Houston Natural Resources Corp (HNRC)

[scottydoesntknow]

WORLDWIDE REPORTS YEAR END RESULTS

Apr 04, 2016

OTC Disclosure & News Service

Williamsburg, VA -

FOR IMMEDIATE RELEASE

April 4, 2016

WORLDWIDE REPORTS YEAR END RESULTS

 

NEW YORK NEW YORK, April 4, 2016 – Worldwide Diversified Holdings, Inc. (OTC Pink: WNTR) announced today record results for the year ending December 31, 2015.

 

The company total assets increased to $34,216,544 for the period ending December 31, 2015 as compared to $34,027,853 for the same period ending December 31, 2014.

 

The company total revenues increased by 41% to $1,257,262 for the period ending December 31, 2015 from $886,928 in revenues for the same period ending December 31, 2014.

 

The company asset value was $0.01c per share for the period ending December 31, 2015.

 

The company also announced that it has extended the Dutch Tender Offer until June 30, 2016, to continue to buy back shares to increase shareholder value. The company has received, as of March 31, 2016, a total of 202,821,950 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. The company is implementing this strategy to reduce the amount of shares outstanding without having to do a reverse split of its stock.