GOIG currently trading at $.01 on less than a million shares traded just released some news. The stock might get some buying into the end of the trading session.
GoIP Global, Inc. (GOIG) Getting ready to acquire China based subsidiary Company PR Newswire ”US Press Releases “
NEW YORK , Sept. 11 /PRNewswire-FirstCall/ – GoIP Global, Inc. (GOIG) http://www.goipglobal.com. Further to the company’s press release of August 4 , August 11 , August 17 , August 28 2009 and even date (http://www.pinksheets.com/pink/quote/quote.jsp?symbol=goig) the company announces that it completed its recapitalization from 500 million shares to 988 million shares, in order to acquire the China based operating subsidiaries. See Nevada Link https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=P2oyOrs99%252bqq4%252b9rJFMZOQ%253d%253d
A significant part of the pending merger is that a block of merger stock will be held in escrow pending satisfactory performance of the China operations with GOIG. All of these shares are restricted, and should not enter the market for a long time, in some instances several years.
The company recently updated Pink Sheets, with this and other current information, for our followers’ review.
Although the company recently announced that the merger, it is actually a four way merger and a conglomerate of three companies based in China and Canada , with substantial operations. All subsidiary companies are focused and engaged in the media and print type services. The company will provide a detailed topography of all operating subsidiaries as a filing on Pink Sheets and from its corporate web site shortly, for the reference of its followers.
More details will follow shortly.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of GoIP Global, Inc. that constitute forward-looking statements for purposes of the safe harbor Provision’s under the Private Securities Litigation Reform Act of 1995. The words or phrases can be, “expects,” “may affect,” “believed,” “estimate,” “project,” and similar words and phrases are intended to identify such forward-looking statements. GoIP Global, Inc. cautions you that any forward-looking information provided by or on behalf of GoIP Global, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. GoIP Global, Inc.’s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond GoIP Global, Inc.’s control. In addition to those discussed in GoIP Global, Inc.’s press releases, public filings, and statements by GoIP Global, Inc.’s management, including, but not limited to, GoIP Global, Inc.’s estimate of the sufficiency of its existing capital resources, GoIP Global, Inc.’s ability to raise additional capital to fund future operations, GoIP Global, Inc.’s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match GoIP Global, Inc.’s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. GoIP Global, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
CONTACT: GoIP Global, Inc. , IR dept, (302) 357-9915, www.minamargroup.com/helpdesk
SOURCE GoIP Global, Inc.