StockGuru Blog: Global Diversified Industries Inc. – New Law Creates Opportunity for Modular Classrooms

GDVI – (OTCBB: GDVI) StockGuru Profile GDVI Global Diversified Industries, Inc. located in Chowchilla, California, is focused on the modular building industry with emphasis on the education market (http://www.gdvi.net), is pleased to report that the recent passage of Bond Measure Proposition 1D by California voters means an improvement bond of $10.4 billion will be used to upgrade facilities at the nearly 8,000 schools throughout the state. It is estimated that more than 6,500 new kindergarten through grade 12 classrooms will be built with the funds along with 3,000 new community college classrooms. The Coalition for Adequate School Housing (CASH), which closely monitors this situation in the state, says: “There are a half million children born in California every year and 6.5 million students are already in our public school system. Many school districts are severely overcrowded. Students are trying to learn in schools that house some 75 percent more students than they were built to accommodate. The passage of Proposition 1D means overcrowding will be relieved, reducing class sizes and giving students a real opportunity to learn.” Many of the larger counties in California, including Los Angeles, San Diego, San Bernardino and Contra Costa, also passed local bond measures in the recent election that will allow them to receive matching funds from the state for their school facility improvement projects. Phil Hamilton, CEO, Global Diversified Industries, said that the “passage of these bond measures could have a significant, positive impact on our revenues and profits in the final quarters of the current fiscal year and beyond. We are tailoring our sales and marketing efforts to accommodate these school districts, community colleges and vocational schools that need an immediate solution for their overcrowding problems.” Mr. Hamilton continued: “Once district officials complete the appropriate paperwork and forward it to the state for approval, they will begin receiving appropriated funds. We are anticipating a heavy volume in new business opportunities during the next 12 months and thereafter.” Stay tuned as we examine this industry and Global Diversified’s place within it! Source: Newswire via FistCall via ComTex Global Diversified Industries, Inc. Phil Hamilton, CEO 1200 Airport Drive Chowchilla, CA 93610 Website: http://www.gdvi.net Phone: 559-665-5800 About Global Diversified Industries, Inc. Global Diversified Industries, Inc. is a holding company whose subsidiary Global Modular, Inc. is engaged in the modular construction marketplace with an emphasis on educational projects. It incorporates the latest in construction software, allowing them to better manage projects incorporating cost vs. profit ratios, construction and manufacturing schedules, purchasing, receiving and other facets of industrial management. The Company’s work is found in Northern and Southern California, with numerous projects on budget for school systems throughout the state. This release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company’s reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company’s estimates as of the date of the press release, and subsequent events and developments may cause the Company’s estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Disclosure: Pentony Enterprises LLC was compensated $21,000 from a non-controlling third party for profile coverage for profile coverage. Pentony Enterprises LLC is not a registered investment advisers or broker/dealers. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (214) 458-4258. Web: StockGuru.com. Email: Publisher@stockguru.com .