Worldwide Reports Quarterly Results
(firmenpresse) - NEW YORK, NY -- (Marketwired) -- 05/18/16 -- Worldwide Diversified Holdings, Inc. (OTC PINK: WNTR) announced today results for the quarter ending March 31, 2016.
The company total assets increased to $34,222,374 for the period ending March 31, 2016 as compared to $33,905,556 for the same period ending March 31, 2015.
The company net income increased by 115% to $158,794 for the period ending March 31, 2016 from $73,580 in net income for the same period ending March 31, 2015.
The company asset value was $0.01c per share for the period ending March 31, 2016.
The company has previously announced a Tender Offer to acquire up to 2,000,000,000 of its company common shares at price of $0.0001 to $0.01 per share. The company has extended the offer until June 30, 2016. The company is evaluating other ways to increase shareholder value. The company has received, as of March 31, 2016, a total of 202,821,950 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. The shares have not been adjusted to the outstanding and issued shares until the tender offer is completed.
The Company is also evaluating proposals for its listing on other exchanges to realize its asset value and expects the decision to be made by June 30, 2016.
Worldwide Diversified Holdings, Inc. (OTC: WNTR) () is focused on making acquisitions of business operations and investments in a diversified holding company.
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.
Frank Kristan
Phone/Fax: (206) 984-3470
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Datum: 18.05.2016 - 08:00 Uhr
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