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DLP

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DLP

Re: None

Monday, 04/16/2012 9:56:19 AM

Monday, April 16, 2012 9:56:19 AM

Post# of 5030
AUSTIN, Texas --(BUSINESS WIRE)-- April 16, 2012 --
eDoorways International Corporation (Pink Sheets: EDWY)
announced today that it has retained an outside accounting firm and independent auditing firm, both very highly regarded, to immediately commence work on the Company's audit. eDoorways has formally engaged Boisseau Felicione & Associates, Inc. to prepare its financial statements, and De Leon & Company, P.A . to serve as its independent auditor. "We've interviewed quite a few reputable accounting and auditing firms in recent months and after careful evaluation, we're very pleased to be able to announce the engagement of these two outstanding companies," stated Chris Mitchell , CFO of eDoorways. "While the Pink Sheets has provided a superb launch pad for eDoorways during a period of regrouping over the past several years, it seems clear to us that in order to make the most of the strategic opportunities with which we're now presented, we must significantly expand the scope of our reach throughout the capital markets both here in the U.S. and abroad. This strategy is best accomplished through the type of exposure and credibility gained from being listing on a relatively prominent stock exchange, as eDoorways will soon be," continued Mitchell.
The Company is in the process of securing legal counsel for the preparation of the S-1 filing and has received substantial offers of equity following its completion. "We are in the process of evaluating all offers and we will engage the one best situated for our company and shareholders," concluded Mitchell.
For more information on eDoorways International Corporation and/or the " eDoorways 2.0 platform," please visit our website at www.eDoorways.com or e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.
CONTACT: Heritage Corporate Services, Inc.
Jeffrey Staller ,
561-210-5675
President
www.HeritageIR.com
SOURCE: eDoorways International Corporation Copyright Business Wire 2012

(END) Dow Jones Newswires
04-16-12 0837ET

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