VIRGINIA BEACH, VA--(Marketwired - Mar 25, 2014) - GLOBAL HOLDINGS, INC. (PINKSHEETS: GBHD) announces that it has begun the process of becoming a U.S. S.E.C. fully reporting issuer. GBHD's management team started to interview a number of law and auditing firms who services can be utilized for this task. Upon completion of these interviews, management will retain the services of both a legal and auditing firm who will best fulfill this objective.
Becoming a full reporting issuer under the U.S. S.E.C . Securities Exchange Act of 1934 and/or the Securities Act of 1933 provides transparencies dictated through numerous rules/laws. The Company will be required to file a number of forms for public disseminations.
At this point in the Company's business cycle, GBHD's management feels that a fully reporting U.S. S.E.C. issuer status can provide confidence to investors, retail stock brokers, financial institutions, banks and customers on the health and growth at GBHD.
The Company's current shareholders can expect timely information as this process continues forward.
Global Holdings, Inc. owes no suppliers or manufacturers; inventories that are held have all been paid-in-full.
For further information about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, #757-306-6090.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competitions.