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Re: Profe$$or post# 827520

Friday, 12/01/2006 3:49:42 PM

Friday, December 01, 2006 3:49:42 PM

Post# of 4972432
WHKA Possible huge short covering.imo

VANCOUVER, BC, Nov 16, 2006 (MARKET WIRE via COMTEX) -- Vancouver, November 16, 2006 - Global Developments, Inc. (PINKSHEETS: GBDP), a publicly traded venture capital company, is pleased to announce the declaration by its Board of Directors on November 13, 2006 of its first stock dividend of one of its portfolio investments.
The Board of Directors has announced that all Global shareholders of record at the close of business on November 30, 2006 will be eligible for one share of World Hockey Association Corp. (PINKSHEETS: WHKA) for every thirty shares of Global. The dividend will be issued on December 15, 2006.

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