09.02
Clearwater FL, September 2, 2010 — US Wireless Online (UWRL; http://www.uswirelesscorporation.com), UWRL’s US based operating subsidiary Go Green Electronic Recycling and UWRL management is using this opportunity to provide general update on various business matters.
Currently, the company is impeded with a “caveat emptor” ranking of its security on Pink Sheets (OTCMarkets.com). The company is currently completing all the necessary documents, to satisfy OTC Markets to have this negative rank removed. This includes a legal opinion, which it will file shortly in order to address this matter. The company has retained a Texas based law firm with over 30 years of experience to assist it in this task. The company is hopeful to have this matter resolved shortly. UWRL also has a merger in a holding pattern; a China based gaming company, vu365.com. That merger is alive and well and in a holding pattern, awaiting satisfaction of the caveat emptor ranking. The previously announced Welcome Place is a separate candidate that was previously announced which is alive and well and still in the loop and plans of UWRL.
The company is aware that there is an oversold position, or perhaps, the caveat emptor ranking has created downward pressure on our share values – share price. The company is mindful of this as it works to address this matter. On the operational side of Go Green its business as usual as the company continues to work through some of its logistical chain supply and distribution channels. In summery our business is doing well and continues to operate on an upward momentum.
The company will follow further updates as it becomes available.
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The meeting, scheduled for September 16, 2010, in the United States, is being held to discuss the necessary steps required to help the people of Abuja, Nigeria, build better communications and a greener future. Final details confirming the time and date will follow.
President and CEO Thomas Weaver also announced that Go Green Electronic Recycling (GGER) is in negotiations with the Florida Department of Children and Families (http://www.dcf.state.fl.us) to acquire all of their old desktop PCs and laptop computers. These negotiations should be finalized shortly.
GGER is pleased with these opportunities and will keep investors updated as more details become available.
subsidiary Go Green Electronic Recycling (http://www.gogreenelectronicrecycling.com) is in negotiations with Ike Ikefuma, President of Nigerian telecom giant AFCO International, to accompany him to a meeting with former President Bill Clinton.
Bold Statement. Management is aware that a declining share price will not fetch well with investors, or attract traders, for that matter. The intonation implies that UWRL principals will work to resolve the issue. Resolving the issue equates to boosting the share price which equates to the return on investment (ROI) traders & investors seek.
everyone get ready cause UWRL is going up for good!
The Environmental Protection Agency estimates that 350,000 cell phones are discarded every day in the US, and upward of one hundred million phones are replaced each year.
Sounds like a great amount of profit!
And they are one of the companies that are very rare to find that actually recycle their items. With the youth, that is becoming way more popular no a days and they in the end are the future.
(www.uswirelesscorporation.com) announced that the representatives of Go Green Electronic Recycling (www.gogreenelectronicrecycling.com) will meet with the founder of the Nigerian AFCO in California.
Go Green Electronic Recycling (GGER) Senior Strategist Victor Azar will meet with Mr. Ike Ikefuma, the founder of AFCO, to discuss the details of the Join Venture between the companies. The representatives will discuss details regarding detailed pricing for the Nigerian project and logistic details of the project.
Mr. Azar will also meet with representatives of two well-known cell phone service providers to determine as to which provider offers a better profile and a better fit for GGER’s Nigeria Project.
GGER will supply AFCO and the Nigerian Market 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 sale price of $12/phone translates into revenue of $2.4 million.
Better to know the company has long term partners.
Good to know the company’s law firm has been with them for over 30 years and is assisting on the task .. please keep us updated as it is on my best interest to know how the company is doing .