OWVI One World Ventures Inc (PK)

One World Ventures, Inc. (PINKSHEETS: OWVI) announced today it has successfully obtained funding to further expand the business operations in its effort to become more profitable and provide greater shareholder value. One World had increased the authorized shares by 500 million and was able to successfully place shares which will enable the company to take advantage of expansion opportunities and help achieve its growth goals.

"We are still a very young company, yet we are in the process of growing rapidly," CEO Stephen Prior explained. "This influx of capital will allow us to focus on new 1World Cash locations as well as other opportunities."

In an effort to become fully reporting and provide greater transparency, One World is pleased to announce that Baker Tilley, an international accounting firm located in Hong Kong, is completing the audit of the company's financials. Once finished, One World will release the report at which stage the company will meet all the SEC requirements to be a fully reporting company.

In addition, the company is providing full accessibility of its transfer agent in Las Vegas, NV and can be reached for share structure details. As of Friday, August 13, 2010, the authorized share total is 2.5 billion, all of these shares are issued or allocated. One World doesn't anticipate any changes to the share structure in the foreseeable future.

Safe Harbor Statement: Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. One World Ventures, Inc. undertakes no obligation to update any such statements to reflect actual events.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact: One World Ventures, Inc. USA Tel (+1) 702-789-1088 investors@1worldventures.net http://www.1worldventures.net