WNTR....PR NEWS RELEASE THIS EVENING!!!.... > WORLDWIDE TO ACQUIRE EMPLOYEE LEASING COMPANY
Dec 04, 2013
OTC Disclosure & News Service
Williamsburg, VA -
PRESS RELEASE
____________________________________________________________________________
FOR IMMEDIATE RELEASE
December 4, 2013
WORLDWIDE TO ACQUIRE EMPLOYEE LEASING COMPANY
NEW YORK, NY, DECEMBER 4, 2013 ? Worldwide Internet, Inc. (OTC Pink: WNTR) announced today that it has entered into a Letter of Intent to acquire an employee leasing company to be based in the United States and Europe. The company?s revenues for 2014 will be in excess of $100m and provide earnings of least $5m in 2014.
The company currently has 800 contractors that primarily provide services to the oil and gas industry. The company pays the wages, handles taxes and managing benefits for that employee. It is dedicated to providing tax efficient services for consultants, contractors and employees.
Frank Kristan, President of Worldwide Internet, Inc stated that:
"We believe this acquisition will provide significant revenue and earnings for 2014. The transaction is expected to close in the first quarter of 2014. We are executing on our business plan and focused on increasing shareholder value and providing distributions to shareholders."
Worldwide Internet, Inc. is currently trading on the OTC Markets (www.otcmarkets.com) under the trading symbol WNTR.
About Worldwide Internet, Inc.
Worldwide Internet, Inc. (OTC: WNTR) (www.worldwideinternetinc.com) is in the business of developing technology for internet datacenter services and emergency notifications to the public. The company is focused on making investments to diversify its business operations and holdings.
AI
