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HUNTINGTON BEACH, CA, December 30, 2021 (GLOBE NEWSWIRE) – via NewMediaWire – One World Universe Inc. (OTC: OWUV), a publicly traded company that invests in sports-related businesses, distressed assets, opportunities trading within emerging industries like the Metaverse and providing humanitarian efforts in more than 185 countries, today announced that it has formed a new division of the company that will focus on reviving listed companies in the expert market.
The newly formed entity will be led by CFO Caren Currier, known and respected in the OTC world for her bizarre ability to clean up struggling and dormant public enterprises. One World Universe will act as an incubator and accelerator for these public vehicles and will either assist in the reverse merging process of ‘shells’ where Ms.Currier will find a qualified owner for the entity or simply clean the vehicle for the current head of the company. ‘business. One World will generate income by charging a lump sum participation in the company as compensation for the services provided. These shares will be part of a portfolio of equity assets generated by both “clean-ups” and “spin-offs” of current subsidiaries.
“Many shareholders in the investment community have seen my name attached to other public entities. I have many years of experience in cleaning up public companies, refurbishing them and negotiating after they have met all the necessary regulatory requirements and even facilitated reverse mergers. After the recent rule change last September, my services have been sought after by many business owners who need help relaunching their public entity and requalifying it to return to the Pink Sheets market level or above, ”said Caren Currier, CFO of OWUV. .
On September 28, 2021, over 2,000 publicly traded companies whose shares had been listed on the OTC Markets Pink Open Market were transferred to the limited OTC Markets ‘expert market’, where shares were essentially suspended. of official negotiation, for failure to update publicly available company information.
This action resulted from the SEC’s position that increased disclosure and investor protection was needed in the over-the-counter (OTC) markets, as evidenced by the September 2020 amendment to Securities Rule 15c2-11. Exchange Act. This rule prohibits brokers from publishing over-the-counter securities quotes on listing media without first reviewing certain financial information of the issuer and ensuring that the information is up-to-date and publicly available.
For further updates and information, shareholders are requested to follow our social media accounts on Twitter at www.twitter.com/JCHC_UPWT and www.twitter.com/OneWorldU or visit our websites at www.oneworlduniverseinc.com and www.JCHoldingCorp.com.
About One World Universe, Inc.
A global universe (OTC:OWUV) is a California-based company whose mission-driven business implements global humanitarian efforts through profits generated from the sale of products and services to improve the lives of people living in the most challenging environments and their communities. Our company has provided valuable resources such as access to personal protective equipment (PPE), drugs, vaccines and educational support programs where play and basic necessities are essential.
Disclaimer Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “Could”, “in progress,” “plan”, “potential”, “foresee”, “project”, “should”, “will”, “would”, or the negative of these terms or other comparable terminology , although not all forward-looking statements contain these words. Forward-looking statements are not guarantees of future performance or results, and will not necessarily be precise indications of when or by which such performance or results will be achieved. forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be significantly. t different from the information expressed or implied. by the forward-looking statements contained in this press release. This press release should be viewed in light of all documents filed by the Company which are contained in the Edgar records of the Securities and Exchange Commission at www.sec.gov and in OTC Markets at www.otcmarkets.com
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Source: One World Universe Inc.