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COMPANY OFFICERS & CONTACTS
Dwight Esnard - CEO
Michael Layman - CFO
Jennifer Trowbridge - Legal Counsel
They have literally destroyed the company and the value of your stock holdings.
Terrible 😢 what happened here
Hi Bob, wish it did go back to the rman. Had some good runs in the past. I'm back in with a .0003 average so if I joined you I would only get a couple hundred for my 2 mil shares LOL. Question for you? Have you ever seen a pinky owned by a real co. ? I just hope they don't stick in in their file cabinet
When Mesa took over the company in Feb 2023 it had a market cap of $5 million.
Current market cap is about $150k. Mesa destroyed all value for us, the shareholders of GBHL.
Now they say they aren’t making this a priority.
Mesa should be sued.
Who among you has lost money? Let your voice be heard.
For more info:info@globaluniversal.com
Who among you has lost money? Let your voice be heard.
Talked to MESA guy again. They do still hold control. Won't go back to Rasmussen. They are considering what to do with GBHL incl. cleaning it up to bring current but the timing will depend on any further decisions about the shell. Not a priority right now.
Are they going to cancel the shares, speculating
Tug a war lol I guess ?deal went sour. Whoever owns this ticket has 400000 to burn? My math might be wrong!
Has real good SS. Did CEO die or something?
Is that not sweet for folks holding? You have a no dilution stock and the owner of the ticker owns a low float with 2 b shares = 400,000 @ .0002. Not a bad start if the owner has any $
Went dark/expert market today...so from tomorrow on brokers won't allow to buy shares anymore (just selling of existing shares when price is met) thus no ask & bid
Guessing, he is selling his shares? it's still a clean shell with a low float .@ .0002
Ref: Last day to buy is today :(
Why is that?
Thanks. Thats crazy by Esnard. I knew s.th. was fishy when I made that call and suddenly the guy "had to go" right when I asked who that Mr. Horton is. I dont understand, though, how when the deal fell through control could be kept by Mesa/Esnard. I might try to get the same guy on the line once again
I just spoke with an associate who works with Rasmussen and he confirmed that Esnard and group still retain the controlling stock of GBHL. Rasmussen made an offer to purchase the control stock, but Esnard never responded. If you want to confirm, contact Gary Rasmussen on LinkedIn or at info@globaluniversal.com
My followers know that I am straight about observations/recommendations/comments on tickers. Here, given the situation I expect nothing will be filed and expert market is coming. Rasmussen does not retake control either because he can't or he gave up (he used to file diligently for years and according to Mesa he should have full control).
If so he won't revive an expert market status either. I shed most of my shares (for big losses, still) on recent spikes. I removed my bids (0004s, 0003s,0002s) in the last days and now will just place a few at 0001 for a potential hail mary recovery once they fill. So I wish everyone good luck.
Called Mesa yesterday. Asjed for Esnard. Someone else called back (didn't got the name; nr was 1 714-695-2444). He said they are listed now as MHRE after a merger. Deal with GBHL was recinded. No litigation ongoing, thus Rasmussen should have full control back. He said he will inform councel about Mesa contact etc. still listed on OTC under GBHL. However, what was funny was when I asked why some Mr. Horton was appointed according to the press release he said he got to go but I can call back any time.
Share structure good 0.0001
Reverse merger would be good
Interesting what happened here, reverse merger while back I think was cancelled
A while back thought we would be at Pennie’s
Interesting company, 826 mm language maybe
A while back poster, would make this sky rocket, never happened,
A while back poster, would make this sky rocket, never happened,
Interesting company, why, while back thought pennies
Terrible what happened here
If so then we can expect it to go dark at first....hopefully they communicate before the sec starts to de-list it (which would be a long time out)...I bet Rasmussen would take control even though reluctantly so
GBHL has had NO change in control since Jan 2023. Even though Esnard spun out Mesa Garage Doors in Sep 2023, he and others still have control of GBHL. They appointed Eric Horton and are not giving him any support. There is nothing Rasmussen can do until Esnard and crew relinguish control.
Nothing changed...see my post #26297
So there is no sense in buying other than maybe at 0003. Tx
As I said: should the former CEO Rasmussen feel responsible after the messed up and reversed Mesa deal (any legal disputes?) then GBHL will have its ups trading wise. If not then it will go dark. Until either happens there is nothing to comment on here IMO
Had a double peak at 0009 and now seems dead. Any more effort to break through?
Thanks for clearing that up for everyone 2times2!
Definitely being loaded for a run here!
Let’s Go!!!
Doubt it (despite the info listed) because:
1) OS was reduced to what it was before the agreement
2):
Global Entertainment Holdings and Mesa Garage Doors Rescind Previous Agreement
LOS ANGELES, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Global Entertainment Holdings, Inc.(GBHL) (the "Company" or "Global"), an independent global entertainment content production and OTT streaming distribution company, today announced the recission of the agreement previously executed between the Company and DCE Construction, Inc., d/b/a Mesa Garage Doors (“Mesa”), a Southern California-based leader in home improvement solutions focused on selling, servicing and installing garage and entry doors as well as custom gates.
As previously reported, on February 9, 2023, the Company executed and closed a Share Exchange Agreement by and among DCE Construction, Inc., dba Mesa Garage Doors (“Mesa”), and the Shareholders of Mesa (the “Share Exchange Agreement”) wherein the Company acquired all of the issued and outstanding shares of Mesa in exchange for an aggregate of 3,702,000,0000 shares of common stock of the Company issued to the Shareholders of Mesa, thereby making Mesa a subsidiary of the Company at Closing.
Subsequent to the closing, the former shareholders of Mesa learned of (i) the Company’s failure in 2012 to file certain required Company periodic filings with the Securities and Exchange Commission, and (ii) the Company’s filing of non-compliant Form 15 in 2013. As a result of these compliance failures, Mesa and the Shareholders of Mesa are unable to effectuate any corporate actions through FINRA in the near term, or potentially at all. This includes the name change and symbol change required to be consummated pursuant to terms of the Share Exchange Agreement.
Mesa is highly dependent on the goodwill of its name generated through over 30 years in business, and as a result it was not tenable to operate the business under the name of Global Entertainment Holdings, Inc.(GBHL) Because of this and the failure to satisfy the post-closing obligations under the Share Exchange Agreement, the parties desired to rescind the Share Exchange Agreement and restore the Company, Mesa and the Mesa Shareholders to their respective positions prior to the consummation of the Share Exchange Agreement.
On September 7, 2023, the Shareholders of Mesa and the Company entered into a Rescission Agreement whereby (i) each of the former shareholders of Mesa returned 100% of the 3,702,000,0000 shares of Company common stock to Treasury, and (b) the Company returned to the Shareholders of Mesa, 100% of the shares of Mesa. The Company continues to own and operate its legacy subsidiaries. On September 21, 2023, Dwight Esnard and Michael Layman tendered their resignations from the board of directors and from all officer positions and concurrently appointed Eric Horton as the Company’s sole director and as the Company’s President, Secretary and Treasurer.
Might be in some sort of litigation now (or if noone picks it up go dark since Mesa doesnt feel responsible and Rasmussen still doesn't want to pick it up...eventually it should fall back onto him though)
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