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One World Payment Systems, Inc. Announces Termination of Sales Agreement.

Publication: Business Wire
Publication Date: 06-FEB-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors

LAS VEGAS--(BUSINESS WIRE)--Feb. 6, 2003

One World Payment Systems, Incorporated ("OneWPS"), acting pursuant to the direction of its Board of Directors, today announced that it has found it necessary to terminate the corporation's planned acquisition by Golf Product Technologies, Inc. (OTCBB:GOFP). The two parties had entered into a Common Stock Purchase Agreement on November 11, 2002.

"The OneWPS Board felt obligated to...

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