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Thursday, July 11, 2019 8:33:58 PM
Read compensation agreement from 8k dated 12/15/17.
It states Mathews can be replaced at any time as CEO, with or without cause. Read further down and you will see he receives 10% commission or any government election here or abroad.
IMO he will happily turn over control and spend time pursuing government elections. One state elections could be 40 million dollars at 10% commission that’s 4 million dollars time 50 states is 200 millions in commissions. He feathered his nest well.
Now, look at the press release from 3/18/18 voting portals.
Research the president of the company Ben Solomon. Extremely successful attorney and the leader in online associations voting.
I will post a few links about him in my next post.
He could be the next CEO, with new leadership. UAHC has already made an investment in GAHC, of over $500,000.
If they come in with second round of $800,000 to $1m that would give the company capital requirements to up lift to the NASD. GAHC already meets the criteria for numbers of shareholders. To accomplish all the above GAHC will have to increase outstanding shares for UAHC financing and compensation for Ben Solomon to be come CEO. The increase in share will have no impact on the float since they will be restricted. Also the company will have to have shareholder approval.
Timeline who can tell. IMO it will work like this. GAHC will have to file two 8k, one for financing and other for proxy. If my guess is correct, this will happen in two weeks. Follow by a proxy statement in the next 30 days. Uplift to the NASDEX will take months.
IMO an e executive like. En Solomon will not be involved without big things to come.
Please keep in mind this is just my speculation.
Do your DD an invest where it takes you.
Recent GAHC News
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 02:18:17 PM
- Management Discusses Financial Filing of Global Arena Holding Inc., for 10-Q, Third Quarter 2023 • InvestorsHub NewsWire • 01/25/2024 02:19:21 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/11/2024 09:12:10 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/01/2023 08:53:20 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 06:29:27 PM
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