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Tuesday, 08/21/2018 2:03:17 PM

Tuesday, August 21, 2018 2:03:17 PM

Post# of 52740
GAHC - volatility on news this morning... looks like williams %R hit bottom on the 14th... keep an eye on volume... 0038-004 seems like base for now, 52 week low @ 0037... potential r/s here so buyers beware...

https://www.otcmarkets.com/stock/GAHC/news/story?e&id=1155560

Global Arena Holding, Inc. Announces Second Quarter Financials
New York, NY , Aug. 21, 2018 (GLOBE NEWSWIRE) -- - via NEWMEDIAWIRE – Global Arena Holding, Inc. (the “Company”) (OTC PINK: GAHC), announced today that the Company has filed its second quarter financials. Due to a reduction in derivative liability, the Company’s basic and diluted earnings per share were $0.01.

The Company has continued to fund the acquisition of certain election assets, specifically the asset purchase of Election Services Solutions, by Global Election Services, the Company’s subsidiary (GES). The asset purchase provides new clients, additional election expertise and a management team with an over 30-year track record conducting elections under the Department of Labor rules and regulations.

The Company continued to fund development of certain election software, for GES, specifically focusing on proprietary voter registration systems, using the resources of our joint venture partner, HCAS Technologies and Imaging 101. GES is deploying election software which protects potential voter’s information, as well as updating and determining individual voter eligibility. GES is also deploying proprietary ballot scanning and tabulation software which uses advanced OMR/OCR/Barcode scanning and tabulation software featuring de-skewing, de-speckling and image correction. The computer hardware, and software has been designed to run without Internet or Wi-Fi access and is hard wired, ensuring complete security in the mail ballot process.

Included in the Company’s earnings to date is the completion of two online elections completed by GES and Voting Portals. Together, GES and Voting Portals have successfully completed a contract vote, and an organized labor officer election with 15,500 members; both elections were completed under the recent guidelines issued by the US Department Labor for Online labor elections.

The Company’s chairman, Mr. Matthews, stated, “I am very pleased with the progress of GES election technology development to date and look forward to the new relationship with Synectic Advisors, a joint venture announced in the Company’s last 8K to develop Blockchain related solutions for Ballot Creation, Registration Systems, Scanning of Ballots and Private Secure Cloud / Data Warehouse.”

About Global Arena Holding

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. and GAHI Acquisition Corp. The Company focuses on acquiring technologies, patents and companies having the ability to leverage the blockchain crypto technology.

For more information visit: http://globalarenaholding.com

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