platform as the company pulls out a major win with the successful unveiling of our first doorway, “SOLVE.” With the assistance of the very pleasant and witty Amy Hadley, Gary Kimmons gave an audience comprised of eDoorways’ shareholders, Austin business owners and other interested parties, a preview into the “SOLVE” doorway.
“I’m completely overwhelmed by the turn out of supporters,” said Kimmons. “This is indeed a milestone for this company. Considering our position in early 2008 vs. where we are today, if there is any question as to the validity of our existence, simply take a look at what we’ve done here tonight. It’s pretty impressive.”
With a mini concert sized production, the unveiling event provided attendees with an incredible ambiance. Inside of a brilliantly decorated ball room, where even the main audience seating was arranged in the likeness of the company logo, spectators enjoyed food, drinks, networking and from one of the two stages, grooved to the sounds of Austin’s own growing sensation, T-Bird And The Breaks.
Throughout the presentation, Kimmons was joined by several of our consultants and technology developers. Social media consultant, Ann Collins, who grew the company’s twitter following from 200 to 10,000 followers within 30 days spoke on the importance of the social media and networking community and its influence on the company’s rapidly growing popularity. “SOLVE” contributing technology teams, Real Time Data and Bluestone Partners, assisted Amy Hadley with her “real-time” interactions on the platform – and the “LEARN” doorway intelligent technology developer, Jack Crosscope (creator of SmartOne Technology) briefly described the vision and direction of the second doorway. One of the highlights of the demonstration came from Ian Mitchel, who demonstrated the eDoorways “Apps” for the Apple iPhone as well as the “EC Device” – a space age wireless earpiece with an onboard camera and one inch monitor that comes across the eye. The EC Device is to ultimately enhance eDoorways’ “real-time” interaction by allowing users to view and stream video content, hands free, through a mobile device, from a first party perspective, anywhere in the world.
The presentation, which can be viewed online within the next business day, wrapped with acknowledgments to the Greater Austin Chamber of Commerce (Tony Shum attended) as well as other key contributors to the event. The warmest acknowledgment went to the company’s lead consultancy group, AJENE WATSON, LLC, to which Kimmons attributes much of company’s progress, growth and future success.
“The business development division of our firm is very particular about the deals we commit to,” said Ajene Watson, Managing Member of the AJENE WATSON, LLC. “Like with eDoorways, we engage in long term relationships with our clients; generally 15 months minimum. We come onboard with the only expectation being, we will roll up our sleeves, dive into the trenches and work diligently to deliver every available resource to our clients, in the upmost responsible manner. We strongly believe in the future of eDoorways and the grand vision of Gary Kimmons, and despite the trials and tribulations that can often become daunting to a small company, we will not ‘cut and run.’ It took some time to get eDoorways to this unveiling event and it will take a little more time to move through the phases of the soft launch and arrive at a fully functional version of the platform, but, eDoorways will arrive.”
People close to our company were elated by the success of the unveiling event and believe the future for the company has been revealed by this evening. Kimmons garnered lots of attention as he and his team wowed the audience, exciting ongoing applauds throughout the presentation.
The day after a spectacular unveiling of “SOLVE,” eDoorways continues to prove our dedication to greater achievement by filing our 10K audit.
Weannounced that on Friday, October 2, 2009 we successfully filed our 2008 10K Audit. With the unveiling of “SOLVE,” and the 10K filed, eDoorways is now a step closer to completing the phases of our soft launch as well as posturing for a greater exchange, such as the OTCBB or NASDAQ-SC. Our company will now maintain keen focus on the remaining quarterly filings.
With no apologies for the time taken to complete the company’s 10K Filings, Mr. Dan Bensimon, eDoorways’ Senior Financial & Accounting Specialist, stated, “While it certainly took longer than even I estimated to complete the company’s audit, the attention paid to detail in this instance was crucial to the financial health of the company and should pay dividends to its future. Over the past several months I’ve had an opportunity to work with a dedicated group of professionals whose intent it seems is to build eDoorways, its products, services and business model into an ongoing concern. This simply cannot be accomplished with any aspects of their books ever in question. Today, I believe we’ve taken care of any open issues and have laid the groundwork for a new financial discipline to be enacted and followed by the company.”
In order to be considered “fully” current, eDoorways must at least file the 1st and 2nd quarter Q’s. However, the 3rd quarter filing also requires completion within this fourth quarter of 09’ in order for us to achieve and/or maintain a current status. We are intently focused on completing all of our quarterly filings within the year.
“We continue to consistently prove to our shareholders, investors and other onlookers that our team is seriously dedicated to all tasks,” stated Gary Kimmons. “Not only will we diligently strive daily to produce disruptive ground breaking technologies and services for the web, but equally seek to build a real, respectable and profitable company.”
People close to our company are excited by the success of the unveiling event and equally as pleased with the filing of the 10k the very next day. Continuing to be amazed by the company’s tenacity and the positive reaction from the people of Austin, supporters strongly believe that a bright future is eminent for eDoorways.
The SOLVE site unveiling has quickly peaked the interest of Austin-based businesses. Well over 100 businesses have signed-up to participate in the remaining phases of the platform’s soft launch. Quickly approaching 200 registrants, including some consumers, the company now has hard evidence of its target audience’s interest.
“The question of whether or not small businesses will be interested in the “SOLVE” doorway has clearly been answered,” stated Gary Kimmons. “The majority of the sign-ups occurred over the weekend and through yesterday evening. If in just three days we’re approaching 200 sign-ups for the purpose of completing the phases of the soft launch, I can only imagine what we’ll look like by the time we’re ready for full consumer interaction in 90 days. Evidence of the potential critical mass is brewing.”
eDoorways initiated a grass roots campaign reaching Austin based businesses and “net gener’s” to introduce the platform at the unveiling event. Using an array of social media forums, direct mailings to thousands of small businesses, street canvassing, videos, radio, outlets provided by the Greater Austin Chamber of Commerce and public forums, eDoorways garnered the attention needed to not only have a well attended event, but to also cause genuine interest from the people of Austin.
With over 10,000 followers on Twitter, Facebook fans increasing daily and overwhelming correspondences through the corporate blog and email, eDoorways is poised to continue signing up hundreds of businesses prior to consumer interaction.
“We’re just getting started with our marketing roll out plan,” stated Kristen Claflin, Brand Marketing and Site Monetization Consultant for eDoorways. “Within this remaining quarter, there will be a noticeable increase in marketing efforts within the Austin area with an emphasis toward small businesses.”
Sources close to the company were surprised to find so many businesses signing up so quickly and they expect the number to continue growing weekly. Should businesses continue to sign up at this rate, a couple of thousand users could be up and ready to engage in “real-time” interactions through the fully functioning consumer ready version of the platform by year end.
eDoorways will produce a series of video vignettes aimed at promoting the eDoorways platform, educating our target audience on the functionality and uses of our doorways as well as communicating our progress to shareholders. Beginning with, “What is eDoorways?,” we will produce at least one video vignette each week for the next several weeks.
“Now that we’ve proven to have the interest of our target audience, we intend to strengthen the relationship by continuously providing information through a much more dynamic vehicle,” stated Gary Kimmons. “The video vignettes will provide shareholders and early adopters a view into the company that press releases may not communicate. We want our supporters to remain informed, educated and entertained.”
Borrowing from the promotional clips we originally produced to market the successful unveiling of “SOLVE,” Gary Kimmons and Amy Hadley (a television host and producer from Austin) join once more to produce the first series of video vignettes. With close to 200 registrants, over 10,000 Twitter followers, hundreds of Facebook fans and thousands of shareholders, eDoorways has no shortage of interested people to communicate with.
People close to our company believe that the video vignettes will do extremely well in not only communicating with current eDoorways supporters, but in gaining the interest of other potential shareholders and early adopters of the platform.
We had the successful unveiling of our “SOLVE” doorway covered in the October 9, 2009, edition of the Austin Business Journal. In that issue, Staff Writer Christopher Calnan penned an article called “New way to link shops, customers debuts; Vying for business via instant messaging.” Calnan was present at the Austin, TX, unveiling of the “SOLVE” doorway, about which he said, “At its most basic, Solve is an online tool that enables consumers to send instant messages to several businesses at once to get them to compete with each other on prices.”
He was also impressed with the performance of Gary Kimmons. “Gary Kimmons hit the stage in Austin last week, channeling Apple Inc. CEO Steve Jobs, to launch a new online tool developed by Kimmons’ company, eDoorways Corp…,” stated Calnan. “Looking like someone dying to tell a long-held secret, he revealed to the audience of about 165 the company’s product called ‘SOLVE.’”
To read the article in the Austin Business Journal visit http://austin.bizjournals.com/austin/stories/2009/10/12/story5.html (you will need a membership to read the full article).
Part Two in a Series of Vignettes Being Filmed to Help Audiences Better Understand the eDoorways’ Business Model and Services
We have released the second in a series of video vignettes aimed at introducing eDoorways’ platform, educating our target audience on the functionality and uses of our doorways, as well as communicating our company’s progress to shareholders. The new video titled “The ‘SOLVE’ Doorway,” follows the successful unveiling of this product to the general public in Austin, TX, on October 2, 2009.
Appearing again with Amy Hadley, a television host and producer from Austin is Gary Kimmons,. Mr. Kimmons explains in the video that, “‘SOLVE’ is all about the premium connection that we [eDoorways] make between people who have a need, that is the consumer, and the providers of those goods and services who are looking to meet those needs. So, it’s all about making that connection work as smoothly as possible by connecting real people with real solutions.”
In discussing the video, Mr. Kimmons stated, “The ‘SOLVE’ doorway video, like all of the video vignettes we are producing, is designed to educate our shareholders and future shareholders, those interested in adopting our technology, as well as members of the media in ways that traditional press releases do not do. The impact that a video has on people is usually much stronger than just the written word. And as a company in the technology field, we believe strongly in using the most appropriate methods for reaching our target audience. For that reason, we will be producing further vignettes in the future, about one a week, to keep our investors, customers and the media fully informed of our progress.”
Mr. Kimmons believes that in Austin, TX alone there are 15,500 small businesses that would make prime eDoorways customers. He also believes that critical mass for SOLVE in the Austin area is only around 300 users, noting at the same time that more than 100 businesses had already signed up for use of the product within the first 72 hours following the unveiling of the SOLVE Doorway in Austin, TX on October 2, 2009. To date, 183 businesses, have signed onto eDoorways to participate in the remaining phases of the soft launch.
We have increased the prospect of our service offering reaching an even broader audience through a letter of intent we have signed to purchase the mobile device technology and services of a development team from Ian Mitchell of Universal Design Technologies, Inc. eDoorways will operate our acquisition as a wholly owned subsidiary.
The technology to be purchased supports what eDoorways calls the “eC Device.” The eC device will supplement smart phones, providing eDoorways’ service through real-time mobile video interaction.
Mr. Mitchell describes the “eC Device” (the first conceptual iteration of the device was displayed at the unveiling) as a first-person perspective, video transceiver resembling an earpiece with a video display lens that goes over the eye, projecting images to the user. The eDoorways subsidiary plans to develop the eC Device for market consumption as well as provide platform integration of smartphones for the iPhone OS, Android OS, and RIM Blackberry OS. The eC Device is intended to augment a user’s experience on a mobile handset – providing “Performance Support.”
An Austin-based entrepreneur, Ian Mitchell’s accomplishments stem from a successful real estate career borne from construction, architecture and engineering. However, his genius is firmly planted in biomedical and interface technologies. Aside from his co-founding role at M&M Biomedical Corporation, Mr. Mitchell is the President of Universal Design Technologies, Inc. Through Universal Design Technologies, Inc., Mitchell has contributed to the type of human interactive devices and motion control systems in the market today.
Gary Kimmons said, “The addition of Ian’s technology to eDoorways enhances our ability to bring the web to the user regardless of where that user is. The eC Device complements our various doorway offerings by making the real-time web options eDoorways provides accessible to anyone anywhere.”
In exchange for eDoorways’ preferred stock, Ian Mitchell will deliver to eDoorways $240,000 in cash. This exchange will allow eDoorways to own and produce the “eC Device,” operate the subsidiary with an unlimited exclusive right to license its [subsidiary] patents. In addition, the Company will get 80% of the proceeds received by Mr. Mitchell for the next 3 years as a result of patents and devices related to motion control systems as it pertains to a pending European license with a developer of medical devices. Also, Mr. Mitchell will join the eDoorways Board of Directors.
Ian Mitchell said, “I believe that the eC Device and the vision of eDoorways will create a synergy capable of making person-to-person interactions via the web more powerful, more useful, more human and available in ‘real-time.’ Currently, the computing world is undergoing a significant shift toward mobile computing. In Latin America, for example, the ratio is roughly 5 mobile device users for every desktop, fixed-point user. The future of the web is mobile, and eDoorways plans to take full advantage of this paradigm shift. The eC Device will play a significant role in our future strategy.”
Gary Kimmons added, “By adding Ian to our board, we are also acquiring a technological expertise that will prove invaluable to our future growth. He has the wide range of understanding you’d expect from someone who studied both music and chemistry in college. He has been an architectural consultant, worked in conjunction with NASA and was a core innovator in diagnostic devices focusing on chromatographic spectroscopy. He is one of those people who knows where technology is going because he is one of the people taking it there.”
People close to our company welcome this acquisition as it will support worldwide acceptance and use of the eDoorways service offering, regardless of which doorway is accessed, increasing and diversifying our company’s revenue streams.
We have released our “Benefits to Small Businesses” video vignette. This is the third in a series of video vignettes aimed at introducing eDoorways’ platform, educating our target audience on the functionality and uses of our doorways, as well as communicating our progress to shareholders.
In this video, Gary Kimmons explains that “The objective of eDoorways is to allow the small businesses that may have limited resources to make the best use of those resources so that they can compete with the big guys.”
eDoorways believes that of the approximately 15,500 small businesses operating in Austin, the majority of them would make prime eDoorways business customers. With well over 200 businesses currently signed up since we launched our first phase of the “SOLVE” doorway soft launch with the unveiling event on October 1, 2009, eDoorways is quickly moving into the remaining phases.
“The process of forming the SOLVE focus groups is kicking off this week with a survey to be emailed to all businesses, consumers, and experts who have signed up with eDoorways,” says Ann Collins, the company’s Social Media Marketing Consultant and Project Manager for “SOLVE.” Collins continues, “The focus groups for this phase will be formed quickly allowing the company to receive feedback from members on the new user interface within a couple of weeks.”
“Now is the time where functionality will be measured,” stated Kimmons. “If third round modifications are required, we will take this opportunity to acknowledge all suggestions and quickly make the necessary adjustments and enhancements.”
Provided the feedback received requires minimal changes, eDoorways foresees bringing a fully functional consumer version of “SOLVE” to market much sooner than anticipated. Should this be the case, we intend to immediately launch our beta version of the “SOLVE” doorway, possibly setting a date prior to year end.
People close to our company believe eDoorways to be in a position of strength, making it extremely plausible to not only roll through the remaining phases of the soft launch quickly, delivering a consumer version of “SOLVE” in December, but possibly launching a beta version of the platform by year end as well. As Gary Kimmons alludes to at the end of the unveiling presentation, the company has been and will continue to be capitalized; he foresees no problems with completing the company’s mission.
As it pertains to the company’s financial health, Mr. Dan Bensimon, Senior Financial & Accounting Specialist, offers the following. “Through today, the company has raised an additional three quarters of a million dollars through friendly sources as necessary to attain the company’s soft launch goals. It has also attracted the services of very talented technology and other professionals to build the platform and manage and finance the company through the issuance of approximately $500k in restricted stock. The company has meticulously managed and dedicated all of its funds to the development of both the platform and company. With the continued assistance of current financial resources, along with the new financial sources identified for future financing, eDoorways should have the financial capacity to bring the beta version of the platform to market.
With close to $1.5 million additional dollars raised, the company does not seem to be at risk of missing any set milestones; and should the video vignettes continue to make a splash, by the time the consumer and/or beta version of “SOLVE” is released this year, sources close to the company believe there will be over 1,000 users signed up – ready to begin engaging in “real-time” interactions.
You can view the video “Benefits to Small Businesses” here.
The prominent international organization ISTEC has asked eDoorways to demonstrate our platform and speak on the advances made in education through our intelligent learning solution, “LEARN.”
We have received a great honor as eDoorways is scheduled to present at ISTEC’s (Ibero-American Science and Technology Education Center) 17th annual General Assembly, held the week of October 26 – 30, 2009, on the Campus of the University of New Mexico (UNM) in Albuquerque, NM – USA. The theme for this year’s General Assembly Is, “Using Technology to enable Collaboration, and Collaboration to Advance Science and Technology.”
Gary Kimmons said, “This is one of those rare opportunities. Where a growing company like eDoorways has the chance to get on the ‘big stage’ in front of groups like Sun Microsystems, Hewlett Packard, National Instruments, Institute of Electrical and Electronics Engineers, Charles Darwin Research Station and the World Bank, all members of ISTEC, mainly because we’ve been recognized for the possibilities we bring to society through our innovative platform, doorways and learning solutions.”
ISTEC’s board of directors extends this invitation at the behest of its founder Dr. Ramiro Jordan.
ISTEC, founded in 1990 as a spinoff of UNM, has become one of the largest non-profit consortia in the Americas dedicated to improving the quality of life through education throughout Latin America, Spain and Portugal. Harnessing the strength of its 20,000 faculty and staff members, ISTEC is able to deliver curricula on science, technology, engineering, math, R&D and entrepreneurship to 120 universities and 18 million online users throughout Latin America and other parts of the world.
“This year’s theme for the General Assembly, ‘Using Technology to Enable Collaboration and Collaboration to Advance Science and Technology’ speaks directly to eDoorways’ business,” states Kimmons. “We are utilizing the web to foster collaboration between people. Whether it is matching a buyer and seller or creating educational opportunities through ‘LEARN,’ the foundation of eDoorways is the collaboration of people to achieve common goals with mutually rewarding outcomes in ‘real-time.’”
Dr. Ramiro Jordan said, “ISTEC is dedicated to the improvement of international collaborations in science and technology and the development of human capital, the cornerstone of which is education. We see eDoorways as a powerful way to utilize the Internet in pursuit of our objectives. eDoorways has a platform that uses social networking in two areas of great interest to ISTEC. The first use is for social entrepreneurs, those people who are going to lead social progress in the region. The second is for commercial entrepreneurs, those who are going to start and grow the businesses of the 21st century that will create the jobs and other opportunities needed.”
He adds, “In the area of education, being that the ‘LEARN’ doorway is premised on an already proven technology, it is expected that eDoorways will aid tremendously in our delivery of educational tools and courses to our users.”
The City of Albuquerque and the Albuquerque Hispano Chamber of Commerce support the General Assembly event, linking eDoorways directly into the power source of another growing city.
Sources close to the company believe ISTEC to be a vehicle for the advancement of education and development of generational wealth in the Americas and Iberia, which allows eDoorways great opportunity, especially where it concerns its second developing doorway, “LEARN.” With an opportunity to grace the world stage, eDoorways expects even greater visibility for its “real-time” web 3.0 platform and “SOLVE” doorway.
About ISTEC
ISTEC is a non-profit organization comprised of educational, research, industrial, and multilateral organizations throughout the Americas and the Iberian Peninsula. The Consortium has been established to foster scientific, engineering, and technology education, joint international research and development efforts among its members, and to provide a cost-effective vehicle for the application and transfer of technology.
eDoorways will be playing an integral role at the Ibero-American Science and Technology Education Center (ISTEC) XVIIth annual General Assembly, held the week of October 26 – 30, 2009, on the Campus of the University of New Mexico (UNM) in Albuquerque, NM – USA. In addition to co-sponsoring the event, officers of eDoorways will present keynote presentations on Tuesday, October 27, and Wednesday, October 28.
Gary Kimmons said, “This is a very important event for ISTEC and for eDoorways and the beginning of a partnership between us. The theme for this year’s General Assembly is, ‘Using Technology to Enable Collaboration, and Collaboration to Advance Science and Technology.’ As it happens, that is exactly what our LEARN and SOLVE Doorways can help bring about. We foresee a genuine symbiosis here with eDoorways providing the platform for ISTEC’s educational efforts and ISTEC aiding eDoorways with access to new clients in Latin America and Iberia.”
On Tuesday, October 27, Mr. Kimmons, Jack Crosscope, who developed the LEARN Doorway, and Ian Mitchell, who is selling his video technology to eDoorways and joining its board, will offer a presentation titled “The Next Generation Environment for Education and Social Networking.” During the speech, they will cover the state of Latin American education, education and global steering currents, and the educational implications of social networks. The speakers are developing a web-based international platform that takes these factors into consideration to create a very powerful new environment fostering ground roots innovation, creativity and entrepreneurship. As part of the program, they will present the salient aspects of the eDoorways 3.0 platform to the General Assembly.
On Wednesday, October 28, Mr. Kimmons’ presentation is called “Taking Higher Education to the Next Level.” Joining him will be Professor Walter Bumphus of the University of Texas at Austin, who currently serves as a professor in the Community College Leadership Program and as chair of the Department of Educational Administration at the University of Texas at Austin. He also holds the A. M. Aikin Regents Endowed Chair in Junior and Community College Education Leadership.
They will address the principle issues confronting higher education in Latin America, including the emerging dynamics and their implications to educational administrators. These dynamics will be taken into consideration as the speakers offer a recommended success path for faculty, staff and students. In addition, the need for fostering grass roots innovation and creativity will be discussed and a possible solution offered in the form of a new web-based environment the speakers are creating called eDoorways – a Web 3.0 ecommerce and social networking platform that aims to give Latin America a clear path to the future.
Dr. Ramiro Jordan, founder and executive vice president of ISTEC, stated, “The value of eDoorways’ platform to the future of education worldwide cannot be stressed enough. It offers ISTEC’s members a way to leapfrog education into the 21st century with a minimum of expense. We believe that this platform is ideally suited to ISTEC’s purposes and needs, and therefore, we will be working with eDoorways very closely long after the XVIIth General Assembly is over. Next week, Gary and I will be discussing ways to make the partnership between ISTEC and eDoorways a productive and intimate one.”
Mr. Kimmons concluded, “This partnership with ISTEC offers eDoorways access to the 18 millions users who are part of the ISTEC Consortium, which includes 20,000 faculty and staff at over 120 universities in the region. The commercial potential for eDoorways is immense as we are working to become the preferred platform for this universe of students and academics.”
About ISTEC
ISTEC is a non-profit organization comprised of educational, research, industrial, and multilateral organizations throughout the Americas and the Iberian Peninsula. The Consortium has been established to foster scientific, engineering, and technology education, joint international research and development efforts among its members, and to provide a cost-effective vehicle for the application and transfer of technology.
eDoorways discussed the “LEARN” doorway and demoed its eC Device as part of the Company’s presentation at the Ibero-American Science and Technology Education Center’s (ISTEC) XVIIth Annual General Assembly on the Campus of the University of New Mexico (UNM) in Albuquerque, New Mexico, USA. The presentation on Tuesday, October 27th, was so popular that the 200 people in attendance from various parts of Latin America, Spain, Portugal and the US requested a second demonstration on Wednesday, October 28th.
The theme of this year’s General Assembly is “Using Technology to Enable Collaboration, and Collaboration to Advance Science and Technology.” Speaking to this theme was the Founder and Executive Vice President of ISTEC, Dr. Ramiro Jordan. Also speaking was Dr. David J. Schmidly (President of UNM), Martin J. Chavez (Albuquerque, NM Mayor) and Dr. Mauro Miskulin (ISTEC President), amongst other esteemed educational, political and corporate guests. Invited to introduce eDoorways was the company’s lead consultant Ajene Watson, Managing Member of Ajene Watson LLC, a private lending and financial business development and management firm which has been working closely with the company.
In his introduction, Watson said, “The essence of technology is firmly rooted in the soil of education. From a rich earth of knowledge, anyone can become empowered. However, one empowered man can do very little all by himself. Collaboration must occur – and only from exhaustive and truly objective collaboration can we actually continue to positively advance as a society.”
Gary Kimmons, CEO of eDoorways, then spoke about the overall progress of eDoorways and why it is eDoorways is the perfect partner to collaborate with ISTEC. He said, “The purpose of eDoorways is to make the connection between teacher and student, customer and vendor — between any group of individuals who need ‘real-time’ contact to achieve a common purpose. If you think about it, that’s really everyone.”
Dr. Jack Crosscope, the developer of the highly praised SmartOne technology, followed Mr. Kimmons, giving a oral and written presentation, taking the audience though the possibilities of using the “LEARN” doorway to create courses in a collaborative effort, teaching through the learning technology, and the ease in learning as students.
Lastly, Ian Mitchell demonstrated the eC Device through a video that eDoorways shot, with the focus again on collaboration. The video, produced in Spanish by up and coming film producer Marton Varo, Jr., depicted Person A in one country attempting to dig a well, and he runs into a problem. From an iPhone, Person A presses his eDoorways App and searches for someone to assist him in “real-time” through the eDoorways platform. Another eDoorways user, Person B who is pinged, returns the ping connecting him directly to Person A. Person B then offers to help the individual dig the well at that exact moment in time.
Mr. Mitchell explained, “Person A, who is wearing the eC Device is able to show Person B exactly what they are seeing and doing in ‘real-time.’ Person B is then able to provide relevant instruction to Person A. Person B is also able to port over a video (viewed either on the iPhone or though the eC Device’s eye piece) of a well that had been built by another group previously, thus giving Person A an even clearer understanding of what is required to accomplish the goal of digging the well.”
Dozens of people, some who spoke little English but armed with translators, surrounded Dr. Crosscope and Mr. Mitchell for their specific disciplines. People close to the company who attended the event believe the general excitement causing the audience to congregate around eDoorways was due to the understanding of what the combination of LEARN, the eC Device and the general platform of eDoorways could mean for education, business, medicine and law enforcement, both domestically and internationally.
Dr. Ramiro Jordan stated, “The overall presentation was a great success. eDoorways became the belle of the ball with its presentation. This is why we requested that eDoorways repeat their demonstration on Wednesday. It was equally well-received, helping to create potential partnerships for deployment of the environment in various academic institutions. I anticipate that a significant partnership between ISTEC and eDoorways is brewing and may possibly take off quickly.”
Sources close to the company suggest that a marriage between the two groups would not only prove invaluable to the work of ISTEC members, but will instantly link eDoorways to a market of well over 18 million online users.
About ISTEC
ISTEC is a non-profit organization comprised of educational, research, industrial, and multilateral organizations throughout the Americas and the Iberian Peninsula. The Consortium has been established to foster scientific, engineering, and technology education, joint international research and development efforts among its members, and to provide a cost-effective vehicle for the application and transfer of technology.
eDoorways announced today that Grass Roots Research and Distribution, Inc. has published a report profiling eDoorways Corporation. The report, which was commissioned and paid for in cash–in full by eDoorways, focuses on the company’s current and future development initiatives.
Led by Paul Cohen, Grass Root Research and Distribution, Inc., is one of Wall Street’s leading independent research firms. As the founder of the Bear Stearns Western Regional Offices, Paul Cohen was one of the original 12 Dirty Dozen analysts regarded by many to be the top 12 security analysts in the nation. Mr. Cohen was also the West Coast Senior Vice President of CBWL-Hayden Stone-American Express. Over the years, Mr. Cohen’s partners included Sanford Weill, the past Chairman and CEO of Citigroup and the past Chairman of Solomon Smith Barney, as well as Arthur Levitt, the past Chairman of the Securities and Exchange Commission (SEC).
Grass Root Research and Distribution, Inc., includes nine PhDs (three
with MDs), two MDs, six CFAs, three CPAs and 21 analysts covering most industries.
We announced today, that due to our success in nearing the early completion of the soft launch phases, which began with the October 1stUnveiling of “SOLVE” – expected completion prior to year end, we will move to release the platform’s Beta 1.0 version of the SOLVE doorway in mid-December.
“This will be the functional ‘SOLVE’ that our shareholders and the online users have been asking for,” said Gary Kimmons, Chairman and CEO of eDoorways Corporation. “We have never been more happy than now to finally meet their request as Beta 1.0 will speak to the very core of what we all ultimately desire to see and achieve.”
Beta 1.0 contains enhancements and modifications resulting from focus group feedback along with the input from various professional development consultants. Its base functionality will include such features as real-time chat between consumers, small businesses and advisors. It will also give solution providers and advisors free initial access to PowerKey usage. While anyone will be able to visit and use the site, its primary objective is to allow those who have signed up for “SOLVE” to try it out and to jumpstart the full Austin launch.
As the second operational version of “SOLVE”, and first version fully accessible by the general public, Beta 1.0 will also give interested developers of relevant API’s a chance to begin introducing their software as value-added functionality. This becomes an important development consideration as functionality will be added on an ongoing basis as we increase the robust nature of our service offering.
Mr. Kimmons also said, “The Beta 1.0 release is particularly intriguing because it hints at an even greater picture of an emerging global service offering. Beta 1.0 will set its sights on the heart of the SOLVE brand, which is the establishment of premium real-time connectivity between consumers and solution providers. Subsequent beta version releases will build on this feature and will lead to more robust functionality in a relatively short period of time.”
Sources close to the company indicate that eDoorways has three additional versions slated for release during 2010: Beta 2.0, Beta 2.5, and the platform’s “SOLVE” Version 3.0.
Mr. Kimmons concluded, “In all of its incarnations, the “SOLVE” doorway’s purpose is all about helping people who have a need to make “real-time connections with those that can immediately meet those needs. As “SOLVE” evolves, that connection will become easier, faster and more valuable.”
At our request, Ajene Watson LLC’s Lending Division is likely to boost our original $500,000 line of credit.
eDoorways, which in 2009 has raised approximately $1.25 million seeks to secure additional capital by increasing the current revolving credit facility in place with AJENE WATSON, LLC. The initial credit facility of $500,000 was established January 2009 for which the company pays an interest rate of prime plus 2%.
Gary Kimmons, Chairman and CEO of eDoorways Corporation, said, “Our strategy has always been to fund only as we need it, with the funds pre-arranged from the best available source. The original $500,000 line of credit was sufficient when we established it back in January, but our business has grown quickly, and our need for short-term liquidity has grown as well.”
Ajene Watson, Managing Member of AJENE WATSON, LLC, a private lending and financial business development and management firm, stated, “eDoorways has made immense progress in the last few months. We believe there is good merit in Mr. Kimmons’ case to expand the credit facility. We’re fairly confident we will see a successful delivery of ‘Beta 1.0’ in December, therefore supporting our belief that an increase in the company’s current line will be a well placed endeavor.”
Watson continued, “The credit facilities we generally offer, whereby the company is a client of the business development and management division of our firm, are normally non-dilutive. These finance vehicles do not require registrations or collateral stock of any kind to secure the transactions and the company has the option to repay us in cash within a reasonable timeframe and without a prepayment penalty.”
Sources close to the situation indicate that based on the strong working relationship between the two companies, it is expected that the revolving credit facility could possibly be increased by at least an additional $1 million.
We announced today that AJENE WATSON LLC’s Lending Division has boosted our original $500,000 Line of Credit 300%. We will receive a $1.5 million addition to our existing $500,000 credit facility following successful negotiations with the lending division of AJENE WATSON LLC, bringing the total available in the company’s revolver to $2.0 million.
Gary Kimmons said, “With the increase in our revolving line of credit, we believe we now have sufficient liquidity to not only bring our business plan into action at an accelerated pace but also to support the forward progress of complementing our endeavors.”
Ajene Watson, Managing Member of AJENE WATSON, LLC, stated, “The expansion of the credit facility with eDoorways should be seen as our vote of confidence as to the direction of the company and in its management.”
The financial business development and management division of Watson’s firm initially took the lead when AJENE WATSON, LLC was engaged by us to a 15-month consulting agreement in early 2008. After nearly a year of assisting the company with restructuring, organizing, developing and deploying its business plan, the lending division of Watson’s firm determined the viability of providing the web-based consumer problem-solving gateway, lifestyle information source, and online business-to-consumer marketplace with a non-collateralized credit facility of $500,000. At an interest rate of prime plus 2% and no requirement of registration of common stock convertibles, this financing offered the company greater flexibility with limited market dilution.
“We signed on to eDoorways when the company was trading at $0.006 per share, had two hundred or so shareholders, roughly a $180,000 market cap trading by appointment, and for all intent and purposes, not much of a company structure,” said Watson. “We renewed our consulting agreement with the company for 6 additional months in October of ‘09 and today, eDoorways has traded as high as $0.15 per share, has approximately 4,000 shareholders and growing, a $30 million plus market cap and maintains a consistent trading volume of a couple of million shares daily. The company also now boasts a consulting/management staff of nearly 30 professionals and entities, including PhDs, professors, government technology contractors and professionals with access to the upper levels of the Department of Defense. The company is also demonstrating better corporate governance, financial protocol and overall operations. There is no question that the company has made significant quantifiable progress in the past two years.”
Similar to the original $500,000 capital infusion, the new credit facility of $1.5mm is also a non collateralized loan, payable year-end 2010 at a rate of prime plus 2%.
Sources close to our company indicate that despite intervening holidays, due to the current financial health of the company and available man power, eDoorways appears to be on schedule and should release its Beta 1.0 in mid to late December – keeping the company on target for the roll out of the additional versions of “SOLVE” (Beta 2.0, Beta 2.5, and the platform’s “SOLVE” Version 3.0) slated for release during 2010.
Today we announced we have quickly surpassed 20,000 followers on our Twitter campaign. We intend to incorporate the use of Twitter and other social media outlets as part of our initial support strategy when the SOLVE doorway version “Beta 1.0” is released this December.
Ann Collins, SOLVE Project Manager and Social Media Consultant for the eDoorways Corporation, says, “eDoorways has impressively surpassed the 20,000 follower mark in less than three months on Twitter. Many companies are successfully using the connections they have on Twitter to better support their customer base. However, one mistake they make–one that eDoorways is certainly attempting to avoid–is to go after quantity rather than quality when it comes to their contacts.”
Twitter is a great way to gather relevant input about a company’s product and services. It also allows a company significant insight into how a company can best serve its customers. However, Collins contends that while she could have easily moved the company past 3x to 5x’s the followers within the same time frame, the best way to get the most out of this social media effort is to build each relationship by hand – one follower at a time. This method is likely to produce more prospective customers, business, supporters and even perhaps contribute to a company’s growing shareholder base.
Gary Kimmons, Chairman and CEO of eDoorways, states, “With over 25 years experience, Ann is considered an expert in her field of project management and social media. With her assistance, the efforts we began with our corporate blog to promote corporate transparency has increased tenfold; in fact, with the emphasis shifting away from the blog as a means of communication and over to our twitter account and other social media vehicles. This is truly an exciting time as the relevant input gathered via the social media push has assisted in developing our focus groups and expediting our beta releases beginning with version ‘Beta 1.0’ within the next 30 days or so.”
The “Beta 1.0” release of SOLVE in mid December will transition the company into using social media as a method of connecting businesses and consumers in “real-time,” at the exact moment of consumer need.
Ann Collins stated, “Because the social aspect is so important to how each doorway will ultimately function, eDoorways has made it a point to become active and develop relationships in the top existing social media sites such as Twitter and Facebook. One of the ways eDoorways has used various social media outlets is to convey the company’s philosophy, strategy and goals, which has been a great method for engaging people in conversations about creativity, empowerment and technology.”
She added, “eDoorways has been very careful to hand pick people and companies that are in their target market and who are considered thought leaders, whom they can also learn from. The work they have put into creating these relationships makes them extremely relevant. Not only are they connecting and creating relationships on Twitter, but the eDoorways Facebook fan site is also growing quickly and has become a very active community of people interested in the eDoorways philosophy and the progress of the company’s service offering.”
Sources close to the company believe that by the time SOLVE “Beta 1.0” is released, eDoorways will have an astonishing several thousand Austin Texas business preregistered to use the “real-time” platform – also anticipating extreme viral growth in 2010 and an inclination to roll out nationally much sooner than expected.
We have chosen to rely on Drupal, an Open Source Content Management System written in PHP and distributed under the GNU General Public License, to expedite our Web 3.0 development and delivery of SOLVE version “Beta 2.0″ which will include the first incarnation of the platform’s mobile applications.
“Drupal is a globally established Open Source software with over 2 million downloads since 2001,” stated Gary Kimmons, “Open Source is indeed the future of the Internet.”
“Google’s cell phone operating system Android is Open Source. The White House has just shifted the whitehouse.gov website to Drupal. The Defense Department’s Chief Information Officer David Wennergren has put out a memo recently saying that Open Source software can be advantageous in pursuit of the military’s missions.”
“Given all of the current uses people have for Drupal, the caliber of the organizations moving to Open Source, and the rigorous testing Drupal has undergone in the real world, it [Drupal] is clearly suited to eDoorways’ ambitions. What’s even more wonderful, through Drupal, the shift to Open Source doesn’t slow down our development in the slightest. In fact, Drupal will accelerate not only the development of our Web 3.0 platform but also influence the early release of the more robust versions of the first doorway.”
Sources close to the company indicate that this move has always been a part of the original plan for eDoorways to establish an open API environment. This gives eDoorways an affiliation with many of those developers who are working on Web 3.0.
Kimmons continued, “Our plan has always been to pursue the Open Source alternative because it gives us increased flexibility and it will allow other developers to integrate into our system, bringing greater value to our service offerings. Drupal has proven itself to be a preferred software for us to use as we build our 3.0 platform and integrate each of our developing doorways into it. We are pursuing a pre-planned, step-by-step design approach that calls for this move at this time. It was originally designed into the development schedule we announced and it will play a large role in our upcoming release of SOLVE.”
Kimmons concluded, “Among supercomputers, 469 of the fastest 500 are running one kind of Linux or another, an Open Source operating system. eDoorways wants to capitalize on the advantages of Open Source software by building its platform with Drupal.”
With our first beta version of “SOLVE” on target for a mid December 09 release, people close to the company express much enthusiasm over Drupal as this development enhances the overall potential of additional versions of “SOLVE” slated for release during 2010: Beta 2.0, Beta 2.5, and the platform’s “SOLVE” Version 3.0.
We have engaged Telcordia Technologies Inc., a global leader in the development of fixed, mobile and broadband communications software and services for Communications Service Providers (CSPs), enterprises, suppliers and government entities, to aid in the development and implementation of our Web 3.0 services platform. The primary focus of the effort will be to more definitely forecast the shape and functionality of Web 3.0 and integrate it in to the evolving eDoorways platform.
The first step will be the drafting of a white paper followed by a roundtable discussion involving a wide variety of authorities in such fields as artificial intelligence, expert systems and semantic web technology. The purpose of the roundtable is to forecast the shape and functionality of Web 3.0 and then to build eDoorways’ platform to take fullest advantage of those innovations.
Gary Kimmons explained, “The industry has gone from Web 1.0, which was static web pages back before the DotCom bust, to the Web 2.0, which features social media like Twitter, YouTube and Facebook. The qualitative differences are continuing to evolve, and Web 3.0 is going to be a much different, more personalized experience.
Kimmons continued, “While we are continuing to build out the initial beta release of the platform within a Web 2.0 environment, we are exceptionally conscious of the need to prepare for the next quantum shift in information technology. In order to do that effectively, we have enlisted the aid of Telcordia, a leader in the development of the future of the web.”
Darrell Woelk, Senior Scientist, Advanced Technology Solutions, Telcordia, said, “Web 3.0, also known as the semantic web, will be about openness across platforms, protocols and databases. Imagine a web connected not only to your personal computer and cellphone but also to your car, home and all of the appliances you own. All will be interconnected with the power and intelligence to manage them according to a person’s individual, dynamic and highly customized preferences. Our work with eDoorways will help enable these and related capabilities to be delivered with significant social and commercial benefits, particularly in the business-to-consumer market space.
Mr. Kimmons concluded, “Web 3.0 will offer every man, woman and child richer, quicker and easier access to information than ever before, but to take advantage of all it will have to offer, a business must anticipate what is coming down the road and build its technology to suit those developments. With the help of Telcordia, eDoorways will be designed to take advantage of all that Web 3.0 will have to offer.”
About Telcordia
Telcordia, a global leader in the development of fixed, mobile and broadband communications software and services, enables Communications Service Providers (CSPs), enterprises, suppliers and government entities to successfully deploy innovative and advanced services that help our clients realize operational efficiencies, drive revenue, and maintain a competitive edge in the new era of services-dominated communications. Telcordia has globally trusted expertise in software and services to meet the needs of customers and partners, including, consulting, next-generation OSS, network and application interconnection, service delivery and charging solutions, industry research and new technology development. Telcordia is headquartered in Piscataway, N.J., with offices throughout North America, Europe, Asia, Central and Latin America. (www.telcordia.com)
eDoorways is using Drupal experts to make open source conversions to expedite development of our doorways and mobile integration.
We announced today that our decision to go Open Source, in an effort to expedite our Web 3.0 development and the first incarnation of the platform’s mobile applications, was partly hinged on our ability to attract one of the top developers within the open source environment. DPCI, an interactive technology agency which delivers integrated content management solutions, has agreed to assist eDoorways in converting our Internet platform to Drupal, an Open Source Content Management System written in PHP and distributed under the GNU General Public License.
Gary Kimmons said, “DPCI comes highly recommended by a number of organizations that have implemented Drupal in their enterprise. As an Acquia Platinum partner, DPCI brings with them a specific skill set in programming along with a design expertise that has afforded them a wealth of knowledge in areas related to our move to enhance Web 2.0 social networking and Web 3.0 functionality. DPCI has quickly assimilated into our team and should prove to be an outstanding contributor. Their in-depth, proven experience developing systems for nationally branded entities is already serving us well.”
Joseph Bachana, President and CEO of DPCI said, “We’re very enthusiastic about eDoorways’ plans to leverage Drupal to support their ground-breaking interactive platform that will tie together people and businesses globally. We see Drupal as being a natural fit into the social publishing, Web content management platform, and ultimately, the Semantic Web needs of the eDoorways suite of products.”
Kimmons concluded, “When Apple opened up the iPhone to third-party apps, it made the device far more useful and popular, faster, than it would otherwise have been. Going Open Source does much the same for eDoorways in that literally thousands of people write code to enhance Drupal and keep it evolving. That constant programmer contribution translates into continuous technological development and growth for our platform at virtually no cost as compared to proprietary development. This is why we at eDoorways are looking forward to working with our partners at DPCI to move into the future with as robust, stable, secure and valuable a technology as we can create.”
Proprietary software and software encumbered with heavy licensing issues are seemingly becoming a thing of the past. People close to our company indicate that our management’s decision to go open source played a major role in AJENE WATSON, LLC’s decision to grant eDoorways a 300% increase in our company’s original credit facility. Although not yet quantified, sources knowledgeable of our original development plan suggest that up to 20% was trimmed from the 2009 cost estimates alone; as the move to Drupal mostly eliminated major server and licensing fees.
With our company’s first beta version of “SOLVE” (Beta 1.0) on target for release sometime this December 09, management strongly believes that with the addition of DPCI users will likely see all of the “real-time” possibilities eDoorways intends to offer with the emerging Web 3.0 becoming a reality much sooner than ever anticipated.
About DPCI
DPCI is an interactive technology agency that provides integrated content management solutions for organizations that need to deliver information and content across a range of channels. DPCI helps customers design and deploy Web Content Management Systems, Digital Asset Management, Multi-Channel Publishing, Portals, semantic technologies and Workflow Management solutions, as well as other custom development applications and projects.
DPCI serves customers throughout the United States, including Thomson-Reuters, McGraw-Hill Education, Mitre, ESPN Magazine, NYU Langone Medical Center, and many more. For more information: http://www.databasepublish.com
eDoorways has approximately 1,500 registrants ready for the holiday opening of SOLVE Beta 1.0.
We announced today that the mid-to-late December release of “SOLVE” Beta Version 1.0 is on target, with the company having amassed well over 1,200 additional pre-registrants – those wishing to be first in line for the opportunity to use “SOLVE” this holiday season.
eDoorways’ “SOLVE” Beta 1.0 platform certainly seems to be poised for discovery. Springboarded by the grass roots campaign the company launched prior to its unveiling event, eDoorways has afforded itself great visibility. Aside from its target audience in Austin, businesses and consumers from across the country have made inquiriesas to the next stop on eDoorways’ roll out schedule and are signing up.
“We are leveraging our broad exposure and the strong national interest that is being demonstrated to allow all interested parties, irrespective of their geographic location, to sign up – the first 100 registrants came just days after the unveiling of ‘SOLVE’ back in October,” stated Gary Kimmons. “Shortly after that, we were over 200. Once we began to see more activity and growth from our social media efforts, we were very confident that we’d have the ability to have at least a thousand pre-registered businesses set to use ‘SOLVE’ this month. Since the initial unveiling of ‘SOLVE,’ we have seen well over 1,200 additional businesses join those who originally signed up.”
“The possibilities are endless and we’ve yet to deploy our full marketing plan,” stated Kristen Claflin, Brand Marketing and Site Monetization Consultant for eDoorways. “By the time we’re into the release of ‘SOLVE’ beta versions 1.5 and 2.0, which are both scheduled for release during the first quarter of the New Year, we’d expect to see our business registrants at least double if not triple.”
Sources close to our company are fairly confident that eDoorways will outpace our estimates to possibly pre-register more than 500 additional businesses prior to release; just early enough for users to try v1.0 through the holidays.
Our CEO is ensuring that eDoorways is on target for a timely release of SOLVE Beta 1.0, and our Director of Operations has taken immediate action to resolve the Caveat Emptor issue.
Gary F. Kimmons announced today that the company is on track for this December’s release of “SOLVE” beta version 1.0 and intends to have the Caveat Emptor matter rectified by week’s end.
“A mid to late December release of ‘SOLVE’ Beta v1.0 is what we assured our shareholders, and this is exactly what we’re going to deliver… a mid to late December release,” says Kimmons. “We will not let our shareholders down.”
“We’re currently in the final stages of testing. As with any software, this is an ongoing endeavor that can continue until the product is market ready. Fortunately, we have been conducting various levels of focus group and battle tests for some time now; and being this is beta release v1.0, we will certainly have room for improvement – so we have the ability to release v1.0 when we so choose. However, eDoorways is comprised of a group of consummate professionals who will not stand to put forth anything less than a top quality product.”
Kimmons continued, “Further, as it pertains to a release date, given the history of our company’s stock, extreme volatility seems to erupt upon the anticipation of a major event. While this is a natural occurrence within the market place, as a penny stock, these moves can be interpreted as something else. We enjoy the fact that money can be made for those who play the stock game, but we believe that we must act responsibly for our long term shareholders. With over 4,000 shareholders and growing, we have an obligation to protect long term value. This is why, you can be rest assured that without fail, we will release ‘SOLVE’ this month!”
With a release schedule that includes six variations of the first doorway, sources close to the company exude extreme confidence that eDoorways will deliver “SOLVE” beta v1.0 this holiday season.
Additional beta versions of the first doorway include 1.5, 2.0, 2.5 thru 2.7 and 3.0 which are all slated for a 2010 release – January, late February, March thru May and October, respectively. These versions will cover everything from basic functionality to smart phone apps – mobile connectivity to a complete transfer to the Drupal environment.
As it pertains to the Caveat Emptor, the company addressed this matter early last week noting, a Caveat Emptor can occur for many reasons, some overly simple and some not so good. Luckily, in the case of eDoorways, we can rule out anything sinister or below grade as the company has certainly been recognized for its extreme transparency and open interactions with shareholders.
“Apparently, there is an information gap between what the company currently filed with the Government vs. that filed independently with OTC/Pink Sheets and its website,” stated Lance Kimmons, the company’s Director of Operations. “This is simply an oversight on our behalf as we’ve been focusing much of our attention as it relates to data and information, on satisfying the SEC reporting requirements – which we filed the 10k in October and currently pushing through the remaining Q’s.”
“For us, the Caveat Emptor is easily rectifiable. I, along with our special counsel and accounting specialist have taken all of the steps necessary to address this matter. We’ve reapplied to the Pink Sheet website via the OTC Disclosure and News Service. We’ve executed the OTC I.Q. Agreement for OTCIQ.com, paid the $500 application fee along with the $3,000 annual fee. We have updated all of the required information, provided the Initial Company Information and Disclosure Statement, and are now simply waiting for approval so that counsel may render their opinion. We expect the opinion letter to be rendered between today and tomorrow. Once this is done, the Caveat Emptor should be removed within three business days.”
Lance Kimmons concluded, “While we do not anticipate remaining on the pink sheets throughout 2010, we are taking the necessary steps to ensure we avoid any such future instances on this or any other exchange by engaging the ongoing services of an information secretary to maintain such exchange information requirements.”
Sources close to eDoorways continue to be very supportive of the company indicating extreme confidence in the overall growth of the company and in that the beta release will come to market this holiday season – once again proving the tenacity and dedication of eDoorways.
Today, we revealed greater detail of the functionality of our eDoorways initiative as testing winds down to prepare for this month’s holiday release of “SOLVE” beta v1.0.
Gary Kimmons said, “We are nearing the day of the ‘SOLVE’ beta release v1.0 as we’ve entered into the final stretch of testing. Already looking past the holidays and well into the New Year, 2010 will bring a new set of priorities as we will seek to quickly build upon the ‘09 beta release and strengthen the overall functionality of our first doorway.”
This month’s beta release of “SOLVE” is expected to include premium connectivity between businesses and consumers. In release v1.0, consumers will be able to ask questions and initiate searches. Businesses or Solution Providers with the most relevance will be returned in the top spots of the search list. During this first phase, a Solution Provider will need to be online to get a good search ranking. This is to ensure the company gets the “real-time” chat functionality fully ironed out prior to shifting over to its “Ping” system – which notifies offline Solution Providers of PowerKey queries.
The company anticipates being able to release v2.0 in late February of 2010. “SOLVE” v2.0 will include Offline Notification for Service Providers. This will allow a Service Provider to be “pinged,” receiving offline notification that a question has been asked regarding their PowerKeys without requiring them to be logged into eDoorways. This release will also include enhanced search features for the consumer.
Version 2.5, slated to come to market between March and April of 2010, will provide for several new functions. It will introduce paid PowerKeys for Solution Providers, provide the ability to save conversations and share documents and allow consumers to get added input from other users who will be rating the Solution Provider’s answers in a real-time fashion. This beta version will also afford users the ability to socialize their question through other social media outlets, such as Twitter, to invite their followers into the eDoorways conversation. Version 2.6, scheduled for the 2nd quarter of 2010, is expected to expand upon this functionality, giving users the ability to Socialize their eDoorways identities with that of other social networking sites such as Facebook and Linked-in.
“This is just one of the functions that will set eDoorways apart from the rest of the herd,” say Kimmons. “Our users are not operating within a ‘walled-in’ community. They can take their eDoorways identity, and all that is attached to it with them, or interact with friends, followers and/or connections from other social networking sites from within the eDoorways platform.”
Version 2.5 of the “SOLVE” beta is also expected to introduce smart phone applications beginning with the iPhone. Release 2.6 will add video chatting and the integration of the eSee device – the wireless earpiece with an onboard camera and one inch eye monitor which will enhance eDoorways’ “real-time” user interaction by allowing streaming video content through a Bluetooth mobile device, hands free, from a first party perspective anywhere in the world.
The primary release of “SOLVE” will be the company’s beta v3.0, slated for release during the fourth quarter of 2010. This version will be the first true representation of eDoorways operating as one of the earliest Web 3.0 service offerings within an open source environment.
Kimmons states, “While there are always factors in software development that may affect the nature and timing of what we plan to accomplish during 2010, given the great strides we’ve made just in 2009, topped off with this month’s upcoming beta release, we are absolutely confident with our current development schedule.”
After the initial release of “SOLVE” is running smoothly in Austin, the company plans to roll out the first doorway in at least 3 more major US cities prior to year end of 2010. The company does however indicate that, irrespective of the city rollouts, the platform will allow for national access as eDoorways expects the number of non local registrants of “SOLVE” to continue growing at an expediential rate. Taking into consideration that all of the other doorways, such as “LEARN,” will initially launch nationally, management views nationwide access to “SOLVE,” key in the rapid national release of the first doorway in addition to immediately providing a national audience to the remaining six doorways.
Sources close to the company indicate that the final stage of testing is going exceptionally well and expect to close out this month on a high note with the first beta release.
Safe Harbor
Statements in this news release that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company’s actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company’s customers, competition and other factors discussed from time to time in the Company’s filings with the Securities and Exchange Commission.
Our leadership team addition of Professor Jordan of ISTEC is setting the stage for our entry into international markets in 2010.
We have increased the potential of immediate exposure to over 20 million online users throughout other regions of the world, particularly Latin America, Spain and Portugal, by way of a consulting agreement we have signed with Professor Ramiro Jordan, founder of ISTEC (Ibero-American Science and Technology Education Consortium), adding him to the company’s Leadership Team.
Gary Kimmons explained, “The potential of eDoorways in Latin America and the Iberos is huge. Professor Jordan’s research focuses on multidimensional signal processing, wired and wireless communications, embedded systems and entrepreneurship, which are all of interest to us and our various doorways. He serves on many advisory boards of high-tech companies throughout the Ibero-American region. His personal connections, professional accomplishments and international reputation will be of immense value to eDoorways as we grow our business; and there is no question that eDoorways stands to be a player on a World stage in 2010 by this marriage.”
Professor Jordan founded the Ibero-American Science and Technology Education Consortium (ISTEC) in 1990 as a spinoff of UNM. Since then, as an international alliance of industry, academia, government agencies, multilateral organizations and civil society focused on education, science, technology and entrepreneurship, it has become one of the largest non-profit consortia in the Americas dedicated to improving the quality of life through education throughout the Americas and Iberian Peninsula. ISTEC’s objective is to create best-in-class alliances among participants.
Professor Jordan is actively involved in other organizations such as the Engineering for the Americas, and the International Federation of Engineering Education Societies. EftA has become a priority of all heads of state of the Latin and Caribbean region to enhance the engineering profession for the generation of wealth. Currently, he is involved in the IFEES, which has similar goals to EftA but on a global scale. He has been adviser to several Latin American and Caribbean ambassadors to the United Nations in the areas of science, technology and entrepreneurship.
The original intent of eDoorways was to create a relationship with Professor Jordan that would allow the company to push the agenda of its second doorway, “LEARN.” This objective became a reality when eDoorways accepted ISTEC’s invite to demonstrate at ISTEC’s 17th annual General Assembly, held the week of October 26 – 30, 2009, on the Campus of the University of New Mexico (UNM) in Albuquerque, NM – USA. There, where the theme was, “Using Technology to Enable Collaboration, and Collaboration to Advance Science and Technology,” eDoorways was thrust into the international spotlight when it discussed the possibilities of “SOLVE” and demonstrated the “LEARN” doorway as well as the eSee device. The esteemed educational, political and corporate guests quickly became entranced with what the general platform of eDoorways could mean for education, business, medicine and law enforcement, both domestically and internationally.
“Through this relationship with Professor Jordan, where eDoorways currently has pre-registered users of close to 2,000 persons in Austin alone, suddenly we’d have immediate exposure to 20 plus million prospective users, with several of those being domestic, as a captive audience,” says Kimmons. “Talk about going viral. A relationship originally intended for our learning initiative, now fosters an unprecedented amount of support to the growth ‘SOLVE.’ It also introduces us to an international market for mobile applications and connectivity devices that give people globally the ability to do business, solve problems, learn, create, play and engage in a whole host of other innate activities in ‘real-time’ with users on the other side of the world. This is the promise of the Jordan ISTEC relationship… the potential power of eDoorways.”
Professor Jordan said, “eDoorways has found a way to bring true value to social networking. Part of ISTEC’s mission and of my own personal interests is to develop both social and commercial entrepreneurship in Ibero-America. Social entrepreneurs are those who will lead social development, and their commercial counterparts will provide the jobs and economic progress needed for the future development of the region. eDoorways’ platform directly and elegantly addresses these communities in a seamless and functional way.”
Sources close to our company indicate that by adding Professor Jordan to the eDoorways Leadership Team, we have further fortified our growing potential to become a serious player in the technology world – set to begin this December 2009, during the holidays with the release of “SOLVE” beta v1.0. By harnessing the strength of ISTEC’s 20,000 faculty and staff members, 120 universities and 20 million plus users, “SOLVE,” “LEARN,” and the eSee device could possibly see a success during 2010 unimagined for eDoorways in such a short period of time.
We have received several questions regarding the timing of our launch of SOLVE and the issue of the Caveat Emptor designation shown by the Pinksheets.com website for EDWY.
First, there is absolutely no relationship between the timing of our scheduled December launch of the SOLVE doorway and the Caveat Emptor issue. Everything is progressing as planned with the launch and we do not foresee any problems. We will launch irrespective of whether or not the Caveat Emptor designation has been removed.
Regarding the status of the removal of the Caveat Emptor designation, we believe that we are at the end of the process. We filed the financial statements and other documentation that was requested last week. Pinksheets.com asked for us to provide additional disclosure information. We have the information ready to be loaded onto their website today, and it should be there by day’s end after counsel’s final review. We believe that we will have given them everything that is required. Should this be the case, they have indicated that they will move quickly to remove the Caveat Emptor status and to “upgrade” our trading designation. Contrary to a prevailing rumor, there is no 30-day “waiting period.” However, if Pinksheets.com does not move us through quickly enough today or there are any additional items required after today, the next review period is not until next week. At this time we do not foresee any additional delays.
We apologize for any confusion that may have been created regarding these issues. This should be an exciting time for all of us. Happy holidays!
Our Director of Operations, Lance Kimmons, announced today that the we have just completed filing all of what appears to be the required documents for OTC/Pink Sheets and its website. He stated that we are awaiting a review by PinkSheets and that there will be no effect on the holiday release of “SOLVE” Beta v1.0.
“The information required for the Pink Sheets is rather extensive and exhaustive,” stated Lance Kimmons. “Much like the SEC audit, the information requested was in depth and in some instances very specific to pink sheets.”
“As I reported last week, initially we immediately reapplied to the Pink Sheet website via the OTC Disclosure and News Service. We then executed the OTC I.Q. Agreement for OTCIQ.com and paid the $500 application fee along with the $3,000 annual fee. From that point, we updated all of the required information, provided the Initial Company Information and Disclosure Statement, and waited for approval prior to having an opinion letter rendered.
“Keep in mind that compliance with any of these securities organizations implies extreme detail on their end, which imparts a series of comments that must be answered by public companies. To this, there is no pre-determined time expected to be met in order to complete the given task. Over this past weekend and up through today, I, along with our special counsel and accounting specialist worked diligently to once again comply with pinksheets.com. We are extremely confident that from our view, we have contemplated and completed all items requested of us. We now simply await either further comments or a change to our status.”
Sources close to our company indicate that compliance with pinksheets.com in some cases is unique to the organization and often times as difficult to get all review items perfect on the first few go rounds as with a full SEC audit. Should there be any further comments, pink sheets will not provide eDoorways with another review until December, 31st, 2009; possibly leaving the Caveat Emptor on the status until that time. Otherwise however, it is anticipated that if our company has met with the review requirements, the Caveat Emptor would be removed shortly.
Lance Kimmons concluded, “While we do not wish carry this status any longer than necessary, we can assure our shareholders that nothing is going to prevent eDoorways from releasing its “SOLVE” Beta v1.0 this holiday season.”
With only user acceptance remaining, the Holidays may bring a wonderful gift to eDoorways.
We have successfully completed the primary series of stress tests ran on the first beta version of our “SOLVE” doorway. With only user acceptance test remaining to declare the platform “road ready,” Kimmons and his Leadership Team were abuzz with excitement last night as they looked forward to this morning’s peer review.
Gary Kimmons stated, “We have put the platform through many rigorous paces, and it has performed up to the expectations we’ve envisioned for our first version of the ‘SOLVE’ beta. For the past two years we have been talking, planning and working toward this moment, and today, with such a long road behind us, I have a feeling of great accomplishment.”
In the first version of “SOLVE,” Beta v1.0, the doorway will offer premium connectivity between businesses and consumers. Consumers will be able to ask questions and initiate searches. Businesses or Solution Providers with the most relevance will be returned in the top spots of the search list. During this first phase, a Solution Provider will need to be online to get a good search ranking. This is to make sure our company gets the “real-time” chat functionality fully ironed out before phasing in offline notifications or “Ping System”, to Solution Providers.
“As previously mentioned, we intend to deploy several releases of the ‘SOLVE’ beta,” stated Kimmons. “What we’re doing is no different than what any technology company, such as Google – who happened to have been in beta for nearly four years, does behind the scenes in order to work out the kinks of their service offering; continuously develop and deploy multiple versions of the product until its right.”
Kimmons continues, “The only difference with us is, in our attempt to achieve a respectable and responsible level of transparency, while delivering a functioning viable product to the market place this holiday season of 2009, we’re offering the public a look at our beta roll out schedule for ‘SOLVE.’ In our opinion, doing this will assist both shareholders and users to better understand exactly how the platform works today, and what developments to expect over the next year.”
eDoorways has at least 4 additional versions of the beta slated for release during 2010 after the 2009 holiday release of v1.0, beginning with v2.0 (ETA – Late February 2010). The primary release of “SOLVE” will be in the form of Beta v3.0 (ETA – 4th Quarter of 2010). Beta v3.0 is expected to be the first true representation of eDoorways operating as one of the earliest Web 3.0 service offerings within an open source environment.
Kimmons concludes, “The platform for the most part is ready to hit the Internet, and starting with Austin, Texas, we’re going to begin the roll-out shortly providing all goes well today. So all I can say is hold on to your hats because this is going to be one exciting ride!”
Sources close to our company are as equally excited with the holiday release of “SOLVE” Beta v1.0 as it is truly the year’s most pivotal milestone for eDoorways. What better way to celebrate the holidays than with the gift of the first doorway.
Our Director of Operations, Lance Kimmons, announced that the Caveat Emptor’s Skull and Cross Bones symbol is scheduled to be removed on Monday morning, December 28, 2009 as our company has met all information and filing requirements.
“I’m pleased to announce that I’ve just received word from Pink OTC Markets, Inc., that after a form check of the information we filed with pinksheets.com, eDoorways has met the requirements for the Current Information tier,” stated Lance Kimmons. “According to a representative of Pink OTC Markets, Inc., the Caveat Emptor will be removed and eDoorways will be elevated to the ‘Current Information’ status tier by next business day.”
This is very exciting news for eDoorways as our company prepares for the holiday release of “SOLVE” Beta v1.0 this December. This news also comes on the heels of the company launching its new corporate website (www.eDoorwaysCorp.com) this morning to usher in the v1.0 “SOLVE” release.
Lance continued, “The new site is a better representation of where this company is headed. Our corporate site must evolve into something greater than just a place where shareholders come to stay informed. We now have to reflect our growing role as a technology leader, keeping our product and service users attuned to our advancements while continuing to provide adequate corporate data for investors. When you visit our corporate website today, you will note the beginning of this evolution and witness our growth with the release of ‘SOLVE’ v1.0 this holiday.”
Sources close to our company indicate that the user acceptance test conducted yesterday yielded much better than expected results, therefore predicting that the market could see the release of v1.0 happen momentarily.
“SOLVE” Beta Version 1.0 has made its debut just after midnight (CST) on Christmas morning, possibly making the launch one of the best gifts you may have received from our publicly traded social media search platform in 2009.
Launching a little after 12:00 a.m. (CST) this past Friday morning (Christmas Day), our eDoorways Corporation, a web-based consumer problem-solving gateway, lifestyle information source, and online business-to-consumer marketplace, has successfully released and operated the long awaited beta version of our first doorway, “SOLVE” v1.0, over the Christmas week-end.
Initially covering businesses in Austin, Texas, but allowing international access, the “SOLVE” doorway is designed to facilitate the connection between the consumer and the providers of those goods and services who are looking to meet those needs, connecting real people with real solutions in “real-time.”
In a statement given on Christmas morning, Gary Kimmons said, “We are extremely thrilled about our being able to give to our shareholders what we consider the best gift we could possibly offer this holiday season.”
What a gift it was. With many interested users logging on within the first hours, news of the doorway’s launching rapidly spread all over social networks, investor message boards and other social media outlets throughout the wee hours of the morning without the company making any effort of formally alerting the general public of the event.
“This event is the culmination of two years of perseverance and in recent months, the diligent and efficacious collaboration of various professionals,” stated Kimmons. “We are extremely happy and excited by the success the ‘SOLVE’ doorway has already had within the first 48 hours of the Beta v1.0 launch. In Austin, Texas, right now, people with needs can use our real-time connectivity social networking platform to utilize intelligent search capabilities to get those needs met by businesses that are best suited to deliver.”
Following the successful roll-out in Austin, which includes at least 4 additional versions of the beta slated for 2010, v2.0 thru v3.0 (ETA – late February 2010 to 4th Quarter of 2010) the company has committed itself to adding three major American cities to the “SOLVE” doorway before the end of 2010. Mr. Kimmons believes that it is more than feasible to add 8-10 metropolitan areas per year. In addition, a large number of sign-ups have come from outside the Austin region, suggesting that the platform could experience a viral expansion that would accelerate the use and expansion of “SOLVE,” making it a national prospect in a quarter of the time initially envisioned.
The live beta version includes premium connectivity between businesses and consumers. In release v1.0, consumers will be able to ask questions and initiate searches. Businesses or Solution Providers with the most relevance will be returned in the top spots of the search list. During this first phase, a Solution Provider will need to be online to get a good search ranking. This is to ensure our company gets the “real-time” chat functionality fully ironed out prior to shifting over to its “Ping” system — which notifies offline Solution Providers of PowerKey queries.
Regarding the current functionality of “SOLVE” Beta v1.0, Kimmons summarized his previous statements as, “The primary functionality of ‘SOLVE’ is built around the city of our initial roll out, Austin. Yet still, we’ve permitted global access to the platform.
“Also keep in mind that in our allowing the public’s participation in the ‘acceptance testing process,’ Beta v1.0 is susceptible to minor bugs, inconsistencies or shortcomings that may or may not be noticeable. These include limited browser compatibility – currently supporting only Internet Explorer and Firefox, as well as queries only resulting in those relevant service providers who are located within a 50-mile radius from the person who initially made the inquiry. Thus, if you’re not located in Austin, you’re likely to get back zero results.
“These items for example are very temporary matters that may be rectified before all of the current Austin-based pre-registrants actually initiate their new accounts. Most of the current business will not become active until this week beginning today as our Christmas release has likely caught most off guard. Nonetheless, most minor items will be addressed during the next week. All other issues should be covered in Beta v2.0 which is set for release during late February of 2010.”
The second version of the “SOLVE” beta, v2.0, will include the Offline Notification for Service Providers. This will allow a Service Provider to be “pinged,” receiving offline notification that a question has been asked regarding their PowerKeys without requiring them to be logged into eDoorways. This release will also include enhanced search features for the consumer.
Sources close to the matter indicate that our company’s intention is to fully develop the ‘SOLVE’ beta (final beta being v3.0, expected to be the first true representation of eDoorways operating as one of the earliest Web 3.0 service offerings within an open source environment) in addition to releasing the “LEARN” doorway, both in 2010. The “LEARN” doorway, which will initially launch nationally with global access, will allow educational courses on any topic to be created in a collaborative effort through a proprietary learning technology.
We urge users to use the “Feedback” boxes located on the site to give the company honest opinions, make suggestions or leave comments. It is requested that all correspondence be as specific and detailed as possible.
Kimmons concluded, “I would like to take this opportunity to thank our shareholders for their patience and support during the last several months. I believe that, when they see the platform in action, they will be more than satisfied. Moreover, as it evolves and expands, I am confident that ‘SOLVE,’ ‘LEARN,’ and the other doorways will exceed all expectations.”
Gary Kimmons today responded to criticism of the first beta version of the “SOLVE” doorway, launched just days ago on Christmas day. With many concerns circulating, he reassured shareholders that the final “SOLVE” product will exceed expectations.
“Surprisingly, the company has received criticism and questions concerning the first beta version of our first doorway, ‘SOLVE.’ These concerns encompass everything from the current look and feel of the current interface to user accessibility. Our intention was to address all concerns through a forum sometime next week after gathering and analyzing all of the public’s inquiries. While this remains to be the plan, a sense of duty to our long time supporters compels my voice here today.
“There have been many developments and changes to our strategy over the past two years. Countless hours of care, consideration, planning and development went into what elements would ultimately be needed to deliver to the world not only a compelling Web 3.0 intellectual platform, but an internet company that actually generates income from multiple revenue models; thus truly substantiating company value. To accomplish this, we have engaged the technological expertise of groups like DPCI, Real Time Data and Telcordia. These are organizations of high regard to which other industry leaders know their names and reputation and quite frankly do not deserve the indirect and negative inferences toward their capabilities.
“Aside from the setbacks or required adjustments any new product will face, we are exactly on track with our development plan. The Beta v1.0 we released on Christmas is simply the first of numerous upcoming releases of SOLVE. It is the connectivity aspect of the doorway that ultimately will serve to connect businesses and users in a real-time context. Those who have gone to the site and tried it must realize that they are looking at the underpinnings of the site’s ‘engine. The final look, feel and functionality will be layered upon this. We have already designed a much more sophisticated user interface that is along the lines of that which we have already described to our shareholders. That version of SOLVE (Beta v2.0) will be superimposed upon the version users are now seeing.
“So allow me to state CLEARLY that the current GUI is in no way representative of the future face of the ‘SOLVE’ doorway. Rather Beta v1.0 is strictly about the development and testing of the back-end components. Our using a simple front end GUI design allows us to focus resources at the back end of the platform, and enables us to make quick changes to the interface mechanisms, as we see how the interactions with users unfold.
“Another seemingly immediate concern is the search results in various locations. While of course we look to expand the geographical usability of inquiries and search results rapidly, especially being that interest in the platform has already reached across the globe, this does not negate the obvious. If you’re in Oregon, your search for ‘local’ solution providers will yield zero results. Why? The launch targeting the Austin market would have something to do with it.
“Granted, there has been a 50 mile cap on customer searches irrespective of location. This was done intentionally for various reasons. We do plan on expanding these parameters quickly but when appropriate. Nonetheless, this limitation should not eliminate the good sensibility one should have to recognize that searching for a local solution provider, in another city’s market, will absolutely yield you zero local solution providers.
“I know that we reside in a world of high expectations. I am also aware of the unprecedented yet warranted fear and suspicion we each face daily. We don’t know who to trust any more. Our bankers, our government… who? And where it concerns corporations, especially those publicly traded on the smaller exchanges, the stakes are high. However, we’ve done everything possible to be as transparent as any public company can be. We also attempt to complete every task we set out to accomplish and do exactly what we say we’re going to do regardless of the difficulty or time it takes to get it done.
“We have received a tremendous amount of valuable feedback and are now implementing many of the suggestions received. However, there are still some comments that are not constructive in the least – boarding on malicious, slanderous and malfeasant; aggressive acts we will not tolerate.
“We will accept and acknowledge there is a lot of work to be done. This is why the exact functionality of Beta v1.0 was detailed for you earlier this month along with versions 2.0, 2.5, 2.6, 2.7 and 3.0. eDoorways knows exactly where it is going and what needs to be done to get there. As a public company, we thought to take advantage of a unique opportunity you’re less likely to receive with any other technology company. We are allowing you clear insight as to what we’re doing, how we’re doing it and tapping you, our shareholders, for insight on how best to complete the task.
“Take advantage of it. Don’t abuse it. Today you have the opportunity to own a piece of what may become a major technology company before the ‘out of reach’ IPO because we just happen to already public. Imagine if you could have owned Google when they were developing or Facebook prior to its going public, should that be the case. Well, this is a dream situation for many, but a reality for the shareholders who continue to assist us with their positive and unwavering support.”
Mr. Kimmons concluded by saying, “As the platform moves through Betas 2 and 3, you will see incredible transformations to the completed product. This platform will indeed become everything you’re hoping it will become. So with that, if there has been any confusion as a result of our past announcements, I apologize and I can say confidently that in the near future we will have a highly developed platform with a robust GUI interface, international access and a whole host of additional features that will meet or exceed the expectations of our shareholders and users.”
Our new corporate site is presenting screen shots and future upgrades to be found in Betas v2.0 – v2.7.
We added a “Recent Developments” tab to the navigation bar found on our landing page early afternoon, this past Thursday, December 31st, 2009, New Year’s Eve. Supporting the declaration made early last week by Mr. Gary Kimmons, in response to mixed feedback regarding the first beta version of the “SOLVE” doorway, the Recent Developments section of the site provides descriptions of some exciting new upgrades and features to the PowerKeys, chat and top menu functionality. Most importantly, the added section offers shareholders and users a look at what the GUI of the first doorway’s Dashboard will ultimately look like once “SOLVE” is fully functional.
“What people must remember is that ‘SOLVE,’ in the beginning, had a very robust yet much more complex GUI as demonstrated by the original screen grabs found on the old corporate website,” said Kimmons. “Developed two years earlier, at the time it represented what the market was seeking in relation to what was out there at that time. However, given the continuous and rapidly changing face of technology, our focus group testing in October of ’09 presented us with a different outlook.”
Kimmons continued, “We were requested to simplify the layout and design of the Dashboard due to concerns of the site being too busy and difficult to navigate. This left us with less than 90 days to make all of the necessary base function adjustments. Unfortunately, in order to launch on time, we had to release the first doorway’s beta early and take the opportunity to focus on the baseline functionality prior to giving it a pretty face. So you all must be mindful that ‘SOLVE’ is in its infancy stage; shareholders have the exciting opportunity to watch it grow and develop.”
The newer “SOLVE” dashboard, as represented by the Recent Developments section of the corporate site, is said to have many new features and enhancements to what is now viewed on Beta v1.0. One major change will be found in the move from a grid-like search results screen to the new Search Spiral which will allow users to swipe through results and retrieve web results, documents and person to person connectivity. There is also a Document Tray to drag and drop articles and documents into for later review. There will also be a Media Exchange screen. Users will have the ability to upload and share any of the content in the Media Exchange by sending files directly to contacts or publishing it on other favorite Social Media sites, such as Twitter and Facebook.
In the Top Menu Bar, the company will add the ability to maintain Contacts. Users will also be able to record preferences such as alerts, search radius, privacy, and visibility, contact users who are not currently online — recording any direct messages exchanged — as well as any chat activity that occurs in respect to questions asked; and, once user questions are considered “Solved,” all items will be closed and viewable in the user’s History.
The process of joining a chat will also be enhanced along with the introduction of paying for PowerKeys. The Join screen will display live streams, recent activity, handshakes, referral capabilities and a “Socialize This” function which will invite others to view your Conversation and solicit them to interact with the user sending links to the chat or by posting it to other Social Media sites. PowerKeys will be rented for a flat monthly fee that will stay constant for a period of 6 months up to one year.
The company intends to have many updates and improvements within the first half of the year through a string of additional releases beginning with version 2.0 which is slated for release in late February. Thereafter the completion of the release cycles (including versions 2.5, 2.6, 2.7 and 3.0) the Beta tag could likely be removed. However, keeping in mind that industry giants like Google were in beta for several years, the proposed beta time for eDoorways is rather short in comparison.
Mr. Kimmons concluded, “Between beta versions 2.0 and 3.0, you will see incredible transformation. This doorway will indeed become everything our users and shareholders are hoping for and will certainly be commensurate of what our other doorways will come to bear.”
On January 19th, 2010 we released the following information on an 8K filing:
“Item 1.01. Holders of Warrants Exercise Rights to Purchase Common Stock.
AJW Partners, LLC, AJW Master Fund, Ltd., and New Millennium Capital Partners II, LLC, exercised their rights under the 2007 Warrants granted by eDoorways Corporation, Inc. to collectively purchase 10,000,000 shares of eDoorways Corporation, Inc. common stock on January 11, 2010 at an exercise price of $0.001 per share. The warrants exercised were 10,000,000 of a total of 10, 015,750 warrants these entities hold.”
We have observed that there has been confusion on our Facebook site and on our message boards about the nature and meaning of the posting. First, the purpose of an 8K filing is to report a material event. A material event is deemed to be any occurrence or situation that is significant to our business.
There has been a great deal of discourse and speculation regarding the specific recipients of the warrants, as well as the timing and intent of the exercise. Also, we have received inquiries regarding whether or not the stock associated with the warrants has been sold in the marketplace. We wish to address these issues to clarify any confusion.
The recipients of the warrants are three funding entities associated with N.I.R., a hedge fund in the State of New York who served as a funder to our company in 2006 and 2007. The funds mentioned in the 8K are part of N.I.R’s family of funds. Contrary to speculation, they are in no way associated with or related to Ajene Watson, LLC, our current lender and business management consulting firm in New York City. The “AJW” in the names of two of the funds is purely coincidental and the firms have no relationship with Ajene Watson, LLC whatsoever.
It is a common practice for funding sources such as N.I.R. to receive warrants in conjunction with their funding transactions. As noted in the filing, the warrants were issued in 2007 with a provision allowing the funds to exercise any time during the ensuing seven years at a price of $0.001 per share. The timing of the exercise was solely up to the three funds. Their rationale for having exercised at this time has not been provided to us.
Our shareholders have noted that there was a seller in the marketplace immediately after our product launch who may have “ridden the high volume of trading” that occurred at that time and vended what may have been between 10 to 20 million shares of stock which seemingly triggering an additional sell off into the market. The question is whether or not the seller was any one of the three noted N.I.R related funds. We cannot speculate whether there is any relationship between these events. The request to exercise was honored by our company, and 10 million shares of restricted stock were issued to the funds at the instruction of our SEC legal counsel, Gersten Savage, LLP in New York.
As the boards infer, a major sell off may have occurred due to one of our previous investment groups – N.I.R via AJW Partners, LLC, AJW Master Fund, Ltd., and New Millennium Capital Partners II, LLC. While our relationship with N.I.R isn’t entirely wholesome, it must be noted that this group has been extremely generous to eDoorways over the past two years. They have given us much latitude with regard to our repayment of debt, not placing the Company in default during rough times, voluntarily agreeing to refrain from or limit converting debt that it holds, and permitting our business management consultant to move about unfettered.
However, since the selling in question occurred prior to our issuance of the aforementioned shares, and such shares were issued as restricted stock to these parties, the event as speculated by those on the boards, would appear to have been short sales under the current scenario. Again, we ourselves cannot and will not speculate as to what may or may not have occurred involving the group referenced on the boards, since we are not privy to such information. What we do understand to be the case (according to our SEC legal counsel), is that any warrants exercised on a cash basis, such as those exercised by N.I.R, do not benefit from “tacking” (tack back dates) and thus begin the holding period on the actual date of exercise. If this is indeed the case, then the recently exercised warrants have resulted in the issuance of restricted stock that will remain restricted for the entire appropriate holding period unless there is an exemption from registration available and they obtain a legal opinion which is accepted by the Transfer Agent.
The three funds have now exercised substantially all of their warrants. They have warrants entitling them to purchase an additional 15,000 shares at a price of $200.00 per share and an additional 750 shares at a price of $3.20 per share. We will continue to apprise you of any relevant information.
eDoorways, I have been reviewing the most recent 10k and I have several questions in regards to some items there within.
Under “Item 7, Plan of Operation” it states that, “we will require approximately $3,000,000 during the 4th quarter of 2009. Without this funding, we will not have enough working capital to continue operations.” Has this been met?
Under “Item 7, Plan of Operations” it states, “The Company is currently negotiating a line of credit agreement with an independent 3rd party for a major portion of the funding we require.” Was this Triumph Small Cap Fund Inc? If not, can you comment on where this funding will be coming from and/or any of the terms that will be involved?
Under “Item 7, Liquidity and Capital Resources” it states that, “This increased activity resulted in a loss from operations of $6,745,727; negative cash flows from operations of $76,580; a working capital deficiency of $3,094,656 and has a stockholders deficiency of $7,849,157. This raises substantial doubt about its ability to continue as a going concern. “In an attempt understand this statement correctly I am asking why the shareholders deficiency is the highest loss? It would appear that with all the stock that is owned by the “Officers” of eDoorways, stock is being sold by its officers to raise operating capital. I am in no way saying this is what has happened or accusing anyone of doing this. I am simply trying to make sense of it.
Under “Item 7, Liquidity and Capital Resources” it states that, “Management believes that actions presently being taken to obtain additional funding and implement its strategic plans provide the opportunity for the company to continue as a going concern.” What is meant by this? Is that saying that the opportunity is or isn’t present.? If the opportunity to continue is present, why is it a going concern?
All throughout the 10k the phrase “substantial doubt regarding eDoorways ability to continue as a going concern” is shown. Why is this? Is there really that much doubt that the company will not be able to continue or is this simply legal lingo such as “Safe harbor”?
There seems to be many questions regarding the financial condition of eDoorways and the stockholders like me are suffering the consequences. I fully believe in your product but if there is nothing to sponsor your product such as funding from outside sources or alternative measures to ensure the continuation in the development of your product, why should I continue to be a shareholder? This is my main question.
Roger Carriere, Jr.
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Roger,
Thank you very much for your inquiry and candor. Please allow us the opportunity to address your questions.
First, eDoorways is a going concern. This is because it has not “technically” generated a commercial product for commercial use or sales. However, the company is in the process of developing its commercial platform of which Beta v1.0 has been released as a test to the market. Within just a few short weeks, the company will release a more robust and functional version of its first doorway that will have numerous uses and methods of revenue generation.
To be clear, without any revenue generation the company’s operating expenses continue to accumulate, generating a working capital deficit and an equity deficit. Still yet, the company remains operational due to its ability to borrow the funds needed to finance its development.
In the fourth quarter of 2009 eDoorways entered into two separate non-securitized revolving lines of credit, with a single lender, for a total of two million dollars. The company is currently negotiating an increase in those lines as it looks to expedite future development with the goal being to deliver more in a shorter period of time. The Company has also issued common stock in exchange for professional services (executive consultants, developers, Doctors/Technology Scientist, etc.) totaling to another half million dollars; in essence supporting a total raise of approximately $2.5m in 2009 alone. During 2010, in addition to the increase in credit, the company may issue an additional half million dollars in common stock to its current Professional Service Providers, with the objective of raising upwards of $5mm in 2010. eDoorways’ liquidity will likely continue to be small until it can begin fully operating its platform, which is expected to occur shortly.
In short Roger, eDoorways has grown from a developing concept in 2007 to an outwardly functioning company with a beta platform operating in 2010. Perseverance is a key ingredient for winners. You cannot argue that we possess this and many other defining characteristics of victors. We believe you invested with us because you identified with this. You may have also related to the vision and the great possibilities that the eDoorways platform will come to offer.
Roger, raising $2.5mm was no easy task, but we did it. Pulling together high quality professionals and development groups from all over the world to bring a concept to fruition was just as tedious, but we accomplished that as well ; and raising an additional $2mm to $5mm dollars this year will be no easy task either, but we will achieve this goal just the same. Why? Because this is what we’ve proven ourselves to be for the past three years… achievers.
Besides, how many web-based technology companies resembling our platform began as public companies? This is the opportunity of a lifetime for all of us (shareholders) should we prevail; and with folks like you providing good and honest feedback… consistently holding us to our highest potential and supporting us, we don’t expect anything less from ourselves than the highest success.
Roger, thanks again for your inquiry and for being a loyal shareholder!
The early launch of SOLVE Beta v1.0 has provided unusual insight, resulting in a robust v2.0, an expedited v2.5 and anticipated revenues.
We contend that calculated risk will ultimately pay huge dividends for our web-based consumer problem-solving gateway, lifestyle information source, and online business-to-consumer marketplace. With the initial observations of the December 09 Beta v1.0 release behind us, we are poised to deliver a product offering of a greater magnitude than that originally contemplated.
“The launch of SOLVE Beta v1.0 afforded us much greater value than expected,” stated Mr. Gary Kimmons, Chairman & CEO of the eDoorways Corporation. “The overwhelming response received provided us with invaluable information about our ultimate vision for eDoorways – the design, functionality and purpose of the entire platform and each doorway. No focus group in the world compares to true and real time user feedback.”
The feedback received has translated into an enhanced design strategy that was not part of the original roll-out plan. With the primary purpose of the initial launch being to solidify the chat foundation and to assess power key functionality, the technology acquired had to first be adapted to suite the platform’s purpose. The company quickly discovered however, that the power key technology not only functioned as hoped, but was extremely robust and completely scalable to accommodate a rapid ramp-up.
Ann Collins, SOLVE Project Manager and Social Media Consultant for the eDoorways Corporation, said, “We have aggressively accelerated the platform’s development, positively altering the proposed deliverables. The release schedule now looks like so:
“Version 2.0 is still on track for late February. This version is mainly to introduce the Offline Notification of Solution Providers when selected in a search. In addition, we’ve moved the Saved Chats and Conversations functionality ahead of schedule. This feature includes the following:
Chats can be saved and left open as long as you like. For example, if you’re planning an event and want to stay in touch with vendors who were helping you, you can save the chat and talk to them as you plan your event.
Once you decide to close the chat, or you no longer want to keep the conversation open, you can close it or delete it.
“Version 2.5 will be released early in mid March and will include:
Enhanced search capability to include web results
Viewing of searched web results within eDoorways
Uploading a file or document to share with other users
The ability to socialize a question to Twitter and invite your Twitter followers to chime in on your question
“Additional functionality that’s being moved up into the mid March release is:
A true social networking system within eDoorways
The social networking module will be a part of every doorway
Users will be able to categorize the people that follow them into different groups and decide what information in their profiles they want to present to each group
“The ability to generate paid PowerKey transactions, the first revenue generating function for eDoorways, will follow early in the second quarter.”
Kimmons concluded, “Over the next few weeks there will be much more to speak about; but what we’d like our shareholders and users to know is, we’re working tirelessly to continuously develop a formidable service offering capable of competing and perhaps surpassing that which is out there today.”
Sources close to our company suggest that our eDoorways platform will soon display a sleeker design, many enhanced functions to rival competitors and an additional doorway to promote education and advanced teaching and learning. With all of the good news soon to come from our company, our management is very upbeat – anxiously looking forward to the success to come.
New strategic arrangement will offer company full access to ISTEC’s audience of 20 million online users as well as other key international introductions.
We announced today that we have recently signed an Agreement with Ibero American Science and Technology Education Consortium (ISTEC), facilitating our company’s access to approximately 20 million online users as well as other strategic introductions globally. The deal is expected to generate high monthly revenue through international introductions and the sale of PowerKeys to a new user base.
“This deal truly gives eDoorways immediate access to online users in a big way,” said Mr. Gary Kimmons,. “With this relationship, we expect to significantly increase our visibility as we gain an international user base as well as see our initial revenues in the second quarter become dramatically greater than anticipated. With the high expectation for our PowerKeys, now to be purchased and used by a much larger audience, it is conceivable that by late in the 2nd quarter, we could possibly begin generating a couple of million dollars monthly from this relationship alone. That would be the power of ISTEC and this marriage.”
ISTEC, founded in 1990 as a spinoff of University of New Mexico (UNM), has become one of the largest non-profit consortia in the Americas dedicated to improving the quality of life through education throughout Latin America, Spain and Portugal. Harnessing the strength of its faculty and staff members, ISTEC members develop content in science, technology, engineering, math, R&D and entrepreneurship for the estimated 20 million university student population throughout Latin America and other parts of the world.
Sources close to the deal believe that the potential exists for at least a 5% penetration of the 20 million student population within 12 months effectively beginning in the second quarter. This would result in 1 million additional users not factored into any of the company’s original revenue models.
The agreement between the two groups called for eDoorways to become a member of the consortia, which has been effectuated. eDoorways is expected to provide a comprehensive web-based service offering featuring intelligent performance support for such lifestyle areas as problem solving, learning, innovation and creativity, and leisure/entertainment to ISTEC members and affiliates. eDoorways will also interface and coordinate with ISTEC to ensure the operations are consistent with pre-determined ISTEC requirements and needs. Our company will provide ISTEC with client maintenance and support as required per contract and offer customer care, client billing and financial management of the operations.
ISTEC will be responsible for providing and managing prospect introductions. The organization will assist eDoorways with securing clients and advising on client activity as mutually agreed between the two groups while providing assistance in the client operating areas as required. ISTEC will also assist eDoorways with securing the necessary rights/authorizations for connectivity/services to ISTEC client facilities, as necessary.
Dr. Ramiro Jordan said, “We have always seen eDoorways as a powerful way to utilize the Internet in pursuit of our objectives. It was just a matter of time as we needed to be confident that the developing company could accomplish its own objectives and stay the course. Today, in our opinion, eDoorways has done so and is continuing to propel itself forward. We look for alliances with not only successful organizations, but those organizations demonstrating the will and tenacity to strive for something extraordinary. eDoorways is that company, and we wish to be on the ground floor of their vision. The platform they offer uses social networking in two areas of great interest to ISTEC and we wish to make these products and service offerings available to our growing international concern in a financially benefiting way.”
Both parties will participate in co-marketing and co-branding of eDoorways’ products and services provided under the Strategic Alliance Agreement. This will allow eDoorways a greater reach with reduced marketing cost. While ISTEC is ultimately interested in supporting the entire eDoorways platform suite of products and services, the initial emphasis will be placed on eDoorways’ first service offering, “SOLVE.” ISTEC will also be very active in the marketing and branding of the second much-anticipated doorway “LEARN,” which is expected to have its first demonstrable working concept version of the doorway by the end of the first quarter.
With the upcoming event in March where eDoorways is expected to make a splash on a major technology stage; v2.0, which is expected out this week and v2.5 (ETA – end of 1st QT), will only add to the company’s ability to potentially compete with major technology firms while receiving global acceptance due to ISTEC’s reach to a captive audience of millions worldwide.
About ISTEC
ISTEC is a non-profit organization comprised of educational, research, industrial, and multilateral organizations throughout the Americas and the Iberian Peninsula. The Consortium has been established to foster scientific, engineering, and technology education, joint international research and development efforts among its members, and to provide a cost-effective vehicle for the application and transfer of technology.
v.2.0 of the eDoorways beta brings users a new look and feel for the developing platform – with ergonomic improvements, increased functionality and enhanced stability, eDoorways demonstrates true forward momentum as v2.5 is being prepped for a timely release.
Now with several thousand users, our revolutionary business to consumer advanced social network continues to make major strides for our customers. Today eDoorways announced that major improvements have been made to our platform with yesterday’s release of Beta v2.0. Offering enhanced stability, ergonomic improvements and increased functionality, our company’s growing user base can have a much more enjoyable experience navigating our advanced integrated search and chat technologies.
“There is no disputing, our technology teams are on the right path,” said Gary Kimmons. “Now, with version 2.0 behind us, we can give our attention to the upcoming event here in Austin while preparing for the release of beta version 2.5.”
The release of v2.0 couldn’t have come at a better time now that eDoorways has a captive audience of 20 million online users to penetrate since inking the deal with Ibero American Science and Technology Education Consortium (ISTEC). The sleeker, more robust and efficient platform offers users a whole host of new features and options.
Ann Collins, Project Manager and Social Media Consultant for our company, said, “Beta release version 2.0 is heavily influenced by the feedback we’ve received from our users since the initial launch of v1.0 in December of 2009. This resulted in an enhanced design strategy that was not part of the original roll-out plan.
“We’ve changed the look and feel quite a bit to create a more streamlined and user friendly interface. You’ll find that the landing page is completely different and is now much more inviting.
“We’ve reduced the application from four columns to three, removing the far right Profile column and making profile information visible through a screen overlay. We’ve also moved the chat panel to the middle. This will allow for all conversations starting from either the ‘Ask’ or ‘Join’ panels to be centralized, making this feature much more fluid.
“Also, when users are invited to a conversation or if there is a new message within an existing conversation, the option to be notified both visually and with user configurable audible sounds, may be selected.
“All Solution Providers, ‘on’ or ‘off’ line, will be returned in the search results and identified by a red indicator. If offline Solution Providers are selected, they will receive an off-line notification to join the conversation; provided they’ve opted to have this email or text message feature.
“Overall, we’ve spent quite a bit of time making sure the underlying engine is stable, highly scalable and robust in anticipation of the new relationship with ISTEC, the upcoming event, the release of v2.5 and the impending marketing plan.”
Due to the release of v2.0, sources close to our company expect interest in eDoorways’ platform to increase dramatically over the next few weeks along with the introduction of our first revenues sometime during the second quarter. While the release of v2.0 was essential to creating the site’s stickiness and strengthening the current user base, release v2.5 is rumored to take the platform to the next level.
With v2.5 having the ability to save chats to “History,” offering special social media functions and providing the ability to share files, eDoorways is poised to quickly surpass other service offerings simply based on the manner in which this platform connects real people in “real-time” all of the time.
Our emerging technology company is using one of the country’s most notable conferences to engage, educate and grow our user base through South by Southwest’s renowned interactive festival.
eDoorways formally announced that we will participate in one of the country’s most attended music and media conferences, South By Southwest (SXSW) – giving our technology company the opportunity to strut its stuff during the forum’s Interactive Festival.
“This is the place where Twitter’s user base seemed to almost triple overnight after its showing at the conference’s Interactive Festival,” stated Gary Kimmons. “We are absolutely thrilled to be fortunate enough to participate in this event.
“We strongly believe that our presence at the Interactive Festival will not only help to increase our user base, but allow us the opportunity to further demonstrate and educate the world as to how powerful, dynamic and game changing eDoorways will ultimately be in the web based technologies arena. We are the future, and the SXSW Interactive Festival will give us the platform needed to demonstrate it.”
SXSW has certainly become a must-attend event. At the core, the conference showcases close to 2,000 various musical acts on more than an astounding 80 stages in downtown Austin. The portion of the conference eDoorways will participate in is the SXSW Interactive Festival – an incubator of cutting-edge technologies, showcasing the most creative technology from around the globe. The Interactive Festival has grown exponentially over the years seemingly to become one of the main highlights of the entire conference.
With our company’s recent release of v2.0, and the upcoming release of v2.5, sources close to the company view SXSW as a golden opportunity to dramatically increase the web based company’s exposure and advance its intelligent search and communications platform. Given great consideration to the explosive growth other emerging technologies experienced after showing at SXSW, eDoorways has reason to be excited.
Our company plans to release details of our participation within the upcoming days.
We have had a tremendous amount of success at the South By Southwest (SXSW) Interactive Festival. With an amazingly designed booth, situated on prime convention floor real estate and next to one of the biggest names in web-technology, eDoorways has done nothing less than impress not only convention attendees but neighboring presenters. Surprising prospective users with a live demonstration of the eDoorways iPhone® App, along with the heAR Augmented Reality App launched this past weekend by eSee Technologies, our web-based software technology company has increased our user base by signing an estimated 70% of those attendees visiting our booth.
Mr. Gary Kimmons stated, “We are still marveling at the attention our booth has received in just two days. Compliments to its design and presentation are echoed by the high number of physical sign-ups achieved within in the first 48 hours of the festival, along with the caliber of the visitors to our booth. I am confident that this event will serve us positively in the months to come.”
As an incubator of cutting-edge technologies, showcasing the most creative technology from around the globe, the Interactive Festival portion of SXSW has grown substantially. With eDoorways poised to benefit from the estimated 40,000 people expected to attend the festival this year, Gary Kimmons kicked off the event by addressing the press at the conference’s media event. Giving reporters an overview, Kimmons offered the press a look into an internet service offering geared toward total personalization and access to information through advanced intelligent technologies. Through the power of the revolutionary “PowerKeys,” the significant possibilities of social networking in “pods” and easy access to the “cloud,” Kimmons spoke of an internet that through the use of eDoorways, could possibly be more powerful than ever imagined.
Our company’s booth has been well-received at the Interactive Tradeshow. Set up with six computers for attendee use, eDoorways representatives are kept busy giving around the clock demonstrations of our platform. With a couple hundred attendees visiting the booth over the weekend, feedback has been positive with eDoorways registering close to 200 new customers on site. Positioned as social networking combined with advanced search technologies – where search results are not just web pages but connections to real people in real time, on and offline – our company has received nods of approval from both attendees and presenters alike; generating strong interest across the board. Having been approached by various local, domestic and international companies inquiring about “White Label” opportunities, it’s been suggested that eDoorways’ core functionality could greatly enhance current operations at a variety of corporate and government organizations.
Using SXSW as an opportunity to unveil future developments, our company also demonstrated our iPhone® application. Scheduled to be submitted to the Apple iTunes Store in April 2010, attendees were impressed by the ability to have live multi-level chats on their mobile phones, searching and joining the same exact conversations as those using the demonstration laptops.
“So much of the internet is going mobile and getting there quite rapidly in fact,” stated Ann Collins, eDoorways Social Media Consultant and Solve Project Manager. “It is important that we remain ahead of the curve by developing our mobile platforms parallel to our desk-top web service offerings… if not ahead of it.”
The heAR Augmented Reality Application, which also speaks to our company’s pursuit of a strong and sophisticated mobile presence, was launched over the weekend by eSee Technologies. Meant to allow attendees the ability to navigate a virtual guide of the music and film festival, eSee Technologies hopes to afford Apple iPhone® & Android™ phone users (newest models) the ability to point mobile phone cameras at any location participating in the festival and see performance schedules, film schedules, learn about performing artist, tag a location, etc. While at this time the heAR Austin App isn’t supported by the eDoorways platform for social media purposes, attendees can still share their experience though other social media services such as Facebook & Twitter.
As expected, SXSW is already proving to be an incredible opportunity for eDoorways. With possible funding offers from venture capital firms and inquiries from mega size technology companies, eDoorways appears to be gaining momentum and strength. Should eDoorways continue to garner such positive attention, our web-based, social networking and advanced search technology software company may soon become a likely acquisition target for any larger tech outfit lacking the component eDoorways can deliver.
eDoorways has successfully presented at the South By Southwest (SXSW) Interactive Festival. Whether it’s the swanky display booth, a surprise demonstration of our company’s iPhone® application, eSee Technologies’ heAR App, a couple of hundred new site registrants or the sneak peek releases of v2.5, our Austin web-based software technology company has much to celebrate.
Mr. Gary Kimmons stated, “We knew that showing at South By Southwest would be a great experience for the company. A few of the biggest names in the technology space have enjoyed greater worldwide success after presenting at the Interactive Festival. We were well received by the public, capital sources and the biggest of the big guys in technology. I firmly believe that eDoorways is moving in the right direction and will soon prove its true value to our real supporters.”
With the Interactive portion of the SXSW event coming to a close, our company gets the day off as the Music and Media portion of the event is set to start Wednesday. This gives eDoorways the opportunity to showcase our platform yet again, to a different but very innovative group of social media enthusiasts.
“We can’t wait to get back to the booth come Wednesday,” stated Ann Collins, eDoorways Social Media Consultant and Solve Project Manager. “We have a lot to show as our iPhone® application has been a hit among attendees and our sneak peek releases of v2.5 have really helped users, old and new, get even more excited about our platform’s potential – and the power they will possess when using the platform.”
eDoorways decided to release our Beta v2.5 in smaller pieces over the course of SXSW in order to clearly show the added functionality of this version. The v2.5 sneak peek began with the addition of saved chats and conversation histories. Over the next few days our company will release our Facebook integration which will allow Facebook users to sign up and login to eDoorways using a single click. Profile information will pre-populate relevant fields with information from their Facebook account. Once logged in, eDoorways users will have the ability to invite their Facebook friends to eDoorways and see mutual acquaintances of the people they interact with, on eDoorways.
“The Facebook integration is an innovative way to not only invite more social networking savvy users into eDoorways, but to demonstrate the future capabilities and direction of our platform,” stated Ann Collins. “Think of it as social media with no bounderies… ‘doorways’ allowing fluid communication across various people networks. The possibilities could be endless.”
People close to our company indicate that other functionality to be released this week in the v2.5 seek peek includes basic media exchange and text message notification.
Our company closed out the Interactive Festival with a social event worthy of the SXSW and Austin entertainment heritage. Produced by Brand Ur Band (B.U.B) and co-sponsored by SoNu Beverages, the party which packed a The Parish venue, offered a roster of exciting performances from several popular bands including L.A.X and Eyes Burn Electric.
After a successful South by Southwest (SXSW) “coming out”, our Austin-based technology company is giving a hint of what’s to come.
eDoorways takes count of its South By Southwest (SXSW) successes, leading our management to conclude that our web-based technology company is on the right path – and the pending changes to management, board, acquisitions and trading status, is all in perfect timing.
Gary Kimmons stated, “Showing at South By Southwest has been a great experience for us. The technology community, as well as the music, film & media industries have now taken note in the possibilities of what eDoorways can offer. 2010 marks the beginning of a new era of web search and social networking with eDoorways at the helm.”
During its week of showing at one of the nation’s top music, media and technology conventions, eDoorways was approached by management from a couple of the leading brands in the technology world regarding possible future opportunities. The company participated in an international press conference and was interviewed by well known technology outlets and tech bloggers, including: Hearst Digital News, PC World, Internet Week, The Spring (Austin tech blog), Blog World Expo Radio and Level 3. Our company was also approached on “white label” opportunities from nationally branded film festivals, business schools, hospital marketing agency and attorneys, as well as tapped for possible pilot programs to develop API’s to integrate existing software and operations of well-established technology companies with the eDoorways platform.
The presence of eDoorways was certainly felt at last week’s Austin festival. With over 12,000 lanyards bearing the company logo and information stuffed in attendee bags and worn by many, the eDoorways name became recognizable by nearly all convention goers. Our company also sponsored contests throughout the conference where various gifts, including gift cards and HP Netbooks, were given to winners; further promoting our company and our vision.
The question is, “what’s next,” for our growing company. Gary Kimmons reveals that our company is very close to delivering the remainder of v2.5 and the new v2.7, is working feverishly to complete its Facebook integration system and intends to deliver the iPhone® App for review within the next couple of weeks. “However, on the corporate development front,” said Kimmons, “some exciting and major adjustments will be made within corporate management, to the board of directors, acquisition restructuring and trading status.”
Our management surmises that changes within areas will strengthen to the overall viability of eDoorways to new suitors and further prove to the market that there is something real under the hood. Sources close to our company suggest that eDoorways is poised to move to the next level both as a web brand and public entity; expecting the true value of our company to soon unfold.
eDoorways is contending its strong position. We are preparing to address our shareholders both formally through written statement along with the year’s first shareholder conference call.
Mr. Gary Kimmons stated, “There has been much fanfare around the company’s overall state of affairs. Some concerns are legitimate and responsible inquiries posed by genuinely interested shareholders. Other matters are simply libelous conjectures circulated by iniquitous persons who are not likely to be eDoorways’ shareholders, and will no longer be tolerated. In either case, our shareholders deserve clarity, and we are preparing to deliver it once and for all.”
Our company is preparing a detailed statement (Shareholder’s Address) that will cover an array of topics – such as pending changes to board and management; past, present and future financial matters, trading status, and recent talks with major technology outfits, to name a few. eDoorways will follow this Shareholder’s Address with the year’s first Shareholder Conference Call.
“The company is in an amazingly strong position today… much more so that two years ago” stated Kimmons. “With a platform that is in ongoing development by a few of the best ‘open platform’ and software developers in the business, a mobile application ready for submission, new users registering daily, the ISTEC relationship, our Facebook integration soon to be released and a growing organization in both status and personnel, there should be no question about this company soon realizing its ultimate vision.”
Due to the Passover holidays, both the formal statement and conference call are slated to take place next week April 2010, between the 6th and 8th of that month. People close to our company suggest that the Shareholder Address will be extremely detailed and self evident of the company’s commitment to transparency and shareholder confidence. It is also said that the Shareholder Conference Call will be excitingly revealing.
With our company close to delivering the remainder of Beta Version 2.5 and soon the new v2.7, management surmises that the overall viability of eDoorways is continuously strengthening. The public should ultimately be greatly impressed.
eDoorways prepares to flip the switch on our platform’s first social networking integration system, ‘Facebook Connect,’ allowing users of the popular social networking site to cross-pollinate with eDoorways users and visa versa.
With v2.5’s new Facebook integration, eDoorways plans to create a true “open platform” social networking web-based environment, potentially increasing our user base ten-fold with the flip of a switch.
“This is a very exciting feature,” said Ann Collins, eDoorways Project Manager and Social Media Consultant. “Whether you have an eDoorways or Facebook account, once you’ve connected the two, virtually any friend on either of the sites will become accessible through the eDoorways Followers / Following lists.”
While this type of integration feature isn’t completely unique to eDoorways, the company is amongst the first social networking sites to make the feature a standard of its platform – a feature that for a growing company like eDoorways can mean a radically significant increase to its current user base almost overnight.
Gary Kimmons stated, “If only 20% of our shareholder base, who may be registered on the eDoorways platform having a Facebook account was to use the ‘Facebook Connect’ feature, it could add up to two hundred thousand potential users in a very short period of time. This is huge for us; and that’s just an estimate based on our shareholder base being active participants. I can only imagine if all of our current users hit the ‘Facebook Connect’ button, we’re suddenly exposed to millions of potential new users.”
There are no plans to stop here. With other social networking platforms such as Twitter and LinkedIn being heavily trafficked, there are many opportunities for the eDoorways integration model to be employed. However, beginning with Facebook is a step in the right direction. Considering the majority of people on Facebook are generally found to have a least 100 friends, the integration should be integral to virally increasing the eDoorways user base and solidifying the company’s competitiveness.
‘Facebook Connect’ is slated to be launched within v2.5 as a bonus feature by week’s end.
As everyone is aware, we planned to release the Facebook Connect feature by the end of this week. Anyone who has worked in software can tell you that sometimes you run into an unforeseen snag that is a little more difficult to resolve than you would expect. Most of the time these glitches end up being something very small and easy to fix, just not as easy to find.
We’ve had a good track record with meeting our release dates with Solve, but the Facebook phishing virus a few weeks ago and the glitch we’re running into now have slipped the version 2.5 date a bit. We don’t like this any more than you do, however, we’re committed to delivering a quality product and we’re not willing to put something out that has a known problem. No, we’re not waiting for perfection, but we are striving for solid functionality.
What we can do, however, while we’re working out this last problem is to show you some peek screenshots of what’s coming.
If you have an eDoorways account and a Facebook account, you’ll have a few options as to how you connect the two. If you have a Facebook account and are new to eDoorways, you’ll be able to login to eDoorways with your Facebook email and password and create your eDoorways account from your Facebook information.
If you login to eDoorways with your Facebook information, you’ll be given a choice to connect the Facebook account to an existing eDoorways account or to create a new eDoorways account.
You’ll be able to go into your Account Settings at any time to verify that you’ve linked to your Facebook account, or if you logged in with your eDoorways information, you’ll have the option to connect to your Facebook account while logged into eDoorways.
Anyone who is your friend in Facebook and has also invoked the eDoorways Facebook Connect will be added to your eDoorways Following and Followers. In this version you’ll be able to Follow people you find interesting from their eDoorways profile. This feature will be expanded on in future versions.
The exciting feature of Facebook Connect will be the ability to invite your Facebook friends to join eDoorways. We believe this feature will be a great start in getting the word out within the very large Facebook community. (Pardon the blacked out faces and generic names. We’re testing with someone’s real Facebook account and don’t want to expose anyone’s information without their permission.)
We hope you like what you see and also please know that we’re working hard to get this to you as soon as possible.
Our management’s anticipation of future possibilities is drawing excitement. Our company will conduct the first Shareholder Call of the year (2010) following the written Shareholder Address scheduled for the preceding day.
Gary Kimmons stated, “We are very excited to produce and conduct both of these informational forums for the benefit of our shareholders. Absent any guidance or similar type of data, the information provided in both should absolutely quell any questions one may have regarding the overall health and condition of the company as well as the promising future for eDoorways. Neither should be missed.”
Kimmons continued, “We originally hoped to conclude on both events by the 8th, but after rehashing the possible effects of the Passover Holiday on the work week, we settled on Thursday and Friday for both events. We believe the dates work perfectly anyway… trusting it will give our shareholders something to really consider over the weekend, and to begin the next week, just as excited as we are.”
The Shareholder Address will be released late Thursday, April 8th, 2010. This document will be accessible to shareholders through the corporate blog as well as a PDF download from the corporate site.
The Shareholder Conference Call is scheduled as follows:
This morning brings new options to eDoorways. Users now have the ability to connect with Facebook friends through eDoorways and are able to receive “offline” notification through Twitter accounts.
eDoorways excitedly announced today that our company has launched its Facebook integration model, which includes the ‘Facebook Connect’ option, just minutes ago; giving eDoorways and Facebook users the ability to connect and socialize through the eDoorways platform.
Ann Collins, eDoorways Social Media Consultant and Solve Project Manager, says, “It’s such a cool feature for a web-based social network to offer and it’s so easy to use and manage. Facebook users can easily connect their account to eDoorways. Anyone who logs into eDoorways with the Facebook Connect feature can either create a new eDoorways account or connect their Facebook account to their existing eDoorways account. This feature opens many doors as we plan to give users greater flexibility in communicating across various web-based platforms.”
While the basic Facebook Connect feature is popular among many sites on the web, making it convenient for people to use one set of credentials as the sign-in for multiple sites, what makes eDoorways’ use of this feature uniquely exciting is the ability to invite and communicate with Facebook friends through eDoorways. With Facebook currently holding title as the largest social media site in the space, with a user base of over 400 million, eDoorways believes this feature will assist our company with accessing the immensely popular Facebook community. Should this feature take off, the user base of eDoorways could very possibly explode over night.
Another special addition to the integration aspect of this release is the ability for eDoorways users to get their offline notifications sent to their Twitter accounts.
“We initially planned to have the Facebook integration model released four days ago,” states Collins. “However, we just couldn’t pass up the opportunity to include the Twitter offline notification functionality as a kicker. We wish to give our users as many tools as possible to make their experience a pleasant and exciting one.”
With the integration of the Twitter offline notifications, a user would connect his or her eDoorways account to their Twitter account and then set the Notification settings to be sent to Twitter.
Ann continues, “With approximately 20 million people using Twitter, many of them on mobile devices, this is a great way for people to be notified of new requests, from eDoorways while exposing eDoorways to yet another massive web-based audience.”
Our company continues to make major strides in the development of its platform. People close to our company strongly believe, should eDoorways continue on the path of creating a dynamically functioning platform, its viability for integration with larger outfits will soon be overpowering. Management asserts, at this time, eDoorways is simply concerned with turning out the best product and service offering possible for its users.
This written address is offered in the spirit of continued transparency, dedication to improving shareholder confidence and the commitment to building a strong market value. By this address, we will in earnest, endeavor to assert simply the facts in order to remedy key points of concern.
Regardless of how long it may take or how difficult the task, eDoorways has consistently risen to the challenge to meet each and every goal set. Indeed the company’s achievements hardly come without struggle and sacrifice. So, while we understand that there are obvious open items which need to be resolved, such as the company’s filing status, eDoorways continues to make strides in ways initially not contemplated by many – as with the Facebook integration (‘Facebook Connect’). Overall, much like major corporations, this smaller developing company has had its share of challenges – much like any successful person or business. What becomes pivotal is our willingness to stay the course.
The eDoorways Corporation has not and will not concede to failure. Therefore, we believe that now would be the time to stand firmly within the vision of this company, and take hold of the opportunity to be involved with a technology company from the ground up and at the public level.
We can go as far as you believe you can take us. Have a good look… we’ve come so very far and there’s not too much further to go!
II. Our Company’s Evolution
Brief history
Mr. Kimmons first became involved with the company in 1994. Prior to that time, he owned and operated a successful educational consulting firm called Gary Anthony. At that time, he reverse-merged his private Texas learning company with a public shell company called LBM US, Inc. The name of the new company was GK Intelligent Systems, Inc, (GKI) which became an Amex Listed corporation in 1998. Mr. Kimmons personally invested several hundred thousand dollars into this venture.
GKI became dormant in 1999 due to a failed board takeover; it was making money (moving to breakeven within 60 days) at the time of the takeover and had won numerous technology and marketing awards.
From 2000 through 2002 Mr. Kimmons worked to resolve the company’s financial issues, ultimately paying creditors who he had personally guaranteed over $500,000 out of his pocket.
In 2004 the company was re-instituted by Mr. Kimmons as M Power Entertainment, Inc. with the objective of using its previous technology to facilitate a new entertainment production and distribution model. M Power Entertainment acquired a number of financially successful companies and attempted to leverage them to secure major funding on Wall Street. However, Wall Street did not have an appetite for funding entertainment rollups in 2005, and the parent company was failing to appreciate sufficient revenue through its acquisitions.
Mr. Kimmons elected to relinquish the acquisitions and start over. He changed the name of the company in 2006 to eDoorways Corporation, Inc.
The solvency of the three companies
1) GK Intelligent Systems was generating significant revenue at the time it closed its doors through its sale of an award winning product, “Around the Web In 80 Minutes”, which enjoyed international distribution. At the time the company closed its doors the burn rate was approximately $500,000 a month; our revenues were on track to break even when we closed our doors.
2) M Power Entertainment acquired six companies that were successful multi-million dollar revenue generators for the parent company.
3) eDoorways is targeted to generate revenue within the first half of the year.
Where we are today
Within the last two years, eDoorways has gone from design, to “in production,” to the delivery of a fully functioning platform with tremendous and exciting growth potential. Like any company, there are challenges, and we expect a few bump and bruises along the way. However, our intent is genuine and our tasks are carried out by an extremely talented and dedicated group of professionals. Our team is comprised of long-term contributors who prove this mindset everyday with their every selfless action and proof of production.
We’re at a place currently where moving away from consultants and back to the traditional employee model is complementary with our becoming current and moving to a stronger exchange. We are confident, that many of the current project consultants will migrate over to make up the in-house staff.
We’re actively engaged in moving toward near-term revenue and enhanced traffic on our website. Very soon, the platform will be in a place which will allow us to charge for power keys during this quarter.
As it relates to our marketing and rollout plan, going forward this will change considerably due to recent lessons learned and the new capabilities afforded to us by our developing technologies. We regard this as a very positive development as it will contribute to what we believe will be explosive growth.
Our assets
Currently, our increasingly most valuable asset is our Brand. According to Alexa.com, as of today, eDoorways.com ranking has improved by 210% within the last 30 days; placing within the top 100,000 sites in America. This is demonstrative evidence that our site and the Brand of eDoorways is quickly gaining recognition, subsequently increasing the viability of the Brand’s developing value. While at this time, it will be difficult to quantify the relation between the Alexa Rating and the Brand’s true value, it is easily determined, the more visitors and users, the greater the likelihood of substantial shareholder value being built.
As a technology company, there are other tangible and intangible assets that have and continue to be created (since 2006). The software itself that actually drives our service offering currently has a book value of $720k as of 09’. Be mindful that initially, up through 08’, the company simply expensed the cost of production since at the time such costs were more general in nature. Since 08’, the company has refined its product and service offering, thus capitalizing this item.
To date, all cost associated with the development, from an accounting perspective, has been capitalized; which is where the current book value is derived. In the long-term, as it pertains to eDoorways’ technologies, we do expect to show much healthier book values on our software
III. Financial Issues
How much money do we owe, and to whom?
As of 2009, we had a total of $6.84 million in debt on our books. As of current date, we estimate that our total debt is approximately $7.17 million. Our largest creditor is NIR.
The current debt is as follows:
1. NIR long term debt – $5.07mm
2. Non-Collateralized Revolving Line of Credit – $1.67mm ($2mm estimated adjustment)
3. Other Note – $100k
NIR – $5.07 million
NIR was eDoorways’ original lender during 2006 through 2007. They provided the company with start-up funding in the total amount of $2.5mm. These amounts were received in multiple transactions with the largest funding being $2mm. All of the NIR transactions, as initiated at that time, were classified as convertible debentures but, similar to most small developing companies, it was the only resource available and we accepted it.
Over the course of 2007, the pressure of the conversions became exhaustive on the company and we began to seek new financing. During September of 2007 we initiated a 2,000:1 reverse split which assisted with the satisfying the obligation to NIR during that time. It was then we knew this funding relationship would likely run its course quickly.
Originally, the NIR note permitted uncontrollable conversions of debt into equity upon demand. In early 2008 we became defiant toward the NIR conversions as this was not in the best interest of the company nor our shareholders. This put us in opposition with our funder, but we felt it necessary to protect the future development of the company. During late 2008 and early 2009, with the assistance of our Lead Consultant, we restructured our debt.
At the time the note was renegotiated, we moved from all of the previous conversion features to a fixed note. This change, and according to GAAP accounting procedures, caused the company to immediately realize the effect of the original issue conversion discount which triggered substantial derivative losses ($1.8mm 1st Qt or 2008 alone). It was due to the note restructuring that the debt now seen on the books is fully amortized and generated a loss to recognize the effect of the embedded derivatives and the elimination of the original issue discount to an obligation of $5.07mm.
In light of the GAAP reporting requirement of a $2.57mm dollar debt increase, eDoorways is now in a position to pay off its debt to NIR in installments, in stock or cash at the company’s election. This affords eDoorways the flexibility to protect both the company’s and shareholders’ interest while satisfying their debt.
With funds being solely dedicated to product development, the company opted to pay solely in stock. This payment was usually done at the end/beginning of each month. Usually, the affects of this payment was not observed. As the months progressed, the monthly payment has increased. As of late, the company has found that this single block payment method doesn’t work in the best interest of the company or shareholders. Thus, the company will move to make their payments to NIR over the course of the month, in either stock and/or cash, in an attempt to continue preserving shareholder value.
Line of Credit – $1.67 million (2009)
During our pursuit of funding, we continuously encountered many groups with questionable motives, offering what could be considered “toxic financing.” Everything from Reg. A, 504’s, Reg. S, equity lines, 50% discount stock purchases and debt structured financing were being offered; all were vehicles that would have weighed heavily on the company. It was at that time that our former Lead Consultant, AJENE WATSON, LLC, determined that the lending division of their private lending and financial business development firm would step in and provide financing.
The approach AJENE WATSON, LLC took to financing eDoorways remained in line with the methodology of their consulting services. The funding provided by this lender came in the form of revolving credit facilities. The total amount of the facilities was $2mm.
Unlike the typical credit facility, which is generally tantamount to systematic sales of stock to fund a company, the credit lines AJENE WATSON, LLC provided to eDoorways were non-collateralized straight revolving lines of credit. The company had the ability to pay down the revolver for continuous funding, and/or fully satisfy the debt comfortably over time. If in the event eDoorways was unable to satisfy their obligation when it came due, the facility’s debt would convert into the Preferred Shares of eDoorways.
The company was granted two credit lines – the first for $500k; the second, $1.5mm. As of 2009, a total of $1.67mm was drawn against the two facilities. However, it is in our best estimate, as of today’s date the company has drawn down on the entire $2mm combined facility.
Why there are so many negative note payables?
The Company entered into short-term funding arrangements in 2007, 2008 and 2009 for working capital purposes. In 2009 the Company paid off all of these funding arrangements for an additional 54 million shares of company common stock. Although, the negative balance was accidentally created by a double payment to a single note holder, we were required to report this according to GAAP. The particular shares associated with that payment, totaling $1.5 million, were returned by the note holder, to the company, in January 2010 and retired. This action eliminated the negative balance.
In 2008 and 2009, we were approached by a number of individuals who loaned the company money collateralized by our restricted stock. The amount of stock they held as collateral was at 70% of current market value at the time of the loans. When the company did not repay these loans to preserve cash, these individuals elected to keep the stock certificates they were holding. To our knowledge, virtually all of the former note holders still maintain their original stock certificates and have not yet exercised their right to sell pursuant to Rule 144.
At no time was any money or any other form of compensation, not earned, ever “given,” “gifted,” disbursed under the guise of a loan, etc., to the friends and/or family of Mr. Kimmons. All of the money from the loan proceeds was properly accounted for on the company’s books and was used to fund the company’s operations at the time.
The nature and disposition of our unpaid judgments
We currently have only one significant unpaid judgment on our books. The judgment is with the Texas Workforce Commission (TWC) and was filed in 1998 when our predecessor company, GK Intelligent Systems, went into dormancy. It is for $109 thousand, and has not been removed because the TWC does not have a system for expunging (correcting) the issue.
Has the company ever offered shares in a Reg. S offering, Reg A, 504, etc.?
Simply put, No. The company has never offered any shares in a Reg. S, Reg. A and/or 504 transactions at any time.
For the record, as a Fully Reporting Pink Sheet Company, the company would be required to disclose these transactions through its filings not to mention, generally must be a non-reporting company in order to use these vehicles. Our Shareholders will not discover any filings involving these types of transactions because the Company has never engaged in any.
Securities Issues
Filings
Getting our filings up to date is a high priority for the Company. The situation is always difficult for smaller public companies because the accounting requirements have changed and increased dramatically. The basic accounting for the 2009 calendar year has been done for some time. We have been dealing with several issues that have caused the delay. To date, the one thing that we seem to have remaining is the reoccurring issue of Derivative Calculations.
Among the many challenges, derivative calculations have been the one continuous and major hurdle in our completing the filings in a timely fashion. Not only is the accounting for the Derivative Calculations extremely expensive, we are in negotiations with previous lenders and this has proven to be very time consuming. As it stands, we’re actively looking to restructure an agreement that will eliminate any potential derivative liability on any convertible debt.
We have been working through these issues and believe the end is in sight. We expect to have the audits complete this quarter.
The nature of our share issuances
The majority of the shares were issued as payment in three primary categories:
(a) Consultants
(b) IR
(c) Repayment to NIR
Like most publicly traded start-up companies, the primary currency available to fund its development is the company’s common stock (free trading and/or restricted). In our case, we used a considerable amount of stock to pay our vendors, investor and public relation firms and repayment to NIR (initial lender). There was also a portion of shares used to collateralizing various short-term notes.
With the exception of the repayments to NIR, the majority of the payments to our business and project consultants were by way of restricted stock. We were also fortunate enough to benefit from IR/PR professionals that took a combination of both cash and restricted/free trading shares.
The positive side of this is that most of these consultants have worked with one another closely for over 15 months, two years in some cases; each holding on to their restricted shares. These consultants are fully invested in the eDoorways project and therefore have a vested interest in assisting the company achieve its long term goals.
As our company continues to grow, we still strive to meet our stated business objectives. We believe that we’ll have a continued success in raising investment capital. However, until we are generating significant revenues to sufficiently cover expenses, there will always be a need to support our growth through the issuance of shares.
Getting off the Pinksheets / “Stop” Signs
Our stated objective has been to grow and become a Nasdaq company. While this is a challenging objective, it’s not impossible. In 1998, our company (trading as GKI) went from the Pinksheets to Amex. Our expectation is to do it again. To accomplish our goal, we have to build additional value in our service offering and to create the proper team. Both of these are our current focus. Of course, we have to complete our SEC filings appropriately and on time. This is becoming easier for us now as we have adapted to the new FASB accounting regulations. After we get our filings in for 2009, we expect to maintain the required reporting schedule.
Regarding the issue of a “Stop Sign” notification that was placed on our trading page of the Pinksheets.com website, the sign was eventually removed when we complied with their information and fee payment requests. The nature and intent of their action, which was taken against other companies as well, is very controversial. In fact, several companies have elected to file suite against Pinksheets.com with the contention that there were behind-the-scene activities that facilitated the shorting of their securities. We have elected to move on with a focus on getting back onto the OTCBB and beyond as quickly as possible.
Anticipated resolutions
We currently do not see the necessity to consider a reverse split. We know that shareholders often view reverses with distaste as the result may often be that they hold fewer shares at a lower than desired price. At this time, we do not see reverses in the future of eDoorways.
The company’s historical application of reverses
Since 1994 when Mr. Kimmons took the helm, the company has elected to reverse the stock on three occasions.
1) March 19, 2002 – 10:1 reverse as M Power Entertainment. This was done to recapitalize the company, which had closed its doors in August of 1998.
2) May 10, 2005 – 2,000:1 reverse as M Power Entertainment. This was done to facilitate the acquisition of additional companies.
3) September 4, 2007 – 2,000:1 reverse as eDoorways. This was done to assist with the payment to NIR
Again, currently we do not see the necessity to consider a reverse split.
Issued and outstanding
We currently have approximately 902,625,169 issued and outstanding shares.
Recent market activities
We have endured heavy selling at strategically inopportune times. While a certainly degree of sell-off and profit taking is to be expected, we have encountered a softer market for our stock than anticipated. In recent months, our securities have traded at lower than anticipated levels. What has caused this set of circumstances? We believe that several factors are at work.
At the beginning of 2010, our largest lender exercised 10 million warrants which we believe were sold aggressively on the market. We released an 8-K notifying the marketplace of this fact. The manner in which these shares came to market hurt the price of our stock. To our knowledge, there are no other significant holdings by this investor.
Legal Issues
Please explain your lawsuits
Mr. Kimmons and our predecessor company, GK Intelligent Systems, were sued by Jacody Intl in 1997. Mr. Kimmons and GKI won the suit in state, federal and federal appeals court.
In addition a class action suit was filed by an Oklahoma attorney named Federman in 1999 and the case was settled out of court for a nominal amount by our insurance carrier.
There were also suits filed from 1999 to 2001 by several parties alleging financial damages incurred when GKI entered its dormancy.
All were settled to the benefit and satisfaction of our company. There have been no other significant lawsuits to report.
Actions of Principals and Affiliates
How Mr. Kimmons and his family have benefitted
Mr. Kimmons’ has received very little cash remuneration for his efforts as CEO. In 2008 and 2009, the larger portion of his salary was paid in restricted stock. In 2008 Mr. Kimmons received $51K in cash compensation; in 2009 $60K. In those same years he received 75,000 shares of Preferred Series C stock and 10.5 million shares of restricted common stock in lieu of cash.
His current agreement calls for him to receive $10K per month in salary. He also has a performance clause that would grant him restricted shares based on his performance this year and next as follows.
Mr. Kimmons will qualify for up 250,000 shares of Series D Preferred stock during the years 2009 and 2010 upon the completion of each of the following operational earmarks. The total shares of Series D preferred shares that can be earned under this performance incentive will not exceed 1,250,000 shares of Series D Preferred Stock. Upon the accomplishment of the tasks listed below the board of directors will vote to allocate up to 250,000 shares to Mr. Kimmons. The tasks to be accomplished and their associated share award are: (1) Returning the company to full Bulletin Board (or higher) trading status (100,000 shares). (2) Completion of the company’s beta launch of the SOLVE doorway (100,000 shares). And (3) Completion of the company’s soft launch of the LEARN doorway (50,000 shares).
The Kimmons Family Partnership, Ltd., holds 34,375,000 shares of restricted common stock in the company. Gary Kimmons holds 6,531 shares of restricted common stock. In addition, the Kimmons Family Partnership, Ltd., holds 750,000 shares of Series C convertible preferred stock that is convertible to restricted common shares on a 20:1 basis. Gary Kimmons and The Kimmons Family Partnership, Ltd. have not sold any of the aforementioned stock, nor has any of the aforementioned stock been sold on their behalf by a third party.
Kathryn Kimmons and Lance Kimmons each receive $2,500 per month to serve on the Board. Virtually all of this was paid to them in restricted stock. Lance also serves as Director of Operations. He receives $8K per month in this capacity, which he has been receiving in cash.
The composition of our board
Our initial objective was to keep our operations closely controlled. Our problems in 1998 arose when the board got out of control. We placed Gary, Kathryn and Lance on the board with the idea that others will replace them as we move to higher exchanges. Currently, we are searching for new board members and intend to make changes in this area within the second quarter.
Our use of consultants versus full-time employees
Most of our development has occurred during the recession. It simply did not make sense to commit to hiring full-time employees during the economic downturn. Starting people initially as consultants allows us to see who the performers are, which is common for companies of our size and nature. We are now shifting to full-time workers as we enter into our roll-out phase.
Ian Mitchell’s role in the company; what is the current relationship?
Ian Mitchell owns eC Technologies. His company is developing the eSee device and the eyeCandy. eDoorways isn’t involved in their efforts. It was decided that it best served the interest of eDoorways not to attempt an engagement in both the software and hardware industries simultaneously. The original vision of the company never placed an emphasis on hardware, and as such, we are simply returning to our core focus.
Mr. Mitchell and his team work at their own physical location in Austin. We have a contract with Ian’s company that will allow us to benefit from his development endeavors.
Under our agreement, eDoorways has a license agreement to purchase the eyeCandy or eSee devices at a preferred price starting the beginning of the third quarter of 2010.
Though Mr. Mitchell is not a board member, he is vested in EDWY and its success.
Shareholder Concerns
Why we are being blasted on the boards
Unfortunately, one of the more frustrating aspects of anonymous internet posting, is that it allows individuals to participate who have dishonorable motives. We now have people participating on our message boards who we strongly feel have been hired by special interests (such as shorters and market makers) to generate negative, and usually totally false, information about publicly traded companies. Their “facts” are aimed at damaging our company, and their intent is to get us down and keep us there. It is our, Mr. Kimmons’, opinion that there is criminal intent and we plan to act aggressively with regard to our legal options.
Who they are
As it relates to our company, there are only a few individuals who are abusing their right to free speech and violating legal statutes. We are actively pursuing them. This is a difficult process because they are essentially cowards who have no shadows. They leave little to no footprint and may be impossible to contact.
What we plan to do about it
We are looking for these people and when we find them, we intend to exercise our (and your) legal rights to the maximum extent possible. After all, they are hurting all of us, and their actions cannot and will not be tolerated by this organization.
Closing Remarks
This completes our presentation of the key issues related to eDoorways Corporation. We hope that you accept this information in the spirit that it is offered – as a genuine expression of our desire to make our company the best it can be, and for you, our shareholder, to be a highly involved and informed participant.
We are extremely excited about the future of our company. We intend to share our excitement with you in the upcoming conference call on Friday of this week.
Our intent is to move forward from today and to build on the empowerment we are creating. For this reason, we respectfully request that you honor our desire to make the focus of our call about the opportunity for the future, and how we are going to get there.
The same-day release of the Facebook integration model, offline notification through Twitter, and post of the written address to shareholders, has both shareholders and non-shareholders alike, keenly interested in today’s shareholder conference call.
Gary Kimmons stated, “Yesterday’s improvements to beta version 2.5 has resulted in significantly more sign-ups to eDoorways in a single day then what we’ve seen since our launch this past December. However, an unexpected and amazingly overwhelming positive response has come from last night’s post of the shareholder’s written release. It was quite rewarding to receive the nods of approval from our user and shareholder base.”
eDoorways expects to have a full house on the phone lines today, with thousands more of our company’s shareholders and supporters listening to the call through the live webcast.
The shareholder conference call is scheduled for today, Friday, April 9th, 2010 at 1:00 PM Eastern. The dial-in numbers are (877) 407-9210 for domestic callers and (201) 689-8049 for international participants.
This call will also be accessible to those unable to reserve a phone line via live webcast:
Our management refers to today’s phone conference as the “Go Forward” call. With most of the topics of recent chatter now addressed and behind us, our company believes that it can better offer a clear picture of where eDoorways is today, our company’s overall objectives and the future value of our brand.
We added a few new features to the site yesterday. In our last shareholder conference call we announced that we’d be moving to smaller releases and this is the first release in this new format. Smaller releases allow us to get features out quickly without having to wait until a large release is complete.
The main addition in this current release is the ability to receive an offline notification text message. This feature will definitely enhance the user’s ability to quickly be informed if someone on the eDoorways site has selected them to join in a conversation. This is a feature we feel will be very attractive to small business owners who are too busy to be tied to their computer and email.
In addition to the text message notifications, if you receive an offline notification for a chat request, the chat will be listed in your conversations window when you log in. This addition will make it even easier to connect with the person requesting your expertise or services.
The setting to select text messaging for offline notification is located on the Account Settings page. You can now select more than one delivery method for your offline notifications, allowing you to have multiple delivery methods if you desire. For example you could opt to have email and text notification, or even Twitter notification as well. As always, every user has the option to opt out of offline notifications all together.
There are two situations where you will receive an offline notification. The first would be if a user does a search and they select to chat with you. If you are logged in, the chat will pop up in your conversations panel and if you’re offline, a chat request notification will be sent to you. The second way to receive an offline notification is if you’ve been engaged in a conversation and logged off while leaving it open in your conversations panel. If someone adds a comment to the conversation while you’re offline, you’ll receive an offline notification.
One other noticeable change to the site is the addition of time stamps to the chat entries giving a good context to the conversation and how long it’s been since the last comment.
The rest of the changes are behind the scenes bug fixes. We’ve also done some work to give us better monitoring of the activity and behaviors on the site giving us the ability to better support our users.
We’re still working on our Q2 milestones and you’ll see more of these small releases as we move toward our goals.
eDoorways is experiencing a positive market response for its Internet based service offering, www.eDoorways.com. Our Company is in the process of closing several significant revenue generating agreements associated with PowerKey channels.
eDoorways attributes its strong initial marketing success to the recent unveiling of PowerKey channels at South by Southwest (SXSW). Our Company began its initial marketing campaign at the SXSW exposition and tradeshow in Austin, Texas in mid March. The reaction to PowerKey channels was extremely positive, with a number of large organizations indicating their desire to create channels.
According to Gary Kimmons, “A PowerKey channel is a specially-dedicated channel now available to interested individuals, businesses, organizations, special interest groups and associations. It enables groups of people with common interests or business affiliations to have a specific environment to find and interact with each other. For example, a car club that wishes to provide a new level of service and connectivity to its members can do so with a PowerKey channel. With the PowerKey channel, the club can offer its members unlimited PowerKey usage, chat interactivity, and in the near future, media exchange and two-way video streaming. This is a unique and highly attractive package, with many companies seeing a new, innovative way to reach and service their market.
Kimmons continued, “A PowerKey channel can be public, where anyone can have the option of joining, or they can be private where the member list will be controlled and only visible to the members of that channel.”
Our Company believes that PowerKey channels offer a unique opportunity for the creation of a viral marketing context. The fundamental driver of the eDoorways collaborative platform is that there is an opportunity for people to connect and engage in beneficial commerce and discourse irrespective of whether they know each other. eDoorways is marketing its PowerKey channels to large businesses and entities with constituents already having a strong, established reason for collaborating. By attracting such entities, eDoorways can enjoy the mutual benefit of further enhancing the collaborative nature of its social network environment while adding a large number of participants.
All members of the public or private channels will have access to the main eDoorways site (www.eDoorways.com) and when groups are loaded in by the tens of thousands, the eDoorways user base could grow at a break neck pace bringing immediate value to the platform.
Ann Collins, eDoorways Social Media Consultant and Solve Project Manager states, “We’re negotiating several revenue generating agreements at this time with organizations bringing user lists with as much as 20,000 members. These lists will ultimately allow us to garner substantial revenues from PowerKey rentals and in the very near term, additional revenue sources through subscription versions of the PowerKey channels. To date, many organizations have shown great interest in our subscription version; affording these major companies an interactive view of the PowerKey channel on their own website.”
It’s expected that PowerKey channel revenues will be strong. eDoorways’ revenue model calls for it to receive monthly fees from individuals using the channels who wish to pay to be notified when someone is trying to connect with them. Our Company believes that these fees can total at least $4,000 to $8,000 per month for each group of 10,000 people who elect to use a channel.
We are currently negotiating the closure of our first corporate arrangement – potentially delivering nearly 30,000 users to the first PowerKey channel.
eDoorways Corporation has announced that CorkSport, has agreed to become the first of the early adopters of the company’s new PowerKey Channel service offering. The international automotive aftermarket specialty company is shifting gears onto eDoorways’ platform, pushing its revenue potential to greater speeds.
According to the engagement and services agreement, CorkSport has become a corporate customer of eDoorways (www.eDoorways.com), using the PowerKey Channel functionality as a new outreach mechanism for their [CorkSport’s] global customer base – currently at approximately 22,000 subscribers and growing rapidly. According to recent news, this deal is perfect for the increased traffic and initial revenue eDoorways desires.
Gary Kimmons, Chairman and CEO of eDoorways Corporation, said, “CorkSport is a great way for us to prove the value of the PowerKeys and our PowerKey Channel model. First, the revenue potential of this deal is very impressive. Not to mention, we instantaneously have roughly 22,000 new users on the platform; all interacting in a space built just for them. These users get the ability to network in an entirely new way about specific common interest. This is the power of the PowerKey Channel model.”
CorkSport was founded in 1998 in Portland, Oregon by Derrick Ambrose and Richard Harris. Aiming to serve the Mazda brand, the company has dedicated itself to offering high level performance products and support for Mazda vehicles. Today, CorkSport is among the oldest of the aftermarket parts manufacturers in the United States exclusively serving the Mazda market.
As the principals of the privately held company determined that the direct customer base could be increased exponentially through a more aggressive internet plan, CorkSport launched “CorkSport 2.0” in 2009. With the use of blogs, robust technical online content and some social media efforts, CorkSport broadened its reach significantly across the globe. CorkSport clients reside in the US, Canada, Japan, England, France, Belgium, Switzerland, Italy, Puerto Rico, Australia, and the Virgin Islands among other places.
In pursuit of greater ambition, CorkSport looked to enhance the overall usefulness of its services. By offering a social media medium that would be unique to the PowerKey Channel serving the Mazda enthusiast’s particular interest (automotive performance, upcoming events, etc.), yet, affording clients the flexibility to interact with others outside of the private space, it is surmised that the PowerKey Channel will potentially put CorkSport way ahead of its competitors.
Derrick Ambrose, Co-Founder of CorkSport, stated, “With the upcoming launch of the CorkSport PowerKey Channel, not only will we be able to communicate in real time with our clients in the United States, but our international clients will also have real time access to our company and to each other. We are looking forward to sharing the new developments with our clients and witnessing the great things our customers are doing with our products all over the world using the eDoorways platform.”
“CorkSport not only brings us revenue and traffic, but also serves as a great way for us to start implementing our new viral marketing campaign which is less expensive and more nimble than our original marketing plan,” said Ann Collins, Social Media Consultant and Solve Project Manager. “CorkSport is bringing a large user base of people who have a common interest and a desire to connect with each other, helping to create an environment where traffic will start to virally increase as these users spread the word to other like-minded people. This is known in social networking as creating a viral expansion loop or viral loop.
“We are already seeing interest shown by other automotive related entities who want to jump on the bandwagon. This is just the start.”
The implication of this first corporate deal certainly looms large for eDoorways on several fronts – financially, increased traffic, visibility, marketing, etc. Revenues derived from just these 22,000 unique users can potentially deliver a very healthy monthly income stream to the company.
To this, eDoorways believes there may be no limit to its channel activity. With various “hobbyist” sites covering a large range of topics, as with CorkSport, eDoorways can become home to a number of corporate clients seeking PowerKey Channels for their users. The opportunity is immeasurable.
To date, eDoorways is in talks with several possible corporate channel prospects. A high closure rate is anticipated.
Yesterday we filed Form 15 with the SEC. This means that we are not formally required by the SEC to submit filings. This is a compliance strategy that we can change simply by making our filings; it does not constitute a change from our current operational status. Our daily trading will continue as usual. We have absolutely no plans to take a voluntary de-listing (i.e., stop trading) or to go private.
Our decision to elect non-reporting status for the time being is due in part to the fact that completing the corporate audit will be a considerable expense due to the derivative issues associated with our debt. It is also designed to give us more freedom to focus on getting our eDoorways service into the marketplace and to generate revenue. We are currently experiencing a very favorable response to our website and to PowerKey channels. We therefore believe that we have a unique opportunity to make significant inroads in a short time. Opportunities like CorkSport, our first PowerKey Channel client, are going to create significant short term revenue for our company.
Gary Kimmons stated, “We currently have several PowerKey Channel opportunities similar to CorkSport. Our preference is to spend our capital on getting the product out and attaining profitability. We believe that building traffic and generating revenue are the most important things we can be doing. When those are achieved, all good things are possible.”
Thus, for the next few weeks, that’s exactly what we’re going to focus on. We are going to work to preserve cash, continue enhancing our product, and focus on building the business. When we achieve those objectives, we will shift our emphasis to include getting our financial reports filed with the SEC. At that time, our financials and corporate valuation could earn us entry into one of the higher markets such as Nasdaq.
Yesterday, we received several questions regarding the status of our relationship with Mr. Ian Mitchell and whether we have a right to sell the eSee device he claims to have in development. These questions have arisen as a result of recent postings on Mr. Mitchell’s Facebook fan page.
Mr. Mitchell is correct in his assertion that we no longer hold a licensing agreement for the prospective eSee device, should one be developed. However, we did sign an initial agreement with him on April 1st, 2010 that gave us a license. That agreement was meant to set the stage for a final agreement that would be ratified within 20 days.
However, we were served with a lawsuit by Ms. Giselle Koy, an alleged business partner of Mr. Mitchell, as we were in the process of consummating the agreement. Her suit alleges an investment in our company through Mr. Mitchell for which she has not received compensation. Mr. Mitchell is also a defendant in that suit. Since we received notification of Ms. Koy’s filing, there has been no progress reaching a final agreement with Mr. Mitchell and eSee Technologies, his company.
We strongly deny the Koy claim and have filed an appropriate response with the court. We also are assessing all of our rights and privileges regarding this matter and intend to take any and all action necessary to defend the rights and interests of the company and our shareholders.
Here is the latest information concerning what eDoorways has been doing. We will be giving you more information about these activities in detailed releases.
Our Short-term Revenue Generation Strategy is Progressing Well
The initial response to our PowerKey Channels has been very positive. We have experienced broad interest in our channels, from individuals to large organizations in such diverse areas as auto sports, pet care, artisanship, the marketing of alcoholic beverages, television broadcasting, home shopping, political groups, animal rights movements, and academia. We expect to start generating revenue as these entities emerge on channels, and when people elect to pay for PowerKey notification.
Channels will bring us near-term revenue through PowerKey rentals as well as subscriptions. Many PowerKey Channel operators will elect to use the subscription widget view we’re offering as part of their website. The widget will allow their channel participants to enter at their site rather than on eDoorways’ website. We intend to start generating revenues from subscription fees paid by advertisers desiring to take advantage of the real estate surrounding the widget “window” or from PowerKey Channel operators electing to pay for white label widgets on their site.
The Load-in of ISTEC’s Members is Beginning
We now have an implementation plan in place for bringing ISTEC’s 20 million members into an “ISTEC” PowerKey Channel. This is an involved process that has taken some planning. The University of New Mexico, which is where ISTEC has its administrative offices, will be assisting with the effort. Our goal is to load as many of the members onto the channel as possible over the summer.
We Have an IR Strategy to Support Our Stock
There is a significant short interest in our stock. We are aware of the situation and are working with our soon-to-be-announced IR firm to combat it. We are going to aggressively support our stock in the marketplace by proactively engaging known “shorters” and by applying strategies that make their activities more difficult.
LEARN is Strategically Positioned for Success
LEARN’s basic functionality is in place. But we are examining how LEARN can be much more. Thus far, LEARN has been about helping people create high quality learning experiences simply and easily as well as giving learners a new, more effective way to learn. Now, we are expanding that concept to a vision that includes making learning experiences available any time, anywhere, about anything one might want or need to learn. This vision is in keeping with the overall scope and concept of the eDoorways service offering.
Dr. Crosscope has developed a working version of the two key components of LEARN – the ability to build LEARN courses from concept to completion, and the ability to take a course that has been created in LEARN using the Smart One intelligent teaching methodology. What remains developmentally is for us to develop the Drupal interface for the software Dr. Crosscope has written. That’s going to be a priority after we successfully launch our PowerKey Channel system and the iPhone app.
LEARN is a big part of the ISTEC initiative. It’s expected that LEARN will play a key role in the service offering we are constructing for the ISTEC opportunity.
The Big Picture Has Not Changed, and it Looks Promising
Our original vision of the seven “doorways” is central to our effort. We have not deviated from our vision of the seven key areas of functionality, which includes SOLVE, LEARN, and CREATE (which we will say more about in the near future). However, rather than being discrete “doorways”, or entry points, they are evolving into overlapping, and highly interrelated functional “venues”.
What’s interesting is that we are encountering various groups interested in the concept of creating an “emergent” collaboration platform that would foster grass roots innovation and creativity on an international level using the functionality of these three “doorways” as its basis. We are in communication with these groups and are sponsoring the idea of eDoorways as a mechanism for such an endeavor.
We know people have been waiting for the new PowerChannels and we’re happy to announce they will be unveiled very soon.
We were planning to launch the PowerChannels with core functionality and add features over time, but our first PowerChannel customer, CorkSport, (and many other PowerChannel prospects) wanted to get a few of the evolved features in before they launched.
The PowerChannels will launch with the ability to showcase video, audio feeds, and your own content area. The site layout has changed quite a bit to accommodate these features. Of course this isn’t the final version and we have quite a few revisions and features planned.
We’re also actively signing organizations up for PowerChannels and are well on the way to automating the signup process.
Congratulations to Dr. Walter Bumphus
Early in the second quarter of 2009 Dr. Walter Bumphus joined us as a LEARN consultant. Dr. Bumphus has proven to be a valuable resource, providing us with key connectivity to leaders in the education arena and offering guidance and professional support for eDoorways’ LEARN component.
We respect Dr. Bumphus and appreciate his outstanding accomplishments. That’s why we were pleased to hear the big news last week. Following a six-month national search, the board of directors of the American Association of Community Colleges (AACC) has selected Dr. Bumphus to serve as its next president/CEO. The decision was announced following a specially called meeting of the board held June 16-18 in Washington, D.C.
For more information about Dr. Bumphus, the following link is available:
We are extremely pleased with this development and wish to offer our congratulations to Dr. Bumphus. Significantly, Walter has provided his assurance that he will continue to work closely with us as we deploy our LEARN functionality. He will also bring a new perspective to our endeavor – how LEARN can be of value to America’s community colleges.
Discussions with Kopin Corporation
We are engaged in exploratory talks with Kopin Corporation, manufacturer of the “Golden-i“ wearable computer. Kopin has created the “Golden-i” to facilitate spontaneous access to information as well as to enable shared collaborative experiences. This makes “Golden-i” a natural candidate as a device for extending eDoorways’ performance support functionality to remote locations and to simplify and enhance the performance of daily tasks requiring web connectivity and hands-free interactivity.
Here’s some late breaking news about “Golden-i”. A few weeks ago, in open competition during on stage demonstrations against selected industry finalists, “Golden-i” won the TSIA (Technology Services Industry Assoc.) Vision – Product Innovation of the Year for 2010.
Here’s the press release that showcases “Golden-i” as a game-changing product:
Kopin is partnering with Motorola and Microsoft in their quest to transform mobile computing. The current version of “Golden-i” is designed for industrial, heavy-duty work functionality. Designed to be an open-API product, it’s functionality is increasing daily due to the contribution of third-party software developers.
Kopin plans to create a “pro-sumer” version of “Golden-i” that will be one-tenth the mass of the current version with ten times the power. Also, it will be priced for broader appeal in the marketplace.
Kopin and eDoorways see tremendous benefit in an alliance and are working to create a more formal relationship. ISTEC is also playing an active role; a prospective eDoorways/Kopin alliance could be of real and consequential benefit to Latin America.
Key Meetings in Albuquerque
On June 16th and 17th, Gary Kimmons and Ann Collins traveled to Albuquerque, New Mexico to attend meetings with ISTEC and the University of New Mexico (UNM) at the university’s campus.
The purpose of the meetings were to explore potential synergies with the University of New Mexico in the fields of distance learning and education and to assist ISTEC with the process of moving its membership onto the eDoorways platform. Department heads representing UNM’s Extended University and New Media / Extended Learning divisions attended the sessions.
Chris Parkinson, PhD, Kopin Corporation’s “Golden-i” Software Manager, presented their product at the meetings at the invitation of eDoorways. At our request, Dr. Parkinson brought three “Golden-i” demonstration prototypes (there are only 50 in the world, and Motorola has 25 of them).
The meetings provided an opportunity for Ann Collins and Gary Kimmons to demonstrate the functionality and benefits of eDoorways’ new PowerChannels to ISTEC and UNM. In addition, Dr. Parkinson demonstrated “Golden-I” functionality, showing how it can be a powerful compliment to eDoorways’ platform.
The meetings concluded with an agreement that UNM will work with eDoorways as it finalizes the design of the LEARN functionality and begins its rollout. UNM also is offering to provide empirical testing and validation of LEARN. Of equal if not greater importance, ISTEC’s senior management gained a clearer comprehension of the capabilities of our PowerChannels. They also engaged in a brainstorming session with our team about the anticipated social engineering issues as they move to our platform.
Our perception is that the two-day session set the stage for an accelerated ramp-up of Latin American operations. We will be assisting ISTEC’s VP of Operations, Ms. Dulce Garcia, as she proceeds with the integration of ISTEC’s members.
Marketing Our PowerChannels
One way that eDoorways will increase it’s value, not only monetarily but functionally, is to increase the number of people using it. We believe that PowerChannels are the ideal way to draw large groups of people into the system and we are searching for several business development people to aggressively market PowerChannels and ramp up the number of users.
After the PowerChannels launch you will see a rapid increase in the number of channels. As a result, we expect to have quite a few people who want the subscription widget on their site, ramping up revenue as well.
We are pleased to announce that we have engaged InvestorsVoice, Inc., a multi-faceted Investor Relations, Communications, and Public Relations firm headquartered in Houston, TX, to assist the Corporation in its ongoing efforts to strengthen and enhance its relationship with shareholders, potential investors and the investment community as a whole.
The main long-term objective is to provide existing and potential investors, either directly or through their investment advisors, the opportunity to learn more about eDoorways, its management and in particular, its strategy in a market offering great opportunities for growth. Under the terms of the services agreement, InvestorsVoice will immediately assist EDWY in the development and production of its Investor Relations-related material.
“We are very excited about utilizing InvestorsVoice resources to build a strong shareholder value. We will be capitalizing on InvestorsVoice know-how and experience to get the necessary awareness about our company out to our shareholders and investment community,” said Gary Kimmons, CEO of eDoorways Corporation.
As a result of the explosion of information sources on the Internet, as well as easy access to social conversations about products and services, investors are reinventing the investment search process. The new breed of investor, Investor 2.0, doesn’t want to be sold to through traditional outbound sales and marketing channels, but rather expects to find the relevant information about the companies, products and people they are considering as an investment through web-based research. Yet the same explosion in web-based information sources and conversations that have powered Investor 2.0 are unfortunately hampering many businesses’ ability to cut through the clutter and rise above the noise in order to reach them.
Enter InvestorsVoice. InvestorsVoice’s IR Channel utilizes eDoorways’ PowerKey technology. The InvestorVoice IR path for marketing optimization brings clarity to businesses around how your Investor Relations efforts are performing today and how they can be optimized to drive additional investors in the future. InvestorsVoice’s approach simplifies marketing efforts to identify, prioritize and manage investor communication opportunities to attract and engage the investment community.
View the InvestorsVoice PowerKey Channel here: www.edoorways.com/Investors-Voice
“The objective of our Investor Relations service is to create shareholders by helping businesses improve their companies’ “findability,” versus traditional approaches to marketing — which merely solicit investors through interrupt-based outreach efforts,” said Robert Adams, Sr. Vice President of InvestorsVoice. “The InvestorsVoice IR approach helps companies shift from telling investors what they need, to helping them find what they want.”
InvestorVoice also announced today it’s launched its new website (www.investorsvoice.com) to provide investors, partners, future customers, the public and other interested parties an up-to-date picture of our client companies. This new website is part of InvestorsVoice’s ongoing commitment to communicate effectively and in a timely manner with the investment community.
eDoorways is anticipating a strong second half of 2010, with demand increasing for its first product, PowerChannels, and continued expansion of its Latin American opportunity.
The first half of 2010 has been filled with accomplishments for eDoorways Corporation. The period has been marked by increasing functionality of the eDoorways website and service offering, the deployment of PowerChannels as a new product avenue, and increasing opportunity for growth and revenue generation in the international marketplace.
“In the first half of this year, there have been significant functional enhancements to the eDoorways website and platform. Key collaborative features of the site have been enhanced, and the addition of PowerChannels has given us a powerful mechanism for rapid growth. This bodes well for the second half of the year, “ said Gary Kimmons, CEO.
Of principal concern has been the design and integration of software to manage the revenue generation components of the platform. This includes the processing of subscription revenue, payments made for PowerKey notification, and the processing of ecommerce transactions. Work is continuing in these areas.
A second area of great importance has been the implementation of PowerChannels as a mechanism to engender viral expansion of the platform. To grow the site quickly, it is important to create a context that encourages large groups to bring their constituencies into their respective PowerChannels. An example is CorkSport, a web-based Mazda high-performance parts and service business that is in the process of bringing its (approximately) 30,000 clients into its own PowerChannel.
The emergence of PowerChannels as a strategic growth mechanism has been a source of satisfaction for management, who have assigned a priority to their expansion. PowerChannels now play an integral role in the company’s near-term business plan and sales rollout strategy, and the first wave of channels are now in development. PowerChannels are being received favorably in the marketplace – demand for the channels is growing organically as word is spreading of their availability.
These developments have not foreshadowed developments with the company’s largest client, ISTEC (Ibero-American Science, Technology and Education Consortium), which is in the first stage of migrating its members to the eDoorways platform. ISTEC enjoys a strong working alliance with two international organizations, both of which have global conferences later this year that eDoorways will attend.
“We have three major events for which we are planning. First, we have the COMCYT-OAS meeting in Washington, DC starting September 9th. Then, the World Engineering Education Forum (WEEF) will be held in Singapore beginning October 17th. Then, on November 29th, the ISTEC General Assembly will be held in Porto Alegre, Brazil. These are all key events that we intend to leverage to increase membership and participation in the eDoorways platform,” stated Kimmons.
Product development will continue as the events transpire. “We have a lot of work to do as we continue to grow our brand.” stated Ann Collins, Program Manager and Social Media Consultant, “Among the things we are working on are the subscription widget which will allow channel owners to have an interactive window on their own websites, the ability for anyone to create their own PowerChannels, enhanced PowerKey notification, and the ability for channel subscribers to opt-in to relevant PowerKeys for each channel. Work is also continuing on the infrastructure to manage revenue generating transactions.”
In addition, the company is in the process of formalizing a relationship with Kopin Corporation, manufacturer of the “Golden-i“ wearable computer. Kopin and eDoorways see this relationship as being extremely beneficial to both parties and a powerful compliment to the eDoorways’ platform.
eDoorways recently launched the Art Channel as one of it’s first PowerChannels. eDoorways PowerChannels are essentially highly focused, collaborative social networks that are formed to accomplish a specific objective that is business-oriented, recreational, or purely personal.
Houston artist Alissa Fereday approached eDoorways with the idea of creating a PowerChannel for the art community to use to showcase their work, find and communicate with other artists and to find likeminded people to collaborate with.
Alissa is an internationally collected abstract artist who burst onto the art scene about five years ago and has had her work in many of the prominent galleries in the Houston and Galveston areas. Her work is very unique and is made up of many layers of collaged words, spiritual writings, paint, and diverse textures.
Creativity in the medium of art is not the only area Ms. Fereday is skilled. She has used social media in ingenious ways to develop strong relationships with over 23,000 followers on her main Twitter account www.twitter.com/AlissaFereday, and over 11,000 followers on her art account www.twitter.com/ITweetArt. Her social media savvy has helped her to sell her artwork online. “I was shocked when someone on Twitter bought one of my paintings sight unseen.” says Ms. Fereday. She has since sold thousands of dollars worth of artwork through social media.
Ms. Fereday states, “I just recently won a large corporate sculpture commission (at least partially) due to the fact that I had such a well known online presence.”
“eDoorways is a perfect fit for Ms. Fereday and we are excited because she can invite her huge following into the eDoorways platform.” states Ann Collins, eDoorways Program Manager and Social Media Consultant.
Alissa says, “I’m excited to find such a real-time, interactive social media vehicle that allows people to easily converse with each other and find people and connections they never knew existed.”
Ms. Fereday will be hosting an event on the eDoorways Art Channel (www.edoorways.com/Art-Channel) this Friday, July 23rd, 2010 from 11:00AM to 1:00PM Central Time. She will be telling her story about how she was able to break into the Houston art community and be shown in large galleries very early in her career. Sign in to eDoorways to hear her story, ask questions and be entered into a raffle to win a series of 5 matted prints of her paintings valued at over $200.00. To be eligible for the prints you must participate in the conversation!
/PRZOOM – Newswire & PRToday/ – After months of preparation, ISTEC (Ibero-American Science Technology and Education Consortium) and eDoorways (EDWY:pk) are actively engaged in establishing a web-based collaborative platform for the consortium’s future needs.
Houston, TX, United States, 08/05/2010 – eDoorways (EDWY:PK) is working with ISTEC to create an international web-based platform to facilitate lifestyle problem solving, learning, innovation and creative thinking. eDoorways’ PowerChannels will play a key role in the new platform, serving to facilitate cross-cultural exchange in such areas as entrepreneurship, sustainability and environmental awareness. In addition, a special PowerChannel is being developed to serve as a primary communication and collaboration organ for ISTEC’s General Assembly meeting in Porto Alegre, Brazil in December of this year. The channel will allow meeting participants to confer with presenters and political dignitaries before, during and after the event.
ISTEC is a consortium of over 100 universities serving a large fraction of the estimated 20 million students and faculty members. It represents the educational, scientific, and business interests of 28 Latin American countries including Spain and Portugal in Europe. Because it’s interests are large and diverse, the sharing of mutual interests and knowledge is a formidable challenge.
“ISTEC’s plan is both exciting and ambitious,” said Gary Kimmons, CEO of eDoorways. “They’ve been busy planning the deployment of their vision since we signed our agreement. It’s very comprehensive, and I believe it’s going to have a major impact on the countries and people they serve.”
“We’ve pulled out all the stops, and now we are deploying the kind of web-based platform we have dreamed about since we started 20 years ago,” stated Dr. Ramiro Jordan, founder of ISTEC. “For the first time in our history, every member of our organization will be handed the keys to empowerment. Every person, every organization, and all of our institutions of higher learning will have instantaneous connectivity with the ability to share information and interact with purpose. Our industrial members will be able to interact directly with academic institutions identifying new collaborations and entrepreneurial activities. This has been a long time coming, and eDoorways is going to be with us every step of the way to help make it happen.”
eDoorways is stepping up to the challenge of serving the diverse needs of a multinational organization. While the challenge is undeniable, the potential reward may prove to be immeasurable. “Dr. Jordan’s dream and our dream are now one and the same,” said Gary Kimmons. “We will not stop until we have united the individuals and organizations he serves.”
AUSTIN, Texas–(BUSINESS WIRE)–SmallCapVoice.com, Inc. announced today that a new audio interview featuring eDoorways Corporation (Pink Sheets: EDWY) is now available. The interview can be heard at http://smallcapvoice.com/blog/8-5-10-audio-interview-with-edoorways-corporation-pink-sheets-edwy/.
Dr. Ramiro Jordan is Founder and Executive Vice President of ISTEC (the Ibero-American Science and Technology Education Consortium), a non-profit organization comprised of educational, research, industrial, and multilateral organizations throughout the Americas and the Iberian Peninsula. Currently he holds the position of VP for the Americas Region in the International Federation of Engineering Education Societies. He is also a Board member of the Engineering for the Americas Initiative, which is an Initiative of all Heads of State of the Americas Region hosted by the Organization of American States. He also is Executive Vice-president and Chief Development Officer of Gridline Communications Holdings, Inc. He is currently a faculty at the Electrical and Computer Engineering department at the University of New Mexico (USA) as well in the Universidad Nacional de La Plata, La Plata (Argentina).
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its audio interviews, as well as its clients’ financial news releases.
SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools like stock charts, stock alerts, and company information sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. To learn more about SmallCapVoice.com and their services, please visit http://www.smallcapvoice.com/services.html.
/PRZOOM – Newswire & PRToday/ – Dr. Ramiro Jordan, Founder and Executive Vice President of ISTEC (the Ibero-American Science and Technology Education Consortium), has joined its Board of Directors.
Houston, TX, United States, 08/06/2010 – eDoorways Corporation (PINKSHEETS: EDWY) (the “Company”) is pleased to announce that Dr. Ramiro Jordan, Founder and Executive Vice President of ISTEC (the Ibero-American Science and Technology Education Consortium), has joined its Board of Directors. The appointment of Dr. Jordan represents an ongoing commitment by the Board to assemble a well-rounded team with the experience and expertise needed to build an effective and successful company.
Dr. Jordan currently holds the position of VP for the Americas Region in the International Federation of Engineering Education Societies. He is also a Board member of the Engineering for the Americas Initiative, which is an Initiative of all Heads of State of the Americas Region hosted by the Organization of American States. He also is Executive Vice-president and Chief Development Officer of Gridline Communications Holdings, Inc. He is currently a faculty member at the Electrical and Computer Engineering department at the University of New Mexico (USA) as well in the Universidad Nacional de La Plata, La Plata (Argentina). He obtained his MS and Ph.D. in Electrical and Computer Engineering from Kansas State University, 1984 and1987 respectively, and the degree of Telecommunications Engineer at the Universidad Nacional de La Plata in1981.
He is active member of several Scientific and professional associates and holds national and international Honors and Awards. He actually serves as member of the Board of institutional and professional organizations. He has published extensively articles and books and is member of the Editorial Board of Computers and Software Engineering Magazine, Editor of Journal of Computer Science and Technology, Universidad de Plata, Argentina, Advisor of the International Conference in Engineering Education (ICEE), Advisor at The Institute of Electrical and Electronics Engineers (IEEE) Latin America Region, and Editor and Advisor at the Ibero American Journal on Technology in Education and Education in Technology. He has been visiting or resident professor in different universities (Argentina, Brazil, Costa Rica, Chile, Mexico, Peru, Bolivia, Uruguay, Colombia, Ecuador, Paraguay, Spain, and Venezuela, among others).
Dr. Ramiro Jordan brings over 20 years of experience to the eDoorways board of directors. The partnership with ISTEC offers eDoorways access to over 18 million users who are part of the ISTEC consortium, which includes 20,000 faculty and staff at over 120 colleges and universities. In A New Audio Interview, released yesterday Dr. Jordan stated, that “The value of the eDoorways platform to the future of education worldwide cannot be stressed enough. This partnership between eDoorways and ISTEC is all about empowering the individual”.
/PRZOOM – Newswire & PRToday/- eDoorways (Pinksheets: EDWY) today announced the development of a new educational product/service offering called the “LearnChannel”. The development of LearnChannels will be a collaborative effort with input from ISTEC (Ibero-American Science Education Technology Consortium), UNM (University of New Mexico). The two entities have agreed to provide eDoorways with expert guidance and client-oriented support to assure that LearnChannels realize their true potential.
“Recent discussions with our associated organizations have made it clear that the time for a new collaborative learning venue such as the LearnChannel is now,” said Gary Kimmons, CEO of eDoorways. In view of the positive reception our PowerChannels are receiving, deploying specialized versions of them in the public and private education markets could prove to be very productive.”
LearnChannels are a logical extension of eDoorways’ recent advancements with its PowerChannel and LEARN technologies. Two types of channels are contemplated with the first focusing on group-based collaborative learning and the second on individual self-paced educational experiences. It is anticipated that the company’s advanced SmartOne intelligent teaching technology will be leveraged to empower the individual self-learning version of the LearnChannel.
“There are a number of challenges facing our institutions of higher education, such as preparing our young generation for a tougher work environment and striving to effectively apply limited resources,” continued Kimmons. We’re pleased to be able to draw upon the knowledge and expertise that ISTEC and UNM will provide as we roll out LearnChannels. We want to bring a powerful new educational tool to all schools across America.”
Newly-appointed eDoorways board member and founder of ISTEC Dr. Ramiro Jordan stated “we see big possibilities as these powerful new tools emerge. The LearnChannel can do for educational collaboration what PowerChannels will be doing for information dissemination, cross-cultural sharing and business development. ISTEC will begin testing the functionality of the LearnChannel as soon as eDoorways hands us the keys.”
A primary focus of the LearnChannel will be ease of use. Versatility will also be paramount as it is anticipated that a wide range of course builders from novices to professional developers will select it as a viable learning avenue. Like PowerChannels, the new channels will employ eDoorways’ PowerKey functionality along with other standard PowerChannel functional elements. In addition, LearnChannels will incorporate the ability for course designers to design unique learning experiences and to select from a number of teaching modalities.
“This is a key step as we move toward our vision of the LEARN doorway – our platform’s interactive educational modality,” continued Gary Kimmons. Certainly, there will be more to come as we continue to profit from the tremendous input we are receiving.”
/PRZOOM – Newswire & PRToday/ – EDWY eDoorways (Pink Sheets: EDWY) wishes to announce to its shareholders that it has learned of a short position in its shares.
Austin, TX, United States, 08/10/2010 – According to the source there have been a very large number of shares of EDWY shorted over the last 6 months.
“We have worked very hard for many years to provide a high quality investment vehicle with ready liquidity and transparency for our investors. Now, we are looking into retaining a stock market analytic firm renowned for success in routinely and reliably identifying, with statistical substance, those firms engaged in the short selling of stock contrary to the SEC’s Regulation SHO. We look forward to providing this heightened level of transparency to our present EDWY stockholders and other prospective investors,” stated Gary Kimmons, President/CEO, eDoorways.
The Company will update its shareholders as more information becomes available.
NEWSWIRETODAY.COM – AUSTIN, TX August 12, 2010 – eDoorways Corporation (PINKSHEETS: EDWY) has announced the launch of the MusclePharm® MMA Channel built on eDoorways’ PowerChannel platform.
“I’ve been a fan of MMA sports for years,” said Gary Kimmons. “MMA is the fastest growing sport in the world and this is a great opportunity for eDoorways to showcase our PowerKey and PowerChannel technologies with the launch of the new MusclePharm MMA-Channel. We’ve been working with MusclePharm® Corporation (OTCBB:MSLP), one of the fastest growing sports nutrition companies in the industry, and we plan to leverage its relationships and resources for the benefit of fighters, the sponsors, and the industry at large.”
Fighters are turning to social media in droves. Mixed martial artists are among the most passionate adopters of social media and social networking, which gives them the ability to connect with fans on their terms. They realize that they are their own brand and that their brand value can be increased in measurable ways. Chuck Liddell has amassed 43,000 Twitter followers. Some 28,000 fans are following UFC welterweight champion Georges St-Pierre while lightweight king B.J. Penn boasts nearly 31,000 followers.
MMA fighters are celebrities. The new MusclePharm® MMA Channel will allow all athletes who compete in UFC®, Strikeforce, and other top MMA organizations to communicate and keep fans updated with their daily activities. The MusclePharm® MMA Channel will not strictly be for individuals. MMA Suppliers, Gyms and Trainers will be able to utilize the channel to help develop a loyal fan base. The new channel will allow fans to keep updated with the latest news, follow fighters, and communicate with other fans who share the same passion.
Cory Gregory, President of MusclePharm®, stated that “Because of the highly personal nature of the MMA industry, the MusclePharm® MMA Channel will be built as a personal medium. Fans have an insatiable demand for the very latest moves, rumors or how many times a fighter went to the gym that day. Details like that are very interesting to the real fan. Our MusclePharm® MMA Channel will give fans intimate access to the lives of fighters like never before.”
PowerChannel clients are pushing to get to the head of a rapidly growing list; August traffic is twice that of July.
PRLog – Austin, Texas. eDoorways (EDWY:pk) announced today that three new clients are unveiling PowerChannels as the company is seeing a tangible benefit of its viral marketing strategy. New PowerChannels include: Skincare and Beauty; Electronic Tracking and Auditing; and The Sports Channel. The new channels will be joining Corksport, InvestorsVoice, and The Art Channel as well as the recently-announced MusclePharm channel, which will be unveiled soon.
With the recent success of the Art Channel on www.eDoorways.com, people are starting to see the potential of communicating with others in this unique environment for both business and fun. There is a standing list of clients waiting to establish PowerChannels. The company has been working diligently to accommodate its early-adopters desiring to create and operate their own channel.
The last few days have seen the emergence of three new channels. The first is a Skincare and Beauty channel hosted by Philisa Giannukos, an independent skincare consultant for Rodan and Fields (www.edoorways.com/Skincare-And-Beauty). The second is a channel for Electronic Tracking and Auditing, a company that helps their customers save money on their shipping costs by tracking and retrieving refunds for late shipments (www.edoorways.com/ETA-Refunds). And the third channel is a Sports Talk channel for just that! A place for people to gather and talk to each other about sports in general (www.edoorways.com/The-Sports-Channel).
“We want to welcome our new members to the PowerChannel team,” said Gary Kimmons “we are going to do our best to help make their channels a huge success.” In addition to the MusclePharm channel, the company has at least another two to three channels to launch in the next week, and are working to automate the channel creation so that anyone can create and maintain their own channels.
According to the company’s Google Analytics data and due to the interest in the existing channels, namely the Art Channel, traffic to www.edoorways.com has doubled in mid-August from what they were seeing in mid-July. The feeling is that the increased interest in channels will help to quickly increase the number of people visiting the eDoorways site.
A Special eDoorways PowerChannel Will Provide ISTEC Attendees Unprecedented Event Collaboration Capabilities
PRZoom / PRLog – Austin, Texas. eDoorways (EDWY:pk) is being commissioned to develop a unique PowerChannel aimed at facilitating the collaborative activities of delegates attending the ISTEC (Ibero-American Science Technology Education Consortium) 2010 General Assembly meetings to be held during the week of November 29th to December 3rd, 2010 in Porto Alegre, Brazil. The one-of-a-kind PowerChannel will be aimed at serving the collaborative needs of hundreds of meeting attendees and dignitaries representing numerous organizations, municipalities, and universities located in 28 Latin American countries as well as Spain and Portugal.
“We have a rare opportunity to do something that’s never been done before,” said Gary Kimmons, CEO of eDoorways. “We have a chance to give ISTEC General Assembly delegates an unprecedented experience – the opportunity to communicate real-time with presenters as well as other attendees at the event about sessions, special activities and topics of personal relevance. What’s particularly unique about this is that they will be able to reach out to each other before, during and after the General Assembly. In many cases, they will be reaching out to people they’ve never met or known. This is all going to be possible through the connectivity of eDoorways PowerKeys.”
The General Assembly PowerChannel will be easily accessible to all participants and will be a unique avenue allowing multiple conversations about many different topics. It will offer General Assembly organizers the chance to enhance the richness of the conference and the information that can be disseminated. Organizers will be able to communicate to all participants easily and quickly and will have live audio and video to promote different sessions. This will be a great way for larger groups of participants to be able to actively participate in more sessions.
And most exciting of all, attendees will be able to start live chat rooms relevant to event presentations and topics. These conversations can continue after the sessions have ended and they can be saved for future reference. It will be a simple and easy way to connect and engage with people interested in the topics presented both at the time of the event and in the future.
“We are extremely excited about the possibilities the PowerChannel offers our members,” said Ms. Dulce Garcia, VP of Operations and Planning of ISTEC. “We often hear attendees express disappointment about missing a particular presenter or session, or not being able to meet with friends and associates who may also be attending the event, but have conflicting schedules. And who hasn’t experienced losing business cards without the ability to make an important follow-up call. This should, indeed, be a very interesting experience as our members learn to use this powerful tool to their maximum advantage.”
“We see this as an exciting opportunity to put our technology to the test in an environment where it can truly make a difference. We look forward to the opportunity to serve the ISTEC community’s needs,” continued Gary Kimmons.
The Martial Arts Network (TMAN.com) is Joining eDoorways’ Rapidly Growing Team of PowerChannels
Austin, Texas – Business Wire- eDoorways (EDWY.pk) is pleased to announce that it has assisted TMAN.com with the launch of its Virtual Martial Arts Competition PowerChannel. “Martial arts competitors from around the world will now have an opportunity to compete on TMAN.com in a world arena for everyone to see,” stated Gary Kimmons, CEO of eDoorways. TMAN is the first martial arts tournament to have virtually an unlimited number of categories in which challengers can compete. TMAN.com plans to integrate its new eDoorways PowerChannel into its proposed global service offering.
In the mid-1990’s, Dr. Ron Valli and Master Ron Tramontano, two martial arts experts, joined forces to bring the martial arts community a truly world renowned portal. In November of 1995, TMAN, as it has become known, became the first global martial arts presence on the web. From November of 1995 until today, Master Tramontano has worked to integrate martial arts into the lives of every person in every country around the world.
“It’s time to get out the video equipment and show the world what you got. You need to jump head first into this one… it’s about to get interesting, “said Master Ron Tramontano.
“Martial arts is a natural market for eDoorways PowerChannels,” stated Gary Kimmons. “It’s growing virally, and martial arts aficionados love to communicate with each other about the art and current competitions. We see the possibility for a large number of PowerChannels focusing on MMA and how it’s practiced”, Kimmons continued.
“Here’s how the Virtual Martial Arts Competition works,” continued Master Tramontano. “When five videos have been submitted in the same category, a competition will take place and the winner will prevail. That winner will be notified that he or she has won and has moved to the next five submitted videos in that same category. Once a video has won five times in the same category, the video is removed and placed in holding until October of that year. At this time, all videos in holding in the same category will compete for the title of ‘all around world champion’, Good luck!” Master Tramontano concluded.
eDoorways and Polo Make a Match as Escue Polo LLC Introduces Its New PowerChannel
Austin, Texas – Business Wire- eDoorways (EDWY.pk) and Escue Polo LLC are joining teams to launch the Escue Polo PowerChannel. Escue will use the new channel to augment its current website located at www.escue-polo.com.
“Escue is a leading force on the world polo scene,” stated Gary Kimmons, CEO of eDoorways. “Polo aficionados span the globe, and now they will be able to connect with one another in a world-class venue.” Kimmons continued.
What started over 20 years ago as a small family operation, has grown today to several worldwide locations including Monaco, France, Tunisia, Dubai, Pakistan, and Hong Kong to name a few. Like eDoorways, Escue Polo is also equally committed to environmental conservation and social responsibility.
Escue Polo represents more than just a polo team, it is a family legacy. Its inception took place over 20 years ago as a small family-run operation in Wellington, Florida. The purpose of such an operation was to create an unparalleled polo team and provide the local community with all the different services associated with polo, including horse sales and leasing, horse training, polo lessons, and polo events. Since then, Escue has grown to be one of the top polo teams in the world, winning the prestigious U.S Open in 1998 and competing as defending champions in the 2005 Argentine Open.
“Our vision and dedication to the sport of polo has led us to further expand our involvement in the sport by providing a unique and sophisticated line of clothing,” stated Shah Quraeshi, Escue Polo’s managing director. “Our apparel will not only complement any polo player’s fashion, but will also enhance the wardrobe of those who want to make a statement in the community… And now, with the Escue Polo PowerChannel, we have an opportunity to engage with our clients in a powerful new way.” Shah continued.
“Our love for this sport, along with our dedication to detail and our sense of style represent our devotion to the needs of our customers,” continued Shah. “From inception to completion of the final product, it is our goal to provide polo apparel which exceeds our customer’s expectations and truly reflects this noble sport,” Shah concluded.
Escue continues to work relentlessly to adapt their product to the most environmentally friendly standards. They are also dedicated to alleviate poverty from the world by donating a percentage of all sales to several non-profit organizations which provide medical care and emergency services to the underprivileged community.
AUSTIN, Texas–(BUSINESS WIRE)–eDoorways International Corporation (Pink Sheets: EDWY) brand has continued to pick up steam in the deteriorating international markets. “America has gone through fundamental changes that have affected us all throughout the past few years,” stated Gary Kimmons, CEO of eDoorways International Corporation. “Fundamental structural change can be disconcerting because the events associated with it are often experienced as ‘random’ and ‘uncertain’,” Kimmons continued.
In the past few months, an upside for eDoorways’ has been a sharpening of the company’s perspective. “It’s our perception that the changes we’re experiencing do bring challenges, but there are also significant opportunities,” Kimmons explained. Examples of opportunities that are now presenting themselves are in the areas of education, technology, sports, business expansion and charitable services.
The eDoorways brand has always been about helping people find real solutions to their everyday problems using a “town square” platform to connect buyers with qualified sellers and service providers. However, it turns out that there is much more eDoorways brand and business model has to offer in the continually changing world.
The people who are coming to eDoorways with ideas for vertical service offerings share many common attributes. “The most common words we hear are responsibility, innovation and change,” Kimmons continued. Each of these carries with it the connotation of action being applied, of making something happen. “In short, Americans know that the old game is over, and now we need to do things that are going to make a difference, both for ourselves as well as others,” Kimmons stated.
Therein resides eDoorways strategic advantage. It’s now clear that when people come to eDoorways, they do so with the intention of “making something happen.” “They may be trying to solve a bothersome personal problem, teach themselves something they need to learn, or they may want to help someone else who is in dire need of assistance,” Kimmons concluded.
Acknowledging this as eDoorways core strength, and with the proposition that new and even greater opportunities are sure to emerge, eDoorways has created the eDoorways service offering and brand with a heightened appreciation for both flexibility and extensibility. The design that was created has allowed for robust organic growth that accommodates multiple vertical service offerings.
With the addition of new PowerChannels and consumers joining the site on a daily basis, eDoorways has the capability of becoming the central gateway, connecting the business to the consumer.
AUSTIN, Texas–(BUSINESS WIRE)–eDoorways International Corporation’s (Pink Sheets: EDWY) anticipated service offering stands unique when compared to other social networks that rely solely on huge traffic and the sale of advertising space to generate revenue. “eDoorways serves as both a social network as well as a „town square‟ eCommerce business platform to provide a unique mix of service offerings and revenue streams. Here are just a few of the first anticipated sources of revenue:,” explains Gary Kimmons, CEO of eDoorways.
Preferential placement fees:
Consumers will come to eDoorways with a problem or need, like getting a faulty hot water heater repaired. Businesses will pay eDoorways for the right to reserve key words specific to their location, types of service(s) they offer, product models, etc. Example: You repair hot water heaters, so you pay a fee to eDoorways for the following words: Rheem, Model 2950, service, repair, area code 78701, Austin. This entitles you to be the first in line to extend a real-time “handshake” to a consumer in the 78701 area code in Austin with the same type of problem or need. eDoorways has delivered you a “gold nugget” prospect who is ready to purchase your service on the spot; motivating business owners who are willing to pay a small premium for this privilege. For an average small business, the total fee could run from $50 to $200 a month on average based on how many key words the business may want to reserve. This is similar to the Google revenue model where advertisers pay for preferred placement of their company or product, but this is much more valuable because the consumer has demonstrated an immediate need to act (i.e., a pre-qualified buyer) and is being connected on a real-time basis directly to the solution – a specific business who can meet the consumer‟s need.
Prepaid services/subscriptions:
Businesses with eDoorways storefronts will pay eDoorways to subscribe to value-added services such as targeted marketing capabilities, text message alerts, real-time business activity reports by geographical location, back office accounting support, CRM support, and much more. This will empower small businesses by giving them the same “reach” and capabilities as much larger companies with sophisticated marketing, customer relationship management, and accounting capabilities.
Advertising revenue:
Businesses will pay eDoorways for advertising space based on a cost per thousand views (CPM). This is the “standard” revenue stream used by popular social networks in today‟s economy.
Private label lease of the service:
Large corporations, trade groups, professional associations, and other large entities will pay eDoorways for a “custom” version of the service that is tailored to their own customer service website. This channel will easily connect consumers to the businesses they are trying to reach.
Just-in-time training and education revenues:
eDoorways will offer consumers the ability to learn unique skills and knowledge offered by businesses and other entities via distance learning technology. eDoorways International Corporation has one of the most sophisticated training delivery capabilities ever developed – it‟s called Smart One. Businesses will pay the Company to use Smart One to deliver their product and service training directly to the consumer.
eDoorway PowerChannels:
Businesses and institutions will have the opportunity to create PowerChannels, linking consumers directly to their products and services. There are numerous ways that revenue can be generated from channels. A few of them are: consummation fees charged when someone buys something or uses a service (charged to the seller or service provider); monthly fees for PowerKey notification, and fees charged for the administration of learning channels and to students for accreditation. There is also the probability of “specialty” channels that require eD to provide non-standard services that call for an administrative fee.
Transaction fees (the eCommerce platform):
As eDoorways continuously grows traffic on the site, the Company will begin charging a percentage of each transaction consummated. So, using the previous example, if you buy a new hot water heater from a store, and the store got your business through eDoorways, the store will pay eDoorways 1% to 2% of the gross transaction.
“As you can see, these are real ways to make money linked to real commerce, generated by putting buyers and sellers together to meet both of their needs in a unique new way,” stated Gary Kimmons. At its core, the eDoorways business model enables the purest form of capitalism – putting together someone who wants to buy with someone who has a service to sell.
eDoorways Corporation is conservatively projecting net income of , , and $2.47M in the first three quarters of 2011 with net income of $6M in the fourth quarter of the year followed by net income of $6.5M in the first quarter of 2012.
Expenses are projected as $3M, $3.7M, $5M, and $6.4M for the four quarters of 2011 followed by $7.3M in the first quarter of 2012.
Please visit www.eDoorways.com for more information.
Safe Harbor Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company‟s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company‟s domestic and international operations, imprecision in estimating product reserves and the company‟s ability to replace and expand its holdings.
AUSTIN, Texas–(BUSINESS WIRE)–eDoorways International Corporation (Pink Sheets: EDWY) has been experiencing amazing enhancements over the last several months. “It seems that the world is getting excited about the eDoorways platform and our persistence to connect all consumers to all businesses,” stated Gary Kimmons, CEO of eDoorways International Corporation. “Some incredibly bright people are taking a look at our website and have concluded that they want to get involved,” Kimmons continued. This occurs at a time when good news elsewhere in the business world is hard to come by.
“the eDoorway’s universe is revealing its cohesiveness, even as it continues to grow and expand. What’s clear is that eDoorways is truly emerging as a Broadband platform whose unique set of ‘doors’ are geared to empower those who enter,” Kimmons explained.
Currently, there is one “door” that’s been launched and many “doors” that have established themselves as fundamental to the business to consumer market and will be developed over the next few years.
• Doorway 1: This is the first door that the company launched in December of 2009. It’s the original conception of the eDoorways service offering and is a real-time problem solving venue and e-commerce platform resembling a “town square”. Pre-qualified “gold nugget” prospects will be connected directly to businesses that have the exact solution to their problem or need. Since the initial launch, eDoorways customers expressed interest in PowerChannels, where people of like interest can communicate and interact. eDoorways has been focused on the development of the PowerChannels for the last few months.
• Doorway 2: Bringing the learning experience to a higher level of intention and mastery. This door will offer an opportunity for anyone wishing to create a training experience for others or to further their own education to achieve their objective. It will offer a feature new to learning – the ability to tap into the skill and knowledge of others in a real-time venue to create a learning experience.
• Doorway 3: Bringing Technology, Tolerance, and Talent together to create new ideas, products, and possibilities. “Imagine being able to go to a special place where you can air your creative thinking, run it by others of a similar mind, and turn it into a tangible, productive project using the unlimited human and information resources of the web,” stated Kimmons. “This is exactly what this door will allow.”
• Doorway 4: Connecting those who want to help with those who need it. This extraordinary door will give those who wish to serve others the opportunity to bring tremendous focus and impact to their charitable action. “Make your action known to those who care so that they may assist you in bringing your unique capabilities to a world in need,” Kimmons continued.
• Doorway 5: The factual backbone element for all other doorways; no “truths” or opinions – only unfiltered facts. “Have you ever wished you could hear what is going on in the world without having to filter out the opinion of its presenter? This door will cater to those who wish to draw their own conclusions,” explained Kimmons.
• Doorway 6: Combine artificial intelligence driven, personalized and intuitive guidance with a “trans-dimensional gateway” – that can whisk you from anywhere in Broadband Space to the eDoorways universe, in the blink of an eye.
Each door will bring with it new ways to derive revenue through technology licensing, advertising, and other avenues in markets such as education, news broadcasting, Internet search services, and others. These six new doors will be released sequentially as they are completed. In addition, the company anticipates that other doors may emerge as the brand establishes itself in the marketplace.
To learn more about eDoorways, please visit www.eDoorways.com.
Safe Harbor Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
AUSTIN, Texas–(BUSINESS WIRE)–eDoorways International Corporation (Pink Sheets: EDWY – News) announced today that they have created a widget to enable easy integration of the eDoorways platform to PowerChannel users’ websites.
“We have created a totally personalized web experience to provide individuals with what they want, when they need it,” stated Gary Kimmons, President of eDoorways International Corporation. “This new widget will connect our users’ PowerChannels with their own websites, allowing real-time collaboration between both sites,” Kimmons continued.
“This new widget is a ‘window’ into our site, allowing users to see what is happening inside and out,” stated Kimmons. “The new ‘window’ allows users to chat and collaborate in real-time with one another through the eDoorways network and the user’s website simultaneously.”
eDoorways is expecting to launch a demonstrable version of the widget on a customer’s site by the end of this week. This website will be announced in a few days on the eDoorway’s blog at www.edoorways.wordpress.com. The live version will launch in the near future after completed beta testing. “We are incredibly excited about this new addition and have received positive feedback from our beta testing group,” Kimmons added.
For more information on eDoorways International Corporation, please visit www.eDoorways.com.
Safe Harbor Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
AUSTIN, Texas–(BUSINESS WIRE)—People have spoken and eDoorways International Corporation (Pink Sheets: EDWY) has listened. People of all ages have one thing in common when it comes to the internet; they want a personal environment, built just for them. “There has been a lot of talk recently about the emergence of a Web 3.0 which is the future of the internet,” stated Gary Kimmons, president of eDoorways International Corporation. “The problem is, people don’t understand what Web 3.0 is, but, they’re in for a real treat,” Kimmons continued. While every company has a different definition of this new web 3.0, eDoorways has developed the platform for the future of cyberspace.
eDoorways is a web-based consumer problem solving gateway, lifestyle information source, and online business-to-consumer marketplace saving the consumer valuable time and money by uniting users with the global consumer community, retailers, and manufacturers in an effective new way. At its core, eDoorways is a collaborative venue that connects people with questions to experts with answers, solutions, and recommendations related to their area of interest. “This is only the beginning of the Web 3.0 experience. Our platform will allow users to customize their internet and connect in a new way, not yet seen on the internet,” Kimmons explained. Web 3.0 is the personalization of the internet for the hundreds of millions of active users across the world. This personalization is revolutionary to the internet industry, leaving huge room for profitability in the sector. “We are excited to be leading the way in this multi-billion dollar industry as well as into the future of the internet,” Kimmons continued.” We will continue to work closely with some of the greatest engineering minds to continually improve the Web 3.0 experience”.
eDoorways Web 3.0
There are four types of users that comprise the eDoorways ecosystem: Producers, Consumers, Experts and Teachers. Producers provide information, services or products to consumers as part of a collaborative process. Experts participate in this collaborative process to assist consumers in finding and negotiating with the best producers to receive the most value for the consumer. Teachers assist consumers, producers and experts in attaining the skills that will help them optimize the value they receive in these collaborative processes. The graph below shows the relationship among all users of the eDoorways platform.
For more information on eDoorways International Corporation and/or the “eDoorways” (www.eDoorways.com) initiative, please e-mail a package request to info@eDoorwaysCorp.com. You can also visit our corporate website at www.eDoorwaysCorp.com, make comments via the corporate blog (www.eDoorways.wordpress.com), follow us on Twitter (http://twitter.com/edoorways), or visit our Facebook Fan Page (http://facebook.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Richard Davis- President
Investors Voice LLC
(888) 902-4445
richard@investorsvoice.com
Jeffrey Staller- President
Heritage Corporate Services, Inc.
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
AUSTIN, Texas, October 4, 2010 (BUSINESS WIRE) — eDoorways International Corporation (Pink Sheets: EDWY) has received a “Current Information” status awarded by PinkSheets and the OTC Markets. “After months of hard work and preparations, we are now recognized as ‘fully transparent’ by the investing community,” stated Gary Kimmons, CEO of eDoorways International Corporation. “Our Shareholders are very excited about this transition to fully reporting and our current status brings many new possibilities to the table,” Kimmons continued.
eDoorways International Corporation now has accurate, current and complete financial information available on PinkSheets and has made full disclosure of its financial standing. “We’ve received a lot of positive feedback from investors and shareholders about this fully transparent status”, stated Jeffrey Staller, President of Heritage Corporate Services. “The eDoorways platform is one of the most advanced and technologically sophisticated systems we have ever used. You can literally click a button and be connected to any provider on the eDoorways network, local or international, in real-time… This is the future”, Staller concluded.
This tier-advancement comes at a great time as the company plans to rollout additional ‘doors’ to further connect the business to the consumer. “Everyone we are speaking to is thrilled about our web enhancements and excited to join our growing community”, concluded Kimmons.
For more information about eDoorways International Corporation, please visit www.eDoorways.com.
About eDoorways International Corporation
For more information on eDoorways International Corporation and/or the “eDoorways” (www.eDoorways.com) initiative, please e-mail a package request to info@eDoorwaysCorp.com. You can also visit our corporate website at www.eDoorwaysCorp.com, make comments via the corporate blog (www.eDoorways.wordpress.com), follow us on Twitter (http://twitter.com/edoorways), or visit our Facebook Fan Page (http://facebook.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Richard Davis- President
Investors Voice LLC
(888) 902-4445
richard@investorsvoice.com
Jeffrey Staller- President
Heritage Corporate Services, Inc.
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
AUSTIN, Texas–(BUSINESS WIRE) — eDoorways International Corporation (Pink Sheets: EDWY) has unveiled its newly implemented widget technology in presentations made in Brazil, Colombia, and this week in Singapore. “We have been lucky enough to have some great people demonstrating our new platform and we have received wonderful feedback from our contacts overseas,” stated Gary Kimmons, CEO of eDoorways International Corporation. “One individual in particular, Dr. Ramiro Jordan of the University of New Mexico, has been assisting us in demonstrating our technology to the domestic and international markets,” Kimmons continued.
“We have demonstrated the eDoorways platform in Brazil and Columbia and have received encouraging feedback about the potential educational use the technology has to offer,” stated Dr. Ramiro Jordan, Associate Professor and President of the Ibero-American Science and Technology Education Consortium (ISTEC). “We will be displaying eDoorways technology this week at the World Engineering Education Forum in Singapore and we are enthusiastic about the potential benefit to the engineering community,” Dr. Jordan continued.
In addition, eDoorways has been advancing their user interface and website capabilities over the last few weeks. “The advancement we’re most proud of at this time is the widget we recently released which is now available for any channel owner to embed on their personal website,” Kimmons explained.”Our widget is simple to integrate and only requires one line of code distributed by eDoorways. …we have received a lot of positive feedback about this new embedded iframe and we’re excited for all channel owners to implement the technology on their own websites,” Kimmons concluded.
For more information on eDoorways International Corporation and/or the “eDoorways” (www.eDoorways.com) initiative, please e-mail a package request to info@eDoorwaysCorp.com. You can also visit our corporate website at www.eDoorwaysCorp.com, make comments via the corporate blog (www.eDoorways.wordpress.com), follow us on Twitter (http://twitter.com/edoorways), or visit our Facebook Fan Page (http://facebook.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Richard Davis- President
Investors Voice LLC
(888) 902-4445
richard@investorsvoice.com
Jeffrey Staller- President
Heritage Corporate Services, Inc.
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
AUSTIN, Texas–(BUSINESS WIRE)–eDoorways International Corporation (Pink Sheets: EDWY) announced today that they have entered into a funding agreement with O.T. Hill and Associates where O.T. will purchase up to $2 Million of the company’s common stock. “The folks at O.T. Hill know a good investment when they see it, and we are excited to work with them for our ongoing funding needs,” stated Gary Kimmons, President of eDoorways International Corporation. “Since our transition to fully-transparent, we have received positive feedback from investors and shareholders, not to mention a flurry of investment offers,” Kimmons continued.
“We are happy to provide eDoorways with the funding required to expand their operations and we look forward to providing any additional funding the Company may need in the future,” stated the managing director of O.T. Hill and Associates. “We fully support the eDoorways initiative and we stand behind the company during this exciting time of technological advancements,” O.T. Hill concluded.
Amongst many ongoing developments, eDoorways is working closely with many educational organizations to enhance global communications and interactions. “We have upgraded our technology to allow real-time interaction among anyone in the world with a computer and an internet connection. The future of internet education and collaboration is among us and we are excited to introduce this new technology to the world,” Kimmons concluded.
For more information on eDoorways International Corporation and/or the “eDoorways” (www.eDoorways.com) initiative, please e-mail a package request to info@eDoorwaysCorp.com. You can also visit our corporate website at www.eDoorwaysCorp.com, make comments via the corporate blog (www.eDoorways.wordpress.com), follow us on Twitter (http://twitter.com/edoorways), or visit our Facebook Fan Page (http://facebook.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President (561) 210-5675
Jeffrey@HeritageCorporateServices.com
or
O.T. Hill and Associates
561-361-4360
othillandassociates@gmail.com
Press Release Source: eDoorways International Corporation On Thursday November 4, 2010, 8:30 am
AUSTIN, Texas–(BUSINESS WIRE)– eDoorways International Corporation (PINK SHEETS:EDWY.pk – News) announced today that they have retained ATG Capital to provide additional Investor Relations support for the Company. “We have arrived at an exciting time in our company where we have advanced to the next level with our capabilities and services,” stated Gary Kimmons, CEO of eDoorways International Corporation. “ATG Capital will be working hand in hand with Heritage Corporate Services to ensure our technology is introduced and utilized by the global community,” Kimmons continued.
“After we were introduced to this incredible technology, we instantly knew we wanted to work with eDoorways and assist in their continued growth and future,” stated King Richards, President of ATG Capital Solutions.
“We will work closely with ATG as well as other additional consultants we are engaging on behalf of eDoorways,” stated Jeffrey Staller, President of Heritage Corporate Services, Inc. The eDoorways International platform is growing daily and has been demonstrated at events domestically as well as in South America, Europe and Asia. “We are introducing this technology to the international markets and we will continue to demonstrate the future of the internet and web-based learning and collaboration,” Staller concluded.
For more information on eDoorways International Corporation and/or the “eDoorways” (www.eDoorways.com) initiative, please e-mail a package request to info@eDoorwaysCorp.com. You can also visit our corporate website at www.eDoorwaysCorp.com, make comments via the corporate blog (www.eDoorways.wordpress.com), follow us on Twitter (http://twitter.com/edoorways), or visit our Facebook Fan Page (http://facebook.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President, 561-210-5675
Jeffrey@HeritageCorporateServices.com
or
ATG Capital Solutions
King Richards, President, 858-405-8345
Krichards@atgcapital.com
AUSTIN, Texas–(BUSINESS WIRE) — eDoorways International Corporation (Pink Sheets: EDWY) is proud to announce that the Ibero-American Science & Technology Education Consortium (ISTEC) is launching their much anticipated General Assembly PowerChannel to begin the collaboration of education among all ISTEC members.
“We are thrilled to be using eDoorways’ services to communicate with members of the scientific community around the world,” stated Dr. Ramiro Jordan, Founder of ISTEC. “In addition to the launch of our PowerChannel, we have also embedded the eDoorways widget on our homepage, allowing for constant communication between our members. This is the first Channel of many we will be launching as our initiatives continue to unroll and our community continues growing,” Dr. Jordan continued.
Among ISTEC’s initiatives, the organizations primary goal is to improve the socio-economic and educational well being of Ibero-America. “With a growing subscriber database and a student population of nearly 20 million, we are a growing community specializing in science, technology, engineering, and math (STEM) education. We needed a platform capable of connecting our educational consortium and the eDoorways initiative provides just that,” concluded Dr. Jordan.
“We have been working closely with Dr. Jordan and ISTEC to provide an environment conducive to collaborative interactions,” stated Gary Kimmons, CEO of eDoorways International Corporation. “Our PowerChannels allow for real-time interaction among anyone in the world with a computer and an internet connection. We are looking forward to working with numerous educational facilities in expanding online education and improving communication amongst the world.” Kimmons concluded.
To learn more about ISTEC’s global initiative, please visit www.ISTEC.org. To view ISTECS’s newly launched PowerChannels, please visit http://www.istec.org/lang/en-us/discuss/.
For more information on eDoorways International Corporation and/or the “eDoorways” (www.eDoorways.com) initiative, please e-mail a package request to info@eDoorwaysCorp.com. You can also visit our corporate website at www.eDoorwaysCorp.com, make comments via the corporate blog (www.eDoorways.wordpress.com), follow us on Twitter (http://twitter.com/edoorways), or visit our Facebook Fan Page (http://facebook.com/edoorways).
AUSTIN, Texas–(BUSINESS WIRE)–eDoorways International Corporation (Pink Sheets: EDWY) announced today that it is creating a spinoff company that will address today’s educational marketplace and is anticipated that the spinoff could be staffed, functioning, and audited for entry onto the OTCBB within 90 days.
The new learning company will have its own management team and will initially be a public, non-trading entity. eDoorways International Corporation shareholders will have an interest in the company and will be linked to it contractually to assure that the two entities work closely together. “Current eDoorways shareholders will enjoy a pro-rata participation in the newly-created company, which will ultimately result in greater value for both companies,” stated Gary Kimmons, CEO of eDoorways International Corporation.
“eDoorways International Corporation will create specialized entities that have needed, focused expertise, and that will support and share in our overarching objective,” Kimmons continued. “We have determined that this is the best way to assure the company’s access to the technology and resources that its emerging service platform will require to offer a broad range of comprehensive services.”
“The idea is to create a number of freestanding entities that will specialize in such areas as human learning, creativity, trans-disciplinary collaboration and innovation. In view of the emerging education market as well as eDoorways’ history and expertise in the learning venue, the decision to make the first spinoff a learning company was easy. Other spinoff companies are also planned in the near future”.
The new learning company is being created to fill a void that exists in the education marketplace. It will focus on advanced R&D in the field of human learning, on applying its findings to create new tools for building education solutions, and on establishing a global repository for aggregating and disseminating educational media.
The company will have access to and will use eDoorways’ collaborative platform and tools to facilitate its service offering. In turn, eDoorways will integrate the learning company’s products and services into its advanced platform.
“eDoorways International Corporation will continue to pursue its plan to offer educational services via its emerging platform. However, due to the broad range of the eDoorways platform (covering such diverse activities as lifestyle problem solving, learning, playing, and helping others), the company has recognized for some time that it will have to draw upon the expertise of various entities specializing in each of these areas,” concluded Kimmons.
Private investment will be solicited to capitalize the company. At the same time, the new learning company will take immediate steps to establish its credentials for OTCBB.
For more information on eDoorways International Corporation and/or the “eDoorways” (www.eDoorways.com) initiative, please e-mail a package request to info@eDoorwaysCorp.com. You can also visit our corporate website at www.eDoorwaysCorp.com, make comments via the corporate blog (www.eDoorways.wordpress.com), follow us on Twitter (http://twitter.com/edoorways), or visit our Facebook Fan Page (http://facebook.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President (561) 210-5675
Jeffrey@HeritageCorporateServices.com
Note: This is the first of a three-part series of weekly blog posts with the objective of providing our shareholders and other interested parties with an up-to-date report of our activities and accomplishments. Forthcoming press releases will provide detailed information about topics you may be reading about for the first time.
Introduction
2010 is now a memory, and as 2011 emerges we are faced with a remarkable opportunity. As the new year begins there is an emerging dynamic. We are now entering the age of hyper-personalization, and the Internet is going to play a primary role. Soon the tools will be in our hands that will enable each of us to attain new levels of transdisciplinary collaboration, creativity and innovation. As we use those tools to reach out we are going to find ourselves living our lives in new, exciting ways.
Part of the emerging dynamic will be the unprecedented opportunity to express oneself and be heard by a global community. People of various backgrounds and experience will be able to have an idea and share it with the rest of the world with the possibility that someone will act on it.
We will also be given the keys to convene the masses – to identify and mobilize others previously unknown to us who share our perspective and priorities (or, at the least, who want to benefit from the association) at a moment’s notice. Each of us will be given access to a world of human and information resources that we previously may not have been aware of. We will be able to connect employing this new dynamic, whether it’s helping others join in common thought and action, or to access previously unknown or untapped information, goods, and services. As we evolve and grow using these new capabilities we will know more about ourselves and our global neighbors than ever before.
eDoorways International Corporation is playing a key role in this dynamic. As we do so, it’s with an eye to maintaining those rights and privileges we hold sacred – the right to personal privacy – and to control and retain that which is uniquely ours.
What have we done to achieve this vision? In the next segment, we will discuss our status as well as recent accomplishments.
Where We Are
The eDoorways brand embraces the vision of hyper-personalization in its truest sense. For example, we are now working to achieve the dynamic of global idea transmission (as described in the Introduction) through a concept we call “the meme bank.” In a later segment we will discuss the advent of a third anticipated doorway (in addition to SOLVE and LEARN) called CREATE. In this doorway, or venue, a person will be able to have an idea, or “meme”, justify it appropriately, and cast it to the world for a possible reaction and response. Others on our platform may see it and if they deem it worthy, they will be able to add their input (“wiki” style). If a sufficient number of people or entities support it, it will be placed in a “meme bank” we are creating. Ideas stored in the meme bank in the CREATE doorway will be available to everyone along with tools to facilitate the development of budding entrepreneurs.
The second dynamic is the ability to convene “ad hoc” social groups, or networks comprised of others of like mind and intent. We are supporting this concept with the PowerKey and PowerChannel tools we have created. In furtherance of this concept, we are developing two new tools – LearnChannels and a powerful new tool called a “FlashChannel.” LearnChannels will give students and instructors the ability to convene collaboratively to learn specific topics of interest. The FlashChannel is a new concept we are pursuing. A FlashChannel is a tool for convening an ad hoc social group to pursue a highly-focused, temporary objective. A FlashChannel may be quickly created by its user for a specific purpose and disposed of later. We believe that FlashChannels will be a powerful tool for enabling instant social action, facilitating sales and marketing, and simply having fun. As an example a sports fan may attend an event and initiate a FlashChannel that includes several hundred other fans in attendance. Together they can collaborate, share media and discuss what’s happening. Their experience can be saved and later re-engaged.
eDoorways’ PowerKeys may be thought of as the arteries and veins of our platform. We are in an ongoing state of refinement of PowerKey functionality and usage. It is now clear to us that PowerKeys may be used for a broad range of functions and connectivity. For example, the role they play in PowerChannels has led to the concept that a PowerChannel is the creation and property of its initiator. As such, it has inherent value in the marketplace that may be realized. We believe that the underlying concept – that a social network component such as a PowerChannel may be “owned” as a form of property, is unique to the eDoorways platform, giving it great potential market value.
There is also a third emerging dynamic of the Internet we are pursuing. In technical terms, we call it “intelligent contextual performance support.” In layman’s terms, it refers to an emerging ability for our users to receive immediate, contextually-relevant help from our seventh doorway – one we are calling EMPOWER. You can think of EMPOWER as being an intelligent helper who follows all of your actions. EMPOWER will know when and where to give you the assistance and information you need using global resources and capabilities (this is where Web 3.0 capabilities come in to play.)
We have leveraged our key strengths as we pursue these dynamics. Let’s talk about each for a moment. First, we have technology unlike any other. Our SmartOne learning technology and PowerKey collaboration platform stand apart from all others. Second, we have a viable business plan that is scalable, will generate revenue and that leverages emerging market trends, which takes us to our third strength, our timing. Our initiative is in route to achieving critical mass just as three key movements are beginning – a worldwide drive to improve the way we educate our children; a realization that something is lacking with current social networks, namely, they are missing the importance of “collaborating with a purpose”; and third, an emerging realization of the value of what we are calling “instant social networks.” Our fourth, and perhaps our greatest strength is our key strategic connections. We are now in the process of leveraging powerful connections that may potentially give us a major advantage in the marketplace. Our relationships with the Department of Transportation (government), Kopin (industry innovator), and ISTEC with its strategic partners may offer us a great opportunity to enjoy a rapid rollout of our platform.
Here’s what we have accomplished leveraging our strengths. First we have worked to improve the scope, reliability and functionality of our products and services. In this regard, we have made significant progress refining our PowerKey technology and we have increased the functionality of our collaborative platform. Second, we have created new products. In the past year, the PowerChannel emerged as a concept that now shows great promise. One indication of its potential scope and flexibility is the advent of LearnChannels and now, FlashChannels. We believe the applications for our evolving types of PowerChannels are virtually unlimited.
Second, we have analyzed and refined our revenue strategy, shifting the emphasis from “PowerKey notification” to a strategy that emphasizes making money from ecommerce transactions, from fees associated with specialty PowerChannels, and from fees associated with administering distance education for accredited learning companies.
Third, we have successfully initiated and nurtured key strategic relationships with entities such as ISTEC, Kopin Corporation, the community colleges of America, and The University of Texas that may bring significant traffic and commerce to our site.
Fourth, we have worked diligently to improve our corporate governance with an aim toward moving our company onto a major exchange in the near future. Taken together, we are optimistic that these accomplishments are indicators of positive things to come.
What could keep all of this from happening? People are always asking us about our challenges. They assume our primary concern is that someone is going to beat us to market, or that “one of the big guys” is going to take over our company. While this may be a concern for some of you, it is not our biggest worry. First, when you are talking about the world as your market, there’s lots of room for everybody. Second, our company is organized in a way that would make a hostile takeover extremely difficult and unlikely.
So what is our biggest concern? Scalability. It’s every system developer’s nightmare. In short, can we handle the growth we now expect? Our system has to be sufficiently robust to handle the load of lots of people and transactions.
During the second half of 2010 we realized the strength of the relationships we had engaged in and made a strategic decision to use our resources to act on them. Our second greatest concern is that there are key features of our collaboration platform such as giving individuals the ability to build their own PowerChannel and adding an improved PowerChannel guide that have had to take a back seat as we moved forward in 2010. Now, these are at the forefront of our development plan.
As we close this blog post, let’s be more specific about our opportunity. First, we believe that global “steering currents” are blowing our direction. As we discussed, one of these is the growing interest in public education. In this regard, we have engaged in meetings with The University of New Mexico and The University of Texas, both of which have offered to lend their assistance with our LearnChannel initiative. We are also working with groups representing the community colleges of America. At their request, we are developing prototype PowerChannels for them to field test.
There is an increasing emphasis in America on hyper-local social media marketing (marketing to meet the needs and interests of specific individuals). Also, there is an emerging view of social networking that includes “networking with a purpose” and “hyper-personalization” as important new priorities that must be taken into consideration. All three steering currents bode well for eDoorways.
Looming bigger on our horizon is what we regard to be an organically developing global innovation and creativity platform promulgated by ISTEC and its associates. ISTEC is more than an education and technology consortium. Led by Dr. Jordan, it’s founder, ISTEC is rapidly becoming a major instrument of global social change. Many of its member organizations are “brick and mortar” businesses in Latin America and Europe in addition to education entities. ISTEC is closely affiliated with an organization representing the world’s engineers as well as a second organization comprised of engineering students around the world. Both have an interest in a platform that will allow them to collaborate, share information, and create in a global context. ISTEC is also taking the lead in creating technology parks in its member countries, each of which could have an interest in our platform. eDoorways, as a member of ISTEC, and as the creator of the platform, can serve as the “engine” that drives the emerging global initiative. Currently, there is dialogue that could bring a number of the Arab countries and China into the collaborative group, and Russia is creating a “Silicon Valley” in Moscow that has shown interest in collaborating with ISTEC. ISTEC has expanded its efforts to a global context and we intend to provide the platform to assist them. ISTEC is working with us in this effort.
We are also a member of a “mini consortium” comprised of several ISTEC members playing a role in developing new Latin American technology parks. Our role would be to provide the collaborative platform that the tech parks would use for their ongoing research and development. This is a rapidly emerging opportunity, and we will keep our shareholders apprised of its development.
Finally, our company is undertaking a strategy of creating public spin-off companies that, while independent public entities in their own right, will provide services and technology that is in consonance with (i.e., non-competitive) and is supportive of the eDoorways vision. The first of these is the previously-announced “learning company”. While eDoorways will serve as a global collaborative “gateway” that, as promised, will deliver distance learning services, the new learning company will have the objective of becoming a global repository of educational media (learning courses) contributed to and maintained by the contributors from various countries. It will also conduct research aimed at determining the best way to disseminate the educational media. eDoorways will make its collaboration platform and services available to the new company. Other spin-off’s are also contemplated.
As this is being written, other opportunities in areas such as business-to-business collaboration and commerce have been presented to us. For example, the energy and financial services sectors may prove to be prime markets for eDoorways.
In Closing
Next week we will discuss where we want to be – our goals and objectives in view of what we have discussed in this post. In the third publication we will explain how we plan to get there – our game plan for going forward.
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For more information on eDoorways International Corporation and/or the “eDoorways” (www.eDoorways.com) initiative, please e-mail a package request to info@eDoorwaysCorp.com. You can also visit our corporate website at www.eDoorwaysCorp.com, make comments via the corporate blog (www.eDoorways.wordpress.com), follow us on Twitter (http://twitter.com/edoorways), or visit our Facebook Fan Page (http://facebook.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President (561) 210-5675
Jeffrey@HeritageCorporateServices.com
AUSTIN, Texas–(BUSINESS WIRE) — eDoorways International Corporation (Pink Sheets: EDWY) is proud to announce that the Ibero-American Science & Technology Education Consortium (ISTEC) is now launching several global collaborative PowerChannels utilizing the eDoorways universal platform. “ISTEC has launched four specialized PowerChannels to date and has plans to unveil and populate many others in the coming months,” stated Gary Kimmons, CEO of eDoorways International Corporation. “ISTEC has been the perfect starting global consortium, bringing many students and professionals in the engineering and science communities, as well as thousands of global organizations to our platform.”
ISTEC is expected to make several announcements in the coming days, describing details of each PowerChannel, linking the emerging innovation platform. “Our first Channels have been released over the past several weeks and have undergone extensive testing and demonstrations,” stated Dr. Ramiro Jordan, Founder of ISTEC. “We have begun training our partnering institutions to operate our easy to use collaborative platform, all of whom have been extremely pleased with eDoorways capabilities. Among the global organizations and entities we bring along with our network, each is encouraged to develop their own personalized PowerChannels to facilitate global demand for education and socialized problem solving,” concluded Dr. Jordan.
The launch of ISTEC’s collaborative PowerChannels comes at a crucial time in universal society. “As educational fundamentals are fought to be strengthened, we are building a global brand to ensure growth and development throughout all areas of the world, allowing the brightest minds to work together in real-time,” concluded Kimmons. ISTEC will also offer many contests and scholarships to its members, further ensuring the educational growth of the community.
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Albuquerque, New Mexico–(BUSINESS WIRE)—The Ibero-American Science & Technology Education Consortium (ISTEC) is pleased to announce the launch of the organizations first global collaborative PowerChannel, ISTEC’s Main Channel. This main channel was launched December 1st 2010, and was developed to be the first collaborative platform to bring all ISTEC members together to interact in real-time. “We have begun promoting our Main Channel amongst our members and partner organizations, and we are confident it will become a great tool to identify global projects, develop online training content to further education, and facilitate member communications between government agencies, educational entities, and businesses,” stated Dulce García, Interim President of ISTEC. “This channel is also crucial in setting up ISTEC’s annual General Assembly meeting which will be held on May 16, 2011, in Brazil.”
ISTEC has brought together 20 million students, faculty, professionals, and businesses, all of which have the same goals; to provide greater education and work on global problems as one organization. “Education is our number one priority, ensuring students around the world have access to the same opportunities, curriculum, and educational standards as their counterparts across the globe,” stated Dr. Ramiro Jordan, Founder of ISTEC. “Our second initiative is to bring together the brightest minds in the world and work on the socioeconomic challenges affecting us all.
ISTEC’s PowerChannels are currently running on the eDoorways innovation platform. “We plan to continue releasing PowerChannels on a regular basis, allowing users to interact in real-time from our site or eDoorways site, opening further doors and allowing users across the world to interact with us and each other,” concluded Garcia. ISTEC is expected to make several further announcements regarding the launch and collaborative efforts of each subsequent PowerChannel.
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
ISTEC Announces Brazil Relief Channel to Coordinate Relief Efforts in Brazil
Albuquerque, New Mexico–(BUSINESS WIRE)—The Ibero-American Science & Technology Education Consortium (ISTEC) is asking all its members and associates to communicate via the Brazil Flood Relief Channel to coordinate relief efforts for the devastating floods taking place in Brazil. “We have established an emergency relief channel for the tragic flooding events currently happening to our friends, family, and ISTEC colleagues in the weather-battered Brazil,” stated Dulce Garcia, Interim President of ISTEC. “We immediately began reaching out to global relief organizations and have offered our support for this tragedy.
ISTEC is deeply saddened by the loss of life and extends our sincere condolences to all who are involved. To access this Channel, please visit the Brazil Flood Relief Channel.
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
eDoorways International Corporation and ISTEC are not affiliates, agents, or beneficiaries of The American Red Cross or The United Nations Foundation.
Note: This is the second of a three-part blog series to provide our shareholders and other interested parties an up-to-date report of our activities and accomplishments. Part III will follow this post in a week. It will be entitled “How We Are Going to Get There”.
Where We Want to Be
Our Objectives
To make this a successful 2011 we believe that the following objectives should be established:
1. Move aggressively and effectively into the marketplace.
Domestic Deployment of Our Social Network
PowerKey Usage. eDoorways must find ways to encourage Americans to begin connecting with each other using PowerKeys on our collaborative platform.
PowerChannels. Similarly, we need to find ways for Americans to see value in creating PowerChannels.
Exploitation of Emerging Markets
USA
Government. We have an opportunity to pursue relationships we formed with the Department of Transportation in our first incarnation (as a learning company.)
Business. We believe that businesses will see value in using our anticipated new product, FlashChannels, to communicate with each other. Major industry segments such as the energy industry, manufacturing, and others must be tested to gage their interest.
Individual Consumers. Our FlashChannels may prove to be a valuable tool for consumers. 2011 can be the year that the American consumer “discovers” eDoorways.
Latin America
ISTEC Members. There are approximately 3,500 organizations, 150 universities, and 20 million students and faculty we can begin marketing to.
New Tech Parks. Many of the Latin American countries are building tech parks (“Silicon Valleys”) that could be interested in our collaborative platform and connectivity. We can make them aware of the benefit of being part of our emerging “innovation platform.”
Consultation with Specific Countries. When we attended the last ISTEC General Assembly in Albuquerque, a number of countries indicated their interest in what we are doing. Each had specific needs we can fill.
China & Russia
ISTEC is actively engaged with (assisting) China and Russia in both the financing of tech parks in Latin America as well as their potential participation in the consortium. We intend to assist with this process in whatever way possible. There may be an opportunity to get them to use the eDoorways’ platform.
Education/Distance Learning
Implementation of Collaborative Social Networking. There is an opportunity to establish connectivity for the stakeholders in the domestic and international education market. eDoorways can offer educators, course developers, and education consultants the ability to connect and interact with PowerKeys.
Administration of Distance Learning for Industry Leaders. We can be of assistance to existing distance learning providers such as The University of Phoenix by administering their courses on our platform.
2. Create revenue. We must begin to derive revenue from one or more of the following:
A. eCommerce transactions. Charging people a fee to engage in commerce on our site.
B. PowerChannel license fees. Charging a license fee for creating “specialty” PowerChannels.
C. PowerChannel Widgets. Charging a monthly fee to people who have a PowerChannel Widget on their website.
D. PowerKey notification fees. Charging a monthly fee to people who want to be notified when someone is pinging their designated PowerKeys.
E. Sale of targeted marketing information. Ad agencies and businesses will pay for highly qualified sales leads.
F. Distance learning administration. Charging to administer course offerings of for-profit educational entities.
3. Build traffic. Traffic is the name of the game in social networking. And, since eDoorways has a social networking collaborative platform as part of its service offering, we can and must increase our traffic on the site. PowerChannels were created with this objective – each time a PowerChannel is added to our site, we have the potential of adding thousands of users. Therefore, increasing PowerChannel creation/usage is a key part of this objective. Also, we must leverage the connections we are fostering with mega-entities such as ISTEC and others (TBA).
4. Expand and improve our service offering. In the area of product development, things we need to do are:
A. Complete the ecommerce platform and billing system.
B. Continue development of SOLVE functionality.
C. Increase the functionality and versatility of our collaborative platform.
D. Complete the development of the LEARN functionality.
E. Begin development of the CREATE doorway.
5. Secure the capital necessary to complete our launch. This is an ongoing objective. We must continue to raise capital until we are self-sustaining or have reached a point where it is a value-added alternative.
6. Increase the value of our stock. If we meet the objectives described in this post, this should take care of itself.
7. Qualify our company to trade on a reputable exchange. This year, we must regain our standing on the OTCBB or move higher to Nasdaq. We must take the appropriate steps to improve our corporate governance, become current with SEC filings and clean up our balance sheet.
8. Benefit from ancillary opportunities. By ancillary opportunities, we are referring to opportunities that present themselves and that are beyond the scope of our brand, such as the anticipated Learning Research, Inc spin-off. We are always watching for opportunities and will strive to ensure that our shareholders benefit.
Potential Benefits
When we do these things we will appreciate great benefits. We will have become:
1. A more productive, valuable and profitable company with a bright future.
2. A desirable company to invest in.
3. A viable platform and business model for expansion and growth.
4. A valuable community partner, supporter of education and protector of our environment.
5. A growing, highly valued brand.
This completes our discussion of “Where We Want to Be.” In our final blog post, we will discuss how we intend to accomplish the objectives we have described. The post is entitled “How We Are Going to Get There.”
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For more information on eDoorways International Corporation and/or the “eDoorways” (www.eDoorways.com) initiative, please e-mail a package request to info@eDoorwaysCorp.com. You can also visit our corporate website at www.eDoorwaysCorp.com, make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways.
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President (561) 210-5675
Jeffrey@HeritageCorporateServices.
Albuquerque, New Mexico–(BUSINESS WIRE)—The Ibero-American Science & Technology Education Consortium (ISTEC) is pleased to announce the launch of the organizations global collaborative General Assembly PowerChannel. The General Assembly is an ISTEC sponsored event held once a year bringing together the brightest minds in the fields of science, technology, engineering, and math. “The General Assembly will be held this year on May 16th – 20th, in the beautiful Porto Alegre, Brazil,” stated Dulce García, Interim President of ISTEC. “Our General Assembly channel will work hand-in-hand with the event, allowing collaborations with professionals before, after, and during the Assembly; not to mention those who are unable to attend the event can still be part of our global consortium.” Before the General Assembly begins, members are encouraged to connect with those who will be in attendance at the event, as well as scheduling times for particular sessions they wish to attend. During the General Assembly, members will have the opportunity to communicate via the PowerChannel in order to share observations, as well as keep in contact with members and presenters long after the General Assembly ends.
The central theme of this year’s General Assembly is Innovation in International Collaboration; including leading discussions on energy, digital information and global sustainability. These four events, each corresponding to cutting edge initiatives related to ISTEC’s central theme, will run concurrently with the General Assembly. “The General Assembly Channel currently allows us to interact in real-time with members of the scientific community, including the 120 universities and 20 million students and faculty population involved with our organization,” stated Dr. Ramiro Jordan, Founder of ISTEC. “The PowerChannel has enabled us to work on collaborative papers, presentations, forums, and even student contests which comprise another channel we will soon be releasing.”
ISTEC is expecting a major turn out for this year’s assembly based on the number of interested parties scheduled to attend. “We have evolved into a major global initiative and intend to conquer world challenges, one quandary at a time,” concluded Garcia.
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Note: This is the third of a three-part blog series that offers an up-to-date report of our activities and accomplishments to our shareholders and other interested parties. In this post, we discuss the actions and guidelines we intend to pursue to accomplish our objectives.
How We Are Going to Get There
In Part II of this series we identified a number of important objectives we want to achieve this year. To recap, our objectives for this year are:
1. Move aggressively and effectively into the marketplace.
2. Create revenue.
3. Build traffic.
4. Expand and improve our service offering.
5. Secure the capital necessary to complete our launch.
7. Increase the value of our stock.
8. Qualify our company to trade on a reputable exchange.
9. Benefit from ancillary opportunities.
What is it going to take for us to reach these objectives? We believe that we need to do the following:
1.Create a compelling service offering. Our key differentiator is an ability to combine key technologies and features in a unique new way that gives our users an experience they cannot find.
2. Stay focused – keep it simple and remain true to our brand. Our brand involves empowering people to use the internet in new ways to express themselves, share resources and connect. We must stay true to that concept.
3. Choose our partners wisely.
Capital. We must be careful to choose capital sources that will work with us to support the value of our company.
Strategic. We have many opportunities to partner with other ventures; however, we must be sure that we choose partners that add value to our brand.
4. Avoid reaching beyond our means.
Scalability. We are working with very large organizations that could quickly overwhelm us with their traffic. Sometimes it’s possible to have too much of a good thing. We have to be careful not to take on too much too soon.
Projects we undertake. There are many opportunities for us to apply our resources to specific projects and objectives such as implementing versions of our service offering within specific entities and organizations. Projects like these can quickly drain a small company of its resources. We have to be careful to continue to service our existing commitments such as ISTEC.
5. Build a strong and trusted team. This applies to our:
Board. We need to have a “working board”; i.e., one which takes an active role in our business. Recently, we added Dr. Jordan to our board because he meets this criterion. We are actively searching for similar candidates.
Administration. The executive team we are forming must believe in our brand and be prepared to carry it to its next level.
Employees. We are only as good as those who are a daily part of our team. We are fortunate to have many quality candidates in Austin. We intend to leverage that to our advantage.
6. Execute each day with character and a spirit of servitude. This speaks for itself.
We are going to give each of these our best effort. With providence on our team, we believe that 2011 can be the year the eDoorways brand finds its place in the world.
This completes our discussion of the actions we must take to accomplish this year’s objectives. We will continue to keep you advised of our progress via releases and posts on this blog.
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For more information on eDoorways International Corporation and/or the “eDoorways” (www.eDoorways.com) initiative, please e-mail a package request to info@eDoorwaysCorp.com. You can also visit our corporate website at www.eDoorwaysCorp.com, make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways.
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President (561) 210-5675
Jeffrey@HeritageCorporateServices.com
Albuquerque, New Mexico–(BUSINESS WIRE)—The Ibero-American Science & Technology Education Consortium (ISTEC) is pleased to announce the launch of the organization’s global, innovative and collaborative platform, ISTEC’s Leadership Channel. The objective of this Channel is to address the challenging problems facing the world. “Our Leadership Channel is among one of the most influential networks we are developing, with the purpose of bringing together the brightest minds to solve the world’s dilemmas,” stated Dulce García, Interim President of ISTEC. “We have unique partnerships with such organizations as the International Federation of Engineering Education Societies (IFEES), and other organizations.
An important outcome of meetings held in events organized by Engineering and Education organizations (IFEES, ASEE, ASIBEI, EftA, LACCEI, ISTEC and other organizations) is to raise the awareness level of the importance of Science, Technology, Engineering, Mathematics, (STEM), Education, Research and Development, and Entrepreneurship for socio-economic development with global social responsibility.
ISTEC with its partner eDoorways is providing a real-time discussion forum/channel (www.istec.org under Discuss) to further this goal.
Participants will include university Presidents, Deans such as members of the Global Engineering Dean’s Council (GEDC), Department Chairs, industry leaders, student associations, professional associations, government representatives, foundations, philanthropic organizations, NGOs, multilateral executives, and any interested individual to actively participate.
The channel will be a source to discuss position/policy papers, identify collaborative opportunities, present white papers on specific topics, perform tactical and strategic planning, facilitate fund raising, advance curricula, establish global student collaboration efforts and contests, facilitate the exchange of students, staff and researchers, encourage accreditation efforts, develop e-content, and many other activities. A goal is to educate the world leadership on the importance of STEM for socio-economic development with global social responsibility.
“Our Leadership Channel is absolutely crucial in today’s society as we address several scientific, engineering, and social challenges which affect us all on a daily basis,” stated Dr. Ramiro Jordan, Founder of ISTEC and Vice-President of IFEES-Americas. “Among many goals we plan on accomplishing with this Channel, we expect to provide scientific influence to the decision makers of the world, to ultimately invest in technology, technology parks, alternative energies, and environmental conservations; all areas which will ultimately improve the overall wellbeing of our world and all citizens which inhabit it.”
With the help of major organizations such as ISTEC and IFEES, the network of global organizations is growing very quickly, ensuring productive collaboration among leaders and interested individuals across the world.
ISTEC’s Leadership Channel is facilitated through the eDoorways (EDWY.pk) universal Collaborative Platform.
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
As widespread as ISTEC’s influence currently is, of equal magnitude is the news that ISTEC is bringing in a global affiliate organization – the International Federation of Engineering Education Societies (IFEES). IFEES brings together engineering education societies, industry experts, students, governments, funding agencies, and other science and technology stakeholders around the globe to network and develop unique and extraordinary initiatives to enhance engineering education.
IFEES has an impressive and widespread membership roster which includes organizations such as Boeing, Hewlett-Packard, Infosys, and multiple Engineering Institutes and Societies from China, Japan, Korea, South Africa, and many more countries.
This is a key development for ISTEC and eDoorways International Corporation (EDWY.pk). IFEES is becoming an active participant in the emerging global innovation platform conceived by ISTEC and driven by eDoorways.
“As President Barak Obama spoke about in his State of the Union Address, now is the time for our country to show our innovative ability in key areas such as technology and education,” stated Gary Kimmons, CEO of eDoorways International Corporation. “We are thrilled the President has challenged our country. In the ensuing days and weeks ISTEC and IFEES scientists, technologists and engineers will be engaging in these issues in a global context using the Leadership Channel as a venue. We encourage American members of IFEES to take an active role.”
The Leadership Channel will be a source to discuss position and policy papers, identify collaborative opportunities, present white papers on specific topics, perform tactical and strategic planning, facilitate fund raising, advance curricula, establish global student collaboration efforts and contests, facilitate the exchange of students, staff and researchers, encourage accreditation efforts, develop e-content, and many other influential activities.
Participants will include university Presidents, Deans such as members of the Global Engineering Dean’s Council (GEDC), Department Chairs, industry leaders, student associations, professional associations, government representatives, foundations, philanthropic organizations, NGOs, multilateral executives, and any interested individuals seeking to actively participate.
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Albuquerque, New Mexico–(BUSINESS WIRE)—The Ibero-American Science & Technology Education Consortium (ISTEC) is pleased to announce the launch of the organizations Student Channel, to facilitate a global relationship and standardized curriculum among all students of the world. “Our Student Channel is essential in providing equal opportunity education, development, and scholarships to students specializing in Science, Technology, Engineering, and Math,” stated Dulce Garcia, Interim President of ISTEC. “We are bringing together the brightest students and faculty from around the world to make sure their counterparts have the same access to information and resources to provide the same opportunities and advancements in the science fields.”
A crucial component to the Student Channel is ISTEC’s collaborative affiliate, the Student Platform for Engineering Education Development (SPEED). SPEED is a global, non-profit student organization made up of members that function as an interdisciplinary network of engineering students, who aspire to provide educations input and create an impact on the future development of engineering education and its effect on society and the environment. “We have been collaborating with and training the founders of SPEED to bring our global resources to their global organization,” stated Dr. Ramiro Jordan, Founder of ISTEC. “With the vast resources made available to our organization, we are able to ensure the future engineers and scientists of the world have every opportunity available to them by means of scholarships, student contests, and interactions with some of the most respected members in the science field.”
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Austin, Texas –(BUSINESS WIRE) — Austin media company, 512 Unscripted, announced today that it will be utilizing the eDoorways PowerChannel technology on all of their live streaming episodes, starting with their annual Austin Working Women episode filming this Saturday, February 5th, 2011.
“Our mission is to grow awareness of today’s generation through local media,” stated Deborah Toodle, CEO and Co-Founder of 512 Unscripted. “We are your local ambassadors whether it is fashion, art, music, film, environment, or philanthropy; our goal is to inspire you to see all the possibilities when seeing Austin at its best.”
The show’s hosts, Deborah Toodle and Meghan Jones, self produce 50 minute shows highlighting businesses in Austin, Texas. Shows are filmed at local venues such as restaurants, theaters, boutiques etc. Except for episodes where studio & set space is required, all episodes are filmed and streamed live on the web, urging Austinites to support their local establishments.
“We’re excited to see 512 Unscripted integrating the eDoorways PowerChannel into their broadcasts,” stated Gary Kimmons, CEO of eDoorways International Corporation. “It’s a great way for them to interact live with their viewers, fans, and enthusiasts around the state”.
On Saturday, February 5th, 512 Unscripted will film their annual Austin Working Women episode at Parts + Labour located at 1117 South Congress Ave, Austin, Texas. In this episode, they will be showcasing a local author and clothing designers, and will begin hosting a live chat event on their PowerChannel from 10:00AM to 11:00AM Central Standard Time to kick off the show which begins at 12:00 PM noon.
“In addition to the global outreach of our platform, we’re thrilled to hone in on local events and businesses, further supporting Austin’s business and tourism industries,” concluded Kimmons.
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Through IFEES, ISTEC is helping coordinate the world’s engineers; with its global sibling – SPEED – ISTEC is encouraging all engineering students to join its innovative endeavor
Austin, Texas — (EWORLDWIRE) — The Ibero-American Science & Technology Education Consortium (ISTEC) announced on Tuesday, February 1st that it has created the ISTEC Student Channel to facilitate a global relationship dynamic and to innovate curricula among all students of the world. Driven by eDoorways‘ PowerChannel technology, the Student Channel will be essential in providing equal opportunity education, development, and scholarships to students specializing in Science, Technology, Engineering, and Math. With this action ISTEC is bringing together the brightest students and faculty from around the world to ensure their counterparts have equal access to information and resources to provide opportunities and advancements in the science fields.
Enter the world’s engineering students. An integral component of the Student Channel is ISTEC’s collaborative affiliate, the Student Platform for Engineering Education Development (SPEED). SPEED is the world’s first and only global organization of engineering students, advancing engineering education by providing a platform for global communication among students and other stakeholders.
SPEED’s members come from virtually every developed nation and many emerging countries. ISTEC is collaborating with SPEED members to share resources. The goal – give the world’s future engineers and scientists every opportunity available to innovate via scholarships, student contests, incentivized creativity initiatives, and interactions with some of the most respected members of the field of science.
The creation of a global Student Channel and introduction of the world’s engineering students into the creative mix is a significant development for ISTEC. For eDoorways International Corporation (EDWY.pk) the implications may also loom large. SPEED students will be joining others from Latin America and around the world to collaborate using an emerging global innovation platform operated with eDoorways technology.
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
AUSTIN, Texas–(BUSINESS WIRE)–eDoorways International Corporation (Pink Sheets: EDWY) has signed a revenue sharing agreement with Paddington Media, an Austin based software development company, to implement and offer a GroupOn like feature to eDoorways PowerChannel owners. VoucherHounds, as the software is known, allows eDoorways PowerChannel owners to offer daily offers to their PowerChannel consumers and follows the proven GroupOn revenue model.
This new technology has the flexibility to appear as a unique service offering from each PowerChannel owner and is fully customizable to each PowerChannel owner’s needs. This will give eDoorways the ability to reach out to their customers in a value added way to not only add revenue to the company, but to share that ability to the PowerChannel owners in a proven revenue sharing model.
“When we saw the eDoorways service offering, we saw this as a natural fit that could bring great benefit to both eDoorways and their customers, as well as to Paddington Media,” stated Brandon Burris, founder of Paddington Media. “Our technology has been proven and is a ready-to-go service that we’re eager to implement on the powerful new eDoorways platform. What makes VoucherHounds different from our competitors is the ease of use of our administration system. Our system allows users to schedule deals for the month as well as the year, while visualizing all sales locally, nationally, and even globally,” concluded Burris.
This is a big step for eDoorways to move into a place of not only generating revenue for the company, but offering revenue generation to PowerChannel owners. The two companies are working closely to implement and pilot this service in the next month, with the ability to offer this to all PowerChannel owners in the near future.
Paddington Media has developed this proven technology that has been tested and utilized in the marketplace with successful results. Current clients engaged with Paddington Media include Texas State Representatives, Annie’s List, and the Austin Children’s Academy.
“We are quite pleased with this new agreement, including the revenue generating potential to our PowerChannel users,” stated Gary Kimmons, CEO of eDoorways International Corporation. “Our current PowerChannel users are thrilled with the idea of these new services and are looking forward to growing their customer base, while we continue to expand our eDoorways membership on a daily basis,” Kimmons concluded.
Groupon is a registered trademark of Groupon, Inc. and has no affiliation with eDoorways International Corporation.
For more information on eDoorways International Corporation and/or the “eDoorways” (http://www.eDoorways.com) initiative, e-mail a package request to info@eDoorwaysCorp.com. Visit the corporate Web site at eDoorwaysCorp.com (http://www.eDoorwaysCorp.com), make comments via the corporate blog (http://www.eDoorways.wordpress.com), or follow the company on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecast results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Through IFEES, ISTEC Is Helping Coordinate the World’s Engineers; With Its Global Sibling — SPEED — ISTEC Is Encouraging All Engineering Students to Join Its Innovative Endeavor
Press Release Source: eDoorways International Corporation On Tuesday February 15, 2011, 8:05 am EST
AUSTIN, TX–(Marketwire – 02/15/11) – The Ibero-American Science & Technology Education Consortium (ISTEC) announced on Tuesday, Feb. 1, 2011, that it has created the ISTEC Student Channel, driven by eDoorways’ (Pinksheets:EDWY – News) PowerChannel technology, to facilitate a global relationship dynamic and to innovate curricula among all students of the world.
The ISTEC Student Channel will be essential in providing equal opportunity education, development, and scholarships to students specializing in science, technology, engineering, and math. With this action, ISTEC is bringing together the brightest students and faculty from around the world to ensure their counterparts have equal access to information and resources to provide opportunities and advancements in the science fields.
Enter the world’s engineering students. An integral component of the Student Channel is ISTEC’s collaborative affiliate, the Student Platform for Engineering Education Development (SPEED). SPEED is the world’s first and only global organization of engineering students, advancing engineering education by providing a platform for global communication among students and other stakeholders.
SPEED’s members come from virtually every developed nation and many emerging countries. ISTEC is collaborating with SPEED members to share resources. The goal – give the world’s future engineers and scientists every opportunity available to innovate via scholarships, student contests, incentivized creativity initiatives, and interactions with some of the most respected members of the field of science.
The creation of a global Student Channel and introduction of the world’s engineering students into the creative mix is a significant development for ISTEC. For eDoorways International Corporation, the implications may also loom large. SPEED students will be joining others from Latin America and around the world to collaborate using an emerging global innovation platform operated with eDoorways technology.
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecast results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
AUSTIN, Texas, Feb. 24, 2011 /PRNewswire/ — eDoorways International Corporation (Pink Sheets: EDWY) is proud to announce that the International Federation of Engineering Education Societies (IFEES) in close collaboration with the Ibero-American Science and Technology Education Consortium (ISTEC Inc.) has launched two new Administrative PowerChannels to allow internal collaboration among IFEES members. “The eDoorways platform has given us the availability to interact with our administrative team from around the world,” stated Dr. Ramiro Jordan, VP IFEES-Americas and Executive VP of ISTE. “These PowerChannels are only accessible by IFEES Administrators and require special login credentials; adding extra security for our administrators.”
This new security feature allows PowerChannels to be created and utilized in a private capacity, ensuring information is being seen only by those authorized to view it. “Our users requested the ability to privatize certain functions of their PowerChannels, and we answered with the ability for password protected network entry,” stated Gary Kimmons, CEO of eDoorways International Corporation.
IFEES is currently engaged in the enhancement of engineering education through global collaboration and scholarship opportunities to the student population. The primary goal of IFEES is to prepare Engineering graduates for the global challenges which lie ahead through innovation of curriculum and access to a consortium of information.
For more information on eDoorways International Corporation and/or the “eDoorways” (www.eDoorways.com) initiative, please e-mail a package request to info@eDoorwaysCorp.com. You can also visit our corporate website at www.eDoorwaysCorp.com, make comments via the corporate blog (www.eDoorways.wordpress.com), follow us on Twitter (http://twitter.com/edoorways), or visit our Facebook Fan Page (http://facebook.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Jeffrey Staller- President
Heritage Corporate Services, Inc.
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
AUSTIN, Texas–(PRNewswire) — eDoorways International Corporation (Pink Sheets: EDWY) has joined a working partnership led by Create Tech Village, a California-based technology infrastructure creator, and the Ibero American Science and Technology Education Consortium (ISTEC); whose goals include the creation, development and enhancement of technology parks at various locations around the world. The technology parks are being created to accelerate the “birthing” process and incubation of new companies in emerging nations.
As a partner, eDoorways International Corporation will provide key technology, the eDoorways collaborative platform, and professional guidance to establish the infrastructure for each of the tech parks. “We sincerely appreciate being asked to join the consortium which already has projects under way in Latin America,” stated Gary Kimmons, CEO of eDoorways International Corporation. “These projects are being capitalized by one of the largest and most influential nations in the world and we are excited about the potential role our eDoorways platform can play in empowering the people and companies that are being spawned in this effort.”
eDoorways International Corporation will receive remuneration for its services in the form of initial consulting and license fees as well as ongoing service fees and e-commerce revenue. “We’re thrilled to work hand-in-hand with these great organizations; to expand global technology and enhance the established infrastructure. We’re expecting the revenues for this venture to be quite substantial and we will do everything we can to facilitate the expansion of these global hotspots,” concluded Kimmons.
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
AUSTIN, Texas–(PRNEWSWIRE)–eDoorways International Corporation (Pink Sheets: EDWY) is working closely with Paddington Media, an Austin based software development company, to implement and offer a GroupOn like feature to eDoorways PowerChannel owners. VoucherHounds, as the software is known, allows eDoorways PowerChannel owners to offer daily offers to their PowerChannel consumers and follows the proven GroupOn revenue model.
Paddington Media and Austin based media company, 512 Unscripted, are working together to pilot this new technology within the eDoorways PowerChannels. Deborah Toodle, CEO and Co-Founder of 512 Unscripted, says “We’re very excited to be working with Paddington Media to pilot the voucher technology. We feel this is a huge value add to the Austin companies we feature on our monthly show.” 512 Unscripted also plans to do a feature on Austin based Paddington Media within the next few months.
The VoucherHounds technology will allow eDoorways PowerChannel owners to offer daily GroupOn like deals to their PowerChannel users allowing them to promote their products or services and also generate a revenue split with eDoorways on the sale of the coupons.
For example, if a retail shop has a PowerChannel on eDoorways and wants to promote a special for the day regarding a certain brand of shoes, the offer would appear on their PowerChannel and also any other sites the owner would like to utilize. They could offer a $60 pair of shoes for $40, where the $40 is shared between the PowerChannel owner and eDoorways. The PowerChannel owner can also add their VoucherHounds code to their own website and to other social media sites.
This new technology has the flexibility to appear as a unique service offering from each PowerChannel owner and is fully customizable to each PowerChannel owner’s needs. This will give eDoorways the ability to reach out to their customers in a value added way to not only add revenue to the company, but to share that ability to the PowerChannel owners in a proven revenue sharing model.
Groupon is a registered trademark of Groupon, Inc. and has no affiliation with eDoorways International Corporation.
For more information on eDoorways International Corporation and/or the “eDoorways” (http://www.eDoorways.com) initiative, e-mail a package request to info@eDoorwaysCorp.com. Visit the corporate Web site at eDoorwaysCorp.com (http://www.eDoorwaysCorp.com), make comments via the corporate blog (http://www.eDoorways.wordpress.com), or follow the company on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecast results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
AUSTIN, Texas–(PRNewswire) — eDoorways International Corporation (Pink Sheets: EDWY) is pleased to announce that the Company has come to an agreement with a New York-based independent funding institution to take a leading role in positioning the Company for a significant institutional placement. The placement will be sufficient to support the Company’s growth plan for 2011. A condition precedent to the funding is the elimination of all outstanding debt on EDWY’s balance sheet. The Company must also bring its financial reports current.
“We are excited to have credible firms lend their hand as we position ourselves in the global marketplace,” stated Gary Kimmons, CEO of eDoorways International Corporation. “We now have the opportunity to obtain the funding required to advance to the next level of expansion, as we continue to grow internationally with such organizations as ISTEC, IFEES, and SPEED, to name a few.”
“It is also our goal to have eDoorways International Corporation completely free of all outstanding debt as we move forward with the implementation of our business plan. This assistance comes at a vital time to our company as we prepare to excel to the next level; partnering with global entities, expanding our current capabilities, and our anticipated audit to further our transparency efforts,” concluded Kimmons.
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
The Japan Earthquake Relief Channel has been created by eDoorways International Corporation. It can be found at the eDoorways website, “www.edoorways.com/japan-earthquake-relief“.
eDoorways is offering the channel as a vehicle to assist in coordinating relief efforts and to facilitate communication regarding the recent earthquake disaster in Japan. We encourage people to also use the channel to connect with family, friends, and loved ones who may be affected.
Use the Japan Earthquake Relief channel to connect directly with people and resources who may be of assistance.
When you login and create your profile, enter words describing areas where you may be of help or need help in the PowerKey section. People can then find you to interact directly with the Search tab. Go to the Post tab to start a new conversation.
Our thoughts are with the people and families affected by this disaster.
AUSTIN, Texas–(PRNewswire)–eDoorways International Corporation (Pink Sheets: EDWY) is asking all its members, associates, and shareholders to interact with one another via the Japan Relief Channel to assist with the coordination of relief efforts for the devastating Earthquakes and Tsunamis occurring in Japan. “We have established an emergency relief channel for the tragic events currently happening to our friends, family, and colleagues in the environmentally-battered Japan,” stated Gary Kimmons, President of eDoorways International Corporation. “We immediately began reaching out to global relief organizations and have offered our support for this tragedy.”
eDoorways is deeply saddened by the loss of life and extends our sincere condolences to all who are involved. To access this Channel, please visit the Japan Relief Channel.
For more information on eDoorways International Corporation and/or the “eDoorways” (http://www.eDoorways.com) initiative, e-mail a package request to info@eDoorwaysCorp.com. Visit the corporate Web site at eDoorwaysCorp.com (http://www.eDoorwaysCorp.com), make comments via the corporate blog (http://www.eDoorways.wordpress.com), or follow the company on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecast results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
AUSTIN, Texas–(PRNewswire)–eDoorways International Corporation (Pink Sheets: EDWY) announced today that the Company is eyeing possible revenue generating acquisitions in the software development sector. eDoorways has initiated dialogue with several software engineering companies that will contribute to both the development of the eDoorways platform as well as its profitability via their acquisition.
“We have established relationships with several profitable development companies that have a preliminary interest in joining our team,” stated Gary Kimmons, CEO of eDoorways International Corporation. Contemporaneous with this effort, the Company increased its share authorization to 4.7 billion common shares and is beginning work to complete its audit.
A continuing goal for the Company is to launch its first revenue stream. It is anticipated that first revenues will come via implementation of recently-licensed Voucher Hound technology from Paddington Media, whom has been retained to make the installation. An eDoorways version of the coupon generation software is expected soon and revenues may shortly follow.
Meanwhile, the Company is aggressively working to clear debt from its books as a prerequisite for an institutional funding. “Progress is definitely being made. With a more attractive balance sheet, audited financials, a significant institutional placement, and a return to the OTCBB, the Company believes it will enhance its value in the marketplace. The remaining factor would be revenue generation, and we have that squarely in our target as well,” concluded Kimmons.
Should eDoorways’ current activities prove successful, the Company will have proven it can do something that most social media companies have difficulty accomplishing – creating a globally-scalable business model that is also profitable.
For more information on eDoorways International Corporation and/or the “eDoorways” (http://www.eDoorways.com) initiative, e-mail a package request to info@eDoorwaysCorp.com. Visit the corporate Web site at eDoorwaysCorp.com (http://www.eDoorwaysCorp.com), make comments via the corporate blog (http://www.eDoorways.wordpress.com), or follow the company on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecast results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
AUSTIN, Texas–(PRNewswire)–eDoorways International Corporation (Pink Sheets: EDWY) announced today that ChartPoppers.com, one of the internet’s leading audio interviewing firms, has interviewed Gary Kimmons, CEO of eDoorways International Corporation, and has featured the live interaction on the company’s website. “We’ve made incredible strides these past couple months, and shareholders around the world have been showing more and more interest,” stated Gary Kimmons, CEO. “With ChartPoppers.com large national and international following, we were selected to briefly tell our story to their vast group of opted-in subscribers.”
eDoorways continues to receive monumental exposure following the Company’s recent eyeing of potential investment acquisitions. “Since the moment we began our transition to a more transparent company with the support of major institutions, we’ve been receiving an exorbitant amount of positive feedback from shareholders and investors about our future plans,” concluded Kimmons. The Company is expected to make several formal announcements regarding upcoming plans for the expansion of the eDoorways interactive public square.
For more information on eDoorways International Corporation and/or the “eDoorways” (http://www.eDoorways.com) initiative, e-mail a package request to info@eDoorwaysCorp.com. Visit the corporate Web site at eDoorwaysCorp.com (http://www.eDoorwaysCorp.com), make comments via the corporate blog (http://www.eDoorways.wordpress.com), or follow the company on Twitter (http://twitter.com/edoorways).
About ChartPoppers ChartPoppers.com is a small-cap research and investment commentary provider. ChartPoppers.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on ChartPoppers, please visit http://ChartPoppers.com/ireports
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecast results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
April 7, 2011. eDoorways International Corporation (Pink Sheets: EDWY) is in the process of completing the VoucherHounds integration that will allow it to implement the new revenue generating feature. As announced in early March, eDoorways International Corp is working closely with Paddington Media, an Austin based software development company, to implement and offer a GroupOn like feature to eDoorways PowerChannel owners. VoucherHounds, as the software is known, allows eDoorways PowerChannel owners to provide daily offers to their PowerChannel consumers and follows the proven GroupOn revenue model.
In order for consumers to purchase daily voucher offers through VoucherHounds, a total eCommerce function is being implemented allowing payments to be received and processed. The Company has also decided to allow PowerChannel owners to use the eCommerce functionality for their own use in their PowerChannels. This means that PowerChannel owners will be able to sell their own goods and services through the eDoorways platform.
“This is where eDoorways starts differentiating itself from other social media service offerings by integrating commerce with life style problem solving (SOLVE) and collaboration,” stated Gary Kimmons, CEO of eDoorways International Corporation.
In order to make both of these powerful revenue generating features available to PowerChannel owners, this release of the eDoorways platform will also include the ability for users to create and edit their own PowerChannels with easy to use templates.
Both VoucherHounds and the eCommerce functionality will be seen as unique service offerings from each PowerChannel owner and are fully customizable to each PowerChannel owner’s needs. This will give eDoorways the ability to reach out to their customers in a value added way to not only add revenue to the company, but to share that ability to the PowerChannel owners in a proven revenue sharing model.
Groupon is a registered trademark of Groupon, Inc. and has no affiliation with eDoorways International Corporation.
For more information on eDoorways International Corporation and/or the “eDoorways” (http://www.eDoorways.com) initiative, e-mail a package request to info@eDoorwaysCorp.com. Visit the corporate Web site at eDoorwaysCorp.com (http://www.eDoorwaysCorp.com), make comments via the corporate blog (http://www.eDoorways.wordpress.com), or follow the company on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecast results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
The Company is tapping into a vast, rapidly-growing market; nominal success can lead to great reward.
AUSTIN, Texas–(PRNewswire) — eDoorways International Corporation (Pink Sheets: EDWY) is targeting the rapidly expanding US ecommerce market as a primary source of its revenue for the remainder of 2011 and 2012. The company is introducing its new ecommerce software in May as part of its goal to foster commerce via its advanced PowerKey-driven personalized collaboration technology.
eDoorways is positioning itself for a big push in the marketplace. The company is encapsulating its advanced PowerKey collaboration technology into a new product called a FlashChannel. FlashChannels will serve as a one-of-a-kind commerce venue that combines advanced search capabilities, real-time person-to-person connectivity (via PowerKeys) with the ability to engage in buy-sell transactions. “A good example is a seller of a stereo unit who will now be able to instantly create a FlashChannel to showcase the unit, show the stereo operating in a real-time demonstration via live video streaming, immediately attract interested purchasers, and then have the ability to close the sale,” stated Gary Kimmons, CEO of eDoorways International Corporation. Sellers will also be able to offer Groupon-like coupon inducements to potential customers using eDoorways’ new VoucherHound technology. “The combination of these features in a single, easy-to-use context (i.e., a FlashChannel) is entirely unique, bringing both buyers and sellers the benefit of consummating commerce transactions quickly, easily and more effectively,” concluded Kimmons.
JP Morgan reports that global ecommerce will grow 19% in 2011 to $680B, with a US market of $187B. Forrester’s US numbers for 2011 are $191.7 billion and $210 billion for 2012. According to Forrester, ecommerce is set to grow at a compound annual growth rate of 10% through 2015, with ecommerce reaching $279B in the US.
Based on these estimates, eDoorways International Corporation conservatively believes that it can generate revenues of $50M during the next 12 to 24 months of operation. With the Company’s proprietary software and service offering, there is the possibility for it to secure one tenth of one percent of the market ($200M) by 2015.
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
NOTICE: The eDoorways website, www.edoorways.com, is now operational.
AUSTIN, Texas, April 14, 2011 /PRNewswire/ — eDoorways International Corporation (Pink Sheets: EDWY) will soon be unveiling its revenue generating technology to tap into the rapidly growing ecommerce market – a move that could potentially bring $50 million in sales by the end of 2012.
Online commerce models that have been developed over the last 10 years have created a shift in the consumer-vendor relationship, dramatically increasing consumer control over the buying experience. eDoorways’ strategy is to embrace this shift by leveraging its technology and the functionality of existing web-based service offerings to create a new consumer-oriented service called “Consumer 3.0.”
“Our goal at eDoorways is for the consumer to have the ability to spontaneously create ecommerce ecosystems with social networking components that can be generated quickly and simply called ‘FlashChannels,’” stated Gary Kimmons, CEO of eDoorways International Corporation. FlashChannels, or portable cells, can include many or all of the functions in the eDoorways platform while being transportable and capable of running in any environment.
The Company sees FlashChannels as a unique experience using PowerKey technology to allow people to connect with others who share similar interests, or those with needs, in a real-time environment. This allows the search and collaboration functions to be added to the ecommerce experience in a way that is roughly analogous to blending Google, Facebook and eBay’s functionality into a single, seamless environment.
For example, an avid fisherman may create a FlashChannel that has a mission and purpose to search and connect with other people who have an interest in fishing and to search for the sale of a Shimano Cumara fishing rod. A fishing supply store may create a FlashChannel where they have a Shimano Cumara on sale. Using eDoorways’ PowerKey technology and a new Java-based content management system, the FlashChannel will connect the fisherman and the supply store in a real-time collaborative environment where they can immediately communicate and conduct the sale.
With Consumer 3.0 comes the functionality to invoke ecommerce, integrate with and leverage the mass appeal of eBay and Amazon. Consumers will be given the ability to search and integrate with the big online commerce and social media sites. This will allow eDoorways to harvest the crops of the big traffic sites and tap into the power of what is already in the market, instead of having to create critical mass from the ground up.
Key insiders believe that the successful application of Consumer 3.0 could pay dividends In terms of eDoorways’ ability to carve a niche in the emerging consumer personalization marketplace. The company has set a market penetration goal for the remainder of 2011 and the first quarters of 2012 of one-tenth of one percent ( $50 million) in sales. If eDoorways can penetrate half of one percent of the market, sales could be in the range of $500 million.
For more information on eDoorways International Corporation and/or the “eDoorways” (www.eDoorways.com) initiative, please e-mail a package request to info@eDoorwaysCorp.com. You can also visit our corporate website at www.eDoorwaysCorp.com, make comments via the corporate blog (www.eDoorways.wordpress.com), follow us on Twitter (http://twitter.com/edoorways), or visit our Facebook Fan Page (http://facebook.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Jeffrey Staller, President
Heritage Corporate Services, Inc.
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
AUSTIN, Texas, April 18, 2011 /PRNewswire/ — eDoorways International Corporation (Pink Sheets: EDWY) announced today that Gary Kimmons, CEO of eDoorways International Corporation has been invited by the prestigious ISTEC General Assembly to make a key note presentation to the Leadership Counsel of the Assembly. “The Leadership Council is comprised of key thought leaders from around the world,” stated Gary Kimmons. “This is a chance to tell them about the benefits of our emerging global platform and to engage their support for our continued expansion.”
The central theme of the XVIII ISTEC General Assembly is Innovation in International Collaboration, with special emphasis on energy, digital information and global sustainability. The event is hosted by the Pontifical Catholic University of Rio Grande do Sul in the southernmost state capital of Brazil, Porto Alegre. “The main focus of this General Assembly runs completely parallel with our mission at eDoorways. As we continue to introduce the personalization and next generation of the internet, we will work hand in hand with ISTEC and the engineering leaders of the world to advance technology on a global scale,” concluded Kimmons.
For more information on eDoorways International Corporation and/or the “eDoorways” (www.eDoorways.com) initiative, please e-mail a package request to info@eDoorwaysCorp.com. You can also visit our corporate website at www.eDoorwaysCorp.com, make comments via the corporate blog (www.eDoorways.wordpress.com), follow us on Twitter (http://twitter.com/edoorways), or visit our Facebook Fan Page (http://facebook.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Jeffrey Staller, President
Heritage Corporate Services, Inc.
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
AUSTIN, Texas, April 20, 2011–(PRNewswire)–eDoorways International Corporation (Pink Sheets: EDWY) is signaling its emergence as a revenue generating ecommerce and social collaboration platform. The Company is working closely with Paddington Media, an Austin based software development company, to implement VoucherHounds, a GroupOn like feature, into the eDoorways PowerChannels. The pilot of VoucherHounds was scheduled for mid-May, but is ahead of schedule and will be starting the week of April 25th, 2011.
VoucherHounds allows eDoorways PowerChannel owners to provide daily offers to their PowerChannel consumers and is similar to the proven GroupOn revenue model. Paddington Media and eDoorways International Corp. will be working with an Austin based media company, 512 Unscripted, to pilot the voucher technology.
The release of the eDoorways platform will also include the ability for users to create PowerChannels and to engage in ecommerce within PowerChannels. This is all part of the emerging Consumer 3.0 engine being added to the eDoorways platform and immediately makes available two revenue sources for both the Company and eDoorways PowerChannel owners.
eDoorways anticipates the VoucherHounds release to be available for the public within a few weeks of the pilot exercise.
The company has set a market penetration goal for the remainder of 2011 and the first quarters of 2012 of one-tenth of one percent ( $50 million) in sales. If eDoorways can penetrate half of one percent of the market, sales could be in the range of $500 million.
Groupon is a registered trademark of Groupon, Inc. and has no affiliation with eDoorways International Corporation.
For more information on eDoorways International Corporation and/or the “eDoorways” (http://www.eDoorways.com) initiative, e-mail a package request to info@eDoorwaysCorp.com. Visit the corporate Web site at eDoorwaysCorp.com (http://www.eDoorwaysCorp.com), make comments via the corporate blog (http://www.eDoorways.wordpress.com), or follow the company on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecast results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
This week we’ll be posting progress reports on the VoucherHounds and ecommerce implementation pilot. Starting today, I’m working with Paddington Media to do final testing on the platform. I’m very excited about the way things are looking and the functionality we’re going to be able to roll out in the near future.
We’re piloting with a local media company, 512Unscripted, and the CEO and co-founder, Deborah Toodle, will be helping us this week to really run the software through its paces and give us “on the ground” feedback about how user friendly the new features are.
The things she’ll be working on with us are the administrative aspects of VoucherHounds. How easy is it to set up and run a voucher campaign? How easy is it to set up the accounting / revenue splits in the software? Are there any areas she finds confusing and have we overlooked anything?
We’ll be working through the same type of issues with both the ecommerce setup and the PowerChannel creation pieces.
Keep checking back and we’ll keep you updated on how things are going. I’m hoping we’ll be able to work through any issues in a timely manner and have these new features up in the next week or so. Paddington Media has been stellar in their quality and development “speed” so I have great confidence that we’ll be rolling this out very soon.
AUSTIN, Texas — April 27, 2011 — (PRNEWSWIRE) — eDoorways International Corporation (Pink Sheets: EDWY) is aiming high with discount merchandising software it is now piloting, hoping to place approximately $30 million to $50 million in coupon-related revenue in its coffers in the next 18 to 24 months. eDoorways has already published its objective to penetrate half of one percent of the general ecommerce market with sales that could be in the range of up to $500 million.
eDoorways is betting on it’s strategy of integrating recently announced VoucherHound technology developed by Paddington Media with its advanced collaborative platform featuring FlashChannels. eDoorways believes that the “distributive power” of its platform can become the technological means to greatly expand entrepreneurial initiative, and that it can establish a collaborative approach to empower hundreds of millions and eventually billions of people.
eDoorways’ vision is that everyone is a potential entrepreneur in a vastly extended global marketplace, but this time reconfigured from the bottom up rather than from the top down. Millions of small- and medium-size enterprises and producer cooperatives will expand commercial opportunities on a lateral scale never before experienced.
Merchandisers will use their own custom-designed eDoorways FlashChannels equipped with VoucherHound software and enhanced targeting and connectivity technology to stand toe-to-toe with much larger competitors to reach consumers who are actually interested in and will buy their products and promotions. Most important, merchandisers will be able to seamlessly close the sale.
Consumers will benefit in terms of saved time, convenience and cost savings. The deals and merchandise they are presented with will be worth pursuing because they will have been subjected to eDoorways’ enhanced targeting technology.
“The fact that Google and Facebook are coming into the discount merchandising market shows that it is very large and viable. Our timing is perfect. I believe we have something entirely unique that sets us apart,” stated Gary Kimmons, CEO of eDoorways International Corporation.
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
And the piloting continues… This last week Deborah Toodle and I met with Brandon Burris of Paddington Media to work out the look and feel of the new voucher system. Deborah’s company, 512 Unscripted, is piloting the voucher software and we’ve made a lot of progress. Next on the list for the pilot is to work through all the user interfaces for administering the vouchers and the ecommerce pieces. Things are progressing well and we hope to be able to incrementally start rolling out some of the new functionality very soon.
AUSTIN, Texas–(PRNewswire) — eDoorways International Corporation (Pink Sheets: EDWY) is following in the design steps of leaders of the pack – Google, Facebook, Twitter, and eBay – to ensure its platform can meet the key measures of “availability” and “scalability,” both essential elements of a rapid growth scenario. The Company’s new architectural approach is aimed at creating a proven environment for global deployment.
As advertised, eDoorways has been working on visible features of the site – adding ecommerce, daily voucher deals, and easy PowerChannel creation abilities. Less publicized is the Company’s work “under the hood” of its platform, where eDoorways’ basic architectural structure is undergoing an overhaul using an approach called “high availability design” to resolve potential scaling problems.
In another key design change, eDoorways will leverage traffic already realized by much bigger entities like Facebook and eBay. eDoorways is being fitted with internal “hooks” that will allow it to access user information at the most commonly used sites – eBay, Google and YouTube, Facebook, Twitter, and Zillow. This will give eDoorways the ability to gather data on user buying experiences to facilitate hyper-targeted marketing with the daily voucher system. Powered by eDoorways’ advanced PowerKey-driven collaborative capabilities, the new, more powerful marketing ability will make the eDoorways service offering very unique.
For example, imagine being able to use the pre-qualified, aggregated information from heavy traffic sites to determine the best voucher offering for a targeted group of purchasers. The information can also be used to help users determine selling and marketing strategies using the eDoorways ecommerce capability.
eDoorways anticipates its new functionality will be implemented shortly after the rollout of the ecommerce and voucher systems now being piloted by eDoorways and Paddington Media.
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Austin, Texas – May 6, 2011 – eDoorways International Corporation (EDWY – Pinksheets) is offering the public a glimpse of its new “look” and “feel” starting with the ecommerce voucher system it is now piloting. Of equal significance, the Company is putting the finishing touches on the user interface that will allow members to build their own PowerChannels. A sample of the ecommerce voucher system is now available.
Recently, eDoorways entered into a licensing agreement with Paddington Media, a software development firm in Austin, Texas to license its proprietary VoucherHound marketing technology. Paddington Media was subsequently engaged to tailor the software to the eDoorways platform. Part of this effort includes the creation of a new platform for the site as well as an easy to use interface for PowerChannel creation.
A successful pilot of the new functionality is underway prior to eDoorways’ release to the general public. To accomplish this, 512 Unscripted, an Austin-based media company and eDoorways client, immediately stepped forward to offer its PowerChannel as a venue to pilot the new marketing technology. 512 Unscripted has an interesting business model – it does not offer products or services itself, instead, it allows the opportunity to offer PowerChannel vouchers to all vendors featured on their cable television show.
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
AUSTIN, Texas–(PRNewswire) — eDoorways International Corporation (Pink Sheets: EDWY) announced today that the Company has retained a Certified Public Accountant to begin preparations for the Company’s upcoming audit and up listing to a higher, over the counter exchange. Fred Vogt, Jr, a Certified Public Accountant practicing in Austin Texas graduated Suma Cum Laude and holds a Masters in Professional Accounting. “After searching for an accounting professional who is capable of helping us achieve our goals, Fred came highly recommended and has the experience needed to take us to the next level,” stated Gary Kimmons, CEO of eDoorways International Corporation. “We’re anticipating having our audit complete by the third quarter and our migration to the OTCQB shortly thereafter.”
This news comes at an exciting time for eDoorways as the Company is working on closing a major institutional deal to continue expansion of the eDoorways platform. “This is the first of several steps we are taking to improve our transparency and increase our shareholder awareness,” concluded Kimmons.
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Subject:Information Posted to OTCMarkets.com for Current Disclosure – eDoorways International Corp. (EDWY)
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Pursuant to their request, we immediately revised our 2010 Annual Report and refiled it on Friday, May 13th. Today, May 16th, we received the requested revised attorney opinion letter from SEC counsel and refiled it.
Assuming that we are deemed to have complied with the requested changes, it is our understanding that the Yield sign will be removed in 2 to 5 business days, as is the standard procedure.
Please note that the Annual Report was filed well in advance of the filing deadline. Our goal is to make the report as thorough and complete as possible. In the event that an additional revision request is received we will act immediately to resolve the issue.
AUSTIN, Texas — May 23, 2011 — (PRNEWSWIRE) — eDoorways International Corporation (Pink Sheets: EDWY) has positioned itself for positive participation in the long lasting, powerful trend of social media. In what looks like the biggest Internet IPO since Google, shares of social networking company LinkedIn jumped 109 percent to $94.25 on the first day they began trading on the New York Stock Exchange.
“The market now is exceptionally strong for social networking stocks,” said Gary Kimmons, CEO of eDoorways International Corporation. “We believe that we are at the right place at the right time to participate in the bull market. Many believe our stock to be undervalued, which could present itself as an opportunity to those looking to ride the social media wave and to associate themselves with a social networking ecommerce company with great potential.”
eDoorways has worked aggressively to create an advanced technology and to establish international business connections that can facilitate rapid growth in overseas as well as domestic markets. The Company has laid the groundwork to become one of the most exciting social networking ecommerce sites out there, and it is almost ready to launch. As it emerges, eDoorways’ perceived value both in the marketplace and as a potential acquisition target could grow tremendously.
LinkedIn’s IPO suggests that the number of mergers and acquisitions will increase this year as social networking companies grow. All the rest of the companies in the pipeline will be extraordinarily active acquirers as well.
For more information on eDoorways International Corporation and/or the “eDoorways” (http://www.eDoorways.com) initiative, e-mail a package request to info@eDoorwaysCorp.com. Visit the corporate Web site at eDoorwaysCorp.com (http://www.eDoorwaysCorp.com), make comments via the corporate blog (http://www.eDoorways.wordpress.com), or follow the company on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecast results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Austin, TX – May 26, 2011 - PRNewswire – On Thursday, May 19, 2011 eDoorways International Corporation’s CEO Gary F. Kimmons served as a keynote presenter to a select group of ISTEC (Ibero American Science and Technology Education Consortium) Leadership Council delegates attending the 2011 General Assembly in Porto Alegre, Brazil. ISTEC’s Council members represent the needs, priorities and interests of approximately 3,500 organizations and 20 million members around the world. The interactive videoconference presentation was moderated by Dr. Ramiro Jordan, founder of ISTEC and a member of eDoorways’ board.
Kimmons spoke of “The Emerging Global Public Square,” a concept recently introduced in Jeremy Rifkin’s seminal book “The Empathic Civilization” and promulgated by a CNBC cable program of the same name. The premise of the Global Public Square (GPS) is that there is a rapidly emerging ecosystem conducive to global collaboration with key components including the emergence of a “global community” with interests transcending cultural and territorial constraints, democratic entrepreneurship and global commerce driven by small and medium initiatives reaching out to do business on a global scale. A primary aspect of the Global Public Square will be the next Internet, one completely customizable to the user.
“Using today’s Internet capabilities we were able to engage the delegates in Brazil from our offices in Austin, Texas,” stated Gary Kimmons, CEO of eDoorways International Corporation. “We shared our vision of the Global Public Square without losing critical momentum on eDoorways’ product testing and its pending software rollout. The GPS is truly an exciting vision of our rapidly approaching future. It’s a thrill to introduce the concept to our Latin American partners as we make the GPS a reality.”
“Our Council members are excited about the GPS vision,” stated Ramiro Jordan. “We are participants in an emerging global community linked by our common interests. ISTEC will play a proactive role with our partner eDoorways to help lay the groundwork for the emergence of the Global Public Square.”
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
AUSTIN, Texas, June 1, 2011 /PRNewswire/ — eDoorways International Corporation (Pink Sheets: EDWY) is targeting key factors that the Company believes can enhance its value in the marketplace. The company has set near-term goals in four critical areas: gaining access to higher trading markets, improving its web-based services, growing market share, and securing essential growth capital.
eDoorways is now engaged in the following activities pursuant to these objectives:
Fully reporting Bulletin Board listing: Action is being taken to increase the company’s transparency to the public, improve eDoorways’ visibility on Wall Street, and return the Company to a fully reporting status.
Web-based Services: eDoorways’ developers are releasing a new version of the website that fully facilitates ecommerce and offers advanced social networking capabilities.
Market Rollout: With its new ecommerce technology platform rolling out, there is an immediate opportunity for revenue generation. The company’s ISTEC connection provides near-term access to a 35-country Latin American market. Individuals and organizations in these countries are being introduced to eDoorways’ new platform with the objective that they will begin utilizing the Company’s services for business and social networking.
Growth Capitalization: Upon the successful implementation of the first three activities eDoorways is positioning itself for a major institutional placement.
eDoorways will provide specific information about its accomplishments relative to each activity in upcoming news releases. The company is working diligently to assure its objectives are reached this summer.
“The agenda we’re pursuing will make a big difference in how this company is perceived going forward,” stated Gary Kimmons, CEO. “We all want to see the public using our service and our stock trading at an appropriate valuation for our shareholders. We intend to make these goals a reality,” Kimmons concluded.
For more information on eDoorways International Corporation and/or the “eDoorways” (www.eDoorways.com) initiative, please e-mail a package request to info@eDoorwaysCorp.com. You can also visit our corporate website at www.eDoorwaysCorp.com, make comments via the corporate blog (www.eDoorways.wordpress.com), follow us on Twitter (http://twitter.com/edoorways), or visit our Facebook Fan Page (http://facebook.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Jeffrey Staller, President
Heritage Corporate Services, Inc.
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
PRNewswire – June 2, 2011 – eDoorways International Corporation (EDWY – Pinksheets) announced today that in anticipation of the new eDoorways website rollout, the Company is looking for small and midsized businesses interested in participating in a Beta test of the new platform. This evaluation will give the Company input regarding ease of use and give the participating companies a jump on using PowerChannels to increase visibility for their company and begin generating income via the new ecommerce platform. “Our new technology is undergoing final testing and the results have been incredible,” stated Gary Kimmons, CEO of eDoorways. “We are now looking for business owners who are interested in evaluating our advanced, easy to use platform while expanding their businesses via ecommerce social networking technology.”
The new eDoorways software brings the best features of popular social networks and ecommerce directly to the consumer, allowing business owners to easily set up a web based enterprise in as little as ten minutes. “We’re expecting significant revenue possibilities for all new PowerChannel owners and we’re very excited to hear the results and feedback of our selected PowerChannel testers,” concluded Kimmons.
Business owners interested in signing up to be among the first PowerChannel evaluators are asked to contact Ann Collins at ACollins@eDoorwaysCorp.com.
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
As we announced in a press release yesterday, we’re currently looking for a few companies to participate in a beta test of our new site. What this means is that we’re going to have these companies go through the PowerChannel, eCommerce and voucher creation steps to get their feedback. Once they’ve been through that process and we feel confident that we’ve met their concerns, the site will open up for the public.
The whole process should go fairly quickly.
We’ve had quite a few offers and we’re looking forward to working with everyone next week.
AUSTIN, Texas–(PRNewswire) — eDoorways International Corporation (Pink Sheets: EDWY) announced that it has completed internal testing of its new 2.0 Platform with links available later this week to companies interested in establishing a Beta storefront.
eDoorways 2.0 offers a broader range of functionality that includes social commerce and targeted marketing capabilities. It also features a new look and feel. eDoorways 2.0 brings users the ability to create their own social commerce business without the usual requirement of establishing a unique website. It also gives users independent control of their enterprise as well as the opportunity to create an asset that can gain value for future sale. These features along with analytics and marketing tools are offered at no cost to the eDoorways 2.0 PowerChannel owner. eDoorways charges only when there is a sales transaction.
eDoorways 2.0 includes:
New look and feel
Simplified landing page
Previous Info, Video, etc tabs on the right side of the screen are now separate pages
Functionality
Users can create PowerChannels
There will be 5 or 6 templates for users to select from when creating a channel. We’ll be adding templates on a regular basis.
Each PowerChannel has the following default pages: Home (previously Info), Chat, and Blog.
Each PowerChannel will get a free blog page.
Each PowerChannel owner can select which page is the default front page for their PowerChannel.
PowerChannel owners will have the option to add the daily voucher functionality or ecommerce to their PowerChannel.
eDoorways has added ecommerce functionality to the site and has made it available to all PowerChannel owners
Full shopping cart and product catalog functionality
Payments will be processed by Authorize.net
eDoorways will handle all payment processing. No need for PowerChannel owners to have merchant accounts or sign up for additional software.
Daily voucher functionality
Each PowerChannel owner can offer GroupOn-like deals to eDoorways users.
Owners can administer, schedule and monitor their deals.
Additional functionality
Users can now search for PowerChannels
There is a new and improved channel guide
Users can access the platform and view PowerChannels and chats without being logged in. Users still must login to participate in chats or to create and update PowerChannels.
eDoorways plans to make the eDoorways 2.0 Platform available to Beta testers later this week . The production version of the site (i.e., public launch) will occur approximately a week thereafter. Further information is forthcoming.
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
AUSTIN, Texas–(PRNewswire) — eDoorways International Corporation (Pink Sheets: EDWY) announced that it has completed development of its new 2.0 Platform that gives individuals and small companies the ability to create their own web-based social commerce business in a matter of minutes. Today, the company is handing over the keys to the beta version of its 2.0 Platform to small companies who will vet the platform prior to its production release in a few days.
eDoorways 2.0 has a new look and feel with a broader range of functionality that includes social commerce and targeted marketing capabilities. The new platform gives users the ability to create their own social commerce business without the usual requirement of establishing a unique website. It also offers users independent control of their enterprise. These features along with analytics and marketing tools are offered at no cost.
eDoorways is initially making the new platform available in the United States and Latin America, where it already has an affiliation with ISTEC (Ibero American Science and Technology Education Consortium), an Ibero American consortium with approximately 3,500 business members along with approximately 20 million individuals. In the US, eDoorways is targeting the large and growing market of emerging small businesses looking to assert themselves in the marketplace with products and services they can afford.
A production version of the eDoorways 2.0 Platform is scheduled for release to the general public in a few days upon completion of the vetting process.
Companies interested in participating in the beta test should contact Ann Collins of eDoorways at (acollins@edoorwayscorp.com).
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
eDoorways received this feedback regarding the eDoorways 2.0 Platform from one of our first beta testers. We thought we would share it with you.
“Yesterday afternoon I had the privilege of previewing the eDoorways 2.0 platform. To say the least I was beyond impressed. The new platform is robust and is an extreme step up from what eDoorways released a little over a year ago. Understanding that something on this level is not created overnight, I believe that this new edition of the eDoorway’s platform is the culmination of years of hard work. As someone who works for a global tech company, I also believe that it has the potential to be a major player in the online market place. Like Gary has stated in the past, to just get a small piece of the pie would be a great opportunity. I can honestly say that what eDoorways has evolved to will be a game changer. Having the ability to create your own channel, process transactions and cross market via a vast amount of sites is something that is hard to come by utilizing one platform. eDoorways has brought that altogether. “
“As a shareholder in eDoorways I, like most of you have a vested interest in the company and it’s success. Over the past couple years there have been some ups and downs but that is the case with several companies across the nation. I can say that eDoorways has stuck to the task at hand and is ready to deliver what we have all been waiting for. “
We received the following three emails from eDoorways 2.0 beta testers indicating their reaction to our new platform:
“I want to thank eDoorways for allowing me and a few others a sneak peak at their new site. This is the greatest thing since sliced bread as far as I am concerned. Move over Google and everyone else in eDoorways’ way. It is so easy to set up your own channel it is incredible. A child could do it. Talk about being user friendly. This is what I personally have been waiting for regarding my own businesses. This will also help the small companies of the world to get started who can not afford the huge costs of a start up these days. Companies new and old will now be able to compete with the big boys almost immediately, especially with all the links they will be connected to. This is easily a 100 times or maybe even 1000 times greater than the original site. This is what all us eDoorways shareholders have been patiently and impatiently waiting for all these years. In my opinion I have one thing to say, hold onto what eDoorways stock you have, and buy as much more stock now as you can. This is exciting and is going to be huge.”
Tony B.
“All I can say is…WOW!!! The functionality of the new eDoorways platform is phenomenal. The ease and flexibility in which users will be able to set up their own channels, for a wide variety of purposes including and especially e-commerce, is just incredible. The alliance with Paddington Media has helped advance the platform so dramatically in such a short period of time, and I wholeheartedly believe that the expectations of most users will be far surpassed once they experience it first hand. I am not aware of anything out there with such a broad spectrum of functionality, adaptability and expandability. I’ll say it again…WOW!!! Awesome! My gut instincts have always been positive about the future of eDoorways, and have now been powerfully validated by the progress on the new platform.”
Best Regards,
Dave Yeager
“Tonight I was invited to the beta tester orientation for the new eDoorways platform that we have been hearing about for the past several weeks. Although I am a shareholder, I am also an average guy looking to start a small business with limited resources. I went into the orientation which was held live online with the intent to have three basic questions answered. 1) Was the site user friendly? 2) Was it useful? 3) What was different about the platform than anything else already out there?
I walked away with all three questions answered in a way that quite frankly I was not expecting. This new platform is going to blow you away! I’m not kidding. You can call me biased or what ever you would like, I completely understand. This is nothing like the current site you are used to seeing. The new platform is very real, very powerful, and in my opinion is going to be a game changer.
It took less than two minutes to create a basic channel, you can have unlimited pages, a blog, chat room, hooks that are connected to 340 other internet sites, with customizable SEO capability, coupons, and eCommerce all for free. That’s just in the first phase, and there is much more to follow. Folks fasten your seat belts, and be excited for what is on the way!”
Sincerely,
Bill Miller
Thank you, beta testers, for your feedback!
We will continue to pass along comments as they are received.
The following comments were received over the weekend from our beta testers:
“The eDoorways platform is so comprehensive that it can easily become a an integral part of the communication technologies of any organization.
As presented, it can help streamline communications between merchants and customers, companies and employees, organizations and members, educators and students, non-profits and donors, doctors and patients, and between individuals with similar interests.
eDoorways levels the eCommerce playing field by offering all the tools necessary for an individual to start up their business quickly with very little capital, and no added expense for website development, or long-term contracts for merchant accounts.
With future additions of streaming video, broadcasting, and live events, an individual, business, or other organization can effectively communicate and collaborate in real-time with the general public, or limit it to a certain select population.
For example, a company can have training sessions that employees log into and access from their desks, saving time, travel dollars, and other expenses. Programs can be repeated from pre-recorded video and accessed at any time.
Defensive driving courses can be accessed, tests can be made available, and the course can be paid for through the site.
Individuals with an interest in broadcasting can build their own Internet stations, sell advertising on their channels, and rise up in within the industry without having the expenses of a traditional broadcasting outlet.
Government emergency management officials can quickly and efficiently disseminate emergency information for public safety. Amber alerts, catastrophic events, medical warnings, or severe weather reports can be quickly communicated with further instructions to citizens.
Law enforcement agencies can communicate more effectively, quickly, and securely with officers and other agencies in a closed channel environment, while they can also communicate with the public in an open channel environment.
Non-profit organizations can communicate with donors and coordinate volunteers and events more effectively and with less expense. Immediate or future donations can be scheduled and performed online with the real-time capability of merchant processing offered by eDoorways. Videos and other marketing communication can be quickly uploaded to keep the public informed of the actions of the agencies that serve their community.
Schools, universities and other student organizations can quickly, securely and effectively communicate information to students and their parents. Assignments can be posted, educators can upload a syllabus and other digital content for classes, grades can be posted, and collaboration can be encouraged.
The financial industry will be able to communicate in a secure environment with their customers in compliance with federal banking regulations. Customers can pay mortgages online in real time through the payment processing on the eDoorways website, and can view their payment history and receive messages in a secure transaction environment. The open access portion of their channel can be used for marketing their organization.
A final frontier would be for medical communication. Since it can be an open or closed channel environment, doctors and medical professionals can communicate with patients, other medical professionals, laboratories, or hospitals in a secure environment in full compliance with HIPAA regulations. Using the open part of their channel, doctors can post blog material, educational videos, and other related content for open access. Medical offices can streamline their front office operations by providing new patients with information from their office, as well as down-loadable paperwork patients can fill out at home and bring to their appointment.
The devil’s advocate I am, I cannot see a single type of organization that could not benefit from getting channels on the eDoorways website.”
- Sandy Kurtzman
———-
“Thank you so much for inviting me to participate in the EDWY 2.0 orientation this morning. I believe you have a very exciting, all encompassing environment for individuals, merchants, organizations, companies, entrepreneurs, institutions, and beyond to communicate with the world in an organized and well-equipped manner that facilitates whatever one’s goal may be.
I am not the most technically educated person in the world and what I have learned has basically been self-taught and listening to other smart techies. With that said, your platform appears to be quite user-friendly and well-thought out to accommodate a myriad of applications, including products and services, fundraising, education and much more. The best part is that EDWY is a true support system; meaning that in lieu of charging everyone a fee for a storefront, EDWY only charges 1% commission for each sale. That is truly putting your money where you mouth is. Most other forms of advertising require a minimum size ad, for a minimum length of time, regardless of whether any sales where made for the ad. The user is totally gambling that there ad will work. With EDWY’s platform, there is no user risk. Bravo!
EDWY also has been able to include many of the latest parameters/incentives, such as the discount coupon, links to other social media, 2-way chat, that really make this concept a one-stop shop for anything one needs. Its direct communication power helps us reconnect with people on a more human level, which today’s current methods have chosen to abandon.
I think you have covered all the bases. Once the world is introduced to EDWY, you can enjoy trotting around those bases celebrating your homerun!
We will continue to post feedback from our beta testers as it is received. The beta test is proceeding as planned (i.e., no major difficulties have been encountered.) We will release the 2.0 beta to the public as soon as we confirm that all aspects of the 2.0 platform are functioning to specification.
We received the following comments from eDoorways 2.0 beta testers last night:
“Wow! Amazing! The new site is perfect for any type of business. I truly believe people will be blown away.”
Jay Van Eeuwen
———
“I was very impressed with the clear and simple instructions for setting up channels and their component parts, and delighted to learn that eDoorways will not be running ads or asking for users’ data. You have created a refreshing new approach to web-based commerce that leaves the others in the past.”
Creston Funk
Austin HiFi Inc.
———
“Thanks for the call last night, it was VERY informative.
Since the call, I have been struggling to find the right words to convey my impressions and am at a loss (which is highly unusual for me). I am astounded by the functionality and its ease of use, and for it to be offered for minimal to no cost only compounds the astonishment.
I believe that, when released, the new eDoorways could be an inspiration for the next step in the evolution of the internet, on MANY different levels. It brings together social networking, a unique search experience, low cost e-commerce and the ability to collaborate in real time; all in one offering. Add to that the continuing vision and plan for eDoorways, in the form of the additional doorways (learn, create etc.), and you have one very powerful , functional and useful tool which can be a real contributor to society.
In short, the world should know that it is real, it is robust and its utility is truly versatile and endless. No more going to auction sights to sell things, a different social networking site to keep in touch with freinds, another different site to search and still another different site to collaborate. It appears that you have wrapped it up into one low cost, easy to use package. The way I see it, the “e” in eDoorways stands for extreme.
Thanks for the opportunity to participate, and congratulations on this milestone. It was inspiring.”
Rick L
———
We will continue to post all comments received as we complete the eDoorways 2.0 platform beta test. The test is proceeding as planned.
AUSTIN, Texas, June 22, 2011 /PRNewswire/ — eDoorways International Corporation (Pink Sheets: EDWY) is experiencing positive participation and support from the community it has assembled to test its new 2.0 Platform. Beta testers began testing the functionality of the site five days ago and quickly tested the performance of the beta (test) server with 30 new test channels created in the first 48 hours.
Feedback from beta testers is being used by eDoorways to make necessary adjustments to functionality. The Company is reporting that few problems have been identified. In general positive feedback has been received from beta testers. The following excerpted comment is representative of eDoorways 2.0 reviews:
“I have been struggling to find the right words to convey my impressions and am at a loss (which is highly unusual for me). I am astounded by the functionality and its (eDoorways) ease of use, and for it to be offered for minimal to no cost only compounds the astonishment.
I believe that, when released, the new eDoorways could be an inspiration for the next step in the evolution of the Internet, on MANY different levels. It brings together social networking, a unique search experience, low cost e-commerce and the ability to collaborate in real time; all in one offering. Add to that the continuing vision and plan for eDoorways, in the form of the additional doorways (learn, create etc.), and you have one very powerful, functional and useful tool which can be a real contributor to society.
In short, the world should know that it is real, it is robust and its utility is truly versatile and endless. No more going to auction sights to sell things, a different social networking site to keep in touch with friends, another different site to search and still another different site to collaborate. It appears that you have wrapped it up into one low cost, easy to use package. The way I see it, the “e” in eDoorways stands for extreme.”
Rick Larose
The Company is positioning its new 2.0 Platform to compete head-to-head with the social commerce majors. A first market test will be the looming Ibero American market, which spans 35 countries in Latin America and Europe. eDoorways will leverage its connection with ISTEC (Ibero American Science, Technology and Education Consortium), a key player in the region, to make its initial entry.
eDoorways intends to complete its 2.0 Platform beta review in the next few days. The Company will make all necessary adjustments to assure its functionality. The production version of the platform will be released to the public immediately thereafter.
For more information on eDoorways International Corporation and/or the “eDoorways” (http://www.eDoorways.com) initiative, e-mail a package request to info@eDoorwaysCorp.com. Visit the corporate Web site at eDoorwaysCorp.com (http://www.eDoorwaysCorp.com), make comments via the corporate blog (http://www.eDoorways.wordpress.com), or follow the company on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecast results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President, 561-210-5675
Jeffrey@HeritageCorporateServices.com
We received the following feedback from a 2.0 beta tester last night:
“I was afforded the positive privilege of experiencing a group beta test demonstration of eDoorways 2.0 as well as a personal Q&A with the CEO and lead technical manager for this new platform. This alone is a testament to the commitment and care of the brand they serve.
However, we are here to talk about the merits of the future platform and they are many.
This new version of the eDoorways digital ecosystem uses a blend of simplicity with power leaving it attractive and accessible on a global scale. You can quickly establish what I call a “social ecommerce” presence that is both clean in design and free of charge. This platform packages features with options that are scalable to your level of complexity (unlimited pages, customization, dashboards, channels, showroom, coupons, search optimization, media broadcasts, advertising, etc.) while allowing you to add your other web social sites. You have everything to create your own public square and marketplace in a single digital space.
The platform feature set and external asset integration will give you a channel of delivery with endless reach that is both custom and native while comprehensive and sticky to your web audience. You will not even have imposing ads embedded in your digital web sphere by eDoorways. This platform will also not be a time vampire but more of an easy way to establish a virtual democracy in both the personal and business sense.
Again, easy enough for a “newbie” with a “freebie” setup cost.
Concisely, my extensive experience in the computer industry leads me to believe this web digital ecosystem will be “crushed” upon globally due to its innovation and accessibility resulting in a completely new universe of individual empowerment and opportunity from communications to commerce. It just might change the world.”
AUSTIN, Texas, June 27, 2011 /PRNewswire/ — eDoorways International Corporation (EDWY Pinksheets) and Charles Gregoire de Rothschild, Chairman of GDR Privee, announced that an agreement was reached at GDR Privee’s Family offices whereby GDR Privee is assuming the role of lead financial advisor to eDoorways. As part of the agreement, GDR Privee will serve as eDoorways’ advisor and exclusive agent in pursuing long-term growth and will assist the company with the eDoorways platform as it takes the necessary steps to establish itself on both domestic and international exchanges.
“We look forward to our new relationship with eDoorways. We will work as a team to assist the company with its financial and business objectives. I am sure we will enjoy great success,” said Charles Gregoire de Rothschild, Chairman of GDR Privee.
The agreement with GDR Privee comes at a pivotal time for eDoorways as it positions itself for a global rollout of the forthcoming eDoorways 2.0 Platform. eDoorways and its strategic partner ISTEC (Ibero American Science and Technology Education Consortium) are positioning the platform to serve the needs and interests of approximately 20 million Ibero American ISTEC affiliates.
“GDR Privee will serve as advisor to eDoorways. We are retaining GDR Privee for business development efforts, whereby GDR Privee will introduce eDoorways to third parties (Investor or Investors), who may be interested in investing in, or in any other way financing all or a portion of the development of eDoorways business and designated projects. In addition, GDR Privee will be our exclusive agent worldwide for acquisitions, joint ventures, licensing and global expansion. It’s an honor to have a person of Mr. Charles Gregoire de Rothschild from GDR Privee’s stature and caliber on our team,” said Gary Kimmons, CEO of eDoorways.
A formal signing ceremony was held at GDR Privee’s offices in New York. Attendees included Charles Gregoire de Rothschild (GDR Privee), Gary F. Kimmons (eDoorways International Corporation),Ramiro Jordan, Ph.D. (eDoorways Board Member), and Lance Kimmons (eDoorways International Corporation). In addition to ratifying the agreement, Mr. de Rothschild discussed his perception of the potential opportunity as well as his ideas for future deployment.
For more information on eDoorways International Corporation and/or the “eDoorways” (http://www.eDoorways.com) initiative, e-mail a package request to info@eDoorwaysCorp.com. Visit the corporate Web site at eDoorwaysCorp.com (http://www.eDoorwaysCorp.com), make comments via the corporate blog (http://www.eDoorways.wordpress.com), or follow the company on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecast results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President, 561-210-5675
Jeffrey@HeritageCorporateServices.com
AUSTIN, Texas, July 19, 2011–(GlobeNewsWire)–eDoorways International Corporation (Pink Sheets: EDWY) announced today that overwhelming positive feedback from beta testers of the new eDoorways 2.0 platform has prompted the company to upgrade to top tier merchant services and ecommerce functionality. “Now that the true potential of eDoorways PowerChannels has been exposed to product testers, we are upgrading our merchant capabilities to the next generation of where we see the internet heading,” stated Gary Kimmons, CEO of eDoorways International Corporation. “In order to provide our users with the most up-to-date capabilities, we have expanded our merchant offering to some of the top players in the merchant services field”.
eDoorways PowerChannels have been created by some distinguished beta testers and the results have prompted the Company to prepare for an overwhelming influx of users. “This is what I would term the “American Dream” or “Global Initiative” for the person or persons who has a desire to change their life or the lives of others by connecting with people in real time and conducting eCommerce, education collaboration, distance learning or just about anything one could imagine,” stated Bill Miller, an esteemed beta tester. Further comments can found on the eDoorways blog located at http://www.eDoorways.wordpress.com.
“In the earliest times of civilization, individuals would migrate until they found a plot of land then staked their claim of ownership,” continued Kimmons. “We are re-introducing the American Dream by allowing individuals to claim a designated space on the internet then propagate their products, services, or views. Now with our upcoming merchant capabilities, individuals have the freedom to become their own vendor after only five minutes of creating their PowerChannel,” Kimmons concluded.
While the Company has essentially completed its development of eDoorways 2.0, its release is pending as several potential merchant service companies’ conduct their due diligence. eDoorways is seeking to do something rarely done by a new company – the aggregation of credit transaction processing – an approach that can be more efficient and profitable for the company. Amazon is an example of an Internet company that aggregates profitably.
For more information on eDoorways International Corporation and/or the “eDoorways” (http://www.eDoorways.com) initiative, e-mail a package request to info@eDoorwaysCorp.com. Visit the corporate blog at (http://www.eDoorways.wordpress.com), or follow the company on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecast results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
“I have been testing the site for almost three weeks now. The first time I saw the site I was amazed by how easy it was to create a PowerChannel, and pretty much create my own little store. As time progressed I started working with Paddington Media and eDoorways with testing the site for bugs and even some ideas on helping the site progress. The site is now (in my opinion) an awesome tool for the small business owner, or even the “local Joe” to sell their product and/or meet people with the same interests. The PowerChannels are truly like your own little website, you can blog, live chat, post any videos, file share, sell any product and much much more.
I know the website might be taking longer then some expected, but there is a lot of work going on behind the scenes. I promise no one will be disappointed once this goes live. The website will be a winner in my honest opinion!”
Jason Van Eeuwen
Beta Tester
“I have been an eDoorways Beta tester for about one month now. The platform has undergone dozens of changes since I first participated in the live demonstration from the company. After being handed the “keys”, I quickly began taking notes and giving feedback to improve the system. I have been impressed with the speed in which their lead software developer, “Paddington Media” has responded and implemented changes.
The one thing that has struck me is the complexity, and time involved in developing this powerful platform. I have never been involved in software programming, so I did not realize how much time could be involved in correcting bugs, or how difficult it could be finding them. One small fix could take several hours, one improvement to the site could create additional issues not contemplated. I have a whole new respect for what is being achieved based on the capability and complexity of the new platform.
This is what I would term the “American Dream” or “Global Initiative” for the person or persons who have a desire to change their life or the lives of others by connecting with people in real time and conducting ecommerce, education collaboration, distance learning or just about anything one could imagine. The new platform empowers the average person or institutions to start something from scratch and have an entire site with ecommerce, a blog, a chat room, vouchers, video, pictures, SEO and the ability to make a site that is actually marketable based on the individual PowerChannel. Imagine creating a PowerChannel based on a popular name that cannot be duplicated once that PowerChannel name has been taken. This creates a potential market for that PowerChannel name just as domain names did with the Internet, but it did not cost you a dime to register that name and develop that site.
The above capabilities would cost a small business entrepreneur hundreds if not thousands of dollars on the open market. This will not only empower people to have ecommerce and impact the world, but it will also help establish new jobs, foster innovation and stimulate the economy. The wait has been long – the reward will be worth the wait.
AUSTIN, Texas, July 27, 2011 (GLOBE NEWSWIRE) –eDoorways International Corporation (Pink Sheets:EDWY.PK -News) announced today that the Company has begun the process for their first major acquisition, signing a Letter of Intent (LOI) to acquire Paddington Media of Austin Texas. Paddington Media, established in 2004, has been a leader in internet engineering and website infrastructure, two crucial components of the new eDoorways platform. “We have been working with the great team at Paddington Media for the past year and we’ve been blown away by their internet expertise,” stated Gary Kimmons, CEO of eDoorways International Corporation. “Paddington Media has been generating revenue since the company’s inception in 2004 as Paddington Web Design and all ventures thereafter leading to Paddington Media. We’re very excited to add them to our eDoorways portfolio and have the technical expertise in-house to continue expanding our platform.”
“As soon as eDoorways introduced their concept to us, we knew this was a project we wanted to fulfill,” stated Michael Mendoza, CEO of Paddington Media. “We are retained by the company to expand their upcoming 2.0 platform and found synergy in working with Gary Kimmons and Ann Collins, combining our expertise with eDoorways’ platform.” For eDoorways, this acquisition means immediate revenue generation for the Company as well as access to some of the brightest internet engineers and technology currently available. The Company expects to release additional information about the deal in the coming weeks.
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecast results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President, 561-210-5675
Jeffrey@HeritageCorporateServices.com
The anticipated acquisition of Paddington Media will have no bearing on the timing of the eDoorways 2.0 release. To the contrary, this will augment our effort and make us more efficient. Having our own engineers in-house will expedite our development work.
eDoorways is making good progress in the key areas that remain before the new platform will be released. The primary things we are working on are securing final approval from a merchant services company, making final software enhancements, and setting up the infrastructure for PowerChannel ownership and daily operation.
We are being told that we will receive our merchant service number shortly and we are at the final stage of testing and development. In the ensuing days as we wrap things up we will keep you advised.
AUSTIN, Texas, Aug. 1, 2011 (GLOBE NEWSWIRE) – The Ibero-American Science & Technology Education Consortium (ISTEC)announced today that the organization has scheduled their first student contest of the 2011 year. The premise of the contest is for students to develop applications for Apple’s IOS and Google’s ANDROID operating systems that will assist people with hearing, speech, and vision impairments, enabling them to live better lives. “Due to the overwhelming popularity and usage of the Android and IOS platforms, we knew this would be a perfect fit for students to help expand applications for the impaired populations,” stated Dr. Ramiro Jordan, Executive Vice-President of ISTEC and IFEES VP of the Americas. “We will utilize the newly improved and powerful eDoorways 2.0 platform for all aspects of the contest, including dissemination of information, contest specifications, discussion forums, curricula development, training, and document sharing amongst all contestants.”
All awards and prizes for the best projects will be presented during the World Engineering Education Forum, October 15-18, 2012, in Buenos Aires, Argentina. The organization will be releasing additional details over the next several weeks and encourages all ISTEC students to get involved and help improve the lives of those less fortunate.
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecast results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President, 561-210-5675
Jeffrey@HeritageCorporateServices.com
Things are going well as we progress toward the launch of eDoorways 2.0. We’ve been busy working on the following things:
1. Implementation of Beta Test Feedback
We have received valuable suggestions and feedback about our new service offering from beta testers. Most of the feedback has been in regard to fixing software errors that come up. In addition, some things have not been intuitively obvious to users and have required clarification. There have also been suggestions about things we should add to enhance the functionality and value of the site. In most cases we have implemented beta tester suggestions or we have gone beyond their request. We think we are nearing the end of this process barring unforeseen circumstances.
2. Implementation of Additional Functionality
A number of ideas have arisen as we have been working on the project that we believe are too good to pass up. We have taken the time to add functionality in certain areas that was not originally contemplated. An example is the “QR” code. The “QR” code is a new tool that can be used by PowerChannel operators to bring interested parties directly to their site. It looks much like a bar code, but is square in shape. Smart phones can be used to capture its image when it’s placed on a voucher coupon or computer screen; the QR code takes the interested party directly to a pre-established URL associated with the PowerChannel operator.
3. Payment Processing
We have been working with several merchant service companies to gain their commitment to do our payment processing. Normally you would think this would be an easy process. People set up merchant accounts with PayPal and credit card companies all of the time.
However, our situation is more complex. Our business model calls for us to offer a shopping experience similar to Amazon.com. At Amazon.com, a shopper can select a number of items for purchase that are offered by different vendors and place them in their shopping cart. When they complete the purchase, they make one payment. We want to bring this level of convenience to PowerChannel shoppers so that they do not have to pay multiple times as they shop at different PowerChannels. Merchant service companies get nervous with this type of an approach due to the higher level of risk from charge-backs. We are working with three different companies to secure their services. All are very interested and are attempting to make their risk management departments comfortable with our approach.
Another complicating factor is the issue of successfully handling international transactions. We anticipate that we will experience commerce transactions in Latin America and international markets. This requires commitments from multiple merchant service providers.
Having said all of this, we have already implemented software and are prepared to go with “Plan B.” Plan B involves using PayPal and requiring each PowerChannel operator to secure their own merchant service contract. We may decide to proceed with this approach while we are waiting for answers regarding our original plan.
4. Creation of Initial “Terms and Conditions”
eDoorways 2.0 combines a broad range of functionalities that include search, social networking, targeted marketing and e-commerce. We are also introducing the concept of ownership of PowerChannels. The rules and regulations associated with our operation have to be determined in advance of a launch. Otherwise, we open ourselves to unnecessary risk and exposure.
There are many details to be considered and decisions to be made. Examples of key issues are: who can own and operate a PowerChannel? How can PowerChannels be sold? How is commerce going to be conducted? What rules and governing entities must be put in place to oversee the community we are creating? How will PowerChannel names be made available and distributed? Will certain names be withheld? These and other questions deserve careful thought and consideration so that the service we offer is of the highest caliber. We have been engaged in identifying and resolving these issues for several weeks. We now think we have a good plan. We are in the process of completing the “Terms and Conditions” documentation and will make it available to you in draft form for your ideas and suggestions.
5. Completion of the Financial Audit
Several weeks ago we secured the services of Fred Vogt, Jr., an Austin-based CPA, to review our financial books and prepare them for audit. This has been a time-consuming process, since he has had to review two and a half years of transactions, characterize each of them properly, and put them in a form that will expedite an audit.
Gary Kimmons has worked with Mr. Vogt to assist with the effort. Mr. Vogt completed the preparation process on Friday of last week. We are now ready to send the financials to a CPA in New Jersey selected by our auditor to prepare the first draft of a Form 10 document and to write financial footnotes. When completed, the entire package will be ready for the auditor to review. Our investment banker in New York is in the process of retaining the New Jersey CPA.
We will continue to keep you updated regarding our status. Thanks for your continued interest and support!
Key aspects of the eDoorways 2.0 development process are the design and engineering of the Global Public Square (GPS) user community and its primary components such as the Chamber of Commerce and PowerChannel Association and the establishment of rights and privileges of PowerChannels and their owners. By design eDoorways 2.0 PowerChannels will operate storefronts in the Global Public Square.
The following “Terms and Conditions” working draft reflects our thinking regarding how the GPS community will function as well as the operating standards and rules that must exist to assure eDoorways 2.0 users benefit from an outstanding service offering.
We encourage you to review the draft carefully and give us your comments and suggestions. We will take the best ideas and incorporate them into our design. Please forward your feedback to Jeffrey@HeritageCorporateServices.com.
Please be advised that we have included a brief status update at the end of this post.
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eDoorways 2.0
Draft – Terms and Conditions
I. PowerKeys
A. Definition
A PowerKey is a collaborative tool and connectivity device of the eDoorways platform.
B. Purpose
PowerKeys are employed by eDoorways users to establish and maintain preferential connectivity. PowerKeys may be used individually or collectively as a means for prequalifying, identifying and establishing a link with people and resources that may be beneficial to the user.
C. Types
1. Standard PowerKeys
Standard PowerKeys provide contextual performance support and connectivity to eDoorways users, allowing them to connect with other users who share their interest, perspective or intent.
2. SmartKeys (forthcoming)
A SmartKey is a PowerKey that features enhanced functional capabilities that support specific needs and interests of its holder. An example of SmartKey functionality would be the ability to serve as the holder’s proxy while he/she is unavailable to the eDoorways platform, performing functions such as responding to PowerKey queries and taking appropriate action such as demonstrating a product and closing the sale.
D. Use
1. Eligibility
Any person may create a PowerKey on eDoorways. It is not necessary for a PowerKey creator to be registered on the eDoorways platform. There is no fee associated with PowerKey usage.
2. Creation
There is no limit to the number, type or form of PowerKeys that can be created by a given person or entity. PowerKeys may consist of keywords, domain names, topics, and demographic targeting preferences but are not limited to these conveyances. If a user wishes to employ a PowerKey that has not been established in the eDoorways system the user may create the PowerKey and introduce it as a new member of the eDoorways PowerKey lexicon.
3. Restriction
PowerKeys may not be used for the perpetration of illegal or criminal acts. Nor may they be used to usurp and/or violate the rights or interest of other eDoorways users.
4. Modification / Deletion
eDoorways users may modify the list of PowerKeys they have chosen and designated in their Profile at any time. Users may delete PowerKeys from their User Profile. However, the PowerKey will remain in the eDoorways system if there are other users who have elected to make it a part of their Profile.
5. Fees
There is no fee for the creation and /or use of PowerKeys. SmartKeys and their usage are subject to an additional fee (TBD).
II. PowerChannels
A. Definition
A PowerChannel is a functionally and operationally discrete venue of the eDoorways 2.0 Internet platform that has been designed and established to support the proprietary rights and interests of parties that have committed to an ownership agreement.
B. Purpose
PowerChannels serve as platforms or environments that support the lifestyle needs and interests of eDoorways users. In many ways analogous to a website, a PowerChannel may be established to serve a singular concept or purpose (eg, a blog or landing page) or with a goal of supporting multiple functions that may include buying and selling goods and services (e-commerce), identifying information and resources (search), and establishing communication among cooperating entities (chat). A PowerChannel has the advantage of being highly flexible while seamlessly integrating key lifestyle and business functions. PowerChannels may also be configured to support interactive video stream casting.
C. Types
1. PowerChannels
PowerChannels are free-form, highly adaptable Internet venues designed to augment and support the business and lifestyle activities of individuals as well as entities and organizations of various sizes, objectives and orientation. Standard PowerChannels and their associated names comprise the third tier (Tier 3) of the eDoorways nomenclature taxonomy.
2. Preferred PowerChannels
Preferred PowerChannels are a second tier of PowerChannels differentiated from standard PowerChannels by their association with a name chosen from Tier 2 of the eDoorways nomenclature and PowerChannel taxonomy. As an example, if the word “sports” is attributed to be a Tier 1 word of the taxonomy due to the fact that it is not a member of an overarching name or entity, then “baseball”, “hockey”, are examples of names that are part of an underlying second tier (Tier 2) of “sports.”
Preferred PowerChannels will be held in reserve by eDoorways and will be made available via public auction at a designated future time.
3. Super PowerChannels
Super PowerChannels are the first, and highest-level tier of PowerChannels as designated by the eDoorways PowerChannel taxonomy. Again, the word “sports” is a Tier 1 word, as are the words “business” and “environment.” Super PowerChannels stand at the top of the taxonomic order and as such, are limited in number and relative availability. As the PowerChannel economy grows Super PowerChannels will enjoy the benefits of broader general accessibility and visibility.
Super PowerChannels will be held in reserve by eDoorways and will be made available via public auction at a designated future time.
4. FlashChannels (forthcoming)
FlashChannels are PowerChannels designed to augment and facilitate contexts and uses requiring immediate access, mobilization of resources, and flexibility of administration. They are geared to offer maximum utility to smart phone and mobile phone users. A FlashChannel may be created quickly and easily, used for a specific purpose, and immediately discarded. Or, it may be kept indefinitely for future use or referral. Examples of applications suited to FlashChannels are: sporting events; troubleshooting and problem solving; sales and promotions.
Anyone may create and use a FlashChannel for free without the requirement of personal identification or registration.
D. Operation / Use
1. Eligibility
Users of PowerChannel information and services must be at least 14 years of age unless they are under the supervision of an adult.
2. Creation / Fees
Anyone may create and use PowerChannels if they meet the minimum age requirement and provide the required registration information on the User Profile. With a valid registration a newly created PowerChannel becomes a storefront in the Global Public Square (GPS).
There is no limit to the number of PowerChannels that a given person or entity may create, use and operate. There is no fee for the creation and / or use of a standard PowerChannel and its associated services.
3. Commerce / Advertising
Owners / operators of PowerChannels may elect to engage in commerce. Those who elect to do so must comply with eDoorways eCommerce Policy.
Owners may engage in targeted marketing and sales promotion activities. Third party advertising and promotion on PowerChannels are also allowed.
eDoorways will provide sales transaction processing services to all PowerChannels. There will be a referral fee of 1% for all transactions. Owners /operators of PowerChannels may also elect to use their own merchant services relationship with PayPal either in lieu of or in addition to using eDoorways’ merchant services. Should they do so, the 1% referral fee shall remain applicable.
4. Business Practices
Owners / operators of PowerChannels must comply with all relevant federal and state rules and regulations. In the event that eDoorways becomes aware that there has been a violation of the law we will take all necessary steps to assure compliance. In the event that there is gross or willful non-compliance eDoorways may elect to notify appropriate authorities and / or suspend operations of the PowerChannel.
5. Rights and Privileges
At their election, PowerChannel owners / operators may elect to:
a. Move their PowerChannel and assimilate it within a third party PowerChannel. In this event, the title of the third party PowerChannel shall prevail, and the title of the subordinated PowerChannel cancelled. eDoorways will charge a fee of $50 for processing the change.
b. Sublease a PowerChannel.
c. Use their PowerChannel as a domicile for subordinate PowerChannels. In this event, the title of the original PowerChannel (i.e., the “parent” entity) shall prevail, and the title(s) of all subordinated (or newly created) PowerChannels shall enure to the parent PowerChannel holder. eDoorways will charge a fee of $50 for processing the change.
d. Employ the services of and /or engage in revenue generating relationships with third-party advertising sources.
e. Engage in promotional events and activities.
E. Ownership
eDoorways will provide confirmation of ownership to all creators / operators of PowerChannels at their request. To obtain confirmation of ownership the person registering the PowerChannel or a responsible third party must certify that they are at least 18 years of age. Title of ownership will be shown in the name specified by the individuals creating the PowerChannel. Multiple names may be registered for PowerChannel ownership.
F. Sale
Owners / operators of PowerChannels must hold title to their associated property for a minimum of 12 months before the property can be offered for sale. Properties may be listed for sale (starting at month 10 of the ownership cycle) at no charge in the Global Public Square Market, or they may be posted elsewhere by the owner at owner’s expense. The owner of the PowerChannel retains complete authority and control of who may be chosen as a purchaser as well as the price of the PowerChannel at closing.
eDoorways reserves the right to serve as the sole and exclusive closing agent for the sales transaction. Both the seller and buyer acknowledge eDoorways’ right to serve exclusively as closing agent as well as its right to charge a fee for the service. The fee for closing all PowerChannel sales will be 5%.
G. Deletion / Removal
A PowerChannel owner may elect to delete the PowerChannel at any time. eDoorways will maintain a backup of the PowerChannel for a period of 12 months from the date of deletion. After that period it will not be possible to restore the PowerChannel and its functionality. In the event that eDoorways restores a PowerChannel to operation it will charge the owner a restoration fee of $50.
H. Base Services
eDoorways will provide its base service offering and maintenance to all platform users at no cost. All value-added services and functions will be subject to additional fees as specified in the eDoorways Fee Agreement. As an example, two-way interactive video streaming (broadcast) services will be provided to all PowerChannels (forthcoming). In circumstances where broadcasting usage exceeds a pre-specified threshold and it is the primary business objective of the PowerChannel eDoorways will pass along its cost along with a processing fee for making the service available.
III. Global Public Square (GPS)
A. Definition
The Global Public Square (GPS) is the commercial and collaborative domain and ecosystem fostered by the eDoorways 2.0 platform. People of all backgrounds, perspectives and interests may walk its streets, sell their wares and visit its storefronts. All are linked by a common desire to create and achieve.
B. Purpose
The Global Public Square provides a convenient and powerful venue to anyone interested in improving his or her lives. All people, irrespective of their current status or resources may avail themselves of its capabilities. As such, the Global Public Square “levels the playing field”, giving all participants the opportunity to excel and prosper.
C. Components
Storefronts. The storefronts of the Global Public Square are comprised of PowerChannels owned and operated by people from many countries.
Speaker’s Corner. Many elect to create PowerChannel blogs where they may convey their knowledge and perspective. This is their corner, much like the Speaker’s Corner in London.
Market. The Market of the Global Public Square is where people may sell their PowerChannels, or the software (API’s) they have built to add value to eDoorways, or other goods and services.
IV. PowerChannel Owner’s Association
eDoorways has created the GPS PowerChannel Owner’s Association as a specifier and overseer of relevant PowerChannel rules and regulations. The PowerChannel Owner’s Association operates in a manner analogous to most homeowner’s associations to assure that all PowerChannels adhere to a minimum standard of integrity, operation and appearance. Titled PowerChannel owners may, at their election, join the Association and participate in its activities. All eDoorways PowerChannels are subject to the rules and regulations of the Association. eDoorways will serve as an active member of the Association and retains the right to govern and oversee its Board membership.
V. Chamber of Commerce
The GPS Chamber of Commerce was created to promote eDoorways PowerChannels and their interests in the Global Public Square as well as the Internet domain. Titled PowerChannel owners may join the Chamber of Commerce at their election. Should they do so they will subject their PowerChannels to various promotional and collaborative benefits. There is a fee of $10 per month for Chamber of Commerce membership.
Third party entities may also join the Chamber at their prerogative.
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Here is a quick status update:
Virtually all beta test input has been incorporated into the design of eDoorways 2.0. In addition we have established PayPal merchant service functionality on the 2.0 platform to serve as an interim solution for sales transaction processing until we establish “aggregation”, or ISPS, transaction processing. Our interim merchant service transaction processing capability now in place, we are adding the voucher system to the platform as one of the final steps. In addition we are adding the PowerChannel nomenclature and brand taxonomies. These are all short-term activities that will be completed quickly.
While Paddington Media is wrapping up its development of the eDoorways 2.0 software platform we are working to complete user documentation. A big part of this involves the specification and description of the Global Public Square community including its rules and regulations. These activities are part of a day-to-day process that will be completed when we determine that the final pieces are in place and working correctly.
Our beta testers have commented that the new website appears to be fully functional. They are excited and ready to go. However we want to make sure that there are no major issues when we launch. We appreciate everyone’s patience as we complete our checklist.
Regarding our financial audit, the most time consuming portion of the process has now been completed. Our accountant, Fred Vogt, has completed the process of assembling the financials and getting everything ready for the auditor to review. The process now shifts to the auditor, who will selectively review the financials before certifying their accuracy. The audit process should not be as time consuming as what we have already been through.
We will continue to keep you advised over the next few days as we proceed to launch.
Here is the latest on the launch of eDoorways 2.0:
I. Development of eDoorways 2.0 Platform
A. Software. We are completing implementation of the voucher system. We are also completing the following:
1. Proof of Ownership. This is the software that tracks the ownership of PowerChannels, issues a deed, and monitors ongoing status.
2. PowerChannel Name Tracking and Availability. Initially only certain names will be available for issuance based on the three-tiered PowerChannel system we are implementing. The mechanism for tracking available names on our taxonomy and comparing entries against existing brand names is being installed.
3. User Terms and Conditions. The “rules and regulations” for using our website must be available and are being placed on the landing page.
4. eDoorways’ Referral Fee. When a sales transaction occurs, eDoorways will receive a 1% referral fee or commission. We are adding the software that will allow us to collect our fee via the interim PayPal system we have established.
5. Merchant Services. We have implemented PayPal as an interim payment service. In addition, we are continuing to work with Veritrans and US Merchant Services to gain approval for ISPS, or “aggregation” processing. We anticipate that approval will ultimately be obtained. When we receive notice of approval we will add the software necessary to facilitate the sales transaction processing.
6. Enhancements. We are continuing to complete unfinished items and make enhancements that are brought to our attention on a daily basis.
The time required to complete each of these items ranges from an hour or two to a day.
II. Building a Following for the 2.0 Website (Marketing)
eDoorways is refining our strategy for creating interest in our website. We want to hit the ground running at the time of our launch. Our rollout of the website will be on two fronts – domestic and foreign.
A. Latin America. We will be working with ISTEC to promote the new site to all of its members. Our plan is to use bilingual college interns (marketing, communications and business majors) to assist ISTEC with the process of getting the word out.
B. IFEES and SPEED. We are working with Dr. Jordan to implement competitions and promotional events for the engineers and engineering students who are members of these international organizations. The goal will be to have them start using our platform and write API’s to enhance our platform’s capabilities.
C. Domestic. We are working on promotional strategies aimed at reaching two demographics: entrepreneurs who are starting new businesses and students at community colleges and universities. Our objective is to have at least one of the domestic promotions in place before we launch.
We will continue to keep you advised as we move toward the launch.
A major aspect of the eDoorways 2.0 platform is user documentation. It is very important for eDoorways users to have immediate access to the information they need to navigate the website, create their own PowerChannels, search for information and resources, collaborate effectively with others and engage in commerce.
Developing appropriate user documentation for eDoorways 2.0 is a challenge because of the breadth and diversity of the service offering. We are working carefully to assure that we cover all of the things that will be important to our users.
The document below is a draft of information for first-time visitors of the website. It is targeted to cover the basic design and functionality of eDoorways 2.0 and to set a context for the Global Public Square and its PowerChannel storefronts and community. Those new to the website will be able to access “Welcome to eDoorways 2.0″ by clicking a link on the landing page.
We want to share it with you for two reasons. First, it provides information that explains what we are doing. In addition, we are interested in your comments and suggestions. We have already received a number of great ideas from you that we are going to implement. Thanks to those of you who sent us your ideas!
We encourage you to email your input to Jeffrey@HeritageCorporateServices.com.
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Welcome to eDoorways 2.0
Description
If you are an aspiring entrepreneur with empty pockets, an educational facility seeking to empower your students, or a genius inventor ready to change the world, eDoorways 2.0 could be for you! With eDoorways 2.0 you can: create a brand new storefront, target market your customers, track the results, sell your products/services and collect a fee; create and offer new, exciting ways for students to interact, create, and learn; establish global connections with others and engage them in commerce or resource sharing; and create your own interactive video streaming broadcast capability (coming soon.) You can do all of these things and more in a matter of moments, usually at no cost. And when the time’s right, you can sell that successful new business or product – hopefully for a tidy profit!
eDoorways 2.0 is a new community for your business that combines the key aspects of the Internet – search, social networking and collaboration, marketing and e-commerce in a single, easy-to-use venue. In just a few moments you can create a business service offering, buy or sell something, or connect directly with people who can offer help or resources. With eDoorways 2.0 you can build or create something of lasting value and make it available to the world through the services you offer.
Doorways 2.0 gives you a simpler, more effective way to use the Internet, helping you to bring focus to what you do and placing you in touch with the exact resources you need. Our users are real people connecting directly with the intent to get things done. At eDoorways you will locate the person who shares a common objective or wishes to buy your goods or service. You can quickly convene a team of helpers for your pet project, drawing from people you may never have met. You will find hard-to-locate items when today’s search engines fall short. Or you can take that course you’ve always wanted to learn (coming soon).
eDoorways does all of these things and much more. We’ve leveled the playing field for you so that you can experience the true power of the Internet without spending big money or being a large company. Our PowerKeys and PowerChannels help you reach out and engage others, bringing the people you need to do business. We give you important tools to find and attract customers, close the sale and manage your business effectively. eDoorways brings you the technology to do targeted marketing, conduct sales promotions and hold remote meetings with others. And soon you will be able to broadcast like the pro’s using your personal PowerChannel as a global communications medium.
eDoorways is the comprehensive solution that can help empower your future!
New Tools
eDoorways 2.0 seamlessly combines search, social collaboration and e-commerce in a single, simple to use environment. Key components are:
PowerKeys. Like Google Ad Words, but more powerful. They allow you to connect immediately with people and resources in a highly targeted way.
PowerChannels. Venues created by eDoorways users that can serve as businesses, blog sites, broadcast venues, or anything one might desire to create.
FlashChannels. Like PowerChannels, but tailored for quick use and disposal (coming soon).
Broadcasting. eDoorways users may create their own broadcast studios (coming soon).
Enhanced Chat. After users have connected with PowerKeys, they can chat directly with those sharing the same topical interest; the number of potential chat venues is unlimited.
SEO / Marketing. Users can personally manage SEO (Search Engine Optimization), and they can generate sales and marketing vouchers as well as track results.
Taken together, these features level the playing field for small and mid-sized businesses, giving them personal control over their sales and marketing and allowing them to reach laterally to global clients and resources. eDoorways 2.0 allows the aspiring entrepreneur to establish a business storefront, set up shop and begin operating in minutes at absolutely no initial cost.
New Features
eDoorways has a new look and feel with:
1. Simplified landing page.
2. Users can create an unlimited number of pages within a PowerChannel.
3. New chat functionality that follows you to any page in the system.
4. New PowerKey search. You can directly connect with other people who share a PowerKey.
5. PowerKeys can now be associated with a person or a PowerChannel.
PowerChannels
1. Users can create PowerChannels.
a. There is a pre-set template for users to select from when creating a PowerChannel. We are adding templates on a regular basis.
b. There are three categories of PowerChannels: “Standard”, “Blog”, and “e-Commerce”. The PowerChannel category determines what your PowerChannel home page will be. The “Standard” PowerChannel has an html-type home page; the “Blog” PowerChannel has a blog page as the home page; and the “e-Commerce” PowerChannel has a storefront/catalog as the home page.
c. Each PowerChannel has a free blog page. All you have to do to activate your blog page is to publish your first blog post.
d. Each PowerChannel has an e-commerce page with the ability to load items into your own catalog or store. The shopping cart and method of payment are set up automatically.
e. PowerChannel operators have the option to add the daily voucher functionality to their PowerChannel.
f. A PowerChannel or select pages within a PowerChannel can be set to “private”.
g. You can control who is able to participate in collaboration on your PowerChannel and who can see it.
eCommerce
1. eDoorways has added e-commerce functionality to our site; it is available to all PowerChannel owners.
⁃ We now offer full shopping cart and product catalog functionality.
⁃ Payments are processed by PayPal.
⁃ eDoorways gives you an accounting of all your transactions.
Daily Voucher Functionality
1. Each PowerChannel owner can offer GroupOn-like deals to eDoorways users.
2. Owners can administer, schedule and monitor their deals.
Social Networking and Marketing
You can:
1. Publish your own QR code for marketing use.
2. Connect to your Facebook or Twitter account.
3. “Share” on over 340 social networking sites.
Additional Functionality
1. Users can now search for PowerChannels.
2. There is a new and improved Channel Guide.
3. Users can access the platform and view PowerChannels without being logged in.
4. Users still must log in to participate in chats or to create and update PowerChannels.
Getting Started
Anyone can be part of the eDoorways 2.0 community – the Global Public Square (GPS). Guests can tour the eDoorways 2.0 website, visit the PowerChannels that have established storefronts in the GPS, and go shopping in their stores without registering. People who wish to start a business, create a broadcast venue or create a blog must first register. The registration process for creating an account is simple and straightforward – it only takes a minute or two. To create a PowerChannel, simply go to the “Home” page. Enter the tab “My Channels”. Click on “Create New Channel” and it will take you to the “Setup” page. For the next steps, go to “Creating a GPS PowerChannel” below.
Global Public Square (GPS)
The Global Public Square is the community created and supported by eDoorways. Unlike the community you may live in, it is a virtual community of people, businesses, groups and associations that live, work and interact to achieve their goals and interests. People of all backgrounds, perspectives and interests walk its streets, sell their wares and visit its storefronts. All are linked by a common desire to create and achieve.
The Global Public Square provides a convenient and powerful venue to anyone interested in improving his or her lives. All people, irrespective of their current status or resources may avail themselves of its capabilities. As such, the Global Public Square “levels the playing field”, giving all participants the opportunity to excel and prosper.
Just like the public square of your hometown, the Global Public Square has:
Storefronts. The storefronts of the Global Public Square are comprised of PowerChannels owned and operated by people from many countries.
Speaker’s Corner. Many elect to create PowerChannel blogs where they may convey their knowledge and perspective. This is their corner, much like the Speaker’s Corner in London.
Market. The Market of the Global Public Square is where people may sell their PowerChannels, or the software (API’s) they have built to add value to eDoorways, or other goods and services.
Creating a GPS PowerChannel
A PowerChannel is a place we have set aside for you that you can use to create your new business, establish a private venue for collaborating with others, sell items to others, and write the blog you’ve been contemplating. Or you can use PowerChannels for just about anything else you can imagine – they are really that versatile!
PowerChannels serve as platforms or environments that support the lifestyle needs and interests of eDoorways users. In many ways analogous to a website, a PowerChannel may be established to serve a singular concept or purpose (eg, a blog or landing page) or with a goal of supporting multiple functions that may include buying and selling goods and services (e-commerce), identifying information and resources (search), and establishing communication among cooperating entities (chat). A PowerChannel has the advantage of being highly flexible while seamlessly integrating key lifestyle and business functions. PowerChannels may also be configured to support interactive video streamcasting.
You can build your first PowerChannel in minutes. Simply follow these steps:
1. After you have created an account, click on the “Home” page in the top left corner. Enter the tab “My Channels”: you’ll then see “Create New Channel”; click on the text.
2. You should now be on the setup page for your channel. Enter the information for your channel including the type of channel you are creating, its name, along with a short description and long description.
3. If you are unsure of which channel type to choose consider the following. The type of channel you select determines what the “Home” page of your channel will be:
a. Standard: This channel type is ideal for most users and businesses. The “Standard” channel type provides all features including blogs, e-commerce and personal applications. The “Home” page for your channel will be an html based page that you can make look any way you want.
b. Blog: This channel type is ideal for users who want their blog to be their “Home” page. The channel owner will still have the ability to add eCommerce and other custom pages.
c. eCommerce: This channel type is ideal for users planning to sell items and merchandise online and want their eCommerce store to be their “Home” page.
4. Once you have entered the correct information, click “Create Channel.”
5. Next, choose a design for your channel from the templates. Use the drop-down box to view options and change colors. Once you have chosen a template click “Finish Channel.”
6. Welcome to your new PowerChannel! Now you can begin to customize your channel to suit your needs.
7. To manage your page, go to the eDoorways home page and find your PowerChannel listed. Choose “Manage this Channel” to begin customizing your channel.
Congratulations! You are the Owner of GPS Real Estate!
eDoorways believes that our users should receive all the benefits associated with their hard work. The most important benefit we can think of is for you to be able to profit from your effort. In short, we are betting on you! You are the “pro” at what you do. It’s our business to bring you all of the tools that you are going to need to be successful.
Getting the Most from Your GPS PowerChannel
Here’s how you can assure that the PowerChannel you create is a success:
1. Don’t wait to get started! No PowerChannel is perfect. All PowerChannel owners will tell you that they are constantly making improvements.
2. Reach out to others. Use PowerKeys and Chat to get important ideas from those who have preceded you!
3. PowerChannels are dynamic, living entities. Those of you with previous business experience know that conditions are ever-changing. The effectiveness and reach of your PowerChannel are factors that you must continually monitor and seek to perfect. SEO (search engine optimization) is a key example. Optimizing your site’s accessibility and reach is an ongoing process.
Global Chamber of Commerce
The GPS Chamber of Commerce was created to promote eDoorways PowerChannels and their interests in the Global Public Square as well as the Internet domain. Titled PowerChannel owners and other interested parties may join the Chamber of Commerce at their election. Should they do so they will subject their PowerChannels to various promotional and collaborative benefits. There is a fee of $10 per month for Chamber of Commerce membership.
The Chamber of Commerce is tasked with the responsibility of promoting the general interests and priorities of the Global Public Square, both within the context of the eDoorways environment and elsewhere. When you join the Chamber your PowerChannel will benefit from your membership. The Chamber sponsors numerous promotions and events that bring attention to its members. In addition, the Chamber is a source of key GPS market information that can be valuable as you plan your business activities.
PowerChannel Association
eDoorways has created the GPS PowerChannel Owner’s Association to address the specific needs, interests and priorities of PowerChannel owners. A key function of the Association is to create and administer PowerChannel rules and regulations. The PowerChannel Owner’s Association operates in a manner analogous to most homeowner’s associations to assure that all PowerChannels adhere to minimum standards of integrity, operation and appearance. Titled PowerChannel owners may at their election, join the Association and participate in its activities. All eDoorways PowerChannels are subject to the rules and regulations of the Association.
As a PowerChannel owner and Association member you elected to comply with Association standards when you agreed to the Terms and Conditions of ownership. eDoorways recommends that you take an active role in Association activities to assure that it acknowledges your interests and priorities.
Building a GPS Community (coming soon)
A “community” of the Global Public Square is a group of PowerChannels and their owners that have elected to band together in some form of association that transcends their own PowerChannel and its brand. An example might be a group of wineries in various locations around the world that see a benefit in establishing a community that links them in some specific way. The community they establish might be formal, with its own brand and identity that the community promotes, or it can be informal with objectives that are less defined. Communities can be public or private.
As a PowerChannel owner you have the opportunity to engage other owners sharing your interests and objectives to create a community.
Cashing In – Selling Your GPS PowerChannel.
We believe that your PowerChannel is a valuable asset that will increase its value over time. As its owner, you have the right to build your brand and ultimately, starting 12 months after you create your PowerChannel, sell it to an interested party. eDoorways serves as your nonexclusive agent in the process, granting you a legal Deed of Ownership and at your election, listing your property in the Global Public Square Market.
eDoorways has decided to implement PayPal as a short-term solution to the issue of facilitating e-commerce transactions on the forthcoming eDoorways 2.0 platform. Meanwhile we are actively engaged in dialogue and planning sessions with a number of companies that can help place us in the unique position of becoming an IPSP service provider, or “aggregator.” The companies are: Optimum Payment Solutions, Veritrans, US Merchant Services, and Payment Systems Worldwide. All are interested in assisting us toward our goal.
It is not a common objective and it is one they unanimously regard to be difficult to achieve due to the anticipated size and scope of our business plan. However, all of the parties believe that we can and will reach our goal during the ensuing days and weeks. Until then we will process all e-commerce transactions using PayPal.
eDoorways was required to submit our Merchant Services Plan for their review and approval. We thought you might be interested in seeing the approach we plan to take. The plan was written based on questions we received from the merchant services companies.
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eDoorways 2.0 – Merchant Services Plan
What products or services will be sold?
eDoorways will initially focus on product and service providers who sell “practicals,” commodity or everyday items.
From whom?
Like eBay and Amazon, it will be whoever signs up to be a vendor. Current business activities have created opportunities for eDoorways in the education marketplace. Transactions specific to this vertical relate to distance education service offerings, online collaborative learning experiences and other learning transactions. Recent activity on our beta site suggests that there will also be strong demand from small startup businesses eager to leverage our platform to sell their goods and services.
Average cost of the products or services?
We are using an average transaction of $25.00 for our pro forma calculations.
Highest tickets, or what pricing would be the highest normally for the product or service being sold?
We are assuming a maximum transaction amount of $250.00. Higher transactions will require approval.
Shipping details of the products or delivery method of services?
We will follow the Amazon model. We will give sellers a “shipping credit” based on an item’s category. This will not always cover the full shipping amount, but usually will. The amount will be fixed by eDoorways. The seller will not be able to ask for more from the customer, and even if the shipping credit does not cover the seller’s shipping costs, the seller must ship the item. Since the shipping credit will be fixed, it can be figured in while we are setting up the seller’s price.
Customer service, how will that be handled, and by whom? in house?
We will follow the Amazon model. eDoorways will have a feedback system allowing buyers and sellers to record their impression of a transaction. Buyers will be able to leave negative comments for sellers. Sellers will be able to leave only positive comments for buyers. eDoorways buyers will see the seller’s feedback score. Like Amazon, eDoorways will have an “A-z Guarantee” to make buyers feel more protected when purchasing an item. eDoorways will not “disadvantage” sellers the way eBay does by moving them down in the results when shoppers perform a search. eBay does this by considering the seller’s feedback score and making them less visible to shoppers, rather than letting buyers make the choice themselves.
Initially eDoorways will outsource customer services to a third party entity.
Dispute or refund resolution?
We will follow the Amazon model. Amazon has a return policy called the A-z Guarantee. The guarantee allows the buyer to receive full refund if the item is “materially different” from that described, for up to 90 days.
Same with South American or foreign transactions or clients providing services?
Foreign transactions will be managed in the same manner. Domestic service providers who do work for eDoorways users will have their funds placed in escrow until their client receives the service and has approved it.
Format?
We will follow the Amazon model of “fixed price.” Most businesses sell “‘practicals,”‘ commodity or everyday items. The market value is easy to determine for these items and buyers prefer an immediate purchase. Auctions are the best way to get market value for collectibles. eBay is better if you are selling unique items and want the best prices. While Amazon is the fixed-price king, eBay is moving in that direction by downplaying auctions and encouraging fixed-price listings. The advantage is in the buyers. The Amazon buyer is more affluent, and pays a higher average price for products.
Fees?
We will follow our own model. The cost of selling is just about the same for Amazon and eBay. On eBay you pay to list every item regardless of success. You have to consider unsold items, time spent relisting items, and time spent dealing with unpaid items on eBay as a cost. Amazon has no upfront fees, but a higher commission. eDoorways will charge a flat commission of 1% regardless of the amount of the transaction.
Taxes?
We will follow the eBay model. eBay provides a mechanism to collect the taxes in addition to the sale price. This way the taxes do not eat into the seller’s profits.
Payment Method?
We will follow the Amazon model. Amazon sellers must use Amazon Payments to accept payment. That’s it. Amazon collects the payment, and deposits it into the seller’s bank account twice per month (more often if the seller chooses). They collect and deposit the funds with no fees added. eDoorways will charge a “handling fee” of 1%.
Amazon sellers do not have to send invoices, payment reminders or track unpaid items. If Amazon cannot collect the payment, the seller does not have a sale.
Branding?
We will follow our own business model. Amazon restricts sellers from reaching out to buyers and marketing to them. Traditionally, this has been an advantage to eBay since eBay allowed sellers to link to a site off eBay from the seller’s About Me page.
Recent changes at eBay have virtually eliminated the ability to use eBay as a lead generating tool for off-eBay business. eBay has all but forbidden any outside links from any eBay pages including custom store pages, and About Me pages. This has effectively neutralized eBay as a “‘branding”‘ tool.
eDoorways will allow sellers to use its platform as a lead generation device for off-platform business as part of the company’s business empowerment philosophy. We believe that any business generated in this manner will ultimately revert back to the eDoorways platform due to its stability, ease-of-use, security, and business-friendly policies.
Community?
eDoorways will follow the eBay model. eBay sellers are very involved with eBay buyers. The transactions are very interactive. Amazon buyers and sellers rarely interact. The Amazon buyer tends to expect high customer service and they don’t expect to have to ask if an item has shipped. Because of the higher interaction with customers, eBay sellers have to spend more time per transaction. Amazon transactions take less time.
eDoorways is designed to be a highly interactive platform that fosters targeted, “gold nugget” sales connections. Buyers and sellers are essentially pre-qualified before they directly engage through their use of eDoorways PowerKeys.
________
If you’ve put a lot of effort into your test channel (as I know some of you have) and you would like to move it into the production version when we launch, please contact me by Sunday Sept. 11th. This is something we’d like to do as a Thank You for all your hard work. To make sure we have a fair playing field for all users at launch, we won’t move more than one channel per tester. acollins@edoorwaysintl.com.
AUSTIN, Texas, Sept. 15, 2011 (GLOBE NEWSWIRE) — eDoorways International Corporation (Pink Sheets:EDWY) announced today that the Company will be releasing the new eDoorways 2.0 platform on Thursday, September 22 at 9:00 AM EDT. “The wait is over,” stated Gary Kimmons, CEO of eDoorways International Corporation. “We have spent many months perfecting our platform and making sure our site was unlike anything currently on the internet… and we’ve finally come to completion.”
The new eDoorways 2.0 provides users cutting-edge tools to help make buying and selling, collaborating with others, and searching for information a simpler process. “We’ve taken the best that the internet has to offer and made it more personalized and readily available to individuals across the world,” Kimmons continued. The new eDoorways website offers individuals and companies a place and the tools to create their own web-based social commerce business in a matter of minutes by helping them establish their unique website on eDoorways, and providing individuals with a way to monetize their operation.
The new eDoorways 2.0 platform will be available for use by the global population beginning 9:00 AM EDT on Thursday September 22, 2011 by visiting www.eDoorways.com. “We encourage all individuals to sign up as soon as possible to secure the best named PowerChannels. We will be providing a ‘placement deed’ for all PowerChannel owners acknowledging their ownership and right to sell/transfer their PowerChannel,” concluded Kimmons.
For more information on eDoorways International Corporation and/or the “eDoorways,” please e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
AUSTIN, Texas–(GlobeNewswire) — eDoorways International Corporation (Pink Sheets: EDWY) announced today that after months of anticipation and strenuous work, the Company has released eDoorways 2.0. “We have invested a lot of time, money, and manpower into this project and are very satisfied with the new platform,” stated Gary Kimmons, CEO of eDoorways International Corporation. “With eDoorways 2.0, we are now introducing a next generation internet platform to users all across the world.” From launching your own revenue generating business in minutes to interacting with colleagues, associates, and professionals anywhere in the world, eDoorways offers a simpler, easier way to experience the internet without the need for specialized knowledge.
“The capabilities of eDoorways 2.0 are far superior to any project that we’ve been a part of,” stated Brandon Burris, CTO of Paddington Media. “When the management team of eDoorways approached us about this project several months ago, we knew this 2.0 platform would become a leading technology that grows as rapidly as some of the largest Ecommerce service providers. We immediately joined the team,” concluded Burris.
Features of the new platform include the ability to create your own online presence, a personalized storefront in minutes, target customers, track live results, and sell one’s products/services while collecting a fee. eDoorways free service enables individuals to establish global connections with others and engage them in commerce or resource sharing. Unlike other service offerings that are alienating their customers by creating difficult, highly-complicated websites that only sophisticated users can comprehend, eDoorways has created a user-friendly, straightforward platform aimed at reaching the average person and business owner.
“We know that people feel intimidated and threatened by the recent actions of social networks. We’re here to help.” concluded Kimmons.
For more information on eDoorways International Corporation and/or the “eDoorways,” please e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways) and Facebook (http://www.facebook.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
Important Notice: Previous posters on eDoorways 1.0 will find that your registration information has not been placed on the new website. We apologize for this inconvenience. If you wish, you may re-register on the new site. Alternatively, we will move your information to the site shortly.
Since our launch yesterday morning, we have had a large number of people who have elected to become PowerChannel owners. Congratulations and Thank You!
There is a very important issue that has arisen. Several PowerChannel owners have created their sites using names that are in clear violation of federal and international copyright and trademark laws. As part of the User Agreement that we (and you) are party to, it’s our duty and responsibility to inform those of you who may be in violation.
We review every new PowerChannel name for possible trademark infringement after the PowerChannel has been created. In those cases where there is possible infringement of federal trademark law you will be asked to demonstrate proof of ownership of the trademark in question.
For those of you who may not be aware, you are in violation of federal trademark law if you use a registered mark either in stand alone fashion, or by embedding it in other words or phrases. Thus, “Wells Fargo Channel” is in clear violation of the law. However. “Jame’s Wells Fargo Express” is also a violation and is therefore not a valid candidate for a PowerChannel name.
We urge each of you to review the PowerChannels you have created to assure that you are in compliance. In instances where a name is in violation, please delete the PowerChannel immediately.
AUSTIN, Texas–(GlobeNewswire) — eDoorways International Corporation (Pink Sheets: EDWY) announced today that the new eDoorways 2.0 has grown significantly from its launch only one week ago. Analytic reports show that thousands of individuals from across the world have visited the site, stayed on for a considerable amount of time, and created PowerChannels to sell products and interact with people everywhere. “The results have far surpassed what we expected in the first week,” stated Gary Kimmons, CEO of eDoorways International Corporation. “While we were expecting slow and sustained growth, it seems as if word of mouth has helped in attracting new visitors daily, and a lot of them.”
According to the Company, there have been over 1,000 unique PowerChannels built with subjects ranging from jobs, to vacations, to recipes, and everything in-between. “We have received a slew of emails and phone calls regarding our 2.0 platform, most of which were congratulating us on a job well done,” continued Kimmons. “The eCommerce capabilities of our site make us like no other platform on the internet, allowing one to purchase from a variety of sellers, while making one payment, all while collaborating with other users across the world.” The Company has already had to increase server capacity for the inlay of users and expects continued growth until eDoorways 2.0 becomes a household name.
“We’re very grateful for all those who have joined and continue to provide feedback which helps improve our platform on a daily basis,” concluded Kimmons. Please visit www.eDoorways.com to experience the next generation of personalized internet.
For more information on eDoorways International Corporation and/or the “eDoorways,” please e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
AUSTIN, Texas–(GlobeNewswire) — eDoorways International Corporation (Pink Sheets: EDWY) announced today that the Company is launching their first ever PowerChannel Innovation Award, allowing individuals the opportunity to start businesses and win money. “In an effort to increase our rapidly growing platform, we are giving awards to individuals who create the most innovative PowerChannel, adding to the 1000+ Channels which are already emerging,” stated Gary Kimmons, CEO of eDoorways International Corporation.”We’ve had some interesting and very diverse PowerChannels built already, ranging from sports organizations to professional occupations; but we’re looking for innovation in the form of bettering one’s life and society.” Whether it’s a small business that can be built in minutes utilizing the eDoorways platform or an educational collaboration with professionals worldwide, all applicants have a chance of winning.
This inaugural competition will kick off Monday October 10th at 9:00 am EST and will conclude on November 10th 11:50 PM EST. The competition will be split into two groups, Individuals aged 18 and over, and a youth category for young adults aged 14-17. “One Grand Prize of $5,000 in the Adult Division will be awarded and one Grand Prize of $2,500 in the Youth Division will be awarded,” concluded Kimmons.
For more information on eDoorways International Corporation and/or the “eDoorways,” please e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
AUSTIN, Texas–(GlobeNewswire) — eDoorways International Corporation (Pink Sheets: EDWY) announced today that the Company has launched its first Innovation Competition as of 9:00 am EST this morning. “We have been contacted by a number of institutions who are enthusiastically becoming involved with our event,” stated Gary Kimmons, CEO of eDoorways. “In a time of a slowing economy and a stagnant job market, we are enabling individuals to build their own businesses in minutes, while potentially winning money for their innovation. People are excited…”
Innovation will be judged by a number of factors including potential impact on society, individuals and businesses. “We’ve had some outstanding concepts submitted since this morning and we’re excited to judge all applications throughout the next month,” continued Kimmons. The Competition is scheduled to run for exactly 1 month and conclude on November 10th at 11:50 PM EST. The competition has been split into two groups, adults 18 and over, and a youth category for individuals aged 14-17. One Grand Prize of $5,000 in the Adult Division will be awarded and one Grand Prize of $2,500 in the Youth Division will be awarded.
AUSTIN, Texas–(GlobeNewswire) — eDoorways International Corporation (Pink Sheets: EDWY) announced today that the Company has successfully completed a 1,000-1 reverse split in an effort to increase long-term shareholder value and secure major funding opportunities. “I’d like to start by thanking all of our long-term shareholders for sticking by eDoorways as we complete our reverse split and add significant opportunities for the Company and our shareholders,” stated Gary Kimmons, CEO of eDoorways International Corporation. “While reverse splits are generally ill-perceived by the community, our shareholders have shown a great deal of support as they know this action was taken to increase our access to the capital markets as well as move forward with our audit and up listing.”
The Company enacted the reverse split which became effective today, October 27th, 2011. Management indicates that since completing the necessary documentation, a number of prominent funders have stepped forward to offer their assistance in making sure the Company experiences long-term sustainable growth through this transitional period. “Now that our stock is trading at an appropriate level, we have many doors which have opened up to us and our shareholders,” Kimmons continued. “Not only can our stock now be traded across the majority of brokerage platforms, we’re much more poised in this position to up list to a greater exchange in a shorter period of time and become a fully reporting and transparent company in half the time we originally expected.”
Insiders of the Company have indicated this new position has already offered such opportunities as potential celebrity and political endorsements, dilution-free fundraising, and an extensive marketing campaign aimed at increasing the rapidly growing eDoorways platform. “We urge all our Shareholders to contact us at anytime, kicking off our ‘total transparency’ campaign and continue checking out the eDoorways 2.0 platform for additional features and contests which are continuously being implemented,” concluded Kimmons.
For more information on eDoorways International Corporation and/or the “eDoorways 2.0 platform,” please visit our website at www.eDoorways.com or e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
Source: eDoorways International Corporation
Date: November 01, 2011 08:47 ET
AUSTIN, Texas, Nov. 1, 2011 (GLOBE NEWSWIRE) — eDoorways International Corporation (Pink Sheets:EDWYD) announced today that a new audio interview with Gary Kimmons, CEO of eDoorways International Corporation, is now available on ChartPoppers.com/iReports. In the interview, Mr. Kimmons discusses the foundation of eDoorways, the emerging 2.0 platform, the ongoing innovation competition, eDoorways’ Global Public Square and the Company’s outlook for 2012.
“This is our second interview with ChartPoppers and we’re quite pleased with the size of their listener database and the global outreach of their interviews,” stated Gary Kimmons. “As indicated by our interview, we have some very exciting things happening here at eDoorways and we’re enthusiastic to provide our shareholders with a series of announcements in-line with our new total transparency operations.”
To listen to the entire interview visit: http://ChartPoppers.com/iReports
For more information on eDoorways International Corporation and/or the “eDoorways 2.0 platform,” please visit our website at www.eDoorways.com or e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
ChartPoppers.com is a small-cap research and investment commentary provider. ChartPoppers.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on ChartPoppers, please visit http://ChartPoppers.com/ireports
ChartPoppers.com Disclosure
ChartPoppers.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. ChartPoppers.com is a Web site wholly owned by Seo Freisin, Inc. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, ChartPoppers.com, for complete risks and disclosures.
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
CONTACT: Heritage Corporate Services, Inc.
Jeffrey Staller, President
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
AUSTIN, Texas– eDoorways International Corporation (Pink Sheets: EDWYD) has established a relationship with a leading international bank in a key strategic move aimed at expanding its service offering to include discounted credit card services, loans and fund transfers. The new banking relationship will allow eDoorways to provide major-brand credit card services to its PowerChannel merchants at discounted wholesale prices.
The move is expected to spur strong demand from business startups that closely watch their bottom line and are open to new ways to trim expenses. Disclosure of the major bank and an intermediary service provider along with the launch date of the service will occur within the next 30 days.
eDoorways’ move to include financial services as part of its service offering is logical considering the emerging market for individuals and small businesses having difficulty securing affordable capital and resources from large banks. The Company sees an opportunity for an online service providing high-quality financial services leveraging the strength of its newly-established eDoorways 2.0 web platform. Because the platform is built using peer-to-peer interpersonal collaboration and commerce it can readily support eDoorways’ plan to expand its services into the financial arena. The platform employs the power of social collaboration, targeted personal search, ecommerce and targeted marketing in a seamless, easy-to-use environment with no fee for basic services.
The company has already seen approximately 1,000 business storefronts created as PowerChannels on its site during the first 6 weeks of operation. This points to an attractive market for an offering that incorporates key financial services such as credit card processing in a social-network, integrated services business environment. Merchants having created business storefronts using the new services will benefit in terms of lower costs for completing business transactions and increased convenience.
For more information on eDoorways International Corporation and/or the “eDoorways 2.0 platform,” please visit our website at www.eDoorways.com or e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe
harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
AUSTIN, Texas, Nov 9, 2011 (GlobeNewswire) — eDoorways International Corporation (Pink Sheets: EDWY) announced today that the Company has signed an agreement with NYC-based financial services company Optimum Payment Solutions, Inc. (OPS). OPS will be providing domestic and international e-payment solutions for all eDoorways PowerChannel users. “After an extensive search for a credit/debit card provider for our eDoorways users, we were introduced to Optimum Payment Solutions, d/b/a Elite Merchant Solutions; a registered ISO/MSP of Chase Paymentech Solutions, LLC and Wells Fargo Bank, N.A. “Upon hearing the details of their e-Merchant Advantage Program, we knew instantly that we had found the perfect match to interact with our 2.0 platform,” stated Gary Kimmons, CEO of eDoorways International Corporation. The program provides a complete e-merchant solution to our PowerChannel users and at the lowest processing rates available (Interchange). With large banking institutions such as Chase Paymentech and Wells Fargo providing services to our PowerChannel users, we acknowledge we are in the best hands in the industry.”
“When eDoorways’ management approached us about their payment processing needs, we also knew this was a perfect match,” stated D. Shakira Stewart, President of Optimum Payment Solutions. “Our product line is tailor-made for their business model. In addition to the e-Merchant Advantage Program which includes credit/debit card processing for Visa, MasterCard, Discover and American Express payments, eDoorways users will also have access to our e-Global Payment solution; allowing them to transact sales and send/receive payments internationally…easier, safer, faster and less costly than by traditional means.”
According to Company insiders, the e-Merchant Advantage Program is being integrated into the eDoorways system over the next few days. New and existing eDoorways 2.0 users will be able to discover the benefits of the program and apply online via a link on their PowerChannel. “We have also posted all fees associated with the program to continue our total-transparency operations,” concluded Gary Kimmons.
For more information on eDoorways International Corporation and/or the “eDoorways 2.0 platform,” please visit our website at www.eDoorways.com or e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
AUSTIN, Texas–(GlobeNewswire) — eDoorways International Corporation (Pink Sheets: EDWYD) announced today that Scott Kurttila, former business development manager at Amazon.com will join the Company as a consultant in early 2012 for the new eDoorways 2.0 global merchant services system currently being implemented onto the site. “We’re very excited to have someone of Scott’s caliber work with us as we continue to expand our platform internationally,” stated Gary Kimmons, CEO of eDoorways International Corporation. “Scott was a member of the exceptional team that grew what was to become Amazon.com’s largest customer acquisition channel – the Affiliate Program. Scott will bring his proven knowledge and expertise to eDoorways, assisting us with the rollout of the Merchant Services component of the eDoorways 2.0 platform. Scott will work closely with our management team as we expand our international presence and slowly introduce eDoorways Global Public Square.”
“eDoorways 2.0 platform is a compelling collaborative tool and small-business resource” stated Kurttila. “eDoorways PowerChannels give everyday people the opportunity to start a business in minutes with very little technical experience. from a teenager selling sports autographs and memorabilia, to an entrepreneur selling products globally.
For more information on eDoorways International Corporation and/or the “eDoorways 2.0 platform,” please visit our website at www.eDoorways.com or e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
AUSTIN, Texas— (GlobeNewswire) — HYPERLINK “http://www.eDoorways.com” eDoorways International Corporation (Pink Sheets: EDWY) announced today that the global religious organization, HYPERLINK “http://www.gracebusinessforum.org/” Grace Business Forum International, is the newest eDoorways platform member, building religious business-based PowerChannels for their global network of followers. “We’re thrilled to have such a powerful organization utilizing our 2.0 platform to spread their message of good,” stated Gary Kimmons, CEO of eDoorways International Corporation. “Dr. Emmanuel Ziga and his group at Grace Business Forum International are truly inspirational individuals who have spent the last couple of years assisting small, medium and top level businesses with growth; exactly what we’re doing here at eDoorways.”
The message of Grace Business Forum International stands to encourage the:
1. Political
2. Economic
3. Religious spectrums of the society with balanced biblical values.
“The new eDoorways platform allows us to accomplish these tasks effectively and efficiently on a strategic global basis,” stated Dr. Emmanuel Ziga, President of Grace Business Forum International. “There is an incredible demand and pressure for our generation to take full control of universal socio-economic controversies of this century. A colossal quest it is indeed, which requires the right kind of mindset and approach,” continued Dr. Ziga. “The global economic culture needs a radical change. We’re confident that with our international network of marketplace leaders, elected officials, CEO’s, and judges, we can promote positive change by motivating entrepreneurs and businesses to help them succeed.”
“The framework with which the world economies were built in the past century are collapsing to the pressures of the times and seasons. We need a new dimension of wisdom to prevail. With the right principles, values and vision we help to stimulate growth for aspiring entrepreneurs, small, medium and top level businesses and leaders of the next generation. It is vitally important, not only to build a future for our younger ones but also to prepare them strategically for the challenges ahead. It is our expectation that the new eDoorways platform is a current trendy vehicle to promote a solid and sound threshold for global interconnectivity, needed to reveal and crystallize hidden talents for effective productivity and change,” concluded Dr. Ziga.
According to E-Doorways management, the organization is in the process of building their PowerChannels and is expected to be completed shortly.
For more information on eDoorways International Corporation and/or the “eDoorways 2.0 platform,” please visit our website at HYPERLINK “http://www.eDoorways.com”www.eDoorways.com or e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (HYPERLINK “http://us.lrd.yahoo.com/SIG=11n6nhu1f/EXP=1317705772/**http%3A/www.eDoorways.wordpress.com/” \t “_top”www.eDoorways.wordpress.com), or follow us on Twitter (HYPERLINK “http://us.lrd.yahoo.com/SIG=11gatvj47/EXP=1317705772/**http%3A/twitter.com/edoorways” \t “_top”http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President
(561) 210-5675
HYPERLINK “mailto:Jeffrey@HeritageCorporateServices.com”Jeffrey@HeritageCorporateServices.com
Last week our CEO Gary Kimmons, spoke in front of the camera regarding eDoorways, the recent recapitalization, and emerging opportunities. His discussion is divided into three segments to be posted this week. Other videos are forthcoming regarding our brand and plans for the future.
AUSTIN, Texas–(GlobeNewswire) — eDoorways International Corporation (Pink Sheets: EDWY) announced today that the Company has acquired Snap Trend Technology, a Paddington Media product, for use on the eDoorways 2.0 platform. “Our new Snap Trend technology is poised to completely revolutionize the internet marketing industry,” stated Gary Kimmons, CEO of eDoorways International Corporation. “This new technology redefines hyper-targeted marketing by using social media platforms and GPS technology, allowing real-time user interaction anywhere in the world. For instance, if a stadium is filled with fans tweeting about their team’s victory, a sports memorabilia owner can contact all these individuals at once, offering a discount on jerseys and fanfare,” continued Kimmons. “We are giving eDoorways’ users access to this service which not only has the potential to dramatically increase business awareness but also increase social interaction among members of the community.”
The Snap Trend technology utilizes Google Maps and popular social networking tools Twitter and Facebook. When a user updates their status and/or location, the Snap Trend will pick-up individual words or statements in areas of 1KM and larger, then allow interaction among users on both sides. “To our knowledge, there is nothing out there that allows this precise of contextual marketing and we’re thrilled to be on the cutting edge of technology. PowerChannel owners will now have the opportunity to contact members of their community in real-time with GPS precision, providing efficiency and effectiveness both in their personal and business interactions,” concluded Kimmons.
For more information on eDoorways International Corporation and/or the “eDoorways 2.0 platform,” please visit our website at www.eDoorways.com or e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
AUSTIN, Texas–(PRNewswire) — eDoorways International Corporation (Pink Sheets: EDWY) announced today that the Company has licensed Snap Trend Technology, a Paddington Media product, for use on the eDoorways 2.0 platform. “Our new snap trend technology is poised to completely revolutionize the internet marketing industry,” stated Gary Kimmons, CEO of eDoorways International Corporation. “This new technology redefines hyper-targeted marketing by using social media platforms and GPS technology, allowing real-time user interaction anywhere in the world. For instance, if a stadium is filled with fans tweeting about their team’s victory, a sports memorabilia owner can contact all these individuals at once, offering a discount on jerseys and fanfare,” continued Kimmons. “We are giving eDoorways’ users access to this service which not only has the potential to dramatically increase business awareness but also increase social interaction among members of the community.”
The Snap Trend technology utilizes Google Maps and popular social networking tools Twitter and Facebook. When a user updates their status and/or location, the Snap Trend will pick-up individual words or statements in areas of 1KM and larger, then allow interaction among users on both sides. “To our knowledge, there is nothing out there that allows this precise of contextual marketing and we’re thrilled to be on the cutting edge of technology. PowerChannel owners will now have the opportunity to contact members of their community in real-time with GPS precision, providing efficiency and effectiveness both in their personal and business interactions,” concluded Kimmons.
The Company will be providing a live demonstration of the new technology today, 12/29/2011 at 2:00 PM CST. For interested parties who wish to participate in the demonstration, please dial (712) 432-3066 and enter passcode 131871.
For more information on eDoorways International Corporation and/or the “eDoorways 2.0 platform,” please visit our website at www.eDoorways.com or e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Posted by edoorways 
Austin, Texas: July 29, 2009: The Austin Chamber is pleased to announce that 
