NEW YORK, NY - (NewMediaWire) - December 30, 2015 - Worldwide Diversified Holdings, Inc. (OTC PINK: WNTR) ("Worldwide") updates its shareholders for the year ending December 31, 2015.
Worldwide continues to work with GCHI Green Company Holdings, Inc. to provide for a liquidity event for shareholders for the dividend they have previously received from the company.
The company is working on issuing the dividend of I-Texts, Inc. common stock to shareholders and expects it to be completed in the first quarter of 2016.
Worldwide has previously acquired certain assets from Ludvik Holdings, Inc. It was recently announced that Ludvik Holdings, Inc. has acquired a majority interest in an Information Technology company. The company is in negotiations with Ludvik Holdings, Inc. to acquire an interest in the IT company to provide for a dividend to shareholders in 2016.
The company recently announced a tender offer to acquire up to 2,000,000,000 of its company common shares at price of $0.01 per share. The offer was to expire on December 31, 2015. The company has been unable to co-ordinate with Depository Trust Company ("DTC") for electronic submissions. The company has amended the offer to a Dutch Auction Tender Offer to all holders of Worldwide Diversified Holdings, Inc. Common Stock to purchase up to 2,500,000,000 of the shares at a price not less than $0.0001 nor greater than $0.01. The offer has been extended until January 29, 2016. Shareholders that have their shares in brokerage accounts will be required to request physical certificates in order to tender the shares in the offer. The company has filed the tender documents with OTC Markets and they are available to shareholders to download.
Frank Kristan, President of Worldwide Diversified Holdings, Inc., stated that:
"We continue to work to benefit shareholders by continuing to focus on building our asset base, increasing our revenues and providing dividends. We have overcome some challenges in 2015 and we are excited about growing the company further as we close additional transactions in 2016."
About Worldwide Diversified Holdings, Inc.
Worldwide Diversified Holdings, Inc. (OTC PINK: WNTR) (www.wdhinc.com) is a diversified holding company with business operations and investments.
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.