799426--4/15/2010--NEW_WORLD_BRANDS_INC

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{product, market, service}

{operation, natural, condition}

{stock, price, share}

{operation, international, foreign}

IF ANY OF THE FOLLOWING OCCUR, OUR BUSINESS, FINANCIAL CONDITION, AND RESULTS OF OPERATION COULD ALL SUFFER. Risks Associated with the Business in General Risks Most Specific to our NWB Networks Division (IP Communications Equipment Resale). Risks Most Specific to Our NWB Telecom Division (Wholesale VoIP Service Provider). Risks Attendant to Entering the Prepaid Calling Card Business. Risks Associated with the Company s Stock.

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