Early Return to OTCBB May Have Been a Contributing Factor in eDOORWAYS Late Filing, but Recent Events Continue to
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AUSTIN, TX, Apr 20 (MARKET WIRE) --
eDOORWAYS (OTCBB: EDWY) shareholders are more likely to be surprised by
the release issued by the Financial News USA, "Consumer 3.0", on April
15th, 2009 rather than the "E" the company begrudgingly added to its
symbol today. "We warned shareholders of the possibility of our being
late on the current filings shortly after renewing the company's OTCBB
status," says Gary Kimmons, Chairman and CEO of eDOORWAYS Corporation.
"But what we didn't expect was for this article to so eloquently capture
the essence of our service offering."
Those close to the company contend that the delay on the filings is an
ironic twist of fate as the acceptance of the OTCBB application came at an
inopportune time and much earlier than anticipated. As described in an
earlier company announcement, the good news posed a logistical caveat,
causing what was originally a "get it done when it gets done" scenario, to
"hurry it up" as eDOORWAYS was suddenly subjected to the OTCBB time
requirements. Nonetheless, Kimmons asserts that the company's service
professionals are working around the clock to complete the audit. "It
might take a little longer than what the market may like, but I can assure
shareholders that eDOORWAYS is doing well, is operating along the intended
time lines and will certainly have the audit completed in short order with
some very good news to follow." It seems likely that Kimmons' assertions
may be considered creditable as so far this year the company has hit a
number of its benchmarks. By all accounts, eDOORWAYS' future looks
promising. Just take a look at the "Consumer 3.0" release.
According to the article, there is an imminent shift in the
consumer-vendor relationship due to the technological advancements made
in the web's online models. It suggests that whoever possesses the
foresight to exploit this change holds the key to the Web's future. Now
look at the eDOORWAYS offering. The platform is innovatively
incorporating emerging Web 3.0 software technologies. Through Web 3.0,
eDOORWAYS could possibly possess a global reach and commerce potential
currently unknown to the Internet, offering today's "net-generation" a
highly collaborative living and work space that fosters new levels of
achievement and creativity. Not only will this offering give individuals
and small businesses a way to achieve new levels of performance and life
experience -- it will be versatile and will allow easy adaptability to a
constantly evolving world.
An example of this can be taken from President Obama's address on Tuesday,
April 14th, 2009. The President spoke of the government's plans for
pulling America out of the current financial crisis. However, noticeably
absent was any mention of federal assistance to America's small
businesses. This is noteworthy for several important reasons. The primary
one according to Kimmons is that small businesses constitute over 90
percent of America's enterprise. It has been America's small businesses
that have led the way to recovery in previous recessions through their
innovation and tenacity. Unless the government makes adjustments to
include the interests of this group, small business may have to fend for
itself in this economic recovery.
eDOORWAYS to the rescue?
This is yet to be determined, but through the use of the eDOORWAYS
platform service offerings and technology, the company intends to play
its part in providing small businesses with an environment to build,
rebuild and thrive. The upcoming launch of the company's first service
offering, "SOLVE", will include several key features that could make
going into business enjoyable once again for the small business
entrepreneur.
If this is just one of the many positive contributions eDOORWAYS can make
to its users, then the "Consumer 3.0" release is accurate in sighting
eDOORWAYS as the Internet's new worldwide innovator.
About eDOORWAYS Corporation
For more information on eDOORWAYS Corporation and/or the "eDOORWAYS"
initiative, please e-mail a package request to info@edoorways.com. You can
also visit our website at www.edoorways.com, make comments via the
corporate blog (www.edoorways.wordpress.com) or call toll free at (866)
482-3829.
Safe Harbor
Statements in this news release that are not historical facts, including
statements about plans and expectations regarding products and
opportunities, demand and acceptance of new or existing products, capital
resources and future financial results are forward-looking.
Forward-looking statements involve risks and uncertainties which may
cause the Company's actual results in future periods to differ materially
from those expressed. These uncertainties and risks include changing
consumer preferences, lack of success of new products, loss of the
Company's customers, competition and other factors discussed from time to
time in the Company's filings with the Securities and Exchange Commission.
For further information, contact:
At The Company:
eDOORWAYS Corporation
Investor Relations
(866) 482-3829
Email Contact
Copyright 2009, Market Wire, All rights reserved.
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