Tuesday, November 15, 2016 10:12:17 AM
The company total assets increased to $34,269,652 for the period ending June 30, 2016 as compared to $34,216,730 for the same period ending June 30, 2015.
The company net income increased by 18.2% to $89,800 for the period ending June 30, 2016 from $75,976 in net income for the same period ending June 30, 2015.
The company asset value was $0.01c per share for the period ending June 30, 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 September 30, 2016. The company is evaluating other ways to increase shareholder value. The company has received, as of June 30, 2016, a total of 28,033,400 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. The shares have not been adjusted to the outstanding and issued shares until the tender offer is completed.
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:
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.
CONTACT INFORMATION
CONTACT:
Frank Kristan
frankkristan@worldwideinternetinc.com
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