SOURCE: Element Global, Inc.

July 21, 2015 11:45 ET

Element Global, Inc. (GBHD) Provides Corporate Update

VIRGINIA BEACH, VA--(Marketwired - Jul 21, 2015) - Element Global, Inc. (OTC PINK: GBHD) provides a corporate update on its operations. Recently, management announced that a successful negotiation resulted in a merger/ take-over. Pursuant to this action, management aggressively seeks the sale of ALL GBHD's existing holdings.

An Element Group, Inc.'s fully owned subsidiary completed a KPMG audit, revealing $3.75 Billion Euros in assets. The completed audit allows management to proceed with necessary US SEC requirements to become a fully reporting entity under the 1933 and/or 1934 Acts.

Further, management reports that an underwritten bond offering of $600 Million US is currently being solicited. Once bond is fully subscribed and closed, a major US firm will proceed with a secondary equity offering.

Monies received from both offerings will be utilized for current and future operations.

Management will continue to provide operational updates at they continue to become available.

For further information about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, #757-306-6090, www.gbhd.net, info@gbhd.net, and/or yes@yesinternational.com.

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.

Contact Information

  • CONTACT:
    Element Global, Inc.
    Rich Kaiser
    Yes International
    757-306-6090