Friday 30 April 2004 - GLO Broker Presentations

Apr 30, 2004


Global Approach Limited (ASX:GLO) today announced details of its plans to conduct broker presentations aimed at informing the market about its progress and general operations.

The main points of the presentations are as follows. • Revenue growth of 25% per month over the last 6 months to $224,470 per month in March 2004. • Online market analysis. • Business model details that give GLO a cost advantage over other listed online gaming companies. • Details of the 3 key success factors, namely staff experience, cost-effective marketing and Industry leading software. • Operational details including licensing and payment processing. • Future outlook. “GLO has made excellent progress so far and growth prospects remain strong”, said Mr Mike Veverka, CEO of Jumbo Corp. “I am pleased with JUM’s investment in GLO and the benefits the association brings to the Jumbo core business”. Jumbo Corporation Limited currently holds 19.9% of the fully paid ordinary shares in GLO plus 4.5 million tradeable options (ASX:GLOO) and 4.93 million unlisted 10c options. This investment is valued at $1.51 million based on the current GLO share price of 14.5c and market capitalization of $6.4 million. The retailing operations of JUM have improved due to the successful marketing techniques and technological synergies that exist between the companies. The full presentation is available at the Jumbo Corporation web site at   For further enquiries, please contact: Mike Veverka, CEO Ph: (07) 3831 3705 Fx: (07) 3831 9720 Email: Web:

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