Global Arena Holding Inc (GAHC)

[WhiteShep]

Lets look at the details. The board withdrew its application. Board action, not rejection action. ..Development of operating company, GES no longer necessitates a RS.. Development means growth here. Which means the growth no longer needs r/s. Development is still happening but with out a R/S. All positive wording IMHO. So the question is where is the source for development coming if not from the R/S? Any which way it sounds good. Dilution is a silly answer when you have an approved R/S and then after you cancel it are going to call a shareholder meeting. (All above IMHO, an excited one at that)


FYI Here is a quote of what it reads:

https://www.sec.gov/Archives/edgar/data/1138724/000101489719000021/global8k801v2.htm

On March 13, 2019, the Company withdrew the application to FINRA to effect a 1 for 4 reverse stock split of the Company’s common stock.The Board is currently of the opinion that the development of the operating company, Global Elections Services, no longer necessitates a reverse split. The Company continues to renegotiate its outstanding convertible notes.
The Board intends to hold a new shareholder meeting within the next 60 days.