Tuesday, March 31, 2009

eDOORWAYS Corp. (EDWY.OB) Regains OTCBB Status

eDOORWAYS announced today that its application with FINRA (Financial Industry Regulatory Authority) to return to the OTCBB has been accepted. Gary Kimmons, CEO of eDOORWAYS Corporation, commented, “I’ve said it before, moving back to the OTCBB has long been a goal for the company. Today, we are just elated to be back. We could not have asked for a better surprise.”

Kimmons added, “Currently, I think we’re in pretty good shape. Our financial position is strengthening. Shareholder value appears to be continually improving. New investment opportunities are presenting themselves. And most importantly, our brand is just about ready to engage and bring a whole new world to the web. Once the matter of the 10K is resolved, we’ll excitedly look forward to announcing the launch date sometime during the second quarter of 09. I’d say, in my opinion, the company’s outlook is positive.”

Those close to eDOORWAYS believe the move to the Bulletin Boards may assist in achieving long term goals. Returning to the OTCBB market was just one of the goals met by the company this year. Successful debt restructuring, achieving “current” status and the initial 15C-211 filing have served as evidence of the company’s aggressive pursuit as it strives to become the ultimate gateway for businesses and consumers to exchange ideas, services and products in a social networking environment.

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