NEWS>HIGHLIGHTS in black bold..>Global 1 Investments Shareholders Update
Thursday November 16, 5:22 pm ET
ATLANTA--(BUSINESS WIRE)--Global 1 Investment Holdings Corp. (OTCBB: GOIH - News), Traders Nation, www.tradersnation.com/sssu.shtml, changes name to Global 1 Investment Holdings Corporation to reflect our new business model. Our IR site is www.global1inc.com.
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Shareholders Update:
Our share price was down today, however, our business plan remains unchanged and nothing has fundamentally changed at the company. We attribute today's price change to market makers attempting to shakeout shareholders from their shares before they are forced to buy in the market.
Business Plan:
Our business plan has not changed and the first two Reg. E Funds will be launching on next week each for $5.0 million. $1,000,000.00 of the Fund will be used to support GOIH and we intend to buy back shares in the open market. The share exchange plan will be put in effect with one of the Reg. E Fund and we expect GOIH to reward our shareholders.
Acquisitions:
We have several acquisition candidates under review and as soon as the due diligence is complete we will make the announcement for a business combination.
Dividend Record Dates:
We will be announcing a new record date for purchasers of our shares. The original announced payment of cash and stock totaling $0.75 is still our plan. The announcement will be made as soon as the details are finalized.
Summary:
Our business is fundamentally unchanged and today's trading amplifies the market gyrations of the OTCBB. Our plan is to rapidly gather the assets through our investment funds and leave the OTCBB for a more stable trading platform.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on Global 1 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 Holdings
Barry Thomas, 404-255-0400
Investor_Relations@mindspring.com
Source: Global 1 Investment Holdings Corp.
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