Global Arena Holding Inc., a Delaware corporation, is organized as a holding
company, specializing in financial services and technology software companies.
GAHI became a public company on May 18, 2011 when it successfully completed
a reverse merger with China Stationary and Office Supply, Inc. (CSOF), an OTC
Bulletin Board company.
On February 25, 2015, Global Election Services, Inc., a wholly owned subsidiary
was incorporated under the laws of the State of Delaware. GES provides comprehensive
technology-enabled election services primarily for organized labor associations.
The key employees were previously employed by Election Service Solutions, LLC.
GES believes the proposed acquisition of the Blockchain Technologies Corporation
may give it a strategic advantage based on the provisional patent application
filed by BTC with the United States Patent and Trademark office which provides
for the use of a Blockchain data base to enhance and support secure electronic
voting and election results.
The Company has a term sheet in place for the asset purchase of ESS assets
for the sum of $400,000.The proceeds will be used to buy only the assets of
the company and pay off all existing debts/loans with the remaining dollars
to be deployed into GES for operations and expansion. Their current clients
include United States and International labor unions, Residential Organizations,
Co-Op and Condominiums, Private Colleges and Universities and Trade Organizations.
The ESS asset acquisition will give us the ability to expand into the following
areas:
Alumni Associations – The ESS team formally ran elections for Alumni
organizations for over 25 years with memberships from 5,000 to 200,000. Previous
clients include; Brown, Dartmouth, LaGuardia, Penn State and Yale.
Pension and Retirement Groups – The ESS team formally ran elections for
Pension and Retirement groups for over 25 years with memberships from 300,000.
Previous clients include; Hawaii Employees, Louisiana State, Maryland State,
Pennsylvania School Employees Retirement System (PSERS).
Lillybell Entertainment LLC (“LB”), a Delaware limited liability
company, is an entertainment finance company. GAHC owns 66-2/3% of LB’s
equity interests; Kathryn Weisbeck, the Chief Executive Officer of LB, owns
the remaining 33-1/3% of LB’s equity interests. LB has sponsored the formation
of Lillybell Art Fund LP, which is an unregistered investment vehicle focused
on investing in art and entertainment-related investments. The general partner
of Lillybell Art Fund LP, which is a single purpose entity formed solely to
serve as the general partner of Lillybell Art Fund LP, is an affiliate of LB.
Global Arena Investment Management LLC is a New York limited liability company
and a New York investment adviser. GAIM formally served as the investment manager
to Global Arena Macro Fund, LP, a Delaware limited partnership. The Fund was
formed to invest all of its assets in Global Arena Master Fund, Ltd. a Cayman
Islands exempted company incorporated with limited liability known as a Master
Fund, through a “master-feeder” fund structure. There are currently
no assets in these funds. The Fund is a shareholder of the Master Fund together
with another existing entity, Global Arena Macro Fund, Ltd., a Cayman Islands
exempted company incorporated with limited liability known as the Offershore
Feeder.
On January 29, 2013, we acquired 66.67% of the aggregate outstanding member
interests of MGA, in exchange for an option to purchase 300,000 shares of the
Company’s common shares. Each option is exercisable into one share of
common stock of the Company at an exercise price of $0.25 per common share.
The exercise period was for one year from the agreement date. The option has
expired.
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