CornerWorld
Encyclopedia
CornerWorld Corporation is a microcap publicly traded company holding assets in direct marketing
, telecommunications and technology
. CornerWorld has headquarters in Dallas, Texas
, as well as offices in Holland, Michigan
, and New York, New York.
that provided a way for users to earn revenue from photos, music and videos posted to the site. Building off of an original product called Cornerband, CornerWorld evolved into platform for users to connect with one another using business manager services such as sending and receiving emails, live chats, interactive classified ads and invitations.
In May 2007, CornerWorld officially changed its name to CornerWorld Corporation, and in August of that year became a publicly traded company through a share exchange agreement with Olympic Weddings International, Inc., a tour company specializing in wedding packages for past Olympic Games
cities. In September 2007, CornerWorld entered into a distribution agreement with Napster
to increase the exposure to musicians on the site.
In April 2009, as a result of the acquisitions of Enversa Companies and Woodland Holdings, CornerWorld removed their social network from www.cornerworld.com, and rebranded the domain as the corporate website.
marketing company, but the deal was cancelled in May 2008 due to CornerWorld's inability to meet the financial terms of the arrangement. In September 2008, CornerWorld acquired Leadstream, LLC, a technology-oriented direct response marketing company that was founded by Marc Pickren. As part of the agreement, Leadstream, LLC merged with Enversa and now operates under the name Enversa Companies, LLC.
On February 23, 2009 CornerWorld completed the acquisition of Woodland Holdings, Ltd, which included Woodland Wireless Solutions, West Michigan Colocation Services, T2TV, RANGER Wireless Solutions, Visitatel and T2 Communications. This included acquisition of the 611
Roaming Service patent, which generates revenue by processing over 14 million calls from roaming wireless customers per year and seamlessly transferring them to their service provider. On March 30, 2011, CornerWorld announced that it had completed the terms of the Settlement Agreement with former Woodland Holding Ltd owner and CornerWorld Board member Ned Timmer .
Direct marketing
Direct marketing is a channel-agnostic form of advertising that allows businesses and nonprofits to communicate straight to the customer, with advertising techniques such as mobile messaging, email, interactive consumer websites, online display ads, fliers, catalog distribution, promotional...
, telecommunications and technology
Technology
Technology is the making, usage, and knowledge of tools, machines, techniques, crafts, systems or methods of organization in order to solve a problem or perform a specific function. It can also refer to the collection of such tools, machinery, and procedures. The word technology comes ;...
. CornerWorld has headquarters in Dallas, Texas
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...
, as well as offices in Holland, Michigan
Holland, Michigan
Holland is a city in the western region of the Lower Peninsula of the U.S. state of Michigan. It is situated near the eastern shore of Lake Michigan on Lake Macatawa, which is fed by the Macatawa River ....
, and New York, New York.
History
CornerWorld was founded in 2003 as a social network serviceSocial network service
A social networking service is an online service, platform, or site that focuses on building and reflecting of social networks or social relations among people, who, for example, share interests and/or activities. A social network service consists of a representation of each user , his/her social...
that provided a way for users to earn revenue from photos, music and videos posted to the site. Building off of an original product called Cornerband, CornerWorld evolved into platform for users to connect with one another using business manager services such as sending and receiving emails, live chats, interactive classified ads and invitations.
In May 2007, CornerWorld officially changed its name to CornerWorld Corporation, and in August of that year became a publicly traded company through a share exchange agreement with Olympic Weddings International, Inc., a tour company specializing in wedding packages for past Olympic Games
Olympic Games
The Olympic Games is a major international event featuring summer and winter sports, in which thousands of athletes participate in a variety of competitions. The Olympic Games have come to be regarded as the world’s foremost sports competition where more than 200 nations participate...
cities. In September 2007, CornerWorld entered into a distribution agreement with Napster
Napster
Napster is an online music store and a Best Buy company. It was originally founded as a pioneering peer-to-peer file sharing Internet service that emphasized sharing audio files that were typically digitally encoded music as MP3 format files...
to increase the exposure to musicians on the site.
In April 2009, as a result of the acquisitions of Enversa Companies and Woodland Holdings, CornerWorld removed their social network from www.cornerworld.com, and rebranded the domain as the corporate website.
Acquisitions
CornerWorld attempted to purchase Sway, Inc., a social mediaSocial media
The term Social Media refers to the use of web-based and mobile technologies to turn communication into an interactive dialogue. Andreas Kaplan and Michael Haenlein define social media as "a group of Internet-based applications that build on the ideological and technological foundations of Web 2.0,...
marketing company, but the deal was cancelled in May 2008 due to CornerWorld's inability to meet the financial terms of the arrangement. In September 2008, CornerWorld acquired Leadstream, LLC, a technology-oriented direct response marketing company that was founded by Marc Pickren. As part of the agreement, Leadstream, LLC merged with Enversa and now operates under the name Enversa Companies, LLC.
On February 23, 2009 CornerWorld completed the acquisition of Woodland Holdings, Ltd, which included Woodland Wireless Solutions, West Michigan Colocation Services, T2TV, RANGER Wireless Solutions, Visitatel and T2 Communications. This included acquisition of the 611
6-1-1
For customers of some telephone companies in Canada and in the U.S., 611 is the abbreviated dialing telephone number used to report a problem with telephone service, or with a payphone...
Roaming Service patent, which generates revenue by processing over 14 million calls from roaming wireless customers per year and seamlessly transferring them to their service provider. On March 30, 2011, CornerWorld announced that it had completed the terms of the Settlement Agreement with former Woodland Holding Ltd owner and CornerWorld Board member Ned Timmer .
Corporate Leadership
Board of Directors- Scott Beck: Chairman
- Marc Blumberg: Director
- Kelly Larabee Morlan: Treasurer, Secretary