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GLXI...rumors of big acquisition!
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[QUOTE]Originally posted by 10of13: [QB] March 22, 2007 - 10:32 AM EDT close Email this News Article Your Name Your Email Friend's Name Friend's Email Receive Copy: yes GLXI 0.29 -0.01 Today 5d 1m 3m 1y 5y 10y Globex, Inc. Announces Appointment of New Board Members and Provides Update on Plans to Uplist from the Pink Sheets NEW YORK, March 22 /PRNewswire-FirstCall/ - Globex, Inc. (GLXI: Pink Sheets) is pleased to announce the appointment of Mr. Jonathan Morrone and Mr. Craig A. Calaman to the Company's reconstituted Board of Directors. They will serve as non-executive directors on the Board. Jonathan Morrone Mr. Morrone has spent his career working with notable securities firms such as Dean Witter, Hambrecht and Quist, and Gruntal. He has been instrumental in providing guidance, raising capital and developing strategies for Boston-based BioDefense Corporation, a developer of biotechnology protection devices for homeland defense. Mr. Morrone graduated from Northeastern University where he studied International Finance and Asian Studies and Chinese. Craig A. Calaman Since March of 1992, Craig has been affiliated with the Professional Conduct Committee of the New Hampshire Supreme Court as the forensic auditor. In this capacity, he is charged with evaluating the internal controls and monitoring the fiduciary relationships of legal entities and their clients to determine if they conform with the proper accounting rules in general, and the proper NH Supreme Court Rules in particular. He holds a Master of Science degree in International Business from New Hampshire College, located in Hooksett, NH. He is a certified public accountant, licensed by the State of New Hampshire. Management is honored to have such high profile businessmen joining its team. These two directors will be appointing three new board members to complete the team in the next couple of days. The Company is relocating its corporate headquarters to Orlando, Florida, and will open a project management office in Northern Quebec to commence its extraction operations. Globex also announced that the internal financial statements will be completed by next Monday and made available to auditors and finance organizations. Finally, in order to protect shareholder value from potential naked shorting of the stock, the Company is currently evaluating other means to accelerate its achievement of reporting status. Forward-Looking Statements [/QB][/QUOTE]
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