Global Arena
Holding Updates Shareholders on Expanding Business
Opportunities
NEW YORK, NY -- May
11, 2023 -- InvestorsHub NewsWire -- Global Arena Holding,
Inc. (the "Company") (OTC
Markets:
GAHC), a growth oriented,
acquisition minded company, focused on specific niche markets
offering exponential growth, is pleased to announce an update to
its shareholders with a few highlights of its operating subsidiary
Global Elections Services Inc. (GES).
Organized Labor
Elections
GES continues to provide comprehensive
technology-enabled election administration to organized labor
unions and private organizations throughout the United States, and
has launched a new, rebranded website: www.voteges.com
United States
Municipal Government Elections
GES has begun to solicit requests for
proposals from independent software and hardware companies in
anticipation of filing an application with the Election Assistance
Commission for the Voluntary Voting System Guidelines 2.0. GES
expects to select a vendor in July, and begin development for the
certification process shortly thereafter.
GES will enter into
the Corporate Governance/Proxy Election Business
Reporting companies and funds must
comply with the SEC's proxy rules whenever its management submits
proposals to shareholders that will be subject to a shareholder
vote. With over 4 decades of election management experience
providing comprehensive technology-enabled election services to a
variety of organizations, and with our technology that has been
developed, tested, and implemented, GES is well equipped to add
public companies to their list of potential client
organizations.
GES can Provide:
Printing of
the proxy packages (proxy statement, proxy card, 10-K, and annual
report)
Delivery of
proxy packages, via e-delivery along with physical mailing,
including the mailing of proxy packages to registered shareholders
at the address of record with the company's transfer agent, along
with the delivery of proxy packages to banks and broker dealers who
hold beneficially owned shares on behalf of
shareholders.
Distribution
of a daily vote report to authorized recipients starting 15 days
prior to the annual meeting.
As Inspector of Election, GES
will:
Ascertain
the number of shares entitled to vote on each matter.
Monitor the
vote count and determine if enough shares have been voted to reach
the required quorum of shares outstanding.
Tabulate the
votes by matter.
Determine
the eligibility of any ballot or proxy at the meeting.
Certify the
final tabulation of the voting.
GES offers voting by; paper mail
ballot, in person paper, online voting and/or a hybrid of voting
methods.
Management is pleased to announce that
James P. Daprile with the assistance of the GES team including
KikiVanDeWeghe and Magdiel Rodriguez, who joined the GES team as
disclosed in the Company's most recent 10K, will be leading the
expansion of this division.
James P.
Daprile earned his BS in
Accounting from St. John's University while working in financial
services. His career included roles as CFO, along with legal,
product and investment banking controllerships, with diverse
corporate structures varying from small US-based broker-dealers to
global investment banks.
During his time in the financial
services community, James both led and supported the implementation
of various information systems which included trading, settlement,
management reporting along with general and securities ledger
systems. He also participated in the development of databases from
which financial and regulatory reporting was derived for local and
global stakeholders.
James also has experience as a
securities regulator with FINRA. His role included the monitoring
and analysis of risk within member firms, by the review of firms'
submitted data, business activities, and externally gathered
information to ensure compliance with FINRA and SEC rules and
regulations.
Kiki
VanDeWeghe was the NBA's
Executive Vice President, Basketball Operations, where he oversaw
all aspects of basketball related to the playing of the game.
VanDeWeghe joined the NBA league office in April 2013 as Vice
President, Basketball Operations and was soon promoted to Executive
Vice President where he served through 2021. He has been involved
in a broad range of basketball matters, including the development
of playing rules and interpretations, game analytics, disciplinary
matters, and policies and procedures relating to the operation of
NBA games. He also served as a key liaison between the league
office and its teams, drawing upon his years of experience as a
general manager, coach and player. Additionally, VanDeWeghe served
as a board member for both the NCAA's Competition Committee and
FIBA.
Before his time with the league office,
VanDeWeghe spent two years with FOX Sports West as a writer and
analyst covering the Los Angeles Clippers. Prior to that, he served
as the general manager, and for one season the interim head coach,
of the New Jersey Nets from 2007 to 2010. Before joining the Nets,
VanDeWeghe was a broadcast analyst for two years with ESPN. From
2001 to 2006, VanDeWeghe served as the general manager of the
Denver Nuggets.
VanDeWeghe's NBA playing career spanned
13 years, with the Nuggets, Portland Trail Blazers, New York Knicks
and Clippers, during which he averaged 19.7 points per game while
shooting 52.5 percent from the field and 87.2 percent from the foul
line, made two All-Star appearances and helped his teams to the
postseason 12 times. A native of Los Angeles, VanDeWeghe attended
UCLA from 1976 to 1980 and led the Bruins to the national title
game his senior season. He received his degree in economics and was
an Academic All-American.
Magdiel
Rodriguez, who has been
associated with GES assisting in its initial software development.
He has over 25 years of experience in the areas of Information
Security, Enterprise Risk Management, and Compliance, Information
Technology and Operations. This
includes 21 years with Visa Inc., where he was the Senior Business
Leader of Information Security. Mr.
Rodriguez also formed a global multicultural/multilingual
organization in some of the world's most challenging markets
leveraging his extensive experience in cyber security, third party
vendor security, PCI compliance, data security, risk assessment and
policy compliance.
Our Chairman, John S. Matthews, stated,
"Management is
excited to be utilizing the proprietary election software that GES
has developed in this new business sector."
GES has developed, deployed, and owns
proprietary election software in the areas of registration
software, which was designed
specifically to authenticate and register voters;
scanning and
tabulation software, which
utilizes advanced OMR/OCR/Barcode scanning and tabulation system
featuring de-skewing, de-speckling and image correction and Online
election voting software.
GES also built an online voting
platform on one of the most secure global infrastructures, Amazon
Web Services (AWS) which is a comprehensive, evolving platform
provided by Amazon that includes a mixture of infrastructure as a
service (IaaS) platform as a service and packaged software (PaaS),
and software as a service offerings (SaaS).
ABOUT
GAHC
Global Arena Holding, Inc. trades on
the OTC Markets, under the ticker symbol GAHC. The Company has been
publicly traded since 2011 and holds a number of interests,
including Global Election Services, Inc., Tidewater Energy Group
Inc., and GAHI Acquisition Corp. Please find the Company's filings
at SEC.gov
ABOUT
GES
Owned by Global Arena Holding Inc., GES
has developed proprietary election software for absentee/mail
ballot and in-person voter registration and paper ballot
scanning/tabulation utilizing OMR/OCR barcode system featuring
de-speckling, de-skewing and image correction. In 2020 GES
developed, built and implemented a proprietary online election
voting solution that is compliant with Title IV of the United
States Department of Labor Office of Labor Management Standards
(OLMS).
GES senior management has been
supervising elections since 1981, having managed thousands of
election projects involving over Forty Million (40,000,000) voters,
certifying each labor election with the U.S. Department of Labor.
GES has begun undertaking the steps to qualify for the updated U.S.
Elections Assistance Commission (EAC) certification to conduct
Government Elections in the U.S. and worldwide. Our
mission is to help our clients conduct efficient, accurate, secure
and less costly elections with greater participation. As a viable
independent third party managing each election, we work to increase
methods and rates of participation while maintaining the One Voter
= One Vote Integrity that our management team has been committed to
for over 4 decades. For more information, visit our website at:
voteGES.com
Safe
Harbor Statement
The Private Securities Litigation
Reform Act of 1995 provides a "safe harbor" for forward-looking
statements. Certain information included in this press release
contains statements that are forward-looking, such as statements
related to the future anticipated direction of the industry, plans
for future expansion, various business development activities,
planned or required capital expenditures, future funding sources,
anticipated sales growth, and potential contracts. Such
forward-looking information involves important risks and
uncertainties that could significantly affect anticipated results
in the future and, accordingly, such results may differ from those
expressed in any forward-looking statements made by, or on behalf
of, the company. These risks and uncertainties include, but are not
limited to, those relating to development and expansion activities,
dependence on existing management, financing activities, domestic
and global economic conditions, and other risks and uncertainties
described in the Company's periodic filings with the Securities and
Exchange Commission.
CONTACT:
Global Arena Holding, Inc.
208 East 51st St.
Suite 112
New York, NY 10022
kathryn@globalarenaholding.com
Tel: 646-801-5524
www.globalarenaholding.com
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