ST. PETERSBURG, FL, Aug. 28, 2014 (GLOBE NEWSWIRE) -- FutureWorld Corp. (OTCQB: FWDG), the leading provider of
advanced solutions to the Cannabis industry globally, announces
today that the Company retires three (3) billion shares of its
authorized Common Stock.
The Company will be sending an amendment to the Delaware
Secretary of State to reduce it's authorized to 2 Billion
shares.
The total issued shares are: 451,373,966
Free trading shares: 62,733,939
Restricted shares: 388,640,027
About FutureWorld Corp
FutureWorld (Other OTCQB: FWDG), a Delaware corporation, is a
U.S. Diversified Holding Company, listed on the Over the Counter
exchange, which was formed to capitalize on the burgeoning Cannabis
markets globally. FutureWorld, together with its subsidiaries,
focuses on the identification, acquisition, development, and
commercialization of cannabis related products, such as industrial
Hemp. HempTech, a subsidiary of FutureWorld, is a technology
division catered to the cannabis and the industrial Hemp market.
HempTech provides smart sensor technology, communication network,
surveillance security, data analysis for smart cultivation and
consultation for the industrial hemp and legal medicinal marijuana.
Our wireless agricultural smart sensor networks offer precision to
the agriculture, irrigation systems, and greenhouses for the global
Hemp industry. FutureWorld and its subsidiaries do not grow,
distribute or sell marijuana.
To request further information about FutureWorld, please email
us at investors@futureworldcorp.com,
log onto our website at http://www.futureworldcorp.com
or visit us at our Facebook page https://www.facebook.com/futureworldenergy.
Forward-Looking Statements
This press release may contain forward-looking statements covered
within the meaning of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements relate to, among other
things, plans and timing for the introduction or enhancement of our
services and products, statements about future market conditions,
supply and demand conditions, and other expectations, intentions
and plans contained in this press release that are not historical
fact and involve risks and uncertainties. Our expectations
regarding future revenues depend upon our ability to develop and
supply products and services that we may not produce today and that
meet defined specifications. When used in this press release, the
words "plan," "expect," "believe," and similar expressions
generally identify forward-looking statements. These statements
reflect our current expectations. They are subject to a number of
risks and uncertainties, including, but not limited to, changes in
technology and changes in pervasive markets. This release includes
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 27E of the Securities Act of
1934. Statements contained in this release that are not historical
facts may be deemed to be forward-looking statements. Investors are
cautioned that forward-looking statements are inherently uncertain.
Actual performance and results may differ materially from that
projected or suggested herein due to certain risks and
uncertainties including, without limitation, ability to obtain
financing and regulatory and shareholder approval for anticipated
actions.
CONTACT: Media Contact
FutureWorld Corp.
Http://www.futureworldcorp.com
info@futureworldcorp.com
(727) 474-1816 ext. 103
