One World Holdings, Inc. Issues Update on Reverse Split of Common Shares
HOUSTON, Jan. 6, 2014 (GLOBE NEWSWIRE) -- One World Holdings, Inc.
(OTCQB:OWOO) today announced that the 1-for-750 reverse stock split of its
common shares that was approved by the Company's Board of Directors and by
written consent of stockholders holding a majority of the Company's
outstanding shares of common stock, is still under review by the Financial
Industry Regulatory Authority ("FINRA").
"While the reverse split was expected to become effective on December 31,
2013, the review process with FINRA is still underway. We will update the
markets upon effectiveness of the reverse split as soon as we are advised by
FINRA of its decision," stated Joanne Melton, CEO of One World Holdings, Inc.
About The One World Doll Project
Established in 2010 by Trent T. Daniel and Stacey McBride-Irby, The One World
Doll Project endeavors to make significant positive cultural impact through
the doll category. Its beautiful dolls are unique works of art, created for a
growing market yearning for something unique to experience – a doll that both
embraces contemporary girls of color and symbolizes the women they can become.
The One World Doll Project has created The Prettie Girls!™ dolls, an exciting
line of multi-cultural fashion dolls, years in development, recently launched
in the marketplace. The Prettie Girls! are unique in their look, their
backgrounds and their stories, capturing the essence of values and positive
attributes that every little girl can embrace.Styled for play, yet filled
with soul, The Prettie Girls! set new, higher, values-based standards for
"pretty"- positive goals that reach across the globe and up for the stars!
For young girls, The One World Doll Project creates a doll that is a friend, a
partner in play, and a glimpse of their biggest, brightest dreams. For young
women, it is a symbol of who they are, how much they have achieved, and a
keepsake of the best times of their lives. For connoisseurs, The One World
Doll Project promises stylish works of art that will become a vital part of a
valuable growing collectors' market.In addition to the Prettie Girls! play
line, the Company has just premiered the Cynthia Bailey Prettie Girls
Collector Doll™ depicting the businesswoman, model and reality star, featured
on Bravo Network's Real Housewives of Atlanta.™
More information about One World Holdings, Inc., Stacey McBride-Irby, Trent T.
Daniel and The One World Doll Project can be found at www.oneworlddolls.com.
Mattel®, Barbie®, So in Style® and the Mattel, Barbie and So In Style logos
are trademarks of Mattel Inc., registered in the U.S. and other countries.All
other trademarks are the property of their respective owners.
Notice Regarding Forward-Looking Statements
This release contains certain forward-looking statements relating to the
business of One World Holdings, Inc. that can be identified by the use of
forward-looking terminology such as "believes," "expects," "anticipates,"
"may" or similar expressions. Such forward-looking statements involve known
and unknown risks and uncertainties, including uncertainties relating to
product/services development, long and uncertain sales cycles, the ability to
obtain or maintain patent or other proprietary intellectual property
protection, market acceptance, future capital requirements, competition from
other providers, the ability of our vendors to continue supplying the company
with equipment, parts, supplies and services at comparable terms and prices
and other factors that may cause actual results to be materially different
from those described herein as anticipated, believed, estimated or expected.
Certain of these risks and uncertainties are or will be described in greater
detail in our Form 10-K and Form 10-Q filings with the Securities and Exchange
Commission, which are available at http://www.sec.gov. One World Holdings,
Inc. is under no obligation (and expressly disclaims any such obligation) to
update or alter its forward-looking statements whether as a result of new
information, future events or otherwise.
CONTACT: Sarah Daniel
The One World Doll Project, Inc.
The One World Doll Project
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