WDAS Stock News 0.0260 05/08/2014 02:56:00 World Assurance Grou

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World Assurance Grou (WDAS) 0.0260 $WDAS

World Assurance Group April Revenues Surge to $1.6 Million - Tracking to Over $3.6 Million for 2nd Quarter and $7.2 Million for First Half Year
PR Newswire - Wed Apr 30, 7:54AM CDT
World Assurance Group, Inc. (www.worldassurancegroup.com) (OTC Pink: WDAS) today announces that it has completed the fund raising phase of Power Cloud 11, bringing WDAS April revenues to over $1.6 million in cash. As part of its technology and brand license agreement, WDAS receives 10% of the set-up costs once funding is completed and a further 3% of the ongoing revenues once these Power Clouds go into production.

World Assurance Group CEO Announces Share Repurchase Program Of Up To 100 Million Shares As Part Of Strengthening Capital Structure
PR Newswire - Mon Apr 28, 1:36PM CDT
World Assurance Group Inc. (www.worldassurancegroup.com) (OTC Pink: WDAS) today announced that its Board of Directors on April 28, 2014 adopted a corporate resolution to authorize a stock repurchase plan pursuant to which World Assurance Group Inc. may repurchase up to 100,000,000 (100 Million) shares of its common stock as part of an overall capital restructuring.

World Assurance Group, Inc. Reports $3.6 Million Operating Profit For Quarter Ending March 31, 2014
PR Newswire - Wed Apr 23, 9:18AM CDT
World Assurance Group, Inc. (www.worldassurancegroup.com) (OTC Pink: WDAS) today announces that it has recently filed unaudited results for the three months ended March 31, 2014, via the OTC Markets Disclosure & News Service. Key results of the unaudited financials were:

WDAS Books License Revenues Of $1 Million So Far In 2nd Quarter Following Funding Of 3 Power Cloud Projects In Japan
PR Newswire - Tue Apr 15, 9:17AM CDT
World Assurance Group Inc. (www.worldassurancegroup.com) (OTC Pink: WDAS) today announces that WDAS Q2'14 group revenues have reached $1,012,500 so far this quarter for license fees associated with the completion of funding of Power Clouds 9. Power Clouds Pte. Ltd. has committed over $10.125 million this quarter to develop Power Clouds 7, 8 and 9 in Japan. As part of its technology and brand license agreement, WDAS receives 10% of the set-up costs once funding is completed and a further 3% of the ongoing revenues once these Power Clouds go into production.

WDAS Helps Raise $690,000 For Socially Innovative Projects That Permanently Improve The Living Conditions Of Those Most In Need
PR Newswire - Tue Apr 08, 9:16AM CDT
World Assurance Group, Inc. (www.worldassurancegroup.com) (OTC Pink: WDAS) today announces that, as part of its Corporate Social Responsibility program, it has partnered with The World for People Foundation to leverage its technology and brands and has assisted in raising pledges of $690,000 to fund socially innovative projects that permanently improve the lives of people most in need.

WDAS Generates First Revenues of $3.6 Million and Positive Operating Profits for Quarter Ending March 31,2014
PR Newswire - Wed Apr 02, 8:00AM CDT
World Assurance Group Inc. (www.worldassurancegroup.com) (OTC Pink: WDAS) today announces that it has booked $3.6 million in gross revenues for the quarter ending March 31, 2014, bringing WDAS to profitability.

WDAS Acquires Wor(l)d Global Assets Pte Ltd To Broaden Licensing Portfolio And Bring Immediate Revenue Streams
PR Newswire - Wed Apr 02, 7:10AM CDT
World Assurance Group Inc. (www.worldassurancegroup.com) (OTC Pink: WDAS) today announces that it has completed the acquisition of World Global Assets Pte Ltd ("WGA" for 50 million WDAS restricted shares. WGA is the owner of the Wor(l)d Global Network Pte Ltd brands, trademarks, technology and IP, including ADKASH, and other technology products.

World Assurance Group Commences Process to Become Fully Reporting With SEC - New Website to Communicate New Business Direction Underway
PR Newswire - Tue Mar 25, 7:00AM CDT
World Assurance Group Inc. (www.worldassurancegroup.com) (OTC Pink: WDAS) today announces that it has commenced the process to become fully reporting with the Securities and Exchange Commission ("SEC", with a view to having the requisite annual audits for years ending December 31, 2013 and 2012 completed within 3 months. It is anticipated that the entire process will take approximately three months, but will be driven by the audit timelines for the previous periods.

Mobile Advertising Spend Expected To Reach $18 Billion In 2014 - WDAS Signs Its Second License Agreement In Mobile Advertising And CellAd Exhibits At ad:tech, San Francisco
PR Newswire - Thu Mar 20, 8:41AM CDT
World Assurance Group Inc. (www.worldassurancegroup.com) (OTC Pink: WDAS) today announces that World Global Group Inc. (WGG), a WDAS wholly owned subsidiary based in Miami, Florida, has acquired the license for AdKash, which now has over 162,000 downloads and that its other wholly owned subsidiary, CellAd Inc. will be exhibiting at the ad:tech digital marketing conference being held on March 26th and 27th, 2014.

WDAS Establishes New Subsidiary To House Wor(l)d Intellectual Property Licensing - Completes First Agreement In Green Technology Sector
PR Newswire - Mon Mar 17, 8:24AM CDT
World Assurance Group Inc. (www.worldassurancegroup.com) (OTC Pink: WDAS) today announces that it has recently established World Global Group Inc. (WGG), a wholly owned subsidiary based in Miami, Florida. WGG develops, acquires and subsequently licenses innovative technologies that are sold through the established powerful Wor(l)d Global Network (www.worldgn.com) marketing channels and to other partners worldwide.

Google Reports AdKash Downloads Have Exceeded 100,000 - Strengthens CellAd's Position In Rapidly Growing Mobile Market.
PR Newswire - Tue Dec 10, 7:55AM CST
World Assurance Group, Inc. (www.worldassurancegroup.com) (OTC Pink: WDAS) today announces that its wholly owned subsidiary, CellAd Inc., has seen its AdKash mobile application downloads grow to over 100,000 as reported on Google's Play Store statistics.

CellAd Inc. Formalizes Joint Venture With AdKash Partner World Global Network
PR Newswire - Tue Nov 12, 11:01AM CST
World Assurance Group Inc. (www.worldassurancegroup.com) (OTC Pink: WDAS) today announces that its wholly owned subsidiary, CellAd Inc., has recently formalized its partnership with World Capital Holdings pte and its wholly owned subsidiary World Global Network pte ("WGN" through a joint venture company, AdNovi Limited, registered in Ireland.

AdKash Downloads Climb to 90,000 -- On Track For First Revenues During Third Calendar Quarter
PR Newswire - Thu Jul 11, 7:41AM CDT
World Assurance Group Inc. (www.worldassurancegroup.com) (OTC Pink: WDAS) today announces that its wholly owned subsidiary, CellAd Inc., has seen its AdKash user community grow by a further 15% during June, to reach nearly 90,000 total downloads during the beta phase. AdKash has seen significant updates since its beta launch and is currently on track to offer live service to all users before the end of September 2013. This would see CellAd generate its first revenues from advertisers paying for ads on the Adkash platform.

CellAd To Benefit From Shift To Mobile Display Advertising In The $11 Billion Global Market
PR Newswire - Wed Jun 26, 8:03AM CDT
World Assurance Group, Inc. (www.worldassurancegroup.com) (OTC Pink: WDAS) today announces that CellAd Inc., its wholly owned subsidiary, appears well positioned to benefit from the ongoing shift from mobile search ads to mobile display ads in the rapidly growing global mobile advertising market, confirmed by leading analysts Gartner and IDC.

AdKash Downloads Grow By 16,000 In One Month To Reach 78,000
PR Newswire - Tue Jun 11, 7:25AM CDT
World Assurance Group, Inc. (www.worldassurancegroup.com) (OTC Pink: WDAS) today announces that its wholly owned subsidiary, CellAd Inc., has seen its AdKash user community grow by 25% during May to reach over 78,000 downloads during the beta phase.

CellAd Potential Android Users To Exceed One Billion By 2016 - Double What It Is Today Based On Analyst Report
PR Newswire - Mon Jun 03, 9:30AM CDT
World Assurance Group, Inc.'s (www.worldassurancegroup.com) (OTC Pink: WDAS) subsidiary, CellAd Inc., today announces that a recent report by analyst Canalys predicts that Android smartphones shipments will reach over 890 million by 2016 based on its analysis of current trends. As CellAd's reward based advertising programs currently work on Android smartphones, this confirms that the potential user market will continue to rapidly grow from the 470 million android smartphones shipped last year.

CellAd's 62,000 AdKash Users View Over 15 Million Advertisements In Beta Phase: Would Generate Over $1M In Quarterly Revenues For CellAd When Live
PR Newswire - Tue May 28, 9:35AM CDT
World Assurance Group, Inc. (www.worldassurancegroup.com) (Pinksheets: WDAS) today announces that its wholly owned subsidiary, CellAd Inc., has seen its AdKash Smartphone application, in partnership with World Global Network ("WGN", already deliver over 15 million advertising impressions to registered beta users.

AdKash Reaches Over 62,000 Downloads In Beta Phase
PR Newswire - Thu May 09, 7:25AM CDT
World Assurance Group, Inc. (www.worldassurancegroup.com) (Pinksheets: WDAS), today announces that its wholly owned subsidiary, CellAd Inc. has seen its AdKash user community already reach 62,000 users in its beta launch.

CellAd - A Revolutionary New Mobile Advertising Technology Launches First Application "AdKash" To Address $7 Billion U.S. Market
PR Newswire - Wed May 08, 7:00AM CDT
World Assurance Group, Inc. (www.worldassurancegroup.com), (Pinksheets: WDAS) today announces that its wholly owned subsidiary, CellAd, Inc. recently beta-launched its mobile advertising management platform and its first smartphone app 'AdKash' in conjunction with World Global Networks (WGN) prior to a formal launch in July.

World Assurance Group Enters The Global Mobile Advertising Industry With Acquisition Of Cellad, Inc.
PR Newswire - Tue Mar 05, 7:29AM CST
World Assurance Group, Inc. (www.worldassurancegroup.com) (WDAS.PK) today announces that it recently completed the acquisition of Cellad, Inc., a development stage company operating in the newly significant and rapidly growing global "mobile advertising" industry. Full details of the transaction can be found at www.otcmarkets.com/stock/wdas/filings.
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