eWorld Companies Announces Acquisition of 21 Moves Gaming Studios, a Los Angeles Based Gaming and Entertainment Company
LOS ANGELES, CA, Jan. 17, 2024 (GLOBE NEWSWIRE) — via NewMediaWire — eWorld Companies, Inc. (OTC: EWRC) announced today that eWorld has acquired 21 Moves Gaming Studios, Inc., a gaming and entertainment company based in Los Angeles, CA. The acquisition was structured as a sale and purchase between the two companies, in which eWorld has received 100% of 21 Movies and its assets and 21 Moves has received a 70% ownership stake in eWorld Companies. Under the terms of the agreement, 21 Moves has become a wholly owned subsidiary of eWorld and will continue to operate as an independent entity with its current management team remaining in place. In conjunction with this acquisition, eWorld has also divested itself of its holdings in Angelini Trading Company and Bitcoin wine.
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