Global Arena Holdings ( GAHC )
OK, before I totally loose you into a morning of rolling eyeballs and temperaments...
I want you to for a second look at what kind of an impact crypto or digital currency
has had on the financial market in its short life span.
Yes bitcoins had its moment in the spot light for a short few seconds but while its
been on the back burner its reach and ability has been growing exponentially.
This is where GAHC comes into play, since they just went from being in the red
to black ( revenue positive) they have kick it up a notch and began to execute on
their plan of action.
Global Arena Holding, Inc. Has Entered Into an Agreement
to Acquire Blockchain Technologies Corporation.
On May 20, 2015, that GAHC incorporated a new wholly owned subsidiary in the
State of Delaware called "GAHI Acquisition Corp." This entity was incorporated to
be the merger subsidiary for the acquisition of Blockchain Technologies Corporation (BTC).
GAHC entered into an agreement and plan of merger with BTC. Under this agreement,
BTC will merge with GAHI Acquisition Corp., and GAHI Acquisition Corp. will be the
Pursuant to the terms of the merger, GAHC will reserve a number of shares equal to
1/3 of the total issued and outstanding of GAHC to be issued to BTC shareholders.
Additionally, GAHC will also have capitalized GAHI Acquisition Corp. with $1,250,000
plus an amount equal to an outstanding bridge loan, which amount shall be used for
the development and implementation of the Blockchain business and technologies, as
well as, the repayment of said outstanding debt. For complete terms, please see GAHC's
Form 8-K filed on May 20, 2015 located at www.sec.gov.
BTC is a technology company that acts as an early-stage investor, incubator, and seed
accelerator program featuring a number of innovative startups utilizing the Blockchain,
the underlying technology of the bitcoin digital currency.
BTC currently owns several startups that are operating in the Blockchain technology field.
Intellectual property included in the proposed GAHC-BTC merger includes at least four
provisional patent applications reflecting material improvements upon rudimentary Bitcoin
blockchain technology in areas such as:
- Database creation and utilization
- Decentralized voting
- Retail affinity tokens or rewards
- The invention of an interactive Internet browser that makes
possible user-advertiser affinity tokens or rewards.
The Provisional Patents are:
- Application No. 62/029,409 filed July 25, 2014; A system and method for database
for self-actuating contracts and other data.
- Application No. 62/033,706 filed August 5, 2014; Designed for the use of the
Blockchain Database to Enhance Security of and Support Secure Electronic Voting
and Election Result Tabulation.
- Application No. 62/112,130 February 4, 2015; System and Method for Blockchain-Type
Based Search Engine Database within an Internet Browser Supporting a User Affinity Program.
When consummated, this deal will mark a significant step in the history of the rapidly
growing Blockchain ecosystem by having one of its key players be part of a publicly traded
In particular, the GAHC proposed acquisition affords GAHC ownership of Blockchain
Technologies Corporation's wholly owned technology companies including:
Slidechain LLC: a company that utilizes multiple Blockchains simultaneously, with their
backbone being the Bitcoin blockchain:
- Digital Assets Vending Inc.: a bitcoin ATM / BTM company whose main product,
D.A.V.E. (Digital Asset Vending Equipment), is being developed to be the easiest,
most flexible, and affordable device of its kind;
- Cryptos: a high-speed, ultra-secure digital currency-trading platform with AlphaPoint,
the same backend Bitfinex uses;
- Overseas BC Marketing: A company that has entered into an agreement with an Irish
gaming company pursuant to which Overseas BC Marketing will market online web-based
waging services and products. This platform does not allow wagering from U.S. citizens.
- Blockchain Apparatus LLC: a company that uses the Blockchain for an incorruptible voting application and self-executing wills and smart contracts, among other uses.
GAHC Chairman and Chief Executive Officer John S. Matthews said, "I am very pleased with
the potential technology acquisition and believe on consummation, BTC and its subsidiaries
will add an exciting dimension to the growth of GAHC."
BTC Chairman & Chief Executive Officer Nick Spanos stated "We're delighted with the GAHC
proposed merger as it will enable us to compensate developers with a publicly traded stock,
and we are further inspired by the knowledge that as a function of this proposed merger,
the public can now participate in a company with Blockchain technology
Have we found a hidden gem with GAHC and their recent developments?
Only one way to find out, and sitting on the side lines never gets you the touchdown pass,
or a path to the hall of fame.
Start your research on GAHC right away and enjoy.
Stockchat LLC has received ten thousand dlrs via a bank wire for the marketing and awareness of GAHC from a third party Complete Advisory Partners LLC.