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Subjex Corporation (fka SBJX) RSS Feed

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11
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Posts (Total)
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Created
08/14/05
Type
Free
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Company Web Site: 

http://www.subjex.com

 

 

Recent Developments

Subjex Corporation has recently become part of a technology collaboration development project with the US Business Authority (www.usbusinessauthority.com). USBA's aim is to bring human interactive artificial intelligent CSR/CRM solutions like "AiNDEE" which, to its select clientele, thus creating 24/7/365 revenue share opportunities with the end clients. The U.S. Business Authority's unique intelligence gathering methodology and capabilities, allow them to effectively identify and deliver strategic business solutions, which reveal unprecedented new revenue share opportunities while also substantially decreasing both net and gross attrition rates across the board in our end clients business.

Recently the Company has become engaged with Qubitrage LLC "Qubitrage" a Nevada based hedge fund to monetize the "FMS" (Forecast Market Software) technology. In exchange for the exclusive use of the FMS technology Qubitrage agreed to give all earned fees (2% annual management fee and 20% performance fee) to the Company. This agreement is designed to create a revenue stream to the Company in direct proportion to the success of the FMS technology in the markets and the funds under management. Therefore the Company has agreed to market the hedge fund at its own expense. Further the Company has provided its CEO, Andrew Dean Hyder as the fund manager. Mr. Hyder will not receive any additional compensation for this duty.

FMS (Forecast Market Software) is based upon a proprietary artificial intelligence trade timing engine invented by Andrew D. Hyder. Subjex Corporation licenses the algorithm processes for its FMS product from its Chief Executive Officer, Andrew D. Hyder, on an exclusive 10 year self-renewing contract basis.

FMS has proven to be successful in terms of its long term objective of generating positive returns. The performance of FMS has been exceptional in terms of percentage returns in 2006 in which it generated an audited 70% return. However the software did undergo problems in the 4 th quarter of 2007 in which all the gains for 2007 were lost in this quarter. Therefore the net result of 2007 was a loss of 23%. Management proceeded to reengineer the software based on the original algorithm more closely. As a result of the reengineering, management now believes that FMS will perform more in line with 2006 results. This is evident to management since the final enhancements were made on Feb 15 th 2008. Since this time FMS has taken only small trade losses, and has earned over 58% for its clients in 2008 and 7% for the first quarter of 2009. The Company does not plan on making future changes to FMS now that it is performing as desired. However as with any system in the markets, there are risks associated with any investment.

 

 

Subjex Corp.
3010 Hennepin Ave S
Suite 297
Minneapolis, MN 55408

http://www.subjex.com

Phone: (952) 931-0501

E-mail: info@subjex.com

 

.





 


Share Structure

AS 200 million shares

OS 167.44 million shares

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7949977


 


 

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