Ventures, - One World Ventures, Inc. Updates Financials and Elevates Pink Sheets Status to "Current Information" 12.08.2009 | 13:29 Uhr
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-------------------------------------------------------------------------------- One World Ventures, Inc. Updates Financials and Elevates Pink Sheets Status to "Current Information"LAS VEGASNV-ONE-WORLD-VENTURES LAS VEGAS--(BUSINESS WIRE)-- One World Ventures, Inc. (PINKSHEETS:OWVI) announced today that it has released its current financial statements and reported them to Pink Sheets for uploading and disclosure. The posting of these updated financials, along with accompanying opinion letter from the company?s legal counsel, qualifies OWVI for ?Current Information? status with Pink Sheets. This represents an upward move to the second-highest level possible, and OWVI has been notified by Pink Sheets that these changes will be reflected on the website some time today.
OWVI, CEO, Stephen Prior commented, ?These events mark a significant milestone in OWVI?s growth as a publicly traded company, while also providing increased disclosure of management?s continued efforts to build the long-term viability of the company.?
OWVI also announced today that it has increased its authorized shares of common stock to two billion in order to make possible the issuance of equity in the event of a financing. "The purpose of the increase in common shares is to assure that the company will have sufficient shares available for issuance in connection with possible future equity-based financings, acquisitions and other corporate objectives," said Stephen Prior, CEO.
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.
The Company looks for simple inexpensive alternatives to traditional ways of doing business. The strategic goal in every business is in leveraging assets and opportunities globally, focusing on niche markets and providing cost effective operations. The company's unique holdings will provide revenues predominantly derived from memberships, commissions and transactions.
One World Ventures, Inc. business will provide substantial growth and opportunity in the short term and long term. Despite the global economic downturn, One World Ventures, Inc. is focused to leverage its diversified and global strategies, expanding all of their divisions and adding key personnel to embark on an aggressive marketing and sales program.
Safe Harbor Statement:
This release contains forward-looking statements with respect to the results of operations and business of One World Ventures, 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.
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