NEW YORK, NY -- October 9, 2020 -- InvestorsHub NewsWire --
Global Arena Holding, Inc. (the “Company”)
(OTC
PINK: GAHC) a growth oriented, acquisition minded Company,
focused on specific niche markets offering exponential growth — is
pleased to announce that its subsidiary, Global Election Services,
Inc. (“GES”) has entered into a strategic advisory agreement with
Digital Asset Monetary Network, Inc. (DigitalAMN), to help further
the deployment of the GES’ business model.
Currently, GES is internally preparing its application to the
Election Assistance Commission. If approved, GES would then have
the ability to provide election services to municipal jurisdictions
in states using absentee and mail-in ballots for their government
elections. GES’ proprietary registration and tabulation system
helps to mitigate fraud and outside interference, while allowing
Americans voters to continue practicing social distancing during
times of pandemic, confidently knowing that their votes ballots are
being counted.
DigitalAMN (OTCMKTS: DATI) will look to
help GES leverage the success that GES they had in providing
election services to many clients including the Firehouse Caucus in
March 2020, for the North Dakota Democratic-NPL Presidential
Primary election – highlighting GES’ proprietary voter registration
and voter tabulation software – whereby the state recognized its
largest voter turnout for a primary in over a decade. Furthermore,
given GES’ efficient and effective election process for ballots
sent through the United States Postal Service and in-person
ballots, GES was successful at ensuring a fair and safe election,
void of any identifiable voter fraud, hacking, or outside
interference that could have impeded the election
process.
“We have a good and longstanding history with the CEO of
DigitalAMN, who in the past, has been effective in assisting us
with both GAHC and GES,” stated John Matthews, Chairman and CEO of
Global Arena Holding, Inc. “We believe GES will greatly benefit
from the strategic business development, capital sourcing, and
market development management services that DigitalAMN will
provide.”
GES intends to leverage the extensive expertise of its senior
management and its proprietary software to administer election
services at state and local levels. There are approximately 3,080
municipal jurisdictions located throughout the United States that
are responsible for managing the election process at the state and
local levels for an average of 8 to 12 elections that are held each
year. These annual elections may include competitive races for
School Board Elections, local Mayor, Village Officers, Supervisors,
County Executives, County legislators, Governor, State Assembly,
State Senate, and US House of Representatives and US Senate, to
name a few. As more states increase the adoption of absentee and/or
mail-in ballots as an effective option, the opportunity that GES
may be retained by municipal jurisdictions grows, affording the
Company the ability to increase its absentee, mail-in ballot and
in-person business for government elections.
Ajene Watson, CEO of DigitalAMN stated, “I believe that
globally, there is roughly $10B in virtually untapped market
potential for Universal Absentee, Mail-In Ballots and in-person
voting for governmental elections. I also know that GES’ senior
staff has an expertise in this area of election services, has been
supervising elections since 1981, and has had over 8,500 labor
elections certified by the US Dept. of Labor with, impressively,
not one labor election ever being overturned due to actions by GES’
senior management. Equally as exciting, GES is capable of providing
election services on an International scale as well.
“This all encourages me to leverage the full force of our
growing ecosystem to assist GES with its continued business
development, visibility, capital formation requirements, and their
next stage of growth into governmental elections.”
Management has indicated that the compensation to DigitalAMN for
its strategic advisory services can be found in the Company’s most
recent filings and includes a retainer, warrants, monthly
compensation, and revenue share from new governmental election
services.
For more information on these and other developments, please
visit: http://GlobalArenaHolding.com,
where you can also access all of the Company’s SEC filings, as
management continues to pursue a more effective investor relations
initiative.
ABOUT GAHC
Global Arena Holding, Inc. trades on the OTC Pink Sheets under
the ticker symbol
GAHC. The Company has been publicly traded since 2011
and holds a number of interests, including Global Elections
Services, Inc., Tidewater Energy Group Inc., and GAHI Acquisition
Corp. Please find the Company’s filings at SEC.gov
ABOUT Digital Asset Monetary Network, Inc.
Digital Asset Monetary Network, Inc. (OTCMKTS:
DATI) is the first company to utilize the Public
Accelerator-Incubator (PAI) model, with the intent to follow the
global success of accelerators and incubators around the world,
adding niche opportunities to both the microcap and startup
communities. As a PAI, Digital Asset Monetary Network will develop
and acquire innovations that solve problems through digital
platforms and other electronic applications.
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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