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EHOUSE GLOBAL, INC. ANNOUNCES NEW STRATEGY AND APPOINTMENT OF NEW CEO AND OTHER MANAGEMENT CHANGES

/EIN News/ -- SAN DIEGO, CA, Dec. 05, 2017 (GLOBE NEWSWIRE) --

EHouse Global, Inc. (OTC PINK: EHOS) (the “Company”) announced today that it will seek to enter into the multi-billion dollar thoroughbred horse racing industry and will soon make further announcements about the details of the strategic shift in its direction. The Company also announced that it has appointed Michael Bagley as Director, President, and CEO.

The thoroughbred horse racing industry is experiencing strong growth as it attracts participation from new audiences that are moving away from other professional sports, such as the NFL, and discovering the joy of watching and celebrating equine athletes.

"We are extremely excited about our upcoming announcements that will provide details of the Company’s new strategy and focus," said President & CEO Michael Bagley.  “Innovation within the sport and new tax regulations in favor of horseplayers are just some of the key drivers of that growth. We are looking forward to a successful launch in 2018 and following the lead of other industry innovators such as the Stronach Group, West Point Thoroughbreds, Team Valor International and Sagamore Farm.”

The executives of the Company are following a strategic path to open up access to the world of thoroughbred horse racing through its new strategy. The industry innovators noted above have pioneered private investment opportunities and the Company is bringing this unique asset class to the public markets.

Additional events include:

  • Financier Paul Strickland has joined the Company as Director. 
  • Interim CEO, Bryan Geer, remains a Director of the Company.
  • Previous management have resigned from all positions held at the Company.
  • The Company no longer has any involvement in the cannabis sector.

About President & CEO Michael Bagley

Michael Bagley brings 30 years of excitement and enthusiasm as a horseplayer to the Company. His career spans over two decades of domestic and international business experience providing advisory services to governments and corporations. Michael’s personal and professional contacts with international governments form the foundation of his professional business ethic. He received his degree in Public Relations from the University of Alabama in 1992.

About EHouse Global, Inc. 

EHouse Global is transitioning itself into a company involved in the thoroughbred horse racing sector.

Safe Harbor

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of EHouse Global, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond EHouse Globals’ ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in EHouse Global's filings with the Securities and Exchange

EHouse Global, Inc.
Public Relations and Shareholder Information
Phone: (518) 350-4642
Email: info@itholdingsinc.com

Distribution channels: Sports, Fitness & Recreation