Carl Olivieri Resigns as Chairman & CEO of Global Triad Inc.
MCKINNEY, TX (RUSHPRNEWS)- September 29, 2007 — Soul to Sole Ventures, Inc. announces that Carl Olivieri has resigned his position as Chaiman and CEO of Global Triad, Inc. (PINKSHEETS: GBTD). Included in his resignation, Mr. Olivieri also terminated his position as an Officer and Director of Global Triad effective immediately as well as the agreement that would have merged Soul to Sole Ventures, Inc. and Global Triad, Inc.
The reason for the termination of the agreement was for failure to complete the merger within the specified time frame and that Soul to Sole Ventures, Inc.’s board members having expressed their desire to continue expanding Soul to Sole Ventures’ business model.
Mr. Olivieri also stated in his resignation that he wished the best for the GBTD and its employees. Should there be some possible synergistic business opportunity in the future, he would welcome that opportunity.
About Global Triad, Inc.
Global is a developmental stage network that intends to provide free over-the-air advertiser based programming to television viewing audiences in the communities served by local affiliate television stations including broadband streamed delivery of its programming 24 hours a day, seven days a week. These distribution platforms will allow the affiliates and viewers to have access to programming throughout the day.
About Soul to Sole Ventures, Inc.
Soul to Sole Ventures, Inc. is a unique business development, consulting firm located in North Dallas, TX. Its mission is to create, build, and in some instances, operate businesses that satisfy unmet market needs. Soul to Sole Ventures seeks out companies that are in the information technology, retail, entertainment, and/or life sciences where the business has exceptional promise.
The statements contained in this press release contain certain forward-looking statements, including statements regarding Soul to Sole Ventures, Inc.’s expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to Soul to Sole Ventures, Inc. and its management as of the date hereof and actual results may vary based upon future events, both within and without the control of Soul to Sole Ventures, Inc.’s management.
For information contact: Carl Olivieri
Soul to Sole Ventures, Inc.
Soul to Sole Ventures, Inc. announces that Carl Olivieri has resigned his position as Chairman and CEO of Global Triad, Inc. (PINKSHEETS: GBTD).
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