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johnpone

02/18/12 3:35 PM

#5803 RE: bs1968$ #5802

From a poster on Yahoo edwy message board.

"Even more factual (have heard of this Hotstocked but they also have been accused of pump-and-dump by former/current subscribers) is the following, from a major, reliable media:

"... fiscal year ... 1996, sales of stock ... raised $904,000. The following fiscal year, GK raked in $1.8 million. In two separate sales ... this year, the company raised $6.6 million ... GK has sold about 21 million shares of stock, according to SEC documents, raising roughly $13.4 million. In May, as the stock approached a record price of 7 7/8, the company filed a registration statement seeking to issue 250 million shares ... increase the number of outstanding shares tenfold. ... At least for the past two years, nearly as much money as was raised from stock sales was paid out in hefty compensation to the CEO ... according to government filings. In the fiscal years ... 1996, and ... 1997, $2.9 million was raised in stock sales (AND) $2.8 million was paid to Kimmons, ... During those same two years, the company's annual reports say spending on R&D never reached $60,000.

(THIRTEEN MILLION $$$ IN ONE YEAR!). Those, AGAIN, are public FACTS from studies and research done by a major media."

Here is one more.

"There have been a few references to a "purported," forthcoming new web site for eDoorways at the beginning of 2012. There has been nothing in the major media (Dow Jones, MarketWatch, The Street, etc), at the major on line brokers or even on OTCMarkets even hinting at a new web site.

In brief review, Kimmons has not delivered on a single product or REVENUE in over 17 years! This current poor rendering and faint attempt at building a search engine web site is nothing near to what Gary Kimmons had promised since changing the name to eDoorways more than 4 years ago.

Corporate name change track record:

Formerly>eDOORWAYS Corp. until 9-2010
Formerly>M Power Entertainment, Inc. until 9-07
Formerly>GK Intelligent Systems, Inc. until 5-05
Formerly>LBM-US, Inc. until 8-94

Reverse Split Record:

Capital Change>shs decreased by 1 for 10 split. Effective date=4-3-02
Capital Change>shs decreased by 1 for 200 split. Pay date=5-18-05
Capital Change>shs decreased by 1 for 2000 split Pay date=09/04/2007.
Capital Change>shs decreased by 1 for 1000 split. Pay date=10/27/2011."

If history repeats itself LRI is his new stock selling machine and EDWY can be added to the "Formerly" list. I hope I'm wrong. But??? IMO