Global 1 Investments Addresses Several Frequently Asked Questions Regarding Failure to Deliver and Short Squeeze Questions with Investors Newsletter
Wednesday November 15, 10:40 AM EST
ATLANTA, Nov 15, 2006 (BUSINESS WIRE) -- Global 1 Investment Holdings Corp. (GOIH), Traders Nation, www.tradersnation.com/sssu.shtml, changes name to Global 1 Investment Holdings Corporation to reflect our new business model. Our IR site www.global1inc.com is active today, see our investors newsletter, Investors Newsletter: 11-15-06.
Short Positions and Failure to Delivery of Shares:
We have been informed that certain brokers are informing shareholders GOIH has not delivered shares to the transfer agent and the transfer agent has not delivered shares to the DTC. This information is not correct.
GOIH is not required to deliver any shares to the DTC nor is the transfer agent required to deliver any shares to the DTC or to your broker. The shares of SSSU automatically converted into shares of GOIH upon beginning of trading on November 13, 2006. See link NASDAQ symbol change verification from SSSU to GOIH.
We believe if your broker is telling you the above statement, your broker sold you shares and the shares were never delivered by the seller of the shares and your broker does not have your shares, and cannot get shares now that the name, CUISP number and symbol has been changed.
Online Naked Short Selling Seminar.
Failure to Deliver of Shares:
Your broker will be forced to go into the market and purchase the shares at the current market price and then deposit the purchased shares into your account.
Your broker will attempt to delay this process as long as possible and will attempt to drive the price of GOIH down to purchase the shares as cheaply as possible before crediting your account. Your broker is now in a failure to deliver position and cannot deliver your shares. See our newsletter for more information, Investors Newsletter: 11-15-06.
REG. E Funds:
We have been informed we will receive our audit for our Reg. E Funds and we can officially launch the Funds to raise $10,000,000.00. We will immediately implement our new business model and initiate the dividend and share support strategy.
About Global 1 Investments:
We have officially converted SSSU to Global 1 Investment Holdings Corporation and received a new trading symbol GOIH. Our new business focus will be a diversified financial services conglomerate. Our business model is based on Berkshire Hathaway (BRK.A), Sears Holdings (SHLD), the investment bank of Goldman Sachs (GS) and the entertainment unit of Time Warner (TWX).
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.
CONTACT: Global 1 Holdings, Atlanta
Barry Thomas, 404-255-0400 Investor_Relations@mindspring.com |
