Global Entertainment Holdings Inc (GBHL)

[4u2nv2]

On June the 15th something not normal started happening with GBHL for the first time in managements 8 year history. 60 million shares out of the 80 million float were accumulated. News, filings??? Negative. Something big is coming. The acc/dist line on this chart will say it all when the price movement comes. I have seen it many times before but nothing was even close percentage wise to what was accumulated here. It only took 5 trading days for those 60 million to be acquired in the open market and they are still held by whoever purchased them. I have seen experienced traders take trips to dime rides watching for unusual accumulation on the chart. Mark this post.


And the recent OTC Markets filing that maybe 4 people noticed????

On August 2, 2016 the Company entered into a library license agreement with Digicable Network India, Ltd. (“Digicable”) for the exclusive license of its digital library in India and the non-exclusive license within Digicable’s reach outside India for an initial two-year period commencing December 1, 2016, and automatically renewable for additional one-year periods thereafter unless otherwise terminated. The license anticipates the delivery of up to approximately 1,900 digital titles for broadcast by Digicable over the license period against a monthly license fee to the Company of US $0.04 cents, per Digicable subscriber, with a minimum monthly fixed floor of $ 400,000, less applicable Indian withholding taxes. Payment of Digicable’s license fees begin within 10 days after the end of the quarter in which the Company’s digital content is delivered, such that the first payment from Digicable is expected on or about March 10, 2017.