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»'s Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » WDAM >>> Could be big

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Author Topic: WDAM >>> Could be big

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I have been watching this one for awhile, this has got to be the bottom. Looks like something is about to happen with this one.

October 10, 2006


Division of Corporation Finance
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549

Re: World Am, Inc. (the "Company")
Registration Statement on Form SB-2
Filed July 13, 2006
File No. 333-135748

Ladies and Gentlemen:

The Company hereby respectfully requests pursuant to Rule 477 under the
Securities Act of 1933, as amended, that the Securities and Exchange Commission
(the "Commission") consent to the withdrawal by the Company of its Registration
Statement on Form SB-2 filed with the Commission on July 13, 2006 (File No.
333-135748) (the "Registration Statement").

The Company requests this withdrawal because it has elected not to pursue
the registration of the securities included in the Registration Statement at
this time. No securities were offered or sold pursuant to the Registration

Please apply the Company's filing fee to its account with the Commission.

If you have any questions concerning this matter, please contact Marcelle
S. Balcombe at (212) 930-9700.

Thank you for your assistance in this matter

Very truly yours,

By: /s/ Robert A. Hovee
Robert A. Hovee

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I also know they have been working diligently to sell their senz-it product in the Middle East. Maybe we can get a PR coupled with this bit of info


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wow, they were gonna increase the o/s to 1.2bil...


1,207,900,607 SHARES OF

This prospectus relates to the resale by the selling stockholder of up 1,207,900,607 shares of our common stock, including up to 865,253,165 shares of common stock underlying convertible debentures , up to 324,767,442 issuable upon the exercise of common stock purchase warrants and 17,880,000 shares held by Select University Technologies, Inc. The convertible debenture is convertible into the number of our shares of common stock equal to the principal amount of the debentures being converted multiplied by 110, less the product of the conversion price multiplied by one hundred times the dollar amount of the debenture being converted, divided by the conversion price. The conversion price for the convertible debentures is the lesser of (i) $0.20 or (ii) 80% of the average of the three lowest volume weighted average prices during the 20 trading days prior to the conversion, or (iii) 80% of the average of the volume weighted average prices on the trading day prior to conversion. We have issued two warrants to the selling stockholder. Warrant #1 is exercisable at a price of $1.00 per share and expires on June 19, 2009. Warrant #2 is exercisable into 319,767,442 shares of our common stock, which is equal to $2,750,000 divided by 120% of the Current Market Prices of the Common Stock for the 20 trading days prior to June 19, 2006. The exercise price of warrant #2 is $0.0086, which is 120% of the market prices of the common stock for the 20 trading days prior to Jun 19, 2006 and expires on January 19, 2011. The selling stockholder may sell common stock from time to time in the principal market on which the stock is traded at the prevailing market price or in negotiated transactions. The selling stockholder may be deemed underwriters of the shares of common stock, which they are offering. We will pay the expenses of registering these shares.


looks like they just cancelled it. could definitely bounce because of that...

o/s is 208mil per last 10Q

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The have financing from La Jolla Capital. Lets hope they got more and better fianncing from another source. Maybe the middle east!!!
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Already up 20%. We'll see how the rest of the day goes.
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The calm before the storm. Something brewing off the atlantic here or Pacific???, withdrawal of SB-2 they need something to do that, watch for a HUGE PR!!!
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World Am Isotec Subsidiary Names Robert Seeley Director of Sales and Marketing
Prime Zone - October 12, 2006 10:00 AM ET

World Am, Inc. (OTCBB:WDAM) today reported that its Isotec, Inc. subsidiary has appointed Robert J. Seeley as Director of Sales and Marketing, replacing the retired James H. Alexander. He brings to the company more than 20 years of successful experience in nationwide technical relationship building, including small to large businesses and state and local governments.

Immediately prior to joining Isotec, Mr. Seeley served for more than 10 years as Director of Carrier Relations for Louisville, Colo.-based AirCell Inc. At this air-to-ground telecom company, he developed a multi-faceted marketing program to create one of the world's largest cellular networks, comprised of 27 regional U.S. carriers.

Earlier, as Director of Research and Analysis at Boulder, Colo.-based BGCI-LLC, a venture capital company, he created the original AirCell business plan, and coordinated the raising of $10 million in initial funding through venture and bank networking.

Mr. Seeley also served for several years as Vice President of Sales and Marketing for Infografix Inc. in Niwot, Colo., a technical professional placement service. During his tenure there, the company's revenue and customer base increased by more than 350% in a two-year period, positioning the company for a successful acquisition by a national placement firm.

"Robert Seeley has been a colleague for many years," said Isotec President Ken Jochim. "His wealth of experience will serve the company well, and we are fortunate to have recruited him for this key management position."

Mr. Seeley studied International Marketing at the University of Munich, and Finance and East Asian Studies at the University of Colorado.

He is a member of the Board of Directors of STREBOR International, RU-Equipment Company, Rainbow Valley Farm School for Children, and the Boulder County Soccer Association.

About Isotec:

Isotec develops, integrates and supplies passage control security products broadly categorized as Access Control, Weapons Control, or Materials Control Systems that rigorously control entry or exit of people and materials into and/or out of a facility, while reducing the need for security personnel. Applications of the technology have been delivered to the commercial, retail and government sectors. Isotec's extensive experience in this field allows it to provide high quality, code compliant, application-optimized solutions at the lowest cost in the shortest timeframe.

Additional information on the company is available at or .

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to those, set forth in the World Am, Inc. Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

This news release was distributed by PrimeZone,

SOURCE: World Am, Inc.

World Am, Inc.
Investor Relations
(951) 279-8884

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bid .005 x ask .007 Give me those .007's!!!!
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