$GLBH Company Overview and Description
Globaltech Holdings, Inc. (GLBH) is a progressive insurance brokerage firm that provides turnkey solutions to protect their clients' financial interests. The Company's comprehensive approach includes personal and business insurance programs from personal auto, home, health, life, as well as commercial auto, general liability, workers compensation and group/life to meet all of their clients' insurance needs.
Global Agency Holdings, Inc.. remains focused on continued expansion through acquisitions of insurance agencies in the Southeast section of the United States.
GLBH’s 5 Key Strategic Advantages
1. GLBH has seized the strategic opportunity to benefit from the impending explosion set to happen in the insurance industry
2. GLBH’s has been busy acquiring the necessary pieces for corporate expansion and dominance in the extremely lucrative insurance space
3. GLBH has made key acquisitions in recent months in order to strengthen the companies revenue base and deliver value to investors right now
4. The massive insurance coverage gap that will hit America come 2014 represents an unparalleled opportunity for companies that can deliver coverage that is affordable
5. GLBH has been gaining investor attention on the strength of its commitment to the dynamic and potentially lucrative insurance sub-sectors currently being pursued by management
Global Agency Holdings, Inc. focus is in the highly profitable Property Casualty/Life and Health insurance industry. Most insurance agencies are small entrepreneurs who employ less than 10 people. While their business provides a stable living for them, many of them struggle to grow because of under capitalization. Let’s face the facts, under capitalization is the number one reason most businesses fail. Many small business owners would love to expand their businesses but either do not have the borrowing capacity or the business knowledge to grow their small, privately managed entity.
As stated above, Global Agency Holdings, Inc. acquires small insurance agencies and funds their expansion thru stock offerings in addition to providing world class financial and managerial over site to insure a successful, planned growth of the acquired company. Our management team analyzes all aspects of potential acquisition companies and makes acquisitions of well managed, highly profitable companies who meet our investment criteria. In this way, management teams for each of the target companies remain intact and are thereby empowered to expand debt free. If funds for expansion are required, these funds can be provided thru shareholder investment or other means without company management being personally at risk.
GLBH Targets Obamacare for Key Strategic Profits
Quote:
By any stretch and in any sector, 716B is a lot of dough and GLBH has shown no qualms about aggressively lunging after revenues from this tantalizing pool of funds.
At the heart of this potential profits bonanza is Obamacare and GLBH has made its intent very clear.
The company reported recently that it is focusing its marketing efforts to take advantage of the new "Affordable Care Act" Legislation commonly known as Obamacare. Board members recently attended a training seminar on the upcoming national healthcare laws to be enacted as of October 1st of this year. The training was informative and shed light on some additional revenue opportunities for GLBH.
Chairman and CEO Ormand Hunter stated, "While there are still questions that need clarification surrounding the Affordable Care Act, the information we learned was very positive.
Law makers have made a good faith effort to insure that millions of Americans that do not currently have health care coverage will in fact be covered under the new act.
With an estimated 65 million Americans being un-insured related to health care¸ GLBH sees this opportunity as a huge potential revenue generation stream for the company." Hunter further stated, "We have extended our marketing and acquisition plan to insure GLBH is positioned to take full advantage of the potential revenue created by this legislation thereby increasing shareholder value."
With the new market created by the Affordable Care Act, GLBH will focus its acquisition strategy and creation of new agency offices in the highly profitable Life and Health care insurance markets.
According to experts, the effects of this legislation upon the stock market are likely to be positive. Insurance companies are likely to continue the positive appreciation of their stock.
There will be tens of millions more insurance customers paying into the system and the insurance providers will be allowed to raise premiums across the board to cover enrolees that were previously un-insurable.
Initially the fight was centered on squashing Obamacare; now the fight is to see who can make the most money from it.
$GLBH Key Company Management
Ormand E Hunter, CEO
$GLBH Contact Info
Globaltech Holdings, Inc.
116 Lakewood Dr
Thomasville, GA 70053
Website: http://www.glbholdings.com
Phone: 229-224-8636
Email: hunter@glbholdings.com
Investor Relations
Taylor Capitol, Inc.
Stephen Taylor
(973) 351-3868
STEPHTAYL9@AOL.COM
$GLBH SEC Filings
http://www.otcmarkets.com/stock/GLBH/filings
$GLBH Headlines
http://finance.yahoo.com/q/h?s=GLBH+Headlines
$GLBH Financial Reporting/Disclosure & Security Details
OTC Pink™ Current Information
Companies that follow the International Reporting Standard or the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to OTC Markets Group Guidelines for Providing Adequate Current Information (pdf) are designated as OTC Pink Current Information.
$GLBH follows under these guidelines on the OTC Pink current information market tier.
Investigate more @ http://www.otcmarkets.com/stock/GLBH/quote for more due diligence.
$GLBH Share Structure
Shares Outstanding 625,000,992 a/o Jun 30, 2013
Float Not Available
Authorized Shares 685,000,000 a/o Jun 30, 2013
Par Value 0.001
per otcmarkets.com
Transfer Agent(s)
Name: Pacific Stock Transfer
Address 1: 4045 South Spencer Street
Address 2: Suite 403
Address 3: Las Vegas, NV 89119
Phone: 702-361-3033
Per 10Q listed above
Company Notes
Formerly=Atlas Resources, Inc. until 8-07
Formerly=Admor Memory Corp. until 12-03
Formerly=Laketown Leasing Corp. until 10-96
Profile Data
Incorporated In:Nevada
Year of Inc: 2/13/1995
Security Notes
Capital Change=shs decreased by 1 for 14 split. Rec date=10/18/1996.
Capital Change=shs decreased by 1 for 20 split. Rec date=12-24-03
Capital Change=shs decreased by 1 for 50 split. Pay date=08/01/2007.
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Resources used in this post: otcmarket.com, www.bloomberg.com, www.finance.yahoo.com, $GLBH website
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