GoldLand Holdings Company will be issuing a complete Board Resolution that will be signed by all members on the preferred stock they issued themselves to take control and remove the past management. This pending resolution will not only not be accepted for conversion unless a 2-year (24-month) period or $2.00 per share common stock price from the date of this release occurs, but can also now potentially be lowered from a 10-to-1 preferred to common stock conversion to a more reasonable conversion to benefit the Company and its shareholders.
Mr. John Gwynne Prosser II, Chairman, stated, "We are all in this together and we all need to be respectful of each other in order to build a bright and healthy future. So it is only right that the Board implement the changes to 'Preferred' conversion ratios based off performance."
For further information about this release, contact Kara Craig, Investor Relations, YES INTERNATIONAL, 757-306-6090 and/or email yes@yesinternational.com; www.goldlandholdingscompany.com.
About Goldland Holdings Company:
GoldLand Holdings Company (OTC PINK: GHDC) is a diversified Company, holding gold and silver mining properties in North America, as well as gaming equipment leased to an operator in South America
