EWRC - After 5 Reverse Splits Outstanding Shares Still In The BILLIONS

EWRC or EWRL or EWDI or EWDC or... well you get the point. After each reverse split EWRC was able to obtain a new stock ticker and a new lease on life. The company was more than likely glad to have a new symbol as people tend to have short memories and new symbols mean new chances to play the same game to the same people, as well as turning another new bunch of buyers into the latest "bagholders". Then again being a "bagholder" portends holding onto something. With a history of reverse splits EWRC shareholders lack just that, shares to hold.


EWRC did a 12,000:1 Reverse Split in January 2008 then just to make sure existing shareholders lost almost all of their investment they did a 20 for 1 reverse split. It's the equivalent of kicking a man while he's down, then again a man flat down on his face doesn't have the opportunity to average down as some EWRC, or EWRL or EWDI or EWDC share(bag)holders likely did.

The "company" today issued a press release stating how the share structure has remained unchanged for 13 months. What the press release failed to mention was that from the last 20-1 reverse split in March 2008 until June 1 of this year, when this stock began to get pumped, EWRC was at $.0001, and volume for that entire time frame was less than 20 million shares. There was no one willing to touch the stock. yet somehow the shares again are almost maxed out. Magically the share structure balloons after each reverse split.

Pouring brown sugar on a pile of horse manure does not make it taste any better. Saying the share structure has not changed for 13 months still does not change that fact that EWRC has continued to dupe investors and reverse split those investors shares at will.

A $10 million investment in EWRC would be worth less than a $1 today.

Today's price action continues to reveal the supply of shares hitting the market. Once supply outstrips demand, absent an immediate reverse split, EWRC will head back to the depths of which it rose, $.0001 and the $.019 offer will be proved to be what most of felt from the minute it was issued, an attempt to get people to buy the stock.

Todays press release is below:

eWorld Companies' Outstanding Common Shares and Public Float Remain Unchanged for Past Year

LOS ANGELES, CA, Sep 14, 2009 (MARKETWIRE via COMTEX) -- eWorld Companies, Inc. (PINKSHEETS: EWRC) has once again confirmed that its common share situation has not changed since August of 2008: 7,000,000,000 authorized shares; 6,638,172,520 outstanding shares; and 4,706,017,723 shares in the public float.

eWorld CEO Henning Morales explained that this announcement was made in response to the many inquiries that the company has received about its share structure, which have apparently been stimulated by unfounded rumors on the Internet chat boards. Mr. Morales stated, "We want to be quite clear that our stock situation remains exactly the same as it was 13 months ago, with no changes or increases in the company's authorized or outstanding shares or public float. Exciting things are happening at eWorld and we continue to work diligently to build a strong company with an equally strong shareholder value."

ABOUT EWORLD COMPANIES, INC.

eWorld Companies, Inc. markets and distributes cutting edge Internet technologies including its patent-pending Boomerang Media Station(TM), a free Internet application that features exclusive and third-party movies, music videos, webcasts and other streaming video content delivered via its unique state-of-the-art broadcast quality video player. eWorld has recently released Boomerang v4.0; begun marketing a Private Label Boomerang for profit and non-profit organizations; launched its eWorldMix Social Network and started accepting submissions for the upcoming 2nd annual eWorld Music Awards, all part of a coordinated plan for reaching its initial goals of one to two million Boomerang downloads and $1,000,000 month gross profits by early 2010. 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) 471-7674