SOURCE: Worldwide Food Services, Inc.
December 22, 2009 09:45 ET
Worldwide Food Services (WFSV) Company Update - 100% DEBT FREE
BORDENTOWN, NJ--(Marketwire - December 22, 2009) - WORLDWIDE FOOD SERVICES, INC. (Worldwide
Food Services) (PINKSHEETS: WFSV) announced today that, having done a
thorough research of the corporate records dating back to 1987, the Company
is 100% DEBT FREE. All debt conversions and convertible debentures have
been settled and no warrants exist. There is only one option plan in
existence. That stock price is at $0.25, Twenty Five cents, a share and
must be approved by the Board of Directors on a case by case basis. The
Company owes no suppliers or manufacturers; inventories that are held have
all been paid for in full.
For further information about this release, contact Rich Kaiser, Investor
Relations, YES INTERNATIONAL, #800-631-8127 and/or www.wwfoodservices.com.
Safe Harbor statement under the Private Securities Litigation Reform Act of
1995: Certain information contained in this release contains
forward-looking statements that involve risk and uncertainties, including
but not limited to, those relating to development and expansion activities,
domestic and global conditions, and market competition.