GBHL CEO Gary Rasmussen stated that “post production work has begun and Kaleidoscope Entertainment, the Canadian distributor for American Sunset, will begin working with the film’s sales agent, Global Universal Film Group, a wholly owned subsidiary of GBHL, on a release schedule that will occur later this year.”

Jacqueline Giroux, President of GUP, wrote American Sunset and co-produced the film with Marc Savoie of The Postman in Moncton, Canada, who is providing post-production services. Michael Masucci directed American Sunset. A trailer for American Sunset is available for viewing on the GBHL website at www.globaluniversal.com/projects.htm.

The Company’s first feature length film, Blue Seduction, starred Billy Zane (Titanic, BloodRayne, Sniper) and Estella Warren (Planet of the Apes, Law & Order) and was directed by Timothy Bond. Blue Seduction is being distributed by Image in Media, Anchor Bay Entertainment and Starz Media

Mr. Rasmussen further commented, “With the start of distribution of Blue Seduction, the completion of American Sunset and pre-production started on our third film, GBHL’s financing strategy, which incorporates low investment risk with significant upside potential, is certainly being well received. I urge everyone to visit our website www.globaluniversal.com to keep abreast of our progress and view our latest trailers for an idea of the quality of films our team is producing.”

Ms. Giroux announced that, “We will be inviting our investors for a private screening of our films this July in Fredericton and Moncton, New Brunswick to introduce our Canadian Film Fund. The fund will allow investors to participate in both the common stock of GBHL, as well as an equity position in our continuing production of a slate of films for the coming year.”

Global Entertainment Holdings, Inc. is a public Company, traded on the “OTC” under the symbol, GBHL. The Company goal is building a global entertainment organization. GBHL, through its wholly owned subsidiary, Global Universal Film Group, Inc. (http://www.globaluniversal.com), and its partially-owned Canadian subsidiary Global Universal Pictures, is in the process of developing and producing a slate of six to eight motion pictures. GBHL is focused on the financing and production of feature-length films, with recognizable names, for worldwide release. GBHL, through another wholly owned subsidiary, You’ve Got The Part, Inc. http://www.youvegotthepart.com, will attempt to capitalize on the current popularity of Hollywood and reality based programming. Coverage of GBHL’s common stock has been initiated by “The Wall Street Corner” (www.wallstreetcorner.com/daily.html).

Further information on the Company and/or the publicly traded stock can be obtained by contacting Worldwide Financial Solutions at: wfsolutions@gmail.com or (765) 780-0915.