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MYIQ has had a steady month with the high of .01 and .007 as the low. Looking at the six month chart range one can see how steady this past month has been. IMO if it continues to hold here than in the near future we could see the price increase above .01 and hold there for awhile.
Hello everyone. I have been out a lot the last half of last year but am hoping to be able to check in here more now that the new year has started. I had a fair year last year in the the market and I am hoping that this year is good like last year. Hope all have a great year.
Edulink, Inc. Announces Agreement to Acquire Bloomen, a Leading Educational Company in China With Projected Revenue for 2004 of Over $10 Million
SANTA MONICA, Calif., Jan 8, 2004 (BUSINESS WIRE) -- Charlie Guy, CEO of Edulink, Inc., (OTCBB:MYIQ), announced today the signing of a definitive agreement with BonAirGroup Limited, the sole shareholder of Bloomen Limited d/b/a ICUrls.com, operating in China and formerly called OnLine Education Network, a Division of HRDQ, China, relating to Edulink's acquisition of 100% of the stock of Bloomen in return for shares of Edulink's common stock. The number of shares of Edulink's common stock to be issued is conditioned upon various factors which include, among other things, the market price during the five business days prior to closing the transaction and the revenue generated by Bloomen during 2004. The closing is scheduled for January 31, 2004 and is conditioned upon the approval of Edulink's Board of Directors after reviewing and approving additional due diligence materials now being provided by Bloomen, including audited financial statements, material agreements and patent documentation.
Bloomen is a leading online learning platform and provider of technology and services to educational markets in China. Bloomen currently has a customer base which includes in excess of 2,000 schools, 2 million students, 1 million parents, 45,000 teachers and 840 enterprises. Bloomen has generated revenue in 2003 of $1,800,000 (unaudited), and projects revenue in 2004 of over $10 Million.
The acquisition agreement follows a Memorandum of Understanding which was concluded in November, 2003. It is intended that following the closing of the acquisition, ICUrls.com will operate as a subsidiary of Edulink, with Bloomen's current management to remain in place.
Michael Rosenfeld, Chairman of Edulink, stated: "Our second stage due diligence activities over the last six weeks only reinforced our view that with the integration of our eKnowledgeXchange System and Bloomen's Platform, the existing Bloomen penetration into the ever growing education and corporate training markets in China should increase in a manner which well exceeds current expectations, meaning corresponding increases in pre-acquisition projected revenue and profits."
Charlie Guy reiterated his prior statement that, "This acquisition would be consistent with our goal in moving to penetrate education markets outside of the US. In this particular case, the acquisition would immediately provide significant net profits to Edulink and thus great value for our shareholders. Moreover, the integration of portions of the technology applications included within the Bloomen Platform, when integrated into our System, should serve to reduce the development costs we had anticipated expending for purposes of exploiting our System in other vertical markets."
About Bloomen
Bloomen is a leading online learning platform and provider of technology and services to educational markets in China. The Company designs, builds and supports some of the most successful, fully online degree, certificate and corporate training development programs in the China. Bloomen's customers include public and private universities, school districts, community colleges, and government agencies of education. The Company was founded in 2001 and is headquartered in Guangzhou, China. For more information, visit www.ICUrls.com. Bloomen's online platform content management system has established a process for institutions to manage create, edit, approve and publish content to ensure quality control and productivity, and allows a content object to exist across multiple courses, departments and schools, yet be updated in one central location, so teachers can easily reuse content throughout their programs. The platform enables course authors to retrieve previous versions so they can track and review the history of changes made to the content object to confirm quality and accuracy. The platform gives administrators permission to easily see where content is being used across the campus so they can verify standardization and ensure quality. It provides a framework for professional and consistent content delivery, so teachers can efficiently facilitate more advanced course authoring.
Bloomen, through IC China network, links educational and training services to local communities across China.
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 www.eKnowledgeExchange.com.
SOURCE: Edulink, Inc.
Edulink, Inc.
Stuart Smith, 760-643-1946
info@smallcapvoice.com
Edulink, Inc. Announces Completion of Jaqkar Acquisition
SANTA MONICA, Calif., Dec 3, 2003 (BUSINESS WIRE) -- Edulink, Inc. (OTCBB:MYIQ) announced today the closing of the acquisition of 100% of the issued and outstanding shares of Jaqkar, Inc. common stock in exchange for a total of 10 million shares of Edulink, Inc.'s restricted common stock. Jaqkar will operate as a wholly owned subsidiary of Edulink, with Roxann Caraway remaining as president of the new Edulink subsidiary.
Jaqkar operated as a privately owned publishing services firm and developed unique approaches to bundling an array of services which provide simple and economical solutions for complex content development and distribution problems faced by publishers due to the convergence of the print media and digital worlds.
Jaqkar's founder and president, Roxann Caraway, in defining one of the prime markets for Jaqkar's services, stated: "One of our primary targets is a very large group of accidental publishers, meaning firms and organizations not primarily in the publishing business, but nevertheless requiring distribution channels that provide constituents of these firms and organizations with access to the resultant digital content developed for them by Jaqkar." A current client example: the American Association on Mental Retardation (AAMR) http://www.disabilitybooksonline.com.
Ms. Caraway further commented on this market's potential, "According to the American Society of Association Executives, there are approximately 10,000 quality non-profit trade and association accidental publisher prospects in the U.S. Since over 35% of these entities are located within a 100-mile radius of Washington, D.C., we are now taking aggressive steps to penetrate this valuable market by offering our efficient services in a very organized manner."
Ms. Caraway continued, "We also have developed a growing market of specialty publishers which require their content to be developed and delivered digitally through either the CD-ROM/DVD system we have created or through a Web-based system. The integration of the eKnowledgeXchange system and our developed system provides a very unique and compelling opportunity for us to capture this other growing market."
Edulink CEO Charlie Guy, speaking of the completed acquisition, stated: "During the completion of this transaction, we have, with Roxann's help and guidance, begun to make great strides in leveraging our combined organizations' strengths. Ms. Caraway's recruiting of the services provided by Harold Henke have been of immense importance as we begin to formally explore the acquisition of additional technologies that will allow us to better serve the accidental publishers market. We believe that these efforts will yield some very immediate new revenue generating capabilities to the Jaqkar publishing services division of eKnowledgeXchange."
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.
SOURCE: Edulink, Inc.
SmallCapVoice.com
Stuart Smith, 760-643-1946
info@smallcapvoice.com
Edulink Announces the Addition of Jeff Miesbauer as Acting Chief Financial Officer
SANTA MONICA, CA, Nov. 12, 2003 (MARKET WIRE via COMTEX) -- Edulink, Inc. (OTC
BB: MYIQ) announced today the addition of Jeff Miesbauer as the acting Chief
Financial Officer for the Company. Mr. Miesbauer's responsibilities include
implementing a new internal management information system, assisting the
Company's CEO, Charlie Guy, in the preparation of Company budgets, providing
economic analysis of proposed terms of license agreements, and conducting due
diligence for the Company in connection with proposed acquisitions.
Charlie Guy speaking of the addition of Mr. Miesbauer said, "I am very excited
to work again with Jeff as he brings to Edulink not only an excellent corporate
public accounting background, but also a very detailed experience in the process
of integrating financial management systems into technology business endeavors.
Additionally, his merger and acquisition experience will be most helpful to us
at a time that we are developing a strategy on acquiring additional intellectual
properties through such activities."
Mr. Guy further stated, "Having worked with Mr. Miesbauer, I know that he has a
wealth of knowledge and experience in creating and implementing financial and
operational controls for high volume transactional environments. He has the
experience to provide me, as CEO, with the tools necessary to efficiently
convert a development stage company into an ever- expanding operational
enterprise. It is imperative for us to make decisions that consider both the
short and the long-term financial consequences. We are very fortunate to have
Mr. Miesbauer join our team."
Mr. Miesbauer is a fifteen-year veteran of the technology, financial
processing/services, and public accounting sectors. He began his career at
Arthur Andersen & Co.'s Audit Division with an emphasis on Insurance and
Banking. Mr. Miesbauer entered the private sector with Equifax's Payment
Services Division.
Mr. Miesbauer, a graduate of the University of Wisconsin with a Bachelors of
Science degree in Accounting and Finance, is a Certified Public Accountant,
Certified Information Systems Auditor, Certified Management Accountant, and
Certified Internal Auditor.
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.
Contact:
Stuart Smith
for Edulink, Inc.
(760) 643-1946
info@smallcapvoice.com
SOURCE: Edulink, Inc.
The "Subway", etc., PRs in their NEWS listings.
John
The open should be interesting to say the least. I loaded up on it last week didn't notice the pump job where did you see that?
Yeah.
It looks like the MFMMMs are setting up for aa GAP in the morning.
I didn't buy any last week because of all the el-Pumpo outfits that were listing it. Oh well..............
I really like the MYIQ concept, and it looks like that new marketing dude is really making a difference.
John
TEST-WEEKLY CHART..
In @ .0072..MoneyFlow, Volume, MACD going up..
ready to rock and roll, IMO.
http://finance.yahoo.com/q/ta?s=MYIQ.OB&t=3m&l=on&z=l&q=c&p=e200,e50&a=m26-1...
dd
good to see somebody else is watching this little guy, tell me, what all do you see for a future near term and long term?? do you think reaching .02 in the short term is dreaming? for the short term my target is .015-.0175 after it gets off of this bottome here which it may or may not sit at for a few days. it seems to me also they are about due for a PR sometime soon because of some of the past PR's, what are your thoughts?
Press ReleaseSource: Edulink, Inc.
Edulink Announces Re-Branding of the Company to eKnowledgeXchange
Monday September 29, 9:00 am ET
SANTA MONICA, CA--(MARKET WIRE)--Sep 29, 2003 -- Edulink, Inc (OTC BB: MYIQ)
Charlie Guy, CEO, of Edulink, Inc., has announced today that the initial re-branding of the company to eKnowledgeXchange has been completed and that the new Web site is located at www.eknowledgexchange.com.
The company is now working with Don Norris and his international consulting group (Strategic Initiatives, Inc. www.strategicinitiatives.com) consisting of world experts in the knowledge management sector. This relationship was initiated to place the company in a better position to leverage its core technologies in both the education marketplace as well as other business marketplaces, such as the publishing services industry.
ADVERTISEMENT
Charlie Guy speaking of the process said, "Just creating a new Web site was not our primary goal. We were much more interested in creating a new brand that would better speak to the uniqueness of our proprietary core technologies that were developed by one of the world's foremost technology firms, SAIC. This is just the beginning of a process that by its very nature will evolve and mature as we develop even more exciting uses for these core technologies, all to attract meaningful additional customer bases, thus giving the company the opportunity to generate revenue from numerous applications of its same core technologies. That is my mission."
PR for July 23, 2003
Edulink, Inc Announces Acquistion of Publishing Service Firm, Jaqkar, Inc.
WEDNESDAY, JULY 23, 2003 9:01 AM
- PrimeZone
SANTA MONICA, Calif., Jul 23, 2003 (PRIMEZONE via COMTEX) -- Edulink, Inc (MYIQ) announced today the completion of an agreement to acquire 100% of the issued and outstanding shares of Jaqkar, Inc. common stock in exchange for a total of 10 million shares of Edulink, Inc.'s restricted common stock. The closing date has been scheduled for August 1, 2003. Jaqkar will operate as a wholly owned subsidiary of Edulink.
Jaqkar, a privately owned publishing services firm, has developed unique approaches to bundling an array of services which provide simple and economical solutions for complex content development and distribution problems faced by publishers as a result of the convergence of print media with the digital world. Jaqkar's projected revenue for the fifteen month period August 1, 2003 through October, 2004 is in excess of $950,000 based upon current service and distribution agreements as well as service and distribution agreements currently being negotiated with both existing and new customers. These projections do not take into account anticipated shares of revenue from the actual sales of customers' content through Edulink's eKnowledgeXchange system, nor do the projections take into account the exponential increase in market demand for development services of the type provided by Jaqkar.
Jaqkar's Founder and President, Roxann Caraway, shall continue as President of the new subsidiary, with her compensation package consisting of a share of the subsidiary's net profits and stock and stock options vesting over a three year period. In defining one of the prime markets for Jaqkar's services, she stated: "We have learned that there exists today a very large group of accidental publishers, meaning firms and organizations not primarily in the publishing business, but nevertheless requiring distribution channels which provide constituents of these firms and organizations with secure as well as public access to the resultant developed digital content." A current client example: the American Association on Mental Retardation (AAMR) http://www.disabilitybooksonline.com.
In addition to the so-called accidental publishers market, Jaqkar has developed a growing market of specialty publishers wishing to develop and deliver their content digitally either through Jaqkar's CD-ROM/DVD system or through a web based system. Current client examples: Equilibrium Press; Development and distribution: Magna Law Publishing, Fire Mountain Press http://www.firemountainpress.com, Portland State University, and NOVA Press.
Charlie Guy, Edulink's CEO, speaking of the acquisition stated: "We are very excited about the vast knowledge and experience that Jaqkar brings to our organization, as well as the current projected revenue and the anticipated potential growth of that revenue stream resulting from increasing market demands and the added functionalities Jaqkar will be able to offer through our knowledge sharing system's core technologies. We believe that Jaqkar will become a key component as we implement a series of expanded revenue generating products and services built upon our eKnowledgeXchange system. Jaqkar's experience in developing and testing its unique CD-ROM/DVD digital delivery system with Portland State University provides us with a very complementary use for our core technologies. We also believe that the services Jaqkar provides will help us in properly focusing on the use of our technologies as we expand to the Traditional Print, and e-Print on Demand delivery methods.
Speaking of this opportunity, Roxann Caraway added: "As the accidental publishers have recently become more aware of the benefits and cost savings resulting from the conversion to XML of their content to be distributed to their clients and/or constituents, we realized that to keep pace with this market, we would need to add additional functionality and capacity. Edulink's eKnowledgeXchange will provide us with this needed functionality. In addition, knowing that Edulink's system is integrated with the underlying native XML database currently being used by the US Department of Defense assures us of the needed scalability for which we were searching in order to meet the ever-increasing needs of our targeted markets"
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.
FORWARD LOOKING STATEMENT: This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the ability of Edulink, Inc. and Jaqkar, Inc.to grow its related businesses and/or consummate anticipated service or distribution 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 as well as Jaqkar, the limited financial resources, domestic or global economic conditions, especially those relating to the publishing industry, 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
EduLink, Inc.
Stuart Smith, for
(760) 643-1946
info@smallcapvoice.com
(C) 2003 PRIMEZONE, All rights reserved.
Better late than never. Just notice this morning this announcement. Have not let had a chance to read it but hope to do so this evening.
Mike Rosenfeld Featured in Interview on SmallCapVoice.com
MONDAY, JULY 21, 2003 10:48 AM
- PrimeZone
SANTA MONICA, Calif., Jul 21, 2003 (PRIMEZONE via COMTEX) -- Edulink, Inc (MYIQ) announced today that co-founder, Mike Rosenfeld, was featured in an interview on SmallCapVoice.com. Mr. Rosenfeld answered shareholder questions, discussed the company's focus and new applications for its existing technology. The interview is available online at http://64.176.182.15/myiq/myiq_7_18_03.html.
On another front, CEO Charlie Guy has issued a "Letter from the CEO" updating and explaining the company's focus and new endeavors. Mr. Guy had this to say, "We are now engaged in our aggressive fast track efforts to move from an R & D firm to a revenue generating operational company by implementing a strategy based upon our efforts to productize our core technology, a knowledge sharing system, into both current and future recurring revenue models."
The letter is available online at http://64.176.182.15/myiq/letter_from_ceo.pdf.
You will need Adobe Acrobat to view the file. You may download Adobe Acrobat Reader for free here http://www.adobe.com/products/acrobat/readstep2.html.
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.
SOURCE: SmallCapVoice.com
SmallCapVoice.com
Stuart Smith, for EduLink, Inc.
(760) 643-1946
info@smallcapvoice.com
(C) 2003 PRIMEZONE, All rights reserved.
PR for July 14
Edulink Announces Agreements to License, Test and Customize its Education Applications for use in Russia and Former USSR Territories
MONDAY, JULY 14, 2003 11:21 AM
- PrimeZone
SANTA MONICA, Calif., Jul 14, 2003 (PRIMEZONE via COMTEX) -- Edulink, Inc (MYIQ) announced today that it has concluded two agreements, one with the Institute of Open Education (formerly Moscow Center for Teacher Training and Development) and the other with Learning Probe International LLC and its designated partner, the Moscow Institute of New Technologies.
Edulink has granted to Learning Probe and its partner, the Moscow Institute of New Technologies ("INT"), the license and the right to sublicense two of Edulink's collaborative learning tools to schools and educational institutions throughout Russia and the other territories of the former USSR. In addition to fees and shares of revenue, part of the consideration for the license includes Learning Probe's contribution of programming services through its partners in Russia to customize and translate the software applications. Learning Probe and its partner in this project, INT, are in the business of identifying software and other resources suitable for use by Russian educators and students, localizing and translating those resources and then sublicensing the localized versions to educational institutions in Russia and the Other Territories.
Edulink has also granted the right to sublicense Edulink's knowledge sharing system, now referred to as its eKnowledgeXchange, through a joint venture to be formed with Learning Probe under terms which shall include the payment to Edulink of license fees and a share of the joint venture's revenue. As an integral part of the joint venture agreement, the services of the programmers in Russia will be used to customize various portions of the software for use in Russia and The Territories. In each instance, the programming work of Learning Probe or its affiliates or partners will be performed in coordination with Edulink and its technology partner, SAIC. Edulink will own any modifications made to the software with the right to incorporate the modifications in advanced versions of its eKnowledgeXchange.
The Moscow Institute of Open Education is one of the Russia's leading education and teacher training organizations providing in service training to nearly 30,000 teachers a year from all 1,500 Moscow schools as well as from schools outside Moscow. The Institute has agreed to test Edulink's software applications and during the next few months will provide recommendations and reports. Additionally, the Institute has agreed to assist Edulink in the preparation of teacher and student materials necessary for the successful adaptation of Edulink's applications in Russian classrooms. Edulink has also agreed to test various software applications recommended by the Institute for use within Edulink's knowledge sharing system, eKnowledgeXchange.
Charlie Guy, Edulink's CEO, stated: "These agreements are very important to us and illustrate our very focused goal of introducing and implementing our products and services to education markets on a global basis and in the process accelerate our ability to generate revenue. In addition, obtaining the services of highly skilled technology programmers under the supervision of someone with the credentials of Boris Berenfeld, all with the assistance of our technology integrator, SAIC, is of great value as we customize and translate our software applications for use by people and institutions speaking different languages and working to satisfy many different standards and cultures."
Boris Berenfeld of Learning Probe and a significant member of Edulink's initial consulting team stated: "Having teachers and educators test and pilot EduLink's software applications through the Moscow Institute of Open Education is of great importance and a part of the overall plans of Learning Probe, INT and Edulink to facilitate an accelerated introduction of state-of-the-art education technologies into the education market throughout Russia and The Territories. The Institute is highly regarded by the Russian Ministry of Education as well as the Moscow City Government for it innovative works in the field of education technologies."
INT's CEO, Dr. Grigoriy Amirdjanov, said "We look forward to introducing to the Russian schools the localized versions of EduLink's innovative products. We are very selective in transferring best education technology practice to the large market of 68,000 Russian public schools and for that reason our products have been successfully implemented by the nation's best schools and are highly regarded by Russian teachers and educators. ."
ABOUT INT: The Moscow Institute of New Technologies was founded in 1989 by a group of prominent Soviet educators, scientists and mathematicians who came from the different branches of the Soviet Academy of Sciences and were previously involved with the Academy's Experimental School Project aimed to reform Soviet education system with technologies. INT works with the Russian Ministry of Education and Moscow State Department of Educations to develop strategies for the implementation and support of technology in Russian schools. In doing so INT identifies, translates and localizes the best education technologies developed by firms from many nations. INT works in the field of education technology innovations with the world's leading technology companies such Apple Computer and SIEMENS NIXDORF, and is an exclusive distributor in the Russian education market for such learning technologies companies as LEGO Dacta A/S, MEDIUM, ASK, Knowledge Revolution, Key Curriculum Press, LCSI, Spectra, Cornelson and others.
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 its 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 eKX will allow for the secure and managed delivery of enhanced digitized assets or eknowledge utilizing one of our four proprietary delivery systems: the Internet, CD-Rom, Traditional Print, or e-Print on Demand.
Safe Harbor under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission.
SOURCE: Edulink
Stuart Smith, for EduLink, Inc.
(760) 643-1946
info@smallcapvoice.com
(C) 2003 PRIMEZONE, All rights reserved.
July 9, 2003
Genesis Technology Group Signs Two US Companies
PRNewswire
June 17, 2003 (10:02 a.m. EST)
Genesis Technology Group Signs Two US Companies; Education and Energy Major Concerns of the Chinese
BOCA RATON, Fla., June 17 /PRNewswire-FirstCall/ -- Genesis Technology Group, Inc. (OTC Bulletin Board: GTEC), the first US-based Trust Member of the Shanghai Technology Stock Exchange, announced the signing of contracts with two US companies: EduLink, Inc. (OTC Bulletin Board: MYIQ) and Alternate Energy Corporation (OTC Bulletin Board: ARGY). Genesis and EduLink have agreed that Genesis will oversee EduLink's educational initiatives in China. Genesis and EduLink are in the process of constructing a master license and joint venture, which would make Genesis responsible for conducting all sublicensing activities in China, as well as providing all required support and maintenance. In return for Genesis' payment to EduLink of an advance against license fees which would be payable under the intended joint venture agreement, EduLink has agreed to refrain from entering into discussions with any other party during the next 90 days to the extent those discussions involve the implementation of EduLink's technology in China. The subject of the agreement is the implementation of EduLink's Knowledge Sharing System in China, a system which is based on the integration of the three core foundations for digital asset and knowledge management: Storage & Retrieval, Repurposing and Distribution. The primary focus for the use of EduLink's Knowledge Sharing System is currently the K-20 education market. EduLink's suite of software was developed with the assistance of Science Applications International Corporation (SAIC), its system integrator and technology developer for over the last three years. SAIC is the nation's largest employee-owned research and engineering company. Genesis President Dr. James Wang said, "Our initial market research suggests a substantial demand in China for online distance education that is growing to a billions-of-dollars industry per year in China. We believe EduLink can penetrate the Chinese education market with their technology and we intend to work diligently to work out the terms of a joint venture and then move to bring EduLink's unique system into China." EduLink Executive Vice President Michael Rosenfeld said, "EduLink's entry into the China markets must be carefully mapped out and executed. Genesis offers an extensive network in China. We certainly will use our best efforts to work out the details with Genesis over the next few months since we are confident that Genesis is the right company to lead us in our China initiatives." Genesis will assist ARGY in fundraising and conduct China initiatives for technology transfer and licensing. Alternate Energy Corporation's (AEC) patented technologies provide this increased power through reclaiming heat energy that is typically lost to the environment when producing electric power and reducing the cost. AEC technologies can enable the North American electric utility industry to produce more power without changing the industry's current level of operating costs. AEC plans to collect a percentage of the new revenues generated by these utilities. Dr. Wang said, "China is taking measures to promote energy conservation technologies to meet a tremendous demand for high-quality energy. China's annual consumption of coal, which accounts for 76 percent of the country's total energy resources for commercial use, is expected to triple by 2020, along with a rapid increase in the use of petroleum products." AEC CEO Mr. Blaine Froats stated, "We at AEC are looking forward to a long and profitable relationship with the Genesis Technology Group, Inc."
About Genesis Technology Group, Inc. Genesis Technology Group is a business development firm that fosters bilateral commerce between companies in the United States and Europe with those in China. Genesis has created successful profit centers in product development, manufacturing, distribution, joint ventures and operational services. Genesis has established effective working relationships with various governmental agencies, public institutions, and private industries in China at both national and provincial levels. For more information, visit http://www.genesis-technology.net.
About EduLink, Inc. EduLink was founded with a mission to create a seamless, integrated, and dynamic education service that stores and retrieves, re-purposes, and distributes vast amounts of different types of digital assets, such as text, pictures, audio and video files, which can then be utilized as learning resources for either educational or business purposes. EduLink's initial and primary goals are to help children learn more effectively and assist their educators in this quest. For more information, visit http://www.edu-link.com.
About Alternate Energy Corporation (AEC) AEC owns patented technologies that enable electric utility companies and large multi-national industrial companies (petroleum, chemical, mining, steel, pulp and paper, manufacturing, etc.) to increase their power output in some cases by up to 50% with significant decrease in cost. This is accomplished without increasing the amount of fossil fuel that is used, which provides two additional benefits: less dependency on imported fossil fuels and lower fossil fuel pollution levels. Both the cost and availability of fuel, and protecting the global environment are currently two of the highest profile issues on North American agendas. For more information, visit http://www.alternateenergycorp.com (it is under construction.)
This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the Company's ability to grow its business. 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 company's limited operating history, the limited financial resources, domestic or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, and conditions of equity markets. More information about the potential factors that could affect the company's business and financial results is included in the Company's filings, available via the United States Securities & Exchange Commission.
Contact:
Genesis Technology Group, Inc. Kenneth Clinton, Executive Vice President kclinton@genesis-technology.net Phone: 561-988-9880, ext. 302
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
SmallCapVoice: Market Advisors initiates coverage on EduLink Inc.
TUESDAY , JULY 08, 2003 07:34 AM
Pittsburgh, PA, Jul 08, 2003 (M2 PRESSWIRE via COMTEX) -- Market Advisors lead analyst, Jeff Helleberg has initiated coverage of EduLink Inc. (OTCBB: MYIQ).
Mr. Helleberg has been associated with the Market Advisors, a company that has been in business since the 70's. During the late 1980's and through the 90's, Jeff was the editor of the nationally syndicated news letter called The Marketarian Letter. Under Mr. Helleberg's guidance, The Marketarian Letter was rated numerous times by the Wall Street Journal, Hulbert Financial Digest and the Timer Digest, among others, as one of the best market timers, top bond timers and having one of the best model portfolios in the nation.
Mr. Helleberg stated "It is difficult not to see that technology will be a core component of all knowledge management and learning in years to come. There are many scenarios for a future state of knowledge and sharing and EduLink is in a position to affect their share of the market".
The report can be viewed at http://64.176.182.15/myiq/research_report.pdf
EduLink Inc. was founded with a mission to create a seamless, integrated, and dynamic e-knowledge repository and content exchange that enables the collection, retrieval, updating, re-purposing, managing and distribution of vast amounts of different types of digital assets, such as text, pictures, audio and video files, which can be utilized as learning resources for either educational or business purposes. EduLink's initial and primary goals are to help students learn more effectively and assist their educators in this quest.
For more information, visit http://www.edu-link.com.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports files with the Securities and Exchange Commission.
CONTACT: Jeff Helleberg, Market Advisors Tel: +1 800 381 4564 e-mail: jeffh@fisfin.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
(C)1994-2003 M2 COMMUNICATIONS LTD
Since the M & N keys are next to each other on the keyboard....:
1) the guy either fumble-thumbed his PR the first time
or
2) he intentionally fumble-thumbed his PR to get a double impact.
John
Anyone know what this means?
CORRECTING and REPLACING Market Advisors Corrects EduLink Inc. Ticker MYIQ sted MNYIQ
MONDAY, JULY 07, 2003 10:30 AM
- BusinessWire
SAN DIEGO, Jul 7, 2003 (BUSINESS WIRE) -- In BW5321, (CA-MARKET-ADVISORS) Initiates Coverage on EduLink Inc., EduLink Inc.'s ticker in first graph should be MYIQ (sted MNYIQ).
The corrected release reads:
Market Advisors Initiates Coverage on EduLink Inc.
Market Advisors lead analyst, Jeff Helleberg has initiated coverage of EduLink Inc. (MYIQ) .
Mr. Helleberg has been associated with the Market Advisors, a company that has been in business since the 70's. During the late 1980's and through the 90's, Jeff was the editor of the nationally syndicated news letter called The Marketarian Letter. Under Mr. Helleberg's guidance, The Marketarian Letter was rated numerous times by the Wall Street Journal, Hulbert Financial Digest and the Timer Digest, among others, as one of the best market timers, top bond timers and having one of the best model portfolios in the nation.
Mr. Helleberg stated "It is difficult not to see that technology will be a core component of all knowledge management and learning in years to come. There are many scenarios for a future state of knowledge and sharing and EduLink is in a position to affect their share of the market".
EduLink Inc. Was founded with a mission to create a seamless, integrated, and dynamic e-knowledge repository and content exchange that enables the collection, retrieval, updating, re-purposing, managing and distribution of vast amounts of different types of digital assets, such as text, pictures, audio and video files, which can be utilized as learning resources for either educational or business purposes. EduLink's initial and primary goals are to help students learn more effectively and assist their educators in this quest. For more information, visit www.edu-link.com.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports files with the Securities and Exchange Commission.
SOURCE: Market Advisors
Market Advisors
Jeff Helleberg, 800/381-4564
jeffh@fisfin.com
http://www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
Copyright (C) 2003 Business Wire. All rights reserved.
Hi Jmhollen,
Hope you have a great day today. I came across this link last night. Was wondering if you had seen it also.
http://www.edu-link.com/technologysummary.jsp?sidebar=technology
We are up to .015 today. Hope it stays up.
It would be nice if a base is forming in this range. At least it has remained above .01 for the present.
Thought all might be interested in this.
NO BBX
NASDAQ To Discontinue BBX Market
CompanyReporter.com Recieved this Email today from NASDAQ concerning the BBX.
NASDAQ's new management, led by President and CEO Robert Greifeld, has recently concluded a strategic review of its business initiatives. As a result of that review, NASDAQ has announced that it will focus solely on products and services that contribute to its mission to be the best stock market in the world for investors. After careful consideration and effective immediately, NASDAQ will discontinue its efforts to launch the BBX.
Additional initiatives NASDAQ plans to discontinue include:
NASDAQ Europe Shareholders of NASDAQ Europe voted to discontinue operation of the market. As a result of the decision, an orderly wind down of market operations will take place.
NQLX NQLX is a joint venture with the London International Financial Futures Exchange (LIFFE) to create a market for single stock futures and other futures products.
Liquidity Tracker Liquidity Tracker is an automated order routing system designed to allow traders to direct orders to specific market makers based on recent trading activity.
NASDAQ Tools NASDAQ Tools is an order management system for order routing and quote management.
We understand that the decision to discontinue the BBX may be disappointing, but the existing Over The Counter Bulletin Board (OTCBB) will continue its current operations that provide a quotation facility for companies that are current in their Securities and Exchange Commission (SEC) filings.
If you have questions, please call the BBX toll-free line, 877.BBX.LIST (877.229.5478) or email bbxinfo@thebbx.com.
Good morning all. Let's hope that MYIQ starts a turn around and starts moving back up from here.
Hope all have a great day.
Hi Jmhollen, will do.
Hi Investo,
If you beat me to it, please try to use the NEWS POST style that I usually do. Boldface+Italics for title, and boldface for first paragraph.
http://www.investorshub.com/boards/read_msg.asp?message_id=1103939
Thanks,
John
Thanks jmhollen, I will do my best. Just wish I could push this stock on up myself LOL.
When I find PR or notice anything I will try and post them right away for everyone to see.
No sweat, I'll remove one......................
Also, promoted you to a Director. Thanks for the board support.
John
Sorry about the double post. Forgot I had done that earlier today. Let's hope they stop at .01 and move it back up from there. The volume has gone down along with the pps.
Hope all have a great evening and a super tomorrow.
Thanks, Investo.
John
PR this morning for MYIQ
EduLink Announces Initial Members of its Consultancy Team
TUESDAY, JUNE 24, 2003 9:01 AM
- PrimeZone
SAN DIEGO, Calif., Jun 24, 2003 (PRIMEZONE via COMTEX) -- EduLink, Inc. (MYIQ) :
EduLink today announced the completion of consultancy agreements with Shawn Gross, Boris Berenfeld, Cathy Lockwood, Paula Cruz Takash and Justin Quis Quis. Charlie Guy, EduLink's newly appointed CEO, stated, "We are very pleased to have been able to create the first members of a team of recognized specialists we are forming to work with us in conjunction with our technology developmental partner, SAIC. Each of these individuals, and the others we intend to engage, will be of great assistance to us as we focus on implementing a series of revenue generating products and services built upon our Knowledge Sharing System. Our core system is based on the integration of the three core foundations for digital asset and knowledge management: Storage & Retrieval, Repurposing, and Distribution. This system will allow for the secure and managed delivery of enhanced digitized assets utilizing one of four delivery systems: the Internet, CD-Rom, Print, or Print on Demand."
Mr. Guy continued by stating that, "We are more than gratified that these individuals believe so deeply in our vision that they all have agreed to provide their services in return for stock and stock options, with no additional compensation provided, illustrating their commitment and belief in our company and our plans to move from the development stage to an operating, revenue generating enterprise. Three years ago, people invested in a dream based upon the company's promise to develop, with SAIC, a unique product that would bring great value to the process of educating and learning. After three years of R & D, the company is ready to deliver on that promise, and has appointed me as CEO with a mandate to take our unique Knowledge Sharing System to the global marketplace. I have a passion for education and I feel so very fortunate to be able to offer something that I know can be of such immense value to so many segments within the education processes. Offering a solution that can be of such great value to so many is itself rewarding. Adding to this mission, the opportunities we now have to generate significant revenues while creating a brand that could be recognized by my unborn great grandchildren makes my involvement in this whole endeavor something that I never thought possible."
Speaking of these consultants, Mr. Guy said:
"Shawn Gross, a member of our Board and the former National Education Manager for the Global Education & Research Division of Sun Microsystems and the former Director of the Education Technology Business Unit for TRW Systems & Information Technology Group, will be a great asset in assisting us to finalize our K12 market deployment plans and efforts into both the US and internationally. We believe that he can help us develop national alliances with hardware and software vendors, while also creating nationally best use case study opportunities.
"Boris Berenfeld is now working to assist us in licensing several of our learning tools and our core system throughout Russia and the countries within the former Soviet Union. A Russian born educator and biophysicist, he is a renowned authority on educational Technologies. He is co-founder and Principal Investigator of the Global Laboratory Project, an innovative telecommunications-based science curriculum funded by the NSF. Dr. Berenfeld is also co-Principal Investigator of the GLOBE program, which engages thousands of classrooms from thirty nations in authentic science investigations. Since 1990, Dr. Berenfeld has been a Senior Scientist for TERC, a leading educational research and development firm in Cambridge, Massachusetts. Before this he was a pioneer in linking Soviet and American schools via telecommunications.
"Cathy Lockman, while with Jostens Learning and Lightspan, demonstrated her abilities to successfully develop and manage systems for curriculum development and training, and also to create Internet products with accompanying staff training procedures. Her largest project was for NetSchools, where she developed and managed the staff development implementation process for the company's largest deployment (9,000 students) of wireless laptop computers in El Paso, Texas. Cathy will assist EduLink in refining its K12 product and service portfolio, while also developing the company's staff development model for integration into the schools.
"Dr. Paula Cruz Takash, Assistant Professor, UCLA Cesar E. Chavez Center for Interdisciplinary in Chicana and Chicano Studies, is going to assist us in obtaining bi-cultural and bi-lingual educational resources and in structuring the way those resources are interrelated so as to facilitate search and retrieval functionalities for researchers using an EduLink repository.
"Justin Quis Quis, a member of the San Pasqual Band of Mission Indians in San Diego County, California and a member of the tribe's Casino Executive Committee, is to assist us in implementing our core technology in Indian reservations throughout the United States for use by tribal members whether or not on the reservation."
To learn more about EduLink and hear the recent interview with CEO, Charlie Guy, please visit www.smallcapvoice.com.
About EduLink
EduLink was founded with a mission to create a seamless, integrated, and dynamic solution that stores and retrieves, re-purposes, and distributes vast amounts of different types of digital assets, such as text, pictures, audio and video files, which can then be utilized as learning resources for either educational or business purposes. EduLink's initial and primary goals are to help children learn more effectively and assist their educators in this quest. For more information, visit www.edu-link.com.
Safe Harbor Statement: Except for the historical information contained herein with regard to the past markets or research and development of EduLink's products, the matters in this news release contain forward-looking statements as defined in Section 27(A) of the Securities Act of 1933 and Section 21 (E) of the Securities Exchange Act of 1934, as amended. Such forward-looking statements and information involve risks and uncertainties, including but not limited to, primary customer order rates, cancellations, dependence on certain customers of the company's specialized business products, and late delivery of vendor supplies, equipment, or services, future financing or funds available to the company, that may cause production delays. Other certainties related to the company's business and securities, which are traded over the counter, are outlined in the information and materials available upon request, by contacting the company's Investor Relations Unit, either by website or telephone.
SOURCE: SmallCapVoice.com
SmallCapVoice.com
Stuart Smith
(760) 643-1946
info@smallcapvoice.com
Right subject, but I think you hit the wrong board....................................:
http://www.investorshub.com/boards/board.asp?board_id=1766
You're an Assistant there. Enjoy.
John
Title: ITC's iKNOW Lessons Top One Hundred
6/17/03 News on www.itclearning.com:
Falls Church, VA -- ITC Learning Corporation (Symbol: ITCC) announced today that its proprietary On-Line training solution (the iKNOW Libraries) has reached a total of 103 Lessons with the release of four new titles in the "Precision Measuring Instruments" industrial skills training Library.
The iKNOW On-Line model is ITC's answer to the growing needs of manufacturing and process industries that must increase the skills of its workforce in order to stay competitive. iKNOW is both AICC and SCORM compliant and is accessible 24x7 through either web access or within a company's own networking environment. iKNOW is the logical next step in a twenty-six year continuum for ITC which pioneered courseware in videotape, laser videodisc and CD-ROM.
ITC Founder Bill Walton stated, "Reliable On-Line training opens up more opportunities for effective learning than has been possible before. ITC initially spent six months in the analysis and design of its iKNOW model in order to ‘get it right.' iKNOW is affordable, always available and more universally effective. It is customizable and can be instantly updated. iKNOW allows ITC customers to buy only what they need and for any duration they choose. Finally, we now have a state-of-the-art training solution that will meet the needs of both large and small organizations, as well as the community colleges that serve them."
ITC develops and markets workplace learning for business, education and government and is headquartered in Falls Church, Virginia. With over 5,000 organizations worldwide using ITC's products and solutions to improve employee productivity and skills, ITC is recognized for its excellence in quality and support. ITC offers the largest libraries of interactive multimedia programs available today, with over 2,500 hours of training on Mechanical Maintenance; Electrical Maintenance; Instrumentation; Personal Computers; Environmental, Health and Safety; Office Security and Basic Skills.
I called them a couple of times, and everyone seemed to be working fairly hard at moving the ship along. Obviously the old CEO just didn't have what it takes, so the new guy seems to be making good progress now.
Sorry about your shares, I usually just sit on stuff like that because you never know when it will end up in a shell play or a buyout, etc.
John
John, I watched MYIQ a while ago as well. Didn't do anything but stagnate. Liquidated my position at a loss back then. Figured it was just another scam with a catchy symbol. LOL.
jmjollen, I guess we will just have to enjoy the rise in pps and look forward to the future. Maybe MYIQ will make our future a brighter one.
Live long and prosper
Investo,
I don't have a bloody clue as to what it will eventually do. But, I suspect well. Educational TV in the clsassroom, in the home, etc., etc., is extremely important due to the information overload that we all need to keep up with these days.
Having kids and grandkiddies in school, MYIQ just seemed like a natural winner from the first time I looked at it.
Lots of other companies are very busy getting all the schools hooked up; someone has to provide all the proramming.
John
Hi jmhollen, MYIQ closed up again today after reaching a new 52 week high of .029. IMO it will make another new high either tomorrow or Friday.
Looking back at the chart, in early 2000 when the volume was between 30 and 40m a day it went well over .50 for a short time. Do you have a clue where it might head if we see volume like that again?
Hope you have a great evening.
This is too funny.
I stumbled across this company and started the board when it was a 0.002 stock, watched it for two+ years, and failed to buy a chunk prior to the lift off......
"..........DOOOOH.............."!!!
Guess I better get some soon....!!! Thanks for all the support here, Investo.
John
This is too funny.
I stumbled across this company and started the board when it was a 0.002 stock, watched it for two+ years, and failed to buy a chunk prior to the lift off......
"..........DOOOOH.............."!!!
Guess I better get some soon....!!!
John
MYIQ closed at .021 with the most volume since 4/18/01 when volume was 17,188,400.
Hope everyone has a great day tomorrow.
Our sub has grow up to be pennies. May our pennies now grow up to be dollars.
New 52 week high for MYIQ was made today at .025
Following news of MYIQ was posted on RB, I pasted it here for your reading.
Genesis Technology Group Signs Two US Companies; Education and Energy Major Concerns of the Chinese
06/17 7:01 am (PR)
Story 0306 (GTEC, MYIQ, ARGY)
BOCA RATON, Fla., June 17 /PRNewswire-FirstCall/ -- Genesis Technology Group, Inc. (OTC Bulletin Board: GTEC), the first US-based Trust Member of the Shanghai Technology Stock Exchange, announced the signing of contracts with two US companies: EduLink, Inc. (OTC Bulletin Board: MYIQ) and Alternate Energy Corporation (OTC Bulletin Board: ARGY).
Genesis and EduLink have agreed that Genesis will oversee EduLink's educational initiatives in China. Genesis and EduLink are in the process of constructing a master license and joint venture, which would make Genesis responsible for conducting all sublicensing activities in China, as well as providing all required support and maintenance. In return for Genesis' payment to EduLink of an advance against license fees which would be payable under the intended joint venture agreement, EduLink has agreed to refrain from entering into discussions with any other party during the next 90 days to the extent those discussions involve the implementation of EduLink's technology in China.
The subject of the agreement is the implementation of EduLink's Knowledge Sharing System in China, a system which is based on the integration of the three core foundations for digital asset and knowledge management: Storage & Retrieval, Repurposing and Distribution. The primary focus for the use of EduLink's Knowledge Sharing System is currently the K-20 education market. EduLink's suite of software was developed with the assistance of Science Applications International Corporation (SAIC), its system integrator and technology developer for over the last three years. SAIC is the nation's largest employee-owned research and engineering company.
Genesis President Dr. James Wang said, "Our initial market research suggests a substantial demand in China for online distance education that is growing to a billions-of-dollars industry per year in China. We believe EduLink can penetrate the Chinese education market with their technology and we intend to work diligently to work out the terms of a joint venture and then move to bring EduLink's unique system into China."
EduLink Executive Vice President Michael Rosenfeld said, "EduLink's entry into the China markets must be carefully mapped out and executed. Genesis offers an extensive network in China. We certainly will use our best efforts to work out the details with Genesis over the next few months since we are confident that Genesis is the right company to lead us in our China initiatives."
Genesis will assist ARGY in fundraising and conduct China initiatives for technology transfer and licensing. Alternate Energy Corporation's (AEC) patented technologies provide this increased power through reclaiming heat energy that is typically lost to the environment when producing electric power and reducing the cost. AEC technologies can enable the North American electric utility industry to produce more power without changing the industry's current level of operating costs. AEC plans to collect a percentage of the new revenues generated by these utilities.
Dr. Wang said, "China is taking measures to promote energy conservation technologies to meet a tremendous demand for high-quality energy. China's annual consumption of coal, which accounts for 76 percent of the country's total energy resources for commercial use, is expected to triple by 2020, along with a rapid increase in the use of petroleum products."
AEC CEO Mr. Blaine Froats stated, "We at AEC are looking forward to a long and profitable relationship with the Genesis Technology Group, Inc."
About Genesis Technology Group, Inc.
Genesis Technology Group is a business development firm that fosters bilateral commerce between companies in the United States and Europe with those in China. Genesis has created successful profit centers in product development, manufacturing, distribution, joint ventures and operational services. Genesis has established effective working relationships with various governmental agencies, public institutions, and private industries in China at both national and provincial levels. For more information, visit http://www.genesis-technology.net.
About EduLink, Inc.
EduLink was founded with a mission to create a seamless, integrated, and dynamic education service that stores and retrieves, re-purposes, and distributes vast amounts of different types of digital assets, such as text, pictures, audio and video files, which can then be utilized as learning resources for either educational or business purposes. EduLink's initial and primary goals are to help children learn more effectively and assist their educators in this quest. For more information, visit http://www.edu-link.com.
About Alternate Energy Corporation (AEC)
AEC owns patented technologies that enable electric utility companies and large multi-national industrial companies (petroleum, chemical, mining, steel, pulp and paper, manufacturing, etc.) to increase their power output in some cases by up to 50% with significant decrease in cost. This is accomplished without increasing the amount of fossil fuel that is used, which provides two additional benefits: less dependency on imported fossil fuels and lower fossil fuel pollution levels. Both the cost and availability of fuel, and protecting the global environment are currently two of the highest profile issues on North American agendas.
For more information, visit http://www.alternateenergycorp.com (it is under construction.)
This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the Company's ability to grow its business. 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 company's limited operating history, the limited financial resources, domestic or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, and conditions of equity markets. More information about the potential factors that could affect the company's business and financial results is included in the Company's filings, available via the United States Securities & Exchange Commission.
Contact:
Genesis Technology Group, Inc.
Kenneth Clinton, Executive Vice President
Genesis will assist ARGY in fundraising and conduct China initiatives for technology transfer and licensing. Alternate Energy Corporation's (AEC) patented technologies provide this increased power through reclaiming heat energy that is typically lost to the environment when producing electric power and reducing the cost. AEC technologies can enable the North American electric utility industry to produce more power without changing the industry's current level of operating costs. AEC plans to collect a percentage of the new revenues generated by these utilities.
Dr. Wang said, "China is taking measures to promote energy conservation technologies to meet a tremendous demand for high-quality energy. China's annual consumption of coal, which accounts for 76 percent of the country's total energy resources for commercial use, is expected to triple by 2020, along with a rapid increase in the use of petroleum products."
AEC CEO Mr. Blaine Froats stated, "We at AEC are looking forward to a long and profitable relationship with the Genesis Technology Group, Inc."
About Genesis Technology Group, Inc.
Genesis Technology Group is a business development firm that fosters bilateral commerce between companies in the United States and Europe with those in China. Genesis has created successful profit centers in product development, manufacturing, distribution, joint ventures and operational services. Genesis has established effective working relationships with various governmental agencies, public institutions, and private industries in China at both national and provincial levels. For more information, visit http://www.genesis-technology.net.
About EduLink, Inc.
EduLink was founded with a mission to create a seamless, integrated, and dynamic education service that stores and retrieves, re-purposes, and distributes vast amounts of different types of digital assets, such as text, pictures, audio and video files, which can then be utilized as learning resources for either educational or business purposes. EduLink's initial and primary goals are to help children learn more effectively and assist their educators in this quest. For more information, visit http://www.edu-link.com.
About Alternate Energy Corporation (AEC)
AEC owns patented technologies that enable electric utility companies and large multi-national industrial companies (petroleum, chemical, mining, steel, pulp and paper, manufacturing, etc.) to increase their power output in some cases by up to 50% with significant decrease in cost. This is accomplished without increasing the amount of fossil fuel that is used, which provides two additional benefits: less dependency on imported fossil fuels and lower fossil fuel pollution levels. Both the cost and availability of fuel, and protecting the global environment are currently two of the highest profile issues on North American agendas.
For more information, visit http://www.alternateenergycorp.com (it is under construction.)
This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the Company's ability to grow its business. 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 company's limited operating history, the limited financial resources, domestic or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, and conditions of equity markets. More information about the potential factors that could affect the company's business and financial results is included in the Company's filings, available via the United States Securities & Exchange Commission.
Looks like that news about the management shuffling was a pretty good clue.
Boy it took a long time for the Board and/or big money to decide to give someone a swift boot in the tush.
John
2 yr daily chart of MYIQ
IMO it is trying to stay in the .01 range.
Cool. Looks like maybe they are on their way.
John
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