Global Vision Holdings, Inc. (OTCQB: GVHIB), a diversified financial holding company focusing on investments in profitable and growing companies, announced today it has finalized a funding agreement with Asher Enterprises, a privately owned investment company based in New York that helps emerging businesses achieve their full potential. The agreement provides Global Vision Holdings, Inc. with improved financial flexibility to execute its long-term strategic plan to expand its investment portfolio.
The funding will facilitate future acquisitions and growth capital for Global Vision Holdings, which currently owns three operating companies: a strategic consulting firm, a natural food brokerage, and an organic food manufacturer. The new influx of capital will support Global Vision Holdings as it continues to develop and diversify its portfolio and increase revenue potential for all of its shareholders.
Glen Carnes, CEO of Global Vision Holdings, Inc., states: "We are thrilled to partner with Asher Enterprises who demonstrated their confidence in Global Vision's strategic plan with this financial support. We look forward to a long-term partnership with this company that is in alignment with our own business model. This partnership demonstrates their commitment to supporting businesses as they rebuild and drive our economy. They believe in the potential of our company, and this gives us the right capital structure as we work to achieve our goals of growth and profitability."
About Global Vision Holdings, Inc. Headquartered in Irvine, California, Global Vision Holdings, Inc. is a diversified financial holding company that evaluates acquisition and investment opportunities with a focus on up-and-coming and growing businesses. Global Vision Holdings, Inc. uses a superior team of financial research experts and an in-house responsibility analysis to make recommendations for strategic acquisitions. For more information, please visit our website at www.globalvisionholdings.net.
About Asher EnterprisesA privately owned investment company, Asher Enterprises is located in Great Neck, New York. As an investment company, this organization provides funds to small businesses. Small businesses often have limited access to funding, so private investments are important to their growth. Curt Kramer, sole shareholder, ensures that each investment, no matter how small, makes a large difference. For more information, please visit their website at www.asherenterprises.org.
Cautionary Statement Regarding Forward-Looking Statements This release may include forward-looking statements. These forward-looking statements are based on current expectations that involve risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may differ materially. These risks include: changes in business or other market conditions; the challenge of managing asset/liability levels; the difficulty of keeping expense growth at modest levels while increasing revenues; unforeseen challenges with respect to product development and the timing thereof; integration efforts relating to our acquisition activities; uncertainties regarding financing efforts which may be undertaken by the Company; and other risks detailed from time to time in the Company's Securities and Exchange Commission reports, including but not limited to the Annual Report on Form 10-K for the most recent year ended. Pursuant to the Private Securities Litigation Reform Act of 1995, the Company does not undertake to update forward-looking statements contained within this news release.
Contact info:Glen CarnesCEO, Global Vision Holdings, Inc.Ph: 714-348-0605
SOURCE: Global Vision Holdings, Inc.