SOURCE: Global Holdings, Inc.

June 23, 2011 15:47 ET

Global Holdings, Inc. Provides Corporate Update for Shareholders and Interested Parties

FRISCO, TX--(Marketwire - Jun 23, 2011) - Global Holdings, Inc. (PINKSHEETS: GOHG) is happy to announce to its shareholders that the company is eagerly working on several items to bring the company current in its filings. As of June 16th, 2011, the quarterly financials have been posted to the OTC Markets. CEO Terrance Tecco is also pleased to announce that the company's audit is near completion and will be available and filed shortly.

Global Holdings, Inc. would also like to update shareholders on the continued pursuit of the research and development of the previously identified technologies that the company feels will propel Global Holdings into a solid, profit making conglomerate. These technologies are unique and would fill voids in various marketplaces with little or no competition. The company is confident that working prototypes for biomedical applications and renewable energy sources will be completed by the end of the year. CEO Terrance Tecco is in constant contact with the scientist involved in the company's technologies and all projects are moving forward rapidly to complete these for the market place.

Global Holdings, Inc. (PINKSHEETS: GOHG) objective is to acquire, partner with and promote advanced technologies through management coaching, effective intellectual property deployment, business networking and intelligent financial solutions. The company is a technology incubator that offers a specialized menu of support resources and services. Management believes it will accomplish its goal to maximize shareholder value through strategic acquisitions and effective business design.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in Global Holdings' filings with the Securities and Exchange Commission.

Contact Information