EWRC - eWorld Companies Announces Acquisition of 21 Moves Gaming Studios a Los Angeles Based Gaming and Entertainment Company | Benzinga
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.
21 Moves is a hybrid multi-media platform gaming company dedicated to creating immersive and innovative gaming experiences that may also run parallel to future film titles and media releases. Current titles in development & production include "Last Seen", "Live" & "Rosmond: Invisible Invasion", all of which are single player horror/suspense video games. The company's overall strategy is to allow in-house game titles the story adaptability for potential film, TV or alternate media format release, with the ultimate goal of becoming a major contributor to the future of passive and interactive entertainment. The company plans to achieve this by extending the boundaries of gaming through a fusion of creativity, ...