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$$$ GAHC $$$
A lot of deals closing in the fourth quarter of 2020.
NOTE 11– AGREEMENTS
On May 10, 2019, the Company entered into an asset purchase agreement with Election Services Solutions, LLC (the “APA”). Under the APA, the Company will purchase 100% of the assets of Election Services Solutions, LLC. The Company will pay $550,000, of which $506,150 has already been paid, and issue 20,000,000 common shares to purchase these assets under this APA. The Company is in the process of closing this transaction in the fourth quarter of 2020.
On May 13, 2019, the Company entered into a joint venture agreement with Voting Portals, LLC (VP), a Florida limited liability company. Pursuant to this agreement, the joint venture will be making use of the VP online e-voting web portal solutions and proprietary e-voting software programs to service and fulfill GES’s clients’ online elections and other e-voting events pursuant to the terms of the agreement, as well as any other ventures and relationships agreed to pursuant to the goals of the agreement. The Agreement was amended and as part of this agreement, the Company will be issuing 10,000,000 common shares to VP for services rendered, upon approval of the corporate actions at the 2019 annual meeting. VP will own 100% of the rights to the software, while GES will be responsible for all administrative and other election procedures. The Company is in the process of closing this transaction in the fourth quarter of 2020.
On May 13, 2019, the Company amended the master services agreement with HCAS Technologies (the “MSA”), Under the MSA, the Company will be acquiring information technology services and management from HCAS Technologies, as well as retaining Mr. Magdiel Rodriguez to act as Chief Information Officer. Pursuant to this Amended MSA, the Company will issue a total of 30,000,000 warrants to purchase the Company’s common shares at a price of $0.005 as consideration for the services of HCAS and Mr. Magdiel. The Company is in the process of closing this transaction in the fourth quarter of 2020.
On June 19, 2019, GES Inc. signed an engagement letter with Blockchain Valley Ventures (“BVV”) of Zug Switzerland. Under the terms of the agreement, GES will pay BVV 50,000 Swiss Francs (CHF) and BVV will serve as an advisor in connection with a Voter Registration, Voter Authentication, and Voter Eligibility using a Blockchain Platform primarily covering the following matters:
·
Development and facilitation of an extended workshop with relevant and best in class third party blockchain technology companies such as Phoenix Systems AG, Securosys AG and others as well as any subject matter expert to be invited by Global Election Services Inc.
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Development of a high-level technology solution architecture and its requirements for the blockchain based voting registration platform with inputs from third party blockchain technology.
·
Documentation of the results of a) and b) in order to provide the basis of the technical development of the platform.
·
Development of an implementation recommendation with respect to Voting on the Blockchain Platform.
·
Legal facilitation with respect to outside tax and legal advisors in connection with compliance with local and international regulation.
·
Project Management during the engagement.
19
This will be delivered as a Working Paper discussing a high-level envisaged Blockchain platform, including a foundational flowchart, and implementation recommendation; BVV is a Crypto Valley, Switzerland based venture capital firm who consists of highly successful entrepreneurs, finance experts, blockchain technology experts and ICO experienced analysts and consultants. The documents created will be used by GES, to create a Minimal Viable Product. This Product, along with GES licensing rights on GES existing Registration and Tabulation Software will be owned by GES.
On June 27, 2019 BVV and GES signed and amended agreement calling for a $25,000 CHF Payment for the development and facilitation of an extended workshop with relevant and best in class third party blockchain technology companies, and a $ 25,000 CHF payment upon completion of the engagement. GES made payments of $25,000 CHF payment.
On September 12, 2019, representatives of GES attended a Blockchain workshop in Zurich Switzerland to discuss the specifics of using the Blockchain in the Elections Industry. GES representatives met with a Blockchain Technology Companies who have technology solution architecture and its requirements for the blockchain based on a voting registration platform. Currently this Blockchain Development is still being developed and GES and BVV are working on a Working Paper discussing a high-level envisaged Blockchain platform, including a foundational flowchart, and implementation recommendation.
On June 7, 2019, the Company’s second subsidiary, GAHI Acquisition Corp. (GAHI) was authorized by the Company’s Board of Directors to infuse an initial deposit of $50,000 into the subsidiary for general capital and administrative expenses. GAHI Acquisition will be repurposed in order to explore potential new business ventures in an effort to increase shareholder value. The Company will cause GAHI Acquisition to explore opportunities in the energy and minerals business, which may provide investment opportunities, including the possibility of providing blockchain technology software to energy and mineral companies. The Company added Mr. Jason N. Old to the GAHI Acquisition Board as a Director.
On November 28, 2019 the Company’s Board of Directors authorized the termination of the transaction previously authorized to infuse an initial deposit of $50,000 into GAHI Acquisition for general capital and administrative expenses and have GAHI Acquisition repurposed in order to explore opportunities in the energy and minerals business, which may provide investment opportunities, including the possibility of providing blockchain technology software to energy and mineral companies. GAHI Acquisition will remain a 100% subsidiary of the Company and will focus on Blockchain related companies for investments and acquisition.
NOTE 12– SUBSEQUENT EVENTS
Subsequent to June 30, 2020, the Company issued 162,859,335 shares of common stock for the conversion of $229,000 of convertible debt
and $15,080 of accrued interest.
In August 2020, the Company entered into an advisory agreement for strategic business development, capital sourcing and market development management services. The agreement is for 18 months but may be canceled within the first 90 days. Per the terms of the agreement the Company will pay the following compensation:
·
$50,000 retainer payable within 150 days of the date of the agreement;
·
Warrants to purchase 4% of GES (cashless warrants);
·
Warrants to purchase 50,000,000 shares of the Company’ common stock for $0.002 per shares;
·
Monthly compensation of $10,000 commencing October 1, 2020;
·
1% of net revenue from election services provided to municipal jurisdictions in the United States for 12 months; and
·
2% of all revenue generated from election services provided to municipal jurisdictions in the United States that were introduced by consultant.
Also, in August 2020, the Company entered into a software development agreement that provides for payments totaling $43,000 through September 30, 2020.
$$$GAHC$$$
I am thrilled there is news behind the buying!! Moving forward as planned.
GET READY!
$$$$ GAHC $$$$
Global Arena Holdings Subsidiary Global Election Services Engages DigitalAMN for Strategic Advisory
NEW YORK, NY, Oct. 09, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire – Global Arena Holding, Inc. (the “Company”) (OTC PINK: GAHC) a growth oriented, acquisition minded Company, focused on specific niche markets offering exponential growth — is pleased to announce that its subsidiary, Global Election Services, Inc. (“GES”) has entered into a strategic advisory agreement with Digital Asset Monetary Network, Inc. (DigitalAMN), to help further the deployment of the GES’ business model.
Currently, GES is internally preparing its application to the Election Assistance Commission. If approved, GES would then have the ability to provide election services to municipal jurisdictions in states using absentee and mail-in ballots for their government elections. GES’ proprietary registration and tabulation system helps to mitigate fraud and outside interference, while allowing Americans voters to continue practicing social distancing during times of pandemic, confidently knowing that their votes ballots are being counted.
DigitalAMN (OTCMKTS: DATI) will look to help GES leverage the success that GES they had in providing election services to many clients including the Firehouse Caucus in March 2020, for the North Dakota Democratic-NPL Presidential Primary election – highlighting GES’ proprietary voter registration and voter tabulation software – whereby the state recognized its largest voter turnout for a primary in over a decade. Furthermore, given GES’ efficient and effective election process for ballots sent through the United States Postal Service and in-person ballots, GES was successful at ensuring a fair and safe election, void of any identifiable voter fraud, hacking, or outside interference that could have impeded the election process.
“We have a good and longstanding history with the CEO of DigitalAMN, who in the past, has been effective in assisting us with both GAHC and GES,” stated John Matthews, Chairman and CEO of Global Arena Holding, Inc. “We believe GES will greatly benefit from the strategic business development, capital sourcing, and market development management services that DigitalAMN will provide.”
GES intends to leverage the extensive expertise of its senior management and its proprietary software to administer election services at state and local levels. There are approximately 3,080 municipal jurisdictions located throughout the United States that are responsible for managing the election process at the state and local levels for an average of 8 to 12 elections that are held each year. These annual elections may include competitive races for School Board Elections, local Mayor, Village Officers, Supervisors, County Executives, County legislators, Governor, State Assembly, State Senate, and US House of Representatives and US Senate, to name a few. As more states increase the adoption of absentee and/or mail-in ballots as an effective option, the opportunity that GES may be retained by municipal jurisdictions grows, affording the Company the ability to increase its absentee, mail-in ballot and in-person business for government elections.
Ajene Watson, CEO of DigitalAMN stated, “I believe that globally, there is roughly $10B in virtually untapped market potential for Universal Absentee, Mail-In Ballots and in-person voting for governmental elections. I also know that GES’ senior staff has an expertise in this area of election services, has been supervising elections since 1981, and has had over 8,500 labor elections certified by the US Dept. of Labor with, impressively, not one labor election ever being overturned due to actions by GES’ senior management. Equally as exciting, GES is capable of providing election services on an International scale as well.
“This all encourages me to leverage the full force of our growing ecosystem to assist GES with its continued business development, visibility, capital formation requirements, and their next stage of growth into governmental elections.”
Management has indicated that the compensation to DigitalAMN for its strategic advisory services can be found in the Company’s most recent filings and includes a retainer, warrants, monthly compensation, and revenue share from new governmental election services.
For more information on these and other developments, please visit: http://GlobalArenaHolding.com, where you can also access all of the Company’s SEC filings, as management continues to pursue a more effective investor relations initiative.
ABOUT GAHC
Global Arena Holding, Inc. trades on the OTC Pink Sheets under the ticker symbol GAHC. The Company has been publicly traded since 2011 and holds a number of interests, including Global Elections Services, Inc., Tidewater Energy Group Inc., and GAHI Acquisition Corp. Please find the Company’s filings at SEC.gov
ABOUT Digital Asset Monetary Network, Inc.
Digital Asset Monetary Network, Inc. (OTCMKTS: DATI) is the first company to utilize the Public Accelerator-Incubator (PAI) model, with the intent to follow the global success of accelerators and incubators around the world, adding niche opportunities to both the microcap and startup communities. As a PAI, Digital Asset Monetary Network will develop and acquire innovations that solve problems through digital platforms and other electronic applications.
$$$ GAHC $$$
Growth Strategy for the Company
Management believes there are four significant opportunities to increase market share; the growth and expansion of GES paper absentee/mail ballot business; Internet voting for private non-government clients; development of Blockchain Voting Applications; and the diversification Tidewater Energy Group Inc can deliver.
10
1) GES plans to enter the Political Party elections market in the 1st quarter of 2020, and the US Government/Foreign Government by the second quarter of 2021, by providing proprietary comprehensive technology-enabled election software and services. In the US there are 3,007 counties, 64 parishes, 19 organized boroughs, 11 census areas, 41 independent cities, and the District of Columbia, all of whom are going to buy updated Election Machines and Software in the near future.
Each municipal county individually purchases election voting equipment and software under the guidance of each State’s Secretary of State. In January 2017, President Barack Obama issued an Executive Order declaring United States government elections a “Critical Infrastructure”. President Donald J. Trump further extended this “Executive Order”.
According to the National Conference of State Legislatures, five states currently conduct all elections entirely by mail; Colorado, Hawaii, Oregon, Washington and Utah and at least 21 other states have laws that allow certain elections to be conducted by mail.
2) GES also offers online voting for craft and trade organizations, labor unions, political parties, co-operatives, housing organizations, associations, professional societies, and universities. GES believes this is an option that will save clients significant dollars in the reduction of printing and US Mail costs. GES is working with its joint venture partner Voting Portals LLC on this effort.
3) Management sees a unique opportunity in Blockchain Voting Technology, and is working with Blockchain Valley Ventures and TrueVote Inc, which could positively impact Global in many aspects of its business, including;
·
Securely storing Voter Registration Information on the blockchain.
·
Creating an international capability to administer or joint venture in conducting foreign government elections.
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Creating a secure Internet voting record on the blockchain for online elections.
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Administer Financial Services Elections, such as Proxy’s and shareholder votes.
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Documenting current voting applications.
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Reducing cost and time of delivery, enabling scalability.
4) Tidewater Energy Group was formed for the purpose of creating diversification for the Company. Directed by Jason Old, Tidewater Energy Group brings a number of seasoned, well-respected members of the Energy Industry to the Company.
The new age of unconventional drilling has reset the life cycle of the exploration and production industry. Beginning in the mid-2000’s, management teams and their private equity sponsors were able to deploy capital and realize gains quickly by building contiguous acreage positions that they flipped to larger operators. This added value by creating high working interest, horizontal drilling locations and resulted in extremely high IRRs with low equity multiples.
As public companies and larger private independents secured their acreage positions, drilling locations became less attractive in the short-term. Public valuations soon became depressed, partially due to their expensive drilling inventory, the values of which would take time to realize (i.e. drill). Simultaneously, commodity prices began to fall, further reducing the value of upside.
Larger companies are now focused on acquiring production that is immediately accretive, and we are beginning to see consolidation. Assets are now priced on current production with little to no value given to upside. Management believes this creates an opportunity for Tidewater Energy Group Inc., for the following reasons:
·
Consolidation drives disposition of “non-core” assets
·
Tidewater Energy Group Inc can protect its downside by purchasing stable, low-risk cash flow at a discount
·
Tidewater Energy Group Inc technical team is uniquely positioned to cherry pick those opportunities with attractive upside through recompletions, workovers, and development drilling
This intrigues me. I'm looking forward to an update of their progress.
The Board authorized the forming of Tidewater Energy Group Inc. on November 18, 2019, a Delaware C Corporation, and appointed John S. Matthews and Jason Old as Board members. The Company is being formed to explore opportunities in the oil, gas, mineral and energy business.
Tidewater will be authorized to have 40,000,000 million shares in total, par value $0.001.
Tidewater will issue 10,000,000 million common shares to the following individuals:
-Global Arena Holding Inc. 5,100,000 common shares. (51%)
-Thomas Kivisto 3,150,000 common shares. (31.5%)
-Jason Old 1,250,000 common shares (12.5)
-Thirty-One Ten Investments 500,000 common shares (5%)
The Company invested $50,000 into Tidewater Energy Group Inc. for general capital and administrative expenses. This transaction closed in the 1st Quarter of 2020.
Thanks for the heads up! GAHC solves all the problems presented in the episode. It's all about execution now.
$$$ GAHC $$$
From the VPortals website: https://www.votingportals.com/
Government
VPortals specializes in online voting and elections for regulated legal sectors including condos, HOAs, unions, municipalities, local, state, and national governments. Our proven software platform can handle millions of voters at a time and complies with the strictest laws in the United States. Our proprietary programs also provide the highest possible level of security with encryption, three-factor authentication, government ID integration, bio-metrics, and block-chain technology. Personally designed by our CEO and nationally recognized attorney, Ben Solomon, Esq., who has conducted hundreds of elections, Voting Portals offers the most reliable, robust, and secure online government voting platform available today.
We are already working with key government officials and testing our secure government programs. Due to confidentiality, we do not disclose our government clients, projects, or contacts. For more information on how we can assist your town, city, county, or state, please contact us.
In my opinion GAHC doesn't release much news due to confidentiality reasons.
$$$ GAHC $$$
Thank you for posting this.
$$$ GAHC LONG $$$
$$$ GAHC $$$
$$$ GAHC $$$
REVENUE INCREASE is music to my ears! Thank you for attending the meeting and sharing your valuable insight. How on earth did somebody catch a fill for 600,000 at 0.0016 this morning.
It makes me question why anybody would sell before such a pivotal moment in the companies history? I feel like after the meeting everything will be much more clear and the action will begin. Plenty of buyers keeping this stable while the weak hands sell.
Any thoughts about the shareholder meeting?
Facundo Bacardi, Brett Morrison, Ben Solomon and many more very reputable individuals are involved in this company.
Do you see this as a positive?
Twas the month before the shareholders meeting, when all through the house
Not a creature was stirring, not even a mouse...
$$$ GAHC $$$
Thank you for all the valuable insight!
$$ GAHC $$
Asahi2017 posted this a while back. I feel like this is the future of GAHC.
Read compensation agreement from 8k dated 12/15/17.
It states Mathews can be replaced at any time as CEO, with or without cause. Read further down and you will see he receives 10% commission or any government election here or abroad.
IMO he will happily turn over control and spend time pursuing government elections. One state elections could be 40 million dollars at 10% commission that’s 4 million dollars time 50 states is 200 millions in commissions. He feathered his nest well.
Now, look at the press release from 3/18/18 voting portals.
Research the president of the company Ben Solomon. Extremely successful attorney and the leader in online associations voting.
I will post a few links about him in my next post.
He could be the next CEO, with new leadership. UAHC has already made an investment in GAHC, of over $500,000.
If they come in with second round of $800,000 to $1m that would give the company capital requirements to up lift to the NASD. GAHC already meets the criteria for numbers of shareholders. To accomplish all the above GAHC will have to increase outstanding shares for UAHC financing and compensation for Ben Solomon to be come CEO. The increase in share will have no impact on the float since they will be restricted. Also the company will have to have shareholder approval.
Timeline who can tell. IMO it will work like this. GAHC will have to file two 8k, one for financing and other for proxy. If my guess is correct, this will happen in two weeks. Follow by a proxy statement in the next 30 days. Uplift to the NASDEX will take months.
IMO an e executive like. En Solomon will not be involved without big things to come.
Please keep in mind this is just my speculation.
Do your DD an invest where it takes you.
100% Locked and loaded.
$$ GAHC $$
Ben Solomon is the real deal!
https://algpl.com/attorneys/ben-solomon-esq/
Regarding the OIL AND GAS venture they added Mr. Jason N. Old to the GAHI Acquisition Board as a Director. Check out his profile! Is this the same guy?
https://www.linkedin.com/in/jason-old-5419b4a2
Summary Jason Old
Experienced Chairman with a demonstrated history of working in the oil & energy industry. Skilled in M&A Negotiations, Lender Negotiations, Forbearance Negotiations & Restructure, Viability Analysis, Operations Management, Land Acquisition, Debt & Collateral Sales, Debt Restructure, A/R - A/P Workout Teams, Litigation, and Onshore Operations. Strong entrepreneurship professional graduated from Montana State University-Bozeman. Graduated from the University of Georgia-Athens.
On June 7, 2019, the Company’s second subsidiary, GAHI Acquisition Corp. (GAHI) was authorized by the Board of Directors of GAHC to infuse an initial deposit of $50,000 into the subsidiary for general capital and administrative expenses. GAHI will be repurposed in order to explore potential new business ventures in an effort to increase shareholder value. GAHC will cause GAHI to explore opportunities in the energy and minerals business, which may provide investment opportunities, including the possibility of providing blockchain technology software to energy and mineral companies. The Company added Mr. Jason N. Old to the GAHI Acquisition Board as a Director.
On May 13, 2019, the Company entered into a joint venture agreement with Voting Portals, LLC (VP), a Florida limited liability company. Pursuant to this agreement, the joint venture will be making use of the VP online e-voting web portal solutions and proprietary e-voting software programs to service and fulfill GES’s clients’ online elections and other e-voting events pursuant to the terms of the agreement, as well as any other ventures and relationships agreed to pursuant to the goals of the agreement. The Agreement was amended and as part of this agreement, the Company will be issuing 10,000,000 common shares to VP for services rendered, upon approval of the corporate actions at the 2019 annual meeting. VP will own 100% of the rights to the software, while GES will be responsible for all administrative and other election procedures. The closing of this transaction will occur upon the approval of certain corporate actions at the 2019 annual meeting.
I'm also trying to figure that out. Tons of opportunity in that sector! I was checking out Voting Portals, LLC (VP) website and they seem to be confident in securing government elections.
Government
Voting Portals specializes in online voting and elections for regulated legal sectors including condos, HOAs, unions, municipalities, local, state and national governments. Our proven software platform can handle millions of voters at a time and complies with the strictest laws in the United States. Our proprietary programs also provide the highest possible level of security with encryption, three factor authentication, government ID integration, bio-metrics, and block-chain technology. Personally designed by our CEO and nationally recognized attorney, Ben Solomon, Esq. who has conducted thousands of elections, Voting Portals offers the most reliable, robust, and secure online government voting platform available today.
Although we are already working with key government officials and testing our secure government programs, at the moment, not a single city, state, or nation in the world has officially used online voting yet…until now. We proudly anticipate conducting the first online government voting events by 2020.
Due to confidentiality, we do not disclose our government clients, projects, or contacts. For more information on how we can assist your town, city, county, or state, please contact us at gov@votingportals.com
https://www.votingportals.com/government
$GAHC$ SO MUCH VALUE!
GAHI Acquisition Corp
was incorporated in the state of Delaware on May 20, 2015 to be a merger subsidiary for potential acquisition candidates of blockchain technology software. The company completed its first acquisition of blockchain equity in Blockchain Technologies Corp. on September 30, 2015, a company that holds US approved blockchain election patent; US Patent #9,608,829, issued March 28, 2017; System and Method for Creating a Multi-Branched Blockchain with Configurable Protocol Rules which claims priority over; Provisional application No. 62/090,370 entitled “Use of Blockchain Database to Enhance Security of Support Secure Electronic Voting and Election Result Tabulation” filed Aug. 6, 2014.
Applicability of the Blockchain to Voting the Process
Use of the blockchain will provide considerable value to GES by increasing the quality, accuracy, and credibility of the voting process. Just the sheer nature of how the blockchain functions provides an immediate benefit to GES’s customers.
The blockchain is applicable to GES’s business strategy because in its most basic form, the blockchain is a digital ledger. The technology draws its power from the peers – or nodes – on its network to verify, process, and record all transactions across the system. This ledger is never stored, but rather exists on the “chain” supported by millions of nodes simultaneously. Due to sophisticated hash encryption methods and decentralization, blockchain’s database of transactions is incorruptible, and each record is easily verifiable. The network cannot be taken down or influenced by a single party because it doesn’t exist in one place.
Blockchain-based Voting
A blockchain-based voting application does not concern itself with the security of its internet connection, because any hacker with access to the terminal will not be able to affect other nodes. Voters can effectively submit their vote without revealing their identity or political preferences to the public. Officials can count votes with absolute certainty, knowing that each ID can be attributed to one vote, no fakes can be created, and that tampering is impossible. Advanced scalable enterprise technology and blockchain decentralized features ccoupled with the outstanding long history of service of GES’ management team will position GES to be a leader in this industry.
HCAS Technologies
GES has signed a term sheet and is working with HCAS Technologies, (HCAS) to design and create information technology and information systems management including software development services, infrastructure, network, support, corporate security, and risk management. HCAS works with other leading organizations to provide collaborative solutions to their Business and IT challenges with innovative ideas that are embraced by their customers. HCAS offers information technology administrative services on a highly configurable, rules-driven risk management system that helps customers reduce administrative costs and increase profitability while increasing consumer satisfaction. The company has developed a suite of software solutions utilizing an advanced set of proprietary technologies and focused on risk management solutions, which generate revenues to existing businesses. More than 25 professionals leverage in-depth industry knowledge across various verticals including Banking and Financial Services, Healthcare, and Insurance to deliver robust digital solutions in critical areas of client growth. HCAS is a unique technology company that specializes in business process improvement and automation, helping organizations optimize their underlying processes to achieve more efficient results.
Given HCAS’ extensive background in healthcare and specifically in Information Security, Privacy and Regulatory Compliance related services, organizations have chosen HCAS to be their advisors. Years of direct front-line, real-world experience with deep privacy and security skill-sets helps clients assess and implement the required people, process and technology controls cost-effectively. HCAS will be assisting GES to implement programs that will assure continuous compliance with Department of Labor, US Board of Elections, National Institute Standards and Technology, Payment Card Industry, HIPAA-HITECH Security, Privacy and Data Breach Notification Rules as well as other data protection regulations with which GES must be compliant.
With an extensive technology portfolio, enhanced with its content production resources, and software development expertise, HCAS is positioned to deliver an exciting new approach to voting technologies that increase the transparency, efficiency, and integrity of elections while making voting more accessible.
The development resources are dedicated to:
Ensuring the highest level of security protocols that comply with all necessary standards
Developing a Registration System supported by Blockchain Technology for security
Building an interface that is instinctive and user-friendly
Customizing for specific sectors’ rules and requirements
Allowing for scalability while maintaining integrity
Expanding our client list by offering high-quality technology solutions
Synectic Advisors
Phase two of our technology development began on June 28, 2018, when the Company entered into an application development and services agreement with Synectic Advisors. Under the terms of the agreement Synectic Advisors will connect the following election software programs to the Blockchain;
Ballot Creation: A system assisted means of creating the ballot within the conditions that exist for the particular voting event. The system will have the ability to develop ballot pages while maintaining uniformity of the content and compliance. Exporting methods will be in place to manage digital files presented to the printer. Version & content control measures will be maintained for all ballots created.
Registration System: Phase 1 design will allow for a secure database management system to import and organize registrants as necessary to support multiple methods of voting registration, to include paper ballots, on-line, and digital voting. Further the technology will support data import, export to third parties, categorization, and encoding of registrant information. Phase 2 design will support the application of the encrypted hash key and integrated digital token assignment to each registrant as a means of securely validating each registrant. This digital key will then be integrated and applicable to the blockchain.
Scanning of Ballots: Technology provided will support and integrate with GAHC’s 3rd party scanning partner’s application. During the initial business requirement discovery phase, we will review the current technology to determine the software integration, operability, and quality with our designed system. Scanned data must be able to be validated against our verification algorithm.
Private Secure Cloud / Data Warehouse: Synectic Advisors technology operates in a secure hybrid mode. Therefore, some software with associated drivers will be installed on local computer equipment and the primary system will operate off-premise in a private cloud environment. A management console with associated auditing features is included in the design. Scanned ballots, data extracted from the ballots, and further validation methods are processed and stored in a private secure (encrypted) data warehouse segregated by election event. Reports will be generated and accessible from a secure cloud portal.
Registration Software
HCAS identified Imaging 101, a technology company based in Ft. Lauderdale, FL that worked with GES to create a very specific registration software that functions in authenticating and registering voting members in a data look-up system. It is mission critical for the Company to build a system that keeps members information secure. The registration system will further be developed to leverage the advanced security and transparency features intrinsic to Blockchain Technology. In the event of an in-person election, a voter ID can be scanned or any information typed into the system to retrieve the voter information. A digital signature can also be captured and saved for the final list of ‘Who Voted”. In the event of a Mail Ballot, a barcode on a Business Reply Envelope is scanned and the status of that member is identified. If the member is not eligible to vote, that ballot is removed from the count. Because we must account for every single ballot, the system has multiple reporting options where we may deliver to the client the list of members who mailed in a ballot but were not able to vote, detailing the reason.
Scanning and Tabulation Software
The software is advanced OMR/OCR/Barcode scanning and tabulation software featuring de-skewing, de-speckling, and image correction. The computer hardware was designed to operate without dependency on the Internet or Wi-Fi access and therefore is hard-wired, ensuring complete security. The system allows for triple auditing capabilities, which consists of 1) electronically generated tabulation results; 2) jpeg imaging and storage of the scanned ballot, and 3) archival of the original physical ballot. This advancement gives GES the ability to tabulate elections faster and more efficiently, and brings the opportunity for GES to compete for larger elections. GES began deploying this system in our elections during the third quarter of 2017.
Government Elections
The Company plans to enter the US Government elections market in the 1st quarter of 2018, providing registration and software solutions for paper ballot elections administered by US municipalities. We intend to use our new registration and OMR/OCR/Barcode in Paper/Mail Ballots and incorporate our newly developed registration system and wherever possible, specific registration systems based on US Patent #9,608,829, issued March 28, 2017; System and Method for Creating a Multi-Branched Blockchain with Configurable Protocol Rules which claims priority over; Provisional application No. 62/090,370 entitled “Use of Blockchain Database to Enhance Security of Support Secure Electronic Voting and Election Result Tabulation” filed Aug. 6, 2014. The Company, along with its software developers, is also exploring other blockchain technologies for voter registration and election balloting.
In the US there are 3,007 counties, 64 parishes, 19 organized boroughs, 11 census areas, 41 independent cities, and the District of Columbia, all of whom are going to buy updated Election Machines and Software in the near future.
Each municipal county individually purchases election voting machines under the guidance of each State’s Secretary of State. In January 2017, President Barack Obama issued an Executive Order declaring United States government elections a “Critical Infrastructure”. President Donald J. Trump further extended this “Executive Order”. This means US Government will have a more active role in US elections.
The National Conference of State Legislatures recently announced that 22 states have provisions allowing certain elections to be conducted entirely by mail. As of January 2017, 3 of these states, Oregon, Washington and Colorado hold all elections solely by mail. California will begin all mail in 2018.
Online Voting
GES has a current client base of hundreds of unions. GES is committed to providing a comprehensive, secure voting platform, using state of the art technology for election officials charged with running their elections. GES has joint ventured with Voting Portals, LLC to use a proprietary software that not only allows for secure online voting, but also includes add-on features for our clients in a secure portal system such as posting documents like candidate statements, contracts or amendments to be voted on, streaming real-time or archived meetings or videos, sending real-time messages within the portal or tracking email communication to the membership. We also offer the option for a “hybrid” election, which allows members to choose between a Paper Ballot and Online Vote while ensuring no one votes twice. These tools can be useful between elections as well and is an excellent way for leadership to communicate with and engage their members. GES is working to build a user experience that limits human error and makes the voting process as smooth and seamless as possible while ensuring the highest level of secrecy, security and One Member=One Vote integrity that Management has been committed to for over three decades.
Organized Labor/Unions
In the fourth quarter of 2016, the Department of Labor released official guidelines for voting online. Since then, we have worked to develop our systems to offer our customers the most advanced software available today. This DOL announcement has encouraged many unions to look into this option because it is not only an easier process, but there is a significant cost savings for the client and a margin increase for GES.
Organized Labor Unions and their memberships in the United States are represented at the Local level, the Regional level, and the International level. The smallest membership totals are at the Local level, groups of locals in a geographical area combine to make up a Regional level, and all members belong to an International Level. Elections occur in all these groups and subsets of them, which means that there could be multiple votes for the same union throughout the year, with GES charging a per-member fee for each one. Most Nominations and Officer Elections for union leaders occur every two to three years. Additionally, GES is regularly involved in other types of elections, including; Strike Votes, Contract Ratifications, Delegate Nominations, Dues Increases, Assessments, By-Law Changes and Unexpired Term Votes, all of which can be done online as well. Each union has by-laws that dictate the process and how often these elections occur. Due to our unique personal relationships with Local Union Leaders, it is a natural progression for GES to expand into administering Regional and International elections, which we have already begun to do. Below is a list of membership numbers for the top unions in the US, many of which GES already has as clients.
Residential Organizations, Co-op/Condos
The GES Team has been conducting elections for Homeowner and Co-Op Organizations for more than thirty years. At GES, we understand the sensitivity of the project, and the need to present a flawless experience to the owners. GES is the independent and impartial third party Organizations can trust to manage an election, and provide an Organization with the tools essential to strong leadership and good governance. GES provides complete management of an election project, from the initial design of voting materials through tabulation. We support in-person, paper mail, and Internet voting using ballots or proxies. Signature verification, slates, and weighted, or share, voting are standard. No activity proceeds unless there is a quorum present. Interim results are available immediately, and certified results usually follow within 24 hours. The GES Team has conducted elections at properties with fewer than 200 Membership Interests, and with more than 10,000. We have even conducted lotteries for public housing agencies including Section 8 Housing.
Election security is an absolute priority for GES. We have seen emotions run high in many projects. Our focus on the security and confidentiality of election information diffuses most concerns, and creates a broad consensus that the project is being conducted correctly and impartially. Teller Committees regularly observe our processing and tabulation activities.
Now more than ever it is important to know what property owners are thinking. For many clients, we've included a limited set of survey questions on the proxy for the Board election. This technique has proven effective in capturing voter interest and stimulating turnout, in addition to providing valuable feedback on the important issues. GES can develop a regular program of surveys to help the client more effectively gauge members' views on needed improvements, regulatory matters, or other association-related issues. This interaction is made even easier with our working relationship with Voting Portals LLC.
Working Relationship with Voting Portals, LLC
Voting Portals, LLC is a privately-owned software development company based in Miami, Florida specializing in developing and operating proprietary online/e-voting software systems in various regulated election sectors including Condo/HOA; Labor Unions; Other not-for-profits; Shareholder; and Municipal. VP’s software systems deliver the most advanced platform today in online e-voting and related services allowing users to vote securely in elections and on other issues from anywhere by using encrypted voting codes, credential authentication, and blockchain technology. VP software complies with Florida Statute, Chapter 718 (the Condominium Act), providing a unique, password-protected, user-friendly portal experience for all association members and a secure voting platform to use for “consenting” members. The multi-functional Internet program allows users to vote in elections and on other association issues in a secure manner by using encrypted voting codes with multiple levels of credential authentication. Each portal can be fully customized including adding logos, links to favorite websites, photos and other images to create a familiar look and feel for each association. The dynamic software also allows users to be able to view video recordings and/or live streaming video of meetings, presentations, and other information, all from their mobile devices or computers. There is also the ability to customize menu buttons, upload documents, messages and other content an organization wishes to display, archive information, send emails and notices, keep roster information organized, and track voting and other status matters.
Management sees this relationship as an opportunity to not only grow our Co-Op/Condo client list and expanding in multiple states, but also offering this secure online voting system to our existing customers and adding online customers in other sectors GES services.
The Voting Portals platform is fully functional in the Co-op/Condo space in Florida and may be expanded nationwide in the community association sector of the US Housing Market. This will require the adaptation of numerous individual State laws and regulations.
NOT INCLUDING ALL NEW DEALS IN 10Q!! $$$$ GAHC $$$$
TODAY IS A BEAUTIFUL DAY!!
$$$ GAHC $$$
NOTE 10– SUBSEQUENT EVENTS
On May 10, 2019, the Company entered into an Amended asset purchase agreement with Election Services Solutions, LLC (the “APA”). Under the APA, the Company will purchase 100% of the assets of Election Services Solutions, LLC. The Company will pay $550,000, of which $501,150 has already been paid, and issue 20,000,000 common shares to purchase these assets under this APA. The closing of this transaction will occur upon the approval of certain corporate actions at the 2019 annual meeting.
On May 13, 2019, the Company entered into an Amended a master services agreement with HCAS Technologies (the “MSA”). Under the terms of the MSA the Company will issue a total of 30,000,000 warrants to purchase the Company’s common shares at a price of $0.005 as consideration for the services of HCAS and Mr. Magdiel Rodriguez. Under the terms of the MSA Mr. Rodriguez will become the Chief Information Officer. Mr. Rodriguez has over 25 years’ experience in the areas of Information Security, Enterprise Risk Management and Compliance, Information Technology and Operations including 21 years with Visa Inc. where he performed as Senior Business Leader of Information Security. Magdiel has extensive experience in a broad
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range of areas related to Information Security, Network Engineering, and Enterprise Governance, Risk and Compliance and Payment networks within the financial industry.
On May 13, 2019, the Company entered into a joint venture agreement with Voting Portals, LLC (VP), a Florida limited liability company. Pursuant to this agreement, the joint venture will be making use of the VP online e-voting web portal solutions and proprietary e-voting software programs to service and fulfill GES’s clients’ online elections and other e-voting events pursuant to the terms of the agreement, as well as any other ventures and relationships agreed to pursuant to the goals of the agreement. The Agreement was amended and as part of this agreement, the Company will be issuing 10,000,000 common shares to VP for services rendered, upon approval of the corporate actions at the 2019 annual meeting. VP will own 100% of the rights to the software, while GES will be responsible for all administrative and other election procedures. The closing of this transaction will occur upon the approval of certain corporate actions at the 2019 annual meeting.
On June 7th, 2019 Board of Directors of GAHC decided to infuse an initial deposit of $ 50,000 into its subsidiary GAHI Acquisition Corp (GAHI) for General Capital and Administrative expenses. GAHI will be repurposed in order to explore potential new business ventures in an effort to increase shareholder value. GAHC will cause GAHI to explore opportunities in the energy and minerals business, which may provide investment opportunities, including possibly providing blockchain technology software to energy and mineral companies. The Company added Mr. Jason N. Old to the GAHI Acquisition Board as a Director.
The Company’s subsidiary Global Election Services Inc., (GES) signed an engagement letter on June 19, 2019 with Blockchain Valley Ventures (BVV) of Zug Switzerland. Under the terms of the agreement GES will pay BVV CHF 50,000 and BVV will serve as an advisor in connection with the development of a Voter Registration, Voter Authentication, and Voter Eligibility software platform using a Blockchain Platform. BVV will also Chair an extended workshop to develop a high-level technology solution architecture and its requirements for the blockchain based voting registration platform with inputs from third party blockchain technology companies; provide documentation of the results in order to provide a Working Paper discussing a envisaged Blockchain platform including a foundational flowchart, and implementation recommendation. BVV will also provide legal facilitation with respect to outside tax and legal advisors in connection with compliance with local and international regulation. BVV is a Crypto Valley, Switzerland based venture capital firm consisting of finance experts, blockchain technology experts and ICO experienced analysts and consultants. The documents created will be used by GES, to create a Minimum Viable Product. This Product, along with GES licensing rights on GES existing Registration and Tabulation Software will be owned by GES.
On June 19, 2019 Global Election Services Inc., (GES) entered into a Term Sheet to create a joint venture with TrueVote, Inc. Under the terms of the agreement GES will invest $50,000 by July 31, 2019, into a 24 Month Debenture and GAHC will issue a 3 year warrant exercisable at $0.01 for 4,500,000 common shares of Global Arena Holding Inc., Global Election Services Inc., will receive 3 million common shares of TrueVote, representing 30% of TrueVote Inc. TrueVote, Inc. is building a comprehensive end-to-end, de-centralized, completely digital voting system. This will be based on traditional, proven database methodologies, and layered with a "checksum" that's posted on the Blockchain, proving all data is immutable and unalterable. This design will ensure that every vote is transparently counted and verifiable. TrueVote's approach is to first write and publish an extensive White Paper for peer review and start building the software based on the design laid out in the white paper. TrueVote's code will be completely open source, and
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TrueVote, Inc. will provide value-added services. This is similar to how Red Hat grew to be a leader in the enterprise operating systems segment. TrueVote is led by Brett Morrison and Ped Hasid. The closing of this transaction will occur upon the approval of certain corporate actions at the 2019 annual meeting.
Brett spent his time as Director of Enterprise Information Systems at SpaceX. His biggest professional achievement though was as an e-commerce pioneer, getting brands online and creating a new channel for sales at the beginning of the e-commerce boom. Brett co-founded Onestop Internet in 2003 out of his garage and built the original e-commerce and warehouse management software that started the company. Throughout his time as Chief Technology Officer and Chief Innovation Officer at Onestop he oversaw and managed its growth and architected and helped build the new Onestop 2.0 platform. Prior to Onestop, Brett co-founded one of the first photo sharing companies on the Internet, ememories.com, which was sold to PhotoWorks, one of the largest photo processing companies in the U.S. During ememories.com, he made the move from Silicon Valley to Silicon Beach. Prior to that success, Brett held executive technology positions with several high-profile software companies. As an early employee and Chief Architect at Scopus Technology (acquired by Siebel Systems, then Oracle), Mr. Morrison was instrumental in designing state-of-the-art call center and Customer Relationship Management (CRM) software applications. Brett also spent some time in the Entertainment industry, and produced two feature films, including THE COOLER, which garnered critical praise and an Oscar nomination for best supporting actor. Brett received a bachelor's degree in interdisciplinary studies consisting of Computer Science, Management Information Systems, and Communication from the University of Arizona (Top 10 at time of graduation).
Ped Hasid's career started in his early teens interning at tech startups, while simultaneously attending school. Graduating UCLA with Magna Cum Laude Honors in 2007 he launched multiple successful IT service companies that leveraged his knowledge and expertise in information systems and custom turnkey solutions for a wide array of businesses applications. Ped was introduced to Bitcoin in 2011 reading the Satoshi Nakamoto whitepaper, igniting a force within him to be more involved in the field of distributed ledger technology & crypto-currency. Ped's passion led him to host what would turn out to be one of the first Bitcoin meetups in Silicon Beach, successfully introducing many individuals to the world of crypto-currency and (DLT) distributed ledger technology. Ped later went on to cofound Block26, a venture vehicle for the DLT space established in 2014, leading the technology and investment strategy for the firm. Block26 to date has financed and incubated innovative projects that aim to enhance consumer adoption of DLT technology. Ped is an avid outdoorsman and loves spending time in nature with his family and friends and relishes the opportunity to manifest and create ideas that would help those in need and believes crypto-currency and blockchain technologies are integral for that. He is passionate about decentralization and is dedicated to advancing distributed ledger technology, the underlying protocol powering Bitcoin, Ethereum, and other world-class technology platforms.
$$$$GAHC$$$$
Awesome opportunity to pick up some cheap shares!
Nice VOLUME this morning! 10-Q today hopefully?!
10 Q today or Tuesday?!
I am truly excited for the future of this company. Fully loaded and ready to launch! Usually don't post but I would like to thank you all for your valuable insight.
$$GAHC$$
JBosean?
14A. What are your thoughts?
Any chance they are waiting till the end of Q2 to release any news? I'm trying to be optimistic here..
This is truly disappointing. Do you really think that could be in the works?
I agree 100%. Lack of news, low volume and weak sellers. This company has all the potential in the world they just need to stop being so secretive and update shareholders to gain confidence. I've seen lemonade stands that release more PR than this company.
Awesome thank you! GAHC being mentioned in this report is a HUGE DEAL. What are your thoughts regarding the current downtrend?
Can anyone post a link to the industry report that GAHC was mentioned in with Microsoft and all the other big players? Thanks
Thanks for the reply. A reverse split would be a disaster in my opinion. I hope they release something soon regarding acquisitions and election contracts. Good news alone will get this stock where it needs to be organically.