Anyone who’s anyone has been to Netflix, Inc. (Nasdaq:NFLX) and watched something while investors remember how their share price was down around $55 almost 2 years ago. As NFLX stock reached as high as $458 a little more than a month ago, it’s penny stock traders who can appreciate the 1-for-50,000 split which has made eWorld Companies, Inc. (EWRC) sexier than ever. With Henning Morales, CEO of the profitable provider that lets you watch the hottest movies, listen to the trendy music and watch what is happening in media, making sure to create substantial financial gains for investors, catching EWRC stock while the “D” is still attached to it could score you an “A” on your financial report card.
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EWRC Stock Quote
Market Cap: 43.79K
Dollar Volume: $38
14-Day RSI: 34.40%
1st Resistance Point: 0.2133
1st Support Level: 0.1733
52Wk High: 25.00
52Wk Low: 0.16
Henning Morales really struck a cord when his eWorld Companies designed the “Boomerang Media Station” which has the most advanced media distribution technology on the internet. Investors should flock towards EWRC stock when they find out that the BMS acts as “The HBO and the MTV for the internet” which brings viewers the best online, media, music and entertainment.
Looking back at 2013, one could say that eWorld Companies had a bit of down year having reported just $456,038 worth of net revenues for the calendar year compared to $610,661 during calendar year 2012. They still managed to have net income for both years, $57,875 for the year ended December 31, 2013 and $83,277 for the year ended December 31, 2012 which, after the 1-for-50,000 reverse stock split, would equate to net income of $0.264 per share (split adjusted).
eWorld Companies just became current filers on the Pinksheets last month and Morales made it a point to inform the public that management believes the current economic climate is now favorable for the company to secure the last round of funding it needs to complete the implementation of its business model. Additional details regarding the company’s near-term marketing plans are expected to be released in the near future and it’s likely that that will occur as soon as the EWRCD stock drops the “D” and is tradeable as EWRC by everyone.
What’s crazy is that when researching to see what EWRC stock is all about, within the annual financial report eWorld Companies filed they state: “eWorld is positioned to be a billion dollar company in the near future.” As bold of a prediction that that may be, check out what eWorld Companies is all about and why EWRC stock deserves to be on your watch list:
Needless to say, seeing EWRC stock priced at 0.20 is just too tempting to pass by and not have atleast an attempt to do your own research on eWorld. With that kind of reverse split to essentially make for no float since insiders surely hold over 50% of EWRC, it would appear that Morales has his sights on uplisting to something much larger than the OTCBB.
A concern could be to some that, from inception through December 31, 2013, eWorld Companies issued 4,800,000,000 shares of EWRC stock for settlement of debt of $676,049 (0.00014 per share) since that comprises of almost half the newly calculated issued and outstanding (96,000). Even so, how hard would it be for momentum to build up on EWRC stock when the “D” comes off and announcements become more regular?
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About EWRC Stock
eWorld Companies, Inc. is a development stage online marketing and advertising company that develops and markets cutting edge technologies using rich media, flash and 3D graphics and then markets and distributes its proprietary branded products through the wholly-owned subsidiary eWorld Entertainment, Inc. and its international network of Affiliates.
Authorized: was 12,000,000,000 (could be 240,000 after reverse split)
Issued and Outstanding: 218,940
Last 5 Trading Sessions:
If you could have bought NFLX stock in summer of 2012 at around $55 and sold off when it was near it’s $458 peak in March, the investment world would have called you a genius. Seeing the resemblances of NetFlix within eWorld Companies all but forces you to have EWRC (EWRCD right now) on your list of penny stocks to buy today. Even if you could only get a small handful of shares like was traded yesterday, imagine what that could all equate to when EWRC stock achieves the valuation it appears to deserve.