Take a cruise over the EWRC's company web site. It's chock full of fabulous info and then at the bottom you find a very noticeable link to its Safe Harbor Statement.
http://www.eworldcompanies.com/safe_harbor_statement.php
In case you don't have the time here is the Safe Harbor Statement directly from EWRC's web site:
Safe Harbor Statement
eWorld Companies, Inc.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This site includes "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as eWorld Companies or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, such statements herein that describe the company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward- looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
The forward-looking statements included in this release are made only as of the date of this release and the company undertakes no obligation to update the forward-looking statements to reflect subsequent events or circumstances.
The pennystockguru can give you this same safe harbor statement in one quick sentence:
"We can say whatever we want and get away with it"
So there you have it. EWRC in very obvious fashion is covering its own ass on its web site to be sure investors know that statements on that web site are forward looking and thus can not be relied upon. To the average investor this might not be something they understand, comprehend, or even care about. But to anyone looking to make an investment this should be a red flag.
Another red flag should be the obvious selling of stock during recent trading sessions. Today the stock succumbed to selling pressure falling over 20%.
Look at the selling on our chart:
If the selling picks up in earnest this stock could be back at $.0001 before Morales returns from his trip to Washington (PR pasted below). That $.019 offer for all 6.638 billion EWRC shares is looking more obscene by the day. Please tell me why this stock continues to fall while a supposed $.019 bid sits on the table? Are we not right in calling out this obvious misleading of investors? We'd enjoy some feedback. If you are an EWRC investor please tell us we are wrong and why you are buying this stock.
CEO Henning Morales Goes to Washington D.C. and Kicks Off Sponsorship Alliance With National Hispanic Foundation for the Arts at Gala Event Where Supreme Court Justice Sonia Sotomayor Was Special Guest
LOS ANGELES, CA, Sep 17, 2009 (MARKETWIRE via COMTEX) -- eWorld Companies, Inc. (PINKSHEETS: EWRC) and the National Hispanic Foundation for the Arts have agreed to a series of cross-promotional efforts to promote one another's activities and charitable causes. The program got under way this week in Washington, D.C. when eWorld was presented Monday evening at a VIP Salon Dinner and Tuesday night at the Foundation's Annual Gala. This year's gala was themed "Noche Musical" to help launch "Latin Music USA," a four-part PBS documentary airing next month, and the guest list included a veritable "Who's who" of insiders from Washington, Wall Street and the entertainment industry including special guest new Supreme Court Justice Sonia Sotomayor. Others in attendance included Secretary of Labor Hilda Solis, FCC Chairman Julius Genachowski, Executive Director of the President's Commission on the Arts & Humanities Rachel Goslins, and a wide range of A-list celebrities, politicos, and executives including representatives from NBC Universal, Disney/ABC, Fox Entertainment, CBS Corporation, Ford Motor Company, AT&T, The Coca-Cola Company and others. eWorld was represented by CEO Henning Morales and Sr. VP Don Grenough, and video footage and still photos of the event will be available soon on eWorld's Boomerang Media Station(TM).
eWorld and NHFA will continue to work together on a series of additional activities, including eWorld's sponsorship of a special fund-raising event for NHFA's charitable causes, which will take place in Los Angeles during Grammys week, in conjunction with the eWorld Music Awards Show on January 29, 2010.
The NHFA was co-founded by Jimmy Smits, Sonia Braga, Esai Morales, Merel Julia (widow of Raul Julia), and Washington, D.C. attorney Felix Sanchez, to increase participation of Hispanics in the entertainment industry. The Foundation offers graduate scholarships and an outreach program at prominent colleges and universities for young Latinos aspiring to careers in entertainment and media. It also seeks to expand career opportunities for existing talent in all aspects of entertainment, telecommunications and performing arts.
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) is 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.
For further 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 results could materially differ from those discussed. The Company intends that 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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