Global Arena Holding Inc (GAHC)

[Rockinboxers]

Should keep them going
This stands out. Anyone explain? GES is subsidiary of GAHC and has the ownership in Truevote. The way I read it, a Canadian co will now own GES and Truevote deal?? Don't understand enough to know how that affects GAHC and shareholders if deal goes through.
Isn't GES only thing bringing in revenue currently?

"On November 29, 2023 the Company signed a amended and restated non binding letter of intent letter that sets out the terms and conditions pursuant to which 1329291 B.C. Ltd. a company incorporated under the laws of the Province of British Columbia and a reporting issuer in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, will acquire all of the issued and outstanding equity securities and securities convertible into equity securities of Global Election Services Inc. The purchase price shall be the issuance of 22,000,000 common shares of 1329291 B.C. Ltd. at a deemed price of USD$0.25 per share in exchange for all of the issued and outstanding shares of GES"