Worldwide Internet to Diversify Holdings

Share Article

Intends to Acquire Additional $20 Million in Business Operations

Worldwide Internet, Inc. (OTC: WNTR) announced today that it intends to diversify its business operations through acquisitions, in addition to its current communications business.

Worldwide Internet, Inc. (OTC: WNTR) announced today that it is acquiring a diversified portfolio of $20 million in assets. The asset portfolio includes investments in telecommunications, internet security software, renewable energy and real estate.

Frank Kristan, President of Worldwide Internet, Inc, stated that:

“The acquisition of the Ludvik Holdings Inc assets will provide a broader base of operations for the company with significant additional assets. Worldwide intends to continue to diversify the company’s operations through mergers and acquisitions. ”

The company intends to create long term shareholder value through the acquisition of assets and operating companies. Worldwide Internet, Inc. is currently trading on the OTC Markets (http://www.otcmarkets.com) under the trading symbol WNTR. The company is reviewing its options for a name change that describes the new business operations and a share valuation that will reflect the market value upon completion of the acquisitions.    

About Worldwide Internet, Inc.

Worldwide Internet, Inc. (OTC: WNTR) (http://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 Ludvik Holdings, Inc

Ludvik Holdings, Inc. (http://www.ludvikholdings.com) has investments in public and private companies. It provides long-term equity and debt investment capital to fund growth, acquisitions and recapitalizations of small and middle-market companies in a variety of industries primarily located in the U.S. Ludvik Holdings is the lead investor for transactions, as well as a co-investor in companies along with other private equity sponsors.

FORWARD-LOOKING STATEMENTS:

This press release may contain "forward-looking statements" within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34. 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(at)worldwideinternetinc(dot)com
Phone/Fax: (206) 984-3470

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Frank Kristan

+1 7573453375
Email >
Visit website