Worldwide Internet, Inc. (OTC Pink: WNTR) (PINKSHEETS: WNTR) ("Worldwide") announced today that the company has entered into a Letter of Intent with Green Rush Advisory Group LLC (www.green-rush.us) to participate with Worldwide and Green Company Holdings in The Green Fund (www.thegreenfund.us).
The Mission of the Green Rush Advisory Group ("Green Rush") is to facilitate commerce for American marijuana enterprise. The company helps stakeholders in the legal recreational and medical marijuana industries start-up, properly license and profitably run marijuana businesses that are 100% compliant with state and local rules.
Green Rush services include Independent Strain Acquisition (ISA) agents who secure preferred pricing and stabilized access to strain-specific inventory requested by marijuana dispensaries and retailers. Green Rush helps retailers and dispensaries lockdown supply-chain relationships that prevent inventory volatility, enhance customer loyalty and increase profitability.
The companies will work together to develop a nationwide database for industry regulations and incentives. The companies will also work together to establish a media portal for videos, articles and magazines for the industry. In addition the parties will work together to identify a diversified portfolio of potential investments for The Green Fund.
Frank Kristan, President of Worldwide Internet, Inc. stated that:
"We see this as an opportunity to further develop advisory services for companies in the medical marijuana industry. We continue to add companies to our fund and look forward to additional transactions in the near future."
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 Green Rush Advisory Group LLC
Green Rush Advisory Group LLC ("Green Rush") (www.green-rush.us) facilitates commerce for American marijuana enterprises. Green Rush helps stakeholders in the legal recreational and medical marijuana industries start-up, properly license and profitably run marijuana businesses that are 100% compliant with state and local rules.
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:
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_4-16-2014_MEL_ETL.docx
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