VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 21, 2008) - Genius World Investments Limited (TSX VENTURE:GNW.P) -
Further to disclosure requirements of applicable securities laws, the Company reports that on July 9, 2008, pursuant to a transfer of common escrow shares ("Common Shares") Sheng Wang, President, CEO & CFO acquired beneficial ownership of 800,000 Common Shares of Genius World Investments Limited (the "Company") from Dongdong Huang pursuant to a Share Purchase Agreement dated May 28, 2008, representing 20% of the issued and outstanding Common Shares of the Company. The TSX Venture Exchange Inc. consented to the transfer of escrow shares on June 11, 2008.
Immediately following the transfer of the escrow shares, Sheng Wang beneficially owns 1,700,000 Common Shares representing 42.5% of the issued and outstanding Common Shares or 40.48% of the Common Shares on a fully diluted basis.
Sheng Wang, together with his spouse Fenghui Wang, beneficially owns 1,740,000 Common Shares representing 43.5% of the issued and outstanding Common Shares or 41.43% on a fully diluted basis.
FOR FURTHER INFORMATION PLEASE CONTACT:
Genius World Investments Limited Sheng Wang President, CEO & CFO (604) 773-1339 Email: wangworks@gmail.com
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