Buffalo, New York 10/20/2009 3:15:00 AM
News / Business

One World Ventures (PKS: OWVI) Received Unsolicited Indication of Interest

One World Ventures, Inc. (PINKSHEETS: OWVI) recently 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.

 

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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. 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. Source One World Ventures, Inc.

 

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