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Gold/Mining/Energy : Global Election Systems, GSM.TSE ,explosive growth, low PE

GSM 5.430

+1.7%

12:45 PM EST

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To: Ciao who wrote (268)	10/1/1998 7:37:00 PM
From: Ciao	Read Replies (1) of 333

To all: GLOBAL'S REGISTRATION STATEMENT DECLARED ''EFFECTIVE'' BY U.S. SECURITIES AND EXCHANGE COMMISSION VANCOUVER, Oct. 1 /CNW/ - Global Election Systems Inc. Trading Symbol: GSM (TSE) Global Election Systems Inc. announces that the U.S. Securities and Exchange Commission (the ''SEC'') has declared the Company's Form 20-F registration statement effective. Global is now a reporting company under the U.S. Securities and Exchange Act of 1934 as Amended, and its shares can now be traded in the United States in compliance with SEC regulations. Global expects to be trading on a U.S. exchange in the near future. Howard Van Pelt, President of Global, stated ''Global's primary product market is in the U.S., our headquarters are in Texas, and we have a large U.S. shareholder base. It was therefore appropriate that Global registered in the U.S. in order that our shares can be actively traded there.''

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