One World Ventures, Inc. CEO Issues Letter to Shareholders
LAS VEGAS, NV--(Marketwire - 11/16/09) - One World Ventures, Inc. (Pinksheets:OWVI - News) CEO Stephen Prior issued a letter to shareholders today, providing an update on the company's progress. The letter reads as follows:
Dear Shareholders of One World Ventures, Inc.
I want to take this opportunity to state unequivocally that we have no plans to execute any further dilution of shares for a minimum of 6 months. On the completion of the InterSolarTech acquisition expected this week the Company will have issued and allocated all 2 billion shares authorized.
All subsidiaries are well funded to be fully operational and have a strong business plan in place which is already in the process of being executed to generate revenue and profits. At the present time we project to generate enough revenue and profit to be able to fund operations for the 2nd half of 2010.
The company is committed to increasing shareholder value going forward by continuing to execute on its solid business plan and reward our loyal shareholders that have stuck with the company during its building stages.
In conclusion, I'm happy to report that the manufacturing division of our company is doing exceptionally well, and our hard work continues to show results. The Financial services Division of our company has a very strong future and the necessary compliance and regulations required to implement our plan are on track but time consuming. However, we foresee this business to be in a positive cash flow position by the end of the first quarter of 2010.
Respectfully,
Stephen Prior, CEO of One World Ventures, Inc.
About One World Ventures, Inc.
One World Ventures, Inc. is a holding company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages.
Safe Harbor Statement:
Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. One World Ventures, Inc. undertakes no obligation to update any such statements to reflect actual events.
AI
