Global Arena Holding Inc (GAHC)

[Dzelle]

🚨 Shareholder Alert: GAHC / GES 🚨

John S. Matthews, Chairman of Global Arena Holding Inc. (GAHC) and Global Election Services (GES), went public last year saying the company was seeking an acquisition to increase shareholder value.

Instead of following through, management quietly shifted to an Asset Purchase Agreement (APA) involving the sale of substantially all of GES’s assets.

That change carries serious implications:
• Broken promise ? Shareholders were led to expect a value-enhancing acquisition.
• APA reality ? The deal strips GES of its core value, with little or no benefit for common shareholders.
• Fiduciary duty ? Matthews and the board are obligated to act in shareholders’ best interest. This shift suggests otherwise.
• Transparency ? The change from “acquisition for shareholder value” to “asset sale gutting GES” was never properly explained.

This represents more than a simple oversight — it reflects a pattern of misleading conduct: late filings, vague disclosures, insider positioning, and now a bait-and-switch transaction structure.

📌 Shareholders deserve clarity and full disclosure when management shifts course in ways that directly impact company value.