SOURCE: eWorld Companies, Inc.

September 14, 2009 13:10 ET

eWorld Companies' Outstanding Common Shares and Public Float Remain Unchanged for Past Year

LOS ANGELES, CA--(Marketwire - September 14, 2009) - eWorld Companies, Inc. (PINKSHEETS: EWRC) has once again confirmed that its common share situation has not changed since August of 2008: 7,000,000,000 authorized shares; 6,638,172,520 outstanding shares; and 4,706,017,723 shares in the public float.

eWorld CEO Henning Morales explained that this announcement was made in response to the many inquiries that the company has received about its share structure, which have apparently been stimulated by unfounded rumors on the Internet chat boards. Mr. Morales stated, "We want to be quite clear that our stock situation remains exactly the same as it was 13 months ago, with no changes or increases in the company's authorized or outstanding shares or public float. Exciting things are happening at eWorld and we continue to work diligently to build a strong company with an equally strong shareholder value."

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 month gross profits by early 2010. For more information visit www.eworldcompanies.com.

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 Information

  • Contact:
    Henning Morales
    CEO
    (310) 471-7674