One World Universe Inc. Weighing Multiple Acquisition Targets

Rhea-AI Summary

One World Universe (OTC: OWUV) has announced its intent to acquire three innovative companies, targeting sectors like sports, NFTs, blockchain, and crypto mining. The company previously allocated $1.5 million to capitalize operations, maintaining its authorized share count at 200 million and with 29 million shares available for financing. Management emphasizes careful selection of targets that align with existing operations to enhance shareholder value. Additionally, they are negotiating with a creative lab for a platform that integrates NFTs into the Metaverse.

Positive

• Planned acquisition of three innovative companies, potentially enhancing market position.
• Focus on sectors with high growth potential, including NFTs and crypto.
• Recent $1.5 million capital infusion strengthens financial position for future projects.

Negative

• Potential dilution risk with 200 million authorized shares and limited financing options.

HUNTINGTON BEACH, CA, Oct. 26, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- One World Universe Inc. (OTC: OWUV), a publicly traded company that invests in sports related businesses, distressed assets, business opportunities within emerging industries and providing humanitarian efforts in over 185 countries, has announced it has currently targeted 3 innovative companies for potential acquisition.

Earlier this summer, management had gifted $1.5 million USD to capitalize the holding company for monthly expenses and potential opportunities. The company, which has no immediate intentions of raising the authorized share count from 200,000,000, also has about 29,000,000 shares to work with along with the remaining original capital to finance the company and add valuable assets via merger/acquisition or business creation.

“We are being very calculated in deciding which companies we feel make the most sense, have the most potential and which will ultimately most benefit the company and its existing shareholders. We are currently looking at a sports related business with a long history of success and priceless relationships which would complement our current business model. The other 2 options are in areas, that any sound business-minded person cannot ignore—NFT’s, the blockchain and crypto mining. With the success of Bitcoin since its inception, hedging ourselves in some shape or form within the new digital economy, could be very beneficial. In many parts of the world where we wish to focus on our humanitarian efforts, many are unbankable within these communities and desperately need an alternative solution to conduct financial transactions.  Last, our mentioning of “One World Metaverse” has sparked negotiations with a respectable NFT creative lab group developing a platform in which individuals can use their NFT’s as avatars within the Metaverse. This will give unique users the ability and freedom to express their individualism and show off their NFT ownership,” stated Jerry C. Craig.

The company hopes to announce additional developments soon, as management has made it an utmost priority to add assets and shareholder value, while properly financing its current projects.

The One World Universe website is currently under construction as they anticipate incorporating their new potential businesses. 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 companies is One World Universe planning to acquire?

One World Universe is targeting three innovative companies in sectors such as sports, NFTs, and crypto mining.

How much capital has One World Universe raised recently?

One World Universe raised $1.5 million to support its operations and potential acquisition opportunities.

What is the significance of One World Universe's focus on NFTs and crypto?

The focus on NFTs and crypto positions One World Universe to benefit from emerging digital economies and financial needs in unbanked communities.

What are the risks associated with One World Universe's acquisition strategy?

Risks include potential dilution of existing shares due to the company's authorized shares and integration challenges.

When can shareholders expect updates on acquisitions from One World Universe?

One World Universe intends to announce additional developments soon, prioritizing asset additions and shareholder value.