EDWY News EDOORWAYS INTERNATIONAL CORP Symbol
Post# of 144499
EDWY News
EDOORWAYS INTERNATIONAL CORP
Symbol U : EDWY
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eDoorways International Corporation Secures $5 Million Equity Line
2012-04-23 08:47 ET - News Release
AUSTIN, Texas -- (Business Wire)
eDoorways International Corporation (Pink Sheets: EDWY) announced today that the Company has secured $5 Million financing from New York based Gibraltar Advisors, LLC. The funding will become active promptly after eDoorways completes the audit and up-listing process which will have the Company trading on the more transparent OTCBB platform. “We’ve had the opportunity to work with Gibraltar Advisors and their management for the last several years,” stated Chris Mitchell, CFO of eDoorways International Corporation. “Although many funding offers have been placed on the table, we feel we are in the best hands with Gibraltar Advisors and we’re looking forward to growing steadily on the more transparent and investor friendly BB platform.”
eDoorways has been working diligently for the past several months, picking out the best auditing firm and legal counsel to assist the Company. “We feel we’ve picked the best professionals for the job,” continued Mitchell.
“We firmly stand behind eDoorways and are excited to continue to work closely with the Company and help them reach the next level,” stated a managing partner of Gibraltar Advisors. “The dialogue that has been going on for the past few weeks really makes us confident in eDoorways and excited to help the Company reach their full potential.”
eDoorways International Corporation is anticipating the completion of the audit by the end of the next fiscal quarter according to Company insiders.
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