Worldwide Financial Holdings Announces Final Approval of 15 for 1 Forward Split
March 1, 2001
OREM, Utah, Mar 1, 2001 (BUSINESS WIRE) -- Worldwide Financial Holdings Inc. (OTCBB: WWFI) Thursday announced the approval from the board of directors and its majority shareholders for a 15 for 1 forward split.
The forward split's effective date is to be forthcoming.
After significant discussion, and further consideration, the board of directors, along with the company's majority shareholders have deemed it to be in the best interest of the company to forward split the company stock at the rate of 15-1.
This allows the company to meet all its previous objectives while still providing additional shares of stock for future growth strategies, in addition to providing an outstanding investment opportunity for the smaller investment community.
WWFI intends to position itself to take full advantage of a multi-billion dollar industry, with state-of-the-art technology, that will bring broadband access to many communities throughout the United States.
Further information pertaining to WWFI's future plans, technology, and executive management will be forthcoming.
