Monday, October 23, 2006
OntologyStream authorized 100,000 shares of common stock in 2001. Until now, its founder has held all of these shares privately. 20,000 shares are available in the current offering. The founder will hold the remaining 80,000.
The investment package we have is not available except to a single qualified investor, with “qualified investor being as defined by Blue Sky Laws. Generally this type of investor is called an Angel Investor.
Current Venture Capital rules may not apply to the OntologyStream Inc offer. In our case, the technology is more extensive and mature than our business development. Our business model depends on the capture of a significant portion of all “knowledge science”. To do this we use a technology that maps the IP being disclosed to the patent office.
The first major project is to field the first of these collaborative environments and to demonstrate unique capabilities in various forms of information production.
Clients are national projects involving distance learning and economic renewal, and large enterprises desiring increased productivity in knowledge creation and knowledge management.
Total evaluation is $4,500,000
Asking price for 20% $900,000
Out of this amount, the following budgets are established:
First Knowledge Sharing Core $532,000
Accounting and legal services $100,000
Past wages due to employees $120,000
Total Package $900,000
Founder of Ontologystream Inc, Dr. Paul S. Prueitt, will direct all aspects of the design, development and testing of the First Knowledge Sharing Core as a deployed Virtual Network.
Most research notes on the development of the First Knowledge Sharing Core is public domain. However, some work will be developed and disclosed as new patents. Additional patenting activities are sought in special contracting with the federal government.
Approximated additional engineering required to deploy the First Knowledge Sharing Core:
56K License to InOrb Technologies Inc (-)
14K Differential ontology architecture 1 months
42K I-RIB replacement for BerkeleyDB 3 month
28K Topic Maps work 2 months
28K Ontology work (RDF and OWL) 2 months
42K TextAnalysis IDE work 3 months
42K Logic over schema work 3 months
42K Integration of Semio tagger (or equivalent) 3 months
28K Integration of SAIC’s LSI engine (or equivalent) 2 months
42K Notational System development 3 months
Testing and training material development
OntologyStream has contracted with fifteen different scholars to assist in the production of comprehensive technology evaluation and curricular development. The work of these scholars and others will result in the development of distance learning materials on all Core technologies, and books on the methods and principles of the Knowledge Sciences.
Dr. Karl Pribram (Cognitive Neuroscience Georgetown University)
Dr. Raymond Bradley (Social Networks) BCNGroup
Dr. Peter Kugler (Theory of measurement University of Connecticut
Dr. John Sowa (Cognitive Graphs) BCNGroup
Dr. Kent Myers (Management science) SAIC
Dr. Larry Medsker (Expert Systems) American University
Dr Lev Goldfarb (Measurement theory) (Univ. of New Brunswick)
Dr. Alex Citkin (situational logics) BCNGroup
Dr. Art Murray (knowledge management) George Washington Univ
Dr. Brad Cox (IP technology) (Virtual Schools)
Dr. Daniel Levine (Neural Networks (Univ Texas at Arlington)
Dr. Elias Carayannis (Management Theory) (George Washington Univ)
Dr. Giovanni Marchisio (knowledge systems) (Insightful Inc)
Dr. Mike McDonald (medical science) (Georgetown University)
Dr. Robert Shaw (ecological psychology) University of Connecticut
First Knowledge Sharing Core
Biodefense with Syndromic Surveillance and
Topic Map access to
Medical Research Literatures
Thematic Analysis of Memetic Expression in the
World Wide Web
Deployed to support
Terrorist Information Awareness
Distance Learning and Knowledge Science
Micro-farm based Co-operatives