Wowio Inc. - WWIO stock

From OTC Wiki

OTC Symbol: WWIO

Wowio, Inc. (OTC: WWIO) is a real estate development company that is based in Newport Beach, California and was founded in 2005.[1]

The price is showing as $.0000 on Yahoo Finance[2], and OTC Markets lists the stock as double black diamond Expert Market.[3]

The company was active on Twitter from October 2018 to March 2019.[4] Their latest tweets indicate that they are reducing authorized capital and completing financial statements. The also state "The future plans for the Company will be made available in the near future", although there is no further information about those plans.

On December 6, 2018 the company announced that it had signed a letter of intent to acquire 55% of Presidential Mountain Resort, LLC which owns a 250 acre resort called “The Brookwood Recreational Resort", in the White Mountains of New Hampshire. The release states that architectural plans are nearly complete and construction is scheduled to start in early 2019. The resort will include high end log cabins and a Hilton Homewood Suites Hotel.[5]

A poster on Investors Hub researched the resort and seller.[6] The post links to a picture of a dilapidated cabin and claims it is the current state of the resort. They also claim to have spoken with the President of Presidential Mountain Resort, LLC.

Salmon Press published a summary of the project on November 21, 2017. There was some controversy regarding the placement of transmission lines. The article also mentions permits and approvals.[7]

On November 30, 2018 the company announced that it intended to acquire a 200 acre resort property as well as focus on building houses in California. The release also states that WOWIO was a "digital media and technology development company with a patented process and a proprietary mobile ad-delivery platform that planned to disrupt the eBook distribution landscape by exploiting a previously untapped marketplace: ad-supported eBooks".[8]

  1. Yahoo! Finance WWIO Profile. Read on 4/22/2023.
  2. Yahoo Finance. WWIO Stock Summary. Read on 4/22/2023.
  3. OTC Markets. WWIO stock Quote. Read on 4/22/2023.
  4. Twitter. WWIO Inc. Read on 4/23/2022.
  5. GlobeNewswire. WOWIO, INC. Signs Letter of Intent to Acquire 55% of Presidential Mountain Resort, LLC. December 6, 2018.
  6. Investors Hub. WWIO Stock Message Board. Read on 4/26/2022.
  7. Salmon Press. $20 million hotel planned in Bethlehem. November 21, 2017.
  8. Globe Newswire. WOWIO, INC. Prepares for Major Acquisition. November 30, 2018.

The page is authored by: Wisdom Tree