EHOUSE GLOBAL, INC. ANNOUNCES NEW STRATEGY AND APPOINTMENT OF NEW CEO AND OTHER MANAGEMENT CHANGES
December 05 2017 - 9:12AM
InvestorsHub NewsWire
San Diego, CA -- December 05, 2017 -- InvestorsHub NewsWire
-- EHouse Global, Inc. (OTC
PINK: EHOS) (the “Company”) announced today that it will seek
to enter into the multi-billion dollar thoroughbred horse racing
industry and will soon make further announcements about the details
of the strategic shift in its direction. The Company also announced
that it has appointed Michael Bagley as Director, President, and
CEO.
The thoroughbred horse racing industry is experiencing strong
growth as it attracts participation from new audiences that are
moving away from other professional sports, such as the NFL, and
discovering the joy of watching and celebrating equine
athletes.
"We are extremely excited about our upcoming announcements that
will provide details of the Company’s new strategy and focus," said
President & CEO Michael Bagley. “Innovation within the
sport and new tax regulations in favor of horseplayers are just
some of the key drivers of that growth. We are looking forward to a
successful launch in 2018 and following the lead of other industry
innovators such as the Stronach Group, West Point Thoroughbreds,
Team Valor International and Sagamore Farm.”
The executives of the Company are following a strategic path to
open up access to the world of thoroughbred horse racing through
its new strategy. The industry innovators noted above have
pioneered private investment opportunities and the Company is
bringing this unique asset class to the public markets.
Additional events include:
- Financier Paul Strickland has joined the Company as
Director.
Interim CEO, Bryan Geer, remains a Director of the Company.
Previous management have resigned from all positions held at the
Company.
The Company no longer has any involvement in the cannabis
sector.
About President & CEO Michael Bagley
Michael Bagley brings 30 years of excitement and enthusiasm as a
horseplayer to the Company. His career spans over two decades of
domestic and international business experience providing advisory
services to governments and corporations. Michael’s personal and
professional contacts with international governments form the
foundation of his professional business ethic. He received his
degree in Public Relations from the University of Alabama in
1992.
About EHouse Global, Inc.
EHouse Global is transitioning itself into a company involved in
the thoroughbred horse racing sector.
Safe Harbor
This release contains statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These statements appear in a number of places
in this release and include all statements that are not statements
of historical fact regarding the intent, belief or current
expectations of EHouse Global, its directors or its officers with
respect to, among other things: (i) financing plans; (ii) trends
affecting its financial condition or results of operations; (iii)
growth strategy and operating strategy. The words "may," "would,"
"will," "expect," "estimate," "can," "believe," "potential" and
similar expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, many of which are beyond
EHouse Globals’ ability to control, and that actual results may
differ materially from those projected in the forward-looking
statements as a result of various factors. More information about
the potential factors that could affect the business and financial
results is and will be included in EHouse Global's filings with the
Securities and Exchange
EHouse Global, Inc. Public Relations and Shareholder InformationPhone: (518) 350-4642 Email: info@itholdingsinc.com
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