GLOBAL HOLDINGS, INC. (GBHD) ACQUIRES TRUE HEALTH, INC.
Virginia Beach, VA,-October 31, 2014- GLOBAL HOLDINGS, INC. (PINKSHEETS.GBHD) announces that it has acquired True Health, Inc. The transaction closed the evening of October 30, 2014. Management sees this acquisition as an immediate value-added position to GBHD’s consolidated operations. GBHD believes that numerous synergies exist between True Health, Inc. and GBHD’s other wholly-owned health related subsidiaries, http://www.gbhd.net/subsidiaries/.
More information regarding True Health, Inc.’s business fundamentals on this newly acquired, wholly- owned subsidiary will be forthcoming in ensuing announcements.
For further information about this release, contact Rich Kaiser, Investor Relations, 757-306-6091 and/or info@gbhd.net, www.gbhd.net.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competitions.