If you wonder why would someone be interested in a company which trades once in a blue moon, you are probably not the only one. Such is the case with Global Entertainment Holdings, Inc. (OTC:GBHL), which is practically forgotten by the market.
The company has such an indiscriminate trading history that it is probably one of the precedents on the OTC market. The last trading record of GBHL is from May 6, when the stunning volume of 600 shares was generated. Before that, the only day with conspicuously enough volume dates back to the days before 2011.
Seriously speaking, there can still be a reason to pay attention to the company. The reason is the newsletter which came yesterday from Nebula Stocks. The promoter stated that due to the 2 million share float and the news which came out the stock may become “the biggest gainer this year”. [BANNER]
Unfortunately, the 2 million float is not confirmed by the information the OTC Markets website, which states that there is no available information on the float. GBHL has 23.5 million shares outstanding and another 470 thousand shares are to be issued upon exercise of options, warrants and rights.
Yesterday, along with the promotion the company issued a press release to announce the GBHL had optioned the motion picture and television rights to the book ” Mr. Pink”. The story is about some college student who steal art book worth $12 million. Unfortunately, the announcement does not specify how the company intends to finance the production.
The result of both the issued news and the promotion was nil, because GBHL stock was again not traded yesterday. Even if investors find a chance to trade it today, it is not certain if the story of GBHL had fascinated enough traders to produce a notable session.
