Everybody's Phone Company Announces WorldWide Wireless, Inc. Targeted to be Fully Reporting--Exponential Benefits for Present...
March 14 2012 - 8:00AM
Everybody's Phone Company (Pink Sheets:EVPH) announces on the heels
of their definitive LOI and completion of its due diligence that
WorldWide Wireless, Inc. and Everybody's Phone Company are planning
to undergo the process of becoming a fully reporting company. After
an official PECOB audit and a registration statement filing,
WorldWide Wireless, Inc. intends to go public and in doing so
intends to create exponential benefits for present EVPH
shareholders.
Once public as a part of EVPH, WorldWide Wireless, Inc. is
planned to be the subject of a spin off, where EVPH will maintain
an ownership interest in the spun off public company. With the
expected filing and potential effectiveness of the registration
statement, WorldWide Wireless will maintain a high level of
transparency and be subject to the Securities Act reporting
standards. Perhaps most exciting is that once the spin-off is
completed, shareholders of EVPH will hold shares in WorldWide
Wireless, Inc. in an expected dividend which is planned by the
parties. This move is expected to allow for shareholders to
exponentially increase their original investment without the need
for any additional capital.
CEO Norman George states, "The LOI and acquisition of WorldWide
Wireless is only the first step in many exciting company
developments to come. The opportunity for our company growth is
only outweighed by the enormous benefits this will afford to our
current and future shareholders."
About Everybody's Phone Company
Everybody's Phone Company (EVPH) is expanding their services to
include pre-paid energy, utility, and internet services. EVPH also
plans to buy and consolidate defaulted mortgage loans.
Simultaneously, EVPH will be in close contact with those who need
their services most through buying defaulted loans. 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 products, utility services and debt
buying abilities 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@everybodysphonecompany.com
www.everybodysphonecompany.com