SOURCE: Global Bancorp Inc.

July 05, 2005 09:40 ET

Global Bancorp, Inc. to Provide 10-for-1 Forward Split for All Shareholders of Record as of Close of Business Today, July 5, 2005

VANCOUVER, BC -- (MARKET WIRE) -- July 5, 2005 -- Global Bancorp, Inc. (OTC: GBBI) is today providing 10-for-1 forward split for all shareholders of record as of close of business today, July 5, 2005. The Company also notifies its shareholders that the split is treated as a mandatory exchange, whereby all shareholders that are entitled to the forward split are required to submit their certificates to receive the forward split.

For additional information please contact the Company or our transfer agent Interwest Transfer Co., Inc., Salt Lake City, UT.

Global Bancorp (Global or the Company) is incorporated in Nevada, and has its corporate office in Vancouver, British Columbia. Global's corporate objective is to become a leader in advanced digital media technologies including Video on Demand, Voice Over Internet (VoIP), and a smart card bank platform for future integrated commerce and eCommerce applications such as Web-Enabled ATMs (personal banking in the home).

This release contains forward-looking statements that involve risks and uncertainties. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors. This announcement does not constitute an offer to sell or the solicitation of offers to buy any security and shall not constitute an offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Contact Information

  • Company Contact:
    Global Bancorp, Inc.
    Romeo (Ray) Prescott
    1 (604) 288 8292