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eDOORWAYS Corporation: eDOORWAYS Corporation Remains Confident About Filing Date


Published on 2009-08-17 05:01:18, Last Modified on 2009-08-17 05:01:28 - Market Wire
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AUSTIN, TX--(Marketwire - August 17, 2009) - eDOORWAYS Corporation (PINKSHEETS: [ EDWY ]) seems to be steaming forward to meet the expected filing date of the 10K. As mentioned in a release on July 15, 2009, eDOORWAYS informed shareholders that Mr. Dan Bensimon had developed a sound basis in which he felt confident to draw a reasonable conclusion as to the completion of the company's filings. To date, Mr. Bensimon remains steadfast regarding the timing of the 10K filing.

As of yesterday, Sunday, August 16th, 2009, Mr. Bensimon turned over a fairly completed 10K document to both the company's SEC counsel and auditor. Again, according to Mr. Bensimon's conservative estimates, with added consideration given towards the auditors having worked alongside the company to complete filings, he expects that barring any unforeseen legal matters or major concerns from the auditor, the review of the 10K document should be complete and ready to file in the next two weeks or so. This timing remains in line with his original time estimate.

Also, at Mr. Bensimon's recommendation, the company is hiring a second accountant whose primary function will be to assist Bensimon and the auditors with finalizing the outstanding 10Q filings and to immediately start work on the 3rd Quarter filing. The idea is to further Mr. Bensimon's initiatives in putting the company's bookkeeping on track and keeping the company timely with future filings.

"The work that Dan Bensimon has conducted here is unquestionably top notch," said Gary Kimmons, Chairman and CEO of eDOORWAYS Corp. "Regardless of how much time it has taken, we are pleased and confident that the company will be in the best possible position to take advantage of the various possibilities that await us upon our launch; and our shareholders will be amongst the greater benefactors."

About eDOORWAYS Corporation

For more information on eDOORWAYS Corporation and/or the "eDOORWAYS" initiative, please e-mail a package request to [ info@eDOORWAYS.com ]. You can also visit our website at [ www.eDOORWAYS.com ], make comments via the corporate blog ([ www.eDOORWAYS.wordpress.com ]), follow us on Twitter ([ http://twitter.com/edoorways ]), or call toll free at (866) 482-3829.

Safe Harbor

Statements in this news release that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company's actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company's customers, competition and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission.

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