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MWW Automotive Group Announces Reverse Stock Split



              MWW Automotive Group Announces Reverse Stock Split

PR Newswire

HOWELL, Mich., April 11, 2013

HOWELL, Mich., April 11, 2013 /PRNewswire/ -- MWW Automotive Group (OTCQB:
MWWC), a global design, engineering, and manufacturing firm serving some of
the world's leading automotive and industrial manufacturers, announced today
that it has filed a Certificate of Amendment to its Certificate of
Incorporation to implement a 100 to 1 reverse split of its common stock (the
"Reverse Stock Split"). The reverse split will not change the value of the
shareholder investment at that date, but there can be no assurance that the
newly established opening bid price can be maintained over time. As a result
of the Reverse Split, the Company's outstanding shares have been reduced to
less than 28 Million shares.

(Logo:  http://photos.prnewswire.com/prnh/20110816/DE52700LOGO )

Due to the Reverse Stock Split, MWWC's common stock will trade under a new
CUSIP number 57061T300 and trade under the symbol "MWWCD" following the
reverse split on the Over The Counter (OTCQB:MWWC) trading platform. The
symbol will revert back to its original symbol "MWWC" after twenty (20)
business days. The Reverse Split was approved by the Board of Directors of the
Company and a majority of the Company's shareholders entitled to vote the
shares of common stock pursuant to Delaware General Corporation Law. At April
8, 2013, the Company had 2,825,010,593 shares issued and outstanding.  The
Company is coordinating the implementation of the 1:100 reverse split of the
Company's common stock with FINRA and anticipates approval and implementation
by FINRA in the coming weeks.  The corporate action and symbol change will be
reported on the OTC Daily List a few days prior to implementation of the
Reverse Split for trading purposes.

As a result of the Reverse Stock Split, each outstanding share of MWW common
stock will be automatically changed into one-hundreds of a share of common
stock. The number of authorized shares of MWWC common stock will consist of
Ten Billion Nine Hundred Ten Million (10,910,000,000) shares of which stock
Ten Billion Nine Hundred Million (10,900,000,000) shares of the par value of
$.00001 each shall be common stock and of which Ten Million (10,000,000)
shares of the par value of $.001 each shall be preferred stock. 

Based upon covenants in certain Securities Purchase Agreements and Convertible
Promissory Notes, the Company is required to reserve shares of its common
stock for future issuance.  The significant increase in the amount of
authorized shares was made to accommodate the requirements of the covenants in
certain Securities Purchase Agreements and Convertible Promissory Notes. 

A copy of the Certificate of Amendment to the Certificate of Incorporation of
Marketing Worldwide Corporation is attached to the Company's 8K filing with
the SEC. Continental Stock Transfer & Trust Company is the exchange agent for
the Reverse Stock Split and will distribute a letter of transmittal to record
holders with instructions for the surrender and exchange of old stock
certificates. Stockholders who hold their shares in "street name" will be
contacted by their banks or brokers with any instructions. For more
information on the Reverse Stock Split, please refer to MWW's filings with the
Delaware Secretary of State.

As the Company strives to repay its debt and secure capital to support
expansion and higher revenue in future periods, there might be dilution to
existing stockholders caused by the issuance of common stock for cash and in
exchange for debt.  While management seeks to minimize the dilution to
existing stockholders, multiple factors beyond management's control, such as
general economic conditions, the availability of and terms available for debt
and equity funding, and the trading price of the Company's common stock, have
a significant impact on this effort.  The Company's effort to restructure its
operations and to report positive cash flow and profits is expected to take
6-12 months.  Investors are cautioned that these efforts may not be
successful.

Chuck Pinkerton, CEO for MWW Automotive Group states: "We realize that a
second Reverse Split within a twelve months period is not welcome news by our
current shareholders. After careful consideration by the Company's Board of
Directors, in consultation with our management and consulting teams and
several of our large investors, the Board has agreed to execute a 100/1
reverse split in order to increase the share price and expose the stock to
additional new investors. While we fully understand the concerns about Reverse
Splits in general, the MWW Board strongly believes that the Company's current
business development justifies this crucial step. The step was necessary not
because of the number of currently outstanding shares, but in part based on
the reserves (non issued shares) that had to be established for certain
financial transactions in the past based on the current low share price.

To further improve its operations, the Company is also in communication with
the DTC to remove the stock chill that was imposed last year. In addition, the
Company is also glad to announce that Edgewater Bank announced in open Court
on Monday, April 8, 2013, that it believes it can enter into a work-out plan
with MWWC in order to resolve the issues that have been reported in the last
SEC filings. The Company believes that these steps, combined with its
improving revenues and the potential of new programs it has secured and
already begun production with, will aid in the recovery of the Company and
creating and maintaining the new level of share value to benefit all
shareholders."

The Company will provide a summary situation report, including revenue
expectations for the 2^nd quarter 2013 within the next ten days from this
date. The Company will report its financial performance for the second quarter
of 2013 (ending March 31, 2013) in detail with the next 10Q, to be filed with
the SEC before, or no later than May 15, 2013.

About MWW Automotive Group (MWW)
The MWW Automotive Group's (OTCQB: MWWC) administrative offices are located in
Howell, Michigan, with a 40,000 square foot Class A manufacturing and
logistics facility in Baroda, Michigan for the production of high quality OE
automotive and industrial products. MWW delivers its products and Class A
painting, assembly and logistics services directly to major US and Foreign
automobile manufacturers' Vehicle Processing Centers (VPC), leading edge show
car and performance accessory design firms, and/or assembly lines in North
America. MWW's industrial products are delivered directly to the industrial
manufacturers for installation in their facilities. MWW provides substantial
added value to the sale of vehicles and industrial products for leading
international automobile and industrial manufacturers such as Toyota,
Chevrolet, Hyundai, Kia Motors, MAZDA, GM, Ford, FIVE AXIS and their strategic
partners ROUSH Performance and Polytec/FOHA. For more information visit
www.mwwautomotive.com or e-mail investorrelations@mwwautomotive.com.

Safe Harbor Statement: Certain statements in this press release that are not
historical facts are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Such statements may be
identified by the use words such as "anticipate," "believe," "expect,"
"future," "may," "will," "would," "should," "plan," "projected," "intend," and
similar expressions. Such forward-looking statements, involve known and
unknown risks, uncertainties and other factors that may cause the actual
results, performance or achievements to be materially different from those
expressed or implied by such forward-looking statements. The Company's future
operating results are dependent upon many factors, including but not limited
to the Company's ability to: (i) obtain sufficient capital or a strategic
business arrangement to fund its expansion plans; (ii) build the management
and human resources and infrastructure necessary to support the growth of its
business; (iii) competitive factors and developments beyond the Company's
control; and (iv) other risk factors discussed in the Company's periodic
filings with the Securities and Exchange Commission, which are available for
review at  www.sec.gov under "Search for Company Filings."

SOURCE MWW Automotive Group

Website: http://www.mwwautomotive.com
Contact: Rainer Poertner, Business Development, 310-306-1266 Office Los
Angeles, 310-822-1633 fax, rpoertner@mwwautomotive.com
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