Worldwide Reports Record Second Quarter Results


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PK:WNTR
08/14/2014 [ACCESSWIRE]

NEW YORK NY / ACCESSWIRE / August 14, 2014 / Worldwide Internet, Inc. (OTC Pink: WNTR) (PINKSHEETS: WNTR) announced record results for the second quarter ending June 30, 2014. 

The company’s net assets have increased to $33,718,349 for the period ending June 30, 2014 as compared to $18,419,771 for the same period ending June 30, 2013.

The company’s total revenues have increased to $294,857 for the period ending June 30, 2014 from -0- revenues for the same period ending June 30, 2013.

The company’s net asset value is $0.03c per share for the period ending June 30, 2014.

The company also confirmed that GCHI Green Company Holdings, Inc. ("GCHI") has received its CUSIP Number and ISIN number and the securities are eligible for electronic deposit with the Canadian Depository Securities Clearing and Depository Services, Inc. (“CDS”). The CUSIP Number for GCHI is 3612U101 and the ISIN Number for GCHI is CA36162U1012. The company has issued the shares and is currently working with the transfer agent to have the shares delivered to the brokerage firms and the individual shareholders by August 31, 2014.       

The company is working with the auditors to complete an audit of GCHI Green Company Holdings, Inc. as part of a consolidated company audit and expects it to be completed on or before September 30, 2014.

Frank Kristan, President of Worldwide Internet, Inc. stated that:

"We continue to work on creating a diversified holding that will benefit shareholders and we are pleased with the progress we are making in executing on our business model. We continue to focus on building our asset base and increasing our revenues. We have implemented a dividend policy and paid our first dividend in the quarter ending June 30, 2014. We believe we will grow the company further as we close additional transactions this year and prepare for our listing on NASDAQ or the NYSE/AMEX."

About Worldwide Internet, Inc.

Worldwide Internet, Inc. (OTC: WNTR) (www.wdhinc.com). The company is focused on making acquisitions of business operations and investments to create a diversified holding company.

FORWARD-LOOKING STATEMENTS:

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those expressed or implied in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the OTC Markets and. undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

Contact:

Frank Kristan  

frankkristan@worldwideinternetinc.com

Phone/Fax: (206) 984-3470

 

SOURCE: Worldwide Internet, Inc.

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