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Hi flaflyersfan,
Thanks, just noticed that today. Oh well, here is another one that bites the dust for me. At least I sold some when it had its run back in 2003, guess I should have sold all my holding at that time, but at least I got my original investment out plus some. GLTY
Seán
Investolator, yep;
13:33 1/25/2008 MYIQ Edulink, Inc. Common Stock LRNP Learning Priority Inc Common Stock 1-1500 R/S **
Good luck.
Is the r/s 1:1500 still in play?
MYIQ - (Def 14C) 1:1,500 R/S and shares increase 1/09/07
1.
To authorize the Company's Board of Directors to amend our Articles of Incorporation to: (i) change the Company's name to "Mega Media Group, Inc."; (ii) increase the number of authorized shares of Common Stock to two hundred seventy billion (270,000,000,000) shares of common stock, par value $0.001 per share; (iii) authorizing twenty million (20,000,000) shares of blank check preferred stock, par value $0.001 per share; and (iv) effectuate a 1-for-1,500 reverse stock split of our authorized and issued and outstanding shares of common stock.
http://www.pinksheets.com/quote/filings.jsp?symbol=myiq
Any one besides me still own this....saw a few shares trade but mo bid/ask most of the time. Thoughts??
EduLink, Inc. Announces Stock Trading Suspension by SEC
Thursday August 31, 10:12 am ET
NEW YORK, Aug. 31 /PRNewswire-FirstCall/ -- EduLink, Inc. (Pink Sheets: MYIQ.PK - News) announced today that the company's stock was suspended from trading by the SEC on Monday, August 28, 2006. The suspension as listed on the SEC website (www.sec.gov) will continue until September 11, 2006, and resulted from the company's failure to make certain financial filings. Since the acquisition of Mega Media Group, Inc and the change in management, the company has filed all of its current financial information in the 8-K filing on August 14, 2006.
ADVERTISEMENT
The company's new management was not informed by the SEC of the pending suspension prior to the date it was made effective.
The information missing is from operations prior to the acquisition of Mega Media Group, Inc, which was not filed in a timely manner by the previous management of the company. The current management team is now working diligently to file all required documents with the SEC.
About EduLink, Inc.
EduLink, Inc. operates its business through its wholly-owned subsidiary, Mega Media Group. Inc; which is a multi-media holding company operating its business through its subsidiaries, Mega Media Studios, Inc; Mega Media Records, Inc. d/b/a Skelton Key Entertainment, Mega Media Film, Inc; Mega Media Sports Entertainment, Inc. and Echo Broadcasting Group, Inc. Mega Media Group focuses its business in mainstream entertainment and media and Russian ethnic media. These subsidiaries offer a broad range of services, including talent management, music publishing, recording, music production and distribution, video production and distribution, radio broadcasting and Russian ethnic programming.
Contact:
Mark Cohen-IR
5W Public Relations
212-999-5585 ext.244
e-mail: mcohen@5wpr.com
Hey? I think My brother in law is also waiting for this ship to come in. He keeps telling me about what's going on as I am the one who found the gem.
We enjoy the fantacy that with him holding 1 million shares myiq could go down in history as a real gem.
Now back to the regular waiting mode.
After holding this stock for six years, I still have my fingers crossed!
Johnny
MYIQ ~ Getting some Volume and uts today!!!
News earlier.... Sounds like its starting to wake UP!!!
:)
Have a good 1 <> Stay in the GREEN !!
It would take a miracle for MYIQ to reach $1. It has only done it twice in its current history. Back in March 2000 it went from just over .25 to just under 1.50 on the 7th, closing below .50. It did touch $1 again on the 10th but did not stay there. It traded for 4 days above .50 before dropping back down below it. At present it is having a hard time moving above .001 but it ujust may stay above it now, at least I hope so. Maybe it will reach .005 before long. Then who knows, maybe .01 again. Oh well, at least I dream. Have a great weekend.
Seán
I sold 1/3 of my holdings back in May 2003 and have been riding free shares since. I don't know about it reaching $1 but it would be nice to see in it the pennies again.
Seán
MYIQ rocking and rolling! Pat Robertson predicting $1 by December.
At .0008 it has a long way to go to reach a penny, but it would be nice if it did.
What's with the recent heavy volume?
Any suggestions on penny stocks that may be of value for the future
Has anyone been able to communicate with the company or at least have an idea of what they are doing?
Was this a shame company all along? I tried to look up bio information on its board members and could find none.
While the website has been down for at least 3 months the stock continues to be traded daily. With some large volume(occ.)
guess I haven't been paying attention...So..they're completely dead now??? argh.
It is disappointing when the company pulls its website and does not release news of its collapse.
no idea..I've pretty much written this one off :( But, I still have shares.
When is the 1/50 RS to take place?
I have not heard anything in some time and have not kept up with thing here that much.
Hope all have a great day.
Small cap voice stopped covering it about 6 months ago. The company wouldn't reply to requests for info.
hard to say. I've held it for years :( Noticed a few volume spikes of late, but no news, no filings, nothin...
What is going on with this company ? Haven't seen anything about it.
Cannot access eknowledgeexchange.com?
Has this company closed?
No one has posted since June and the company has not had any news releases in a while. However, they continue to be actively traded.
I thought this company had great ambition. Can anyone update me on its current condition.
Thanks
as per today's PR, the meeting has been 'postponed".
LOL. guess they figured they weren't going to get the votes for the r/s.
When someone hears about what happened at the meeting on the 16th, will they mind posting it or emailing me?
Thanks
maolaoshu@hotmail.com
1/50 R/S on the way.
A Letter from CEO, Charlie Guy;
Dear Shareholders:
As all of you must have surmised, the last 120 days have been extremely challenging for
the Company. We certainly have been aware of your deep concerns and have appreciated
not only your patience, but from some of you, your voiced strong support. We also
understand the frustration caused by our failure to communicate to you on a more regular
basis, but during a period when we found ourselves without operating funds, our ability to
communicate anything but our intent was limited by legal type restraints.
Despite our limited finances, we have been able to successfully execute the following
objectives:
1. Secure financing in order to begin preparing for the deployment of our core
technologies to take advantage of existing revenue generating opportunities. We
were able to secure a financing agreement in the form of two year secured
convertible promissory notes providing the Company with $1,500,000 in
installments conditioned upon performance of covenants by the Company. The first
installment of $250,000 was received on May 11, 2004. An additional $625,000 is
payable immediately upon the Company’s filing of a registration statement for
shares of common stock to be reserved with a portion of those reserved to be
issued upon conversion of the Promissory Notes, with the final $625,000 payable on
the effective date of the registration statement. This level of funding provides us with
the fuel to generate activities that are necessary to transform the Company into a
fully operational and profitable entity.
2. Finalize an equitable agreement for all concerned with Ronald Rescigno and Ian
Rescigno in an effort to (a) stabilize our future financial position and (b) create the
necessary vacancies so that we may now recruit valuable key senior management
talent. The agreement relieves us of the obligation to pay in excess of $800,000 in
past due and future guaranteed compensation and other benefits claimed by
Ronald Rescigno and Ian Rescigno, both of whom have agreed to the termination of
their existing employment agreements and the release of outstanding warrants. The
Company issued 114,000,000 shares of its common stock as consideration for the
elimination of the bridge loan debt and the Rescigno’s claims.
3. Reduce as much as possible of prior debts. The Company has eliminated its
obligations to repay prior bridge loans in the amount of over $430,000, inclusive of
accrued interest. The company issued 119,000,000 shares of its common stock as
consideration for the elimination of the bridge loan debt.
4. Develop and execute a re-capitalization plan that would allow us to operate in the
future on a more financially secure basis in the view of the financial, education,
publishing, and governmental communities. Therefore the Board of Directors voted
unanimously to reduce the number of Company’s outstanding shares on the basis
of one share for every fifty shares outstanding, and to reduce the number of
authorized shares from 1,500,000,000 to 250,000,000.
This restructure IS
SUBJECT TO SHAREHOLDER APPROVAL AT A SPECIAL MEETING OF
SHAREHOLDERS TO BE HELD June 16,2004 in Los Angeles, CA. A proxy
statement has been filed with and approved by the SEC and is in the process of
being sent to shareholders.
5. Complete our re-branding strategy by executing a corporate name change for the
Company. Therefore, the Board of Directors voted unanimously to change the
Company’s corporate name to “eKnowledgeXchange Corp.,” a decision that will
also be subject to shareholder approval. The Board’s decision emphasizes its
commitment to deploying the Company’s valuable technologies to the broadest
possible markets while taking a leadership position in the expanding eKnowledge
marketplace.
Although we are extremely pleased with the above steps, I am aware that the
concentration of our challenged financial and management resources in these activities
has resulted in some temporary conditions that must be very disconcerting to all of our
stockholders. During the above time period, we unable to complete in the required time our
SEC financial reports. This has resulted in our current inability to be traded on the OTC
Bulletin Board.
We are now, however, executing a plan through which we expect that within 45 days to
have completed the year-end audited report as well as the first quarterly report for 2004.
We also expect by that time frame to have filed our Form 10K and 10Q. To assist us, we
have engaged Malone & Bailey, PLLC, of Houston, Texas, as independent auditors. The
firm’s audit practice specializes in the small to the medium sized public corporate market.
Following the filing of these reports, we will be in compliance and we are confident that we
will shortly thereafter be reinstated for trading on the OTCBB after market makers file the
necessary Form 211 with the NASD.
As an additional component of this financial re-organization, the Company will be moving
all of the daily administrative and accounting functions to our St. Petersburg, FL office
under the direct management of Jeff Miesbauer who will now function as acting Chief
Operating Officer in addition to his Chief Financial Officer duties.
With stockholder approval, we will have a re-branded and completely financially
reorganized company with internal financial controls focused on utilizing this new infusion
of funding so as to maximize our ability to take advantage of the many revenue-generating
opportunities that relate to the deployment of our core technologies.
We now have a number of near term financially attractive opportunities relating to the use
of our core technologies within the U.S. public education market that require our
participation as a member of a team of solution providers competing for grants and funding
from such organizations as the U.S. Department of Education, NASA, and the National
Science Foundation. We know from past experience that our capital structure has
significance to others in evaluating our qualifications during this process, regardless of the
value of our technologies. With our reorganized capital structure and with financing
committed, and of course with our unique core technologies, we will now be in a strong
position, both in terms of participating in the process as a member of a team of significant
providers and in dealing directly with these types of customers.
This new financial structure now allows us the opportunity to generate significant revenue
as well as receive important third party marketplace validation. We now are in the process
of refining our core technologies so as to commence deploying the applications into our
defined education and business markets. We are also now focusing our attention on
analyzing and completing those pending acquisitions that we feel appropriate, and
exploring additional potential acquisitions that will allow us to grow the company at a much
greater pace both within and outside of the education market.
Moreover, with our financing
commitment and our new capital structure, we should be better able to finalize those key
business alliances that we have been developing over the last year, each of which will
increase the viability of our position when working in the U.S. public education market.
I want to thank each of our shareholders for your patience during this trying period of the
company’s history. It is my deep personal belief, however, that the Company will in fact
emerge from these difficult times with a very bright and exciting future.
Sincerely,
Charlie Guy, CEO
this gripes my ass
DL DATE
SYMBOL
COMPANY NAME
EFFECTIVE DATE/COMMENTS
05/21/2004
MYIQE
Edulink, Inc. Common Stock
05/24/2004
Failure To Comply With NASD 6530; Added to NBB (MYIQ) **
PinkSheets here we come...and, with a 1/50 RS Looming...time to say bye bye
MYIQE. :)
Edulink, Inc. Announces the Completion of a Financing of $1,500,000
Thursday May 20, 9:00 am ET
a Reduction of the Company's Debt
a Capital Restructuring
and a Change of Corporate Name
SANTA MONICA, Calif.--(BUSINESS WIRE)--May 20, 2004--Edulink, Inc. ("Edulink" or the "Company") (OTCBB:MYIQE - News) announced today the consummation of a private placement of two-year secured convertible promissory notes ("Promissory Notes"), providing the Company with $1,500,000 in financing in installments conditioned upon performance of covenants by the Company. The first installment of $250,000 was received on May 11, 2004. An additional $625,000 is payable immediately upon the Company's filing of a registration statement for shares of common stock to be issued upon conversion of the Promissory Notes, with the final $625,000 payable on the effective date of the registration statement. Prior to filing the registration statement, the Company must restructure the number of its authorized shares.
Charlie Guy, CEO of Edulink, stated, "This infusion of funds provides not only the capital to effectively institute the key elements of our refocused business plan but the financing process itself clearly indicates that others in the financial community believe in the value of our underlying technologies and in our refocused market deployment plans."
In addition, Mr. Guy announced that the Company has eliminated its obligations to repay prior bridge loans in the amount of over $430,000, inclusive of accrued interest, as well as its obligations to pay in excess of $800,000 in past due and future compensation and other benefits claimed by Ronald Rescigno and Ian Rescigno, both of whom have agreed to a termination of their existing employment agreements and outstanding warrants. The Company issued 233,592,577 shares of its common stock as consideration for the elimination of the bridge loan debt and the Rescigno's claims.
Mr. Guy also announced that the Board of Directors voted unanimously to reduce the number of the Company's outstanding shares on the basis of one share for every fifty shares outstanding, and to reduce the number of authorized shares from 1,500,000,000 to 250,000,000. This restructure is subject to shareholder approval at a special meeting of shareholders to be held as soon as possible. A proxy statement is currently being filed with the SEC and will be sent to shareholders after the SEC completes its reviewing process.
Michael Rosenfeld, the Company's Chairman, stated: "This financing gives the company new life. But the Board firmly believes that, in addition to the requirements under the terms of the financing agreements, a capital restructure is absolutely necessary for the Company to be in a position to take full advantage of its many opportunities. The massive amount of shares issued and outstanding made it more than difficult for the Company to be perceived as credible when dealing with potential alliance partners, licensees, acquisition candidates, and senior management personnel."
Mr. Rosenfeld further stated: "Our shareholders will be given the opportunity to approve the Company's new capital restructure. Without that approval, the Company will not be able to file the registration statement required under the terms of the financing agreements and thus will not receive the balance of the funds committed under the terms of those agreements. We are confident that the shareholders will understand the prudence of the Board's action in this regard."
Mr. Guy added: "A number of near-term, financially attractive opportunities relating to the deployment of our core technologies in the U.S. public education market requires our participation as a member of a team of solution providers competing for grants and funding from such organizations as the U.S. Department of Education, NASA, and the National Science Foundation. We know from past experience that our capital structure has significance to others in evaluating our qualifications during this process, regardless of the value of our technologies. Our successful participation as a team member with well-known solution providers gives us the opportunity to generate significant revenue as well as third-party marketplace validation. The time-consuming steps that we are now taking to place the Company's capital structure on a sound footing is the only prudent course to take if we are to realize a significant return on the investments originally made in creating our unique technologies."
Mr. Guy further commented on the Company's rejuvenated future: "With our new funding and a new capital structure, we will now move our focus to refining our core technologies and deploying the applications into our defined education and business markets. We also will be able to focus our attention on completing those pending acquisitions that we feel appropriate, and exploring additional potential acquisitions that will allow us to grow the company at a much greater pace. And of great import, we now should be able to finalize key business alliances that will increase the viability of our position when working in the U.S. public education market. Our ability to attract and retain new key management executives and consulting relationships will also be dramatically improved."
Finally, Mr. Guy announced that the Board of Directors voted unanimously to change the Company's corporate name to "eKnowledgeXchange Corp.," a decision that will also be subject to shareholder approval. The Board's decision emphasizes its commitment to deploying the Company's valuable technologies to the broadest possible markets while taking a leadership position in the expanding eKnowledge marketplace.
About Edulink
Edulink's current business focus is on near- and long-term opportunities to implement a series of revenue-generating products and services built upon our knowledge sharing system's core technologies known as the eKnowledgeXchange. The Company's focus is not limited to the U.S. K-12 market, but includes implementation in the international education marketplace as well as the utilization of these same core technologies to deploy revenue-generating models outside of the education market.
Edulink's core technology system, developed by its technology integration partner SAIC, and market tested over the last several years, is based on the integration of the three core foundations for digital asset or eKnowledge management: Storage & Retrieval, Repurposing, and Distribution. The eKnowledgeXchange will allow for the personalized, secure, and managed delivery of enhanced digitized assets or eKnowledge utilizing one of our four proprietary delivery systems: the Internet, CD-ROM/DVD, Traditional Print, or e-Print on Demand. eKnowledge is knowledge, as it exists in a profoundly networked world. It is not just a digitized collection of knowledge. eKnowledge consists of knowledge objects and knowledge flows that combine content, context, and insights on application. The new Web site is located at http://www.eknowledgexchange.com.
This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the ability of Edulink, Inc. to grow its related businesses, consummate potential financing arrangements, and/or consummate anticipated service or distribution or acquisition agreements. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the limited operating history of Edulink, the Company's limited financial resources, domestic or global economic conditions, activities of competitors and the presence of new or additional competitors, and conditions of equity markets. More information about the potential factors that could affect Edulink's business and financial results is included in Edulink's filings, available via the United States Securities & Exchange Commission.
Contact:
Edulink, Inc.
Stuart Smith, 760-643-1946
info@smallcapvoice.com
Source: Edulink, Inc.
Email this story - Set a News Alert
I have no idea..I just keep holding and waiting.
Does anyone know where this stock is headed?... MYIQ has been experiencing severe shortages of operating cash I stopped purchasing additional shares. What once seemed to be a homerun, now seems to be a foul ball. Although I am less than a novice at the investment game, I have owned 50,000 shares for quite sometime hoping this stock proves to be my grandslam. However, the repeated delays and failure to generate revenues has caused me to doubt edulinks viability.
INSERTING AND REPLACING Edulink Inc. Announces Today That Its Publishing Services Division, JAQKAR, Has Entered into a Technology Partner Agreement with OverDrive Inc.
1 April 2004, 1:51pm ET
SANTA MONICA, Calif.--(BUSINESS WIRE)--April 1, 2004--In BW5759 issued March 29, 2004: insert ticker symbol (OTCBB:MYIQ) after Edulink Inc. in the first sentence.
The text of the corrected original release, including the insert, begins here and follows in its entirety:
EDULINK INC. ANNOUNCES TODAY THAT ITS PUBLISHING SERVICES DIVISION, JAQKAR, HAS ENTERED INTO A TECHNOLOGY PARTNER AGREEMENT WITH OVERDRIVE INC.
Roxann Caraway, president of JAQKAR, the publishing services division of Edulink Inc. (OTCBB:MYIQ), announced today that JAQKAR has been selected as a technology partner by OverDrive Inc., the leading digital content solution provider for publishers, retailers and libraries, to provide content and bibliographic data management and distribution services for eBooks via OverDrive's Content Reserve system. This partnership enables JAQKAR to provide comprehensive end-to-end workflow solutions to publishers and authors who want to distribute eBooks via Content Reserve.
This partnership will enable JAQKAR to provide comprehensive end-to-end workflow solutions for its customers. Through JAQKAR, publishers can achieve a no-hassle, low-cost entry to Content Reserve enabling distribution of their titles in all eBook formats via the Content Reserve retail and library network.
Caraway speaking of this new partnership stated: "Having worked successfully with Content Reserve for several years, we are very excited about the additional referral accounts that this enhanced partnership will generate for us and for the opportunity to offer our services to these publishers."
In addition to secure eBook distribution with Content Reserve, JAQKAR also provides an array of publishing workflow services, including consulting, design, layout, conversion, print and CD/DVD delivery. These services when combined with OverDrive's Content Reserve system provide publishers a complete end-to-end solution in digital content creation and distribution.
About OverDrive Inc.
Founded in 1986, OverDrive Inc., ( www.overdrive.com ) is a leading provider of enterprise Digital Rights Management (DRM) and associated digital media solutions enabling the management and distribution of premium digital content over global networks. It is a world leader in a variety of digital publishing and eBook technologies, and Internet solutions for digital asset management and eCommerce.
Mentioned Last Change
MYIQ 0.0035 (Unchanged)
OverDrive has developed Content Reserve, the Global Digital Content Network -- a growing B2B marketplace providing channels for trusted retail fulfillment of premium content from the world's leading media companies. OverDrive offers:
-- Leadership in eBook and digital media publishing technologies
-- World leader in providing best-of-breed digital rights
management technology and services including Microsoft Digital
Asset Server, Microsoft Reader, Adobe Content Server, Adobe
Acrobat eBook Reader, and Palm Reader.
-- Online retail storefronts for vending protected content
-- B2B wholesale digital content distribution
-- Digital media repositories with integrated DRM clearinghouse
services
-- Custom development and consulting services
About Edulink Inc.
Edulink's current business focus is on the near and long term opportunities to implement a series of revenue generating products and services built upon our knowledge sharing system's core technologies known as the eKnowledgeXchange. The company's focus is not limited to the US K-12 market, but includes implementation in the international education marketplace as well as the utilization of these same core technologies to deploy revenue-generating models outside of the education market.
Edulink's core technology system, developed by its technology integration partner SAIC, and market tested over the last several years, is based on the integration of the three core foundations for digital asset or eKnowledge management: Storage & Retrieval, Repurposing and Distribution. The eKnowledgeXchange will allow for the personalized, secure and managed delivery of enhanced digitized assets or eknowledge utilizing one of our four proprietary delivery systems: the Internet, CD-ROM/DVD, Traditional Print, or e-Print on Demand. eKnowledge is knowledge, as it exists in a profoundly networked world. It is not just a digitized collection of knowledge. eKnowledge consists of knowledge objects and knowledge flows that combine content, context, and insights on application. The new Web site is located at http://www.eknowledgexchange.com .
This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the ability of Edulink Inc. to grow its related businesses, consummate potential financing arrangements and/or consummate anticipated service or distribution or acquisition agreements. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the limited operating history of Edulink, the company's limited financial resources, domestic or global economic conditions, activities of competitors and the presence of new or additional competitors, and conditions of equity markets. More information about the potential factors that could affect Edulink's business and financial results is included in Edulink's filings, available via the United States Securities & Exchange Commission.
CONTACT: Edulink Inc.
Stuart Smith, 760-643-1946
info@smallcapvoice.com
SOURCE: Edulink Inc.
Better late than never -
Edulink Announces New Closing Date for Acquisition of Bloomen Limited d/b/a ICUrls.com
MONDAY, MARCH 22, 2004 9:01 AM
- BusinessWire
SANTA MONICA, Calif., Mar 22, 2004 (BUSINESS WIRE) -- Charlie Guy, CEO, of Edulink, Inc. (MYIQ) , announced today that the intended closing date of the pending transaction relating to Edulink's acquisition of Bloomen Limited d/b/a ICUrls.com has been extended to April 15, 2004 so as to allow Edulink to conduct further due diligence activities.
Charlie Guy, speaking of the extension, "Although we are very enthusiastic about our Company's future business opportunities in China and the potential value of our pending venture with Bloomen, we have found that evaluating the risks relating to this particular opportunity to be very complex. The extended time allows us to conduct the additional due diligence activities we believe necessary to further analyze the scope of these risks in order to protect shareholder value."
About Edulink
Edulink's current business focus is on the near and long term opportunities to implement a series of revenue generating products and services built upon our knowledge sharing system's core technologies known as the eKnowledgeXchange. The company's focus is not limited to the US K-12 market, but includes implementation in the international education marketplace as well as the utilization of these same core technologies to deploy revenue-generating models outside of the education market.
Edulink's core technology system, developed by its technology integration partner SAIC, and market tested over the last several years, is based on the integration of the three core foundations for digital asset or eKnowledge management: Storage & Retrieval, Repurposing and Distribution. The eKnowledgeXchange will allow for the personalized, secure and managed delivery of enhanced digitized assets or eknowledge utilizing one of our four proprietary delivery systems: the Internet, CD-ROM/DVD, Traditional Print, or e-Print on Demand. eKnowledge is knowledge, as it exists in a profoundly networked world. It is not just a digitized collection of knowledge. eKnowledge consists of knowledge objects and knowledge flows that combine content, context, and insights on application. The new Web site is located at http://www.eknowledgexchange.com.
This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the ability of Edulink, Inc. to grow its related businesses, consummate potential financing arrangements and/or consummate anticipated service or distribution or acquisition agreements. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the limited operating history of Edulink, the company's limited financial resources, domestic or global economic conditions, activities of competitors and the presence of new or additional competitors, and conditions of equity markets. More information about the potential factors that could affect Edulink's business and financial results is included in Edulink's filings, available via the United States Securities & Exchange Commission.
SOURCE: Edulink Inc.
Edulink Inc.
Stuart Smith, 760-643-1946
info@smallcapvoice.com
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Edulink Inc. Announces Acquistion of an End-to-End Publishing and Distribution Operating System, Galaxy Library, from Ion Systems Inc.
WEDNESDAY, MARCH 10, 2004 2:30 PM
- BusinessWire
MYIQ
0.0042 -0.0001
SANTA MONICA, Mar 10, 2004 (BUSINESS WIRE) -- Charlie Guy, CEO of Edulink (MYIQ) , announced today the completion of a Memorandum Of Understanding to acquire the complete intellectual property of the GalaxyLibrary.com(R) from ION Systems Inc. The agreement also includes royalty free access to many of ION's patented applications and the content of GalaxyLibrary (www.galaxylibrary.com) that includes nearly 3,500 unique books. The closing date has been scheduled for April 1, 2004.
Tom and Jill Thomas founded ION Systems Inc. in 1992 as a software development firm to create a suite of fully integrated solutions that truly enhanced and empowered the way people use and access digital content (eKnowledge). As a part of the agreement, the Thomas' will remain as consultants to Edulink to leverage their experience in digital publishing, education and content distribution systems. Some of their patented solutions include:
eMonocle(TM): An XML interface viewer facilitating efficient reading of complex content.
Web Eyes(TM): Internet Explorer software that allows users to adjust type size easily, eliminates scrolling, and displays long documents in a book format.
GalaxyLibrary is a fully functioning end-to-end publishing and distribution system launched 5 years ago that bridges and serves both the digital and print publishing worlds. GalaxyLibrary offers publishers direct Internet control over every aspect of their content, and access to branded storefronts for retailers.
Charlie Guy speaking of this acquisition stated, "With the assistance of Roxann Caraway, president, of Edulink's new subsidiary, JAQKAR, who has worked with ION Systems Inc. for a number of years, and our publishing consultant, Harold Henke, we have identified GalaxyLibrary as one of the best operating end-to-end publishing and distribution systems available in the marketplace. This acquisition will provide Edulink with a fully functioning set of operationally tested applications that can then be integrated with our XML based eKnowledgeXchange core technologies in order to rapidly expand the revenue generating operations for our newly formed publishing services division."
Jill Thomas of ION stated, "As a former teacher, my goal has always been to create a system that enables people around the world access to current educational content regardless of their vision needs, physical challenges, or choice of viewing device. With the combination of Edulink's XML database eKnowledge sharing system and GalaxyLibrary's functionality, we will be able to now provide the tools and learning resources for excellence in education where truly no child will be left behind."
The assets of this acquisition will be functionally merged with the content development and preparation services of JAQKAR. Harold Henke, Ph.D. will serve as principal consultant functioning as JAQKAR's acting chief operating officer in order to manage the integration process between JAQKAR and GalaxyLibrary.
About Edulink
Edulink's current business focus is on the near and long term opportunities to implement a series of revenue generating products and services built upon our knowledge sharing system's core technologies known as the eKnowledgeXchange. The company's focus is not limited to the US K-12 market, but includes implementation in the international education marketplace as well as the utilization of these same core technologies to deploy revenue-generating models outside of the education market.
Edulink's core technology system, developed by its technology integration partner SAIC, and market tested over the last several years, is based on the integration of the three core foundations for digital asset or eKnowledge management: Storage & Retrieval, Repurposing and Distribution. The eKnowledgeXchange will allow for the personalized, secure and managed delivery of enhanced digitized assets or eknowledge utilizing one of our four proprietary delivery systems: the Internet, CD-ROM/DVD, Traditional Print, or e-Print on Demand. eKnowledge is knowledge, as it exists in a profoundly networked world. It is not just a digitized collection of knowledge. eKnowledge consists of knowledge objects and knowledge flows that combine content, context, and insights on application. The new Web site is located at http://www.eknowledgexchange.com/.
This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the ability of Edulink Inc. to grow its related businesses, consummate potential financing arrangements and/or consummate anticipated service or distribution or acquisition agreements. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the limited operating history of Edulink, the company's limited financial resources, domestic or global economic conditions, activities of competitors and the presence of new or additional competitors, and conditions of equity markets. More information about the potential factors that could affect Edulink's business and financial results is included in Edulink's filings, available via the United States Securities & Exchange Commission.
SOURCE: Edulink Inc.
Edulink Inc.
Stuart Smith, 760-643-1946
info@smallcapvoice.com
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Edulink Announces Charlie Guy as New Member of Board Of Directors
MONDAY, MARCH 08, 2004 4:13 PM
- BusinessWire
MYIQ
0.0046 -0.0008
SANTA MONICA, Calif., Mar 8, 2004 (BUSINESS WIRE) -- Edulink Inc. (MYIQ) announced today the appointment of Charlie Guy, CEO, to replace Dr. Ronald Rescigno as a member of the Board of Directors.
Michael Rosenfeld, co-founder and current Chairman of the Board, stated:
"Ron Rescigno co-founded this company with a vision to provide a total virtual schoolhouse, or a one-stop solution for the K-12 education market. In the process of attempting to implement this vision, a powerful knowledge sharing system was created for the company by SAIC that can uniquely serve as the core technology for any desired education portal or learning management system implemented by schools, school districts, or states.
"Charlie Guy, who joined the company initially as a consultant after years of working within the education technology market, has led the company in a refocusing process to better leverage the value of this core technology. In recognition of the successful impact of Charlie Guy's management influence upon the future direction of the company, he was appointed CEO in June of 2003. All the members of the Board approved this appointment, except Dr. Rescigno, who had previously nominated his son, Ian Rescigno, for this position. Based upon the formal interviews held at that time by several key investors, Ian Rescigno's candidacy was rejected.
"As we approach the move from a research and development firm to that of an operating company, Charlie Guy has better positioned us to move in a manner that allows us to work in association with, and not compete against, the vast number of education technology vendors selling educational learning resources and learning management tools. This strategy provides us with increased ability to leverage the core strength and unique competitive advantages of our system. The path now taken also provides us with the best opportunity to penetrate other niche markets, such as 'publishing services' and for that reason the Company acquired Jaqkar, Inc. and is now in negotiations with another company to acquire one of its divisions which would add significantly to Edulink's ability to penetrate this niche market.
"The company's refocusing process was a departure from the initial goal of building a virtual schoolhouse and as a result, neither Dr. Rescigno nor his son, Ian Rescigno, have actively participated in or contributed significant value to company operations. Based upon the new focus and the Company's current limited cash position, Charlie Guy is working with vigor and vision, while deferring compensation and advancing funds himself for the benefit of the Company, all due to his belief in the future of Edulink. Based on Charlie's efforts, the Company is in the process of negotiating terms for potential financing arrangements."
About Edulink
Edulink's current business focus is on the near and long term opportunities to implement a series of revenue generating products and services built upon our knowledge sharing system's core technologies known as the eKnowledgeXchange. The Company's focus is not limited to the U.S. K-12 market, but includes implementation in the international education marketplace as well as the utilization of these same core technologies to deploy revenue-generating models outside of the education market.
Edulink's core technology system, developed by its technology integration partner SAIC, and market tested over the last several years, is based on the integration of the three core foundations for digital asset or eKnowledge management: Storage & Retrieval, Repurposing, and Distribution. The eKnowledgeXchange will allow for the personalized, secure and managed delivery of enhanced digitized assets or eKnowledge utilizing one of our four proprietary delivery systems: the Internet, CD-ROM/DVD, Traditional Print, or e-Print on Demand. eKnowledge is knowledge, as it exists in a profoundly networked world. It is not just a digitized collection of knowledge. eKnowledge consists of knowledge objects and knowledge flows that combine content, context, and insights on application. The new Web site is located at http://www.eknowledgexchange.com/.
This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the ability of Edulink Inc. to grow its related businesses, consummate potential financing arrangements and/or consummate anticipated service or distribution or acquisition agreements. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the limited operating history of Edulink, the Company's limited financial resources, domestic or global economic conditions, especially those relating to the operations in China, activities of competitors and the presence of new or additional competitors, and conditions of equity markets. More information about the potential factors that could affect Edulink's business and financial results is included in Edulink's filings, available via the United States Securities & Exchange Commission.
SOURCE: Edulink Inc.
Edulink Inc.
Stuart Smith, 760-643-1946
info@smallcapvoice.com
Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.
Copyright (C) 2004 Business Wire. All rights reserved.
Thanks, I've updated the iBox.
John
Their new web address is: WWW.EKNOWLEDGEXCHANGE.COM
Does anyone know anything about the proposed Bloomen deal??
Did it bump into problems? It sounded like it should have been finalized by the end of January....also, did their website change address????
My sentiments as well.
Buy 'em cheap and stash 'em is a good policy.
John
Found the following on RB:
By: ctownson
10 Feb 2004, 02:04 PM EST
Msg. 34519 of 34523
Jump to msg. #
I spoke to Roxanne at the Jaqkar publishing arm of Edulink. She was extremely optimistic. She said they have several big deals in the works and several smaller ones, but they're not ready to announce yet. She said she thinks this is going to be a very good year for Edulink.
It will be interesting to see what happens now.
It broke the .007 mark after just over a month of playing with that mark. Now the question is: will it stop here or keep going lower? Time will tell.
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