NEW YORK, NY -- (Marketwired) -- 02/21/14 -- Worldwide Internet, Inc. (OTC Pink: WNTR) announced today that the company has completed the acquisition of a 20% interest in Hemp Market Watch (www.hempmarketwatch.com).
The company will issue 200,000 shares of its Series C Preferred Share with a stated value of $5 per share for the interest in Hemp Market Watch. Hemp Market Watch has identified 90 potential companies that would form the basis of a diversified portfolio in the form of a Green Fund.
Frank Kristan, President of Worldwide Internet, Inc. stated that:
"We are pleased to announce the completion of the transaction and look forward to working with the company to further develop a central source for accurate and updated information on the industry while identifying companies that may provide additional value for our shareholders. We have a business model of diversifying our portfolio to increase shareholder value and provide dividends to shareholders."
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 Hemp Market Watch
Hemp Market Watch (www.hempmarketwatch.com) is focused on developing an informational portal for the Marijuana Industry that will provide for updated and accurate information being available to the public.
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