CARDIFF, Calif., Nov. 30 /PRNewswire-FirstCall/ -- Jedi Mind, Inc. (Pink Sheets: JEDM) (www.jedimindinc.com) is pleased to announce the Company's first thought-controlled game is complete and available for purchase. The game, "Think-Tac-Toe" is the first of its kind, which allows the user to play the game with the power of their mind and is geared towards people of all ages. The game will be sold online at a price of $49 and can be purchased directly through the Company by calling (760) 635-2595. The websites, http://jedimindinc.com/ and www.Emotiv.com will have additional information on ordering a download version of the game shortly.
This is a significant milestone for the Company and its shareholders, confirming the ability of our top-tier programming team to complete projects in a timely and cost-effective manner. The Company conservatively anticipates sales of 15,000 units in 2010, which would provide $735,000 in sales and a gross profit margin in excess of 80%. This is the first of several applications being developed for both the gaming industry as well as for medical applications. The Company plans to release one new application every quarter through 2010, with an emphasis on medical applications.
From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.
SOURCE Jedi Mind, Inc.
|SOURCE Jedi Mind, Inc.|
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