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Global Boatworks Hldgs Inc (OTC: GBBT) Breaking News - November 29, 2016

 



Global Boatworks Nears Completion of Flagship Luxuria Class Vessel

 

Vessel to add over $1M in Asset Value with Sales Price Expected at $1.5M; $1,000-1500 per day as a Rental


POMPANO BEACH, FL—Nov 29, 2016 – Global Boatworks Holdings (OTC: GBBT) announced the following update today:

Construction of the Luxuria - The "Luxuria" is currently under construction at the Lauderdale Marine Center in Fort Lauderdale, FL. The total square footage of the complete vessel will be 1966 feet. The hull as well as both floors are framed out. As of our latest production schedule, completion dates for individual milestones are as follows:

Interior doors and hardware completion by end of first week in December. Cabinets and electrical work to be completed by the end of the third week of December. Decks and railing first week in January, 2017. Flooring, glass and tile work to be complete by mid-January.

Engines for the Luxuria will be installed last which is slated to occur 25 January, 2017.

Completion and Documentation is expected to occur on or before 26th January, 2017.

Sales and Rentals of the Luxuria Class Vessels - Sales price of the Luxuria class luxury floating vessels will be in the $1.5 million range. The units are expected to rent for $1,000-1,500 per night. Each vessel will have 1,600 square feet of air-conditioned luxury living space and amenities which is far greater than comparable hotel rooms, which rent for the same price in the local area. Rates will be higher for special event occasions and holidays as well as a higher rate for the winter months.

Bob Rowe, CEO of Global Boatworks stated, “We are pleased to be on track for completion of our first Luxuria class luxury living vessel by late January.”

Rowe continued, “The Luxuria will enable us to add over one million dollars in asset value and at the same time, we expect it to be more than just an asset on the books; it will be an income producer. The sale of the Miss Leah, in Boston will enable us to get a running start on construction of the second Luxuria class vessel.”

The Luxuria is the first of two flagship and showcase vessels to be constructed in South Florida. The Luxuria class vessels feature: Floor-to-ceiling windows; a chef-quality kitchen; two bedrooms with a spacious master suite; spa-like bathrooms; big-screen TV; two large decks; and two outboard engines. These will be docked in the exclusive marinas in South Florida and offered for sale and short-term rentals for vacationers, business travelers, and special events.

Sale of the Miss Leah - Additionally, the Company has a contract for sale of the “Miss Leah” in Boston, MA. Proceeds from the sale, if executed, will be used to reduce short term debt and reinvested into the Company to provide additional capital for construction the second Luxuria class luxury floating vessel.

About the Miss Leah - The Miss Leah is a two story, private townhouse, updated with top-of-the-line amenities and features. Located right in the heart of Quincy's most desirable community, Marina Bay. The Miss Leah has a view across the Boston Harbor and amazing views of the city of Boston. The Boardwalk is full of restaurants, and nightlife and is only a 10-15 minute drive from downtown Boston. The Miss Leah is right off the boardwalk at the docks, which makes for a very convenient location as the Shuttle to 'T' right nearby for easy travel to & from Boston.

The Miss Leah features:
• Private floating two story condo quality town home
• Richly appointed interior
• 2 Bedrooms, 2 Bathrooms
• Sleeps 4-5 Guests
• Granite and stainless steel kitchen
• Crown molding

The Miss Leah has been extensively reviewed and has received 5 out of 5 stars in 38 of 48 reviews and 4 stars in 5 reviews. Link for information, reviews and photos of the Miss Leah.

About Global Boatworks:
Global Boatworks Holdings, LLC ("the Company") is a multifaceted boat-building and vacation-rental company that operates out of Pompano Beach, Florida. The Company has previously built a highly successful rental houseboat in Boston, and currently has designed a state-of-the-art luxury floating home that will launch in the South Florida market.

Safe Harbor:
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company which continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

Contact:
Global Boatworks Holdings, Inc.
info@globalboatworks.global
http://www.globalboatworks.global

Source: Global Boatworks Holdings

 

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Recent Global Boatworks Holdings News:

 

Global Boatworks Updates Shareholders on Construction

 

POMPANO BEACH, FL—Nov 16, 2016 – Global Boatworks Holdings (OTC: GBBT) announced the following update today:

Construction of the Luxuria:

The "Luxuria" is currently under construction at the Lauderdale Marine Center in Fort Lauderdale, FL. The total square footage of the complete vessel will be 1966 feet. The hull as well as both floors are framed out. As of our latest production schedule, milestones are as follows:

Plumbing November 22, 2016
- Interior Doors/Hardware December 6, 2016
- Cabinets December 20, 2016
- Electrical December 22, 2016
- Decks/Railing: January 4, 2017
- Flooring/Tile/Glass January 15, 2017
- Engines January 25, 2017
- Completion/Acceptance January 26, 2017

The Luxuria is the first of two flagship and showcase vessels to be constructed in South Florida. The Luxuria class vessels feature: Floor-to-ceiling windows; a chef-quality kitchen; two bedrooms with a spacious master suite; spa-like bathrooms; big-screen TV; two large decks; and two outboard engines. These will be docked in the exclusive marinas in South Florida and offered for sale and short-term rentals for vacationers, business travelers, and special events.

Sale of the Miss Leah

Additionally, the Company has a contract for sale of the "Miss Leah" in Boston, MA. Proceeds from the sale, if executed, will be used to reduce short-term debt and reinvested into the Company to provide additional capital for construction of the second Luxuria class luxury floating vessel.

About the Miss Leah

The Miss Leah is a two story private townhouse, updated with top-of-the-line amenities and features. Located right in the heart of Quincy's most desirable community, Marina Bay, the Miss Leah has a view across the Boston Harbor and amazing views of the city of Boston. The Boardwalk is full of restaurants and nightlife and is only a 10-15 minute drive from downtown Boston. The Miss Leah is right off the boardwalk at the docks, which makes for a very convenient location as the Shuttle to 'T' right nearby for easy travel to and from Boston.

The Miss Leah features:

- Private floating two-story condo quality town home
- Richly appointed interior
- 2 Bedrooms, 2 Bathrooms
- Sleeps 4-5 Guests
- Granite and stainless steel kitchen
- Crown molding
- The Miss Leah has been extensively reviewed and has received 5 out of 5 stars in 38 of 48 reviews and 4 stars in 5 reviews.

Link for information, reviews and photos of the Miss Leah.

Sales and Rentals of the Luxuria Class Vessels

Sales price of the Luxuria class luxury floating vessels will be in the $1.5 million range. The units are expected to rent for $1,000-1,500 per night. Each vessel will have 1,600 square feet of air-conditioned luxury living space, which is far greater than hotel rooms, which rent for the same price in the local area. Rates will be higher for special event occasions and holidays as well as a higher rate for the winter months.

Bob Rowe, CEO of Global Boatworks, stated, "We are pleased to be on track for completion of our first Luxuria class luxury living vessel by late January. The sale of the Miss Leah, in Boston will enable us to get a running start on construction of the second Luxuria class vessel."

About Global Boatworks:

Global Boatworks Holdings, LLC ("the Company") is a multifaceted boat-building and vacation-rental company that operates out of Pompano Beach, Florida. The Company has previously built a highly successful rental houseboat in Boston, and currently has designed a state-of-the-art luxury floating home that will launch in the South Florida market.

Safe Harbor:

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company which continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

Global Boatworks Holdings, Inc.
info@globalboatworks.global
http://www.globalboatworks.global

Source: Global Boatworks Holdings, Inc.

 

Global Boatworks Announces Funding Deal

 

Global Boatworks Is Pleased to Announce That it Has Closed on a $500,000 Round of Financing


POMPANO BEACH, FL—Aug 30, 2016 – Global Boatworks Holdings (OTC: GBBT) builder of luxury floating homes, is pleased to announce the closing of an initial round of financing with Tonaquint Inc. The financing calls for an immediate payment of $250,000 minus closing costs and a line of credit for another $250,000.

Global Boatworks CEO Robert Rowe stated, "Global Boatworks is very excited about our new relationship with Tonaquint. This new financing package will take care of virtually all of our short term funding needs." Construction of the company's first Florida-based luxury vessel "Luxuria 1" continues to progress. The enormous floor to ceiling windows that make up a great part of the floating home are scheduled to be installed this week. The interior walls and partitions are also now under construction.

The "Luxuria 1" is currently under construction at the Lauderdale Marine Center in Fort Lauderdale, Fl. Global Boatworks builds, rents, and sells custom high quality Floating Homes. About Global Boatworks, LLC: Global Boatworks, LLC ("the Company") is a multifaceted boat-building and vacation-rental company that operates out of Pompano Beach, Florida. The Company has previously built a highly successful rental houseboat in Boston, and currently has designed a state-of-the-art luxury floating home that will launch in the South Florida market.

Global Boatworks will immediately build two flagship showcase models of its modern "Luxuria" floating home, which features: Floor-to-ceiling windows; a chef-quality kitchen; spacious bedrooms; spa-like bathrooms; big-screen TV; two large decks; and two outboard engines. They will be docked in the exclusive marinas in South Florida and offered for sale and short-term rentals for vacationers, business travelers, and special events.

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

Contact:
Global Boatworks Holdings Inc.
globalboatworks1234@gmail.com
http://www.globalboatworks.global

Source: Global Boatworks Holdings Inc.


 

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About Global Boatworks Holdings:


CAbout:

Global Boatworks builds, sells, and rents Luxury Floating Vessels. Their vessels are literally luxury homes that float. They have stainless steel appliances, granite counter tops, fireplaces, roman tubs, floor to ceiling windows, electric blinds, heated towel racks, etc. The Luxuria Floating vessel is a true luxury home that just happens to float.

Global Boatworks, LLC intends to be the Premier Builder of Luxury Floating Vessels in the Southeastern United States.
Keys to Success
- Obtain capital to fund operations
- Complete build-out of flagship Luxuria models in timely manner
- Leverage experience of owners with proven track record of success in construction and business development
- Utilizing a highly experienced project team with design-build skills
- Creating robust marketing programs to target the hospitality and boating markets
- Staying relevant to vacationers and boat buyers with continued product enhancements
- Managing internal finances and cash flow to facilitate upward capital growth

The majestic waterways and unparalleled sunny days of Florida are enough to entice anyone to move to the Sunshine State. Many companies have relocated to Florida, especially if their business growth is dependent on warm weather and an abundance of rivers and oceanfront properties. These conditions became a necessity for Global Boatworks, LLC, who were in the process of developing floating vessels for residential and commercial use in Boston, MA. The first model, Miss Leah, was successfully launched in Boston Harbor to become the first of its kind as a Flotel or Floating Hotel in the State.

While the success of Miss Leah prompted the developer, Robert Rowe, to continue with the plans, the weather related seasonal limitation of Massachusetts resulted in moving the future projects to sunny Florida.

In the past, Mr. Rowe has founded and operated multiple highly successful construction firms in Massachusetts, working on several high-end projects. He has also worked as an independent construction consultant in Boston and South Florida for the past several years. In 2014 the Global Boatworks, LLC was established in South Florida and released the plans for their newest model, Luxuria.

Global Boatworks, LLC (“the Company”) is a multifaceted boat-building and vacation-rental company that operates out of Pompano Beach, Florida. The Company has previously built a highly successful rental houseboat in Boston, and currently has designed a state-of-the-art luxury floating home that will launch in the South Florida market. Global Boatworks will immediately build two flagship showcase models of its modern “Luxuria” floating home, which features: Floor-to-ceiling windows; a chef-quality kitchen; spacious bedrooms; spa-like bathrooms; big-screen TV; two large decks; and two outboard engines.

They will be docked in the exclusive marinas in South Florida and offered for sale and short-term rentals for vacationers, business travelers, and special events.

Our Homes:
Global Boatworks will build a series of luxury houseboats for rental, floatels in South Florida. These floating vessels will be marketed to vacationers as a one-of-a-kind rental experience, moored in high-end marinas with 360-degree views of the ocean and the skyline of cities like West Palm Beach, Fort Lauderdale, and Miami Beach, etc.

luxuryhomesGlobal Boatworks’ “Luxuria” houseboats will be modern, luxury-filled designs based on a working model from the Company’s co-owner in Boston. The floating vessel, floatel has had great success as a vacation rental on the Boston Harbor, and these new vessels will take advantage of the year-round beautiful weather in South Florida to bring in a steady stream of rental income.

The Company intends to immediately build two Luxuria models and also field orders for custom houseboats. Each Luxuria will have a two-story townhouse design with top-of-the-line amenities and features. The richly appointed interior will be approximately 1,400 square feet with two bedrooms and two baths, sleeping 5-6 guests. Air conditioning, a master bedroom with Jacuzzi, and washer/dryer will be standard. The features will also include:

Floor-to-ceiling glass
Stainless steel appliances
Granite countertops
Motorized shades
Pop-up big screen TV
Roman tubs
Luxury baths
Oversized desks with automated covering

The Luxurias will also feature two outboard engines so that they can be relocated or moved in the event of severe weather conditions. The vessels will be built at the Lauderdale Marine Center, which is the largest yacht-repair facility in the United States. The two flagship Luxuria vessels will also serve as sales models for custom-built units.
Global Boatworks anticipates that is will receive a steady flow of custom orders and intends to move into the sales aspect of the business as soon as practical. While the Luxuria rental units will provide nice cash flow, the margins are much greater on custom sales.

Rent:
Global Boatworks, LLC (“the Company”) is a multifaceted boat-building and vacation-rental company that operates out of Pompano Beach, Florida. The Company has previously built a highly successful rental houseboat in Boston, and it has designed a state-of-the-art luxury floating home that it will launch in the South Florida market. Global Boatworks will immediately build two flagship showcase models of its modern “Luxuria” floating home, which features: Floor-to-ceiling windows; a chef-quality kitchen; spacious bedrooms; spa-like bathrooms; big-screen TV; a large deck; and two outboard engines.

They will be docked in exclusive marinas in South Florida and offered for short-term rentals for vacationers, business travelers, and special events, etc. This will simultaneously bring in a solid revenue stream and act as floating advertisements for fielding Custom Luxury Vessel orders. At the Lauderdale Marine Center, Global Boatworks will craft the finest houseboats on the markets.

Visit Boston “Luxury Vessel” Rental

Miss Leah luxury vessel is available for rental in Quincy’s Marina Bay across from Boston Harbor

Financial Reporting
Reporting Status: ………….SEC Reporting
Audited Financials: ……….Audited
Latest Report: ……………….Nov 17, 2016 10-Q
Fiscal Year End: …………….12/31
OTC Marketplace Status: ..OTC Pink Current

Stock Data
Authorized Shares 90,000,000 /Dec 18, 2015
Outstanding Shares 7,620,000 /Aug 15, 2016

Company Officers
Robert Rowe………………CEO
Leah Rowe……………………….Secretary

Service Providers
Accounting/Auditing Firm
Salberg & Company, P.A.
2295 NW Corporate Blvd.
Suite 240
Boca Raton, FL, 33431-7328
United States

Legal Counsel
Jonathan D. Leinwand, P.A.
20900 NE 30th Ave, 8th Floor
Aventura, FL 33180

Transfer Agent
Globex Transfer, LLC

.SOURCE: http://globalboatworks.global




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