SOURCE: GoldLand Holdings Co.
BRADENTON, FL--(Marketwired - Apr 9, 2014) - GoldLand Holdings Co. (OTCBB: GHDC) announces the closing of the acquisition of Universal Entertainment, SAS, a gaming entity with operations in South America. Buyer and Seller signed the final acquisition documents and the subsequent lease of the large amount of gaming equipment to the casino owner. A filing with the SEC (Securities and Exchanges Commission) is being prepared by the GHDC's lawyers outlining all of the particulars of this transaction and its reflection on the financial future of the Company.
This new venture provides GHDC with monthly revenue streams, and as such, the Board of Directors will continue to pursue further acquisition in Central and South America similar in nature to this transaction. This footprint, within the growing economies of Latin America, gives to the Company's Board of Directors, a window on possible South American mining and gaming ventures, which, in both cases, would expand GHDC's current activities.
Management will travel shortly to South America to meet with our consultants in the area and look for new acquisitions in-line with our business plan.
GHDC's annual shareholders meeting will likely be held this year in Florida, so as to minimize travelling costs for all concerned. Shareholders will have ample opportunity to examine in detail the particulars of this acquisition and to vote on the Company's renewed and expanded directorship.
For further information about this release, contact Rich Kaiser, Investor Relations, 757-306-6090 and/or email: email@example.com; www.goldlandholdings.com
GoldLand Holdings, Co., cautions that the statements made in this press release and other forward looking statements made on behalf of the Company may be affected by such other factors including, but not limited to, vagaries of the tourist trade, volatility of mineral prices, market competition, and other risks detailed herein and from time to time in the Securities and Exchange Commission filings of the Company.