Pacific WebWorks, Inc. Relists on the OTCBB Exchange
May 31 2012 - 12:06PM
Business Wire
Pacific WebWorks, Inc. (OTCBB: PWEB) announces its return to the
OTC Bulletin Board exchange.
The Company has filed all required periodic reports, including
the most recent March 31, 2012 Form 10-Q report. After trading
exclusively on the OTC Pink Tier for one year, the Company has now
relisted on the OTC Bulletin Board exchange.
Company President and CFO Lance Bell stated, “We are pleased to
have addressed the reporting issues that surfaced in 2011. Having
now relisted on the OTC Bulletin Board exchange, we believe that
the Company is well positioned to move forward, and we are focused
on identifying and growing profitable businesses that can create
value for our shareholders.”
About Pacific WebWorks and Intellipay
Pacific WebWorks provides a comprehensive suite of affordable,
easy-to-use software programs for small businesses that want to
create, manage and maintain an effective Web strategy, including
full e-commerce capabilities. Pacific WebWorks operates a number of
wholly owned subsidiaries, including Intellipay, a nationally
recognized internet gateway, TradeWorks Marketing and others.
Forward-Looking Statements
All statements other than statements of historical fact included
in this press release are forward-looking statements. Words such as
"anticipate," "believe," "estimate," "expect," "intend" and other
similar expressions as they relate to the Company or its
management, identify forward-looking statements. Such
forward-looking statements are based on the beliefs of the
Company's management, as well as assumptions made by and
information currently available to the Company's management. These
statements are not a guarantee of future performance. Actual
results could differ materially from those contemplated by the
forward-looking statements as a result of certain factors,
including the Company's ability to maintain sufficient credit card
processing capabilities to service the demands of their hosting
portfolio and other risk factors discussed under the caption "Risk
Factors" in our Annual Report on Form 10-K for the year ended
December 31, 2010 as filed with the Securities and Exchange
Commission. Such statements reflect the current view of the
Company's management with respect to future events and are subject
to these and other risks, uncertainties and assumptions related to
the operations, result of operations, growth strategy and liquidity
of the Company. All subsequent written and oral forward-looking
statements attributable to the Company or persons acting on its
behalf are expressly qualified in their entirety by this paragraph.
The Company has no intention, and disclaims any obligation to
update or revise any forward-looking statements, whether as a
result of new information, future results or otherwise.
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