WDAS took off again today and rose another 46.8% and closed @ $1.85 which is the highest close ever.
THIS TRAIN CAN’T BE STOPPED.
The company’s stock rose on the back of the strong PR this morning and a mention on The Howard Stern Show. The company is set to be profiled again tomorrow so we think more gains are around the corner.
We have a target of $3.00 on the first move for WDAS. These guys release strong news on a regular basis and we think more news is to come. Members should do very well here and we think everyone should have a position.
Today’s PR should be re-read.
IT IS MASSIVE. REAL VALUE IS BEING CREATED HERE.
World Assurance Group (PINKSHEETS:
2009-10-20 18:25 ET - News Release
NEW YORK, NY -- (MARKET WIRE) -- 10/20/09
World Assurance Group (PINKSHEETS:
WDAS intends to purchase 15% of the shares outstanding of Sustainable Green Corporation. The current development plans between WDAS and Sustainable Green plan for the building of an initial 5000 homes in Mexico. Each home has a resale value of a minimum of $16,000.00 (500 sq ft) to $60,000.00 (1600 sq ft). Sustainable Green, through its Mexican subsidiary, is currently building a track of homes for a 'Junta' or co-operative of 700 teachers consisting of an initial 120 units. Sustainable Green began building the model homes on September 26th, 2009 and expects completion of the same no later than October 30, 2009. Sustainable Green has also entered an agreement where they are provided finished lots without an upfront cost, at which time Sustainable Green, through its Mexican subsidiary, does the vertical construction. The entire process is administered by a multi-national bank, where the bank bears the recourse, in effect providing title insurance to the transaction.
Jonathan B. Morgan, President of WDAS, stated, "We are looking forward to beginning to build and develop Mexico and other areas with Sustainable Green. We believe that Mexico, Central America and South America are within our reach within 12 to 18 months. The building method and products are world class."
For more information please visit www.anavholdings.com.
About World Assurance Group Inc. (PINKSHEETS:
World Assurance Group, through its wholly owned subsidiary ANAV Holdings Corporation, intends to participate in all areas of real estate transactions, including direct ownership, co-investment with other institutions or developers, as well as indirect participation through the acquisition of distressed debt and/or non-performing loans with the eventual goal of control of the underlying assets.
About Sustainable Green Corporation
Sustainable Green Corporation utilizes a multi-patented composite building system that utilizes Expanded Polystyrene as the core material for all structural members -- walls, roof, and floor. The material is sprayed with a composite coating made of a precise blend of sand, cement, glass fiber and other patented additives that together create a building shell that meets or exceeds all testing protocols and load requirements of the ICC-ES. (ICC-ES is the United States' leader in evaluating building products for compliance with code and is a nonprofit, public-benefit corporation, www.icc-es.org)
Forward-Looking Statements
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended and such Forward-Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company's business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company's products; the Company's ability to protect its proprietary information;
Contact:
Shelley Schonfeld
VP
Phone: (212) 613-6329
Email: info@anavholdings.com
Please remember to do your due diligence on WDAS.For more information on WDAS, please join us @ www.pennystockchaser.com
