Frequently Asked Questions

How does the change of control affect common shareholders ?

Common shareholders are not affected by the change of control. Aruna Holdings LLC has acquired the SURY Series A Preferred shares that provide for majority voting control of the company. This provides for an 80% interest in the company.

How does this affect the preferred shareholders ?

SURY Series B, C, D and E shareholders are not affected by the change of control.

Who is Aruna Holdings LLC ?

Aruna Holdings LLC has diverse and associated business interests in health and wellness, real estate, hospitality, oil and gas, alternative energy and data center development sectors.

Who are the new members of the board of directors ?

The Company’s new Board of Directors is led by seasoned businessman and Chairman Manish Patel. Mr. Patel is joined by Director and new Chief Executive Officer, Hemal Rathod, a former banker and successful businessman and entrepreneur, and Director Frank Kristan, who will provide continuity to the Company’s past operations and organization.

Who is the new management team ?

SURY’s new Management Team is comprised of industry veterans from the energy, healthcare, hospitality, banking and legal industries with expertise in emerging and established markets,  The Company’s President, Michael R. Gavenchak, is a former practicing attorney, business owner, and experienced operational executive. Ryan Cuningham, with over 20 years’ experience in the oil and gas industry, will continue as General Manager of the Company’s subsidiary, Cunningham Energy LLC.

What is the new name of the company ?

The Company’s new name has been changed to Surya Oil & Gas Corp in the State of Nevada. The name and symbol change review has been completed by FINRA review. It plans to register with existing oil and gas partners in India to provide for energy trading and investment opportunities in 2026.

What are the advantages for the company in the transaction ?

With Aruna Holdings’ participation comes its association with Surya. Surya developed and administers its proprietary Kubera™ technology around the World. Surya’s Kubera™ technology provides cutting-edge hydrocarbon detection with far better effectiveness than any other technology available, redefining drilling efficiency with the success rates for new well drilling at an impressive up to 95% effectiveness.

The Company is working with Aruna Holdings, LLC on investment commitments of up to $1 billion with $50 million earmarked for the development of existing and new wells under Cunningham Energy, LLC (“Cunningham”) in West Virginia, Texas and other states.

With Aruna Holdings LLC participation comes a strong relationship with potential Indian investors and Indian buyers of United States Oil and Gas.  India’s Foreign Secretary Vikram Misri said India’s energy purchases from the U.S. could increase from last year’s $15 billion to $25 billion in the near future. The acquisition comes at a pivotal time in view of broader strategic global developments like the India-USA bilateral trade agreement – Mission 500. This initiative aims to increase trade from $190 billion to $500 billion by 2030, including a focus on energy investments. The global marketplace therefore underscores the Company’s partners’ commitment to innovation, international collaboration, and robust economic growth.

What is the status of the Worldwide Diversified Holdings, Inc common shares ?

The common shareholders, who own Worldwide Diversified Holdings, Inc common shares from the dividend, will continue to own their common shares. Worldwide Diversified Holdings, Inc (WDHI) has announced the acquisition of a controlling interest in American Lithium Minerals, Inc (OTCID:AMLM) and is working to convert the WDHI shares into trading shares of AMLM in the first quarter of 2026.

How does a SURY shareholder remove a legend from their shares ?

Equiniti Stock Transfer is the company’s transfer agent and information is available on their website Shareowner Online Specifically, the Letter of Instruction to remove the legend is Letter of Instruction and the Shareholder Representative Letter.