-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WtM9LLNcaMVN2L+Y35BoAnX/Xpq0Drg98ZV7mW/ItxdIP9Nuxdmkel55okq+Oack yH7fJF/t3RHfckfE6gEsuA== 0001354488-10-000595.txt : 20100302 0001354488-10-000595.hdr.sgml : 20100302 20100302102326 ACCESSION NUMBER: 0001354488-10-000595 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100302 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100302 DATE AS OF CHANGE: 20100302 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Cornerworld Corp CENTRAL INDEX KEY: 0001338242 STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700] IRS NUMBER: 980441869 STATE OF INCORPORATION: NV FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-128614 FILM NUMBER: 10647674 BUSINESS ADDRESS: STREET 1: 12404 PARK CENTRAL DR. STREET 2: SUITE 400 CITY: DALLAS STATE: TX ZIP: 75251 BUSINESS PHONE: 214-224-1081 MAIL ADDRESS: STREET 1: 12404 PARK CENTRAL DR. STREET 2: SUITE 400 CITY: DALLAS STATE: TX ZIP: 75251 FORMER COMPANY: FORMER CONFORMED NAME: CornerWorld Corp DATE OF NAME CHANGE: 20070530 FORMER COMPANY: FORMER CONFORMED NAME: OLYMPIC WEDDINGS INTERNATIONAL INC DATE OF NAME CHANGE: 20050908 8-K 1 cwrl_8k.htm FORM 8-K cwrl_8k.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
 
Date of Report (Date of earliest event reported): March 2, 2010
 
 
CORNERWORLD CORPORATION
 
 
(Exact name of registrant as specified in its charter)
 
 
 
Nevada
 
333-128614
 
98-0441869
(State or Other Jurisdiction of Incorporation)
 
(Commission File Number)
 
(I.R.S. Employer Identification Number)
 
 
 
12404 Park Central Drive, Suite 400
Dallas, Texas 75251
 
 
(Address of principal executive offices) (zip code)
 
 
 
 
(214) 224-1081
 
 
(Registrant’s telephone number, including area code)
 
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


 
 

 
ITEM 7.01. REGULATION FD DISCLOSURE.
 
On March 2, 2010, CornerWorld Corporation posted its February 2010 CEO newsletter (the “Newsletter”) on its website, www.cornerworld.com. The Newsletter is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
 
The information reported in this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.
 
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
 
(d) Exhibits.
 
Exhibit Number
 
Description
     
99.1
 
CornerWorld Corporation Newsletter, dated March 2, 2010
 
Certain statements contained in the Newsletter may be forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements involve a number of risks and uncertainties and can generally be identified by words such as “believes,” “expects,” “plans,” “intends,” “projects,” “forecasts,” “may,” “will,” “should,” “on track” or “anticipates,” or the negative thereof or comparable terminology, or by discussions of vision, strategy or outlook. Forward-looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations and are not statements of fact, actual results may differ materially from those projected by any forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

 
 

 
 
SIGNATURES
 
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
CornerWorld Corporation
 
       
Dated: March 2, 2010
By:
/s/ V. Chase McCrea III  
    V. Chase McCrea III  
   
Chief Financial Officer
 
       
 
 
 

 
 
 

 
 
EXHIBIT INDEX
 
Exhibit Number
 
Description
     
99.1
 
CornerWorld Corporation Newsletter, dated March 2, 2010
 
 
 
 
 

 
 
 

 

 
 
EX-99.1 2 cwrl_ex991.htm CORNERWORLD CORPORATION NEWSLETTER cwrl_ex991.htm
Exhibit 99.1
 
DALLAS, TEXAS March 2, 2010 — CornerWorld Corporation [OTCBB: CWRL] (“CornerWorld” or the “Company”) CEO Scott Beck issued a letter to shareholders, investors and other interested parties today, providing an update on the Company’s progress. The letter reads as follows:
 
To our Shareholders, Investors and other interested parties:
 
Nearly two months into 2010, CornerWorld and its wholly owned subsidiaries, the Enversa Companies (“Enversa”) and Woodland Holdings (“Woodland”) which includes RANGER Wireless Solutions (“RANGER”) are off to a strong start.  This month I am pleased to highlight the following achievements.

RANGER Re-launches Dial611.com

Every year, millions of Americans dial 611 on their cell phones to find answers to technical questions, pay their bill or inquire about their contract pricing.  Still, millions more have yet to use 611.  RANGER is working to make 2010 the year that 611 becomes synonymous with wireless carrier customer service.

This month, RANGER relaunched Dial611.com, a consumer site dedicated to educating cell phone users about this free service available throughout North America.  The site, which will serve as the web presence for several upcoming marketing campaigns, allows visitors to share their 611 experiences through Twitter and Facebook, read articles from site contributors and help spread the word about the simplicity of dialing 611.

Enversa Maximizes Tightened Marketing Budgets

In this time of corporate frugality, more and more companies are recognizing the value of performance-measured results that enhance their bottom lines.   Enversa is capitalizing on this trend, showing growth in new lead generation, Search Engine Marketing and the mobile advertising business.  This increase in sales has required Enversa to expand headcount as it continues to close deals with new accounts monthly.  Enversa’s pipeline remains robust, and the lead development team continues to expand its reach both with new accounts and by entering into new industry verticals.

Financial Update
 
The Company successfully filed its October 31, 2009 quarterly report on Form 10-Q within the time parameters required by the SEC.  We were ecstatic to report net income for a quarter for the first time in the Company’s history.  In addition, consistent with the centralization of the Company’s general ledger platform, all accounting and human resources positions were relocated from divisional locations to the corporate office in Dallas, effective January 1, 2010.   Though relocation of positions is always a difficult decision, the Company was able to reduce its overall administrative headcount along with the costs associated with redundant personnel.

Finally, the operating divisions performed consistent with expectations, no reporting deadlines slipped and all financial obligations were met.

611 Roaming Service™ Begins 2010 Following a Record 2009
 
RANGER announced that it completed 2009 with a record 14,589,054 calls handled pursuant to our 611 Roaming Service™ patent, a five percent increase over 2008.  2009 was the first year in which call volume exceeded 14 million.  In each of the months of November and December, over one million calls were processed, with 1,070,622 and 1,090,184 calls processed, respectively.  In November and December, call length averaged 4.57 minutes and 4.67 minutes, respectively, both of which were improvements over the same periods in 2008.
 
1

From a geographic perspective, the highest call volumes in November originated from Georgia, Pennsylvania, Texas, New York and Arizona. In December, California replaced Arizona as a top five state.  For both months, the highest volumes of traffic occurred between 4:00 to 5:00 pm EST, with Mondays tracking the highest volumes.  The highest volume days for each month occurred consecutively, with November 30 at 47,307 calls and December 1 at 41,809 calls.

In January, RANGER began 2010 with 977,235 calls, with the average call length lasting 4.88 minutes.  Mondays continued to be the busiest days of the week, with the 4:00 to 5:00 EST block the busiest time.  RANGER had its biggest day of the month early, with Monday January 4, 2010, seeing 42,302 calls.  As in December, Georgia, Pennsylvania, Texas, New York and California showed the highest volumes.

With the hard work from our talented team and the dedicated support of our investors, 2010 has the potential to be another strong year for the Company.  We look forward to sharing more exciting news with you in the months to come.
 
Sincerely,
Scott N. Beck
Chairman of the Board and Chief Executive Officer
 
 
 
About CornerWorld Corporation
 
CornerWorld Corporation is a marketing and technology services company creating opportunities from the increased accessibility of content across mobile, television and internet platforms. A key asset is the patented 611 Roaming Service™ from RANGER Wireless Solutions®, which generates revenue by processing calls from roaming wireless customers and seamlessly transferring them to their service provider. CornerWorld has offices in Dallas, Texas, Holland, Michigan and New York, New York.
 
CornerWorld trades as an Over the Counter Bulletin Board stock under the ticker CWRL. More information regarding CornerWorld is available to investors via the Investor Relations page of the company’s web site at www.cornerworld.com.
 
2

-----END PRIVACY-ENHANCED MESSAGE-----