07.30
Clearwater, FL, July 30, 2010 — US Wireless Online, Inc. (UWRL; www.uswirelesscorporation.com) is pleased to disclose the financial statements of Go Green Electronic Recycling for the January 1 – June 30, 2010, period, and address several issues that had surfaced with the investor community.
By the end of Q2, the company had not realized any revenue, and posted a net income loss of $11,000 USD. The company did not expect to accrue positive revenues at this time, since Go Green Electronic Recycling is a start-up phase company. With regards to subsequent quarters, as Go Green Electronic Recycling recently signed a major e-waste distribution agreement with a Nigerian phone company that will involve the collection and shipping millions of units, the company anticipates a move towards growth and accelerating revenues.
In other company news and updates, although the company has a policy not to comment on lashing out of its critics (stock bashers), the company comments the following rumors circulating on UWRL are unfounded, untrue and easily explained:
1) Investors cannot find a business license for UWRL in Florida, because UWRL is a holding company, operating and incorporated in the State of Maryland. The company is filing for business license with the Florida Department of State (Sunbiz) presently.
2) The Company noticed a rumor that claims that there is no operation at the company’s present address. The company dismisses this claim as unfounded a fully manufactured. The company invites its shareholders to visit the facilities at their convenience.
3) Some online presences claim that there is no answer when trying to reach the company. The management informs the public, that the opposite is the truth. The company received multiple phone calls without answer on the other end of the line.
By this statement the management informs the public, that it wishes to focus on its business, and that going forward will not accept any investor phone calls and refers all inquiries to its IR representative Mina Mar Group at 1–647–426–1640.
About Mina Mar Group:
Mina Mar Group pioneered the “Go Public Free” program, the first firm to challenge the short sellers, stock bashers and repeal of the “Communication Decency Act”. Visit www.minamargroup.com/ice to learn more.
Mina Mar Marketing Group, MMMG (www.minamargroup.net) offers publicly traded companies full array of services such as Investor Relations and maintenance investor awareness.
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