Re: KANA. Anyone familiar with this BB? Last news report concerning CNBC to air 5/30 seems too good for it to be at this price. Accumulation? Possible position hold!!!
(PR NEWSWIRE) Kanakaris on Caspar Weinberger's World Business Review on CN
Kanakaris on Caspar Weinberger's World Business Review on CNBC May 30 With
Internet Founder Vinton Cerf Who Embraces CEO's Vision and Predicts Ability to
'Download a 2-Hour Movie in 10-Minutes or Less'
NEWPORT BEACH, Calif., May 17 /PRNewswire/ -- Kanakaris Communications
(OTC Bulletin Board: KANA) is profiled on World Business Review on Sunday,
May 30, on CNBC (as paid programming) in select market areas, and the Company
will make a free VHS copy of the program available to all shareholders of
record as of May 30.
Vinton Cerf, founder of the Internet, describes Kanakaris as representing
"the new economics of electronic publishing" in what is referred to as "a
historic appearance of CEO Alex Kanakaris to discuss his vision for Kanakaris
Communications, Inc. to become the World Downloadable Leader," by Richard
Epstein, President, Alliance Equities, an associate and financial backer of
the emerging-growth Internet company.
During the program, in which Alex Kanakaris describes the concept and
technology of Kanakaris proprietary web sites such as NetBooks.Com and the
upcoming movie site GoGoliath.Com, the following observations are made.
-- On Internet online delivery of books by Kanakaris:
Vinton Cerf, founder of the Internet, in describing how the Kanakaris web
site NetBooks.Com electronically delivers a book, "It shows up electronically
just like anything else you might see on a Web page, except it gets downloaded
or it gets observed online if you choose to read the book that way." Mr. Cerf
added, "What we're seeing is the new economics of publishing."
-- On Internet online delivery of motion pictures by Kanakaris:
Vinton Cerf states, "We are now developing technology called Digital
Subscriber Links and cable modems that will deliver many megabits per second
to customers; digital broadcast satellites are another example. Alex will be
able to dump his movies so fast that they will go faster then real time. He
will be able to dump a two-hour movie in 10 minutes or less and then watch it
at your leisure. I think more important and the thing I really resonate with
Alex about is the Internet is going to allow creative talents that would never
have seen the light of day become visible and published in this new electronic
world."
-- On the Kanakaris business plan for the future of the Internet:
Alex Kanakaris stated, "What we envision in the next couple years from a
business prospective is the real ability for people to receive movie, music,
book and entertainment content that hasn't been the case so far because of
bandwidth. We want to be front row center in the creation of the delivery of
that. You know whether its politics and you only get an FDR or a Reagan once
in a while, or in music an Elvis or Beatles, we see a fantastic opportunity
with creative leaders for how this is utilized."
"Radio, television and movies have all enabled the creation of certain
types of things you couldn't before: movies with sound as opposed to silent
movies. We have not even really touched the iceberg of what the Internet
offers. The ability, for example, to interact with something as its being
watched which had never been possible with TV, radio and newspapers," stated
Mr. Kanakaris.
Caspar Weinberger, Chairman of Forbes Magazine, expressed his fascination
with Kanakaris' direct Internet delivery of music, movies and books, and
quipped, "Maybe you'll be able to deliver our next president."
Multi-Media Productions (USA) Inc., the program's producer, stated, "We
are proud to announce the appearance of Alex Kanakaris, CEO of Kanakaris
Communications, on World Business Review. The weekly television series
focuses on technology and is hosted by Caspar Weinberger, Chairman of Forbes
magazine and Secretary of Defense during the Reagan administration. A
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