IRVINE, Calif., Jan. 23, 2013 /PRNewswire/ -- Versant International Inc. (OTCQB: VINTB) announced today that it will be changing its name effective January 2013 to Global Vision Holdings, Inc. The company's Class B common stock will continue to be listed on the OTCBB under the ticker symbol "GVHIB". This change is part of a larger rebranding effort to emphasize the company's commitment to acquiring businesses from a wide range of industries to increase shareholder earnings.
The leadership felt the old name did not properly convey the company's true mission statement and operating structure. Global Vision Holdings Inc. invests in emerging and growing companies, specifically majority control positions to increase shareholder value. In addition to solid financial performance criteria, they have developed a set of markers by which it can analyze and grade the attractiveness of the financial impact that a company has to assess is future performance potential.
"The name Global Vision Holdings Inc. promotes the true objective of the company to broaden our horizons and provide our shareholders with a more extensive and diverse portfolio of investments in 2013," said Glen Carnes, CEO. "It is simply a name that has more relevance to our key stakeholders and our marketplace in general."
About Global Vision Holdings Inc.Headquartered in Irvine, California, Global Vision Holdings Inc. is a diversified financial investment company that primarily engages in businesses of profitable and growing, environmentally responsible, companies. The company uses a superior team of financial research experts and in-house financial responsibility analysis to make recommendations for strategic acquisitions. For more information, please visit our website at www.globalvisionholdings.net Cautionary Statement Regarding Forward-Looking Statements This release may include forward-looking statements. These forward-looking statements are based on current expectations that involve risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may differ materially. These risks include: changes in business or other market conditions; the challenge of managing asset/liability levels; the difficulty of keeping expense growth at modest levels while increasing revenues; unforeseen challenges with respect to product development and the timing thereof; integration efforts relating to our acquisition activities; uncertainties regarding financing efforts which may be undertaken by the Company; and other risks detailed from time to time in the Company's Securities and Exchange Commission reports, including but not limited to the Annual Report on Form 10-K for the most recent year ended. Pursuant to the Private Securities Litigation Reform Act of 1995, the Company does not undertake to update forward-looking statements contained within this news release.