|By Marketwired .||
|July 15, 2014 09:15 AM EDT||
BRADENTON, FL -- (Marketwired) -- 07/15/14 -- Goldland Holdings Co (OTCBB: GHDC) (OTCQB: GHDC) announced on June 24, 2014 that it signed an agreement for its 3rd acquisition of casino gaming machines; this one in Managua, Nicaragua. This purchase of 137 machines now brings GHDC's current gaming machine count in two countries to a total of 270 units plus related equipment.
All three acquisitions to date gives GHDC turn-key revenues bases of current and past documented operational financial statements. These revenues allow GHDC to continue its aggressive gaming market expansion throughout the Central and South American casino markets. The Company will soon report on US SEC FORM 10-Q, its second quarter, which will reflect the appropriate numbers in both the gross revenues and net-cash flow from current operations.
Currently, the Company's executive team is negotiating additional purchases of cash producing gaming machine operations. Management, utilizing its existing infrastructures in both Colombia and Nicaragua, will continue to seek market penetrations in the aforementioned demographics.
The Company's Board of Directors welcomes a new Board member in the person of Mr. Marty Wolfe, a well-known and established Canadian accountant who will bring his expertise, acumen and professional perspective to the Company's future.
Shareholders will have ample time to make plans to attend the general meeting and discuss, in detail, the particulars of these acquisitions, and will vote on the Company's expanded and professional directorship.
For further information, contact, Rich Kaiser, Investor Relations, 757-306-6090, and/or email: [email protected].
GoldLand Holdings Co., cautions that statements made in this press release and other forward looking statements made on behalf of GHDC may be affected by such other factors including, but not limited to, vagaries of the tourist trade, volatility of mineral prices, market competition, and other risks detailed herein and in the U.S Securities and Exchange Commission filings of the Company.