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Wewards Inc
We were incorporated in Nevada on September 10, 2013. Our limited business until
May 11, 2015, when control of our Company changed, was attempting to make candles.
Because previous management was unable to raise sufficient capital to enable our
Company to develop its intended operations, on that date, Mr. Giorgos Kallides,
our previous majority shareholder and sole officer and director, sold his 6,000,000
shares to Future Continental Limited, and resigned all of his positions with our
Company. Mr. Pei Lei became our new CEO and Chief Financial Officer, and, as part
of the change of control, our previously limited operation was acquired by Mr.
Kallides, the former principal, for $1.
New management has yet to cause our Company to acquire any assets or a business;
therefore, we are deemed to be a “shell” company, as that term is
defined pursuant to Rule 12b-2 under the Securities Exchange Act of 1934. New
management is now exploring opportunities in internet service, software development,
and smartphone apps industries, in China. New management is engaged in discussions
with various unaffiliated third parties regarding possible acquisitions in those
sectors for our Company, with the purpose of enhancing shareholder value.
Company Address: 3305 Spring Mountain Rd Ste 104 Las Vegas 89102 NV
Company Phone Number: 944-5599 Stock Exchange / Ticker: EGDS
EGDS is expected to report next financial results on April 13, 2024. |
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Wewards Inc
As the second quarter of 2024 comes to a close, industry experts in the Internet Services & Social Media sector are eagerly analyzing the financial results of various companies. One particular standout is Wewards Inc, which has demonstrated exceptional growth and productivity throughout the quarter. Despite a lack of specified revenue, the company has showcased impressive operating performance, marking a significant improvement from the same period a year ago. This article explores the impact of Wewards Inc's second quarter results, suggesting a bullish outlook for the company's future. Rise in Operating Performance Wewards Inc has made substantial strides in its operating performance over the past year, as evidenced by the current shortfall of $-0.043632 million during the September to November 30, 2023 quarter. This figure indicates a noteworthy improvement from the same period in the previous year. The company's commitment to research and development has played a vital role in maintaining its competitive edge within the industry. A Major Verdict on Second Quarter Earnings The second quarter of 2024 has brought about a significant verdict for Wewards Inc. Notably, the company has successfully managed to trim diminishing returns, which had plagued its bottom-line a year ago. This breakthrough accomplishment sheds light on the exceptional strategies implemented by the management team to enhance operational efficiency and cost-effectiveness. Deficit Reduction Shows Promise Comparing the financials of the current quarter with that of the second quarter of 2023, it is evident that Wewards Inc has made substantial progress in reducing its deficit. The deficit for the second quarter of 2024 stands at $-0.170 million, indicating a substantial decrease from the $-0.185 million deficit reported in the same period a year ago. This trend suggests that the company's focused efforts are yielding positive results, setting the stage for future profitability and growth.
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Wewards Inc
As the reporting cycle for June to August 31, 2023, resumes, numerous companies have disclosed their financial results. Within the Internet Services & Social Media industry, EGDS stands out with its recently announced operating deficit of $-0.074552 million for the three months. This article aims to interpret these results and discuss their potential impact on the company going forward. Challenges and Expectations: EGDS, like many other companies in the industry, is facing challenges and pressure from stakeholders for further improvements in its business model. Shareholders are not satisfied with the current rate of productivity improvement and are eagerly awaiting additional developments to enhance the company's performance in the Internet Services & Social Media sector.
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Wewards Inc
As the fourth quarter of 2023 earnings season approaches, the Internet Services & Social Media industry is closely monitoring Wewards Inc's financial results. Although the company has yet to disclose its top-line figures for the reporting period between March to May 31, 2023, it is still possible to gain insights by studying its performance in previous quarters. During the fourth quarter of 2022, Wewards Inc reported an operating shortfall of $-0.056561 million. However, despite the lack of a formal top-line figure for the current financial reporting period, the company managed to narrow the deficit to $-0.057113 million in the fourth quarter of 2023.
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