WNTR down 40% at 52 weeks low. This is a buy now.
Post# of 29735
On Friday the company announced:
-- The company is now receiving investment income and is profitable for
the first six months since it began to change its business model to a
diversified holding company.
-- The transaction to acquire the assets of Ludvik Holdings, Inc. has
been completed subject to the issuance of a Promissory Note.
-- The company has received commitments to finance the payment of
outstanding loans and liabilities expected to be completed in the
fourth quarter.
Frank Kristan, President of Worldwide Internet, Inc., stated that:
"We continue to make progress on the transition to a diversified
holding company. Our third quarter results show that we have been
able to become profitable in a short period of time and we intend to
be debt free by the end of the year that would enable us to make
distributions to shareholders in 2014. This continues our overall
strategy to increase shareholder value and provide for distributions
to shareholders."