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.
June 16, 2009 at 4:03 pm |
How do we get in on the shareholder conference call??
June 23, 2009 at 7:57 pm |
I will not be able to get to a phone as for i am in the middle east. Could you possibly provide some key ideas to me on email? I hope every concept will be announced, expected or official date? how stable this platform is? and most importantly what institutions, corporations are interested and who will be a big investor in our product? Also other questions by other investors IE financial stability!!
June 16, 2009 at 5:22 pm |
gentlemen
will the announcement specify a specifice date or just qurter?
June 22, 2009 at 10:25 pm |
There’s a lot of stock issued already to y’all any plans to start selling? Something like 60,000,000 shares or so @ .005 or less.I just missed the boat to get in at .007 last week.
June 16, 2009 at 7:20 pm |
Tyler, as with our first call, we will provide you with the dial-in number a day or two in advance. We will post it here on the blog. We will also put out a press release.
June 25, 2009 at 5:30 pm |
Sir,
The announcement is definitely a step to make the project worldwide known. Certainly having preview of the project would definitely lead more support for the program. But of course after the conference call. I believe shareholders should see it first as a token of thanks for being supportive to the project. It would also give supporting ideas of any issue that needs to be resolved. What would be your conclusion?
June 16, 2009 at 7:20 pm |
Daniel, we will announce a specific date.
June 22, 2009 at 10:28 pm |
Just wanted to know if your technology has any patents. You don’t mention anything about it.
June 16, 2009 at 8:36 pm |
This is very exciting! I see the stock price close the highest it has been in a long time. Also the volume has been rising higher and higher! It looks like a lot of people have been are watching and waiting until the “announcement” of the launch date. And now have bought into Edoorways!
June 17, 2009 at 1:10 am |
Hi Jay. It is exciting! But we still have a road ahead of us and we must be ready to do whatever it takes to make it. We’re not infallible and we’re subject to mistakes, but we’ll prove time and time again our desire to make things work in the favor of our shareholders.
June 18, 2009 at 5:51 pm |
I have been with edoorways since April of 2008, and I knew it was a matter of time before the world would catch on to what edoorways is about, and how it will change the way we use the internet. I am and always will be a long term investor and look forward to the releases that are to follow.
June 19, 2009 at 2:47 am |
Wanted to bring your (EDWY staff) attention a point of possible contention that could throw a monkey wrench in your PR plans. As a sizeable stakeholder , I see it to both of our advantages that corrective measures be pursued for the following (possibly negative) PR problem.
Instead of one of Pinksheets ‘preferred’ symbols , I noticed that your company is listed with a coded : “YIELD” insignia (in big red colors)– followed by the words: “Pink Sheets Limited Information” at pinksheets.com —- this is hopefully a non-issue but it could likely help us all if this were straightened-out ASAP.
See for yourself at the following link:
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=edwy
June 19, 2009 at 3:09 am |
P.S.
Forgive my manors if you will ……
Thankyou (in advance) for your attention in the matter , as described in my previous message and the best of luck to us all in your forthcoming endeavor.
p.s.s. suggestion;
I think it would helpful if a more confident attitude were pursued than what can be seen in the staff’s answer to “Jay”s message above. Not trying to tell you how to run your business but as a businessman myself , I know that perceptions are ‘everything’. Good Luck.
June 20, 2009 at 9:04 am |
In relation to my previous message on ‘perceptions’ , I (& others) are asking: where is your missing ‘Form 10K’ filing , as noted on several websites.
See: http://www.otcbb.com/asp/quote_module.asp?qm_page=46760&symbol=EDWY
for example. Sure would be nice to get this out of the way prior to your ‘announcement’ or ‘launch’ at the latest.
Regards , Dave
June 21, 2009 at 1:05 am |
Hi,
It is exciting eDoorways is nearing its launch date and has come this far amid a very challenging macro economic environment. I have the following questions and would be great if you can address these via blog or at the upcoming Q2 conference call:
Q#1. On the last conference call, it was mentioned that eDoorways may potentially emerge as the first web 3.0 service. But in reading through some of the press releases, it came across as more of a “web mashup” platform with a combination of techniques and capabilities like SNA, Collective Intelligence, Ajax — all three being key technology themes of web 2.0 with high impact on the hype cycle. How is eDoorways positioned or constructed as a distinct technology theme, giving it the potential of a 3.0 level service?
Q#2. Last year, it was mentioned in a press release that eDoorway’s entertainment division may emerge as a significant aspect of the platform. Can you comment on the implemention of this component and the overall platform, and any challenges foreseen — especially with implementation?
Q#3. given the company is in pre-launch and high growth phase, can you comment on the cash burn, financing and operational challenges over the next 6 to 12 months, and revenue projections for Q3-Q4 — any impact on this given the continued delay in 10K filing?
Q#4. With regards to 10-K filing, if that continues to be delayed, do you expect to push back the current target launch date or are these mutually exclusive events?
Thanks and good luck with the launch!
June 21, 2009 at 1:41 am |
Jeff, we truly hope that other shareholders and onlookers will soon feel the same. You’re at the ground level of what could be an out-of-this-world journey. Microsoft, AOL, Apple, Google… imagine being one of the lucky few sitting on the ground floor at their beginnings! Who would have known? But those who believed and were long-term holders, well we can all guess how happy they probably feel. This is indeed an exciting time for eDOORWAYS believers. An exciting time!
Thanks so much for your support Jeff!
June 21, 2009 at 1:45 am |
Dave, we checked out the “YIELD” message that PINKSHEETS.com has attached to the “BACKGROUND” section of our securities listing. The reason they did this seems to be because our SEC filings have not been made yet. We believe the symbol will be removed upon our filing. With that, please be aware that we will soon make a very positive announcement as to our filing status.
June 21, 2009 at 1:49 am |
We agree with you, Dave. Perception definitely is everything! We may have gone a little too far in the direction of humility. We’ll try to strike a better balance!
June 21, 2009 at 1:52 am |
Dave, we agree! The importance of getting the 10K filed has not been lost nor forgotten. We have continued to work diligently on the issue and will be coming back to shareholders very soon with positive updates regarding the matter.
June 21, 2009 at 6:18 am |
I know this is probably unanswerable, but is the platform going to be launched before october?
June 21, 2009 at 2:59 pm |
Jack, actually, that is a very answerable question. But we can’t let the cat out of the bag without full disclosure to all shareholders. Thus, you’ll have to wait until the 29th conference call. But if we didn’t know any better, one might think you were a fly on the wall when we settled on a date.
June 22, 2009 at 4:08 pm |
Anticipating the complettion of the 10k filings, consiquent return to the bulletin board, launch date, and platform announcement (doors), seems like a host of positive events are fast approaching. Can we assume that edoorways is structurally prepared with the people and systems to maximize all these factors? Undoubtably this will propell the company to the attention of a much broader audience and my hope is that edoorways is ready to take advantage of the opportunity…very exciting!!
June 22, 2009 at 4:21 pm |
As a shareholder this is great news! The possibilities seem endless with this particular web platform. I believe this is just the beginning! Best wishes!
June 22, 2009 at 9:33 pm |
Yes, Brandon … you can make that assumption.
Our team is comprised of professionals who are experts at designing corporate infrastructure as well as building technological systems to manage rapid ramp-up. Further, as you will witness over the next few weeks, Our team will continue to grow, adding on more extremely sophisticated and well versed professionals who are adept at growing emerging companies and technologies. Believe me, we have every confidence that when the time comes, the eDOORWAYS team will know exactly what to do!
June 22, 2009 at 9:35 pm |
Thanks, James, your support is much appreciated!
June 22, 2009 at 9:37 pm |
Could you inform me of EdoorWays IPO and when it was issued? Looking forward to the launch date announcement!
June 22, 2009 at 10:10 pm |
OK, Divya, let’s take these one at a time!
Q1 – First, Web 3.0 subsumes Web 2.0 and 1.0, so the infrastructure to accomplish their functionality is required for a foundation to build on. Therefore, the Web 2.0 attributes you’ve described will be a part of eDOORWAYS’ basic design. Second, Web 3.0 is closely identified with the Semantic Web, wherein the Web begins to treat data as information with meaning. A key problem with each of us as humans using the Web is that we’re limited in our ability to comprehend and assign meaning to the data that either exists or might be available.
This is where eDOORWAYS and Web 3.0 will come in. As a medium, eDOORWAYS will apprehend on-line behavior in terms that enable the system to support the intentions of the participants, as a distinct value-add that does not depend on the participant’s explicit or conscious decision making. An example of this might be dynamic content presentation, chosen based on probabilistic reasoning from key words. Another is semantic search and the capability to broaden searches into areas the participant may not have realized were relevant.
It should be noted that it’s our intent to introduce Web 3.0 capabilities as they become available developmentally over time. What you will initially see with the “SOLVE” service offering will be Web 2.0 functionality. Then, we will introduce Web 3.0 “value-added” functionality sequentially over time. This strategy is, in part, due to our desire to launch “SOLVE” as quickly as possible. Also, we believe that the baseline functionality of the initial Web 2.0 version of “SOLVE” is a significant introduction of our service offering in itself. The Web 3.0 component is “Lagnappe” as they say in Louisiana (i.e., the icing on the cake!).
Q2 – It’s our objective for eDOORWAYS to support the major categories of activity that we engage in as we pursue our lifestyles. Certainly, in this context, entertainment fits the criterion. From a developmental perspective, as you might imagine, it brings its own set of challenges. However, at a macro level, there doesn’t appear to be anything that can’t be managed.
Q3 – There will be specific information regarding cash burn, financing and operational challenges in the forthcoming 10K. We do not know of any impact due to the delay.
Q4 – The 10K filing and the actual launch date have always been mutually exclusive. This is why we’re still able to make the launch date announcement without the current filings. However, we will soon be making announcements that we are back on track regarding the 10K. We’re very excited about that.
BTW, great questions and thanks for your support!
June 22, 2009 at 10:19 pm |
Thank you for your prompt feedback. It is great to see (and comforting as an investor)you are able to proactively keep an open dialogue and keep us informed of your acitivities. All the best!
June 22, 2009 at 11:21 pm |
Hi Matt! We never participated in an IPO. We merged with another public company. Please note that our history is described elsewhere on this blog site.
June 23, 2009 at 2:33 am |
Divya, it’s our pleasure!
June 23, 2009 at 3:49 am |
I didn’t emphasize this before, but your response to Q1 was quite significant and very thoughtful. Much appreciated and fefinitely very exciting. Good luck again!
June 23, 2009 at 2:53 am |
Joey, today, the Software Technology Industry typically does not seek patents on new technologies. There are two reasons for this. Firs, software technology evolves faster than you can complete the patent procedure. Second, these days, the trend has shifted by making the software available as an “Open Source” to encourage freelance developers to make improvements for and enhance the features to the platform.
June 24, 2009 at 5:51 pm |
Thanks for the response and hopefully EDoorways will be the only game in town.
June 23, 2009 at 2:54 am |
Joey, regarding your questions about stock issued and plans to sell, we’re drawing a blank. Can you please clarify?
June 24, 2009 at 5:49 pm |
Thanks for the response and I’ll try to clarify my question. I was reading the 10Q and while doing so I noticed that Mr. Kimmons, his wife, and several partners have been issued stock recently @ .005 cents as a form of compensation. I didn’t read any restrictions realtive to the issued stock.
June 23, 2009 at 1:19 pm |
As a shareholder who jumped in before the increase volume we saw last week, I am currently doing more research as I am contemplating on purchasing additional stock this week before the 2nd conference call.
I am trying to find out information on the internet regarding the PR firm, Technical Objectives, and having a little difficulty. If possible, could you shed some light on this issue? Thanks!
June 23, 2009 at 11:22 pm |
As a current shareholder, one that purchased stock before the volume started going up last week, I am contemplating on buying additional shares this week.
However, I would like to know where I can find more information regarding Technology Objectives, the PR firm from Atlanta that Edoorways has partnered with. I have done a little research online and have not been able to find much. Could you please shed some light on this issue. Thanks Gary.
June 23, 2009 at 11:24 pm |
sorry for the multiple messages…each time I have posted my question, it seems to go away and therefore the reason in posting another…sorry again.
June 24, 2009 at 12:04 pm |
Matt, Technical Objectives is a boutique software development firm in Atlanta that specializes in applications that involve artificial intelligence and Web 3.0 solutions. They do a lot of work for the defense department. Therefore, you’re not going to read about them, as they tend to keep a very low profile. However, there’s some stuff out there on the Internet if you Google them. For example, there are press releases related to our previous work together.
June 24, 2009 at 12:10 pm |
No problem, Matt, diligence yields results!
June 24, 2009 at 12:11 pm |
Matt, what PR firm in Atlanta are you referring to?
June 24, 2009 at 12:22 pm |
Mr. Grant, we believe that wise people like yourself know and appreciate this one ideal… it’s not failure that tarnishes image, but failure to get up, dust yourself off and passionately pursue your ambitions until success is had.
No one person or company that is considered historically “great” is without failure. Failure is partly the reason for their success. Be proud of eDOORWAYS Mr. Grant, as it is because of our tenacity that we’re able to have this friendly dialog today.
The GOOGLES, MySpace’s and most others were between 5 and 10 years in the making with numerous “Trials and Errors” along the way. Our history is quite analogous. We know nothing in our history that we’d be ashamed of, that would “Tarnish” our image or hinder our future.
Regarding a possible stock split, we did not come all this way to diminish shareholder value in any way. We wish to do all that we can to contribute to shareholder value. Therefore, we are not contemplating any splits of any kind at this time, nor do we see a reason to.
June 24, 2009 at 12:28 pm |
Jesus, first, thank you for taking the time to contact us from the Middle East. What part are you in? Are you there for business, pleasure or do you reside there?
To answer your questions, we’d love to and will zip you an email regarding every topic of concern within 48 hours after the conference call. This is simply because we cannot release any information to you independently of that the public has yet to receive.
However, there is GREAT news regarding your dilemma of not being able to attend the call. Look out for tomorrow’s announcement and then get back to us.
We hope it isn’t too hot out there for you!
June 24, 2009 at 2:02 pm |
Good morning! We are all excited about the upcoming conference call and appreciate all the communications between us shareholders and ED. However in looking at the responses above we don’t see the questions being asked. Is there a gliche?
June 24, 2009 at 2:15 pm |
Hello,
What is Applied Storytelling’s current role with the company? Is Kristen taking their place? Thanks
June 24, 2009 at 4:18 pm |
Travis, we are unaware of any glitches at this time. Would you be kind enough to point out what you may be referring to so that we can immediately address the matter?
June 24, 2009 at 4:22 pm |
You respond to Jesus and Mr. Grant but I can’t see their questions.
June 24, 2009 at 4:30 pm |
Adam, Applied StoryTelling is currently working on a brand messaging project for us. They are specialists in determining and specifying what the brand should be. Kristen who is our Brand Marketing and Site Monetization Strategy Consultant, is overseeing their efforts. She’s responsible for getting the launch out from a marketing perspective. The brand platform that Applied StoryTelling develops for the eDOORWAYS brand is a key tool that she will be using.
June 24, 2009 at 11:23 pm |
Travis, sorry about that! Jesus’ post ended up at the top of this column, so please look there. Mr. Grant’s post does not seem to be working. We’ve tried to post it a half dozen times with no luck. So here’s his post:
Mr. Kimmons,
I have followed your progress for the last 8 months. In doing due diligence, I have spoke with several at Speak Tech who speak well of you. I’m sure you the blog today of your past being brought to light of several name changes and reverse splits. We would not want this to tarnish the future of eDoorways or dampen the launch in any way. Would you please speak to these concerns? Also, do you plan to split the stock in the future as Microsoft did in the beginning, or choose to not split and appreciate as Google has?
Thank you.
R Grant E
June 24, 2009 at 11:36 pm |
Joey, agreed, that’s our hope as well!
June 26, 2009 at 5:37 am |
Ed,
Approximately how much has been spent developing this platform. Is the platform being tested outside of the offices of Edoorways or is all the testing in house? Beta testing i guess might be the appropriate term.
Sincerely,
Your recently long investor
June 26, 2009 at 4:23 pm |
Eric, we’ve spent approximately $3 million in development and G&A funds. Regarding the details of how we’re testing….Eric, as a shareholder, we hope you can appreciate that you’re asking a strategic question that we cannot answer publicly at this time.
June 26, 2009 at 4:32 pm |
Joey, when given the opportunity, we will review the 10Q to try and find what it is exactly you may be referring to. With regards to compensation, Mr. Kimmons received 30mm shares of restricted stock as a performance bonus on his contract. In the 2nd QT of 08, he received an additional bonus of 4mm shares. None of these shares have been sold nor are the up for sale. The first reason being, if these shares or any shares Mr. Kimmons holds were intended to be sold, Kimmons would have to sell them in accordance with Rule 144. Rule 144 is part of an automatic restriction affiliates like the CEO are subject to simply for the position they hold. In the event a person in this position wished to sell shares, a Form 4 would have to be filed evidencing this consideration. No Form 4’s have been filed. Nor will there be any such filings anytime in the near future.
Second, Kimmons is in this project 110%. Selling these shares at this time would be a ridiculous thought for him; thus, the reason why it hasn’t crossed his mind.
As it pertains to the other persons you mentioned, the “selling” of any shares that Mr. Kimmons’ wife and or any other “affiliated” partners hold would be subject to the same exact restrictions and requirements.
Not to worry Joey. You would see their actions coming “a mile away”.
June 26, 2009 at 4:41 pm |
Jesus, we agree with you concerning the benefit of showing the “SOLVE” doorway to our shareholders. That’s certainly part of our game plan! Glad to see you share the same line of thought.