Worldwide Internet Files Quarterly Report
November 01 2013 - 9:39AM
Marketwired
NEW YORK, NY-(Marketwired - Nov 1, 2013) - Worldwide
Internet, Inc. (OTC Pink: WNTR) filed its Quarterly Report for the
period ending September 30, 2013 and its highlights included the
following as it changes its profile to a diversified holding
company.
- The company is now receiving investment income and is
profitable for the first six months since it began to change its
business model to a diversified holding company.
- The transaction to acquire the assets of Ludvik Holdings, Inc.
has been completed subject to the issuance of a Promissory
Note.
- The company has received commitments to finance the payment of
outstanding loans and liabilities expected to be completed in the
fourth quarter.
Frank Kristan, President of Worldwide Internet,
Inc., stated that:
"We continue to make progress on the transition to a diversified
holding company. Our third quarter results show that we have been
able to become profitable in a short period of time and we intend
to be debt free by the end of the year that would enable us to make
distributions to shareholders in 2014. This continues our overall
strategy to increase shareholder value and provide for
distributions to shareholders."
Worldwide Internet, Inc. is currently trading on the OTC Markets
(www.otcmarkets.com) under the trading symbol WNTR.
About Worldwide Internet, Inc.
Worldwide Internet, Inc. (OTC Pink: WNTR)
(www.worldwideinternetinc.com) is in the business of developing
technology for internet datacenter services and emergency
notifications to the public. The company is focused on making
investments to diversify its business operations and holdings.
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 Kristanfrankkristan@worldwideinternetinc.com Phone/Fax: (206)
984-3470