SOURCE: Global Arena Holding, Inc.

Global Arena Holding, Inc.

July 01, 2015 11:27 ET

Global Arena Holding, Inc. (OTC PINK: GAHC) Is Pleased to Announce the Hiring of Maralin Falik as Chief Executive Officer of Global Elections Services Inc., a Wholly-Owned Subsidiary of GAHC

NEW YORK, NY--(Marketwired - Jul 1, 2015) - GAHC (OTC PINK: GAHC) is pleased to announce the hiring of Maralin Falik as Chief Executive Officer of Global Elections Services Inc., (GES), a wholly owned subsidiary of GAHC.

On February 25, 2015, GES was incorporated under the laws of the State of Delaware. GES provides comprehensive technology-enabled election services to clients. The goals of GES are to assist private organizations manage elections, strengthen corporate governance, increase member participation and reduce costs. Maralin Falik has decades of experience in election administration, integrating multiple methods of voting; paper ballots, Internet voting, telephone voting or any combination of these methods. Maralin Falik has been supervising elections since 1981, having managed over 7,000 elections involving more than 40,000,000 voters -- none of which have been overturned.

Maralin Falik's professional career includes previously working with Honest Ballot Association, a not-for-profit organization founded by Theodore Roosevelt, where she was Executive Director,, and Election Services Solutions. Because of Maralin's experience in providing complete election management solutions to key private sector clients, including labor unions, associations and apartment cooperatives/condominiums, she has been named CEO of GES. Maralin's record reflects the quality of her work when defending challenges before the Department of Labor and the courts. Maralin has also testified as an "election expert" to the courts and various oversight groups.

GAHC continues its discussions regarding the potential asset acquisition of Elections Services Solutions LLC, a US-based company that provides comprehensive technology-enabled election services, primarily for Organized Labor Associations. GAHC is negotiating the principal terms and conditions of such acquisition which would likely involve issuing restricted shares of our common stock as consideration, paying a cash purchase price and assuming certain liabilities. GAHC's Chairman John S. Matthews is the son of one of the principal stockholders of ESS. Accordingly, our chairman has recused himself from our Board's consideration of this potential acquisition.

John S. Matthews, the Chairman of GAHC, said, "We are very pleased Maralin has joined GES and believe she brings tremendous experience, and a strong reputation built up over decades. Maralin will instill leadership, create a strong corporate culture and develop GES to its full potential."

Maralin Falik, the new Chief Executive Officer of GES, said, "I am delighted to be joining GES, and I believe there is an opportunity to grow the Elections business, focusing on elections for labor unions, apartment cooperatives, condominiums, and trade associations. I look forward to developing a Mediation and Arbitration Division, which I believe will enhance the GES business platform. I also believe the proposed acquisition of the Blockchain Technology Corporation by GAHC may give GES a strategic advantage based on the provisional patent application filed by BTC with the United States Patent and Trademark, office which provides for the use of a Blockchain data base to enhance and support secure electronic voting and election results."

GAHC is trading on the OTC Pink Sheets and has been publicly traded since 2011. GAHC holds a number of interests, including Global Elections Services, and Global Arena Investment Management.

Safe Harbor: This press release contains forward-looking statements. Forward-looking statements, which involve assumptions and describe our future plans, strategies and expectations, are generally identifiable by use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend" or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned that such forward-looking statements should not be construed as a guarantee or assurance of future performance or results. Actual events or results may differ materially from those discussed in forward-looking statements as a result of various factors. In light of these risks and uncertainties, there can be no assurance that the forward-looking statements contained herein will in fact occur. These forward-looking statements are based on current expectations, and the Company assumes no obligation to update this information. Readers are urged to carefully review and consider the various disclosures made by the Company in its Form 10-K and in the Company's other reports filed with the Securities and Exchange Commission that discuss certain of the risks and factors that may affect the Company and its business.

Contact Information

    Global Arena Holding, Inc.
    1500 Broadway, 5th Floor
    New York, New York 10036
    (212) 508-4704