Houston Natural Resources Corp (HNRC)

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https://backend.otcmarkets.com/otcapi/company/dns/news/document/37471/content

WORLDWIDE COMPLETES ACQUISTION OF ASSET PORTFOLIO

WILLIAMSBURG,VA – August 3, 2019 – Worldwide Diversified Holdings, Inc. (OTC PINK: WNTR) announced today that it is has completed the acquisition of a diversified portfolio of assets from Ludvik Holdings, Inc.

The company issued 10,000,000 shares of Series C Preferred Shares, with a stated value of $5.00 per share, in exchange for the assets effective August 3, 2019. The shares will provide an 8%pa annual dividend and are convertible into common shares. The company will also assume the liabilities that are associated with the assets. The acquisition is expected to add up to $10 million in additional revenue with earnings of up to $2 million per year.

Since the transaction has been completed the company intends to have a broker dealer initiate trading of the $5.00 Series C Preferred Shares with the filing of a Form 211 under Rule 15c2-11.

The company is evaluating a share restructuring that would provide for an increase in the share price for existing shareholders.

The company continues to create long term shareholder value through the acquisition of assets.

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
[e-mail]
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