SOURCE: GoIP Global, Inc.

GoIP Global, Inc.

October 02, 2011 10:46 ET

GoIP's Spin-Off of GOCOM Is Completed

NEW YORK, NY--(Marketwire - Oct 2, 2011) - GoIP Global, Inc. (PINKSHEETS: GOIG) announced today that GoIP's Shareholders of record of July 29, 2011 have received spin-off shares of GOCOM. DTC has received 3,884,264 of GOCOM shares for distribution to GoIP shareholders. Any shareholder of record that has not received the share distribution should be contacting their broker. For more information regarding the spin-off see: http://www.otcmarkets.com/financialReportViewer?symbol=GOIG&id=57546

Ike H. Sutton, GoIP Global's CEO, commented, "Now that the spin-off is complete and shareholders now have ownership in 2 companies, our focus is to finalize an acquisition for GoIP and rebuild GoIP value. There are several opportunities in review which we hope to announce shortly."

About GoIP Global, Inc.
GoIP Global offers a range of mobile media services, solutions and tools for brands, agencies, content providers, online portals, entertainment and media companies. GoIP Global offers brand and content customers great flexibility in creating mobile marketing campaigns and applications. For more information visit www.goipglobal.com.

This press release contains forward-looking statements involving risks and uncertainties, both known and unknown, that may cause actual results to differ materially from those indicated. Actual results may differ materially due to a number of factors, including the risk we may encounter delays or other difficulties in ramping-up production of our new products; the rapid development of new technology and competing products that may impair demand or render GoIP's products obsolete; and other factors discussed in GoIP's filings with the Pink Sheet Exchange.

Contact Information

  • GoIP Global, Inc.
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