One World Ventures Acquires Funding for Further Expansion
August 13 2010 - 11:16AM
Marketwired
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.
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Contact: One World Ventures, Inc. USA Tel (+1) 702-789-1088
investors@1worldventures.net http://www.1worldventures.net
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