One World Ventures, Inc. CEO Stephen Prior Resigns
January 13 2011 - 9:27AM
Marketwired
One World Ventures, Inc. (PINKSHEETS: OWVI) announced Mr. Stephen
Prior, President, Chief Executive Officer and Chairman of the
Board, has resigned his position to pursue other opportunities. Mr.
Prior's resignation is effective December 31, 2010. Mr. Ron Lindsay
has been appointed the company's President and Chief Executive
Officer & Chairman of the Board effective January 1, 2011. Mr.
Lindsay, who has been a director of the company, will lead the
company into the next phase of operation creating new opportunities
and vision.
"I have enjoyed working with the OWVI team to bring the company
to this point," said Stephen Prior. "As was always contemplated the
company is moving away from its beginnings as a manufacturing
company towards a technology driven foreign exchange remittance and
social networking platform with diverse holdings. I have chosen to
step down at this time and transfer my Controlling interest in the
business so the Company can acquire additional assets and move
forward and further enhance value. Ron provides us with a wealth of
knowledge, he is an exceptional executive and I am confident in his
knowledge and leadership, which will propel the Company forward. I
will continue to provide support as a member of the Advisory Board,
a diligent shareholder and a future customer."
"As we enter the New Year we want to wish our shareholders a
Happy New Year and thank them for their support," said the
Company's new CEO, Ron Lindsay. "I could not be more enthusiastic
or optimistic about the Company's prospects from here forward. I
look forward to working diligently on our current projects and
agreements to acquire complementary assets that will expand the
Company's potential. We are looking to aggressively accelerate our
business plan in those areas we have been successful and take
advantage of new directions that have very recently been presented
to us."
The Company would like to announce that it has divested of the
overhead heavy retail side of the Remittance / Foreign exchange
business. As disclosed earlier this will immediately result in an
increase in revenues and the business unit will be cash flow
positive and have an ability to rapidly expand without additional
Capital. Steve Prior will continue to oversee our technology/forex
operation in Hong Kong & China reporting directly to Ron
Lindsay.
The Company also has entered into an agreement to acquire
certain Gold and Silver mining asset rights in Mexico. Not only
does the Company believe these assets will produce amazing returns,
the price of Gold and Silver has substantially increased over the
past year and experts are predicting this trend to continue as the
major currency valuations are questioned. The Company welcomes Dane
Peterson to its executive team. Dane has substantial experience
mining in the contracted for areas and will be the key leader of
our mining interests immediately. Expect more detail of the
valuations of this OWVI addition in future announcements.
We are confident about the opportunities the future holds for
One World Ventures, Inc., and thank all of our shareholders for
their continued support.
About One World Ventures, Inc.: One World Ventures, Inc.
(1worldventures.net) is a holding company with management resourced
in Asia, and the United States that invests in technologies,
communities and systems that facilitate trade, finance,
communication and travel across international boundaries, cultures
and languages.
Safe Harbor Statement: Any statements contained herein related
to future events are forward-looking statements and are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Readers are cautioned not to place
undue reliance on forward-looking statements. One World Ventures,
Inc. undertakes no obligation to update any such statements to
reflect actual events.
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Contact: One World Ventures, Inc. investors@1worldventures.net
Website: www.1worldventures.net
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