Worldwide NFT Inc (WNFT)

[FEARANDGREED]

With a direct link: Worldwide NFT, Inc. Provides Shareholder Update
https://www.otcmarkets.com/filing/html?id=15940639&guid=iYU-kFsEBNdfJth



Worldwide NFT, Inc. (OTCMKT: WNFT), provides the following update to the company’s shareholders.



With the completion of the company’s name change and forward split, WNFT is now awaiting the conclusion of the court proceedings with former officer, Warwick Calasse. Mr. Calasse has appealed the lower court’s rulings regarding the cancellation of shares, previously issued to him, to the Nevada Supreme Court. While the company is confident that the rulings will be upheld, it is unlikely that the company can enter into any acquisition or reverse merger agreement during the course of this litigation. As such, no such transactions can be deemed to be pending.



WNFT reminds shareholders and prospective investors to rely only on the company’s statements and NOT the musings of unrelated parties regarding any transaction or other company event.

WNFT has entered into an agreement with Forwardly, Inc. (OTCMKT: FORW), whereby Forwardly will purchase an WNFT warrant providing the right to purchase 5 million WNFT warrant shares at $.32 per warrant share. The warrant must be exercised either in full or in part within two years of issuance. Forwardly will pay WNFT $200,000 for this warrant. Mr. Sharp is the CEO of both WNFT and Forwardly.

WNFT is in the process of negotiating up to $5 million in equity financing to be used as operational capital by successful acquisition or reverse merger targets.