LAS VEGAS, Sept. 30, 2013 (GLOBE NEWSWIRE) -- Global Links Corp. (OTC:GLCO) today announced that the Government of the Sierra Leone has signed an agreement to host the manufacturing and distribution of the Company's "Butterfly House" factory-built homes.
The agreement marks the official launch of Global Links' initiative to provide affordable, quality housing to underdeveloped countries worldwide. The Company will construct a "state-of-the-art" factory in Sierra Leone that will mass-produce its homes, providing local jobs while reducing supply line costs.
The factory is expected to be ready for full-scale production in nine months and initially produce 25 homes per week with the ability to produce 75 homes per week at maximum capacity. At this production rate, Global Links projects monthly revenue between $200,000 and $600,000 from its Sierra Leone facility. Additionally, HFC Mortgage and Savings (SL) PLC has agreed to provide financing for the project's initial phase.
CEO Frank Dobrucki stated, "This agreement is an extremely positive development for Global Links and its shareholders and we could not be more excited to begin providing safe, affordable housing to those in need around the world. I would like to commend the government of Sierra Leone as their nation will now serve as a shining example of how our factory-built homes will significantly enhance the quality of life of its citizens while stimulating the local economy."
"With the tremendous positive impact our housing project will have in Sierra Leone, we expect several more nations to join our initiative in the near future. Our mission is to help end poverty in one generation by providing people in underdeveloped countries with a quality home to serve as a solid foundation for an education, proper nutrition and medical care due to a better sense of safety and well-being," continued Dobrucki.
About Global Links Corp.
Global Links Corp. is a diversified holding company of Domain Micro Homes (DMH) and BXI Trade International. DMH is focused on developing modern affordable housing projects using innovative and proprietary stackable housing designs while BXI provides a service whereby members can exchange goods and services for "trade dollars" in place of cash. For more information, please visit: www.globallinkscorp.com.
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document that are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The company is not required to update its forward-looking statements.
CONTACT: Global Links Corp., Las Vegas Patrick Donahoo, 702-927-7668 firstname.lastname@example.orgSource:Global Links Corp.