Worldwide Completes Transaction With Hemp Market Watch
February 21 2014 - 10:15AM
Marketwired
Worldwide Completes Transaction With Hemp Market Watch
NEW YORK, NY--(Marketwired - Feb 21, 2014) - Worldwide Internet,
Inc. (OTC Pink: WNTR) announced today that the company has
completed the acquisition of a 20% interest in Hemp Market Watch
(www.hempmarketwatch.com).
The company will issue 200,000 shares of its Series C Preferred
Share with a stated value of $5 per share for the interest in Hemp
Market Watch. Hemp Market Watch has identified 90 potential
companies that would form the basis of a diversified portfolio in
the form of a Green Fund.
Frank Kristan, President of Worldwide Internet, Inc. stated
that:
"We are pleased to announce the completion of the transaction
and look forward to working with the company to further
develop a central source for accurate and updated information on
the industry while identifying companies that may provide
additional value for our shareholders. We have a business model of
diversifying our portfolio to increase shareholder value and
provide dividends to shareholders."
About Worldwide Internet, Inc. Worldwide Internet, Inc. (OTC
Pink: WNTR) (www.worldwideinternetinc.com). The company is now
focused on making acquisitions of business operations and
investments to create a diversified holding company.
About Hemp Market Watch Hemp Market Watch
(www.hempmarketwatch.com) is focused on developing an informational
portal for the Marijuana Industry that will provide for updated and
accurate information being available to the public.
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 frankkristan@worldwideinternetinc.com
Phone/Fax: (206) 984-3470