Not an hour ago the guru asked for a vague two sentence press release to update shareholders, and even hoped that it would be done before the weeks end and here is the excerpt:
Lets hope EWRC can release another vague two sentence press release updating shareholders on this $.019 "major offer" in the days to come. At the current rate of share decline they might want to start scripting that press release before weeks end.
EWRC answered in spectacular fashion. The new press release, that came out less than an hour after the pennystockguru's last post, sheds absolutely zero light on yesterdays Press release.
" eWorld Companies Board of Directors Approves Offer for Purchase of Outstanding Shares at 1.9 Cents"... How many board directors are there for this one employee company?
"Upon completion of this due diligence and approval, the company will make a recommendation to its shareholders. "...recommendation to shareholders? Maybe something to the likes of "We recommend you hold onto your shares during this due diligence process. Our lawyers are not sure a 1000%+ premium for our "company" is sufficient. We anticipate competing offers of $.02 and $.03. The person(s) responsible for our "major offer" has even asked us to raise the outstanding and authorized shares to 10 billion as they would like to buy as many shares as possible" This is just speculation but at this point this is playing out better than a day-time soap opera.
eWorld Companies Board of Directors Approves Offer for Purchase of Outstanding Shares at 1.9 Cents Market Wire "US Press Releases "
LOS ANGELES, CA -- (MARKET WIRE) -- 09/10/09 -- eWorld Companies, Inc. (PINKSHEETS: EWRC) announced today that its Board of Directors has approved an offer for purchase of all outstanding shares at 1.9 cents a share pending completion of due diligence and approval by their attorneys. Upon completion of this due diligence and approval, the company will make a recommendation to its shareholders.
ABOUT EWORLD COMPANIES, INC.
eWorld Companies, Inc. markets and distributes cutting edge Internet technologies through its International network of Affiliates, users and strategic partners. eWorld's patent-pending Boomerang Media Station(TM) features exclusive and third-party movies, music videos, webcasts and other streaming video content delivered via its unique state-of-the-art high-definition quality video player. Boomerang is a free software program that streams rich media within the actual application and remains ever-present as the user browses the Internet, offering the user one-click access to limitless entertainment experiences and convenience benefits. For more information visit www.eworldcompanies.com or call (310) 471-7674.
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
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