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June 19, 2007 - 10:51 AM EDT
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GOIH 0.007 -0.0001
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Global 1 Completes Steps to Launch Financial Services Platform as an International Operational Institutional Investor
Global 1 Investment Holdings Corporation (OTCBB:GOIH), www.global1inc.com discusses strategic initiatives, acquisition plans, funding and growth ideas.
Business Combination GOIH and New Shares:
We believe the current shares of GOIH are undervalued. Based on our model and financial platform, we believe our shares do not reflect the true value of our business operations. Our board of directors has approved the formation and registration of a new company to trade in the market without restrictions on the purchase of its shares.
We are proceeding on the formation of a new company that will enter into a business combination with GOIH where the new shares will be issued in a merger on Form S-4 and trade without restrictions.
The new shares will have a price of at least 8.8 cents per share where the shareholders of GOIH can exchange their current shares for new shares in the new company or exchange their shares for shares in our private equity funds, or the shares of a company we IPO. We expect the merger documents to be completed shortly.
AIM Listing and IPO:
We have inquired of a listing of the new operations of our Institutional Investor platform on the international Alternative Investment Market (AIM) and have completed the following steps: (i) A portion of $500 million in preferred shares we previously registered on Form 8-A will be registered in international trading markets and the funds used to build out our infrastructure, (ii) completed the financial audit of two $5 million Reg. E Business Development Funds, (iii) completed the Form ID for SEC registration of the Reg. E BDFs, (iv) completed an investors rights offering document for investors who want to invest in our first IPO, (v) completed the organization of G1 Structured Credit Corporation.
G1 Structured Credit Corporation and Regulation S Offering:
G1 Structured Credit Corporation has been officially launched. A portion of the Class A Preferred shares ($50 million) will be used to capitalize G1 and we expect to begin operations shortly.
G1 has designed several fixed income derivative products for the real estate and entertainment sectors that guarantees an investor a return of principal investment.
Variable Yield Principal Guaranteed Notes:
Variable Yield Principal Guaranteed Notes, (“VYPGNs”) have been designed to provide an investor in our Funds a guaranteed return of principal and a variable rate of return based on the investors risk profile. The notes will be used to acquire a portfolio of real estate assets, fund the mortgage lending operation, and fund the guarantee contract to assure the investors’ capital.
About Global 1:
Global Private Equity Fund for Acquisitions:
The acquisition of a company with cash flow in the financial services sector to integrate into our platform and the issuance of G1 $2.150 Billion Global Investment Notes to build an internationally publicly traded private equity fund to make acquisitions in the financial services, entertainment and real estate sectors are our goals.
FAQs:
1. Where can the shares of GOIH be purchased?
A. The shares of GOIH can be purchased from the following brokers: Terra Nova Trading, Noble Trading, Mytrack Trading, Charles Schwab Trading and any of the large brokers.
2. Will current holder of more than 300,000 shares of GOIH be eligible to receive the discount on IPO shares?
A. Yes, current holders of more than 300,000 verified shares according to the NOBO list will receive the discount.
Disclaimer: This disclaimer is incorporated by reference as if fully set forth herein in this as well as all media releases on GOIH behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control. The risk factors contained in our public filings are incorporated by reference into this media release. An investment in GOIH is speculative and market forces beyond the company’s control can have an adverse effect on an investment in GOIH.
Global 1 Investment Holdings Corporation
Barry Thomas, 404-222-7344
investor_relations@mindspring.com
Source: Business Wire (June 19, 2007 - 10:51 AM EDT)
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