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Alias Born | 11/12/2010 |
Sunday, August 11, 2013 6:42:55 PM
WNTR Evaluation before New Acquisitions...
Book Value
$18.4M Assets - .3 Liabilities
= Approx. .035 per share
Now add...
Pr1 acquisition which = .0058
and
Pr2 acqusition which = .05
New WNTR VALUE...
.035 + .0058 + .05 = .09!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Pr1...
WORLDWIDE INTERNET ACQUIRES WORLD CAPITAL LEASING PORTFOLIO
WILLIAMSBURG, VA, JULY 30, 2013 ? Worldwide Internet, Inc. (OTC: WNTR) announced today that it has completed the acquisition of a $3,000,000 portfolio of leases from World Capital Leasing, Inc. in New York. The portfolio was acquired for the issuance of 600,000 shares of the company?s Series C Preferred Shares with a stated value of $5 per share.
Frank Kristan, President of Worldwide Internet, Inc. stated that:
?We are excited about working with Worldwide to further develop World Capital Leasing to originate and acquire additional portfolios of leases.?
World Capital Leasing (www.worldcapleasing.com) provides a broad range of cost-effective and flexible equipment leasing and financing programs for the purchase of new or used industrial, business, or manufacturing equipment.
Worldwide Internet, Inc. is currently trading on the OTC Markets (www.otcmarkets.com) under the trading symbol WNTR.
About Worldwide Internet, Inc.
Worldwide Internet, Inc. (OTC: WNTR) (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.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Pr2...
FOR IMMEDIATE RELEASE
July 23, 2013
WORLDWIDE INTERNET TO ACQUIRE REAL ESTATE PROPERTY
Increases portfolio value by $26 million dollars
WILLIAMSBURG, VA, JULY 30, 2013 ? Worldwide Internet, Inc. (OTC: WNTR) announced today that it has entered into a Letter of Intent to acquire two apartment complexes, located in New York, New York for a total purchase price of $26,000,000.
The purchase terms provide for the payment of $250,000 on closing, assumption of a First Mortgage and the balance of payment in the form of a Secured Convertible Note.
Frank Kristan, President of Worldwide Internet, Inc stated that:
?We are excited about acquiring the Honeywell Estates properties. The properties will provide more than $3.2 million in revenues and a net annual income of $1.7 million for the company. It will also substantially increase the assets of Worldwide.?
The Honeywell Estates consist of two residential buildings located in New York, New York. Each building has 99 apartments, for a total of 198 units.
Worldwide Internet, Inc. is currently trading on the OTC Markets (www.otcmarkets.com) under the trading symbol WNTR.
About Worldwide Internet, Inc.
Worldwide Internet, Inc. (OTC: WNTR) (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 Honeywell Estates
The Honeywell Estates consist of two residential buildings located in New York, New York. There are a total of 198 rental apartments.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
TOUCAN CHART:
see this chart - the RSI at 24 is starting to curl up.... Wm%R at -96 and starting to curl up, way oversold... TRIX 3,3 sharp move up, indicating the reversal is ON for this bottom bouncer.
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