Worldwide Acquires Interest in Text Messaging Company
December 19 2013 - 8:00AM
Marketwired
Worldwide Acquires Interest in Text Messaging Company
I-Text Marketing Company Developing Unique Product
NEW YORK, NY--(Marketwired - Dec 19, 2013) - Worldwide Internet,
Inc. (OTC Pink: WNTR) announced today that it has completed the
acquisition of an interest in Global Marketing Services LLC that
provide sales and marketing for I-Texts (www.i-texts.com).
The interest was acquired from Global Marketing Services LLC, in
a private transaction, in exchange for the Worldwide Series C
Preferred shares. The company also has an option to increase its
ownership in Global Marketing Services, LLC. The company has
authorized 45,000,000 shares of Series C Preferred, with a stated
value of $5.00 per shares to provide for up to $225 million in
acquisitions with minimum dilution to shareholders.
I-Texts has developed a state of the art software platform to
address all critical needs, such as: business management,
information management including compliance and risk mitigation. In
addition to the software platform is the latest in security
programming to ensure the clients' information is 100% secure
including dedicated servers and a state of the art back-up
system.
The platform fills a need and demand for a unique, simple and
efficient cost effective fundraising platform for colleges,
universities, charities and military relief organizations. It
offers a smart, simple and unique marketing and advertising
opportunity that helps crack the code of mobile marketing.
Frank Kristan, President of Worldwide Internet, Inc stated
that:
"We see this as an opportunity to leverage our other
telecommunication investments, with this investment, to develop a
strong cash flow that will provide dividends to shareholders in
2014."
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.
About I-Texts
I-Texts, "Short Message Service," text sending company has the
capability of sending out 300 text messages per second with the
ability to grow as needed. Unlike e-mail, the federal government
has strict rules regarding text messaging, and the I-Text provider
is in full compliance with a staff of over 65 employees and 24/7
support.
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