Spokane, WA, May 09, 2009 --(PR.com
)-- Worldwide Internet, Inc. (Pink Sheets: wntr) (the 'Company') announced today the
The Board of Directors of Worldwide Internet, Inc, (the “Company”) has approved a name change to Worldwide Internet, Inc. and a reverse stock split with a ratio of 1 share for 1,000 shares with an effective date of May 8, 2009.
Darrell McDowell will assume the duties of President /CEO and Chairman.
Worldwide Internet, Inc is a nationwide provider of dial-up Internet services to both wholesale and retail customers.
This press release contains certain 'forward-looking statements' within the meaning of federal securities laws including the use of the words 'expect,' 'anticipate,' 'estimate,' 'project,' 'forecast,' 'outlook,' 'target,' 'objective,' 'plan,' 'goal,' 'pursue,' 'on track,' and similar expressions. Although the Company believes that the statements were reasonable when made, these forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of our products and services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management or increased government regulation.
Source: Worldwide Internet, Inc.