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SSSU new symbol GOIH
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[QUOTE]Originally posted by JBravo: [QB] Global 1 Investments Confirms Audits Completed for Reg. E Venture Capital Fund and High Yield Real Estate Fund Update: 2:13 PM ET Nov 20, 2006 ATLANTA, Nov 20, 2006 (BUSINESS WIRE) -- Global 1 Investment Holdings Corp. (GOIH : global 1 invt hldgs corp com 2:34pm 11/20/2006 GOIH0.06, +0.01, +8.8%) , [URL=http://www.global1inc.com,]www.global1inc.com,[/URL] changes name to Global 1 Investment Holdings Corporation to reflect our new business model. Reg. E Funds Audit Completed.: Our auditing firm has confirmed that the audits for Global 1 Venture Capital and Global 1 High Yield Real Estate Funds have been completed. We will launch the funds immediately for the raising of $5,000,000.00 for each fund. We will apply for a trading symbol from NASDAQ for the Funds to Trade on the OTCBB immediately. We have achieved a milestone in our restructuring and these are the first of many other Funds that we will be shortly launching. Business Combinations and Dividends: Our investment banking unit is seeking companies that wish to go public and to enter into business combinations with our Global 1 Venture Capital Fund. The companies we take public through the business combinations, 25% of the equity will be distributed as dividends to our shareholders. We are readying for the first distribution to be shortly issued. Share Imbalance and NOBO List: Our new class of preferred stock will reward investors and provide a currency for acquisitions, once the share imbalance is officially determined from the revised NOBO List, we will go forward with the dividend distribution estimated at $0.75 per share. Corporate Objectives: Our goal is to have $100,000,000.00 under management within eighteen (18) months and acquire three (3) operating businesses for business combinations giving GOIH an intrinsic value of between $0.35-$0.75 per share inclusive of dividends. Summary: We have several financing options we are pursuing to add value and assets to our balance sheet. Currently we are a debt free company and will use our various financial instruments to add assets and financial leverage for our growth. We are seeking operating business wishing to go public for our business combination program. About Global 1 Investment Holdings Corporation: Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on Global 1 behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control. SOURCE: Global 1 Investment Holdings Corp. [/QB][/QUOTE]
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