Diese Meldung honorierte die Börse mit einem sagenhaften Kursaufschlag von 400 %! Ende der Fahnenstange? Von wegen. Wer den Chart anschaut sieht das der Kurs noch einiges gut zu machen hat! In Amiboards wird schon von einem Staatsauftrag gesprochen. Und mit diesem Auftrag könnte WDAM endlich profitabel werden.
Somit dürften Kurse unterhalb von 0,10 bald der Vergangenheit angehören...
World Am, Inc. (OTC BB: WDAM) today reported that the company has entered into a transaction with Golden Gate Investors, Inc. to make an investment of up to $11,000,000 in the company. As part of the transaction, the San Francisco-headquartered investment banking firm has a warrant to purchase additional shares that may result in additional proceeds of $2,750,000 to World Am.
"World Am will initially receive a total of $500,000: $100,000 in the form of a convertible debenture on closing, and an additional $150,000 -- $50,000 to cover registration filing expenses, and an additional $100,000 payable on filing of the registration statement covering the filing," said President & CEO Robert A. Hovee. "Both these additional amounts represent payments towards the exercise of a warrant under the transaction. Upon the effectiveness of the registration statement, the company will receive an additional $250,000 in the form of a third prepayment toward the exercise of a warrant.
"Thereafter," Mr. Hovee continued, "terms of the transaction call for up to an additional $10,500,000 in equity purchases. These will come in the form of warrant exercises made in equal monthly installments of approximately $500,000, commencing on the effectiveness of the registration statement.
"We are pleased to have negotiated this financing package, and believe that it sets the stage for World Am to fully implement its business plan," the CEO observed. "These investments will help to ensure that we can develop and commercialize World Am's technological expertise -- both our Isotec state-of-the-art security systems and our Senz-It patent protected sensory product applications, once the license option is exercised by Senz-It from the State University of New York at Buffalo."
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those, set forth in the World Am, Inc. Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Contact: World Am, Inc. Investor Relations 951-279-8884
Wer jetzt nicht dabei ist sollte es bald sein. Al Kaida wird bald wieder zuschlagen(hoffe es nicht). Aber wenn dann wird wieder nach Sicherheitssysteme geschriehen werden wie nach dem World Trade Center Anschlag. Nach jenem ging World Am auf unglaubliche 11,5$. Zur Zeit um 0,175 zu haben. Das wären ca 10000%.
In den USA gut +50% und tolles Volumen (jedenfalls für diese Aktie). Wieder Fehlalarm wie vor paar Wochen, als sie an einem Tag 100% machte und dann wieder alles abgab? Vielleicht gibt`s ja diesmal News.