Greenworld Wind Supreme Power Co. Ltd.
Greenworld Wind Power Co.Ltd. : Greenworld Wind Power to Redomicile to British Virgin Islands
Greenworld Wind Power Co.Ltd. / Key word(s): Strategic Company Decision Greenworld Wind Power to Redomicile to British Virgin Islands Toronto, Canada – (For immediate release) – June 22, 2012 Greenworld Wind Power Co. Ltd. (Greenworld Wind): Deutsche Börse symbol: GWDA (www.greenworld wind.ca), announced today that it intends to redomicile the Company to the British Virgin Islands (BVI). This will change the corporate nature of the Company to an International Business Company (IBC), or BVI. The Company will benefit from the fact that an IBC is a private corporation which is exempt from tax, has a flexible organizational structure, and is not burdened by excessive reporting and record-keeping requirements. This will reduce administrative costs in addition to the savings obtained by the exemption from taxes. With more than 600,000 total incorporations and more than 5,000 new companies registered each month, a BVI is widely accepted as the best opportunity currently available to reduce a corporations’ tax burden. The Company will make further announcements at this process progresses. Disclaimer & Safe Harbor Statement: This release may contain certain ‘forward-looking statements’ with respect to certain of Greenworld Wind Power Co. Ltd.’s plans, goals and expectations regarding its future financial condition, performance, results, strategy and objectives. Words such as ‘anticipates’, ‘expects’, ‘intends’, ‘plans’, ‘believes’, ‘seeks’, ‘estimates’, ‘may’, ‘could’, ‘would’, ‘might’, ‘will’ and variations of these words or similar expressions are intended to identify forward-looking statements. In addition, any statements that refer to expectations, beliefs, plans, projections, objections, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements in this press release are not promises or guarantees of future performance and are subject to risks and uncertainties that could cause Greenworld Wind Power Co. Ltd.’s actual results to differ materially from those anticipated. Greenworld Wind Power Co. Ltd. cautions the reader not to place undue reliance upon any such forward-looking statements. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed herein as well as the following: (i) domestic and global economic and business conditions; (ii) market related risks and the performance of financial markets generally; (iii) the policies and actions of regulatory authorities; (iv) the impact of competitive factors; (v) risks and uncertainties associated with future acquisitions or combinations within relevant industries; and (vi) changes in capital, solvency or accounting standards as well as tax and other relevant legislation or regulations in the jurisdictions in which Greenworld Wind Power Co. Ltd. operates. The actual results that Greenworld Wind Power Co. Ltd. achieves may differ materially from any forward-looking statements which are based on management’s beliefs and opinions at the time the statements are made. Greenworld Wind Power Co. Ltd. does not undertake any obligation to update forward-looking statements should circumstances or management’s beliefs or opinions change.
Greenworld Wind Power Co. Ltd. Email: info@ greenworldpower.ca End of Corporate News 22.06.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
175094 22.06.2012 |