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Thursday, October 08, 2015 10:17:00 AM
NEW YORK, NY -- (Marketwired) -- 10/08/15 -- Worldwide Diversified Holdings, Inc. (OTC PINK: WNTR) ("Worldwide"), a company focused on making investments to diversify its business operations and holdings, released the following update for shareholders.
I-Texts, Inc. (www.itextsinc.net) recently attended the Blackbaud Partner Summit in Charleston, South Carolina. I-Texts is a technology partner in the recently launched Blackbaud Market Place (www.blackbaud.com). I-Texts also intends to participate at the Blackbaud Conference for the Philanthropic Community to be held in Austin, Texas from October 26 to October 28, 2015 (http://bbconference.com). The dividend to Worldwide shareholders of the I-Texts shares is currently being processed and the company will announce when the distribution will be made to Worldwide shareholders.
GCHI Green Company Holdings, Inc. ("GCHI") (www.thegreenfund.us) is currently working on engaging investment bankers to assist with a capital raise and its proposed listing. Its portfolio company Pamlico Energy Park is increasing its capacity and is amending its application with Dominion Power (www.dom.com) that it is currently projected to be approved to connect with the grid in the fourth quarter. When the energy park is complete the company has previously announced that it intends to dividend proceeds from the Pamlico Energy Park investment.
The company has been working on additional financing to implement its previously announced buyback in addition to evaluating other options to increase shareholder value.
Frank Kristan, President of Worldwide Diversified Holdings, Inc., stated, "We would like to thank our investors and shareholders for their continued interest and patience as we continue to build a diversified holding company that will help to ensure our long term and sustained success. We continue to focus on building our asset base and increasing our revenues and believe we will grow the company further as we close additional transactions this year."
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