Replies to post #14679 on Embarr Downs, Inc. (EMBR)

[Atlanta1]

GIHI will become Ebarr Downs:

Globalgroup Investment Holdings Announces FINRA Announcement Dates for Spin-Off and Name Change

Globalgroup Investment Holdings, Inc. (PN) (USOTC:GIHI)


Los Angeles, California, August 29, 2013 - Globalgroup Investment Holdings, Inc. (OTC: GIHI) announced today the Company received confirmation yesterday from FINRA that all the necessary documentation had been received to announce the spin-off of Sovereign Oil and to change the name of the Company to Embarr Downs.

On August 29, 2013, FINRA will announce the following information regarding the Spin-Off:

Spin Off; 1 Restricted share of Sovereign Oil Inc for every 50 shares held. Fractions rounded up.
Record Date: 8/31/2013
Payment Date: 9/3/2013
Daily List Announcement Date: 8/29/2013

On September 6, 2013, FINRA will announce the following information regarding the name change and ticker symbol change:

New Name: Embarr Downs, Inc.
New Symbol: EMBR
Daily List Announcement Date: 9/6/2013
Market Effective Date: 9/9/2013