AUSTIN, Texas, Oct. 23, 2012 /PRNewswire/ -- eDoorways International Corporation (Pink Sheets: EDWY) announced today that the Company has been granted Current Information status by OTC Markets following successfully updating financial and managerial information. "There is no higher designation for a PinkSheet company than receiving the Current Information status from the OTC Marketplace," stated Chris Mitchell, CFO of eDoorways. "We've spent a lot of time and energy increasing our transparency throughout the last year and we're thrilled to be completely caught up with our filings and in the last days of our audits completion."
The Company is expecting to continue with the scheduled up-listing to a higher tiered exchange, increasing visibility and transparency. "We're working on a lot of behind the scenes creations which are certain to change the technology world as we know it," continued Mitchell. "Having achieved the current information status and our eventual up-listing makes our access to capital much more plentiful, allowing us to avoid selling shares in the market and any future dilution. It is our goal to move forward with our anti-dilutive transparent business operations and achieve maximum value for our shareholders."
For more information on eDoorways International Corporation please visit our website at www.eDoorways.com or follow us on Twitter ( http://twitter.com/edoorways ).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.
Contact:
Heritage IR
(561) 210-5675
info@HeritageIR.com
The Company is expecting to continue with the scheduled up-listing to a higher tiered exchange, increasing visibility and transparency. "We're working on a lot of behind the scenes creations which are certain to change the technology world as we know it," continued Mitchell. "Having achieved the current information status and our eventual up-listing makes our access to capital much more plentiful, allowing us to avoid selling shares in the market and any future dilution. It is our goal to move forward with our anti-dilutive transparent business operations and achieve maximum value for our shareholders."
For more information on eDoorways International Corporation please visit our website at www.eDoorways.com or follow us on Twitter ( http://twitter.com/edoorways ).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.
Contact:
Heritage IR
(561) 210-5675
info@HeritageIR.com
