BOSTON, April 28, 2011 /PRNewswire/ -- Worlds Inc. (OTCBB -WDDD) is extending until May 16th the record date for the spin-off of its online and operational technologies businesses through a dividend distribution to its shareholders. The extension is being made to accommodate FINRA review and comments, as well as final adjustments to the Form 10 to be filed with the SEC.
Following the SEC declaring Worlds' registration statement on Form 10 effective, Worlds Inc. (formerly known as Worlds.com Inc.) expects to make the distribution, to its shareholders of record on the close of business on May 16, 2011.
Worlds Inc. previously announced the spin-off and dividend details in a press release on March 31, 2011 that can be viewed here: http://finance.yahoo.com/news/Worlds-Inc-Announces-Dividend-prnews-3258305327.html?x=0&.v=1
About Worlds Inc.:
Worlds Inc. (f.k.a.Worlds.com) was founded in 1994 and utilizes its patented 3D technology in partnership with brand leaders in specific market segments to offer 3D multi-user environments, known as "virtual worlds," that have interactive Avatars, rich media graphics, text chat, voice-to-voice chat, video and e-commerce. The 3D communities allow visitors to interact with each other, teleport throughout the Worlds environment as well as participate in shared experiences. Besides partnering with existing content providers that have strong brands and an existing following, Worlds also encourages individuals to create their own virtual spaces, communities and unique Avatars with easy-to-use tools. Worlds was, and remains, true "social networking" well before the term became mainstream.
Forward Looking Statements
This release contains certain forward-looking statements and information relating to Worlds Inc. that are based on the beliefs of Worlds' management, as well as assumptions made by and information currently available to the Company. Such statements reflect the current views of the Company with respect to future events including estimates and projections about its business based on certain assumptions of its management, including those described in this Release. These statements are not guarantees of future performance and involve risk and uncertainties that are difficult to predict, including, among other factors, changes in demand for the Company's services and products, changes in the economic environment and changes in technology. Additional risk factors are included in the Company's public filings with the SEC. Should one or more of these underlying assumptions prove incorrect, actual results may vary materially from those described herein as "hoped," "anticipated," "believed," "estimated," "preparing," "expected" or words of a similar nature. The Company does not intend to update these forward-looking statements.