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Matchaah Holdings, Inc. MCHA
Posted On: 03/22/2012 12:57:59 PM
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Posted By: Roger Wilco


































Gear International, Inc. Updates Business Outlook, Plans Acquisitions for 2012


Date : 03/22/2012 @ 12:22PM
Source : MarketWire
Stock : Gear International, Inc. (GEAR)
Quote : 0.03  0.0005 (1.69%) @ 12:38PM















Gear International, Inc. Updates Business Outlook, Plans Acquisitions for 2012





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Golfgear Intl (PC) (USOTC:GEAR)
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Today : Thursday 22 March 2012


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Gear International, Inc. (PINKSHEETS:GEAR) is pleased to announce progress on a number of strategic initiatives that will enhance Gear's position in the marketplace. Gear has officially changed from "GOLFGEAR" to "GEAR" having effectively shifted its entire business model and direction from its prior business model. Dale Geck the president of the company has filed the name change with FINRA and all other necessary agencies. The symbol for Gear International, Inc. will remain the same. The website, www.gearii.com, will offer up to date information on the company's development.


The company acquired the knowledge and expertise of Jamal Lucas, Faisel AbulAziz and Felix Abangin who have all agreed to become advisors. As we develop our management team we are looking forward to positioning the company as a leading resource development company.


Gear's board has instructed legal counsel to reduce the authorized common stock from 2,900,000,000 to 600,000,000 and to cancel all class "C" preferred stock by the end of March 2012.


Geck states, "This change in business direction is a huge step for Gear International, Inc. The aggregate experiences of our new advisors enhance Gear's ability to continue attracting investors from new markets. The fact that individuals with diverse and accomplished profiles are advising GEAR, serves as notice for small cap gold producers to partner with GEAR and benefit from global interest in Gold as an asset. Gold will continue to be an effective asset in hedging against macroeconomic risk, sovereign credit, inflation concerns, and loose monetary policies. Our supply chain market entry point allow us to operate with positive margins even if Gold retraces 400%. Obviously there are a number of global and political scenarios that could impact gold's value to $2100/oz."


About Gear International, Inc.


GolfGear International, Inc. was originally incorporated in 1996 as a golf equipment company. The Company has recently altered its business strategy to include gold and silver mining, providing financing for gold and silver mining projects, and precious metals processing and refining.















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