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Replies to post #57120 on Marketing Worldwide Corp (MWWC)
B. Please list any subsidiaries, parent company, or affiliated companies.
The issuer has one subsidiary, Marketing Worldwide Media, LLC.
C. Describe the issuers’ principal products or services.
Media productions and programming.
On February 28, 2023, the Company completed the acquisition of Wyoming-based Marketing Worldwide Media LLC ('MWML'), which becomes a wholly owned subsidiary. The consideration paid was the issuance of 400,000 shares of Series E Preferred Stock, which convert into 40,000,000 shares of common stock. The management also shares in 35% of future profits. As part of this transaction, the Company retains the services of Robert Blagman, who ha over 30 years of experience in network sales, communications and management. The expectation is that MWML will generate revenues from ad sales aired on any number of networks contracted.
On March 15, 2023, the Company announced that it was starting the process of developing a live late night televisions series titled 'Hollywood After Dark'. In Live TV for Hollywood After Dark the company is investing resources and time into possible PPV Events
Marketing Worldwide Media, LLC n February 28, 2023, the Company acquired Marketing Worldwide Media LLC ('MWWM') in exchange for 400,000 shares of Series E Preferred Stock, with a par value of $0.025, for a transaction price of $10,000. The Company had no assets or liabilities at the time of acquisition, so the entire acquisition price was allocated to goodwill.
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