Williamsburg, VA (PRWEB) August 01, 2013
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.
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