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Grass Roots Research and Distribution, Inc. Initiates Coverage on eDoorways Corporation


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© Business Wire 2009
2009-11-05 15:55:07 -

Grass Roots Research and Distribution, Inc. (GRRD) has initiated research coverage on eDoorways Corporation ( EDWY.PK : ), forecasting “strong growth in revenues for the next few years.”

In analyzing eDoorways as a potential investment, GRRD sees support for a bullish case being driven by a variety of factors, namely the creation of a “town square” experience that

is “designed to meet comprehensive consumer and business needs that are not addressed with current social networking and simple search engines.”


A total raise of $7 million is estimated to be necessary between the years of 2009 and 2010 in order for the Company to reach its objectives.

eDoorways has currently raised $1.25 million of the total estimated capital requirement and expects to secure its proposed 2009 budget prior to year end. The report also forecasts that eDoorways will raise $3 million of the total budget in 2010. Regarding revenues, the report states that eDoorways will likely reach $5 million in 2010, while building to $55.7 million in revenues for 2013. Further, the report predicts that “…the Company is likely to beat our forecast.”


The five distinct revenue sources are detailed in the report: “As data on consumer requests and searches accumulates, the Company plans to provide vendors with new business leads. Vendors can subscribe on a prepayment basis to receive email alerts or text messages when someone expresses an interest in a product or service the vendor provides. The Company expects this Prepaid Services/Subscription category to generate 60% of total revenues. Advertising revenue will be generated based on a cost per thousand views. Preferential Placement fees will be charged to vendors who wish to stand out, similar to the Google keyword purchases.

Data Mining will be a revenue source as the eDoorways platform builds a history of searches and communications between consumers and experts.

This service enables vendors to identify customers who are likely to purchase certain products and services in the next three to six months.

Private label of the eDoorways platform may be of interest to professional associations, trade groups and large corporations. Private label licensors of the eDoorways platform enables the licensor to charge suppliers for access to their own version of the eDoorways platform.

Additionally, the Company will generate revenues from licensing power keys.”


Revenue growth is predicted to come from a city-by-city roll-out over the coming quarters, with the first launch in Austin, TX, in early 2010.
GRRD expects the eDoorways platform to arrive “in 8 to 12 cities each year for the next several years.”

The report also acknowledges some bearish factors including consumer habits and raising cash to implement the roll out as forecasted.

Attracting expert opinion advice on the eDoorways platform could prove challenging. Getting “consumers [to] use the eDoorways platform for innovative applications such as creating new ventures or learning” may also be an issue.

A complete PDF of the research report can be accessed at: www.grassrootsrd.com/document.php?url=www.grassrootsrd.com/edwy- .. :



About Grass Rots Research and Distribution:

Led by D. Paul Cohen, Grass Root Research and Distribution, Inc., is one of Wall Street's leading independent research firms. As the founder of the Bear Stearns Western Regional Offices, D. Paul Cohen was one of the original 12 Dirty Dozen analysts regarded by many to be the top 12 security analysts in the nation. Mr. Cohen was also the West Coast Senior Vice President of CBWL-Hayden Stone-American Express. Over the years, Mr. Cohen's partners included Sanford Weill, the past Chairman and CEO of Citigroup and the past Chairman of Solomon Smith Barney, as well as Arthur Levitt, the past Chairman of the Securities and Exchange Commission (SEC).

Grass Root Research and Distribution, Inc., includes contracted analysts: certain PhDs, MDs, CFAs, CPAs, MBAs and other analysts covering most industries.



About eDoorways Corporation:

For more information on eDoorways Corporation and/or the "eDoorways" initiative, please e-mail a package request to info@eDoorwaysCorp.com : mailto:info@eDoorwaysCorp.com .
You can also visit our corporate website at www.eDoorwaysCorp.com : , make comments via the corporate blog ( www.eDoorways.wordpress.com : ), follow us on Twitter ( twitter.com/edoorways : ), or call toll free at (866) 482-3829.

Safe Harbor


The Private Securities Litigation Reform Act of 1995 provides investors a 'safe harbor' in regard to forward-looking statements. GRRD cautions all investors that such forward-looking statements in this report/release/advertisement are not guarantees of future performance.
Unknown risk, including bankruptcy, uncertainties, fraud, stock manipulation as well as other uncontrollable or unknown factors may cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements.
Smaller companies may have a higher likelihood of filing for bankruptcy.

Investors are urged to do their own research regarding the dangers of a potential bankruptcy filing. The enclosed researched company may have to raise additional capital to remain solvent and to meet forecasted valuation and price projections in this report/release/advertisement.

Investor awareness distribution programs can materially affect the price of the company's stock. GRRD assumes no responsibility and no liability for any corporate Press Release or any investor awareness programs, IR or PR promotions of any of GRRD’s profiled companies. GRRD performs and participates at times in investor awareness programs. When used, the words "anticipate," "believe," "estimate," "expect," and similar expressions as they relate to the Company or its management are intended to identify such forward-looking statements. The Company's actual results, performance or achievements could differ materially from the results expressed in, or implied by these forward looking statements.
GRRD distributes its research reports through a research distribution network available to research firms, and by investor awareness advertising programs to various types of investors. Recipients of such distribution may be short term investors such as day traders, traders, retail investors, institutions, and/or long term retail and institutional investors. Recipients may create volatile trading prices.

GRRD reserves the right, in its sole discretion, at any time, and without any obligation, to make improvements to, or correct any error or omission(s) in any portion of the service or the materials. The service and the materials are provided by GRRD on an 'as is' basis. GRRD expressly disclaims any and all warranties, express or implied, including without limitation warranties or merchantability and fitness for a particular purpose, with respect to the service or any materials and products.

Disclaimer

Grass Roots Research and Distribution, Inc. (GRD) distributes research and other information purchased and compiled from outside sources and analysts. This report/release/advertisement is an advertisement and is for general information purposes only. Do not base any investment decision on information in this report/release/advertisement. All information herein should be viewed as a commercial advertisement and is not intended to be used for investment advice. The majority of these companies are highly risky OTC Bulletin Board or Pink Sheet companies.

All readers of this information indemnify GRD from any liability for all accessed information. GRD will not be responsible for updating any of its information in its report/release/advertisements. GRD advises recipients of all such data to be validated from the issuing company including all statistical information derived from SEC filings, from data sources or financial information and data from the issuing company contained herein. The reader should seek professional financial consultation, verify all claims and do his/her own research and due diligence before investing in any securities mentioned. GRD will not be liable to any person or entity for the quality, accuracy, completeness, reliability or timeliness of information in this report/release/advertisement, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information, products or services from any person or entity including but not limited to lost profits, loss of opportunities, trading losses, and damages that may result from any incompleteness or inaccuracy in any of GRD’s profiled companies. When paid in stock, GRD its affiliates, directors, officers, outside sources, investor awareness groups and employees may liquidate shares at any time or hold for investment purposes. Readers are advised to review SEC periodic reports.

Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D, www.sec.gov.nasd.com : , www.pinksheets.com : , www.sec.gov : and www.finra.com : .
Investing in micro cap and small cap securities is speculative and carries a high degree of risk. Investors can lose their entire investment. Investors should understand that statements regarding future prospects may not be realized. This report/release/advertisement does not have regard to the specific investment objective, financial situation, suitability, and the particular need of any specific person who may receive this report/release/advertisement. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall substantially. Accordingly, investors may receive back less than originally invested, or lose their entire investment. Past performance is not indicative of future performance. The issuing company has paid $7,500 for this report/release/advertisement. Please click to: www.cohenresearch-verifysmart.com : to read the full text of this disclaimer. We are compliant with the Can Spam Act of 2003.

Grass Roots Research and DistributionD. Paul Cohen, 415-454-6985President


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