The company also announced it has received a funding commitment for $10,000,000 to be completed or before June 30, 2014. The company has commenced the process to list the Green Company Holdings, Inc. (www.thegreenfund.us) in the third quarter of this year.
The Green Fund has commitments and letters of intent for cash and/or securities in exchange for their interest in The Green Fund. The Green Fund will have its own independent legal counsel and auditors and will be a separate publicly trading stock.
Frank Kristan, President of Worldwide Internet, Inc., stated that:
"We are pleased to announce our first dividend as part of our ongoing strategy to increase shareholder value and provide additional liquidity for the investors. We appreciate the ongoing support from our shareholders and look forward to continuing the progress we have made to date."
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 you up to date Actionable Investment Intelligence on the pulse of these rapidly growing industries.
About Worldwide Internet, Inc.
Worldwide Internet, Inc. (OTC Pink: WNTR) (PINKSHEETS: WNTR) (www.worldwideinternetinc.com). The company is now 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
SOURCE: Worldwide Internet, Inc.
Associated Documentation:
Link to submission on http://www.eteligis.com
WNTR_05-21-2014_MEL_ETL.docx
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