eWorld Companies Inc (EWRC)

[Windbag1014]

They have reported Doc. And I would not use the word "great" to describe them.

"No, Ewrc last 3 pr said they will have financials

so they must be great"

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=ewrc

Posted to Pink Sheets 12/17 and 12/18. Funny, management didn't throw a party for these numbers. No PR, why not?

Make sure and take a look at the going concern section. They are willing to issue more shares to raise capital. They will need to do this since they haven't made any money over the reporting period (last nine months). $0.00 Net revenue over the 9 month period.

Paid out $2.8 million in consulting fees. This is intriguing. If they are actually spending this money on R&D, I think that would be promising. I don't have much faith in that though.