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Re: None

Sunday, 03/25/2007 1:32:39 PM

Sunday, March 25, 2007 1:32:39 PM

Post# of 27222
My gut hunch is that this PR will explain WHY GLXI has come under such a vicious bashing attack, and WHY shareholders may do well to be very SLOW before panicing and selling shares:

NEW YORK, NY, Jan 11, 2007 (MARKET WIRE via COMTEX) -- Globex, Inc. (PINKSHEETS: GLXI) today announced that it has received several take-over offers from international organizations. The organizations have proposed to acquire all the outstanding common shares of Globex via a friendly take-over bid. The offer price per share is well above Globex's current price per share. Globex's Board of Directors will thoroughly review all of the offers this month and decide which of them, if any, is in the best interests of shareholders. Further details will be disclosed upon the signing of a potential take-over support agreement.