LAS VEGAS, Aug. 6, 2013 (GLOBE NEWSWIRE) -- Global Links Corp. (OTC:GLCO), today announced that the Company anticipates BXI Trade Exchange, Inc., its recently acquired subsidiary, will experience significant monthly revenue growth during its first year of operation, beginning in the fourth quarter of this year.
BXI Trade Exchange provides a secondary currency system whereby its members can actively trade or barter with each other by using "trade dollars" that are used in exchange for goods and services just like cash. BXI acts as a broker, charging members a 10% fee per transaction in addition to a membership fee.
Management has set a goal of 100,000 members and monthly trade volume of $50 million, which would generate $6 million in revenue for the Company. The launch of the new BXI Trade Exchange platform is planned for October 2013 and Global Links Corp. expects to begin reporting revenue the following month.
CEO of Global Links Corp., Frank Dobrucki, commented, "We are very excited for the launch of our new subsidiary in the coming months because it will serve as the perfect complement to our core business. BXI will provide steady and significant cash flow for the Company which is key to building and maintaining shareholder value during the times between our housing development projects."
"BXI was formerly the world's largest trade exchange, before the widespread use of the internet and since announcing its re-opening, the company has gained a tremendous amount of interest and outreach from former members. Being in the digital age, combined with our recently announced aggressive growth strategy, we strongly believe that BXI's revenues could potentially double every month in the early stages of the company's development on the way to our current goal of $6 million in monthly revenue," continued Mr. Dobrucki.
About Global Links Corp.
Global Links Corp. is a diversified company focused on developing modern affordable housing projects internationally using innovative and proprietary stackable housing designs. The company's subsidiary, BXI Trade International, provides a service whereby members can exchange goods and services for "trade dollars" in place of cash. For more information, please visit: www.globallinkscorp.com .
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document that are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The company is not required to update its forward-looking statements.
Global Links Corp., Las Vegas Patrick Donahoo, 702-927-7668
