NEWSSS....Transparency and EXPLAINS company plans and objectives...I like it they are keeping the share holders WELL INFORMED.................
Do we break .041 TODAY? Squeeze is on imo, BIGTIME
Global 1 Investments Holdings Describes It's Business Plan
Thursday November 9, 5:58 am ET
SSSU to Become Global 1 Investment Holdings Corporation and Investment Fund Manager
ATLANTA--(BUSINESS WIRE)--Global 1 Investment Holdings Corporation (OTCBB: SSSU - News), Traders Nation, www.tradersnation.com/sssu.shtml. SSSU changes name to Global 1 Investment Holdings Corporation and focuses on micro cap investment creation.
Business Plan:
The business plan of Global 1 is to act as a holding company for the strategic business units: Global 1 Entertainment, Global 1 Financial Services, and Global 1 Real Estate. Each of the business units will operate independently and have its own business plan.
Global 1 Entertainment:
Global 1 Entertainment business model is to produce, finance and distribute independent feature films and videos. Global 1 will finance its projects using our previously announced Tax Credit Fund and from a specially focus Entertainment Reg. E Fund. The Reg. E Fund will provide the infrastructure development for the production company and the Tax Credit Fund will provide the financing for the projects.
Global 1 Financial Services:
Global 1 Financial Services will act as the financial unit for the holding company. Global 1 Financial Services will organize and operate the ten (10) Reg. E Funds and primarily operate as the funding source for the other business units. Global 1 Financial Services will launch the first two Reg. E Funds during Nov. 2006 to raise $10,000,000.00 for the real estate unit and to fund a venture capital fund. We will launch new funds as soon as the prior funds are completed.
Global 1 Real Estate:
Global 1 Real Estate will act to find and develop distressed real estate assets for portfolio or repositioning in the market. Global Franchising Corp. is the first company to be developed by the unit. A Reg. E Fund with a real estate focus will finance the development of Global Franchising Corp. and other companies with a real estate focus.
Dividend Distribution Plan:
Our plan is to develop companies from which a portion of the equity will be spun off to the shareholders as dividends of distributions. Our plan is to distribute up to 25% of each company and to have each company trade under its own symbol with Global 1 Investment Holdings maintaining majority ownership in each company.
Summary:
Our strategic plan is being implemented with the corporate actions of name change, cusip number and symbol change taking effect immediately. Our immediate plan is to raise capital via the Reg. E Funds and continue to develop the business model.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on Global 1's behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
Contact:
Global 1 Investment Holdings Corporation
Barry Thomas, 404-255-0400
Investor_relations@mindspring.com
Source: Silver Screen Studios, Inc.
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