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Old 06-29-2010, 08:09 AM   Nav to Top  #1
Bulldogs11
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Big Smile GOIG - NEWS OUT $$ GoIP Signs $5 Million LOI With

GoIP Signs $5 Million LOI With Chinese Investor
Goip Global New (OTC) (USOTC:GOIG)
Intraday Stock Chart
Today : Tuesday 29 June 2010

GoIP Global, Inc. (PINKSHEETS: GOIG) announced today that Mr. Ike H Sutton, the Company's CEO, signed a LOI (Letter of Intent) in China last week with Mr. Yidong Fu, a Chinese Industrialist. Mr. Fu will be investing $5,000,000 into GoIP and will be receiving restricted common shares of the Company's Stock. The closing and funding is expected to take place within 90 days.

The funds are to be used to further GO800's marketing efforts in USA/Canada and to establish a GO800 subsidiary in China, to launch GO800 in China in 2011.

Mr. Sutton's voice recording of the past week's news can be heard by texting GOIG to 46800.

About GoIP Global, Inc. and GO800, LLC

GoIP Global offers a range of services, solutions and tools for brands, agencies, content providers, online portals, entertainment and media companies. GoIP Global offers brand and content customers great flexibility in creating mobile marketing campaigns and applications. Through its subsidiary GO800, LLC, GO800™, a new patent pending text messaging service, which launched in 2010, enables advertisers to incorporate a text prompt in their advertisements, prompting consumers to contact them through a text message rather than calling a 1-800 toll free number. For More Information visit www.goipglobal.com, Voice Keywords™ by Go800™. They Text. You Connect.™ or Go800 | Facebook. The GO800 video can be viewed and shared on iPhone, Blackberry, or Android from this URL: http://go800.delivr.com/1194v

Safe Harbor Statement Information in this news release may contain statements about future expectations, plans, prospects or performance of GoIP Global, Inc. that constitute forward-looking statements for purposes of the safe harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. GoIP Global, Inc. cautions you that any forward-looking information provided by or on behalf of GoIP Global, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. GoIP Global, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond GoIP Global, Inc.'s control. In addition to those discussed in GoIP Global, Inc.'s press releases, public filings, and statements by GoIP Global, Inc.'s management, including, but not limited to, GoIP Global, Inc.'s estimate of the sufficiency of its existing capital resources, GoIP Global, Inc.'s ability to raise additional capital to fund future operations, GoIP Global, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match GoIP Global, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. GoIP Global, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

Contact:

Equiti Trend

Investor Relations

1-800-953-3350



Mina Mar Group

Investor Relations

1-647-426-1640

The MinaMar Marketing Helpdesk

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