Replies to post #7015 on Global Holdings Inc. (fka GOHG)

[threewheeler]

past history shows Tecco gives up control of all the common shares but retains the Preferred Series shares so forces the new owner back out after he has taken their money does this look familiar to what just happened Plan of Operation
Global Holdings, Inc. (“Global” or “Company”) was incorporated in the State of Nevada in January 2007. In
September 2007, the Company formed its wholly-owned subsidiary, BZ Commercial. The Company is a
development stage company.
Effective as of November 4, 2009 Global Holdings, Inc., Mitchell Cohen and Stuart Davis (collectively, the
“Sellers”) and Alpha 1 Security, Inc. (“Alpha”), a Florida corporation, closed the Share Purchase Agreement, dated
April 13, 2009 and all amendments thereto (the “Agreement”). Pursuant to the Agreement, Alpha purchased
161,568,000 outstanding shares of the Company’s common stock and the Sellers received a total of $387,000 for
such purchase. As a result of the Agreement, there was a change in control of the Company, and Russell Varnado,
as Chairman and Director of Alpha 1 Security, Inc., acquired controlling interest of the Company from the Sellers.
Alpha obtained 82% beneficial ownership interest in the Company. Share Purchase Agreement by and among
Global Holdings, Inc. and Mitchell Cohen and Stuart Davis, and Alpha 1 Security, Inc. dated April 13, 2009 and
accompanying amendment was filed as an exhibit to the Form 8-K filed November 9, 2009.
Pursuant to the Agreement, effective as of November 4, 2009, Mitchell Cohen and Stuart Davis resigned from the
Company’s Board of Directors and from their positions as Chief Executive Officer, President, Chief Financial
Officer and Secretary respectively. In addition, Russell Varnado, Mark McCloy and John McKinnon were appointed
to the Board of Directors of the Company. Moreover, effective as of November 4, 2009, Mark McCloy became
Chief Executive Officer and President of the Company, replacing Mitchell Cohen as Chief Executive Officer,
President and Chief Financial Officer of the Company; John McKinnon became Vice President of the Company; and
Janice Ogletree became Secretary and Treasurer of the Company. Subsequently, on December 15, 2009 each of the
abovementioned officers and/or directors resigned and Terrence A. Tecco was appointed President, CEO and
Director of the Board. The Company remained Global Holdings, Inc. and did not change its name.