eDOORWAYS Corp. (EDWY)

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Postby QualityStocks » Wed Jul 22, 2009 1:23 pm

eDoorways Corp. (EDWY.PK) Encourages Open Door Communications

One of the principal advantages to investing in eDoorways Corporation is the commitment of the management team to open communication with shareholders. The policy reflects the company’s online orientation, and dedication to the free information flow that has become synonymous with the Web. It’s a refreshing change from many small companies, where information can be slow in coming and short on facts.

eDoorways, scheduled to launch its Web 3.0 platform later this year, is anticipated to be a revolutionary web-based consumer problem solving gateway, combining the best groundbreaking ideas and technologies from the online world to create a totally different user experience for obtaining information and solving problems.

Gary Kimmons, company Chairman and CEO, emphasizes the importance of the company’s various blogs (www.edoorways.com/media.htm), and especially the corporate blog (http://edoorways.wordpress.com/), in supporting a platform of transparency. “We believe initiating the Corporate Blog was one of the best things the company could have done to foster transparency. We receive hundreds of hits daily and field dozens of comments. Good, bad or indifferent we respond to any inquiry, where appropriate or legally permissible, with a sense of responsibility and detail that shareholders deserve. As a developing company trading within the dynamics of any economy, investors need to know the facts in order to make educated decisions that result in long term investments in any company. That’s what we aspire to — achieving long term holders of eDOORWAYS stock.”

Online blogs are only one element of the company’s ongoing communication campaign, which also includes shareholder letters, info packets, and conference calls. The company also takes telephone calls and does its best to respond to email inquiries. The fact that eDoorways has been willing to answer even tough investor questions has helped bolster shareholder confidence, giving it a decided edge over other OTC offerings.

“We welcome it!” stated Kimmons. “We are the ‘real deal’ and as such, willing to do whatever it takes to convey these simple realities to the public. eDOORWAYS will launch. The platform will begin generating revenue within the first four months of our launch. We’re likely to have the second ‘doorway’ operating shortly after the initial launch which will positively affect our initial revenue projections.”
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Postby interested » Thu Jul 23, 2009 1:11 pm

And the launch will be when?
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Postby mrsfelix06 » Fri Jul 24, 2009 1:12 pm

Thats a good questions, sounds like soon, mabey no date has been given yet.
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Postby protostars » Fri Jul 24, 2009 4:58 pm

Perhaps in just a few months, if they hold to their plan of doing it by the end of this year. But it always takes longer than you think. Executives are famous for using deadlines to push progress.
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Postby QualityStocks » Mon Jul 27, 2009 11:59 am

eDOORWAYS Corp. (EDWY.PK) Updates Investor Community Concerning Pre-Launch Presentation

eDOORWAYS Corporation today told investors that the SEC Counsel for the web-based Consumer 3.0 gateway has advised that the company’s goal of protecting its proprietary platform technology while providing shareholders with a pre-launch walk-through might be in conflict with the U.S. Securities and Exchange Commission’s ruling regarding selective disclosure and insider trading. The rule was established “to promote the full and fair disclosure of information by issuers and to clarify, and enhance existing prohibitions against insider trading.”

eDOORWAYS had been strongly advised to reevaluate the planned walkthrough if the company is to remain compliant and protect its shareholders. In response, the company will established an independent, unpaid shareholder board committee to review the platform and report back to all other shareholders and the public. This committee must sign extensive non-disclosure agreements (NDA) and abide by the SEC Reg FD rulings. While these shareholders will not become “insiders” by joining this board, their ability to trade will become significantly limited and in most cases prohibited.

All shareholders are invited to submit their request, but only those who were holding shares by the market close today are eligible. The committee does not have a membership limit and will consist of as many qualifying shareholders who are willing to submit to the legal conditions and implications denoted. All submission requests must be submitted by market close Monday, July 27, 2009.

“We would like to underscore our commitment to making this presentation available to as many shareholders as possible without posing unnecessary risk to our proprietary technology or running afoul of vital SEC regulations,” commented eDOORWAYS Chairman and CEO Gary Kimmons. “eDOORWAYS prides itself on being a fully compliant company, and in our current climate the importance of being rigorous with this kind of internal oversight cannot be overstated. We believe the formation of this committee is the most practical solution toward making the presentation available to shareholders prior to our October 1, 2009, soft launch date.”
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Postby interested » Mon Jul 27, 2009 12:51 pm

AT THIS POINT ONE MIGHT THINK THEY WOULD HAVE UNDERSTOOD THIS POINT
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Postby protostars » Mon Jul 27, 2009 12:55 pm

What a postiion to be in. They want to show serious shareholders what they've got in order to motivate them to invest and stay on board, but the SEC says everyone must be invited to the party.
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Postby rose » Mon Jul 27, 2009 4:02 pm

Would be nice to get it done right the first time
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Postby protostars » Tue Jul 28, 2009 10:19 am

They'll work this minor glitch out. Stuff like this always seems to happen. The important thing is their product, and what they have to bring to the table that's really new.
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Postby QualityStocks » Tue Jul 28, 2009 12:23 pm

eDOORWAYS Corp. (EDWY.PK) Provides Corporate Update to Investors

eDOORWAYS Corp. is a company whose principal activity is creating a lifestyle information/entertainment platform called eDOORWAYS. The company’s platform is designed to be a personal lifestyle information enhancement and problem solving gateway, lifestyle information source, and business-to-consumer marketplace.

The company has a number of general updates to provide to the public. First, as it pertains to the October 1st soft launch date, Michael Vincent, the company’s lead technology architect, has made an assessment that the eDOORWAYS platform is on schedule for the October 1st launch date.

As it pertains to filing the necessary regulatory paperwork, Dan Bensimon, the company’s senior financial & accounting specialist, has concluded that that eDOORWAYS is on target to meet the August 31st filing date of the 10K filing as well as its first and second quarter 10Q filings.

Finally, as it concerns the proposed pre-launch walkthrough, the company reinforced its commitment to making a presentation available without posing unnecessary risk to proprietary technology or undermining SEC regulations. The solution proposed by eDOORWAYS was to form an independent, unpaid board committee comprised of the company’s shareholders which would review the platform and report back to all other shareholders and the public

The company anticipates offering another update on these same matters by week’s end.
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Postby rose » Tue Jul 28, 2009 4:11 pm

Pleased to hear attention to the needed PW is being given. A solid and quick responce is alway's the way to go as one hits roadblock's
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Postby protostars » Wed Jul 29, 2009 10:16 am

10/31 isn't far away, but they sound pretty confident. A lot of people, myself included, are anxiously awaiting the unveiling.
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Postby QualityStocks » Wed Jul 29, 2009 1:30 pm

eDOORWAYS Corp. (EDWY.PK) Officially Establishes Its Headquarters in Austin, Texas

eDOORWAYS announced today that it has officially opened its U.S. headquarters in Austin, Texas. The company’s plan to soft launch the “SOLVE” doorway is currently underway in their city. According to the press release, eDOORWAYS has long envisioned that its Consumer 3.0 platform would have its roots planted in Austin.

The company also announced that it has joined the Austin Chamber of Commerce. eDOORWAYS believes that the initiative will help quickly establish a strong presence within the local job market. Currently, the company is in the process of engaging a local recruitment specialist to assist with staffing requirements. With the reputation of retaining a wealth of talent, Austin has an abundance of viable candidates to help build and strengthen the eDOORWAYS team.

“eDOORWAYS is delighted to have become a member of the Austin Chamber,” said President & CEO Gary Kimmons. “We are excited to be headquartered in Austin and launch our first doorway in this great city. We look forward to being a contributor to the local growing economy and will strive to become a staple business within the Austin business community.”
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Postby rose » Wed Jul 29, 2009 4:21 pm

Go get 'em Austin
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Postby mrsfelix06 » Thu Jul 30, 2009 8:33 am

Congrats. I'm sure it be nice to enjoy the warm weather.
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Postby protostars » Thu Jul 30, 2009 11:11 am

That's a lot on their plate. They have to bring on and train new recruits, establish their company in its new location, plus pull off their major product launch, all in a matter of a 12 weeks.
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Postby rose » Thu Jul 30, 2009 1:39 pm

Here's the callange I guess
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Postby protostars » Fri Jul 31, 2009 12:08 pm

A delay here and there is to be expected. I just want to take a look at their platform.
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Postby rose » Fri Jul 31, 2009 2:00 pm

From what I've read they have been working on it for a while.
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Postby QualityStocks » Mon Aug 03, 2009 8:47 am

eDOORWAYS Corp. (EDWY.PK) on Target for Soft Launch Date; Provides Final Update on Pre-Launch Demonstration

eDOORWAYS Corporation Friday provided the investment community with a final update on its proposed walk-through presentation described in the press release issued on Friday, July 24, 2009.

“Recently, we extended an offer to show SOLVE to those shareholders who would like to gain a better understanding of the design and workings of the SOLVE doorway via a live walk-through demonstration,” stated eDOORWAYS Chairman and CEO Gary Kimmons. “These same shareholders would then have the duty of giving an unbiased reporting to those shareholders who were not made privy to the demonstration.

“Our offer was made with the provision that any shareholder desiring to view the presentation would be required to make necessary representation that they were, in fact, a shareholder of record and that they would comply with certain SEC legislation that would limit their activity in the marketplace as it relates to trading eDOORWAYS securities. This placed a burden on most of our shareholders that has proven difficult to overcome.

“Of the more than two thousand shareholders of record holding eDOORWAYS stock today, virtually no one elected to participate. There were fewer than five verified shareholders of record who chose to do so. This number represents less than 1% of the current shareholders holding eDOORWAYS stock of which collectively hold less than 1% of the Issued and Outstanding Shares. Unfortunately, these numbers would have had to be much greater for us to justify going forward with the demonstration.

“First, the cost of doing so would have been prohibitive to accommodate such a small number of volunteers. Even more important for us all to consider, however, is the relative risk of entrusting an extremely limited number of participants, whom combined hold a fraction of the overall share count, with the responsibility of reporting their observations and opinions to our entire shareholder base and the rest of the world. A fair representation of shareholder interest for an example would have been a greater number of shareholders (twenty or thirty) irrespective of stock ownership, or, a fewer number of shareholders with significant (thirty to sixty million shares) combined holdings.

“We do not believe that it is fair to you, our shareholders, to risk the value of your holdings on the basis of one or two opinions from individuals who combined may have much less at stake than you. The question we had to ask ourselves was this: ‘Is this group truly capable of portraying SOLVE as it should be seen and will this group be considerate of shareholder risk?’

“With the soft launch now looming as a near-term event, we believe it to be far better for us to wait until everyone can see the platform. We ask for your patience as we await this event, and we thank you for being loyal and supportive investors in eDOORWAYS Corporation.”

eDOORWAYS’ executive management reaffirmed that the company is still on track for a timely soft launch on October, 1, 2009. In the press release, the company also said that auditors will begin their review for the filing of Form 10K sometime in the next seven business days, which should keep eDOORWAYS on course for its target date for filing the 10K along with first and second quarter statements.
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