Global Entertainment Holdings/Equities, Inc. Receives Final SEC Approval of Form 10-SB and Appoints New Transfer Agent; Company seeks return to OTC BB.Business Editors OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb.--(BUSINESS WIRE)--Dec. 7, 2000 Corporate Stock Transfer, Inc. is Retained Global Entertainment Holdings/Equities Inc. (Pink Sheets:GAMM GAMM Generalized Air Mobility Model GAMM Gimbal Angle Matching Monitor GAMM German Association for Mathematics and Mechanics ) (www.globalentertainmentinc.com) ("Global Entertainment") announced today it has received final approval of its Form 10-SB from the Securities and Exchange Commission ("SEC") and as such is immediately seeking its return to the OTC bulletin board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. ("OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB"). The Form 10-SB approval by the SEC is a required step in order to return to the OTC BB. The Company anticipates filing for a Listing on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Small Cap Market early in 2001, assuming the results of operations for the fiscal year ending December 31, 2001, as audited, meet such requirements. Donald J. Lisa, President/CEO of Global Entertainment, stated that "Global Entertainment has worked hard to satisfy all of the comments and questions made by the SEC in connection with the Company's Form 10 SB the final approval of which clears the way to the Company's re-listing on the OTC BB and the re-establishment of the liquidity of the Company's stock. We are very pleased with the results obtained in completing this difficult and lengthy process. We look forward to re-establishing the value of our stock in the marketplace based on the public's full analysis of our published financial statements." In addition, Global announced today the appointment of a new transfer agent. As of November 30, 2000, Corporate Stock Transfer, Inc., a highly rated firm by the Depository Trust Company Depository Trust Company (DTC) DTC is the world's largest central securities depository. It accepts deposits of over 2 million equity and debt securities issues (valued at $23 trillion) from over 65 countries for custody, executes book-entry deliveries (valued at over $116 trillion based out of Denver, Colorado, assumed responsibilities as transfer agent for the Company. Corporate Stock Transfer may be contacted using the following information: Corporate Stock Transfer, Inc. 3200 Cherry Creek Cherry Creek may refer to:
Global Entertainment provides development stage equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. and merger and acquisition related services to its subsidiaries, Interactive Gaming & Wagering ("IGW IGW Increased Gross Weight (Boeing) IGW Investment Grade Wine IGW Integrated Gateway IGW Integral Gateway IGW Inter-Galactic War IGW If God's Willing IGW International Gateway IGW Internet Gateway IGW Industrial Security Gateway ") and Prevail Online, Inc. ("Prevail"). IGW has developed proprietary software called the Internet & Telephony Sportsbook & Casino System ("ITSCS") and maintains a hosting environment in Willemstad, Curacao. The ITSCS is a market leading turnkey sportsbook and casino software product and service combination that is licensed to third party online sportsbook and casino operators. Prevail, based in San Francisco, CA, specializes in Web-publishing and operates three online services: www.wheretobet.com, www.thesportsdaily.com and www.netbet.org. These sites are accepted as leaders in their industry. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Some statements in this release are forward-looking and are subject to certain risks and uncertainties. These risks and uncertainties include but are not limited to economic conditions, changes in laws or regulations, demand for products and services of the company and the effects of competition. These risks and uncertainties could significantly affect anticipated results in the future and actual results may differ materially from any forward-looking statements. www.globalentertainmentinc.com | www.interactive-gaming.com www.thesportsdaily.com www.netbet.org www.wheretobet.com Licensee Sites: www.fairdealsports.com www.wssbcasino.com www.gamedaysportsbook.com www.fairdealcasino.com www.wallstreetsuperbook.com www.gamedaycasino.com www.fivecardcharlie.com www.vipsports.com www.5cardcharlie.com www.vipcasinos.com |
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