NEW YORK, NY--(Marketwired - Jun 28, 2016) - Global Arena Holding, Inc. (OTC PINK: GAHC), (the "Company") announced today that the Company has entered into an Letter of Intent ("LOI") with an Australian voting App company, to secure certain U.S. Licenses for a popular voting App that removes the bureaucracy from the campaigning and voting process -- creating a two-way communication directly between candidates and constituents... untampered, unspun and in real-time.
"This is a real game changer for the entire voting process across the board," stated Mr. John Matthews, CEO of Global Arena Holding, Inc. "With this type of App, a true democratic process can be supported. Candidates gain a higher level of voter involvement, receive enhanced perception and interaction, and reduce the high media cost of campaigning; leveling the playing field. More important, 'the people', the most key part of any voting process, know their voices are being heard."
Management indicated that the App's original technology is already in play within the United States through television network polls and online polling widgets. The Company has been in negotiations with the Australian company for several weeks now; finalizing its formal agreement. Should all go well, Global Arena Holding will be the benefactor of certain U.S. Licenses that will instantly establish additional revenue generating opportunities. These U.S. Licenses will also give the Company's subsidiary (Global Election Services ("GES")) the ability to enhance its current service offering and aggressively expand its client base.
Mr. Matthews concluded, "This is a deal that we are truly excited about. The technological contribution this will make to our planned rollout over the next six months will be incredible. The licenses we intend to secure will make GES more attractive to a more eclectic client base, while providing yet another platform for us to leverage our interest in those blockchain technologies relating to election services."
Management anticipates having a formal U.S. licensing deal in place shortly after the upcoming July 4th Holiday, where a formal announcement of the new international partner will be made.
About Global Arena Holding
The Company trades on the OTC Pink Sheets under the ticker symbol GAHC. The Company has been publicly traded since 2011 and holds a number of interests, including Global Elections Services, Inc., GAHI Acquisition Corp and Blockchain Technologies Corporation Inc. The Company focuses on acquiring technologies, patents and companies having the ability to leverage the blockchain crypto technology.
For more information visit: http://globalarenaholding.com
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