UWRL awoke from its recent consolidation phase after a filing hit Pink Sheets late in the session. This was not press released and has likely slipped under the radar of most investors, but not all. The stock hit a high of $.0025 after trading as low as $.0015. The value I have been talking about coming into UWRL is finally happening. The price per share will begin to reflect this value going forward.
US Wireless Inc. (UWRL) Finalized Due Diligence with Vu365
HENDERSON, NV, July 13, 2010 -- US Wireless Online Inc. (UWRL; www.uswirelesscorporation.com)
announces that the managements of UWRL and Vu365 came to agreement on merging Vu365 into
UWRL. Both managements completed the due diligence stage and Vu365 will merge with UWRL shortly.
UWRL is in the process of filing a new ACI with Pink Sheets to improve the company ranking. The update
on the company ranking will follow with the anticipated merger news.
As part of the pre-merger negotiations, Vu365 will build a English section of their website and formulate
logistical solutions to effectively communicate with its shareholders and future American clients.
365 Group, founded in 2005, operates web and casual games. The company grew organically with
acquisitions, enhancements and developments. The 365 Group has several products in development: an
assortment of strategic web games, cyber games and 3-D large scale competitive games with focus on
oriental themes. Vu365 has already garnered popularity as the sole agent of a Korean MMORPG
(Massively Multiplayer Online Role-Playing Game), a game that accrued 3000 online gamers and a
monthly residual income of almost 300,000 RMB about $10,000.00 USD from that single application
alone.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=33887
Posts
No comments:
Post a Comment