Everybody's Phone Company (Pink Sheets:EVPH) annou

Everybody's Phone Company (Pink Sheets:EVPH) announces on the heels of their definitive LOI and completion of its due diligence that WorldWide  Wireless , Inc. and Everybody's Phone Company are planning to undergo the process of becoming a fully reporting company. After an official PECOB audit and a registration statement filing, WorldWide Wireless, Inc. intends to go public and in doing so intends to create exponential benefits for present EVPH shareholders.

Once public as a part of EVPH, WorldWide Wireless, Inc. is planned to be the subject of a spin off, where EVPH will maintain an ownership interest in the spun off public company. With the expected filing and potential effectiveness of the registration statement, WorldWide Wireless will maintain a high level of transparency and be subject to the Securities Act reporting standards. Perhaps most exciting is that once the spin-off is completed, shareholders of EVPH will hold shares in WorldWide Wireless, Inc. in an expected  dividend  which is planned by the parties. This move is expected to allow for shareholders to exponentially increase their original investment without the need for any additional capital.

CEO Norman George states, "The LOI and acquisition of WorldWide Wireless is only the first step in many exciting  company  developments to come. The opportunity for our company growth is only outweighed by the enormous benefits this will afford to our current and future shareholders."