NEW YORK, Aug. 02, 2017 (GLOBE NEWSWIRE) -- World Health Energy Holdings (OTC PINK:WHEN), a diversified Software, Energy and Financial company www.worldhealthenergy.com, www.whentrade.com announced today that it will be setting up for its businesses 3 new public company subsidiaries by means of spinoff and/or acquisition.
As WHEN is a holding company, Management have decided that it will create for its businesses and acquisitions 3 new public company subsidiaries. Each company will have its own focused business corporate image and management and will trade on a public exchange with its own symbol and independent market value. WHEN will remain as a holding company benefiting from the asset value of the shares trading on their exchanges and any earnings/dividends. Shareholders can anticipate receiving at least 1 dividend of shares in the coming 12 months.
The 3 WHEN businesses are/will be
- General Software Development Company. First product to market is an Instant App builder; acquisition, app name, details and website to be announced within 30 days; App Builder Product launch expected in 30-60 days
- A financial online service and software company including WHEN 1 Bank software. See www.whentrade.com
- A green energy company utilizing Algae Tech. See www.whengreenenergy.com
WHEN CEO Mr. Uri Tadelis said that, "We at WHEN are excited to build the company asset value, increase shareholder value and look forward to announce WHEN's first dividend within 12 months."
WHEN Trade www.whentrade.com is a WHEN company focused on software and security software for banks, online transactions and bank cards and will also provide live customer accounts.
Investor Database for Future Press Releases and Industry Updates
Interested investors and shareholders are invited to be added to the corporate e-mail database for corporate press releases and periodic industry updates by sending an e-mail to info@worldhealthenergy.com.
About World Health Energy Holdings (www.worldhealthenergy.com)
World Health Energy Holdings, Inc. (WHEN) is a diversified energy, health and financial software company.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. WHEN has great potential but is not yet generating revenues. Although forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subjected to known, unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements, including but not limited to our ability to maintain our website and associated computer systems, our ability to generate sufficient market acceptance for our products and services, our ability to generate sufficient operating cash flow, and general economic conditions. Readers are urged to carefully review and consider the various disclosures made by us in our reports filed with the Securities and Exchange Commission from time to time which attempt to advise interested parties of the risks and factors that may affect our business, financial condition, results of operation and cash flows. If one of more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.