News & Events

December, 2010

One World Ventures Inc. Announces Realignment & Focus

LAS VEGAS, NV–(Marketwire – 12/07/10) – One World Ventures, Inc. (Pinksheets:OWVINews) announced a realignment to focus the business on its core competencies that can be leveraged in the changing world of increased internet commerce and continued migration of under-banked Asian workers remitting money. The plan includes reorganizing the company’s business units to better leverage internal competentcies, align with customer needs, expanded partnering to ensure a full portfolio of products and services; and disposition of non core assets.

The Company’s business units are planned to be realigned into two, each targeting a specific customer focus area. The planned new business units, which are expected to come into effect on January 1, 2011 are:

  • 1 World Money — a combination of existing technology products which include remittance and forrex trading, online and mobile payment solutions across international boundaries and the 1 World Card. 1 World Cash retail operations provided the Company with invaluable knowledge, insight and an understanding of the profitable components of the business. The overhead investment required to rapidly expand and complications of running an international cash based retail business have led the company to the decision that the preferred method of growth is through processing and the technology rather than retail operations. The Company has received an unsolicited cash offer for the retail operations and is currently considering it. The sale if completed will not only add revenues to the business but will immediately turn this business segment into a positive cash flow position.
  • To expand its services portfolio and to be in a position to offer complete application solutions under one roof, the company is setting up a social business technology unit. Using social intelligence to enrich the business support process, the company plans to develop a model fundamentally changing the way companies develop business initiatives, cultivate product innovation, and go to market. Demand for social business technology is increasing rapidly, as companies struggle to come to terms with managing a social media presence that spans countries, languages, social platforms and stakeholders. The company currently is in negotiations to merge with a technology company that provides Social Business functionality that injects a corporate infrastructure with a social layer to connect people, content and activities inside and outside the enterprise.
  • The Company’s Tutamen manufacturing business and the IST alternative energy business have provided revenue but have failed to live up to some promising revenue streams and are no longer considered to be core to the business and its future. The Company is currently in negotiations to sell these businesses and anticipates completing a transaction by the end of 2010.

“This strategic realignment will serve as a stronger platform to drive future growth initiatives and is a natural progression for OWVI. As we create a blueprint for change, we need to exploit our existing portfolio and leverage our core competencies enhancing shareholder value,” Prior, CEO of One World Ventures, said.

“Transparency is the foundation of investor confidence for any publicly held concern. As OWVI emerges from concept to reality and now prepares to accelerate its acquisition activity, routine financial disclosure is essential,” said Stephen Prior, CEO One World Ventures, Inc. The Company’s share capital remains unchanged at 2.5 Billion authorized and issued shares. The Company will issue audited financials in the near future; audited figures are expected to be consistent with previously disclosed revenue and earnings estimates and include those for the previously announced.

About One World Ventures, Inc.:
One World Ventures, Inc. (www.1worldventures.net) is a holding company with management resourced in Asia, and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages.

 Safe Harbor Statement:
Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. One World Ventures, Inc. undertakes no obligation to update any such statements to reflect actual events.

Contact:
One World Ventures, Inc.
USA Tel (+1) 702-789-1088
E-mail Contact
October,2010

One World Ventures Signs LOI to Acquire Hydrobotanical Engineering

LAS VEGAS, NV–(Marketwire – 10/28/10) – One World Ventures, Inc. (Pinksheets:OWVINews) is pleased to announce that, effective October 28, 2010, it has entered into a Letter of Intent (the “LOI”) with Hydrobotanical Engineering, LLC, a Limited Liability Company duly organized and existing under the laws of the State of California, whereby the Company proposes to acquire all of the issued and outstanding capital stock of Hydrobotanical Engineering, LLC. During the month October, 2010, the company has already booked over $1 Million dollars in sales.

In accordance with the terms of this Letter of Intent, One World Ventures, Inc. and Hydrobotanical Engineering, LLC, wish to memorialize the understanding with respect to One World Ventures, Inc. acquiring Hydrobotanical Engineering, LLC, as a 100% Wholly Owned Subsidiary of One World Ventures, Inc. This Letter of Intent, which on behalf of the parties, sets forth the basic terms and conditions for the preparation and execution of an Acquisition Agreement upon which the parties have agreed.

Stephen Prior, CEO, One World Ventures, Inc. said, “This pending acquisition is accretive and consistent with our recently-announced strategy to grow shareholder value by acquiring reputable, innovative and, most importantly, profitable companies operating in this expanding growing space.”

Scott Rettberg, CEO, Hydrobotanical Engineering, stated, “This transaction will transform our company, giving us the resources to capitalize immediately on this rapidly developing market in providing equipment that is safe and secure to a fully automated organic farming supply chain.”

About Hydrobotanical Engineering

Hydrobotanical Engineering, LLC, a Limited Liability Company duly organized and existing under the laws of the State of California. Growbots is an all-in-one, plug-and-grow hydroponic production system providing a complete seed-to-harvest solution. More information can be found at http://www.growbot.com/.

About One World Ventures, Inc.:
One World Ventures, Inc. is a holding company with management resourced in Asia, Mexico and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages.

Safe Harbor Statement:
Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. One World Ventures, Inc. undertakes no obligation to update any such statements to reflect actual events.

Contact:
One World Ventures, Inc.
investors@1worldventures.net
Website: www.1worldventures.net
Hydrobotanical Engineering
San Juan Capistrano
California 92675
Tel. (949) 226-4468
http://www.growbot.com/
scott@hydrobotanical.com

Contact:
One World Ventures, Inc.
USA Tel (+1) 702-789-1088
E-mail Contact
October,2010

One World Ventures, Inc. Releases Financial Results for Period Ending June 30, 2010

marketwire

LAS VEGAS, NV–(Marketwire – 10/06/10) – One World Ventures, Inc. (Pinksheets:OWVINews) announced it has released financial results for the period ending June 30, 2010.

“The Company continues to show rapid growth in all sectors of the business and we are very satisfied we were able to maintain a small profitability during the quarter,” Stephen Prior, CEO of the Company, commented. “Strong profits in the Tutamen Manufacturing business were offset by losses in 1WorldCash which started operation in the quarter. We expect to experience losses in 1WorldCash through the end of the year as the Company builds out its agency system and gains critical mass and takes advantage of recently negotiated settlement cost reductions. Looking ahead, as we continue to reach significant milestones, we expect revenue and business to increase significantly throughout the year as we continue to deliver shareholder value in 2010,” Prior said.

“Alternative energy sales were significantly better in the second quarter but still disappointing,” said Prior. “The company has not been able to take advantage of and fund certain projects. We have bid a significant number of larger projects where we are expecting but have not yet success. The Company is focusing its energy and resources on investing in and developing a proprietary product for the wind turbine business the details of which the Company expects to announce soon.”

 The Company issued a stock moratorium in the last quarter of 2009 and did not increase its share Capital for a period of 6 months; the Company set a goal to raise an additional $1.0 Million in Capital and was active in this area in the second and third quarters. The Company has not reached its goal but is not actively seeking capital at the moment while it focuses all efforts on execution and refinement of the business.

 About One World Ventures, Inc.

 One World Ventures, Inc. is a holding company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages.

Safe Harbor Statement:

Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. One World Ventures, Inc. undertakes no obligation to update any such statements to reflect actual events.


Contact:
One World Ventures, Inc.
USA Tel (+1) 702-789-1088
http://www.1worldventures.net/

 

 

 

Contact:
One World Ventures, Inc.
USA Tel (+1) 702-789-1088
E-mail Contact
August, 2010

One World Ventures, Inc. Announces New Remittance Into China With 1World Cash and the Opening of Third & Fourth 1World Cash Locations in Mong Kok

LAS VEGAS, NV–(Marketwire – August 19, 2010) – One World Ventures, Inc. (PINKSHEETS: OWVI) 1World Cash, a money transfer service, today announced its expansion into China. 1World Cash is now able to remit and transfer funds from Hong Kong and other countries directly to all Chinese banks. The Company is able to leverage support, staffing and overhead from its Tutamen manufacturing subsidiary. The Asia Pacific region is one of the fastest growing markets for money transfer in the world. According to the World Bank, China is the second largest remittance-receiving country with $32.5 billion recorded in 2009.

OWVI also announced the opening of two new 1World Cash retail agency locations in Mong Kok (one of Hong Kong’s liveliest districts, jammed full of shops, street-side stalls, as well as Hong Kong’s famous Mong Kok Ladies Market). According to the Guinness Book of Records Mong Kok is the most densely populated place on the planet, squeezing in over 130,000 people per km2.

“With our capabilities to send money, China 1World Cash can now provide a quality but affordable remittance service that enables all the travelers, students, workers to send immediate cash to bank accounts in China. This service will be of great help to both Chinese & business customers here, China has been a strong market for a number of years and now with the strength of China’s import and export industry, the demand for sending funds into the country is growing, thereby creating a good opportunity to expand our business in this region. We expect gross revenue to grow to over HK$1 million (US$ Approximately 135,000) for the first time in the month of August. We continue to build trust and expand our customer base at a rapid rate,” says Steve Prior CEO, One World Ventures Inc.

About One World Ventures, Inc.

One World Ventures, Inc. is a company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages.

Safe Harbor Statement:
Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. One World Ventures, Inc. undertakes no obligation to update any such statements to reflect actual events.

Contact:
One World Ventures, Inc.
USA Tel (+1) 702-789-1088
investors@1worldventures.net
http://www.1worldventures.net
http://www.1worldcash.net

Contact:
One World Ventures, Inc.
USA Tel (+1) 702-789-1088
E-mail Contact
August 2010

One World Ventures Acquires Funding for Further Expansion

LAS VEGAS, NV–(Marketwire – 08/13/10) – One World Ventures, Inc. (Pinksheets:OWVINews) announced today it has successfully obtained funding to further expand the business operations in its effort to become more profitable and provide greater shareholder value. One World had increased the authorized shares by 500 million and was able to successfully place shares which will enable the company to take advantage of expansion opportunities and help achieve its growth goals.

“We are still a very young company, yet we are in the process of growing rapidly,” CEO Stephen Prior explained. “This influx of capital will allow us to focus on new 1World Cash locations as well as other opportunities.”

In an effort to become fully reporting and provide greater transparency, One World is pleased to announce that Baker Tilley, an international accounting firm located in Hong Kong, is completing the audit of the company’s financials. Once finished, One World will release the report at which stage the company will meet all the SEC requirements to be a fully reporting company.

In addition, the company is providing full accessibility of its transfer agent in Las Vegas, NV and can be reached for share structure details. As of Friday, August 13, 2010, the authorized share total is 2.5 billion, all of these shares are issued or allocated. One World doesn’t anticipate any changes to the share structure in the foreseeable future.

Safe Harbor Statement:
Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. One World Ventures, Inc. undertakes no obligation to update any such statements to reflect actual events.

Contact:


Contact:
One World Ventures, Inc.
USA Tel (+1) 702-789-1088
investors@1worldventures.net
http://www.1worldventures.net
Contact:
One World Ventures, Inc.
USA Tel (+1) 702-789-1088
E-mail Contact
Contact Us One World Ventures 5348 Vegas Dr., 551
Las Vegas, NV 89108
Email: info@1worldventures.net
Telephone No.: 1+ 702-789-1088