NEW YORK, NY--(NewMediaWire - Jun 12, 2015) - Worldwide
Diversified Holdings, Inc. (OTC
PINK: WNTR) ("Worldwide") a company focused on making
investments to diversify its business operations and holdings,
released the following update for shareholders.
The company has announced that it intends to amend the tender
offer to a fixed price of $0.01 per share to co-ordinate with
Depository Trust Company ("DTC") and provide for the electronic
submission of offers. This would provide for shareholders to
realize the company's current asset value of $0.01 per share for
the period ending March 31, 2015. The company has extended the
offer to July 15, 2015 to provide for the filing of amended tender
documents.
I-Texts, Inc. (www.i-texts.com) has signed a letter of intent
for $3 million in financing with a proposed funding in 90 days,
which would include a public listing. I-Texts is a technology
partner in the recently launched Blackbaud Market Place (www.blackbaud.com). I-Texts also intends to
participate in the Rakuten Marketing Symposium in New York
(http://marketing.rakuten.com/) on June 29 and
June 30, 2015. The dividend to Worldwide shareholders of the
I-Texts shares needs to be approved by FINRA and DTC in order to be
credited in electronic form to brokerage accounts. It is currently
being processed and the company will announce when the distribution
will be made to Worldwide shareholders.
GCHI Green Company Holdings, Inc. ("GCHI") (www.thegreenfund.us) is currently working on
engaging investment bankers to assist with a capital raise and its
proposed listing. Its portfolio company Pamlico Energy Park has
been advised by Dominion Power (www.dom.com) that it is currently projected to
be approved to connect with the grid in the third quarter. When the
energy park is complete the company has previously announced that
it intends to dividend proceeds from the Pamlico Energy Park
investment. GCHI is a Canadian company and the Supreme Court of
Canada has ruled that users of marijuana for medical purposes have
the right to bake the drug into cookies, take it in lozenge form or
as topical oils, in addition to smoking it. GCHI is currently
evaluating companies that comply with this ruling.
Frank Kristan, President of Worldwide Diversified Holdings,
Inc., stated: "I would like to thank our investors and shareholders
for their continued interest in our Company as we continue to build
diversified holding company that will help to ensure our long term
and sustained success."
About Worldwide Diversified Holdings, Inc.
Worldwide Diversified Holdings, Inc. (OTC
PINK: WNTR) (www.wdhinc.com) is focused on making
acquisitions of business operations and investments in a
diversified holding company.
Forward-Looking Statements:
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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.