Worldwide Evaluating Water Treatment Opportunities
February 13 2014 - 11:20AM
Marketwired
Worldwide Evaluating Water Treatment Opportunities
NEW YORK, NY--(Marketwired - Feb 13, 2014) - Worldwide Internet,
Inc. (OTC Pink: WNTR) (the "Company") announced today that it is
evaluating opportunities to invest in companies that are involved
in developing water treatment solutions for the fracking
industry.
As fracking becomes more prevalent in the oil and gas industry,
the treatment of fracking water proves to be difficult. The average
fracked well uses about 4 million gallons of water. Aside from how
much water is used in the fracking process, drillers have to haul
it and dispose of it correctly at a cost of about 10c a
gallon. The company is evaluating a mobile solution for the
problem that involves being able to deliver a water treatment plant
to the site for processing.
There are more than 25,000 oil and gas wells that are completed
in the US every year with each of them requiring the treatment and
demand for clean, pure and reusable water.
Frank Kristan, President of Worldwide Internet, Inc. stated
that:
"We continue to look for investments that will diversify our
portfolio. Clean water is essential part of many industries beyond
oil and gas and we will seek out these technological opportunities
to add to our portfolio."
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 Kristan frankkristan@worldwideinternetinc.com
Phone/Fax: (206) 984-3470