GLOBAL ARENA HLDG INC - GAHC STOCK NEWS

Global Arena Holding, Inc. (GAHC) announced its subsidiary, Global Election Services, Inc. (GES), has invested in TrueVote, Inc., which is creating a decentralized digital voting system. The investment was formalized on February 27, 2023, through an amendment to a Convertible Promissory Note. GES has forgiven a $50,000 note unless specified conditions occur. Additionally, GES issued new warrants to TrueVote principals, allowing them to purchase up to 2,250,000 shares at an exercise price of $0.0012. TrueVote's CEO expressed excitement about enhancing voting transparency and plans to release an alpha version of their platform by summer 2023.

Global Arena Holding, Inc. (GAHC) announced its subsidiary, Global Election Services, Inc. (GES), will undergo a corporate rebranding and expand its services. GES will diversify into four divisions: Government Elections, Corporate Governance, Interactive Communication, and Organized Labor. The strategy includes applying for U.S. Elections Assistance Commission certifications and providing election administration services to public companies. GES aims to enhance communication through proprietary technology, serving organizations like labor unions and political parties. The Chairman stated that further updates on growth strategies will be shared soon as the company prepares its 2022 financials.

Global Arena Holding, Inc. (GAHC) held a Special Meeting on June 10, 2022, where the Board approved a 1 for 12 reverse stock split. This decision aims to enhance the company's ability to attract and retain employees, as well as to facilitate capital raising for acquisitions and investments. Shareholder approval was notably high, with 76.577% voting in favor of the reverse split. The company has filed the necessary notification with FINRA and awaits further review. GAHC operates in niche markets and holds several interests including Global Elections Services, Inc.

Global Arena Holding, Inc. (GAHC) reported significant growth in its 2021 financial results, with gross revenue reaching $1,223,116, a 91% increase from 2020. The company improved its net losses to ($877,612), down 50% from the previous year. However, total costs and expenses rose by 9% to $1.89 million, while cash reserves dropped from $0.06 million to $0.01 million. Despite an increase in common shares outstanding to 2,044,502,156, the growth rate was notably lower than in previous years. The company expresses optimism for its subsidiary, Global Election Services, focusing on new election technologies.

Global Arena Holding, Inc. (GAHC) has announced the formation of an Advisory Board for its subsidiary, Global Election Services (GES), aimed at enhancing operational growth. The board includes notable figures such as E.M. ‘Kiki’ VanDeWeghe III and Magdiel Rodriguez. CEO John S. Matthews expressed confidence in the company’s potential for growth over the next 24 months, emphasizing the importance of experienced leadership. Additionally, GAHC will present at the Emerging Growth Conference 24 on February 2, 2022, at 1:00 PM EST, providing insights into future strategies and growth opportunities.

Global Arena Holding, Inc. (GAHC) reported a 39% increase in Q3 revenues, reaching $189,728 compared to $136,035 in Q3 2020. Revenues for the nine months ended September 30, 2021, totaled $774,989, up from $476,701 in 2020. Losses from operations dropped 26% to $231,381 in Q3. However, net losses for Q3 were $318,518, worsening from a profit of $61,801 in the same period last year. Notably, net losses decreased significantly for nine months, from $1,736,726 in 2020 to $636,845 in 2021. GAHC's subsidiary, Global Election Services, is expected to meet its $1M revenue target for 2021.

Global Arena Holding, Inc. (GAHC) is launching a new social media campaign on Twitter to enhance communication with shareholders before the Emerging Growth Conference on October 27, 2021. CEO John Matthews emphasized the importance of diverse communication channels, including webinars and future social media platforms. The company aims to maintain transparency and keep shareholders informed regularly. Interested parties are encouraged to attend the conference and follow GAHC on Twitter for updates.

Global Arena Holding, Inc. (GAHC) announces its participation in the Emerging Growth Conference on October 27, 2021, at 12:30 p.m. EDT. Following a successful presentation in September, CEO John Matthews will present insights into GAHC's future growth potential and answer audience questions. The conference aims to connect public companies with investors, enhancing visibility in the growth market. GAHC focuses on niche markets and plans to expand its communication efforts through social media and webinars. For more information, visit Global Arena Holding.