2010
07.15

Clearwater, FL, July 15, 2010 — US Wireless Online, Inc. (UWRL; www.uswirelesscorporation.com) and its subsidiary Go Green Electronic Recycling (www.gogreenelectronicrecycling.com) are pleased to announce a new joint venture with Nigerian telecom operator AFCO Communications Nigeria Ltd.

Go Green Electronic Recycling will supply AFCO with 33 million refurbished cell phones over a 16-year period, which will accrue $400 million USD. The company is expected to supply an estimated 200,000 cell phones in 2010, which at the agreed sale price of $12/phone translates into revenue of $2.4 million.

“This project will translate into an incredible growth,” said UWRL president Michael York. “Partnering with the largest telecom company in Sub-Saharan Africa on a project of this scope can only mean good things for the future of GGER.”  

Millions of Nigerians are disappointed with their GSM (Global System for Mobile Communications) operator and are looking for efficient and cost effective telecom service. This project is a timely one for Go Green Electronic Recycling because to receive improved service, cell phone users will require a new phone, which are in plentiful supply in the US. A cell phone’s typical lifespan is 12-18 months, and the Environmental Protection Agency estimates that 350,000 phones are discarded every day in the US.

Participate! Be heard by the US authorities! Lets put the short sellers and stock bashers on ICE. See www.minamargroup.com/ice Sign the petition which we intend to present to US authorities and once and for all ban the short sales in the small cap markets. The same rules as in effect in Germany and Hong Kong. Our proposal has a limited scope effecting Pink Sheets and OTCBB companies only. Fight back as an investor to repeal the “Communications Decency Act” which allows for the short sellers, stock bashers and or those which offer them a safe harbour to leech and thrive on these markets, while causing distress and decline of small/micro cap companies and the values of issuers share prices.

The company reminds its shareholders and followers to monitor PinkSheets.com Filing section and also our IR company web site section “PRESS RELEASES AND FILINGS” TAB http://www.minamargroup.net/ for non newsworthy corporate updates.

For any matters relating to retail investor queries or to send the company or its IR a message please click on the “INVESTOR SUPPORT” TAB, or the direct link http://www.minamargroup.net/helpdesk. In this regard, Mina Mar Group works diligently to answer and address all the pressing issues regarding its clients to the shareholders’ satisfaction. MMG is in constant contact with the companies, addressing, obtaining and processing all inquiries. MMG is often one of the advisors or IR companies utilized by the issuer. Depending on the location of the issuer and management’s availability, it may take up to several days to address any pressing issues. In a normal course of business and a pending transaction, the issuer may opt to remain silent in order not to lose advantage to a competitor. MMG is mindful that sometimes shareholders want answers immediately, which for the above reasons cannot be fulfilled on a timely basis.

Don’t be a victim. Report a stock basher to authorities. The company is mindful that short sellers, the company competitors and stock bashers stalk small cap Pink Sheets listed companies with hidden agendas. Visit http://www.stockbasher.com/ and find out what criminal and civil actions the US authorities are taking against web sites and the remedies available to you as an individual investor. Discover for yourself why and how USA based small businesses and the backbone of the economy suffer. Stay informed and do not allow entrepreneurs dreams, innovations, and their access to capital to be thwarted as “scalpers” and day traders vigorously day in and day out try to exploit and extinguish US innovation and progress for quick profits.

Filings for this event are currently being reviewed and will be filed with Pink Sheets and Client Support section in due course. To be included in company’s email database for press releases, industry updates, and non-weekly activity in the company that may or may not be news released, please subscribe or opt in mailer at http://www.minamargroup.com/updates.

Share

No Comment.

Add Your Comment

You must be logged in to post a comment.