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ACQUISITION AND DISPOSITION OF GOe3, LLC
3 Months Ended
Sep. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
ACQUISITION AND DISPOSITION OF GOe3, LLC

NOTE D – ACQUISITION AND DISPOSITION OF GOe3, LLC

 

On March 15, 2024, the Company acquired 100% ownership of GOe3, LLC (“GOe3”), an entity planning to operate a network of universal electric vehicle charging stations, in exchange for “Exchange Shares” and the potential issuance of New Preferred Stock of the Company.

 

During fiscal 2025, Global determined that GOe3 had not met key operational and financial milestones required under the Share Exchange Agreement dated March 15, 2024. As a result, on June 30, 2025 Global elected to terminate and cancel the acquisition and all related agreements.