Everybody's Phone Company, Inc. Announces Signed Definitive Letter of Intent for Acquisition of WorldWide Wireless, Inc.
March 12 2012 - 9:46AM
Everybody's Phone Company, Inc. (PinkSheets:EVPH) proudly announced
that the company has signed a Definitive Letter of Intent (LOI) to
acquire WorldWide Wireless, Inc. which is to be closed after thirty
days due diligence. The company anticipates releasing further
developments and their "game plan" as the acquisition unfolds in
the coming weeks.
WorldWide Wireless, Inc is the leading repair facility for
out-of-warranty electronic devices in the nation. The company is
also the ONLY of its kind to warranty in-house repairs for water
damage. Additionally, the retail website for WorldWide Wireless,
Inc, www.eRepairWorld.com is one of the leading online retailers
and manufacturers of smartphone accessories powering a network of
e-commerce stores that offer a wide selection of products, rapid
fulfillment, and knowledgeable expert support. The company retails
accessories from over 80 manufacturers covering all popular
smartphone brands sold in the US. Since 2002 the company has
shipped close to a million orders to satisfied customers worldwide.
Plans for the future include expansion into medical device repairs,
tablet and gaming system repairs as well as expanding online sales
and repairs.
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.
CONTACT: Norman George
norman@everybodysphonecomany.com
www.everybodysphonecompany.com