NEWS
December 12, 2006 12:11 PM Eastern Time
Global 1 Investments Seeking Merger and Acquisition Partners and Comments on Business Development
Global 1 Comments on Business Development Plans and 2007 Agenda
ATLANTA--(BUSINESS WIRE)--Global 1 Investment Holdings Corp. (OTCBB: GOIH), audio interview at 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.
Business Development:
We are actively seeking merger and business combination partners for our Private Equity Reg. E Fund and for our Real Estate High Yield Fund. We have the audit completed for both Funds and we are actively seeking business combination partners in the financial services and real estate sectors. We are seeking to acquire or enter into a business combination with companies that have positive cash flow.
GOIH will use the business combination strategy to combine itself with a business via Form S-4 and immediately seek a NASDAQ and London Stock Exchange listing. We feel the OTCBB and the various activities is not the proper place for our shares to trade.
Companies Seeking to Go Public:
Our next Reg. E Fund will be a venture capital fund to assist companies desiring to go public. We are accepting business plans and concepts of companies seeking a public listing and seeking funding.
Mergers and Acquisitions Reg. E Funds:
We have two additional Reg. E Funds in development and once completed we will have the asset value to move off the OTCBB and apply for a NASDAQ Small Cap listing.
About Global 1 Investments:
We have officially converted SSSU to Global 1 Investment Holdings Corporation and received a new trading symbol GOIH. Our new business focus will be a diversified financial services conglomerate. Our business model is based on Berkshire Hathaway (NYSE: BRK.A - News), Sears Holdings (NASDAQ: SHLD - News), the investment bank of Goldman Sachs (NYSE: GS - News) and the entertainment unit of Time Warner (NYSE: TWX - News).
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.
Contacts
Global 1 Holdings, Atlanta
Barry Thomas, 404-255-0400
Investor_Relations@mindspring.com