NEW YORK, NY - (NewMediaWire) - October 08, 2015 - Worldwide Diversified Holdings, Inc. (OTC PINK: WNTR) ("Worldwide"), a company focused on making investments to diversify its business operations and holdings, released the following update for shareholders.
I-Texts, Inc. (www.itextsinc.net) recently attended the Blackbaud Partner Summit in Charleston, South Carolina. I-Texts is a technology partner in the recently launched Blackbaud Market Place (www.blackbaud.com). I-Texts also intends to participate at the Blackbaud Conference for the Philanthropic Community to be held in Austin, Texas from October 26 to October 28, 2015 (http://bbconference.com). The dividend to Worldwide shareholders of the I-Texts shares is currently being processed and the company will announce when the distribution will be made to Worldwide shareholders.
GCHI Green Company Holdings, Inc. ("GCHI") (www.thegreenfund.us) is currently working on engaging investment bankers to assist with a capital raise and its proposed listing. Its portfolio company Pamlico Energy Park is increasing its capacity and is amending its application with Dominion Power (www.dom.com) that it is currently projected to be approved to connect with the grid in the fourth quarter. When the energy park is complete the company has previously announced that it intends to dividend proceeds from the Pamlico Energy Park investment.
The company has been working on additional financing to implement its previously announced buyback in addition to evaluating other options to increase shareholder value.
Frank Kristan, President of Worldwide Diversified Holdings, Inc., stated, "We would like to thank our investors and shareholders for their continued interest and patience as we continue to build a diversified holding company that will help to ensure our long term and sustained success. We continue to focus on building our asset base and increasing our revenues and believe we will grow the company further as we close additional transactions this year."
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.