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Global Vision Holdings Inc (PK:GVHIB)

Business Focus: Diversified Investment Services

Sector:  Financials Industry:  Diversified Investment Services
 
Company Contact
Address: 19200 Von Karman Ave, 6Th Floor
IRVINE CA 92612
Tel: N/A
Website: N/A
IR: N/A
Key People
Glen W. Carnes
Chairman of the Board, President
George England
Chief Executive Officer
Kaylee Duff
Chief Operating Officer
Prasangi Munindradasa
Vice President - Mergers and Acquisitions
   
Business Overview
Global Vision Holdings, Inc. is a financial holding company that focuses on the investments of environmentally responsible companies. In addition to the parent Company, Global Vision Holdings, Inc. operates four wholly-owned subsidiaries: The Place Media, LLC; Mamma's Best LLC, Strategic Management Consultants, LLC, and Grocers Direct, LLC. The Place Media, LLC publishes The Place Magazine, a travel and tourist guide highlighting local attractions, entertainment and restaurants to visitors to the San Diego, Orange County and Los Angeles areas. Through Mamma's Best, LLC, the Company produces and sells food products. Its Mamma's Best products are available at organic and natural food retail outlets primarily in Southern California. Grocers Direct provides consulting and representation services for emerging natural food brands in the retail market place.
Financial Overview
For the nine months ended 30 September 2013, Global Vision Holdings Inc revenues increased from $9K to $428K. Net loss decreased 73% to $782K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Compensation decrease of 96% to $105K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.03 to -$0.01.