Watch GIHI this morning for a new rally. Read the news at opening bell!
GIHI is getting more popular just recently with recent new developments.
Globalgroup Investment Holdings (OTC:GIHI) integrates proprietary technologies into mainstream business uses. Solutions such as GlobalLOK™ software address the payment collection challenges associated with rent-to-own and pay-as-you-go computer programs.
The company is announcing today the expansion of its GlobalLOK™ payment code program into the nation's No-Credit-Check and Layaway markets. The software is designed for integration into computers marketed by the numerous companies offering PCs and laptops to individual consumers within the multi-billion dollar "Cash Advance" space, which includes time payment or consumer layaway programs.
GIHI projects 7% first year market penetration within the No-Credit-Check and Layaway markets. GIHI anticipates annual revenues of $1,500,000 from GlobalLOK™ licensing fees and wholesale PC and laptop sales.
GIHI could be exploding this morning due to the new release! I can see that a new breakout is very possible. Happy Trading!
GlobalLOK™ assures payments for client assets by disabling the PC or laptop if scheduled payments are not received on time. The technology operates on any PC with Windows XP, Vista or Win7 OS. GlobalLOK™ can be easily installed by Globalgroup's clients on their inventoried systems prior to customer sale and delivery.
"Historically marketers in this space have not suffered from a lack of consumer interest in the sales offer. But in reality the problem has been to find a financially feasible way to force the sub-prime customer to continue making payments once a system was shipped. With GlobalLOK™ Globalgroup's proprietary software solves that problem. GlobalLOK™ allows GIHI clients to ship a PC or laptop more rapidly, improves collection ratios, increases returns on deployed assets. Additionally, GlobalLOK™ reduces client staffing resources needed to follow up on the customers delinquent payments and time spent recovering computer assets from non-paying customers," stated Fred Rackers, Globalgroup President.
In corporate network applications GlobalLOK™ addresses a key factor which has been a barrier for management - fear and mistrust. The technology helps monitor and control performance of telecommuters and other remote employees with whom corporate assets such as laptops are deployed. The software can be coded according to customizable parameters desired by the corporate network administrator.
I am very impressed with its achievement! Let's take a look at the technicals …
As many technical analysis sources recommend it a VERY BULLISH stock, I can see GIHI is getting ready to bounce back and soar high in no time!
Put GIHI on your radar immediately! you might be very lucky today … and this is just the beginning of a new chain of actions!
Begin your research at the company's website: www.globalgroupinvestmentholdings.com