13:24:53 EDT Fri 03 May 2024
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World Organics Inc
Symbol WOI
Shares Issued 20,441,665
Recent Sedar Documents

World Organics appoints three to advisory board

2014-09-30 17:34 ET - News Release

Organics Inc. Subject: World Organics - News Release - Immediate Dissemination Attention: Duty Editor Good afternoon! Attached for immediate dissemination is a news release regarding World Organics' thirty-fifth default status report per NP 12-203 and announces three new appointments to the Company's Gold and Green Advisory Group. The attached document is in Word 2003 format and, just in case, a copy of the text has been cut and pasted below. Should you have any questions, please do not hesitate to contact the writer directly at (604) 551-1086. Thank you. Regards, B. Godby On behalf of World Organics Inc. E&OE ---Text of News Release below dotted line-------------------- WORLD ORGANICS PROVIDES ITS THIRTY-FIFTH DEFAULT STATUS REPORT AND ANNOUNCES THREE NEW APPOINTMENTS TO ITS "GREEN AND GOLD ADVISORY GROUP" THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Date: September 30, 2014 Trading Symbol: WOI.H World Organics Inc. (the "Company" or "World Organics") (TSX Venture Exchange: WOI.H) provides its thirty-fifth Default Status Report under National Policy 12-203 � Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203"). On April 16, 2013, the Company announced that it would not be able to file its audited annual financial statements, the annual management's discussion & analysis and the related CEO and CFO certifications for the fiscal year ended December 31, 2012 (the "2012 Annual Filings") within the prescribed filing deadline of April 30, 2013. Subsequent to that date, the Company announced on May 15, 2013, August 21, 2013 and November 14, 2013 that the filing of the interim financial statements, the interim management's discussion and analysis and the related CEO and CFO certifications of filings for the three months ended March 31, 2013 (the "Interim Filings"), June 30, 2013 (the "Q2 Filings") and September 30, 2013 (the "Q3 Filings") would be delayed beyond the prescribed filing deadlines of May 30, 2013, August 29, 2013, and November 29, 2013 respectively. Furthermore, the Company announced on April 16, 2014 that it would not be not be filing its audited annual financial statements, the annual management's discussion & analysis and the related CEO and CFO certifications for the fiscal year ended December 31, 2013 (the "2013 Annual Filings") within the prescribed filing deadline of April 30, 2014; and on June 3, 2014, the Company regrettably announced that it was unable to file the interim financial statements, the interim management's discussion and analysis and the related CEO and CFO certifications of filings for the three months ended March 31, 2014 within the prescribed filing deadline of May 30, 2014 and then on August 19, 2014, the Company announced that it was unable to file the interim financial statements, the interim management's discussion and analysis and the related CEO and CFO certifications of filings for the three months ended June 30, 2014 within the prescribed filing deadline of August 29, 2014 (collectively, the "Required Filings"). In accordance with NP 12-203, the Company applied for a management cease trade order (the "MCTO") and on May 1, 2013, the British Columbia Securities Commission (the "BCSC") issued a MCTO against the Chief Executive Officer and the Chief Financial Officer of the Company. Then on July 3, 2013, due to the prolonged delay in filing of the 2012 Annual Filings followed by the filing delay of the Interim Filings, the BCSC issued a Cease Trade Order (the "BC Order") in respect of all of the Company's shares. Only a beneficial shareholder of the Company (who is not, and was not, at the date of the cease trade order of July 3, 2013, an insider or control person of the Company) may sell securities of the Company acquired before the date of the BC Order if: 1) the sale is made through a market outside Canada, and, 2) the sale is made through an investment dealer registered in British Columbia. As previously announced, the Alberta Securities Commission (the "ASC") issued a cease trade order (the "AB Order") against the Company on October 8, 2013 for its failure to file the 2012 Annual Filings, the Interim Filings and the Q2 Filings. Under section 33.1 of the Securities Act (Alberta), the Company is ordered to cease trading or purchasing in respect of any security until the AB Order has been revoked or varied. As previously announced, the TSX Venture Exchange (the "Exchange") suspended the shares of World Organics from trading effective at the opening on July 4, 2013. The Company's shares will be reinstated for trading only after the BC Order and AB Order are revoked and a reinstatement application has been submitted and approved by the Exchange. After its reinstatement review, if the Exchange is satisfied that the Company has complied with all its listing requirements and if it is in the interest of the investing public, the shares will be reinstated to trading. As previously announced, the Company has turned to alternative methods of raising funds including mostly loans from related parties, shareholders and other interested parties (see World Organics' News Releases of August 7, 2013, August 21, 2013, September 4, 2013, September 19, 2013, October 3, 2013, October 16, 2013, October 30, 2013, November 14, 2013, November 28, 2013, December 11, 2013, December 30, 2013, January 9, 2014, January 23, 2014, February 6, 2014, February 20, 2014, March 6, 2014, March 26, 2014, April 16, 2014, May 1, 2014, June 3, 2014, June 17, 2014, July 7, 2014, July 21, 2014, August 5, 2014, August 19, 2014, September 2, 2014 and September 15, 2014). As reported then and now, the Company continues to work with a few select groups and will continue to do so until receipt of the necessary funds to employ the auditors and complete the 2012 Annual Filings as well as the 2013 Annual Filings. After which, the Company anticipates it will be in a better position to provide a definitive date for when it may be able to file the Required Filings. There are a number of reasons the Company has been unable to prepare and file its 2012 and 2013 Annual Filings and until these filings and all the Required Filings are filed, the Company intends to satisfy the provisions of the Alternative Information Guidelines specified by NP 12-203 by issuing bi-weekly default status reports in the form of news releases, which will also be filed on SEDAR. The Company intends to file its next default status report on or around October 13, 2014. Three New Appointments to World Organics� Gold and Green Advisory Group World Organics is pleased to announce three new appointments to its advisory group, the "Green and Gold Advisory Group". The new appointees are Mr. Don Grenough of Hollywood, California, Mr. Kevin Hodge of Olympia, Washington and Ms. S. Rowan Wilson of Seattle, Washington. All these three individuals bring a myriad of experience to World Organics� Gold and Green Advisory Group both professionally and personally. Don Grenough � Producer, Promoter and Social Networker A true showman in every aspect of the word, Mr. Grenough is internationally respected for a distinguished career in marketing, promotional and production activities throughout the business and entertainment industries. Over the past 30+ years, Don has successfully produced over 1,000 concerts with such top name entertainers as Bruce Springsteen, Elton John, Prince, Tom Jones, Sting, Julio Iglesias, The Jacksons, Mariah Carey, and many others. Professionally, Mr. Grenough has produced and orchestrated special events for such luminaries as President Bill Clinton, Craig MacCaw (MacCaw Cellular), Hugh Hefner (Playboy Enterprises), Mohammed Ali and the past Governor of California, Mr. Gray Davis. As a co-founder of Herbalife International in 1980, Mr. Grenough was pioneer at the forefront of the trend towards natural health products. During his tenure at Herbalife, Don played a key role in co-managing the revolutionary way in which Herbalife became a worldwide multi-billion dollar marketing giant. Over the years, Mr. Grenough has held numerous executive positions including positions of President and Senior Vice-President in many national and international corporations. Moreover, Mr. Grenough�s immense talent has allowed him the opportunity to partner with high profile business icons including Mark Hughes (Herbalife), Anthony Robbins (Professional Speaker, Author), Bernie Cornfeld (Investors Overseas Services), Roger Vadim (Director, Actor) and Donald Sterling (Owner, Los Angeles Clippers). Equally impressive as a motivational speaker, Don is heavily involved in non-profit organizations such as The Michael Jackson Foundation and PBS, the Public Broadcasting System in partnership with Dr. Gary Null. Don Jr. has had a long relationship with the Company as he has served twice as a Director of World Organics during the periods of January 2003 to September 2004 and from December 2009 to August 2011. More recently, Mr. Grenough has been appointed Senior Vice-President of Global Skyport Media which is a multi-media, multi-faceted, full-service media group with interests in television production, distribution, television management, satellite uplink and master control services, digital and mobile phone technology, radio programming and music production. A most welcome addition to the advisory Group, Mr. Grenough brings to the Company his years of unique experience and expertise in the fields of business and entertainment as well as his well-established, long standing Hollywood relationships. Kevin Hodge - Founder, Environmentalist and Composite Designer & Manufacturer As founder of Hemp Adobe Homes, Mr. Kevin Hodge has 30 years� experience in the composite design and manufacturing industry. Mr. Hodge is responsible for design, tool & mould manufacture, and logistics for Mobile Gardens, which teaches people of all walks of life about sustainable agriculture in small spaces; as well as, Grow Smart Greenhouses - "4 Season" greenhouses made from an earth friendly aviation technology; Live Smart yurts - circular, semi-permanent tent-like structures that are simple, smart and sustainable made from collapsible bent wood; and new concepts in power generation and growing mediums. In 1982, Mr. Hodge enlisted in the US Marine Corp where he served with the Harrier tactical aviation group until honourably discharged in 1986. After his tour of duty and over the next few years, Kevin honed his skills in all facets of the plastics and coatings industries. Throughout this time, he remained true to his passion for aircraft and worked under contract for various composite aviation companies including Express Aircraft and Sport International (now Sport Copter, Inc.). Since 1991, Mr. Hodge has had the wherewithal to found five companies, three of which have been composite manufacturing and design firms. From a desire to make a difference, Kevin joined a group of pioneers in the sustainability movement to form an alternative energy group in August 2007. Moving forward, and to keep informed on current issues regarding sustainability, developing environmental applications and future technologies, Kevin stays actively involved in national and worldwide organizations that understand and fully support green and sustainable ways for life and business. Today, Kevin enjoys the collaboration in the creation and implementation of new design concepts for sustainable communities using Hemp Adobe Homes � his company - as the vehicle. Houses built from industrial hemp have been found to use less energy, create less waste and take less fuel to heat than conventionally constructed homes. Developed from his years of experience, Hemp Adobe Homes are made from industrial hemp using unique and proprietary methods. As the Company continues its due diligence of the Medical Marijuana and Hemp industries, the addition of Mr. Hodge to its Green and Gold Advisory Group adds to the work experience or exposure of other advisory group members within these fields. S. Rowan Wilson, MBA -- Mensan, Activist, and Generation X-er "So how does a nice, conservative Jewish woman like you get involved in pot?!" is the usual question. It's a fair question. She grew-up a kid of the 80's 'just saying no' until her weight spiraled with continual pain and another job layoff. Ms. S. Rowan Wilson exemplifies the challenges and changes faced by Generation-X. Two-income families, rising divorce rates and a shift from a manufacturing economy to a service economy, Gen X'ers have had to be more flexible, committed to more than one 'life' employer and more willing to change jobs to get ahead than previous generations. They are independent, resourceful and self-sufficient. Rowan is a typical Gen-X'er. Her background includes an undergraduate degree in Music from the University of Texas at Austin ("UT Austin"), a voice performance certificate from the Austrian American Mozart Academy in Salzburg and an MBA started at Notre Dame University's sister school, St. Edward's University which was completed Suma Cum Laude in 2011 at Colorado's Jones International University. At the early age of 4, her mother put her on stage. By age 18 she was apprenticed to an Opera company. 'Sarah' sang throughout the Germanic countries; the South and the Midwestern United States. She later taught voice at UT Austin before pursuing her other passions leading into the late 1990's tech boom. It was in Europe when she first discovered the benefits of natural medicine eventually leading the 'nice, conservative, now-divorced, Jewish woman' to Cannabis. During this time and while still in her 20's, Ms. Wilson worked as a Project Manager to Product Manager for such companies as Motorola, I2 Technologies now JDA and Garage.com. After the Dot.com bust, Rowan enrolled in law school in England prior to her return to business. Before the 2008 banking crash, she spent several years working in commercial real estate lending; financing $500K-$55M commercial properties from retail strip malls to apartments, storage units and office buildings. Other interests include an involvement in politics and activism. Her childhood included working on political campaigns with her father, a noted small-town attorney. She hikes, blogs, cooks; is a hobbyist gardener and an avid cannabis baker. She was introduced to cannabis in her mid-30s as a method back to her European singing days where she discovered the benefits of natural medicine. In fact, while working on pre-med coursework in Nevada, Rowan took preliminary steps to open her own Cannabis-baked goods shop a mile and a half from a legendary brothel. Shortly thereafter, she abandoned a further Ph.D. and the pursuit of a Doctor of Osteopathy. She then again returned to business in the field of medical sales for device and service companies. Today, Rowan continues to teach and speak from time to time on topics including the basic science of Cannabis. Ms. Wilson has worked in the field of insurance for substantial companies such as Banker's Life & Casualty Company, Dignity Memorial and State Farm Insurance. Up until quite recently, Ms. Wilson held a day job in finance utilizing her MBA in Finance. She has now left it to spend full time on the growth, development and expansion of the Medical Marijuana and Industrial Hemp industries. In furtherance of her new career path, Ms. Wilson has started a website, Mary Jane's World, from which she offers a comprehensive menu of research products and services. Mr. Don Grenough, Mr. Kevin Hodge and Ms. S. Rowan Wilson join Mr. Guy Dumas of Sault Ste. Marie, Ontario, Mr. Justin MacArthur Rand of Boston, Massachusetts (see World Organics' News Release of June 17, 2014) and Dr. Lila York of Seattle, Washington (see World Organics� News Release of September 15, 2014) on World Organics' "Green and Gold Advisory Group". The combined experience of all members of the advisory group will greatly assist the Company in moving forward on its tentative plans particularly within the Medical Marijuana and Industrial Hemp industries. The Company reports that, except as described herein and since the issuance of the original default announcement on April 16, 2013 and the subsequent thirty-four default status reports of May 1, 2013, May 15, 2013, May 29, 2013, June 12, 2013, June 26, 2013, July 10, 2013, July 24, 2013, August 7, 2013, August 21, 2013, September 4, 2013, September 19, 2013, October 3, 2013, October 16, 2013, October 30, 2013, November 14, 2013, November 28, 2013, December 11, 2013, December 30, 2013, January 9, 2014, January 23, 2014, February 6, 2014, February 20, 2014, March 6, 2014, March 26, 2014, April 16, 2014, May 1, 2014, June 3, 2014, June 17, 2014, July 7, 2014, July 21, 2014, August 5, 2014, August 19, 2014, September 2, 2014 and September 15, 2014 (collectively, the "Default Status Reports"), there have not been any additional material changes to the information contained therein. Further, the Company has not failed to fulfill its intentions as stated therein with respect to satisfying the provisions of the Alternative Information Guidelines specified by NP 12-203; and, except as disclosed in this news release, there are no additional defaults or anticipated defaults in respect of the Company and its affairs that have not been generally disclosed (see World Organics' News Releases of June 19, 2013, July 16, 2013, April 1, 2014, June 3, 2014 June 17, 2014 and September 15, 2014). About World Organics Inc. World Organics is an inactive company focused on the identification of potential revenue generating business opportunities. The Company is listed on the NEX board of the TSX Venture Exchange under the symbol WOI.H. Additional information about World Organics is available under the Company�s SEDAR profile at www.sedar.com. ON BEHALF OF THE BOARD "Nicholas D'Alessandro" Nicholas D'Alessandro President and Director WORLD ORGANICS INC. E&OE Forward-Looking Statements: This news release contains forward-looking statements concerning World Organics Inc. including the filing of its Annual Financial Filings. These statements include all matters that are expectations concerning, among other things, the Company�s ability to meet its continuous disclosure obligations and the likelihood of the Company to rectify its default under Canadian Securities laws and/or reactivate to trade on the TSX Venture Exchange. Forward-looking statements are based on assumptions and involve substantial known and unknown risks and uncertainties, which are beyond the Company�s control and not limited to the impact of general economic conditions. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such forward looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements contained in this news release Should new information, future events or otherwise become available, which might be deemed material, updates will be provided by the Company via the newswire services and filing on SEDAR. Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. File: WOI_NR_35th _DSR_Sep 30 2014e-sig.doc WORLD ORGANICS PROVIDES ITS THIRTY-FIFTH DEFAULT STATUS REPORT AND ANNOUNCES THREE NEW APPOINTMENTS TO ITS "GREEN AND GOLD ADVISORY GROUP" THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Date: September 30, 2014 Trading Symbol: WOI.H World Organics Inc. (the "Company" or "World Organics") (TSX Venture Exchange: WOI.H) provides its thirty-fifth Default Status Report under National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203"). On April 16, 2013, the Company announced that it would not be able to file its audited annual financial statements, the annual management's discussion & analysis and the related CEO and CFO certifications for the fiscal year ended December 31, 2012 (the "2012 Annual Filings") within the prescribed filing deadline of April 30, 2013. Subsequent to that date, the Company announced on May 15, 2013, August 21, 2013 and November 14, 2013 that the filing of the interim financial statements, the interim management's discussion and analysis and the related CEO and CFO certifications of filings for the three months ended March 31, 2013 (the "Interim Filings"), June 30, 2013 (the "Q2 Filings") and September 30, 2013 (the "Q3 Filings") would be delayed beyond the prescribed filing deadlines of May 30, 2013, August 29, 2013, and November 29, 2013 respectively. Furthermore, the Company announced on April 16, 2014 that it would not be not be filing its audited annual financial statements, the annual management's discussion & analysis and the related CEO and CFO certifications for the fiscal year ended December 31, 2013 (the "2013 Annual Filings") within the prescribed filing deadline of April 30, 2014; and on June 3, 2014, the Company regrettably announced that it was unable to file the interim financial statements, the interim management's discussion and analysis and the related CEO and CFO certifications of filings for the three months ended March 31, 2014 within the prescribed filing deadline of May 30, 2014 and then on August 19, 2014, the Company announced that it was unable to file the interim financial statements, the interim management's discussion and analysis and the related CEO and CFO certifications of filings for the three months ended June 30, 2014 within the prescribed filing deadline of August 29, 2014 (collectively, the "Required Filings"). In accordance with NP 12-203, the Company applied for a management cease trade order (the "MCTO") and on May 1, 2013, the British Columbia Securities Commission (the "BCSC") issued a MCTO against the Chief Executive Officer and the Chief Financial Officer of the Company. Then on July 3, 2013, due to the prolonged delay in filing of the 2012 Annual Filings followed by the filing delay of the Interim Filings, the BCSC issued a Cease Trade Order (the "BC Order") in respect of all of the Company's shares. Only a beneficial shareholder of the Company (who is not, and was not, at the date of the cease trade order of July 3, 2013, an insider or control person of the Company) may sell securities of the Company acquired before the date of the BC Order if: 1) the sale is made through a market outside Canada, and, 2) the sale is made through an investment dealer registered in British Columbia. As previously announced, the Alberta Securities Commission (the "ASC") issued a cease trade order (the "AB Order") against the Company on October 8, 2013 for its failure to file the 2012 Annual Filings, the Interim Filings and the Q2 Filings. Under section 33.1 of the Securities Act (Alberta), the Company is ordered to cease trading or purchasing in respect of any security until the AB Order has been revoked or varied. As previously announced, the TSX Venture Exchange (the "Exchange") suspended the shares of World Organics from trading effective at the opening on July 4, 2013. The Company's shares will be reinstated for trading only after the BC Order and AB Order are revoked and a reinstatement application has been submitted and approved by the Exchange. After its reinstatement review, if the Exchange is satisfied that the Company has complied with all its listing requirements and if it is in the interest of the investing public, the shares will be reinstated to trading. As previously announced, the Company has turned to alternative methods of raising funds including mostly loans from related parties, shareholders and other interested parties (see World Organics' News Releases of August 7, 2013, August 21, 2013, September 4, 2013, September 19, 2013, October 3, 2013, October 16, 2013, October 30, 2013, November 14, 2013, November 28, 2013, December 11, 2013, December 30, 2013, January 9, 2014, January 23, 2014, February 6, 2014, February 20, 2014, March 6, 2014, March 26, 2014, April 16, 2014, May 1, 2014, June 3, 2014, June 17, 2014, July 7, 2014, July 21, 2014, August 5, 2014, August 19, 2014, September 2, 2014 and September 15, 2014). As reported then and now, the Company continues to work with a few select groups and will continue to do so until receipt of the necessary funds to employ the auditors and complete the 2012 Annual Filings as well as the 2013 Annual Filings. After which, the Company anticipates it will be in a better position to provide a definitive date for when it may be able to file the Required Filings. There are a number of reasons the Company has been unable to prepare and file its 2012 and 2013 Annual Filings and until these filings and all the Required Filings are filed, the Company intends to satisfy the provisions of the Alternative Information Guidelines specified by NP 12-203 by issuing bi-weekly default status reports in the form of news releases, which will also be filed on SEDAR. The Company intends to file its next default status report on or around October 13, 2014. Three New Appointments to World Organics' Gold and Green Advisory Group World Organics is pleased to announce three new appointments to its advisory group, the "Green and Gold Advisory Group". The new appointees are Mr. Don Grenough of Hollywood, California, Mr. Kevin Hodge of Olympia, Washington and Ms. S. Rowan Wilson of Seattle, Washington. All these three individuals bring a myriad of experience to World Organics' Gold and Green Advisory Group both professionally and personally. Don Grenough - Producer, Promoter and Social Networker A true showman in every aspect of the word, Mr. Grenough is internationally respected for a distinguished career in marketing, promotional and production activities throughout the business and entertainment industries. Over the past 30+ years, Don has successfully produced over 1,000 concerts with such top name entertainers as Bruce Springsteen, Elton John, Prince, Tom Jones, Sting, Julio Iglesias, The Jacksons, Mariah Carey, and many others. Professionally, Mr. Grenough has produced and orchestrated special events for such luminaries as President Bill Clinton, Craig MacCaw (MacCaw Cellular), Hugh Hefner (Playboy Enterprises), Mohammed Ali and the past Governor of California, Mr. Gray Davis. As a co-founder of Herbalife International in 1980, Mr. Grenough was pioneer at the forefront of the trend towards natural health products. During his tenure at Herbalife, Don played a key role in co-managing the revolutionary way in which Herbalife became a worldwide multi-billion dollar marketing giant. Over the years, Mr. Grenough has held numerous executive positions including positions of President and Senior Vice-President in many national and international corporations. Moreover, Mr. Grenough's immense talent has allowed him the opportunity to partner with high profile business icons including Mark Hughes (Herbalife), Anthony Robbins (Professional Speaker, Author), Bernie Cornfeld (Investors Overseas Services), Roger Vadim (Director, Actor) and Donald Sterling (Owner, Los Angeles Clippers). Equally impressive as a motivational speaker, Don is heavily involved in non-profit organizations such as The Michael Jackson Foundation and PBS, the Public Broadcasting System in partnership with Dr. Gary Null. Don Jr. has had a long relationship with the Company as he has served twice as a Director of World Organics during the periods of January 2003 to September 2004 and from December 2009 to August 2011. More recently, Mr. Grenough has been appointed Senior Vice-President of Global Skyport Media which is a multi-media, multi-faceted, full-service media group with interests in television production, distribution, television management, satellite uplink and master control services, digital and mobile phone technology, radio programming and music production. A most welcome addition to the advisory Group, Mr. Grenough brings to the Company his years of unique experience and expertise in the fields of business and entertainment as well as his well-established, long standing Hollywood relationships. Kevin Hodge - Founder, Environmentalist and Composite Designer & Manufacturer As founder of Hemp Adobe Homes, Mr. Kevin Hodge has 30 years' experience in the composite design and manufacturing industry. Mr. Hodge is responsible for design, tool & mould manufacture, and logistics for Mobile Gardens, which teaches people of all walks of life about sustainable agriculture in small spaces; as well as, Grow Smart Greenhouses - "4 Season" greenhouses made from an earth friendly aviation technology; Live Smart yurts - circular, semi-permanent tent-like structures that are simple, smart and sustainable made from collapsible bent wood; and new concepts in power generation and growing mediums. In 1982, Mr. Hodge enlisted in the US Marine Corp where he served with the Harrier tactical aviation group until honourably discharged in 1986. After his tour of duty and over the next few years, Kevin honed his skills in all facets of the plastics and coatings industries. Throughout this time, he remained true to his passion for aircraft and worked under contract for various composite aviation companies including Express Aircraft and Sport International (now Sport Copter, Inc.). Since 1991, Mr. Hodge has had the wherewithal to found five companies, three of which have been composite manufacturing and design firms. From a desire to make a difference, Kevin joined a group of pioneers in the sustainability movement to form an alternative energy group in August 2007. Moving forward, and to keep informed on current issues regarding sustainability, developing environmental applications and future technologies, Kevin stays actively involved in national and worldwide organizations that understand and fully support green and sustainable ways for life and business. Today, Kevin enjoys the collaboration in the creation and implementation of new design concepts for sustainable communities using Hemp Adobe Homes - his company - as the vehicle. Houses built from industrial hemp have been found to use less energy, create less waste and take less fuel to heat than conventionally constructed homes. Developed from his years of experience, Hemp Adobe Homes are made from industrial hemp using unique and proprietary methods. As the Company continues its due diligence of the Medical Marijuana and Hemp industries, the addition of Mr. Hodge to its Green and Gold Advisory Group adds to the work experience or exposure of other advisory group members within these fields. S. Rowan Wilson, MBA -- Mensan, Activist, and Generation X-er "So how does a nice, conservative Jewish woman like you get involved in pot?!" is the usual question. It's a fair question. She grew-up a kid of the 80's 'just saying no' until her weight spiraled with continual pain and another job layoff. Ms. S. Rowan Wilson exemplifies the challenges and changes faced by Generation-X. Two-income families, rising divorce rates and a shift from a manufacturing economy to a service economy, Gen X'ers have had to be more flexible, committed to more than one 'life' employer and more willing to change jobs to get ahead than previous generations. They are independent, resourceful and self-sufficient. Rowan is a typical Gen-X'er. Her background includes an undergraduate degree in Music from the University of Texas at Austin ("UT Austin"), a voice performance certificate from the Austrian American Mozart Academy in Salzburg and an MBA started at Notre Dame University's sister school, St. Edward's University which was completed Suma Cum Laude in 2011 at Colorado's Jones International University. At the early age of 4, her mother put her on stage. By age 18 she was apprenticed to an Opera company. 'Sarah' sang throughout the Germanic countries; the South and the Midwestern United States. She later taught voice at UT Austin before pursuing her other passions leading into the late 1990's tech boom. It was in Europe when she first discovered the benefits of natural medicine eventually leading the 'nice, conservative, now-divorced, Jewish woman' to Cannabis. During this time and while still in her 20's, Ms. Wilson worked as a Project Manager to Product Manager for such companies as Motorola, I2 Technologies now JDA and Garage.com. After the Dot.com bust, Rowan enrolled in law school in England prior to her return to business. Before the 2008 banking crash, she spent several years working in commercial real estate lending; financing $500K-$55M commercial properties from retail strip malls to apartments, storage units and office buildings. Other interests include an involvement in politics and activism. Her childhood included working on political campaigns with her father, a noted small-town attorney. She hikes, blogs, cooks; is a hobbyist gardener and an avid cannabis baker. She was introduced to cannabis in her mid-30s as a method back to her European singing days where she discovered the benefits of natural medicine. In fact, while working on pre-med coursework in Nevada, Rowan took preliminary steps to open her own Cannabis-baked goods shop a mile and a half from a legendary brothel. Shortly thereafter, she abandoned a further Ph.D. and the pursuit of a Doctor of Osteopathy. She then again returned to business in the field of medical sales for device and service companies. Today, Rowan continues to teach and speak from time to time on topics including the basic science of Cannabis. Ms. Wilson has worked in the field of insurance for substantial companies such as Banker's Life & Casualty Company, Dignity Memorial and State Farm Insurance. Up until quite recently, Ms. Wilson held a day job in finance utilizing her MBA in Finance. She has now left it to spend full time on the growth, development and expansion of the Medical Marijuana and Industrial Hemp industries. In furtherance of her new career path, Ms. Wilson has started a website, Mary Jane's World, from which she offers a comprehensive menu of research products and services. Mr. Don Grenough, Mr. Kevin Hodge and Ms. S. Rowan Wilson join Mr. Guy Dumas of Sault Ste. Marie, Ontario, Mr. Justin MacArthur Rand of Boston, Massachusetts (see World Organics' News Release of June 17, 2014) and Dr. Lila York of Seattle, Washington (see World Organics' News Release of September 15, 2014) on World Organics' "Green and Gold Advisory Group". The combined experience of all members of the advisory group will greatly assist the Company in moving forward on its tentative plans particularly within the Medical Marijuana and Industrial Hemp industries. The Company reports that, except as described herein and since the issuance of the original default announcement on April 16, 2013 and the subsequent thirty-four default status reports of May 1, 2013, May 15, 2013, May 29, 2013, June 12, 2013, June 26, 2013, July 10, 2013, July 24, 2013, August 7, 2013, August 21, 2013, September 4, 2013, September 19, 2013, October 3, 2013, October 16, 2013, October 30, 2013, November 14, 2013, November 28, 2013, December 11, 2013, December 30, 2013, January 9, 2014, January 23, 2014, February 6, 2014, February 20, 2014, March 6, 2014, March 26, 2014, April 16, 2014, May 1, 2014, June 3, 2014, June 17, 2014, July 7, 2014, July 21, 2014, August 5, 2014, August 19, 2014, September 2, 2014 and September 15, 2014 (collectively, the "Default Status Reports"), there have not been any additional material changes to the information contained therein. Further, the Company has not failed to fulfill its intentions as stated therein with respect to satisfying the provisions of the Alternative Information Guidelines specified by NP 12-203; and, except as disclosed in this news release, there are no additional defaults or anticipated defaults in respect of the Company and its affairs that have not been generally disclosed (see World Organics' News Releases of June 19, 2013, July 16, 2013, April 1, 2014, June 3, 2014 June 17, 2014 and September 15, 2014). About World Organics Inc. World Organics is an inactive company focused on the identification of potential revenue generating business opportunities. The Company is listed on the NEX board of the TSX Venture Exchange under the symbol WOI.H. Additional information about World Organics is available under the Company's SEDAR profile at www.sedar.com. ON BEHALF OF THE BOARD "Nicholas D'Alessandro" Nicholas D'Alessandro President and Director WORLD ORGANICS INC. E&OE Forward-Looking Statements: This news release contains forward-looking statements concerning World Organics Inc. including the filing of its Annual Financial Filings. These statements include all matters that are expectations concerning, among other things, the Company's ability to meet its continuous disclosure obligations and the likelihood of the Company to rectify its default under Canadian Securities laws and/or reactivate to trade on the TSX Venture Exchange. Forward-looking statements are based on assumptions and involve substantial known and unknown risks and uncertainties, which are beyond the Company's control and not limited to the impact of general economic conditions. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such forward looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements contained in this news release Should new information, future events or otherwise become available, which might be deemed material, updates will be provided by the Company via the newswire services and filing on SEDAR. Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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