An unknown buyer signed a memorandum of understanding to acquire Global Holdings, Inc. (OTCPK:GBHD) on March 6, 2015. Upon completion, the unknown buyer will announce a new management team and board of director. After completion of the transaction the new name of Global Holdings, Inc. will now be Element Global, Inc. Element Global, Inc. contains three business divisions- Global Mining, Element Media Group and Element Energy. Element Global, Inc will continue to trade under GBHD until its new symbol is announced in the near term.


An unknown buyer completed the acquisition of Global Holdings, Inc. (OTCPK:GBHD) on July 10, 2015.