Followers | 8 |
Posts | 388 |
Boards Moderated | 0 |
Alias Born | 01/31/2014 |
Wednesday, May 18, 2016 10:07:10 AM
NEW YORK, NY -- (Marketwired) -- 05/18/16 -- Worldwide Diversified Holdings, Inc. (OTC PINK: WNTR) announced today results for the quarter ending March 31, 2016.
The company total assets increased to $34,222,374 for the period ending March 31, 2016 as compared to $33,905,556 for the same period ending March 31, 2015.
The company net income increased by 115% to $158,794 for the period ending March 31, 2016 from $73,580 in net income for the same period ending March 31, 2015.
The company asset value was $0.01c per share for the period ending March 31, 2016.
The company has previously announced a Tender Offer to acquire up to 2,000,000,000 of its company common shares at price of $0.0001 to $0.01 per share. The company has extended the offer until June 30, 2016. The company is evaluating other ways 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 also evaluating proposals for its listing on other exchanges to realize its asset value and expects the decision to be made by June 30, 2016.
About Worldwide Diversified Holdings, Inc.
Worldwide Diversified Holdings, Inc. (OTC: WNTR) (www.wdhinc.com) is focused on making acquisitions of business operations and investments in a diversified holding company.
Recent HNRC News
- HOUSTON NATURAL RESOURCES CORP UPDATES SHAREHOLDERS • InvestorsHub NewsWire • 10/05/2023 11:14:08 AM
- Will Shares Pop on News of a 10% Acquisition of this Copper Miner? • AllPennyStocks.com • 08/14/2023 01:40:00 PM
- HNRC ACQUIRES 100% INTEREST IN CUNNINGHAM ENERGY LLC Increasing HNRC's Net Asset Value $3.35 Per Share • InvestorsHub NewsWire • 07/12/2023 11:17:53 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM