BCII Enters Into 50/50 JV with Millionways.me to Market the First Ever A.I. Investment Tool to Immediately Analyze Corporate Management Personality
Based on corporate interviews or direct texts, the Analyze Minds tool, will allow investors to compare their target management versus indices of known frauds, failed managements and excellent managements.
NEW YORK, NY / ACCESSWIRE / April 28, 2023 / BCII Enterprises, Inc, (OTC PINK:BCII) ("BCII"), executed a 50/50 joint venture with millionways.me to market a jointly designed AI investment analysis tool to immediately determine management personality attributes for a monthly subscription fee.
millionways.me has developed the world's first emotionally intelligent, Artificially Intelligence (AI). Present AI is based on machine learning and massive training but lacks the emotional intelligence necessary to understand a user's natural emotions and underlying motivations. Chat GPT, Alexa, Siri are examples of pseudo empathic black boxes based on predicting the next likely word from large natural processing language models. millionways.me's AI is based on the scientifically derived, dynamic personality theory called PSI (Personality Systems Interactive) (go to http://millionways.me.)
millionways.me was able to fully digitize this extremely successful psychological theory by utilizing nearly
The Company has successfully demonstrated its efficacy in comparison to real psychiatric counseling. The technology gives an immediate customer feedback on any user generated text or audio to text data with at least 500 words. It does not matter if the words are aggregated over time, as long as they are from the user.
BCII management generated the idea to utilize this powerful AI to allow users for the first time ever to have an immediate online tool to compare a corporation's management and key employees to indices of proven personality traits of known prior management and key employees. The joint venture products to be marketed under the website, Analyzeminds.com, will initially compare a user's target query against indices of universally recognized fraudulent leaders (i.e. Bernard Madoff, Elizabeth Holmes and others), failed managements, highly successful entrepreneurs, small and large corporate managements. The technology to be delivered by App and web browser is developed and will be deployed over the next several months. Initial testing of all the people making up the indices demonstrated regression scores of over
Andreas Typaldos, CEO of BCII Enterprises, said "We are extremely excited to team with millionways.me to develop and offer the first ever immediate investment tool to gauge managements by personality traits compared to known prior managements. It will be another key research data point for individual investors making key investment decisions. The fraud index will allow investors to get an early warning signal for the types of investment decisions. We believe this to be a major revenue product for the JV, Analyzeminds.com."
millionways.me CEO Martin Cordesmeier said "BCII's visionary use of our proprietary AI technology will revolutionize investor research by adding personality analysis to other online tools. We expect this JV to add significantly to our bottom line this year. It will demonstrate the power of our AI."
BCII and millionways.me will split the net revenues less variable costs 50/50. BCII management will run the daily operations and marketing while millionways.me will handle technical operations and support. As part of the agreement millionways.me is receiving 3 million shares of BCII common stock.
About millionways
millionways created the world's first emotionally-intelligent A.I. assessment tools, providing next-gen personality insights. Founded in New York, NY in 2017, millionways' disruptive technology is based on first time-digitalized PSI theory, natural language processing, meets several "zeitgeist topics" and can be utilized for B2B and B2C, which makes it a potential - currently untouched - billion dollar market opportunity. millionways was developed, and is continually evolving, through its team of renowned scientists, developers, psychologists, philosophers, deep thinkers, and people who use it. For more information, visit www.millionways.me/#/en.
About BCII Enterprises, Inc.
BCII Enterprises Inc., is a holding company focused on identifying, acquiring, and scaling disruptive assets in the blockchain and artificial intelligence sectors.
Important Cautions Regarding Forward-Looking Statements
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. Those statements include statements regarding the intent, belief or current expectations of BCII Enterprises, Inc. (the "Company"), and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.
The Company undertakes no obligation to update or revise forward-looking statements to reflect changed conditions. Statements in this press release that are not descriptions of historical facts are forward-looking statements relating to future events, and as such all forward-looking statements are made pursuant to the Securities Litigation Reform Act of 1995. Statements may contain certain forward-looking statements pertaining to future anticipated or projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this press release that are not statements of historical fact may be considered to be forward-looking statements. Words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," "aim to," or variations of these or similar words, identify forward-looking statements. These risks and uncertainties include, but are not limited to, those described in Item 1A in the Company's Annual Report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may periodically be described in the Company's filings with the SEC.
Contact:
Andreas Typaldos
info@bciienterprises.com
SOURCE: BCII Enterprises Inc.
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