recently edited on Wednesday, May 25, 2005
by
OntologyStream Inc Chantilly, Virginia
and
Behavioral
Computational Neuroscience Group
Copyright 2004 BCNGroup
Point of Contract: Dr. Paul Prueitt, CEO OntologyStream Inc
Executive Summary
The Behavioral Computational
Neuroscience Group (BCNGroup) is a Not-For-Profit Organization based in
Virginia. Our mission directives are;
·
To
create an international communications forum for the understanding, discovery
and dissemination of knowledge for the common good.
·
To
create new technologies that synergistically applies computational systems to
the automated investigation of artificial and natural systems.
·
To
provide protection for knowledge wealth created by primary scientific
investigation.
·
To
hold in trust intellectual property for the common benefit of BCNGroup members
and third party developers.
Under the auspices of the BCNGroup, the collective
efforts of a diverse group of scientists, engineers and practitioners are
promoting a National Project to ignite the Knowledge Technologies business
sector. Our effort is expressed through sponsorship, directed initiatives,
scientific conferences, educational presentations to government agency and
commercial entities as well as featuring a tightly disciplined investment model
to launch products derived from decades of research and development.
We have created a template that is designed to
reward investment and to allow investors to share in profits from emerging
markets based on the knowledge technologies. The template is used in specific
cases to bring a new product into existence and offer the product to a market.
We propose to create a Virtual Operating System
for Anticipatory e-Commerce (VOS-AC), and to license the VOS-AC to a
limited partnership, V-Market LLP.
BCNGroup is formally seeking
a single investor.
Phase 1:
1) A V-market Net business plan involving
a. All necessary documentation and legal forms for franchising individual virtual museum businesses within a system of virtual museums (VMs).
b. A plan to raise $250,000 in a Limited Partnership to produce a full Corporation that manages the system of virtual museums.
2) A fully operational e-commerce site template
a. The template will have at least five franchises in place
b. The template will have a common look and feel which is managed as part of the system of virtual museums look and feel
3) A branding language will be developed and protected to distinguish the system of virtual museums and to provide the foundation for building trust and a feeling of comfort from the V-Market experience.
4) A community forum will be established from which social discourse will be aggregated as one source of input for Anticipation of Interest Map (AIM) production.
VOS-AC represents an
“Unexpected Software Capability”. By
putting together complimentary engineering techniques supported by peer-reviewed
science, OntologyStream places into the market capabilities that are highly
desirable and useful.
The capability binds social
science, linguistics, category theory, and computer science together in a
simple and elegant manifestation of the knowledge technologies. We, the BCNGroup founding committee, have
come to understand that venture or angel investment – so necessary to modern
corporate life – will not be available to knowledge science until after repeated
market demonstrations of knowledge technology as seen.
So our strategy, as we work
on the planning process for the National Project, is to develop e-commerce capabilities
based on the Virtual Museum system concept.
VOS-AC is a horizontal
technology based on complete independence from .Net and Java software
environments and has a simple and elegant web server and data management
architecture. The VOS-AC is to be used
in the development of various Safe Nets, where
micro-transaction instrumentation provides an ultra secure environment for
legal entrepreneurship and comfortable shopping experiences.
Data aggregation is
facilitated by simple mathematical formations published as Open Source
Information. Anticipation of Interests
Map (AIM) products are produced so that the market process is facilitated. Anticipatory structures and memory
structures develop that express both in the operation of push-pull portals
within the Safe Net, but also as AIM products within B-2-B production and
branding chains.
The remainder of this
proposal will focus upon the following:
1.
The
technical details surrounding the product.
2.
The
Investor's Value Proposition.
3.
The
Investment Model Opportunity Characteristics.
4.
Key
Differentiators
5.
The
Investment Model Risk factors.
6.
Structuring
V-Market LLP and Inc.
7.
First
Round Cap Value Proposition.
8.
Investor
Profile.
9.
Conclusions
Technical Requirements
The AIM technologies and the
VOS-AC platform is horizontal technology enabling conceptual search, subject
matter taxonomy development, and the structural analysis of data. Electronic storefront and experiences are provided
to patrons.
InOrb Technology is a division of
Ontologystream Inc that will be split off as a separate company as recourses
allow. At the present time, the work on
the AIM and VOS-AC is sufficiently advanced so that at least the appearance of
anticipatory marketing will be seen in the V-Market product.
The InOrb technology
contains two primary innovations that provide an unexpected capability that
drives the value of this project and ultimately excellent return on the
investment projections. These two features are:
·
very
high conceptual
fidelity in subject indicator retrieval, and
·
a fractal
compression of ontology representation of co-variation of data
structure
Fractal compression forms small, fast and platform
independent bit maps. Fractal compression is established when new information
is placed into the ontology encoding at much less cost than old information,
due to the similarity that the new information has to old information when the
structure of measured data is properly recorded.
Product design and testing is based on social and
cognitive science. Application of the product in a highly visible environment
lets the product speak for itself in terms of both efficient execution and
knowledge discovery output.
Extraction and manipulation of concepts, and
structural ontology, becomes an expected new capability appearing in all types
of applications.
Orb technology is consistent
with the spirit of the OASIS Topic Maps standard 1.0. Orb technology supersedes
the current generation of machine ontology standards such as OWL (Ontology
Reference Language), RDF (Resource Description Framework), and KIF (Knowledge
Interchange Framework); as well as proprietary ontology systems such as
developed by Cycorp Inc. and Knowledge Foundations Inc. Orbs are many orders of
magnitude simpler to encode.
The Investor’s value proposition
The V-Market franchise is a
valuable Intellectual Property asset.
We have created a type of
template that meets the needs of inventors of computer innovations while making
the investment attractive and safe.
The investment model
opportunity characteristics
First round Angel investment
($50,000) provides a 3% conditional stock warrant that fixes a purchase price for
up to 3% (3,000 out of 100,000 shares) of OntologyStream stock at $10 per
share. The condition is that the First
Round of OntologyStream capitalization will have occurred and that legal work
be completed so that the transfer of 3% of the OntologyStream Inc stock is made
legal.
First round Angel investment
($50,000) also provides 1/3 ownership and management rights over the Limited
Partnership called V-Market LLP.
1.
An
excellent return on a short-term investment, since the LLP is to be sold to
First Round capitalization.
2.
The
Investor is not required to perform any oversight over the duration (60 days)
of the development period.
3.
The
Investor will be authorized after 60 days to manage, control and preside over
the sale of the asset.
4.
The
Investor will be the most informed participant in the event said investor
wishes to purchase the company.
5.
The
design of the investment model reduces the importance of promotional
communications during the period that the product is being developed and
tested.
6.
The
development life cycle and architecture and design characteristics are already
completed for the development process to commence.
The Investment Model Risk
Factors
1.
The
Investment Template has never been tested.
The Template depends on factors larger in scope that this single
company.
2.
Software
development project crept and out of scope factors.
3.
A
critical factor will be the future cost of internal software licenses. The
negotiated agreements will require mutual agreement by the Investor and OntologyStream
Inc. Ontologystream is a third party, whose interests have to be
accounted for.
Key Differentiators
(a) Faster processing, without recourse to special
hardware.
(b) Simple purchase and installation.
(c) Potentially very inexpensive.
(d) A scientific foundation (and potentially continuing
program).
Structuring V-Market LLP
1.
V-Market LLP is to be organized as a limited liability partnership.
2.
The
Investor will be a Managing Partner. OntologyStream Inc contributes
technology and labor.
3.
OntologyStream Inc will secured the V-Market Corporate identity,
Domain Name, Web Site, Trademark and associated logos for the birth.
4.
The
LLP STATEMENT OF WORK has 3 tasks:
1.
Negotiate
licensing agreements with innovators.
2.
Develop
the VOS-AC and preliminary AIM tools, refine developer APIs and document
features.
3.
Quality
Assurance through standard functional, unit and system testing.
4.
Sell
the company and compensate the stakeholders.
First Round Capitalization
Value Proposition
The buyer will have a fully
refined and tested product, a backlog of sales leads, unencumbered ownership,
and a highly skilled and willing staff to support future requirements or
customer deployments. The product is easily packaged in several ways, including
integration within other environments or standalone sites to which
subscriptions could be sold.
The most important
proposition attribute is an immediate ability to get to market and achieve the
shortest “Time To Revenue”.
The buyer will be wary of potential conflicts
regarding underlying licenses and patents and the long-term programs of the
participating technology companies. OntologyStream Inc feels that these
concerns will be easily laid to rest in the terms of the sale.
The sales price not only reflects the cost of the
development, but the incremental margin realized by the sale to the highest
bidder represents the value added and codified research of over ten years of
collaborative research that can justifiably be depreciated.
The buyer of V-Market Inc will decide how to
proceed in a profitable manner, according to his or her own vision with
foundational business and marketing plans to drive income opportunities.
Investor Profile
Investor Profile indicates a
person who is patrons of the Arts & Sciences with a strong ethical
commitment for personal achievement and a socially conscientious frame of mind.
Investors should be well enough healed with a diversified portfolio that can
statistically take on some risk with the proposed investment model.
Investors should have some
magnitude of entrepreneurial spirit and not be afraid of advanced business
analytics, strategic goals and objectives within the context of rapid
technological change.
Conclusions
The admirable efforts of the
scientific community working within the Knowledge Sciences are reflected by the
BCNGroup organization. The Investment Model moves mature research from the
laboratory into production and commercialization.