Recent Events

We have filed with the State of Delaware an amendment to our Certificate of Incorporation changing our corporate name from GK Intelligent Systems, Inc. to M Power Entertainment Inc., effective May 18, 2005. This amendment was ratified on May 10, 2005 by the unanimous written consent of both our Board of Directors and stockholders holding a majority of our outstanding shares of common stock (based on shareholdings on February 21, 2005).

Also on May 10, 2005, our Board of Directors ratified by unanimous written consent a proposal to effect a reverse stock split of our authorized and issued shares of common stock on a one share for two hundred share basis...