News for 'EVPH' - (Everybody's Phone Company Annou
Post# of 99128
News for 'EVPH' - (Everybody's Phone Company Announces That the Company Has Ended Negotiations to Acquire WorldWide Wireless, Inc.)
HOUSTON, May 4, 2012 (GlobeNewswire via COMTEX) -- Everybody's Phone Company
(Pink Sheets:EVPH) announces that Board of Directors has ended negotiations to
acquire WorldWide Wireless, Inc. due to unanticipated changes in market
conditions.
About Everybody's Phone Company
Everybody's Phone Company (EVPH) is expanding their services to include online
account monitoring, referral incentive programs, and availability of government
programs to increase their bottom line and attract new customer bases across
Texas. EVPH started out acquiring heavily discounted telephone service from the
incumbent local exchange carriers, such as AT&T and Verizon, and reselling the
services at premium rates on a prepaid basis yielding above average profit
margins and mitigating bad debt. Once EVPH achieves critical mass in Texas, it
plans to expand its prepaid telecommunications product nationwide. For more
information, visit www.everybodysphonecompany.com.
The foregoing press announcement contains forward-looking statements that can be
identified by such terminology such as "believes," "expects," "potential,"
"plans," "suggests," "may," "should," "could," "intends," or similar
expressions. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results to be
materially different from any future results, performance or achievements
expressed or implied by such statements. In particular, management's
expectations could be affected by, among other things, uncertainties relating to
our success in completing acquisitions, financing our operations, entering into
strategic partnerships, engaging management and other matters disclosed by us in
our public filings from time to time. Forward-looking statements speak only as
to the date they are made. The Company does not undertake to update
forward-looking statements to reflect circumstances or events that occur after
the date the forward-looking statements are made.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Everybody's Phone Company, Inc.
By Staff
CONTACT: CONTACT: Everybody's Phone Company
www.everybodysphonecompany.com
info@everybodysphonecompany.com
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