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Another tidbit to read.
During the nine months ended September 30, 2003, the Company issued 900,000
common shares for $225,000 of cash proceeds or $0.25 per share. These
shares were issued pursuant to an October 18, 2002 Private Placement
Memorandum (see further discussion at Note 6).
Just took a quick glance at recent 10Q, How do we get into the consulting buisness?LOL!
Investor Relations.
http://www.gkis.com/investor_relations.html
Press Releases.
http://www.gkis.com/articles.html
This had a small S-8 0f 1.6M shares on 11/10...why
the price is low now.
S-8 winding down and looks to be over.
Check the charts.
Earlier news...DD.
GKIG and NPI Sign Product Licensing Agreement
HOUSTON--(BUSINESS WIRE)--Oct. 13, 2003--GK Intelligent Systems, Inc. (OTCBB:GKIG) announced that on October 10, 2003, it signed an agreement with NPI Management Group, Inc. (NPI) granting NPI exclusive global distribution rights to GKIG's award-winning software product, "Around the Web in 80 Minutes." Terms of the four-year agreement call for NPI to invest a minimum of $50,000 through GKIG for upgrades to the current software. GKIG will receive 15% of gross receipts from software sales through NPI and NPI will receive 85%. GKIG will serve as master contractor for all product enhancements. The move is geared to generate ongoing revenue by leveraging existing GKIG resources.
GKIG and "Around the Web In 80 Minutes" were selected "best new technology," "best retail marketing strategy" and "best overall for show" at the Retail XChange conference in February 1999. The product was distributed internationally by three of the largest software distributors in America.
Many Americans have become accustomed to using the Internet. According to the US Census, 71% of the U.S. population was online by the year 2000. IDC, the global market research firm, predicts that 80% of Americans will use the Web at least once a month by 2006. Beyond the United States, Internet usage is increasing globally. IDC estimates that there are approximately 600 million people worldwide using the Internet. NPI intends to target this user base.
NPI is a private management company based in Austin, Texas, specializing in marketing products internationally. "We're excited about 'Around the Web In 80 Minutes,'" said Juan de Pombo, NPI President and CEO. "The international market for teaching people about the Internet is large, so we believe this is a great opportunity."
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 that 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.
For further information, please contact Deanna Slater at 713-972-1454.
Visit the GKIS Web site at: http://www.gkis.com/
CONTACT: GK Intelligent Systems, Inc.
Deanna Slater, 713-972-1454.
KEYWORD: TEXAS
INDUSTRY KEYWORD: SOFTWARE E-COMMERCE INTERNET MARKETING
AGREEMENTS
SOURCE: GK Intelligent Systems, Inc.
Copyright © 2003 Business Wire. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission.
News Copyright © 2003 Interest!ALERT All rights reserved.
More info...related news.
Recording Artists Worldwide is Formed as New GKIG Subsidiary
HOUSTON- --(BUSINESS WIRE)--Oct. 27, 2003--GK Intelligent Systems, Inc. (OTCBB:GKIG) announced that on August 27, 2003 it created a new subsidiary, Recording Artists Worldwide, Inc. (RAWW). RAWW will be a creator and distributor of both live and recorded music media using GKIG's state-of-the-art personalization technologies. RAWW will also license its advanced technologies and systems to suppliers of music-oriented goods and services.
Cost and convenience are the two primary factors driving the rapidly changing music market. The RAWW business model will feature a profitable and convenient alternative to the existing music industry production, marketing and distribution system that can be scaled to meet the demand of a large global market. "Music is the world's universal form of communication," stated the Recording Industry Association of America (RIAA) recently. "It touches every person of every culture on the globe to the tune of $40 billion annually, and the U.S. recording industry accounts for fully one-third of that world market."
RAWW may open the door to a new level of relationship between music consumers and suppliers while introducing a new form marketing that could become the standard for the future. "Every fan's dream is to personally meet and talk to the stars he or she admires," said Gary Kimmons, GKIG President and CEO. "RAWW will uniquely acknowledge this fact by giving music enthusiasts exactly what they want, including their favorite music for free, and a whole new realm of 'up close and personal' experiences, products and services previously unavailable."
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 that 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.
For further information, please contact Deanna S Slater at (713) 972-1454.
Visit the GKIS Web site at: http://www.gkis.com/
Speculative Buy Rating inside...more info.
GK Intelligent Systems, Inc. Releases Analyst Report
Monday October 27, 4:02 pm ET
HOUSTON--(BUSINESS WIRE)--Oct. 27, 2003--GK Intelligent Systems, Inc. (OTCBB:GKIG - News) today released the results of a report on their company, recently initiated by GK Intelligent Systems, and prepared by analyst Howard N. Stillman on Oct. 24, 2003. The complete, unedited text of that report is as follows.
SYMBOL: GKIG.BB SPECULATIVE BUY
PRICE OBJECTIVE $0.50 - $1.00
PRICE $0.08
52 WEEK RANGE HIGH $0.23 LOW $0.05
CAPITALIZATION
Common Stock Outstanding 26 million approximate
Float 5 million
CORPORATE STRATEGY
Management has chosen an eclectic approach in developing software to mine the riches of the rapidly growing Internet and its millions of users worldwide. The software technology is based upon artificial intelligence that can provide a "virtual teacher" so that a student can learn any subject at their own pace. A license format is being employed to market its products and services, which can be applied on a worldwide basis. In this regard, the company signed a 48-month exclusive licensing agreement with the NPI Management group of Austin, Texas. Terms call for a payment to GKIG of $50,000 and up to an additional $150,000 if necessary. The company will receive a 15% royalty on gross revenue over this time period. The license is for "Around the Web in 80 Minutes," its award-winning software product designed to teach people how to fully utilize the Internet. NPI Management consists of personnel with considerable experience in marketing products internationally. Current estimates are that around 600 million people worldwide use the Internet and this user base will be targeted.
Currently, intensive negotiations are under way with the founder of MTV to introduce and market enhanced software products in the music and entertainment field. Music fans across the globe and the national entities that sell goods and services to these fans will be targeted. Recording Artists Worldwide Inc. (known as RAWW!) will give music fans of all ages an opportunity to interact with the stars they admire, download their available music for free, plus buy the goods and services and other memorabilia offered. It will also provide a platform to introduce new music groups. Beyond this, the company foresees major U.S. retailers participating in this new marketing tool utilizing free music as a lure to increase potential customers to their respective establishments. The company will benefit from all these applications on an ongoing royalty basis.
On the horizon are interactive applications of its software for virtual teaching on any subject similar to the way students would learn from a human teacher. Also, interactive systems using big league baseball to reach out to worldwide fans similar to the music field and all it encompasses. Gary Kimmons, CEO and President, has more than 20 years experience in the field. Key parts of the software development are attributable to Jack Crosscope, PhD, who has considerable experience in the artificial intelligence field including AT&T's work in the area, Java-based intelligent web applications and visual design tools for B2B e-Commerce development.
Outlook:
The shares at current levels are suitable for risk-oriented investors seeking speculative capital gains.
Howard N. Stillman
Security Analyst
(This report is read at your own risk. It was prepared for a fee of $3,000. It is based upon information believed to be reliable, but cannot be guaranteed as to its accuracy or completeness.)
Howard N. Stillman was retained by GK Intelligent Systems, Inc. to conduct an independent analysis of the company. He received a payment of $3,000 for his services.
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 that 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.
For further information, please contact Deanna S Slater at 713-972-1454.
Visit the GKIS Web site at: http://www.gkis.com/
--------------------------------------------------------------------------------
Contact:
GK Intelligent Systems, Inc., Houston
Deanna S Slater, 713-972-1454
http://www.gkis.com/
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