Miami, FL – August 12, 2020 (EmergingGrowth.com NewsWire) — EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on GoIP Global, Inc. (OTC Pink: GOIG).

GoIP Global, will focus on acquiring controlling interests in profitable basic businesses. Initially, GoIP Global will focus on acquiring transportation companies and simple manufacturing and or consumer products businesses.

Average daily volume for GOIG is 24 million shares. See how the volume does in the morning hours of trading.

GoIP Global, Inc. Press Release:

NEW YORK, NY / ACCESSWIRE / August 12, 2020 / GoIP Global Inc (OTC PINK:GOIG) announced today, the signing of an asset purchase agreement to acquire substantially all of the assets of a privately-held transportation company that operates FedEx home and ground routes in the NYC area, this follows the LOI that was announced in a press release on June 1, 2020. The acquisition is subject to approval by FedEx; as well as the acquisition of a second FedEx route that the Company has signed a letter of intent to acquire. As previously stated, the purchase price will be paid in cash and will not be dilutive to shareholders. The Company expects the acquisition to be immediately accretive.

The acquisition is part of GoIP’s (to be renamed TransWorld Holdings) strategy to build a transportation division that is expected to provide strong and consistent cash-flow. The Company sees FedEx routes as opportunistic in today’s changing “on demand,” e-commerce economy. It is the Company’s intention to acquire additional FedEx routes as it builds its transportation unit.

TransWorld’s Board see tremendous opportunities in growing further into the e-commerce and “on-demand” economy. TransWorld’s primary focus is to bring value to its shareholders.

About FedEx Routes
Many FedEx delivery routes are not actually owned by FedEx, but rather by small independent businesses. These businesses maintain a contract with FedEx which outlines the services to be provided by the contractor, standards required by FedEx, and the area the contractor is assigned (the zip code/route). FedEx pays these contractors on a weekly basis. These routes are divided between Line Haul, Ground and Home delivery services.

About GoIP Global/ TransWorld Holdings Inc.
TransWorld’s mission is to operate as a profitable holding company operating in a number of business segments, initially including transportation, simple technology services, consumer goods and active investments. TransWorld’s primary focus is to bring value to its shareholders by bringing last mile solutions in the ecommerce world. TransWorld is in the process of changing its name to TransWorld Holdings Inc. and will apply for a new symbol. To learn more, please visit www.transworldenterprises.com.

Safe Harbor Statement Information in this news release may contain statements about future expectations, plans, prospects or performance of GoIP Global, Inc. that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases “can be,” “expects,” “may affect,” “believed,” “estimate,” “project,” and similar words and phrases are intended to identify such forward-looking statements. GoIP Global, Inc. cautions you that any forward-looking information provided by or on behalf of GoIP Global, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. GoIP Global, Inc.’s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond GoIP Global, Inc.’s control. In addition to those discussed in GoIP Global, Inc.’s press releases, public filings, and statements by GoIP Global, Inc.’s management, including, but not limited to, GoIP Global, Inc.’s estimate of the sufficiency of its existing capital resources, GoIP Global, Inc.’s ability to raise additional capital to fund future operations, GoIP Global, Inc.’s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match GoIP Global, Inc.’s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. GoIP Global, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

CONTACT:
GoIP Global Inc
ko@transworldenterprises.com
1-917-268-0660

SOURCE: GoIP Global Inc

About EmergingGrowth.com

EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies.  Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization.  We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth.  Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community.  Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.

All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks.  EmergingGrowth.com, or its associates may have a position either long or short in any company mentioned herein. Please read our full disclosure, which can be found here, http://emerginggrowth.com/disclosure/. Please consult an investment professional before investing in anything viewed within this article or any other portion of EmergingGrowth.com. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.

Add a Comment to this Post

comments