One World Universe Inc. Management to GIFT $1.5M to Company

Rhea-AI Summary

One World Universe Inc. (OTC: OWUV) announced a $1.5 million investment from its management team, aimed at accelerating revenue streams and operational paths. CEO Jerry C. Craig noted that this endowment will enhance the company's focus on achieving set milestones and developing additional revenue streams. The investment is structured with no repayment requirements, fostering growth and asset expansion. The company plans to leverage this capital to announce a new asset that will support multiple revenue streams and assist in applying for an OTCQB uplisting.

Positive

• Secured a $1.5 million investment with no repayment terms, facilitating immediate operational growth.
• Investment aimed at creating additional revenue streams and asset expansion.
• Plans for a new asset announcement that will be foundational for future revenue.
• Potential application for OTCQB uplisting, enhancing visibility and marketability.

Negative

• None.

HUNTINGTON BEACH, CA, April 13, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- One World Universe Inc. (OTC: OWUV), a publicly traded company that invests in sporting equipment and technology, distressed assets, business opportunities within emerging industries and providing humanitarian efforts in over 185 countries, has announced the additional investment of $1.5 million USD through gifting from its management team. 

Jerry C. Craig, CEO, stated, “This endowment allows One World Universe the opportunity to move swiftly and assuredly. The infusion of funds will not only help to finalize our current revenue stream and operational paths, but it will also allow us to completely focus on obtaining our planned milestones and further elaborate on what the additional revenue streams of OWUV will be.  The funds, which has no repayment or terms, will create additional revenue streams, growth, and expansion of assets. The OWUV CONCEPT is one that each one of our executive team members shares and is committed to success. With exceptional individuals like Mr. Dana Salzarulo, our Director of IR, Mrs. Caren Currier, our CFO, and Mr. Steven Napoles, our Corp. Counsel, our shareholders can rest assured that we are creating a company that is profitable, ethical, and has the foundation to withstand the winds of change throughout the ages.” 

The company is putting the new capital to work and will soon announce an additional asset that will be the foundation to create multiple revenue streams and allow our CFO to move forward with the FORM 10 and apply for a future OTCQB up listing. 

For additional updates and information, shareholders are asked to follow our social media account on Twitter at www.twitter.com/JCHC_UPWT or visit our website at www.oneworlduniverseinc.com and www.JCHoldingCorp.com

Forward-Looking Statements Disclaimer:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov and in OTC Markets at www.otcmarkets.com

Investor Relations Contact

Dana Salzarulo

Director Investor Relations

Info@jcholdingcorp.com 

1-833-333-5242 Office

FAQ

What is the significance of the $1.5 million investment for One World Universe (OWUV)?

The $1.5 million investment allows One World Universe to accelerate revenue streams, enhance operations, and pursue new growth opportunities.

How will the new investment impact OWUV's plans for the future?

The investment will facilitate the announcement of a new asset and support the company's strategies for achieving multiple revenue streams.

What are One World Universe's plans regarding OTCQB uplisting?

One World Universe plans to use the new investment to assist in applying for an OTCQB uplisting, aiming to improve its market position.

Who is the CEO of One World Universe and what did they say about the investment?

The CEO of One World Universe is Jerry C. Craig, who stated the investment provides an opportunity to move swiftly and focus on achieving planned milestones.