One World Universe Inc. Provides Q2 Corporate Update

Rhea-AI Summary

One World Universe Inc. (OTC: OWUV) provided a Q2 corporate update focusing on its investment strategy in distressed assets and technology. The company plans to finalize the opening of its Mexico office soon, delayed by the COVID pandemic. An acquisition is in the works, expected to significantly boost revenue. Their film investment, 'MVP', is in post-production, highlighting veteran issues. Additionally, OWUV aims for an up-listing and full audit to enhance credibility in the investment community by summer.

Positive

• Management is finalizing the opening of an office in Mexico, expanding operational reach.
• The company is in the final stages of acquiring a new asset expected to enhance revenue.
• Investment in the film 'MVP' addresses veteran issues, potentially yielding publicity and goodwill.
• Plans for a form 10 QB up-listing could improve credibility with investors.

Negative

• Opening of the Mexico office has been delayed due to COVID-related documentation challenges.
• The process of acquiring new assets may face unforeseen delays.

HUNTINGTON BEACH, CA, March 30, 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 issued a Q2 corporate update to its shareholders and potential new investors.

Management would like to start off by wishing its shareholders a blessed upcoming 3-day Easter weekend to those that acknowledge this special religious time of year. As we enter the 2nd quarter of 2021, the company has set attainable goals which we aggressively wish to over deliver on our expectations to our dedicated and loyal shareholder base.

Our legal counsel led by recently announced team member, Steve Napoles, has been working diligently to finalize the opening of the office in Mexico. The COVID pandemic has slowed the process as it has been challenging to provide proper documentation needed in Mexico, which normally could have been provided in person. We anticipate announcing the opening of the office this spring.

At One World Universe, we are in the business of targeting distressed assets, acquiring them at deep discount and then utilizing our immense network of business connections, access to proper capital and experienced management team to bring significant value to our investment. Finding additional synergistic businesses to acquire will only increase our revenue generating operation. At the moment, management is in the final stages of acquiring its next asset, which will be completed and announced in early Q2. This asset will open many doors for the company and will be the foundation for much bigger and better things that can be built upon it.

Our first asset was an investment in a Hollywood film featuring Nate Boyer. We spoke with Nate yesterday to get an update on the highly anticipated MVP movie. The motion picture currently entitled “MVP”, which stands for Merging Vets & Players, features cameos from NFL greats and a star-studded celebrity cast. The movie takes a deeper look into the sensitive subject of suicide, a tragedy that happens way too often amongst our military veterans as they transition into society as a civilian. Mr. Boyer, who plays a retired marine shared with us that the film is in post-production and anticipates the movie being submitted to film festivals in the coming months. He also expressed how the holidays and the unfortunate second wave of COVID slowed the process down but assured us that the team is back grinding away. When the timing is right, he will share more details such as release dates, trailers, and celebrity names that acted or assisted in the project.

Last, the company has decided it will proceed with applying for the form 10 QB up-listing and become fully audited. Although not the company’s immediate priority, the up-list is a goal that will give the company additional credibility in the investment community.  Our CFO has goals to complete this tier transition by the summer. 

As we look forward to our future, we hope to reach out and help as many people with our humanitarian efforts as possible. Besides the acquiring of distressed assets, the company’s business model is one that we hope other corporations will eventually practice. Being able to utilize a portion of our profits to fund our humanitarian efforts is the ultimate way businesses can give back to those in need and have a positive effect on one’s local communities or on a global level. 

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 latest update on One World Universe Inc. (OWUV) as of March 2021?

As of March 2021, OWUV issued a Q2 update, discussing plans for a Mexico office, new asset acquisition, and a film investment.

Is One World Universe (OWUV) planning to up-list its stock?

Yes, OWUV plans to apply for a form 10 QB up-listing by summer 2021, aiming for increased credibility.

What challenges is One World Universe (OWUV) facing in opening its Mexico office?

The opening of OWUV's Mexico office has been delayed due to difficulties in obtaining necessary documentation caused by the COVID pandemic.

What does the film 'MVP' represent for OWUV?

The film 'MVP', in which OWUV has invested, addresses veteran issues and is currently in post-production, with plans for film festival submissions.