Tuesday, July 15, 2014 1:58:41 PM
it signed an agreement for its 3rd acquisition of casino gaming machines; this
one in Managua, Nicaragua. This purchase of 137 machines now brings GHDC's
current gaming machine count in two countries to a total of 270 units plus
related equipment.
All three acquisitions to date gives GHDC turn-key revenues bases of current and
past documented operational financial statements. These revenues allow GHDC to
continue its aggressive gaming market expansion throughout the Central and South
American casino markets. The Company will soon report on US SEC FORM 10-Q, its
second quarter, which will reflect the appropriate numbers in both the gross
revenues and net-cash flow from current operations.
Currently, the Company's executive team is negotiating additional purchases of
cash producing gaming machine operations. Management, utilizing its existing
infrastructures in both Colombia and Nicaragua, will continue to seek market
penetrations in the aforementioned demographics.
The Company's Board of Directors welcomes a new Board member in the person of
Mr. Marty Wolfe, a well-known and established Canadian accountant who will bring
his expertise, acumen and professional perspective to the Company's future.
Shareholders will have ample time to make plans to attend the general meeting
and discuss, in detail, the particulars of these acquisitions, and will vote on
the Company's expanded and professional directorship.
For further information, contact, Rich Kaiser, Investor Relations, 757-306-6090,
and/or email: yes@yesinternational.com.
GoldLand Holdings Co., cautions that statements made in this press release and
other forward looking statements made on behalf of GHDC may be affected by such
other factors including, but not limited to, vagaries of the tourist trade,
volatility of mineral prices, market competition, and other risks detailed
herein and in the U.S Securities and Exchange Commission filings of the Company.
FOR FURTHER INFORMATION PLEASE CONTACT:
Contact:
Rich Kaiser
Investor Relations
757-306-6090
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