Updated Financials in Process as eWorld Companies Prepares for Upgrade to Current Information Status
03 11월 2009 - 12:55AM
Marketwired
eWorld Companies, Inc. (PINKSHEETS: EWRC) announced today that its
financial team is nearing completion of the updated financials and
internal audits required to qualify the company for Pinksheets
Current Information status. All financial information has been
accumulated and the final corporate disclosure statements are now
being prepared by the company's legal team, with the expectation of
delivery to Pinksheets within thee next week. CEO Henning Morales
stated, "We are very pleased to make this announcement. Our
original plans were to retain Hillbroy Advisory to assist us in
this process, and when those plans did not materialize, we were
able to quickly secure alternate resources to get the job done in a
timely manner."
The company also reported that it will be issuing new and
updated information about its upcoming eWorld Music Awards Show
within the next few days.
ABOUT EWORLD COMPANIES, INC.
eWorld Companies, Inc. markets and distributes cutting edge
Internet technologies through its wholly-owned subsidiary eWorld
Entertainment, Inc. and its International network of Affiliates,
users and strategic partners. eWorld's patent-pending Boomerang
Media Station® features exclusive and third-party movies, music
videos, webcasts and other streaming video content delivered via
its unique state-of-the-art high-definition quality video player.
Boomerang is a free software program that streams rich media within
the actual application and remains ever-present as the user browses
the Internet, offering the user one-click access to limitless
entertainment experiences and convenience benefits. The Company's
revenue model consists of six major components: (1) Advertising
Revenues; (2) Affiliation Fees; (3) Affiliate Monthly
Subscriptions; (4) Product Sales; (5) Technology Licensing; and (6)
International Marketing License Fees. For more information visit
www.eworldcompanies.com.
Safe Harbor Statement: This release contains forward-looking
statements with respect to the results of operations and business
of eWorld Companies, Inc., which involves risks and uncertainties.
The Company's actual future results could materially differ from
those discussed. The Company intends that such statements about the
Company's future expectations, including future revenues and
earnings, and all other forward-looking statements be subject to
the "Safe Harbors" provision of the Private Securities Litigation
Reform Act of 1995.
Contact: Henning Morales CEO (310) 471-7674
eWorld Companies (PK) (USOTC:EWRC)
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eWorld Companies (PK) (USOTC:EWRC)
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