UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended August 31, 2015

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _________ to __________

Commission file number: 333-201254

GLOBAL HOLDING INTERNATIONAL

(Exact name of registrant as specified in its charter)

Nevada	46-5282137
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

4921 BIRCH STREET, SUITE 110. NEWPORT BEACH, CA. 92660

(Address of principal executive offices) (Zip Code)

(949) 988-0968

(Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Sec.232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer", "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☒

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of October 30, 2015: 18,000,000 common shares and no shares of preferred stock.

PART I — FINANCIAL INFORMATION

Item 1. Financial Statements.

TABLE OF CONTENTS

		Page
Financial Statements

	Balance Sheets as of August 31, 2015 (unaudited) and November 30, 2014	2
	Statements of Operations for the three and nine month periods ending August 31, 2015 and August 31, 2014 (unaudited)	3
	Statement of Shareholders' Equity (Deficit) for the period from March 28, 2014 (Inception) through August 31, 2015 (Unaudited)	4
	Statements of Cash Flows for the nine month periods ending August 31, 2015 and August 31, 2014 (unaudited)	5
	Notes to the Financial Statements (Unaudited)	6

GLOBAL HOLDING INTERNATIONAL
BALANCE SHEETS
AS OF AUGUST 31, 2015 (UNAUDITED) AND NOVEMBER 30, 2014

	AS OF			AS OF
	8/31/15			11/30/14
ASSETS
Cash	$	8,786		$	8,800
Prepaid Expenses – Rent		200			1,100
Total Current Assets		8,986			9,900

TOTAL ASSETS	$	8,986		$	9,900

LIABILITIES & SHAREHOLDERS' EQUITY (DEFICIT)
Accounts payable	$	1,235		$	1,235
Accrued Interest		1,177			-
Promissory note – related party		33,300			-
Total current liabilities		35,712			1,235
TOTAL LIABILITIES		35,712			1,235

Common stock, $0.001 par value, 73,999,999 authorized, and 18,000,000 and 10,000,000 issued and outstanding as of August 31, 2015 and November 30, 2014, respectively.		18,000			10,000
Preferred stock – $0.001 par value, 99,999 authorized and 0 issued and outstanding as of August 31, 2015 and November 30, 2014, respectively.		-			-
Additional paid in capital		57,458			-
Subscription Receivable		(680	)		-
Accumulated Deficit		(101,504	)		(1,335	)
TOTAL SHAREHOLDERS' EQUITY (DEFICIT)		(26,726	)		8,665
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)	$	8,986		$	9,900

The accompanying notes are an integral part of these financial statements.

GLOBAL H0LDING INTERNATIONAL

STATEMENTS OF OPERATIONS

FOR THE THREE AND NINE MONTH PERIODS ENDING AUGUST 31, 2015 AND

AUGUST 31, 2014 (Unaudited)




	3 Months			3 Months			9 Months			9 Months
	Ended			Ended			Ended			Ended
	8/31/2015			8/31/2014			8/31/2015			8/31/2014

OPERATING EXPENSES
General & Administrative Expenses	$	11,489		$	-		$	98,992		$	-
Total Operating Expenses		11,489			-			98,992			-

LOSS FROM OPERATIONS		11,489			-			98,992			-

OTHER INCOME (EXPENSE)								-			-
Interest Expense		499			-			1,177			-
Total Other Income (Expense)		499			-			1,177			-

NET LOSS	$	11,988		$	-		$	100,169		$	-

Weighted Average Number of		17,178,478			10,000,000			17,178,478			10,000,000
Common Shares Outstanding-
Basic and Fully Diluted

Net Income (Loss) Per Share	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)
Basic and Fully Diluted

The accompanying notes are an integral part of these financial statements.

GLOBAL HOLDING INTERNATIONAL

STATEMENT OF SHAREHOLDERS' EQUITY (DEFICIT)

FOR THE PERIOD FROM MARCH 28, 2014 (INCEPTION) THROUGH AUGUST 31, 2015 (UNAUDITED)

	COMMON STOCK				ADDITIONAL PAID IN		ACCUMLATED			SUB			TOTAL SHAREHOLDERS' EQUITY
	Shares		Amount		CAPITAL		DEFICIT			RECEIVABLE			(DEFICIT)
March 28, 2014 (Inception)		-	$	-	$	-	$	-			-		$	-
Founders Share for
Cash		10,000,000		10,000		-		-			-			10,000
Net Loss		-		-		-		(1,335	)		-			(1,335	)
Balance November 30, 2014		10,000,000	$	10,000	$	-	$	(1,335	)		-		$	8,665
Related Party Capital Contribution		-		-		57,458		-						57,458
Net Loss		-		-		-		(88,181	)		-			(88,181	)
Balance May 31, 2015		10,000,000	$	10,000	$	57,458		(89,516	)		-			(22,058	)
Stock Sold for Cash		8,000,000		8,000		-		-			(680	)		7,320
Additional Paid-In Capital		-		-		-		-			-
Net Loss		-		-		-		(11,988	)		-			(11,988	)
Balance August 31, 2015		18,000,000		18,000		57,458		(101,504	)		(680	)		(26,726	)

The accompanying notes are an integral part of these financial statements

GLOBAL HOLDING INTERNATIONAL

STATEMENTS OF CASH FLOWS

FOR THE NINE MONTH PERIODS ENDED AUGUST 31, 2015 AND AUGUST 31, 2014

(UNAUDITED)


	9 Months			9 Months
	Ended			Ended
	8/31/2015			8/31/2014
OPERATION ACTIVITIES
Net Income (Loss)	$	(100,169	)	$	-
Adjustment to Reconcile Net Income
To Net Cash Provided by Operations
Prepaid Exp.		900			-
Accrued Interest Payable		1,177			-
Net Cash Used For Operating Activities		(98,092	)		-

INVESTING ACTIVITIES
Cash Used For Investing Activities		-			-

FINANACING ACTIVITIES
Loan From Shareholder		33,300			-
Proceeds From Sale of Stock		7,320			-
Related Party Contribution		57,458			-
Cash Provided By Financing Activities		(98,078	)		-

NET CASH DECREASE FOR PERIOD		(14	)		-
Cash at Beginning of Period		8,800			-
Cash at End of Period	$	8,786		$	-

NON CASH TRANSACTION
Stock Issued For Subscription Receivable		680			10,000

The accompanying notes are an integral part of these financial statements.

GLOBAL HOLDING INTERNATIONAL

NOTES TO THE FINANCIAL STATEMENTS

AT NOVEMBER 30, 2014 AND AUGUST 31, 2015

(UNAUDITED)

Note 1 – Nature of Business and Significant Accounting Policies

Nature of Business

Global Holding International ("the Company", "Global") was incorporated in the state of Nevada on March 28, 2014 ("Inception"). The Company was formed to develop, market, and sell a handheld water filtration system. The Company will market the product named Hydra Pitcher through traditional sales methods.

These statements reflect all adjustments, consisting of normal recurring adjustments, which in the opinion of management are necessary for fair presentation of the information contained therein.

Company has adopted a fiscal year-end of November 30.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents

We maintain cash balances in non-interest-bearing accounts, which do not currently exceed federally insured limits. For the purpose of the statements of cash flows, all highly liquid investments with an original maturity of three months or less are considered to be cash equivalents. There are no cash equivalents as of August 31, 2015 or November 30, 2014.

Fair Value of Financial Instruments

Under FASB ASC 820-10-05, the Financial Accounting Standards Board establishes a framework for measuring fair value in generally accepted accounting principles and expands disclosures about fair value measurements. This Statement reaffirms that fair value is the relevant measurement attribute. The adoption of this standard did not have a material effect on the Company's financial statements as reflected herein. The carrying amounts of cash, prepaid expenses and accrued expenses reported on the balance sheet are estimated by management to approximate fair value primarily due to the short term nature of the instruments. The Company had no items that required fair value measurement on a recurring basis.

Basic and Diluted Loss Per Share

The basic net loss per common share is computed by dividing the net loss by the weighted average number of common shares outstanding. Diluted net loss per common share is computed by dividing the net loss adjusted on an "as if converted" basis, by the weighted average number of common shares outstanding plus potential dilutive securities. For the periods presented, there were no outstanding potential common stock equivalents and therefore basic and diluted earnings per share result in the same figure.

Stock-Based Compensation

The Company adopted FASB guidance on stock based compensation upon inception at March 28, 2014. Under FASB ASC 718-10-30-2, all share-based payments to employees, including grants of employee stock options, to be recognized in the income statement based on their fair values. Pro forma disclosure is no longer an alternative. The Company has not had any stock or stock options issued for services.

Revenue Recognition

Revenue recognition occurs at the time of sale of merchandise to Global's customers, in compliance with FASB ASC 605, "Revenue Recognition". Sales include the sale of merchandise through direct sales generated by cold calling marketing efforts and the Company's web sit, net of sales taxes collected and net of estimated customer returns. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company will allow customers to return merchandise under most circumstances.

Advertising and Promotion

All costs associated with advertising and promoting products are expensed as incurred. There were no advertising or promotional expenses during the period from March 28, 2014 (inception) to August 31, 2015.

Income Taxes

Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. A valuation allowance is provided for significant deferred tax assets when it is more likely than not, that such asset will not be recovered through future operations.

Uncertain Tax Positions

In accordance with ASC 740, "Income Taxes" ("ASC 740"), the Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be capable of withstanding examination by the taxing authorities based on the technical merits of the position. These standards prescribe a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. These standards also provide guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition.

Various taxing authorities periodically audit the Company's income tax returns. These audits include questions regarding the Company's tax filing positions, including the timing and amount of deductions and the allocation of income to various tax jurisdictions. In evaluating the exposures connected with these various tax filing positions, including state and local taxes, the Company records allowances for probable exposures. A number of years may elapse before a particular matter, for which an allowance has been established, is audited and fully resolved. The Company has not yet undergone an examination by any taxing authorities.

The assessment of the Company's tax position relies on the judgment of management to estimate the exposures associated with the Company's various filing positions.

Recently Issued Accounting Pronouncements

In November 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update No. 2014-16—Derivatives and Hedging (Topic 815): Determining Whether the Host Contract in a Hybrid Financial Instrument Issued in the Form of a Share Is More Akin to Debt or to Equity (a consensus of the FASB Emerging Issues Task Force). The amendments in this Update do not change the current criteria in GAAP for determining when separation of certain embedded derivative features in a hybrid financial instrument is required. That is, an entity will continue to evaluate whether the economic characteristics and risks of the embedded derivative feature are clearly and closely related to those of the host contract, among other relevant criteria. The amendments clarify how current GAAP should be interpreted in evaluating the economic characteristics and risks of a host contract in a hybrid financial instrument that is issued in the form of a share. The effects of initially adopting the amendments in this Update should be applied on a modified retrospective basis to existing hybrid financial instruments issued in the form of a share as of the beginning of the fiscal year for which the amendments are effective. Retrospective application is permitted to all relevant prior periods.

In November 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update No. 2014-17—Business Combinations (Topic 805): Pushdown Accounting (a consensus of the FASB Emerging Issues Task Force). The amendments in this Update provide an acquired entity with an option to apply pushdown accounting in its separate financial statements upon occurrence of an event in which an acquirer obtains control of the acquired entity. The amendments in this Update are effective on November 18, 2014. After the effective date, an acquired entity can make an election to apply the guidance to future change-in-control events or to its most recent change-in-control event. However, if the financial statements for the period in which the most recent change-in-control event occurred already have been issued or made available to be issued, the application of this guidance would be a change in accounting principle.

In August 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update No. 2014-15, Presentation of Financial Statements – Going Concerns (Subtopic 205-40): Disclosures of Uncertainties about an Entity's Ability to Continue as a Going Concern. The amendments require management to assess an entity's ability to continue as a going concern by incorporating and expanding upon certain principles that are currently in U.S. auditing standards. Specifically, the amendments (1) provide a definition of the term substantial doubt, (2) require an evaluation every reporting period including interim periods, (3) provide principles for considering the mitigating effect of management's plans, (4) require certain disclosures when substantial doubt is alleviated as a result of consideration of management's plans, (5) require an express statement and other disclosures when substantial doubt is not alleviated, and (6) require an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). The amendments in this Update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted.

In June 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-12, Compensation – Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period. The new guidance requires that share-based compensation that require a specific performance target to be achieved in order for employees to become eligible to vest in the awards and that could be achieved after an employee completes the requisite service period be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant-date fair value of the award. Compensation costs should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. If the performance target becomes probable of being achieved before the end of the requisite service period, the remaining unrecognized compensation cost should be recognized prospectively over the remaining requisite service period. The total amount of compensation cost recognized during and after the requisite service period should reflect the number of awards that are expected to vest and should be adjusted to reflect those awards that ultimately vest. The requisite service period ends when the employee can cease rendering service and still be eligible to vest in the award if the performance target is achieved. This new guidance is effective for fiscal years and interim periods within those years beginning after December 15, 2015. Early adoption is permitted. Entities may apply the amendments in this Update either (a) prospectively to all awards granted or modified after the effective date or (b) retrospectively to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented in the financial statements and to all new or modified awards thereafter. The adoption of ASU 2014-12 is not expected to have a material impact on our financial position or results of operations.

In June 2014, the FASB issued ASU No. 2014-10: Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation , to improve financial reporting by reducing the cost and complexity associated with the incremental reporting requirements of development stage entities. The amendments in this update remove all incremental financial reporting requirements from U.S. GAAP for development stage entities, thereby improving financial reporting by eliminating the cost and complexity associated with providing that information. The amendments in this Update also eliminate an exception provided to development stage entities in Topic 810, Consolidation, for determining whether an entity is a variable interest entity on the basis of the amount of investment equity that is at risk. The amendments to eliminate that exception simplify U.S. GAAP by reducing avoidable complexity in existing accounting literature and improve the relevance of information provided to financial statement users by requiring the application of the same consolidation guidance by all reporting entities. The elimination of the exception may change the consolidation analysis, consolidation decision, and disclosure requirements for a reporting entity that has an interest in an entity in the development stage. The amendments related to the elimination of inception-to-date information and the other remaining disclosure requirements of Topic 915 should be applied retrospectively except for the clarification to Topic 275, which shall be applied prospectively. For public companies, those amendments are effective for annual reporting periods beginning after December 15, 2014, and interim periods therein. Early adoption is permitted. The adoption of ASU 2014-10 is not expected to have a material impact on our financial position or results of operations.

Note 2 – Going Concern

As shown in the accompanying financial statements, the Company has incurred net losses from operations resulting in an accumulated deficit of $101,504 as of August 31, 2015. These factors raise substantial doubt about the Company's ability to continue as a going concern. Management is actively pursuing its business plan in an effort to begin to realize revenues. In addition, the Company is currently seeking additional sources of capital to fund short term operations. The Company, however, is dependent upon its ability to secure equity and/or debt financing and there are no assurances that the Company will be successful, therefore, without sufficient financing it would be unlikely for the Company to continue as a going concern.

The financial statements do not include any adjustments that might result from the outcome of any uncertainty as to the Company's ability to continue as a going concern. The financial statements also do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

Note 3 – Related Party

1. On March 29, 2014, the Company sold 10,000,000 founder's shares at the par value of $0.001 in exchange for proceeds of $10,000 from the Company's founder and CEO, of which $10,000 was received on November 20, 2014.

2, The Company's founder and CEO loaned the company $8,000 on December 24, 2014, $10,000 on February 17, 2015, $10,000 on April 15, 2015, $5,000 on April 24, 2015 and $300 on June 15, 2015, totaling $33,300. The funds were loaned per a Note due on December 15, 2015 drawing interest at 6 % per year.

3. Velara Inc, a related company owned by Grace Hung-Sjauta wife of Bernard Sjauta contributed capital to the Company of $57,458. This has been recorded as additional paid in capital.

4. Global Holding International has a one year lease agreement for office space with Velara Inc. The sole officer and director of Velara Inc. is Grace Hung-Sjauta who is the wife of Bernard Sjauta, on March 10, 2015 Grace Hung-Sjauta was appointed to the position of Secretary, Treasurer, and Director of Global Holding International.

Note 4 – Fair Value of Financial Instruments

The Company adopted FASB ASC 820-10 upon inception at March 28, 2014. Under FASB ASC 820-10-5, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). The standard outlines a valuation framework and creates a fair value hierarchy in order to increase the consistency and comparability of fair value measurements and the related disclosures. Under GAAP, certain assets and liabilities must be measured at fair value, and FASB ASC 820-10-50 details the disclosures that are required for items measured at fair value.

The Company doesn't have any financial instruments that must be measured under the new fair value standard. The Company's financial assets and liabilities are measured using inputs from the three levels of the fair value hierarchy. The three levels are as follows:

Level 1 - Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. The fair value of the Company's cash is based on quoted prices and therefore classified as Level 1.

Level 2 - Inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs).

Level 3 - Unobservable inputs that reflect our assumptions about the assumptions that market participants would use in pricing the asset or liability.

Cash, accounts receivable, accounts payable, promissory notes, convertible notes and accrued expenses reported on the balance sheet are estimated by management to approximate fair market value due to their short term nature.

The following table presents assets and liabilities that were measured and recognized at fair value as of August 31, 2015 on a recurring basis:

Total

Realized

Description

Level 1

Level 2

Level 3

Loss

Total

The following table presents assets and liabilities that were measured and recognized at fair value as of November 30, 2014 on a recurring basis:

Total

Realized

Description

Level 1

Level 2

Level 3

Loss

Total

Note 5 – Shareholder's Equity

On March 28, 2014, the founder of the Company established 73,999,999 authorized shares of $0.001 par value common stock. Additionally, the Company's founder established 99,999 authorized shares of $0.001 par value preferred stock.

Common Stock

On March 29, 2014, the Company sold 10,000,000 founder's shares at the par value of $0.001 in exchange for proceeds of $10,000 from the Company's founder and CEO, of which $10,000 was received on November 20, 2014.

In June and July of 2015 the Company sold 8,000,000 shares at the par value of $0.001 per share for $8,000 to 31 new shareholders. At August 31, 2015 $680.00 of the cash was not received and is recorded as a subscription receivable.

Note 6 – Subsequent Events

There were no subsequent events requiring disclosure through the date the financial Statements were issued.

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations.

Organization

Global Holding International ("the Company", "Global") was incorporated in the state of Nevada on March 28, 2014 ("Inception"). The Company was formed to develop, to market and sell a handheld water filtration system. The Company will market the product named Hydra Pitcher and through traditional sales methods.

Liquidity and Capital Resources

As of August 31, 2015, we had assets of $8,986 including cash balance of $8,786, and prepaid rent balance of $200. We have accounts payable of $1,235 and accrued interest of $1,177. Bernard Sjauta has advanced funds totaling $33,300 to pay our on-going expenses. Bernard Sjauta is prepared to advance us additional funds as needed. The funds are to be repaid on December 15, 2015. Since inception we have raised $17,320 from the sale of our common stock. Velara Inc, a related company, owned by Grace Hung-Sjauta wife of Bernard Sjauta contributed to the company $57,458. This has been recorded as additional paid in capital.

We believe our ability to achieve commercial success and continued growth will be dependent upon our continued access to capital either through additional sale of our equity or cash generated from operations. We will seek to obtain additional working capital through the sale of our securities. We will attempt to obtain additional capital through bank lines of credit; however, we have no agreements or understandings with third parties at this time.

Results of Operations

There have been no sales since inception (March 28, 2014) through August 31, 2015. For the nine months ended August 31, 2015 our operating expenses were $98,992, interest expense of $1,177, leaving a net loss of $100,169. We are in our first full year of operation so we have no prior period for comparison.

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

Not Applicable.

Item 4. Controls and Procedures.

Evaluation of Disclosure Controls and Procedures

We carried out an evaluation, under the supervision and with the participation of our management, including our principal executive officer, of the effectiveness of our disclosure controls and procedures (as defined in Exchange Act Rules 13a – 15(c) and 15d – 15(e)). Based upon that evaluation, our principal executive officer concluded that, as of the end of the period covered in this report, our disclosure controls and procedures were not effective to ensure that information required to be disclosed in reports filed under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the required time periods and is accumulated and communicated to our management, including our principal executive officer, as appropriate to allow timely decisions regarding required disclosure.

Inherent Limitations of Internal Controls

Our Principal Executive Officer does not expect that our disclosure controls or internal controls will prevent all error and all fraud. Although our disclosure controls and procedures were designed to provide reasonable assurance of achieving their objectives, a control system, no matter how well conceived and operated, can provide only reasonable, not absolute assurance that the objectives of the system are met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented if there exists in an individual a desire to do so. There can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.

Changes in Internal Control over Financial Reporting

There were no changes in our internal control over financial reporting, other than those stated above, during our most recent quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II—OTHER INFORMATION

Item 1. Legal Proceedings.

None.

Item 1A. Risk Factors.

Not applicable.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

In the period from March 28, 2014 (Inception) through August 31, 2015, the Company sold 18,000,000 shares of common stock to 32 shareholders for cash of $17,320. The Company relied upon the exemption from registration under the Securities Act set forth in Section 4(2), a transaction by an issuer not involving a public offering.

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Mine Safety Disclosures.

Not applicable.

Item 5. Other Information.

Item 6. Exhibits.

(a)	The following exhibits are filed with this report.

31.1 Certification by Chief Executive Officer pursuant to Sarbanes Oxley Section 302.

31.2 Certification by Chief Financial Officer pursuant to Sarbanes Oxley Section 302.

32.l Certification by Chief Executive Officer pursuant to 18 U.S.C. Section 1350.

32.2 Certification by Chief Financial Officer pursuant to 18 U.S.C. Section 1350.

101 Interactive Data Files

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	GLOBAL HOLDING INTERNATIONAL

Date October 30, 2015	By:	/s/ Bernard Sjauta
		President, Chief Executive Officer, and Director (Principal Executive Officer)
Date October 30, 2015		/s/ Grace Hung-Sjauta
		Secretary, Treasurer, Chief Financial Officer (Principal Financial and Accounting Officer)

Global Holding International 10-Q