View Full Version : OWVI - One World Ventures, Inc. (PINK Stock)
paperchase
07-24-2009, 10:46 AM
One World Ventures, Inc. is a holding company with management resourced in Asia and the United States that invests in technologies, communities, and systems that facilitate trade, finance, communication, and travel across international boundaries, cultures, and languages.
The Company looks for simple and inexpensive alternatives to traditional ways of doing business. Strategic goals in every business are in leveraging assets and opportunities globally while focusing on niche markets and providing cost effective operations. The company's unique holdings will provide revenues predominantly derived from memberships, commissions, and transactions.
One World Ventures, Inc. will provide substantial growth and opportunity in the short term and long term. Despite the global economic downturn, One World Ventures, Inc. is focused to leverage its diversified and global strategies now, expanding divisions and adding key personnel to embark on an aggressive marketing and sales program.
paperchase
07-24-2009, 10:47 AM
One World Ventures, Inc. Announces Financing Commitment
7:00a ET July 13, 2009 (Business Wire)
One World Ventures, Inc. (PINKSHEETS:OWVI) announced today that it has successfully entered into a $250,000 funding commitment with Glencourt Holdings Inc. This funding is the first payment and One World Ventures has agreed to leave the door open for additional funding from Glencourt Holdings Inc.
This investment will allow the company to react quickly to its customers' needs with the integration of private-label branded cards and global marketing companies. The Company will expand access to stored value cards for consumers through multiple distribution channels and generate continued profits for its shareholders.
Stephen Prior, CEO One World Ventures, Inc., said, "We are pleased to announce this funding agreement that enables us to build on our strategic plan and provide our customers with the most cost effective and innovative products in our industry. This agreement should help us maintain a competitive advantage."
paperchase
09-30-2009, 10:26 AM
One World Ventures, Inc. Subsidiary Tutamen Expands Services for Companies Looking to Conduct Business in China
2:02p ET September 2, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) announced today that Tutamen consulting services provides companies seeking to conduct business in China a rare and enlightening view of the business culture of China and an understanding of how to align its business practice to leverage the incredible opportunities China offers.
Companies can save thousands if not millions of dollars by properly understanding and developing a "China Strategy" before entering the Chinese marketplace.
"I have always believed that our organization is primarily in the business of teaching our clients about the Chinese business culture and how to create and maintain relationships with manufacturers in China," said Stephen Prior CEO of One World Ventures, Inc. "Too often clients come to us after having tried going into to China on their own, or on the advice of someone not qualified to offer advice and support in the first place, and failed miserably."
"There is tremendous value in being onsite with a client to review new product designs and development and to spend the time necessary to evaluate all the systems and resources available to make the project a success. "By engaging in person with the client we typically save months of work and thousands of dollars," said Mr. Prior.
Tutamen consulting services provides an opportunity for clients to present their vision, challenges and reasons for researching manufacturing or sourcing in China to enable Tutamen experts the insight to quickly move from conceptual planning to implementation.
About One World Ventures, Inc.
One World Ventures, Inc. is a holding company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages.
The Company looks for simple inexpensive alternatives to traditional ways of doing business. The strategic goal in every business is in leveraging assets and opportunities globally, focusing on niche markets and providing cost effective operations. The company's unique holdings will provide revenues predominantly derived from memberships, commissions and transactions.
One World Ventures, Inc. business will provide substantial growth and opportunity in the short term and long term. Despite Global economic downturn, 1World Ventures, Inc. is focused to leverage its diversified and global strategies, expanding all of their divisions and adding key personnel to embark on an aggressive marketing and sales program.
paperchase
09-30-2009, 10:27 AM
One World Ventures, Inc. Announces Marketing Agreement in Indonesia for 1World Card
8:30a ET September 9, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI), a provider of prepaid cards, today announced that the Company has signed an agreement with a marketing partner in Indonesia. Indonesia presents to One World Ventures, Inc. a large market opportunity into one of Asia's fastest growing regions. Today, there are some five million Indonesian migrant workers abroad, each receiving an average monthly salary of US$250. This means remittances of about $1.25 billion per month or about $15 billion (Rp 135 trillion) per year. Indonesia, the fourth most populous nation in the world, is highly diverse in terms of both terrain and culture. This nation of over 225.5 million people has a fast growing Indonesian community in the "new" migration countries, led by the United States. For a number of Indonesian provinces, remittances constitute their most important source of income, surpassing the role of national government transfers. And importantly, for almost all migrant workers' families, the remittances sent by their loved ones overseas is the most important source of household income for the migrant workers families.
"This is an opportunity to expand our market in Indonesia," says One World Ventures, Inc. CEO Steve Prior. "We are pleased to be able to launch One World Ventures, Inc. products and service into this vital region. "The remittances of migrant workers have a significant role to play in supporting economic and social development. Sending money not only provides sustenance, but also provides opportunities for their families to better improve their lives. Better access to financial services and information, therefore, is important to ensure that the remittances are used for savings and productive investment. This in turn would sustainably enhance the living standards of migrant workers and their families."
paperchase
09-30-2009, 10:27 AM
One World Ventures, Inc. Subsidiary Tutamen Reports Newly Acquired Contracts and Expands its Growth
9:45a ET September 10, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) announced today that subsidiary Tutamen consulting services, a provider of sourcing and engineering for manufacturing environments, today announced several customer contracts with a value in excess of $250,000 in the next 12 months, and has reported a 50% growth over the same period last year. The recent contracts demonstrate Tutamen's market strength in sourcing manufacturing and progress in penetrating manufacturing industries such as avionics and high tech. Tutamen has been operating in China for more than five years and has established a proven market in China's manufacturing industry, as well as a growing market presence in other industries.
"The Chinese manufacturing market is strategically important to our future growth and we continue to see momentum for our manufacturing applications in a number of market segments," said Stephen Prior, president and CEO of One World Ventures, Inc. "We have a mature base of operations already in place in China including sales, service and support resources. As manufacturing in China continues to grow, our experienced local team along with our breadth of offerings allows us to be extremely responsive to the needs of our growing base of customers."
Tutamen consulting services provides an opportunity for clients to present their vision, challenges and reasons for researching manufacturing or sourcing in China to enable Tutamen experts the insight to quickly move from conceptual planning to implementation.
paperchase
09-30-2009, 10:28 AM
One World Ventures, Inc. CEO Returns to China in Support of One World Ventures and Its Tutamen Subsidiary
9:45a ET September 15, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) and its subsidiary Tutamen announced today the return of One World Ventures CEO Stephen Prior to China in support of company's business interests there. Tutamen consulting services provides sourcing and engineering for manufacturing environments, and has several manufacturers that make a variety of products for US customers. Included in Mr. Prior's schedule are meetings with current and potential new manufacturers who produce a variety of products for Tutamen's clients.
"Our meetings and visits to our Chinese manufacturers continue to be important to advance the operations of One World Ventures and Tutamen and its work with current and potential future clients," stated Mr. Prior. "Beyond these meetings there are additional opportunities in the China Market that we will be evaluating on this visit, and we hope to have new information to release to shareholders in the near term."
paperchase
09-30-2009, 10:35 AM
One World Ventures, Inc. Signs Agreement With NuPay to Facilitate Settlement of China Union Pay (CUP) Cards
10:23a ET September 21, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) announced today the signing of agency agreement with NuPay System (U.S.) Inc. [NuPay] to recruit NuPay settlement bank of China Union Pay (CUP) Cards in Southern California. China Union Pay (CUP) is the issuer of the CUP card, which is found in the pockets over 500 million Chinese people. China's Card market now has over 1.73 billion credit and debit cards in Circulation -- up 18% from last year making it the largest growing card market in the world today. Under the agreement, One World will recruit the best settlement bank and profit share with NuPay for the settlement of both credit and debit CUP card transactions through NuPay in Southern California. Furthermore One World is negotiating to have the right to distribute, install, and facilitate POS terminals to NuPay merchants.
According to the World Tourism Organization, China is already ranked among the world's top 10 outbound tourism nations. From 1994 to 2003, the cumulative number of outbound Chinese travelers reached nearly 100 million, with an average annual growth rate of 13.9%. In 2003, the number of Chinese traveling abroad surpassed that of Japan, making it the largest in Asia. Just in Hong Kong in 2008, there were 16M Chinese travelers with avg US$730 each spending, total US$11.68B income to Hong Kong.
To date, Chinese travel has been overwhelmingly short-haul, with 88% of trips to destinations within the Asia-Pacific region, and thus the impact of this growing market has been modest in Europe and the United States. But by 2010, China is expected to be the largest source of outbound travelers in the world, and will likely follow a pattern similar to Japan and South Korea in venturing out to more and more distant shores.
"We are in the process of strengthening our position as an acquirer of international cards. Merchants who have entered into an agreement with One World on the acceptance of international payment cards will in the future be able to offer Chinese tourists this extra payment service. We believe the opportunity to purchases goods and services by CUP card holders will boost revenue as merchants and Banks begin the process. Together with our partner NuPay, this platform opens the doors for US Merchants to take advantage to offer CUP processing to the ever growing influx of Chinese tourists. The CUP card will be included in the acquiring agreements that we solicit to merchants," says Steve Prior, CEO of One World Ventures Inc.
About China Union Pay (CUP)
China Union Pay Co., Ltd. is the only national payment network in China, with more than 1 billion cards issued on its network. China Union Pay cards are accepted in 26 countries and regions, including Hong Kong, Macau, Japan, Korea, Germany, France and Australia.
About NuPay System (U.S.) Inc. [NuPay]
NuPay signed the Acquiring Agreement with CUP on Aug 2009. NuPay is the direct-connect CUP Cards Acquirer in the U.S., it has the lease line direct connect its U.S. equipments to the CUP FEPS, CUP international gateway in Hong Kong. NuPay will provide full range of CUP products and services in the U.S. with Acquiring for starting. Acquiring is including recruiting merchants, providing POS terminals installation, maintenance, processing and settlement services. Besides, NuPay is issuing CUP cards in Hong Kong and China through its group companies.
paperchase
09-30-2009, 10:35 AM
One World Ventures, Inc. Announces Contract to Engineer and Develop Ovens for Leading Confectioner
9:31a ET September 23, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) today announced that earlier this year Tutamen was awarded a contract to provide table top convection ovens by a leading international confectioner. These ovens are distributed to many of the nation's hotels and other hospitality locations and models are being developed for the international market. The Convection ovens were engineered, designed, procured and sourced by Tutamen and built by one of its many Chinese manufacturing partners. The contractual agreement gives Tutamen ownership of the design and the opportunity to market and sell the ovens in many different markets worldwide.
Today the first shipment of goods arrived in the US; the company anticipates sales in excess of $100,000 in the current year and forecasts this business to grow in future years.
"This contract expands the company's presence both in the US and China and testifies our development success in fostering in an international business environment," said Steve Prior, CEO of One World Ventures. "Tutamen's ready workforce and access to Global Markets continue to provide our US customers with a robust platform to grow their business."
About One World Ventures, Inc.
One World Ventures, Inc. is a holding company with management resourced in Asia
paperchase
09-30-2009, 10:36 AM
One World Ventures, Inc. Announces Final Negotiations With Mexican Partner for 1World Card
9:30a ET September 25, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) 1World Card, a provider of prepaid debit card solutions, announced today that it is in final negotiations with a Mexican partner for the launch of its consumer card portfolio. The Partner is located in Mexico City with strong market penetration in the populous regions of Mexico City and bordering provinces. Under terms of the agreement, the company will provide 1World Card access to 54 locations across the United States to issue cards and facilitate remittances.
Nearly 37 million Hispanics reside in the United States. Hispanics are the fastest growing segment of the U.S. population. It is estimated that approximately 50% of Hispanics are unbanked and regularly send money home. In 2008, nearly $29 billion were sent from the U.S. to Mexico, Central & South America. Sending funds using traditional methods like Western Union and Moneygram typically results in charges equal to or over 10% of the amount sent. 1World Card will be 90% cheaper than current products in the market today and is expected to drive significant sales, profits and residual income for 1World Card.
"We are very pleased to expand our portfolio of prepaid products specifically designed for Hispanic Mexican communities," said Steve Prior, CEO One World Ventures, Inc. "Individuals of Mexican origin are the largest group of Hispanics living in the United States, and we see an increasing demand for products that are reasonably priced that resonate with this target group, while providing ultimate consumer convenience."
paperchase
09-30-2009, 10:36 AM
One World Ventures, Inc. Negotiates Agreement With NuPay to Facilitate Processing, Settlement & POS Terminal Services for China Union Pay (CUP) Cards
9:30a ET September 30, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) announced today that it has negotiated an agreement with NuPay System (U.S.) Inc. to recruit NuPay Processor, Settlement Bank & POS Terminal Maintenance Company of China Union Pay (CUP) Cards in Southern California. China Union Pay (CUP) is the issuer of the CUP card, which now has over 1.73 Billion credit and debit cards in circulation up 18% from last year making it the largest growing card market in the world today. Under the agreement, One World will recruit the best NuPay processor, settlement bank & POS terminal maintenance company and profit share with NuPay for the services of both credit and debit CUP card transactions through NuPay in Southern California.
"One World Ventures Inc. is excited to be working with NuPay System (U.S.) building on our agreement last week and now better able to provide our China based customers greater buying convenience while traveling to Southern California," said Steve Prior, CEO of One World Ventures. "The acceptance of CUP cards in Southern California is an important milestone in our global network development."
About China Union Pay (CUP)
China Union Pay Co., Ltd. is the only national payment network in China, with more than 1 billion cards issued on its network. China Union Pay cards are accepted in 26 countries and regions, including Hong Kong, Macau, Japan, Korea, Germany, France and Australia.
About NuPay System (U.S.) Inc.
NuPay signed the Acquiring Agreement with CUP on Aug 2009. NuPay is the direct-connect CUP Cards Acquirer in the U.S., it has the lease line direct connect its U.S. equipments to the CUP FEPS, CUP international gateway in Hong Kong. NuPay will provide full range of CUP products and services in the U.S. with Acquiring for starting. Acquiring is including recruiting merchants, providing POS terminals installation, maintenance, processing and settlement services. Besides, NuPay is issuing CUP cards in Hong Kong and China through its group companies.
paperchase
10-22-2009, 09:13 AM
One World Ventures, Inc. Agrees With Sponsor Bank to Issue 1World Card
9:29a ET October 7, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI), a provider of prepaid cards, is pleased to announce that it has negotiated with our "Sponsor Bank" to issue the prepaid 1World Card in the United States. Under the Agreement, our partner bank will be the issuing bank, where they have applied for a BIN and are waiting for regulatory approval.
While regulatory approval is in process the company will work on terms and conditions for using an outside processor as well as submission to Visa for marketing and logo approval. The 1World Prepaid Visa Card will allow consumers without bank accounts to avoid the high costs of check cashing and money order fees by using the re-loadable debit card. The card will interface with our international partners providing low cost remittance for our customers.
Steve Prior, CEO of One World Ventures, Inc., stated, "We are happy that we have made this huge step forward with our banking partner and strive to be the prepaid card industry's leading example at how to best serve our target markets: unbanked and underbanked individuals. Our business model is to provide a wide range of much needed financial products that improve the quality of life for our cardholders, saves them time and money, and eliminates their dependence on check cashing centers and money orders.
paperchase
10-22-2009, 09:13 AM
One World Ventures, Inc. Tutamen Subsidiary Looks to Green Energy for Mexico
10:53a ET October 13, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) announced today that its manufacturing subsidiary Tutamen, a provider of sourcing and engineering, is close to closing a major solar intuitive for Mexico. To help meet rural Mexico's critical need for low cost energy, Tutamen will provide cost-effective, solar water heat and power generation capability to individual homes.
"This is an exciting opportunity for One World Ventures, Inc. and for the people of Mexico," said Steve Prior, CEO of One World Ventures, Inc. "By taking advantage of modern solar technology, we are able to promote an environmental commitment by producing clean affordable electricity, reducing the carbon footprint, and working to find solutions for meeting the growing energy demands within Mexico's communities." "This is a huge step forward in focusing Tutamen's manufacturing and engineering strengths in a business with massive demand."
Tutamen consulting services provides an opportunity for clients to present their vision, challenges and reasons for researching manufacturing or sourcing in China to enable Tutamen experts the insight to quickly move from conceptual planning to implementation.
paperchase
10-22-2009, 09:14 AM
One World Ventures, Inc. Receives Unsolicited Indication of Interest for 1World Card
9:30a ET October 16, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) today announced that it has received an unsolicited non-binding indication of interest with respect to the 1World Card assets of One World Ventures, Inc. The board of directors, after consultation with its financial and legal advisors, is in receipt of the offer and is reviewing the proposal. The proposal is a non-binding indication of interest and is subject to completion of due diligence of 1World Card, and agreeing to terms for a definitive agreement.
There can be no assurance that any discussions with respect to the unsolicited proposal will result in a transaction being recommended by the Board of Directors of One World Ventures, Inc., or that any such transaction will be consummated.
Except as required by applicable law, One World Ventures, Inc. does not intend to disclose the possible terms of any transaction, or the identity of any person proposing such transaction, prior to the execution of a definitive agreement with respect to such transaction, if any.
paperchase
11-04-2009, 08:31 AM
One World Ventures, Inc. and American Pacific Rim Commerce Group Sign Letter of Intent to Enter Into Exclusive Distribution Agreement in China
9:49a ET November 3, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) (1WorldVentures (http://www.1worldventures.net)), and American Pacific Rim Commerce Group (PINKSHEETS: APRM) (mymyj.com (http://www.aprcg.com)), today, announced the signing of a Letter of Intent (LOI) to enter into a exclusive Distribution Agreement, whereby One World Ventures will provide certain proprietary web-based fulfillment, processing and distribution methodologies in China to American Pacific Rim Commerce Group's Chinese business and retail customers.
The LOI provides for American Pacific Rim Commerce Group to exclusively utilize the processing technologies, logistic and distribution methodologies of One World Ventures, Inc. in exchange for a progressive percentage of gross margins of revenue generated by APRM's Chinese B2B and B2C website.
American Pacific Rim Commerce Group projects fiscal 2010 revenue to be $12,679,040 and will generate minimum fees and distribution payments of 12.8% to One World Ventures, Inc. of $1,622,917, increasing to 18.0% or 2,282,227 based on utilization, recurring revenue and additional services as may be requested by APRM. Cost savings to American Pacific Rim Commerce Group under the terms of the final Agreement are offset 9.2% or $1,170,000 as a result of reduced Costs of Goods (COG) and transaction fees.
Mr. Stephen Prior, CEO of One World Ventures, Inc., added, "One World Ventures has systematically acquired or developed most of the 'back-of-the-house' functions APRM needs to fulfill, distribute and process the sale of goods and products produced by U.S. small and medium sized businesses to buyers here in China." Further, added Prior, "The team at APRM can focus their efforts on the marketing side of the business model, which is their greatest strength. APRM's management team are experts at attracting small and medium sized U.S. businesses, who what to sell their products and services to the growing Chinese consumer market."
Mr. Raymond Talarico, President of American Pacific Rim Commerce Group, stated, "We're please to enter into the LOI with One World Ventures as a means to fast-start our business model and maintain our 'First-to-Market' status, and, while much work still needs to be done on the Agreement, this (LOI) is a first step towards revenue producing operations." Further, stated Talarico, "The management team of One World Ventures has the resources and technologies to get our clients' products into the hands of our customers in China, in the most cost-effective manner possible. We look forward to building the alliance between our companies for the mutual benefit of our shareholders, clients and customers."
paperchase
11-06-2009, 10:35 PM
One World Ventures, Inc. Receives Initial Purchase Order for Self Contained Power Systems
9:29a ET November 5, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) announced today that its manufacturing subsidiary Tutamen has been awarded an order from Aquentium de Mexico for Self Contained power systems for 500 homes. This purchase order for $735,000 represents the first procurement of solar cells to date. All hardware ordered under this contract is to be shipped by the end of 2009.
"We are very pleased to receive this initial order from Aquentium de Mexico," said Stephen Prior, CEO of One World Ventures, Inc. "These solar cells are optimized for our customers' systems to yield state-of-the-art performance with the lowest cost per kW-hr. One World Ventures and Tutamen is committed to continually investing in our solar cell technology and further expansion of our manufacturing capacity to meet the growing requirements of present and future customers," added Mr. Prior.
This is an exciting opportunity for our company, and for the people of Mexico," said Mr A. Orta, President of Aquentium de Mexico. "We expect to have similar orders of 500 homes per month," Mr Orta added.
One World Ventures Inc. subsidiary Tutamen consulting services provides an opportunity for clients to present their vision, challenges and reasons for researching manufacturing or sourcing in China to enable Tutamen experts the insight to quickly move from conceptual planning to implementation.
paperchase
11-06-2009, 10:36 PM
One World Ventures, Inc. Clarifies November 5th, 2009 Press Release
9:20a ET November 6, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) yesterday announced that its manufacturing subsidiary Tutamen has been awarded an order for Self Contained power systems for 500 homes. The company received an order (and deposit) from a private company in the Home Building business. OWVI wants to clarify that this order is in no way connected with Aquentium Inc., a public Company trading on the OTCBB. Stephen Prior, the CEO of One World Ventures, Inc., called the CEO of Aquentium, Inc. to apologize for any confusion.
Klipper22
11-07-2009, 03:56 AM
OWVI is a nice looking chart at this point, IMO, paperchase. Very good chance at popping next week.
paperchase
11-12-2009, 10:01 AM
One World Ventures, Inc. Rejects Unsolicited Indication of Interest for 1World Card and Moves Forward With Strategic Plan
9:29a ET November 11, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) announced today that it has rejected an unsolicited non-binding indication of interest with respect to the 1World Card assets of One World Ventures, Inc. The Board, in consultation with its financial and legal advisors, unanimously determined that the unsolicited offer is inadequate and now expired and is not in the best interests of One World Ventures, Inc. and all of its stockholders.
Stephen Prior, CEO/Chairman of One World Ventures, Inc., said, "After careful evaluation, One World Ventures, Inc. Board unanimously determined that the unsolicited offer undervalues One World Ventures, Inc. and is not in the best interests of the Company and all of our stockholders. After consultation with management and its financial advisors, the Board believes that implementation of the One World Ventures, Inc. stand-alone plan will generate greater value for stockholders. We are committed to continuing to take all appropriate and necessary actions to maximize value for all stockholders," Mr. Prior added.
Mr. Prior also noted, "One World Ventures has a focused strategic plan in place to continue its path in the prepaid debit space by concentrating on finalizing negotiations with our 'Sponsor Bank,' Processor, and partners and hopes to have positive news in the coming days. We remain committed to driving a sustainable business model with revenue and profitable growth, by simplifying and aligning the product portfolio, to enable us to accelerate the delivery of our next generation solutions."
paperchase
11-12-2009, 10:02 AM
One World Ventures, Inc. Signs LOI to Acquire Controlling Interest of Inter Solar Tech Ltd.
9:29a ET November 12, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) is pleased to announce that One World Ventures Inc. has signed a letter of intent (the "LOI") to acquire a 60% controlling ownership stake in Inter Solar Tech Limited a private Hong Kong company (Inter Solar Tech Ltd. - Commercial & Residential Solar Power Solutions (http://www.intersolartech.hk)) for US$2,000,000. The assets include intellectual property, technical competence, sales and distribution of renewable power generation products for solar, wind, and hybrid energy projects for both residential and commercial purposes in Europe.
The LOI
The Transaction will be effective pursuant to a definitive purchase agreement between the two parties, which agreement will be executed at the earliest practicable date. In this transaction, the One World Ventures Inc. subsidiary Tutamen will contribute its solar related tangible and intangible assets to Inter Solar Tech Ltd. plus certain of its shares. To acquire 60% controlling interest in Inter Solar Tech Ltd. HK.
Inter Solar Tech will be independently managed with Amy Yao as its CEO. OWVI CEO Stephen Prior will be appointed to the board and management committee of Inter Solar Tech Ltd. This is a strategic acquisition combining the market knowledge and distribution of Tutamen to Mexico and South America with the core competencies of Inter Solar Tech in Europe. Inter Solar Tech provides a source of experienced technical and financial staff to effect transition of the operational and management changes and take advantage of the opportunities available to the business. The newly combined businesses project approximately USD$4,000,000 of revenue in 2010 based on recent concentrated sales. The combined businesses will affect synergies and critical mass allowing it to compete even more strongly in this growth industry.
"This is an exciting development as One World Ventures adds management and technical competence and will generate income and cash flow from this investment in an already established operating company," said Stephen Prior, CEO of One World Ventures, Inc.
About One World Ventures, Inc.
One World Ventures, Inc. is a holding company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages.
About Inter Solar Tech Ltd.
Inter Solar Tech, Ltd. founded in 2004 engages in the sale and distribution of renewable power generation products for solar, wind, and hybrid energy projects for both residential and commercial purposes. Inter Solar Tech, Ltd. currently sells its products to a network of distributors and resellers in the Peoples Republic of China and the European Union.
Klipper22
11-14-2009, 04:22 AM
OWVI Chart:
OWVI - SharpCharts Workbench : StockCharts.com (http://stockcharts.com/h-sc/ui?s=OWVI&p=D&yr=0&mn=9&dy=0&id=p46401717982&a=182821612&listNum=46)
paperchase
11-24-2009, 10:01 AM
One World Ventures, Inc. Completes Acquisition of Inter Solar Tech Ltd.
9:29a ET November 24, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) announced today it has closed the acquisition of Inter Solar Tech Ltd. Further details regarding the transaction can be found in the Company's press release dated November 12, 2009. Under the terms of the agreement One World Ventures, Inc. has acquired a 60% controlling ownership stake in Inter Solar Tech Limited, a private Hong Kong company (Inter Solar Tech Ltd. - Commercial & Residential Solar Power Solutions (http://www.intersolartech.hk))
The assets include intellectual property, technical competence, sales and distribution of renewable power generation products for solar, wind, and hybrid energy projects for both residential and commercial purposes in Europe.
One World Ventures, Inc. CEO, Stephen Prior, said, "As we continue to develop and advance the OWVI Business Plan, we believe that we are well positioned to develop long-term value for our shareholders. The Inter Solar Tech Purchase holds great promise and we intend to capitalize on that potential."
The management of the two companies will be meeting in Asia next week to immediately consolidate supply chains and sales efforts.
paperchase
12-08-2009, 10:07 AM
One World Ventures, Inc. Announces Tutamen Takes Delivery and Installs First Two Solar Units
9:29a ET December 7, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) is pleased to announce that Tutamen has received and taken delivery of its Solar Panel System and has installed the first 500 Watt unit in Mexico City and a 300 Watt unit in Hermosillo, Mexico which will be completed today. With this application in use, it will allow these homes to be taken off the grid supplying solar generated power.
Tutamen has developed a range of small self contained Solar Power systems primarily for use in small low cost housing in third world countries where the power grids frequently are not able to provide good quality low cost power. Tutamen's Off-grid Power System is designed for simple installation, each component having a unique plug that fits only into the correct position, and is scalable to add capacity and power very easily.
"This is an exciting announcement for One World Ventures, Inc. as we expand our solar power products that are targeted for low cost housing industry," said CEO of One World Ventures, Inc. Stephen Prior. "Tutamen's solar electric systems represent the most practical, reliable and cost-effective solution on the market."
paperchase
12-09-2009, 09:35 AM
One World Ventures, Inc. Announces Working Relationship With eCommLink to Deliver Powerful Prepaid Solutions
9:29a ET December 8, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) -- 1World Card, a provider of prepaid cards, is pleased to announce that it is working together with eCommLink, Inc., a leading value added prepaid processor to develop and deploy corporate prepaid solutions and remittance programs. This working relationship combines eCommLink's secure, flexible and reliable prepaid processing platform to leverage the 1World Card's strengths and to extend our multi-cultural footprint.
The 1World Prepaid Card will allow consumers without bank accounts to avoid the high costs of check cashing and money order fees by using the re-loadable debit card. Payroll cards are the fastest growing segment of the prepaid debit industry because they offer significant benefits for every party involved, including the employee who enjoys instant access to funds, the employer who cuts disbursement costs and the banks who are able to retain funds within their institution longer. The card will interface with our international partners providing low cost remittance for our customers.
Steve Prior, CEO of One World Ventures, Inc., stated, "We are excited to be working with eCommLink, one of the premier processors of prepaid solutions. Our business model is to provide a wide range of much needed financial products that improve the quality of life for our cardholders and we believe the adaptive nature of the eCommLink platform will allow us to do that today and for the long term as well."
About eCommLink, Inc.
eCommLink, Inc. (Prepaid Debit Card Processor, Prepaid Card Programs and Software - eCommLink (http://www.ecommlink.com)) enables program managers and financial institutions to maximize revenue from their prepaid debit programs. The Company's flexible prepaid processing platform, innovative features and industry experience allows clients to create customized prepaid programs for their specific markets while ensuring quality, security and time to market. eCommLink supports the full array of prepaid debit programs, including general spend, payroll, teen, gift, travel, government and loyalty cards.
About One World Ventures, Inc.
One World Ventures, Inc. is a holding company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages.
paperchase
12-29-2009, 01:31 PM
One World Ventures, Inc. Subsidiary Tutamen Reorganizes Manufacturing Unit
10:44a ET December 23, 2009 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) is pleased to announce that it has reorganized and expanded the management of its wholly owned manufacturing business, Tutamen, to enable it to meet its strategic goals. The company has hired Ms. Mary Li as Tutamen's new financial officer and promoted Mr. Wei Shu Jing to operations manager. Ms. Li's experience includes strong manufacturing accounting and international reporting. Mr. Wei, a manufacturing engineer who has been working with the company for the last year, will be in control of Tutamen's manufacturing division. Annie Hou and Rena Jin will be leading the company's customer service from our Shenzhen office.
The primary goal of Tutamen in the next year is a further strengthening of the position in our main core sectors, OEM Sourcing and Manufacturing, and the development and offer of new products in segments strongly synergic with core activities, in particular the production of products in sectors of alternative power and alternative lighting products. In addition to promoting development within Tutamen's core business and sectors synergic with it, Tutamen will be devoted to constantly innovating the product range and pursuing growth opportunities within markets in strong development.
paperchase
01-05-2010, 09:44 AM
One World Ventures Signs Letter of Intent to Process Prepaid Cards With eCommLink
9:29a ET January 5, 2010 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI), provider of the 1World Card prepaid debit card, announced today that it has signed a Letter of Intent and submitted a deposit to eCommLink, Inc., a leading value added prepaid processor, to develop and deploy corporate prepaid solutions and remittance programs. This working relationship combines eCommLink's secure, flexible and reliable prepaid processing platform with the market strengths and multi-cultural footprint of the 1World Card.
The 1World Card will allow consumers without bank accounts to avoid the high costs of check cashing and money order fees by using a reloadable prepaid debit card complete with direct deposit, bill pay and money transfer services. The 1World Card will be marketed directly to employers as a payroll card, which they in turn offer to their employees.
Payroll cards are the fastest growing segment of the prepaid debit industry because these cards offer significant benefits for every party involved, including the employee who enjoys instant access to funds, the employer who cuts disbursement costs and the banks who are able to retain funds within their institution longer. In addition to being a full featured prepaid debit card, the 1World Card will interface with international partners to provide low cost remittance for cardholders.
"We are excited to be working with eCommLink, one of the premier processors of prepaid solutions. Our business model is to provide a wide range of much needed financial products that improve the quality of life for our cardholders. We believe the adaptive nature of the eCommLink platform will allow us to not only meet the needs of the market today, but to grow with it for years to come," stated Steve Prior, CEO, One World Ventures Inc.
About eCommLink, Inc.
eCommLink, Inc. (Prepaid Debit Card Processor, Prepaid Card Programs and Software - eCommLink (http://www.ecommlink.com)) enables program managers and financial institutions to maximize revenue from their prepaid debit programs. The Company's flexible prepaid processing platform, innovative features and industry experience allows clients to create customized prepaid programs for their specific markets while ensuring quality, security and time to market. eCommLink supports the full array of prepaid debit programs, including general spend, payroll, teen, gift, travel, government and loyalty cards.
About One World Ventures, Inc.
One World Ventures, Inc. is a holding company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages.
paperchase
01-07-2010, 09:33 AM
One World Ventures, Inc. Announces 1World Card Money Remittance Location in Hong Kong
9:29a ET January 7, 2010 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) 1World Card a provider of prepaid cards, announced today the opening of its Money Remittance Network for live money sending transactions. Hong Kong will be the first market open from which transactions can originate and the Republic of the Philippines will be the first market open to which money remittance transactions can be sent.
OWVI has chosen the busy World Wide House in Central with established remittance presence of over 20 years as the initial location. The Company has contracted with Bruce Aitken (aka Brother Bruce) Radio Host of the Hour of Love listened to by millions of the same client base that 1 World Card is targeting to promote, help manage and market the business.
OWVI CEO Stephen Prior commented, "We appreciate the strong support of our Bruce Aitken during our development and pioneering stages and look forward to the success of all clients as we enter our momentum phase. When our money sending capabilities are open, our journey to help the 150 million migrant workers worldwide get more of the money they send home into the hands of their loved ones has begun."
paperchase
01-21-2010, 10:06 AM
One World Ventures, Inc. Opens New Office in Mexico to Support Growing Mexico Sales and Market
9:29a ET January 19, 2010 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) today announced the opening of its new facilities and offices in Mexico City, Mexico. "We're excited about the continued growth and demand of our products in the expanding Latin American market," said Stephen Prior, CEO of One World Ventures Inc. (OWVI). "The Latin American region represents a natural expansion of our growing business in the Americas. OWVI and Tutamen have experienced increased demand in the region and we are responding aggressively to support the Mexican community with sales, service, support and technical assistance."
Latin America is a growing region where companies are developing well. Mexico is one of the biggest markets with a population of 110 million and as in many other countries in the region, Mexico's GDP is growing fast. Demand for Solar products surviving off the grid is a priority. Tutamen has also submitted its new Street LED light products and Home LED products to the Mexican Government Technical offices for approval to sell to the Mexican Government.
Alejandro Orta Garcia has been named Director of Operations and will oversee and be responsible for promoting and business development for all One World businesses and subsidiaries in Mexico including Solar, Diabetes Equipment, Street, Home and Office Illumination. Alejandro maybe reached at OWVI Offices listed below:
Address: Division del Norte # 525-204
Col. del Valle, C.P. 03100
Mexico, D.F. (Mexico City)
Office Phone number: + (52) (55) 55.23.9125
Office Fax number: + (52) (55) 55.23.8097
Cell phone number: + (52) 1 (55) 29.22.0550
e-mail: alexortamx@hotmail.com
paperchase
01-21-2010, 10:06 AM
One World Ventures, Inc. Announces 1World Cash
9:29a ET January 21, 2010 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) 1World Card, a provider of prepaid cards, today introduced "1World Cash," its new money transfer service. The new retail location will be in the heart of Hong Kong within the World Wide House Plaza. The announcement is the latest step in the company's expansion of new channels for sending and receiving money for the underbanked and underserved.
World Wide House Plaza is home to 26 retail money transfer locations including two of the largest agent locations in the world. By launching 1World Cash in World Wide House, OWVI will be directly capitalizing on the location's reputation as a central transaction hub. With a cost-effective-per-transaction fee combined with the high traffic location, 1World Cash is expecting to process thousands of transactions per month.
The Republic of the Philippines will be the first market to take advantage of the 1World Cash service allowing overseas Filipinos to send money to the Philippines via our location seven days a week. There are on average around 140,000 Filipinos in Hong Kong, of who most work as domestic helpers. World Wide House is popular with the Filipinos, as many of the shops are run by Filipinos. The wide assortment of typically small shops caters to their needs, selling telecommunications and banking services. This vibrant community is the ideal scenario for the introduction of the 1World Cash retail location.
OWVI CEO Stephen Prior commented, "We anticipate 1World Cash will become recognized as the simpler and safer way to send money. We have positioned ourselves well by obtaining space for 1World Cash at the busy World Wide House to accommodate the large influx of migrant workers that frequent this busy area. This is the first step in serving the 150 million migrant workers throughout the world."
paperchase
02-05-2010, 03:19 PM
One World Ventures, Inc. Announces Introduction of Solar Products to U.S. Market
9:42a ET January 28, 2010 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) Inter Solar Tech, a subsidiary of One World Ventures, Inc., has announced it will supply its branded self-contained solar systems to Preferred Home Services.
Preferred Home Services is a fast growing company with offices, salesmen, canvassers and installers in Ohio, Ind., Ky., and Colo. with expansion plans into Fla. and Nev. in the near future.
"We are extremely glad to have forged this relationship and believe it is a tremendous compliment to our roofing, siding and gutter business," Devon Lee Smith, CEO of Preferred Home Services said. "We expect rapid growth through our existing sales network and to meet our goal of exceeding $2 million in monthly sales by the end of 2010."
With the agreement, Preferred Home Services placed an order for the first shipment of solar units. Control units are being produced in Cincinnati, Ohio, where final assembly will take place.
"We anticipate this will create 100 new jobs," Smith explained when talking about the addition of the solar product to his company's product line. The jobs will range from assembly to sales positions.
Steve Prior, OWVI CEO, is excited about the agreement as it represents the company's move into the U.S. Market. With production in China, solar units being installed in Mexico and products in the European Union, this announcement represents another large step in One World Ventures' vision of becoming a leading provider of quality solar products to the world.
"Preferred Home Services is an aggressive sales organization with the ability to install our product immediately in approximately 200 locations throughout the U.S. We believe this relationship will enable our company to become a significant player in this fast-growing market," Prior said.
As part of the agreement, the two companies will continue to work together on the design of the products. Upon regulatory approval of the components in the U.S., delivery and installations will commence. This is anticipated before May 2010.
With the world-wide emphasis on renewable energy and the subsidies being offered by governments throughout the world, One World Ventures' Inter Solar Tech expects a strong growth curve in 2010.
"Obama has pledged $150 billion in spending in renewable energy over the next 10 years and to make renewable tax credits permanent," Prior said. "It is becoming evident that Americans are more interested in taking advantage of renewable energy and we see this to be a great field to be in for the foreseeable future."
paperchase
02-05-2010, 03:20 PM
One World Ventures, Inc. Updates Sponsor Bank's Approval Status
9:29a ET February 4, 2010 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) 1World Card, a provider of prepaid cards, announced that its Sponsor Bank's bid for approval is considered to be in fast track status and expect to have approval within the next 30 to 45 days.
"This process has taken much longer than we initially anticipated," explained Mr. Stephen Prior, CEO of One World Ventures, Inc. "We are at their mercy, but we are excited to know that nothing is holding up the approval other than the process itself. This approval will represent a major milestone in bringing the 1World Card to the under-banked and under-served in the U.S. market, as we are doing in other parts of the world."
One World is currently implementing the three critical phases of the card/remittance process. The most significant is the technology and processing which One World has completed and will start testing in the next few weeks. The sponsor and settlement bank in the U.S. is the second most important. Lastly, the banking and money collection centers in the home countries round out the process.
One World has established relationships in Hong Kong, Indonesia, Mexico, Vietnam and the Philippines. "We have moved forward with the retail side of the business in Hong Kong and the Philippines -- this is very significant. It has given us confidence in the technology component of virtual accounts and remittance," Prior said.
paperchase
02-08-2010, 09:43 AM
One World Ventures, Inc. Schedules Release of Financials
9:29a ET February 8, 2010 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) announced it will release financial results for its fiscal year 2009 after Market close on February 11, 2010.
The Company will post gross revenue increase of 32% in the fourth quarter 2009 over third quarter. Same year net quarterly profit for the fourth quarter increased by 21% over third quarter. The company will post a net profit for 2009.
"We had an incredible year of expansion and are thrilled to show a net profit for the year while still in the development stages of our core business segments," CEO of One World Ventures, Inc. Stephen Prior commented. "We expect dramatic increases in revenue during the 1st quarter of 2010 as we will begin to realize income from the acquisition of Inter Solar Tech, open up 1 World Cash locations and as One World Ventures begins firing on all cylinders in all of its business segments."
"Looking ahead, as we reach significant milestones, we expect revenue in the range of $8 million to $10 million in 2010," Prior said. "We are very excited to deliver shareholder value in 2010."
paperchase
02-10-2010, 09:59 AM
One World Ventures' Inter Solar Tech to Open London Office
9:29a ET February 10, 2010 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) subsidiary Inter Solar Tech today announced it is in final negotiations to open new facilities and offices in London, England. The London office will focus on sales of Inter Solar Tech products in the European Union. One World Ventures, Inc. projects $2 million to $4 million in revenue in 2010 from the European operations.
The European market for solar products grew at a rate of 60% in 2008 for residential and commercial use. An office in London primes Inter Solar Tech to gain market share in the European marketplace.
"We are focused on becoming a world leader in solar products," Stephen Prior, CEO of One World Ventures, explained. "With products soon being introduced in the U.S., Mexico and now Europe, we are pleased to be steadily marching towards that goal."
Inter Solar Tech intends to name Lukas Dobrovolski its President/CEO of its European division upon opening of the London office. Dobrovolski previously served as a senior management consultant at McKinsey & Company -- one of the world's leading management consulting firms.
"We are very excited to have Mr. Dobrovolski leading our sales and expansion into the European solar thermal market," stated Amy Yao, CEO of Inter Solar Tech. "We have no doubt his expertise will allow us to take advantage of the growth in this market."
About One World Ventures, Inc.
One World Ventures, Inc. is a company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages. One World Ventures businesses include the financial services 1World Card and 1 World Cash, the alternative energy Inter Solar Tech, (HK), Ltd. and the manufacturing and trading business Tutamen (HK), Ltd.
About Inter Solar Tech
Inter Solar Tech, Ltd. engages in the sale and distribution of renewable power generation products for solar, wind, and hybrid energy projects for both residential and commercial purposes. Inter Solar Tech, Ltd. currently sells its products to a network of distributors and resellers in the People's Republic of China and the European Union with a plan in place for expansion of its sales and distribution network throughout the rest of the world.
paperchase
02-26-2010, 09:07 PM
One World Ventures, Inc. Signs Contract With eCommLink to Deliver Prepaid Solutions Worldwide
9:29a ET February 25, 2010 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) announced today that it has signed a Master Services Agreement with eCommLink, Inc., a leading value-added prepaid processor.
The relationship supports One World Ventures' business model to develop and deploy a wide range of prepaid card solutions worldwide. The company's reloadable prepaid debit card, the 1World Card, will allow consumers without formal banking relationships to avoid the high costs of check cashing and money order fees.
The signing of the MSA is the most substantial piece of the 1World Card solution and represents the culmination of months of work to assure that the 1World Card will be a leader in the debit card market. The 1World Card features include direct deposit, bill pay and money transfer services and will interface with international partners to provide low cost remittance for cardholders.
"The adaptive nature of eCommLink's prepaid processing platform enables us to expand our channels throughout the world," Steve Prior, CEO of One World Ventures, Inc., stated. "Through this association we have the key component that enables us to provide the unbanked and underserved population with a secure and convenient means to conduct essential financial transactions."
greencat
04-01-2010, 08:32 PM
OWVI has a long uptrending triangle pattern. It should breakout of this pattern soon and make a nice move..
OWVI Chart
http://www.profitspi.com/stock-chart-str.aspx?id=OWVI&ca=999763057
greencat
04-04-2010, 02:55 PM
OWVI looks like its about ready to breakout out of this triangle pattern.
OWVI Chart
http://www.profitspi.com/stock-chart-str.aspx?id=OWVI&ca=999763057
paperchase
04-07-2010, 09:15 AM
One World Ventures, Inc. Completes Beta Testing Phase of 1World Cash
9:29a ET March 10, 2010 (Market Wire)
One World Ventures, Inc.'s (PINKSHEETS: OWVI) 1World Card, a provider of prepaid cards and 1World Cash, announced completion of beta testing and approval of its remittance technology.
The testing process has involved completing transactions that efficiently send funds from Hong Kong to the Philippines in a manner that duplicates the expected real-world plan. The testing now continues into a short, live-transaction phase to ensure the system behaves as expected during live transactions.
"We are very pleased with the results of our testing," CEO Steve Prior explained. "From security to exchange rates, there are many details to address through this process. We are confident we are now prepared to go live with 1World Cash in a matter of days."
"The results have been phenomenal. The system efficiency allows us to be the lowest cost remitter and maintain strong margins," Prior said. "We are so confident of this model that our first 1World Cash location is within 50 steps of two Western Union locations."
With a large population of Filipino migrant domestic helpers in Hong Kong, One World expects to quickly become the simpler and safe way to send money for the Filipino community.
paperchase
04-07-2010, 09:16 AM
One World Ventures Completes Live Testing of 1World Cash
9:53a ET March 25, 2010 (Market Wire)
One World Ventures, Inc.'s (PINKSHEETS: OWVI) 1World Card, a provider of prepaid cards and 1World Cash, announced completion of live testing of its remittance technology.
The live testing confirmed the success of the beta testing phase of the 1World Cash transactions originating in Hong Kong and being received in the Philippines. One World Ventures will now proceed with the anticipated April 1 grand opening of the Hong Kong 1World Cash location.
"I'm proud of our team and very satisfied with the results of the testing phase of 1World Cash," CEO Steve Prior said. "Getting everything prepared to open the retail location has taken a lot of planning and effort. We are thrilled to be on the verge of opening in one of the most dynamic locations in the world."
In addition to allowing One World to go forward with its retail location, it also provides a tested proven technology to be implemented in other parts of the world.
"This is truly the beginning of the implementation of our greater business plan," Prior explained. "I really don't think I could be more excited!"
1World Cash will join other established remittance providers in the busy World Wide House in Central Hong Kong where large migrant populations utilize provided services. With lower fees and effective marketing, One World Ventures expects 1World Cash to quickly be recognized as the most cost-efficient manner for the underbanked to send money home to their loved ones.
paperchase
04-07-2010, 09:16 AM
One World Ventures Launches 1World Cash in Hong Kong
9:49a ET April 5, 2010 (Market Wire)
One World Ventures, Inc.'s (PINKSHEETS: OWVI) 1World Card, a provider of prepaid cards and 1World Cash, announced the successful opening of its first 1World Cash location in the World Wide House, Central Hong Kong and launch of the www.1WorldCash.net website.
1World Cash joined other established remittance providers, like Western Union, in Central Hong Kong where large migrant populations utilize services to send money home to their families in the Philippines. This 1WorldCash site is the first of many projected locations to be opened throughout Asia.
"Our new services are dedicated to the Filipino community at the present time," CEO Steve Prior said. "We felt this was an incredibly dynamic location to implement the system that will become the preferred service provider to the underserved and underbanked communities around the world."
Prior explained. "We are able to provide a lower cost solution for a population where every amount of earnings is vitally important for their families back home. We are bringing a level of service and technology to a community that is not used to being treated in such a manner at a fair price."
This is the first step in One World Ventures strategy to use the 1World Card and 1World Cash branded services to focus on its desire to serve the underbanked and underserved in locations like the Philippines, Indonesia, Mongolia, Mexico, United States and elsewhere.
As part of the 1World Cash retail location launch, the 1World Cash website has also been implemented. Visit the site at www.1WorldCash.net for more information.
To see video of CEO Steve Prior speaking on behalf of 1World Cash, visit YouTube - 1WorldCash Opening in Hong Kong (http://www.youtube.com/watch?v=lnnJLT04eY4)
paperchase
05-04-2010, 11:04 AM
One World Ventures, Inc. Announces the Availability of Audio Interview at ChartPoppers.com
9:29a ET April 15, 2010 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) -- One World Ventures, Inc. along with ChartPoppers.com announced today that a new audio interview with One World Ventures, Inc. CEO Stephen Prior is now available. To listen to the entire interview visit: iReports | ChartPoppers - Learn To Trade Penny Stocks - Penny Stocks Newsletter (http://ChartPoppers.com/iReports)
In the interview, the CEO notes: "Our goal is to serve the under-banked community via a virtual banking system that is a low cost, easy access system; accessible anywhere around the world."
One World Ventures, Inc. is a holding company that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages.
The Company looks for simple inexpensive alternatives to traditional ways of doing business. The strategic goal in every business is in leveraging assets and opportunities globally, focusing on niche markets and providing cost effective operations. The company's unique holdings will provide revenues predominantly derived from memberships, commissions and transactions.
ChartPoppers.com is a small-cap research and investment commentary provider. ChartPoppers.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on ChartPoppers, please visit: ChartPoppers - Your Online Guide To Success With Penny Stocks (http://ChartPoppers.com)
ChartPoppers.com Disclosure ChartPoppers.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. ChartPoppers.com is a Web site wholly owned by Seo Freisin, Inc. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, ChartPoppers.com, for complete risks and disclosures.
paperchase
05-04-2010, 11:05 AM
One World Ventures, Inc. Announces Success as 1World Cash Sets a Course to Grow and Expand
9:29a ET April 29, 2010 (Market Wire)
One World Ventures, Inc.'s (PINKSHEETS: OWVI) 1World Cash, its new money transfer service and a provider of prepaid cards, announced that in a period of less than 30 days since its opening has signed and registered over 500 customers to the 1World Cash Card program. The remittance locations in the Philippines have been extended to an additional 1,300 cash out locations. The Company has agreed to its first 1World Cash Agent (set to open next week) and is considering a second location in World Wide House in Hong Kong in the month of May.
The 1World Cash Card is a cost effective remittance system that provides a new channel for sending and receiving money for the underbanked and underserved. Money is remitted from 1World Cash agents to a prepaid card in the receiving country. The card can currently be used at over 570 ATMs and the Company anticipates that it will be accepted at over 6,000 locations in the Philippines by the end of May. "The registration of customers to the 1World Cash Card is the key to our success," said Stephen Prior, CEO, One World Ventures. "This enables 1World Cash to compete at a level and a cost structure that will give the Company a competitive edge."
After the immediate success of our launch in Hong Kong and the implementation of our methodology, it's evident that the Company needs to embark on rapid expansion to take advantage of the opportunity in hand. Our current goal is to have 10 locations and agents in Hong Kong, opening 1World Cash Locations in Macao and Singapore and expand our program to include Indonesia before the end of 2010. The Company wants to make sure it has built out the major remitting countries in Asia before expanding the business to Europe and USA in 2011.
On November 16, 2009, OWVI issued a moratorium not to increase the authorized shares, outstanding shares, and float for a period of at least six months. At that time, the Company had adequate financing to offer our shareholders a confidence that there would be a period of non-dilution. The Company followed the moratorium which is now set to expire.
We at OWVI are committed to becoming a more transparent reporting Company, to building shareholder value and create shareholder wealth. In order to do that, it is imperative that we take advantage of the opportunities our hard work has created over the last year and grow the business and add to enterprise and shareholder value. The company has no debt; we are outlining our strategy that will increase the share capital of the Company but at the same time be accretive to the Company, allow investor confidence to grow and we believe further enhance shareholder value.
One World Ventures is currently in negotiations with several institutional investors to acquire a block of shares of the Company. The terms and timing are not yet finalized, but the Company will receive funds that are necessary for meeting our goals for growth.
paperchase
05-14-2010, 03:19 PM
One World Ventures Approved for Diabetes Testing System Distribution in Mexico
9:29a ET May 6, 2010 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) announced that its manufacturing subsidiary Tutamen has applied for and received approval for exclusive distribution of the Eukare(R) blood glucose monitoring system in Mexico. The application for importation of the system was made with Mexico's Federal Commission for Protection Against Health Risks (COFEPRIS) and has been approved by the Mexican Secretariat of Health. The system is a critical part of the ongoing battle against Type II diabetes which has reached epidemic levels in Mexico. The Eukare(R) system is Food and Drug Administration (FDA) approved in the U.S. and ISO and CE compliant.
Diabetes in Mexico will have risen 40% by the year 2012, killing over 100,000 Mexicans during that year, according to Jose Angel Cordova Villalobos, Health Secretary, Mexico. The disease is the number one cause of nonobstetric hospitalization in Mexico.
With this approval, One World will create a medical devices division of the company that will focus on the manufacturing and delivery of medical devices to areas where there is opportunity to provide for the underserved. Presently, the major pharmaceutical conglomerates with a much higher cost structure are the primary providers of diabetes testing supplies in Mexico.
"The Eukare System allows us to distribute a quality medical device in a more cost effective manner to people who desperately need the care," CEO Steve Prior said. "We've passed all product and packaging approvals and are ready to move to the next step."
"We are very excited to be establishing yet another income stream for the company and anticipate annual sales of the product to exceed $2 million," Prior explained. "It has been an arduous process getting these approvals. We anticipate shipping into Mexico very soon now that we are complete."
paperchase
05-14-2010, 03:20 PM
One World Ventures Announces Two Major Developments
9:29a ET May 13, 2010 (Market Wire)
One World Ventures, Inc. (PINKSHEETS: OWVI) announced today it has retained Baker Tilly Hong Kong as the accounting firm of record. The Company is auditing all of the One World Ventures, Inc. and its subsidiaries. Once completed, on or before August 15, 2010, One World Ventures, Inc. will be a fully reporting company.
"This is a big step in the transparency of One World Ventures, Inc.," CEO Steve Prior explained. "We are committed to moving the company up the exchanges and this is a crucial step in the process. The experience of Baker Tilly in auditing U.S. companies operating in Asia makes this a perfect fit for OWVI."
Baker Tilly is authorized by the Public Company Accounting Oversight Board to undertake services for U.S. listed companies and is a leading firm of certified public accountants and business advisers, providing an integrated range of services, with a commitment to excellence in all practice areas.
One World Ventures also announced its second 1WorldCash location within Hong Kong's World Wide House and the first Agent in Sheung Wan will be open for business this weekend. 1WorldCash location has surpassed 1,000 member card customers in its first month. Building on the success of the first location that opened in April, the new location will continue to provide additional convenience to the Filipino community sending funds from Hong Kong to the Philippines.
"The early success with 1WorldCash has been better than anticipated," CEO Steve Prior said. "After testing and refining our agency model we expect the number of agents to grow exponentially over the next few months."
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