eWorld Companies CEO Henning Morales Completes 8-Day Promotional Tour; Reports Positive Response From Shareholder Conference Cal
09 October 2009 - 12:00AM
Marketwired
Henning Morales, CEO of eWorld Companies, Inc. (PINKSHEETS: EWRC),
will finish an 8-day Promotional Tour today with an invitation-only
luncheon in Washington, D.C. co-sponsored by eWorld Companies and
the National Hispanic Foundation for the Arts (NHFA). Mr. Morales
spent the previous week attending the International Film Festival
in Marbella, Spain, where eWorld presented a Special Achievement
Award to William Shatner, and hosting a series of private meetings
in Marbella and Madrid.
The high profile luncheon was organized by NHFA CEO Felix
Sanchez and Don Grenough, who has worked with and produced many
charity events and raised over $250 million for charitable
organizations including the "We Are the World" campaign with
Michael Jackson, Save the Rainforest Foundation with Sting, 17
events with Muhammed Ali, and extensive work with American Red
Cross and United Way. Mr. Morales commented, "Our company is
working closely with the NHFA and we are committed to creating a
charity site using eWorld technology to benefit the NHFA with the
goal of providing more scholarships to the children the foundation
benefits."
Mr. Morales also reported that the response from last week's
shareholder conference call has been mostly positive, stating,
"Although many of our shareholders were initially excited about
what appeared to be a friendly and lucrative merger possibility,
upon further scrutiny it became clear that acceptance of the offer
as written could result in potential legal issues for the company
and therefore would not be in the company's or the shareholders'
best interest. With this issue behind us, the company is again free
to focus 100% of its efforts on meeting our short and mid-term
goals. Our management team and the majority of our shareholders
remain very excited about the company's future."
ABOUT EWORLD COMPANIES, INC.
eWorld Companies, Inc. markets and distributes cutting edge
Internet technologies including its patent-pending Boomerang Media
Station™, 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
monthly gross profits by early 2010. For more information visit
www.eworldcompanies.com.
Safe Harbor Statement: This release contains forward-looking
statements with respect to results of operations and business of
eWorld Companies, Inc., which involves risks and uncertainties. The
Company's 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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