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Friday, August 14, 2015 10:36:49 AM
NEW YORK, NY -- (Marketwired) -- 08/14/15 -- Worldwide Diversified Holdings, Inc. (OTC PINK: WNTR) announced record results for the second quarter ending June 30, 2015.
The company's net assets have increased to $34,211,730 for the period ending June 30, 2015 as compared to $33,718,349 or the same period ending June 30, 2014.
The company's total revenues have increased to $491,957 for the period ending June 30, 2014 from $294,857 in revenues for the same period ending June 30, 2014.
The company's net asset value is $0.01c per share for the period ending June 30, 2015.
The company recently announced a tender offer to acquire up to 2,000,000,000 of its company common shares at price of $0.01 per share. The offer was to expire on August 14, 2015. The company has extended the offer until September 14, 2015 to provide for the transfer agent to become the depository agent and to co-ordinate with Depository Trust Company ("DTC"). If the Company is unable to provide for electronic submissions and obtain financing it will evaluate other options to increase shareholder value to realize the company's net asset value The company has received, as of August 14, 2015, a total of 189,333,400 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.
Frank Kristan, President of Worldwide Diversified Holdings, Inc. stated that:
"We continue to work on creating a diversified holding that will benefit shareholders and we are pleased with the progress we are making in executing on our business model. We continue to focus on building our asset base and increasing our revenues. We believe we will grow the company further as we close additional transactions this year."
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