SOURCE: eDOORWAYS Corporation

eDOORWAYS Corporation

February 26, 2009 10:00 ET

eDOORWAYS Files Application for OTCBB

15C-211 Is Filed in an Attempt to Restore OTCBB Listing, Showing Company's Dedication to Both Short and Long Term Goals

AUSTIN, TX--(Marketwire - February 26, 2009) - eDOORWAYS (PINKSHEETS: EDWY) announces that it has filed application with FINRA (Financial Industry Regulatory Authority) to return to the OTCBB.

As of Monday, February 23rd, 2009, eDOORWAYS made good on its intention to move the company back onto the OTCBB by filing the form 15C-211, once again setting the pace for what may prove to be an exciting year. "In the recent past I said that moving back to the OTCBB has long been a goal for the company," stated Gary Kimmons, CEO of eDOORWAYS Corporation. "Today, that goal is one step closer to being fulfilled."

While the concept of listing on the OTCBB may seem simple, the process generally is not. First the company must be current on its filings. This entails a company first having the ability to afford the cost of yearly audits. Next, companies must have a sponsor willing to represent them. Sponsors are not easy to come by. eDOORWAYS however, was fortunate enough to enlist the support of World Trade Financial Corporation.

The World Trade Financial Corporation, a San Diego financial services firm, provides brokerage services in various countries throughout the world. The firm's services include market making, private placements, restricted stock transactions and 15C-211 filings. The World Trade Financial Corporation, like similar firms in their space, is very discerning when determining which client's to sponsor. This is partly due to the responsibility assumed during what is referred to as the "quite period", or the first 30 days the company is newly listed on the OTCBB.

After application is made with FINRA, there is normally a 30-day waiting period. However, it is expected that eDOORWAYS will get a response within the next two weeks. Provided there are no substantial comments from the regulatory agency, if any, it is expected that the company will be back on the OTCBB by late April. "This year is shaping up for us really nicely so far," says Kimmons. "We're surely demonstrating our intention to make big strides this year by simply meeting short term goals. The company and all of its supporters are very excited with the progress so far."

Optimism continues to be strong at eDOORWAYS as now the third goal of the year has been achieved. People close to eDOORWAYS believe that the current direction is what shareholders generally want to see. What may also be appreciated is the dedication and consistency demonstrated by this social ecommerce and networking internet company. The corporation established clear set goals of getting "current", restructuring its debt and plotting a course for OTCBB listing. So far EDWY has demonstrated sure tenacity in meeting these objectives. If these actions in anyway foreshadow future events, then eDOORWAYS' aggressive pursuit of its business model may prove to be very successful.

About eDOORWAYS Corporation

For more information on eDOORWAYS Corporation and/or the "eDOORWAYS" initiative, please e-mail a package request to info@edoorways.com. You can also visit our website at www.edoorways.com, make comments via the corporate blog (www.edoorways.wordpress.com) or call toll free at (866) 482-3829.

Safe Harbor

Statements in this news release that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company's actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company's customers, competition and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission.

Contact Information

  • For further information, contact:

    At The Company:
    eDOORWAYS Corporation
    Investor Relations
    (866) 482-3829
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