NEW YORK, NY - via eTeligis (Feb 28, 2014) - Worldwide Internet, Inc. (OTC Pink: WNTR) announced today that it has formed Green Company Holdings, Inc., a Colorado Corporation (www.thegreenfund.us) for a diversified portfolio of investments in the hemp and medical marijuana sectors.
The company has made an initial $1,000,000 investment through its Series C Preferred Shares and intends to add at least an additional ten companies to the fund from the 90 potential companies that would form the basis of a diversified portfolio. Once the fund is completed the company intends to list The Green Fund as a separately publicly trading vehicle that will provide shares to be available for distribution to shareholders.
Frank Kristan, President of Worldwide Internet, Inc. stated that:
"We are pleased to announce the formation of The Green Fund and look forward to working with the company to further develop a diversified portfolio of qualified small cap public companies in the emerging hemp and medical marijuana sectors."
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 The Green Fund
The Green Fund (www.thegreenfund.us) is a comprehensive group of qualified Small Cap Public Companies in the Emerging Hemp and Medical Marijuana Sectors that strives to bring up to date Actionable Investment Intelligence on the pulse of these rapidly growing industries.
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:
Worldwide Internet, Inc.
Frank Kristan
frankkristan@worldwideinternetinc.com
Phone/Fax: (206) 984-3470
SOURCE: Worldwide Internet, Inc.
Associated Documentation:
Link to submission on http://www.eteligis.com
WNTR_2-28-14_PAP_ETL.docx
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