Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Another acquisition
cheers revenue collection has begun!!!!!!!!!!!!!!!
ARknet Revenue — New beginnings. Platform fee based revenue has begun. $6.19 collected today in fees! Woohoo!! These deliberately small fees, (2%) meant to benefit Main St retail during this difficult time, will in aggregate grow with platform adoption by ven
Worldwide Acquires Houston Natural Resources
BY GlobeNewswire
— 9:00 AM ET 05/04/2020
HOUSTON, TX, May 04, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Worldwide Diversified Holdings, Inc ( WNTR
Loading...
Loading...
) (“the Company”) announced that it has acquired Houston Natural Resources, Inc.
The company has acquired 100% of Houston Natural Resources, Inc. (“HNRI”), HNR Oil Services LLC, and HNR Financial LLC, for a combination of cash and the issuance of common and preferred shares. The acquisition will add approximately $18 million dollars in assets to the company balance sheet. In addition, the acquisition is projected to add $7 million in revenues with $5 million in earnings. HNRI has audited statements and detailed independent appraisals of the assets. The Company is focused on completing audited statements for the last two years. This will provide for the Company to be able to up-list on a major exchange.
The company’s subsidiary HNR Oil Services LLC owns a water and solids treatment and disposal facilities that exceed all state and federal regulatory requirements, provide maximum environmental protection, and will generate multiple streams of revenue for the company via the saltwater disposal and byproduct remediation. Waste Management Technology is the process of removing undesirable chemicals, suspended solids and gases from contaminated water. This facility is expected to be generating from the fluid side of the facility only an estimated $250,000 per month of Net Operating Income by end of Summer 2020. HNR Oil Services LLC expected to secure the site for its second facility during calendar 2020. Furthermore, the Company is also acquiring producing and non-producing assets with quantifiable reserves and production capabilities. In today’s markets there are significant opportunities to acquire undervalued assets for long term appreciation.
HNR Financial LLC has received a term sheet for an initial commitment of up to $2,000,000, from a Texas Based Financial company, to assist in the implementation of the Company’s business plan.
The company has appointed Donald H. Goree, Donald W. Orr, and Clayton H. Goree as new members of the board of directors. In addition, the Company has formed Worldwide Diversified Holdings, Inc. ( WNTR
Loading...
Loading...
) as a Delaware Corporation and transferred the assets to the wholly owned subsidiary. The Company now has two wholly owned subsidiaries being Houston Natural Resources Inc., a Texas Corporation, and Worldwide Diversified Holdings, Inc. ( WNTR
Loading...
Loading...
), a Delaware Corporation.
Donald H. Goree, Chairman and CEO of Houston Natural Resources, Inc., stated:
“We are excited about the future of Houston Natural Resources (“HNR”) as we will operate with minimal, top level overhead expenses while attaining fully sustainable operations. During these difficult times for us all with the COVID-19 virus effecting lives, jobs, the markets, the whole of the economy. HNR will direct its personnel and financial resources to the rapid expansion of our HNR Oil Services LLC subsidiary as its revenue streams are not adversely affected by the rapid decline in oil prices. HNR Directors, Officers, and employees all continue to work remotely while continuing to make impressive progress.
“HNR will pursue the development and production of our proven oil reserves once oil prices have recovered. We currently have a new website under construction that will be announced shortly to best inform our many shareholders. We are dedicated to providing support to our wholly owned subsidiaries to carry out their missions.”
About Houston Natural Resources Corp
Houston Natural Resources Corp (www.HoustonNaturalResources.com). The Company is dedicated to increasing stockholder value through developing natural resources with state-of-the-art innovative technologies along with oil field waste disposal and recycling that are environmentally safe and socially responsibly processed.
About Worldwide Diversified Holdings, Inc. ( WNTR
Loading...
Loading...
)
Worldwide Diversified Holdings, Inc. ( WNTR ) (www.wdhinc.net). The company is a diversified holding company with business operations and investments.
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.
Contact:
Worldwide Diversified Holdings, Inc ( WNTR
Loading...
Loading...
)
Email: frank@wdhinc.net
Phone/Fax: (757) 707-4563
Houston Natural Resources, Inc.
E-mail: DH.Goree@HoustonNaturalResources.com
Image: j54907775bf99e40007bc036a_logo.jpg
Source: Worldwide Diversified Holdings, Inc. ( WNTR
Loading...
Loading...
)
MORE WNTR NEWS
Worldwide Updates Shareholders Related to COVID-19
GlobeNewswire - 9:00 AM ET 04/27/2020
I will be glad to invest if some here can put together something like this undertaking. easy as spectators to see faults of players
Some have here for years repeating the old stories day in day out.
Quote:
If a business does well, the stock eventually follows. - Warren Buffet
Revenue on what? the company is spending resources now to bring this endeavors to fruition. What do you expect the company to sell before now to bring in revenue? Patience is the key here.
Great company here, just ventures into Telehealth.
Conversion Labs Poised for Rapid Growth as Telemedicine Transforms Health & Wellness Market
BY GlobeNewswire
— 11:02 AM ET 03/16/2020
NEW YORK, March 16, 2020 (GLOBE NEWSWIRE) -- Conversion Labs ( CVLB
Loading...
Loading...
), Inc. , a direct-to-consumer telemedicine and wellness company, is on track for a big leap in revenue growth this year due to some clear market foresight and a strategic decision to enter the telemedicine market early last year.
The traditional model of visiting a doctor’s office, receiving a physical prescription, visiting a neighborhood pharmacy, and returning to see a doctor for follow up care or prescription refills has become increasingly inefficient, costly to patients, and discourages many from seeking much needed medical care. As a result, the U.S. healthcare system is undergoing massive disruption thanks to new technologies and the emergence of direct-to-consumer healthcare.
Conversion Labs ( CVLB
Loading...
Loading...
) is one of the only pure-play publicly traded direct-to-consumer pharmacy and telemedicine companies. Direct-to-consumer telemedicine companies like Conversion Labs ( CVLB
Loading...
Loading...
) can now offer patients immediate and virtual treatment from licensed physicians, along with home delivery of prescription medications bundled with over-the-counter wellness products.
“We see online diagnosis and treatment of patients and the associated pharmacy business as the next big wave that will fundamentally change the nation’s $3.5 trillion healthcare market,” commented Justin Schreiber, president and CEO of Conversion Labs ( CVLB
Loading...
Loading...
). “Driving this transformation will be the proven ability for telemedicine services and online pharmacies to improve access to healthcare while dramatically reducing costs for millions of Americans.”
Schreiber points out that the key to success in telemedicine lies in being able to acquire customers cost-effectively and then retain them over the long term: “The companies that will ultimately dominate the direct-to-consumer telemedicine space will be those that are first-to-market, create a convenient and incredible customer experience, and are the best online marketers. Conversion Labs ( CVLB
Loading...
Loading...
) checks all three of these boxes.”
Aside from companies developing vaccines or treatments for the coronavirus, one of the biggest long-term beneficiaries of the national outbreak will be telemedicine or virtual healthcare businesses. Now besides for the inconvenience, people want to avoid the doctor’s office due to the elevated risk of being infected with Coronavirus and are turning to telemedicine—many for the first time.
Last week, Vice President Mike Pence announced in a press conference that health insurers will pay for telemedicine services during the COVID-19 outbreak, and President Trump repeatedly praised the value of telemedicine. As the coronavirus outbreak spreads, the CDC has encouraged people to use telehealth services.
Conversion Labs ( CVLB
Loading...
Loading...
) launched its first telemedicine brand, Rex MD, in December 2019. Rex MD is a men’s health brand initially focused on treating and prescribing medication for erectile dysfunction (ED). The size of the global ED treatment market is estimated to exceed $2.95 billion by 2023. Capturing even a small percentage of this market could be transformational for Conversion Labs ( CVLB
Loading...
Loading...
).
To support the roll out of Rex MD, the company has built an end-to-end virtual healthcare solution that now includes a 50-state physician network, an industry leading online pharmacy, and a proven digital marketing operation. Rex MD will soon also offer treatments for longevity, strength and endurance, hair loss, skin care and other products.
The company is about to launch its second major telemedicine brand, SOS Rx. Under development long before the global outbreak of the coronavirus, SOS Rx provides a formulated package of prescription drugs for use in the event of similar disaster scenarios, including flu epidemics, sudden radiological exposure or bioterrorism.
While SOS Rx will not initially offer specific treatment for COVID-19, the outbreak in China, which has quickly spread to the U.S. and other parts of the world, is a perfect case in point for why preparedness is key—and the public is aware of this now more than ever. A recent survey by Finder.com revealed an estimated 68 million Americans (1-in-4) have purchased survival gear in response to unrest over political events or natural disasters. SOS Rx addresses this significant unmet need for Americans to have the appropriate medications on hand in the event of an emergency.
The company continues to develop its portfolio of direct-to-consumer wellness brands that encompass on-demand medical treatment, online pharmacy and over-the-counter products. “We want our brands to be top-of-mind for consumers and sought after for their proprietary characteristics and endorsements by thought leading physicians and influencers,” commented Schreiber. “While we aren’t the first in telemedicine, Conversion Labs ( CVLB
Loading...
Loading...
) has been an early mover when it comes to making extensive investments in technology and people. As a result, we’ve now become an emerging leader in the space.”
According to Euromonitor, the global market for direct-to-consumer healthcare products represents more than $700 billion in annual sales. Alliance Bernstein, the leading investment management and research firm, estimates that the market for online pharmacies in the U.S. now totals around $300 billion. They estimate that up to 70% of this market will move from traditional to online pharmacies over the next seven years. These major trends reveal that the market opportunities are immense, and Conversion Labs ( CVLB
Loading...
Loading...
) is well positioned to capitalize the massive shift to telemedicine for the delivery of healthcare.
Conversion Labs ( CVLB
Loading...
Loading...
) announced earlier that its expects to report a 47% increase in net sales for 2019, totaling about $12.2 million. Driven largely by the anticipated expansion of its telemedicine and health & wellness business that includes SOS Rx, the company sees revenue exceeding $30 million in 2020, growing by more than 145%.
“We have built a platform that allows us to efficiently launch telehealth and wellness product lines wherever we determine there is a market need,” added Schreiber. “Our platform is supported by a driven team of data analysts, designers, and engineers focused on building enduring brands that will improve the lives and health of our customers. Given the support of strong industry tailwinds, we believe our success in this endeavor will continue to drive tremendous revenues, profits and shareholder value over the coming quarters and years.”
About Conversion Labs ( CVLB
Loading...
Loading...
)
Conversion Labs, Inc. ( CVLB
Loading...
Loading...
) is a health and wellness focused e-commerce company with a portfolio of online direct-to-consumer brands. The company’s portfolio of brands includes proprietary over-the-counter products and prescription medications. It also provides online, virtual physician consultations to consumers in 49 states. In addition to its healthcare platform, Conversion Labs ( CVLB
Loading...
Loading...
) is the majority shareholder of PDF Simpli, a direct to consumer SaaS business for editing, signing, and sharing PDF documents. To learn more about Conversion Labs ( CVLB
Loading...
Loading...
), please visit conversionlabs.com. For more about PDF Simpli, go to pdfsimpli.com.
Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, among other thing, statements regarding the offering, the expected gross proceeds, the expected use of proceeds and the expected closing of the offering. Any forward-looking statements contained herein are based on current expectations and are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to the Company's ability to develop, market and sell its products; the expected benefits and efficacy of the Company's products; the availability of substantial additional funding for the Company to continue its operations and to conduct research and development, clinical studies and future product commercialization; and, the Company's business, research, product development, regulatory approval, marketing and distribution plans and strategies. These and other factors are identified and described in more detail in our filings with the SEC, including, our current reports on Form 8-K.
Company Contact:
Juan Manuel Piñeiro Dagnery
CFO
Email Contact
Conversion Labs Investor & Media Relations Contact:
Ron Both, CMA
Tel (949) 432-7566
Email Contact
Image: CVLB-logo-2020.png
Source: Conversion Labs, Inc. ( CVLB
Loading...
Loading...
)
MORE CVLB NEWS
Conversion Labs to Present at the 32nd Annual ROTH Conference on March 15-17, 2020
GlobeNewswire - 8:31 AM ET 03/04/2020
Conversion Labs Pays off All Convertible Debt in Preparation for Growth and Market Expansion in 2020
GlobeNewswire - 8:31 AM ET 03/02/2020
BRIEF-Conversion Labs Sees FY 2020 Revenue $30 Million
Reuters - 11:06 AM ET 02/27/2020
Someone need to take a rest period for good health sake. All these sleepless posts will not help anyone.
WILLIAMSBURG, VA, February 24, 2020 - Worldwide Diversified Holdings, Inc. (OTC:
WNTR) announced today results for the year ending December 31, 2019.
The company total assets increased by 58% to $54,131,239 for the period ending December 31,
2019 as compared to $34,085,766 for the same period ending December 31, 2018.
The company total revenues increased by 254% to $3,029,118 for the period ending December 31,
2019 from $853,675 in revenues for the same period ending December 31, 2018.
The company earnings increased by 140% to $31,694 for the period ending December 31, 2019
from $(78,639) in revenues for the same period ending December 31, 2018. The company’s
earnings, after adjustment for one-time cost of accrued services, would be $391,694.
Worldwide Diversified Holdings is currently evaluating investment opportunities that focus on
natural resources and technologies that eliminate the potential liability of environmental pollution.
The initial concentration would be in the oil and gas industry, incorporating water treatment
technologies that would be at the forefront of environmental remediation.
About Worldwide Diversified Holdings, Inc.
Worldwide Diversified Holdings, Inc. (OTC: WNTR) (www.wdhinc.net). The company is a
diversified holding company with business operations and investments.
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:
Frank Kristan
frank@wdhinc.net
Phone: (757) 707-4563
I agree with you sir I been following and buying since 2015. Great company all we need to do now is patience and support.
The best approach would have been to do your dd buy shares in the company and let the company grow naturally, but no, people create artificial runs only to make money at the detriment of others. When company succeed every investors succeed but not designed that way, just out smart others to make money. Where is fairness?
Many small investors have accumulate shares to their satisfaction all we need to do now is to supports and wait for big player to come in for the promise land. I have been in so many stocks that goes up only to be brought back down by flippers both cheers leaders and bashers.
Some want pps up so they can day trade, TTCM is not ready to reward flippers with fluffs updates.
BIEL has over 22 Billions OS and 25 Billions AS. How will a company survive this shares structures?
WOW. A lot bees waiting for flowers none stop year in year out.
Atacama Resources Acquires Kirkland Lake Gold Project
BY GlobeNewswire
— 9:30 AM ET 01/16/2020
-Historic diamond drill, gold intersections up to 7.02 g/t over 3.7 metres
-Two parallel gold zones, visible gold in core
-Excellent infrastructure and close to Kirkland Lake gold mining area
Image: Figure 1
Figure 1: Upper and Lower Gold Zones with gold intersections (Adapted from Ontario Assessment File 2.19047 32D05NE2009 Tannahill Project, Assessment Report on Diamond Drilling).
Image: Figure 2
Figure 2: Composite Longitudinal Section showing Diamond Drill Hole Pierce Points (Adapted from Ontario Assessment File 2.19047 32D05NE2009 Tannahill Project, Assessment Report on Diamond Drilling). Note: “V.G.” equals visible gold in the drill core.
PLANTATION, Fla., Jan. 16, 2020 (GLOBE NEWSWIRE) -- Atacama Resources International, Inc. ( ACRL ) (“Atacama”) is pleased to announce the acquisition of the Tannahill Gold Property located 35 kilometers northeast of the prolific Kirkland Lake Gold Camp in northeastern Ontario. The multi-year deal will provide Atacama with a 100% interest in the property subject to a 2% Net Smelter Return with a buyback option.
Past work on the Tannahill Gold Property (1998) has identified two parallel, gold bearing structures. The gold bearing structures (Lower Zone and Upper Zone), consist of pervasive quartz-carbonate-albite alteration with disseminated pyrite and variable quartz veining. The zones strike in a northeast/southwest direction and dip to the north at 60 degrees.
Of the 28 diamond drill holes drilled into the gold bearing zones, 27 intersected significant gold values. The Lower Zone has returned the higher gold grades to date, including visible gold in four holes, and seems to hold the greatest exploration potential. The Lower Zone shows continuity along strike and consistency in grade. It has been successfully intersected along 300 metres of strike length at the 25 and 50 metre levels, and remains open in both directions. Grades and widths above the 50 metre level are generally 0.35 to 3.25 g/t over widths ranging between 0.60 to 3.0 metres. At depth the zone widens significantly and gold grades increase dramatically (see Figure l and Figure 2). Three holes below the 75 metre level along 100 metres of strike length have excellent widths with higher gold grades:
5.16 g/t over 5.0 metres in T-96-9,
4.80 g/t over 5.00 metres in T-96-11, and
7.02 g/t over 3.7 metres in T-96-15.
Crews are presently on site to locate the old cut lines and drill hole casings. All of the core from the 1998 drill program is available for evaluation and further analysis.
Future work will include geophysical surveys, prospecting, geological mapping and eventual diamond drilling to expand the existing gold zones.
As stated by Colin Keith, President and CEO of Atacama, “We are very excited to start exploration on the Tannahill Gold Property. The recent increase in the price of gold has spurred a re-evaluation of known gold occurrences. Good gold grades and widths, the proximity of the Tannahill project to existing infrastructure, and just 35 kilometers from an existing gold mining area makes this project extremely attractive. This is another piece of the puzzle for our company and a key part of our continued development.”
*Note- Historical Exploration results that pre-date the adoption of NI 43-101 do not comply with current definitions prescribed by NI 43-101 or the Canadian Institute of Mining, and are disclosed only as indications of the presence of gold and possibly other minerals.
About Atacama Resources International ( ACRL
Loading...
Loading...
) (www.acrlintl.com)
Atacama Resources International ( ACRL
Loading...
Loading...
) is a publicly traded OTC Pink company with significant mining claims in the greater Kirkland Lake area of Northern Ontario. Metals and minerals under potential exploration include gold, silver, copper, graphite and cobalt.
Forward Looking Statements
Certain information set forth in this news announcement may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Atacama Resources International, Inc. ( ACRL
Loading...
Loading...
). Such forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management beliefs and certain assumptions made by its management. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Information concerning factors that could cause the Company's actual results to differ materially from those contained in these forward-looking statements can be found in the Company's periodic reports as filed on the OTC Markets . Unless required by law, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise to reflect future events or circumstances or reflect the occurrence of unanticipated events.
For more information please contact:
info@acrlintl.com
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/df790c7e-61a2-4107-b4c7-30a5d8cdb58a
https://www.globenewswire.com/NewsRoom/AttachmentNg/a90924ae-d637-4337-bee9-9c67f51b61fe
Image: ATACAMA.jpg
Source: Atacama Resources International, Inc. ( ACRL
Loading...
Loading...
)
MORE ACRL NEWS
Atacama Resources Announces Results of Magnetic and VLF-EM Surveys on Atacama 3 Property
GlobeNewswire - 9:15 AM ET 11/27/2019
Atacama Resources International, Inc. Eliminates All Outstanding Convertible Debt
GlobeNewswire - 9:15 AM ET 11/13/2019
Atacama Resources Announces Initial Exploration Plans
GlobeNewswire - 9:15 AM ET 11/04/2019
news out!
News
WORLDWIDE COMPLETES REORGANIZATION
WILLIAMSBURG,VA – January 7, 2020 – Worldwide Diversified Holdings, Inc. (OTC
PINK: WNTR) has previously announced that, in conjunction with the recent completion of the
acquisition of assets, the Board of Directors had approved a reverse stock split, subject to all
standard regulatory approvals. The Company received the requisite stockholder approval granting
the Board of Directors the authority to affect this reverse stock split of the Company's issued and
outstanding common stock. FINRA has completed its review and the change became effective
January 3, 2020. The stock will trade under the symbol WNTRD for a period of twenty trading
days after which it will continue to trade under the symbol WNTR.
The reverse stock split has automatically combined shares of the Company's common stock and
any common stock to be issued upon conversion of all outstanding convertible preferred into
issued and outstanding share without any change in the par value of the shares. The company is
anticipating that completing the reorganization provide for the Company to list on a major
exchange and receive additional capital.
No fractional shares will be issued in connection with the reverse stock split. Any fractional
shares of the Company's common stock that would have otherwise resulted from the reverse
stock split will be rounded up to the nearest whole share post-split basis. No action is required of
the shareholders relative to affecting this reverse stock split. The Reverse Split uniformly affects
all issued and outstanding shares of the Company's common stock.
The Reverse Split will not alter any stockholder's percentage ownership interest, except to the
extent that the Reverse Split requires the issuance of additional shares for rounding purposes.
The reverse stock split will not change the total number of shares of common stock or preferred
stock authorized for issuance by the Company. Additionally, the par value of the Company’s
common stock will not be effected. The new CUSIP Number is 98161N 405.
Shareholders owning shares through a broker or other nominee will have their positions
automatically adjusted to reflect the reverse shares split and will not be required to take any
action in connection with the reverse share split. The reverse stock split would not have any
impact on the voting and other rights of stockholders and will have no impact on the Company's
business operations or any of its outstanding indebtedness.
The Company will update stockholders for the year ending December 31, 2019 and intends to file
its Annual Report by January 31,2019. The company expects the earnings to be in line with
previous projections of $4m in revenue and $500,000 EBITDA. The company is expecting to
grow to $10m in revenues and $2m EBITDA for 2020. There are additional potential
acquisitions that could significantly increase the proforma earnings in 2020.
322 North Henry Street, Williamsburg, Virginia 23185. Phone: 757-707-4563
www.wdhinc.net
About Worldwide Diversified Holdings, Inc.
Worldwide Diversified Holdings, Inc. (OTC: WNTR) (www.wdhinc.net
diversified holding company with business operations and investments.
The company is a
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 forwardlooking statements speak only as of the date of this press release.
Contact:
Frank Kristan
frank@wdhinc.net
Phone/Fax: (757) 707-4563
322 North Henry Street, Williamsburg, Virginia 23185. Phone: 757-707-4563
News
WORLDWIDE COMPLETES REORGANIZATION
WILLIAMSBURG,VA – January 7, 2020 – Worldwide Diversified Holdings, Inc. (OTC
PINK: WNTR) has previously announced that, in conjunction with the recent completion of the
acquisition of assets, the Board of Directors had approved a reverse stock split, subject to all
standard regulatory approvals. The Company received the requisite stockholder approval granting
the Board of Directors the authority to affect this reverse stock split of the Company's issued and
outstanding common stock. FINRA has completed its review and the change became effective
January 3, 2020. The stock will trade under the symbol WNTRD for a period of twenty trading
days after which it will continue to trade under the symbol WNTR.
The reverse stock split has automatically combined shares of the Company's common stock and
any common stock to be issued upon conversion of all outstanding convertible preferred into
issued and outstanding share without any change in the par value of the shares. The company is
anticipating that completing the reorganization provide for the Company to list on a major
exchange and receive additional capital.
No fractional shares will be issued in connection with the reverse stock split. Any fractional
shares of the Company's common stock that would have otherwise resulted from the reverse
stock split will be rounded up to the nearest whole share post-split basis. No action is required of
the shareholders relative to affecting this reverse stock split. The Reverse Split uniformly affects
all issued and outstanding shares of the Company's common stock.
The Reverse Split will not alter any stockholder's percentage ownership interest, except to the
extent that the Reverse Split requires the issuance of additional shares for rounding purposes.
The reverse stock split will not change the total number of shares of common stock or preferred
stock authorized for issuance by the Company. Additionally, the par value of the Company’s
common stock will not be effected. The new CUSIP Number is 98161N 405.
Shareholders owning shares through a broker or other nominee will have their positions
automatically adjusted to reflect the reverse shares split and will not be required to take any
action in connection with the reverse share split. The reverse stock split would not have any
impact on the voting and other rights of stockholders and will have no impact on the Company's
business operations or any of its outstanding indebtedness.
The Company will update stockholders for the year ending December 31, 2019 and intends to file
its Annual Report by January 31,2019. The company expects the earnings to be in line with
previous projections of $4m in revenue and $500,000 EBITDA. The company is expecting to
grow to $10m in revenues and $2m EBITDA for 2020. There are additional potential
acquisitions that could significantly increase the proforma earnings in 2020.
322 North Henry Street, Williamsburg, Virginia 23185. Phone: 757-707-4563
www.wdhinc.net
About Worldwide Diversified Holdings, Inc.
Worldwide Diversified Holdings, Inc. (OTC: WNTR) (www.wdhinc.net
diversified holding company with business operations and investments.
The company is a
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 forwardlooking statements speak only as of the date of this press release.
Contact:
Frank Kristan
frank@wdhinc.net
Phone/Fax: (757) 707-4563
322 North Henry Street, Williamsburg, Virginia 23185. Phone: 757-707-4563
Sad 1:50000 ?????
Hello in this house, is someone home
Hope we have details soon enough. More than five years here.
But is current in fillings and Anthony's letter to back it up. Over $83 millions in Assets. Something positive might come out I believe.
You are right.
News out!
BioNovelus, Inc. Announces Additions to its Finance Team
BY GlobeNewswire
— 9:00 AM ET 12/17/2019
POTOMAC, Md., Dec. 17, 2019 (GLOBE NEWSWIRE) -- BioNovelus, Inc. ( ONOV
Loading...
Loading...
) announces two additions to its finance team.
BioNovelus ( ONOV
Loading...
Loading...
) hired KBL, LLP of New York, NY (www.kbl.com) to serve as the company’s outsourced accountant for SEC and PCAOB purposes. KBL’s firm specializes in providing PCAOB compliant accounting services to publicly traded companies.
Also, BioNovelus ( ONOV
Loading...
Loading...
) hired Laura McInerney and her team at Turn Key Office (www.turnkeyoffice.net) as the company’s primary bookkeeper. Laura brings over 20 years of professional experience providing bookkeeping and related office management services to BioNovelus ( ONOV
Loading...
Loading...
).
“BioNovelus is pleased to add these two excellent firms to our finance team,” said Mark Fuller, President and CEO of BioNovelus ( ONOV ). “They position us for our next stage of growth as a public company as we look toward 2020 and, ultimately, a Nasdaq listing.”
Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Contact:
Mark Fuller, President & CEO
mcfuller79@gmail.com
301-461-1839
Cramps? need anti inflammatory agents for pain.
Hey News out!!!
All will be well. There is nothing we can do now but wait for January 2020.
Something good might come out finger crossed!
Trying to buy more myself. This look legit with all current fillings and the known. Been here since 2014.
news out!
What news sir?
Adoption on the rise.