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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Global Links Corporation New (CE) | USOTC:GLCO | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.000001 | 0.00 | 01:00:00 |
Global Links Signs Agreement with the Nation
of Sierra Leone to Launch Affordable Housing Initiative
Company
Introduces its ?Butterfly House? Factory-Built Homes in Africa
LAS VEGAS, NV, September 30, 2013 ?
Global Links Corp. (OTC: GLCO) today
announced that the Government of the Sierra Leone has signed an agreement to
host the manufacturing and distribution of the Company?s ?Butterfly House?
factory-built homes.
The agreement marks the
official launch of Global Link?s initiative to provide affordable, quality
housing to underdeveloped countries worldwide. The Company will construct a
?state-of-the-art? factory in Sierra Leone that will mass-produce its homes,
providing local jobs while reducing supply line costs.
The factory is expected to be
ready for full-scale production in nine months and initially produce 25
homes per week with the ability to produce 75 homes per week at maximum capacity.
At this production rate, Global Links projects monthly revenue between $200,000
and $600,000 from its Sierra Leone facility. Additionally, HFC Mortgage and
Savings (SL) PLC has agreed to provide financing for the project?s initial
phase.
CEO Frank Dobrucki stated, ?This agreement is an extremely
positive development for Global Links and its shareholders and we could not be
more excited to begin providing safe, affordable housing to those in need
around the world. I would like to commend the government of Sierra Leone as
their nation will now serve as a shining example of how our factory-built homes
will significantly enhance the quality of life of its citizens while
stimulating the local economy.?
?With the tremendous positive impact our housing project will have in
Sierra Leone, we expect
several more nations to join our initiative in the near future. Our mission is
to help end poverty in one generation by providing people in underdeveloped
countries with a quality home to serve as a solid foundation for an education,
proper nutrition and medical care due to a better sense of safety and
well-being,? continued Dobrucki.
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