NEW YORK NY - (NewMediaWire) - December 15, 2015 - Worldwide
Diversified Holdings, Inc. (OTC
PINK: WNTR) today announced results for the third quarter
ending September 30, 2015.
The company's net assets have increased to $34,218,681 for the
period ending September 30, 2015 as compared to $33,727,855 for the
same period ending September 30, 2014.
The company's total revenues have increased to $205,239 for the
three months ending September 30, 2015 from $125,907 in revenues
for the same period ending September 30, 2014.
The company's net asset value is $0.01c per share for the period
ending September 30, 2015.
The company recently announced a tender offer to acquire up to
2,000,000,000 of its company common shares at price of $0.01 per
share. The offer was to expire on November 17, 2015. The company
has extended the offer until December 31, 2015 to provide for the
transfer agent to become the depository agent and to co-ordinate
with Depository Trust Company ("DTC"). If the Company is unable to
provide for electronic submissions and obtain financing it will
evaluate other options to increase shareholder value to realize the
company's net asset value The company has received, as of December
15, 2015, a total of 189,333,400 common shares at prices between
$0.0001 and $0.01. It has also received a total redemption of
650,000,000 previously issued common shares, to reduce the amount
of shares outstanding.
Worldwide Diversified Holdings, Inc. has previously announced
that it is evaluating opportunities to acquire companies that are
involved in information technology solutions and continues with the
process. A decision is expected to made in the near future.
Frank Kristan, President of Worldwide Diversified Holdings, Inc.
stated that:
"We continue to work on creating a diversified holding that will
benefit shareholders and we are pleased with the progress we are
making in executing on our business model. We continue to focus on
building our asset base and increasing our revenues. We believe we
will grow the company further as we close additional transactions
this year."
About Worldwide Diversified Holdings, Inc.
Worldwide Diversified Holdings, Inc. (OTC
PINK: WNTR) (www.wdhinc.com) is a diversified holding
company with business operations and investments.
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.