Worldwide Provides Shareholder Update on The Green Fund
March 31 2014 - 11:15AM
Marketwired
Worldwide Provides Shareholder Update on The Green Fund
NEW YORK, NY--(Marketwired - Mar 31, 2014) - Worldwide Internet,
Inc. (OTC Pink: WNTR) (PINKSHEETS: WNTR) announced today a
shareholder update on its portfolio company Green Company Holdings,
Inc. (www.thegreenfund.us).
Green Company Holdings, Inc. has closed the first two
investments totaling $2,000,000 in its first thirty days for the
period ending March 31, 2014. It currently has letters of intent
and indications of interest from other companies totally in excess
of $8,000,000 that include cash and/or securities in exchange for
their interest in The Green Fund. The company intends to close
transactions on a monthly basis until it closes an initial
$10,000,000 into the fund. The Green Fund will have its own
independent legal counsel and auditors.
The Green Fund is looking at opportunities in the industry for
payment systems and informational portals including online shopping
malls -- additionally, the opportunities for technologies that can
be modified and applied to this industry. This includes kiosks that
provide the product and sales of ancillary products in addition to
real estate that provides for warehousing of the product.
The company also is currently interviewing auditors as part of
the process for its listing on to the NASDAQ or NYSE /AMEX.
Frank Kristan, President of Worldwide Internet,
Inc., stated that: "We are excited about our investment in
this industry and we see a lot of opportunity for increasing
shareholder value and providing dividends for our shareholders in
the near future."
About The Green Fund
The Green Fund (www.thegreenfund.us) is a comprehensive group of
qualified Small Cap Public Companies in the Emerging Hemp and
Medical Marijuana Sectors that strives to bring you up to date
Actionable Investment Intelligence on the pulse of these rapidly
growing industries.
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