Security First International Holdings has completed an asset purchase agreement With Global Online Television Corporation

Security First International Holdings has completed an asset purchase agreement with Global Online Television Corporation for 42,661,002 common shares of Security First International Holdings in exchange for all of the assets of Global Online Television Corporation.

Due to complications with the merger between Global Online Television Corporation and Security First International Holdings newly retained council advised both parties that an asset purchase agreement would be in the best interest of both companies and still retain the same desired results of a merger.

The common shares of Security First International Holdings that Global Online Television Corporation has received will be issued as an equal distribution dividend to Global Online Television Corporation shareholders in exchange for their Global Online Television Corporation shares.

The upcoming forward split for Security First International Holdings, Inc. of 1 for 20 will be in effect for the Global Online Television Corporation shareholders. The 42,661,002 common shares of Security First International Holdings that Global Online Television Corporation has received from this asset purchase will become 853,220,440 after the completed forward split.

Global Online Television Corporation was originally established by Atlantis Technology Group as a media subsection that would develop research in the advancement of media-based technology. Using IPTV and Microsoft Windows Media Player, the video stream is delivered to your home television over broadband Internet connection. Any broadband Internet connection can be used, so there is no need to change providers.

USA, Miami, FL

Leave a comment