Friday, April 26, 2013 2:14:31 PM
http://www.otcmarkets.com/stock/EWRC/news
eWorld Companies, Inc. Initiates Reinstatement Process in Anticipation of Renewing Implementation of Business Model
LOS ANGELES, CA, Apr 26, 2013 (Marketwired via COMTEX) -- Henning Morales, CEO of eWorld Companies, Inc. (PINKSHEETS: EWRC), announced today that the company has completed all necessary requirements for full reinstatement of its corporate status in the state of Nevada and is now in the process of preparing its financial statements for voluntary posting on Pink Sheets as well.
Mr. Morales further commented on the timing of these events by explaining that the company's revenues have increased sufficiently in recent months that management now feels confident that the current economic climate is now favorable for the company to secure the last round of funding it needs to complete the implementation of its business model. Additional details regarding the company's near term marketing plans will be released in the very near future.
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(R) is a multimedia content delivery platform and 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. eWorld also produces and promotes live professional and lifestyle events through a separate division, "THE Xperience." 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) 715-1186
SOURCE: eWorld Companies, Inc.
(C) 2013 Marketwire L.P. All rights reserved.
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SUBJECT CODE: Computers and Software:Internet
Lifestyle and Leisure:Recreation
Professional Services:Advertising, PR and Marketing
Media and Entertainment:Music and Radio
Media and Entertainment:Television
Media and Entertainment:Movies
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