Welcome to our dedicated page for Global Arena Hldg news (Ticker: GAHC), a resource for investors and traders seeking the latest updates and insights on Global Arena Hldg stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Global Arena Hldg's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Global Arena Hldg's position in the market.
Global Arena Holding, Inc. (GAHC) announced results from its Annual Stockholders’ Meeting on September 7, 2021, where over 62.76% of stockholders supported key proposals. Among these were the re-election of the Board of Directors, an increase in authorized shares to 4 billion, and a 1-for-12 reverse stock split. More than 70% of voting stockholders approved each proposal, demonstrating strong confidence in management's ability to pursue growth opportunities. This follows similar stockholder support in previous years for capital increases and stock splits.
Global Arena Holding, Inc. (GAHC) has been invited to present at the Emerging Growth Conference on September 1, 2021, at 12:30 p.m. EDT. The presentation, led by CEO John Matthews, will offer insights into the company's future and discuss details related to the Annual Stockholders' Meeting scheduled for September 7, 2021. Attendees are encouraged to engage during the 30-minute session, which will include a Q&A segment. A live webcast will be available, with an archived version accessible later. For participation details, visit GlobalArenaHolding.com.
Global Arena Holding (GAHC) announced the filing of its 10-Q for Q2 ended June 30, 2021, highlighting a 51% revenue increase to $350,676 compared to Q2 2020. Losses from operations fell 41% to $193,016, while net loss decreased 92% to $102,388. The company attributed this decline to debt reduction arrangements, easing convertible debt obligations. A shareholder webinar is scheduled for August 12, 2021, at 4:30 PM EDT to discuss financials and upcoming proposals for the Annual Meeting on September 7, 2021, including a potential reverse stock split.
Global Arena Holding, Inc. (GAHC) announced a webinar on August 12, 2021, to discuss important voting points ahead of the Annual Stockholders' Meeting set for September 7, 2021. Key agenda items include re-election of Board members, capital stock increase authorization, and a potential reverse stock split. Management emphasizes these actions as vital for growth and invites stockholders to gain insights during the webinar. Additionally, the company is pursuing several opportunities in the election services sector.
Global Arena Holding, Inc. (GAHC) announced the mailing of a Proxy Packet to all stockholders dated July 8, 2021, ahead of its Annual Stockholders’ Meeting set for September 7, 2021. The agenda includes the re-election of Board members, authorization of increased capital stock, a reverse stock split, and the appointment of an independent public accounting firm. Management emphasizes that the capital adjustments are crucial for growth and upcoming opportunities. A webinar will be held for stockholders to discuss these initiatives further.
Global Arena Holding, Inc. (GAHC) announced its Q1 2021 financial results, showing a revenue increase of 116.3% to $234,585 compared to Q1 2020. The company's operational loss decreased by 87.1% to $42,493, while the net loss dropped 52.3% to $215,939. A significant event was the settlement of convertible debt involving the issuance of 75 million shares and a cash payment of $25,000, resulting in a recognized gain of $509,080. Management indicates plans for further development of election software and hardware.
Global Arena Holding, Inc. (GAHC) reported a 34% revenue increase to $641,629 for the year ending December 31, 2020, compared to $477,773 in 2019. The company noted a significant rise in deferred revenue from $40,500 in 2019 to $308,223 in 2020, indicating growing demand for its election services amid the pandemic. Additionally, GAHC extinguished $622,767 in convertible notes and $199,189 in accrued interest in Q1 2021, potentially enhancing its balance sheet. The management emphasized revenue growth and debt reduction as key achievements alongside their commitment to fiscal health.
Global Arena Holding, Inc. (GAHC) announced that its subsidiary, Global Election Services, Inc. (GES), has formed a strategic advisory agreement with Digital Asset Monetary Network, Inc. to enhance GES's business model. GES is preparing to apply for approval from the Election Assistance Commission to provide election services using absentee and mail-in ballots. GES's proprietary system aims to reduce fraud while allowing voters to practice social distancing. GES is expected to leverage its experience from previous successful elections, tapping into a potential $10B market.
Global Arena Holding, Inc. (GAHC) announced the completion of its 2nd Quarter 10-Q, bringing the company current with all filing requirements. This follows previous delays attributed to the COVID-19 crisis. Management has emphasized that while filings were a priority, operations continued smoothly. They expect several updates on business initiatives based on the recent filings. GAHC is focused on niche markets for growth and has been publicly traded since 2011. Stakeholders are encouraged to review the filings for insights into company performance.
FAQ
What is the current stock price of Global Arena Hldg (GAHC)?
What is the market cap of Global Arena Hldg (GAHC)?
