One World Ventures, Inc. Schedules Release of FinancialsFont size: A | A | A9:29 AM ET 2/8/10 | Marketwire
One World Ventures, Inc. (PINKSHEETS: OWVI) announced it will release financial results for its fiscal year 2009 after Market close on February 11, 2010.
The Company will post gross revenue increase of 32% in the fourth quarter 2009 over third quarter. Same year net quarterly profit for the fourth quarter increased by 21% over third quarter. The company will post a net profit for 2009.
"We had an incredible year of expansion and are thrilled to show a net profit for the year while still in the development stages of our core business segments," CEO of One World Ventures, Inc. Stephen Prior commented. "We expect dramatic increases in revenue during the 1st quarter of 2010 as we will begin to realize income from the acquisition of Inter Solar Tech, open up 1 World Cash locations and as One World Ventures begins firing on all cylinders in all of its business segments."
"Looking ahead, as we reach significant milestones, we expect revenue in the range of $8 million to $10 million in 2010," Prior said. "We are very excited to deliver shareholder value in 2010."