Nettaxi

Nettaxi.com was incorporated in October, 1997 to capitalize on a significant opportunity that exists today through the convergence of the media and entertainment industries with the vast communications power of the Internet. Our website, Nettaxi.com, is a premium online community designed to seamlessly integrate content and e-commerce services for... its members, providing comprehensive information about news, sports, entertainment, health, politics, finances, lifestyle, and other areas of interest to the growing number of Internet users. We launched our website in July, 1998. For the period from inceptions through October, 1998, our operating activities related primarily to the development of the necessary computer infrastructure and initial planning and development of Nettaxi. In addition, we began to assemble the technical assets required to drive new users to our website, including Internet The City, the easy-to-use interactive Internet training CD-ROM that connects user to our website. We implemented numerous modifications to the award-winning training tool, including principally integrating our "taxicab" search engine in the main user interface, and creating the mechanism whereby the user could launch into our website directly from the CD-ROM environment. During 1998, we continued website development activities and focused on recruiting personnel, raising capital and developing programs to attract and retain subscribers. In 1998, improved and upgraded our services, and began placing greater emphasis on building advertising revenues and memberships by expanding our sales force. Since our website was launched, we have become one of the world's most visited online communities. We believe that the popularity of our website continues to validate our strategy and proven the viability of the technology that we have acquired and developed since we launched our business in 1997. We are now poised to build on our early success by implementing a growth strategy that, if successful, should make us one of the top ...Read More