Wednesday, August 09, 2017 10:47:45 AM
GBHL BIG Tweet Out! Going Current!
Watch for our 2nd quarter report to be filed very soon.$GBHL
— Global Ent Holdings (@GBHL_Ent) August 9, 2017
August 09, 2017
August 08, 2017
GBHL - Zero Dilution - 110M Float - Current - Recent Multiple PR's - Active Social Media & Website
Hello Traders!
GBHL has been Alerted!
BIG NEWS TWEET COMING
Excellent Recent Share Structure:
Share StructureMarket Value $391,867 a/o Aug 04, 2017
Authorized Shares 470,000,000 a/o May 09, 2017
Outstanding Shares 195,933,433 a/o May 09, 2017
Current Float: 110,715,804
Brand New Social Media Account!
@GBHL_Ent
Email Response From CEO on August 2, 2017
“We do not have any plans to dilute or reverse the stock at this time – doesn’t mean we will not in the future when and if it makes sense.
We are interested in a higher PPS when we can announce our financing plans are materializing, as we anticipate very soon. We are building the APP for You’ve Got The Part and have a test site up".
Four Subsidiaries Global Entertainment Holdings Owns:
1. Global Universal:
2. Global Entertainment production
3. You've got the Part
4. Weedweb: (MJ Industry Involvement)
Weed Web Management also anticipates that the online information portal , stemming from the Company’s recent acquisition of WW Digital Marketing Group, Inc., when financed and fully launched is expected to generate advertising revenues in the future as the use of medical and/or recreational marijuana becomes legalized in an increasing number of states, most recently with legalization initiatives passing in Arkansas, California, Florida, Maine, Massachusetts, Nevada and North Dakota. WeedWeb hopes to be the next “LinkedIn” type of ‘connections’ site for the legal cannabis industry; connecting individuals and businesses and allowing them to advertise and promote their wares on the WeedWeb portal.
Recent News
You've got the Part- (YGTP) app recent news:
May 22, 2017: GBHL commences development of the app
On May 8, 2017: Company received $1,000,000 in private financing to develop the mobile app
Based on discussions with CEO, Gary Rasmussen, Global Entertainment Holdings is very close to announcing updates showing new developments pertaining to the APP Launch.
The Company announced that its wholly-owned subsidiary, You’ve Got The Part, Inc., was awarded a Copyright and a Trademark pending by the U.S. Patent & Copyright Office, in connection with the roll out of the Company’s new social media web portal, ''You've Got The Part".
You’ve Got The Part You’ve Got the Part, our social media online “audition” platform, continues to be in active development, and when launched (targeted for late 2017) has the potential to generate substantial subscriber and advertising revenues. The projected operating costs are modest compared with the upside potential that management expects can be generated from the huge number of movie and TV fans wishing for a role in the next hit Hollywood movie and/or TV program. The Company is actively entertaining proposals for the initial build of the mobile App.
Financially Stable:
Total Assets: $917,000
Total Current Liabilities: $725,000
*This is the year ending 2016-- GBHL Assets have increased 4 years in a row.*
“Because of the degree of doubt concerning the Digicable deal, on December 13, 2016 the Company entered into a non-exclusive worldwide distribution license of its Hollywood classics digital library of approximately 1,900 titles with IFIXDIRECT, which intends to, in turn, sublicense distribution of the content to such notable platforms as Cinedigm and Hulu, etc. The license is for an initial 5-year term through December 31, 2021.
Similarly, on December 13, 2016 the Company entered into a non-exclusive distribution license of its Hollywood classics digital library with Hollywood Visionary Pictures Inc, which intends to in turn sublicense distribution of the content to platforms and broadcasters in mainland China, Hong Kong, Macau and Taiwan. The license is also for an initial 5 year term through December 31, 2021. The Company received an upfront payment against royalties due under this distribution arrangement.”
Operating Plan
Motion Picture Development, Production and collateral SBLC Distribution Global Entertainment Holdings, operating through its wholly owned subsidiaries of Global Universal Film Group, Inc., Global Entertainment Film Fund, LLC., and its 30% owned, Canadian affiliate, Global Universal Pictures (collectively, these entities are sometimes hereinafter referred to as “Global Universal” of “Film Group”), is engaged in the development, production and distribution of lower budget/high quality genre pictures.
Presently, our management is negotiating with several film distribution companies to assist us in financing and marketing a slate or pool of additional feature-length films. The distribution companies will typically charge a fee of 15% to 25% for foreign distribution, and 20% to 30% for U.S. distribution. The Company negotiates for the distribution company to provide some financing participation in each film’s budget, which, when combined with tax incentives and debt
Company Description - Global Entertaining Holdings
Entertainment and Media holding company with primary focus in Motion picture production and sales, as well as Internet presence in social media networks and digital marketing.
Happy Trading!
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