LAS VEGAS, NV 03/28/ 2023 / One World Ventures, Inc., (the “Company”), a holding company that invests in digital, hosting of cryptocurrency miners, blockchain and fintech technologies, today announced that it has entered into an Asset Purchase Agreement (the “APA”) with Smart Prime Group, Ltd. (the “Seller”), a St. Vincent and Grenadines corporation.
Under the terms of the agreement, the Company will issue 827,363,007 shares of restricted common stock to Smart Prime Group in exchange for the Seller’s assets. These assets consist of trading accounts held at Advanced Markets currently valued at US$12 million, which are now under the control of the Company. This strategic acquisition supports One World Ventures’ pursuit of its short- and long-term objectives across the digital finance and cryptocurrency space.
The Company aims to leverage its substantial international experience and emerging technologies to provide creative solutions and new market opportunities, staying at the forefront of innovation within the industry. Damu Lin, CEO of One World Ventures, said,
“The asset purchase agreement with Smart Prime Group will strengthen our ability to continue our investments into innovative solutions, expand our presence in the global market, and ultimately benefit our customers and partners while driving shareholder value.”
The information provided in this press release should be considered incomplete without referencing the APA, Note, and Security Agreement. The Company has filed these documents as Exhibit 10.1 to the Current Report on Form 8-K. These documents should be consulted for a complete understanding of the agreement and its implications. About One World Ventures, Inc. One World Ventures, Inc., (the “Company”), a holding company that invests in digital, hosting of cryptocurrency miners, blockchain and fintech technologies. For more information, please visit www.oneworldventuresinc.com. For media inquiries, please contact: Tel: 702-331-9700 Email: info@oneworldventuresinc.com
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates, and projections about the business of One World Ventures, Inc. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and variations of these words and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors.
