GH Capital
Signs a Letter of
Intent to Acquire Zeni Payments
All-Stock Transaction for Credit Card Processing Gateway
Provider
Miami,
FL
-- February 28, 2019 -- InvestorsHub NewsWire
-- GH
Capital, Inc. (OTCQB:
GHHC), a
diversified holding
company, is pleased to announce that it has
signed a Letter of Intent (the"
LOI") for the acquisition of Zeni Payments Inc., a
Nevada-based fintec
credit card payment processing gateway provider,
in
an all
-stock transaction.
The
acquisition anticipated by the LOI is the result of a process
initiated following GHHC's
growth
strategy. If consummated, GHHC will own 100% of the outstanding
shares of Zeni Payments Inc.
Bill
Bollander, Chief Executive Officer of GH Capital, commented, "We
are driven to complete the acquisition
as soon as possible, and upon the completion of additional due
diligence."
About GH Capital
GH
Capital, Inc. (OTCQB:
GHHC)
is a diversified holding company offering a range of financial
solutions for businesses layered with an advisory platform to
assist companies going public. For
more information, please check out:
http://www.ghcapital-inc.com
Forward-Looking Statements
Forward-Looking
Statements. This press release contains "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 (the "Exchange Act") (which Sections were
adopted as part of the Private Securities Litigation Reform Act of
1995). Statements preceded by, followed by or that otherwise
include the words "believe," "anticipate," "estimate," "expect,"
"intend," "plan," "project," "prospects," "outlook," and similar
words or expressions, or future or conditional verbs such as
"will," "should," "would," "may," and "could" are generally
forward-looking in nature and not historical facts. These
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the Company's
actual results, performance or achievements to be materially
different from any anticipated results, performance or
achievements. The Company disclaims any intention to, and
undertakes no obligation to, revise any forward-looking statements,
whether as a result of new information, a future event, or
otherwise. For additional risks and uncertainties that could impact
the Company's forward-looking statements, please see the Company's
Form 10-K filed on December 28, 2018, for the fiscal year ended
September 30, 2018, including but not limited to the discussion
under "Risk Factors" therein, which the Company has filed with the
SEC and which may be viewed at
http://www.sec.gov.
Contact
Information
Corporate:
press@ghcapital-inc.us
305-714-9397
Investors
and Media:
Hayden
IR
hart@haydenir.com
917-658-7878