WORLDWIDE ISSUES DIVIDEND
01 August 2014 - 12:51AM
InvestorsHub NewsWire
WORLDWIDE ISSUES
DIVIDEND
NEW
YORK, NEW YORK - July
31, 2014 - InvestorsHub NewsWire -
Worldwide Internet, Inc. (OTC Pink:
WNTR) ("Worldwide") confirmed today that it has issued the
dividend to shareholders of record on June 30,
2014.
The
company formed GCHI Green Company Holdings, Inc. (“GCHI”) in New
Brunswick, Canada and transferred to GCHI, its 100% interest in
Green Company Holdings, Inc. a Colorado corporation, 50% interest
in Pamlico Energy, 20% interest in Greener Wind Solutions, Inc, 10
% interest in Hemp MarketWatch, 5% interest in E3 Services and
Solutions and its marketing agreements with Singlepoint and
Responsibill.
GCHI is a diversified holding
company created to develop companies in the medical marijuana
industry and projects in green technologies and renewable energies.
GCHI is currently developing a diversified portfolio of companies
in this sector and evaluating additional companies for
participation.
The
dividend was payable to Worldwide shareholders of record on June
30, 2014 who receive one share of GCHI for every 100 shares of
Worldwide. Under Canadian Securities Law the shares can be
registered for trading after 120 days. GCHI intends to list the
shares for trading on the Canadian Securities Exchange (“CSX”) in
the fourth quarter of this year. GCHI is currently applying for its
ISIN number and then will apply for eligibility for electronic
trading of the securities before filing its CSX listing
application.
GCHI
has appointed Les Barber as its Director and President based in
Hamilton. Les
is an experienced executive working with Small and Mid-Cap Public
Companies in Mergers and Acquisitions and International Investor
Relations. He is also experienced with Electronic Media/Social
Networking Marketing and Sales Branding for Internet, Direct Mail
& Email Marketing campaigns. He has more than 30 years of
experience in the Entertainment Business
Marketing and International, National
and Local Entertainment Business
Relationships.
GCHI
has also appointed Integral Transfer Agency, based in Toronto,
Canada as its transfer agent for the issuance of the shares and
other shareholder services. Worldwide shareholders who currently
hold physical certificates will receive physical GCHI certificates.
Worldwide shareholders who currently hold shares at brokerage firms
will receive their shares electronically in their accounts, when
GCHI has received its ISIN and its eligibility for electronic
deposits for brokerage firms. The process is expected to be
completed in the next 30 days.
Frank
Kristan, President of Worldwide Internet, Inc., stated
that:
"We
continue to execute on our business plan to provide diversified
holdings to create value for our shareholders through dividends and
asset growth. GCHI is our first dividend in our previously
announced policy to pay quarterly
dividends.”
About
Worldwide Internet, Inc.
Worldwide Internet, Inc. (OTC Pink:
WNTR) (PINKSHEETS:
WNTR) (www.wdhinc.com). The company
is focused on making acquisitions of business operations and
investments to create a diversified holding
company.
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