One World Holdings Raises Capital to Fund National Expansion and Complete Round of Convertible Note Elimination
March 31 2015 - 10:00AM
InvestorsHub NewsWire
Houston, Texas -- March 31, 2015 -- InvestorsHub NewsWire
-- ONE WORLD HOLDINGS, INC. -- The One
World Doll Project, a subsidiary of One World Holdings, Inc.
(OTCQB: OWOO),
today announced it has raised $648,500 from a group of private
investors since January 1, 2015. Additionally, One World has
obtained purchase order funding commitments up to an additional
$950,000. Each of these investments will provide the company with
the capital required to carry out the national expansion of The
Prettie Girls! and The Prettie Girls! Tween Scene dolls into big
box retail stores and assist in the elimination of toxic debt as
laid out in the company’s debt retirement and consolidation plan
announced in 2014. To date, over $200,000 realized from these
investments has been used to complete another round of convertible
note elimination and consolidation.
"The strides towards success that One World has made this year,
especially our retail distribution deal with Amazon.com and
partnership with The Tonner Doll Company seems to be striking a
positive chord with new and current investors,” said Joanne Melton,
One World Holdings CEO. "We attribute this investor enthusiasm
primarily to our eliminating convertible notes from lenders who
have a track record of aggressively selling shares into the market
with little or no regard for the negative effects on the company’s
stock price. Our days of being funded by predatory lenders have
come to an end and our stock seems to now be showing how well it
can perform with the absence of excessive dilution," she added.
The Company has been buoyed by trading activity of its stock which
recently achieved a price per share that represents over a 595%
increase in value since January 1, 2015.
About The One World Doll
Project
Established in 2010 by Trent T.
Daniel and Stacey McBride-Irby, The One World Doll Project is
committed to changing the retail landscape of the doll industry.
The Prettie Girls!™, are a collection of fashion play dolls diverse
in culture, interests, and style. McBride-Irby, former Mattel®
designer most notably known as creator of the So In Style® dolls
(the first African-American dolls by Mattel), designed the Prettie
Girls! as unique works of art for a growing market yearning for
something new to experience. The Prettie Girls! capture the essence
of positive values and attributes that every little girl can
embrace. "Prettie" stands for P(ositive) R(espectful)
E(nthusiastic) T(ruthful) T(alented) I(nspiring) E(xcellent).
Styled for play, yet filled with soul, The Prettie Girls! set new,
higher, values-based standards for beauty- positive goals that
reach across the globe and up for the stars!
More information about Stacey
McBride-Irby, Trent T. Daniel, and The One World Doll Project, can
be found at www.oneworlddolls.com.
For investor relations,
One World Holdings, Inc.
ir@oneworlddolls.com
(281) 497-1311
_____________
Notice Regarding
Forward-Looking Statements
Safe Harbor
Statement under the Private Securities Litigation Reform Act of
1995: This news release contains forward-looking information 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, including statements that include the words "believes,"
"expects," "anticipate" or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to differ materially
from those expressed or implied by such forward-looking statements.
In addition, description of past success, either financial or
strategic, is no guarantee of future success. This news release
speaks as of the date first set forth above; and the Company
expressly disclaims responsibility to update the information
included herein for events occurring after the date
hereof.