SSWC - Past Q Filings - I'm only going to post this once. If you don't understand what the past year's filings are about and use them as any kind of basis for what is happening now, and make trading decisions based upon them, it's your own situation.
The past year's Q's are all regarding the FORMER Speechswitch who:
>>Note 1 Background
In September 2004, SpeechSwitch was formed to continue to develop, market and license the automated speech attendant software, which runs on industry-standard hardware and performs speech recognition. The Spin-off transaction was accomplished, on August 5, 2005, by the assignment, contribution and conveyance of certain intellectual property, representing the software codes of speech recognition, and certain accrued liabilities and related party debt (the "Spin-off") to SpeechSwitch. The Class A Common Stock shares of the Company were distributed to iVoice shareholders in the form of a taxable special dividend distribution.
On August 4, 2005, the registration statement filed by the Company to effectuate the Spin-off was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) and the Spin-off was thereafter completed on August 5, 2005.
Note 2 Business Operations
The Company develops, markets and licenses the lines of business relating to iVoice's Speech- Enabled Auto Attendant, Name Dialer and Speech Software Developers Kit (Speech SDK) products, which were developed by iVoice. Speech recognition is used to recognize what a person says, and through the use of natural language understanding, derives the meaning of what is said. The Company also offers a range of support services that enable its customers and channel partners to develop voice-driven applications that use the Company's software. Our products are designed to be “people oriented”, with features that can be readily used with out special training and manuals. Our product line of Speech SDK, incorporate this philosophy. SpeechSwitch markets, promotes and sells its speech-enabled products primarily through telephony reseller channels. The Company also sells direct to end users in geographic locations where an authorized reseller does not exist. On direct sales orders, the Company is able to achieve greater profit margins through higher direct selling prices. <<
This above company IS NO LONGER SPEECHSWITCH! All filings prior to 2010, belong to THEM, NOT Ken Glynn's Kenergy. Ken Glynn took did a R/M INTO this essentially abandoned ticker this year (2010).
I will repeat this one more time. The filings are "Best of my Knowledge" filings regarding the FORMER Speechswitch and have NO bearing on the current company's performance metrics.
Have a nice day.
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