TORONTO, ON--(Marketwired - May 28, 2015) - GoldLand Holdings Company (OTC PINK: GHDC) announces that its Board of Directors unanimously agreed to a 2 year (24 months) hold or a $2.00 common stock price before they can convert any of the control block preferred stock issued.

Mr. John Gwynne Prosser II, Chairman of GoldLand Holdings Company, states, "With the upcoming announcements surrounding our new business model and growth plan, we [the board] felt it is only right to assure the shareholders and investors that we are different from the past management, distinguishing ourselves as we move forward." Prosser II went on to say, "This is an exciting time we are facing and we want the past... to be the past. The company has a solid growth strategy and we don't want anything hanging over us that could potentially disrupt or derail the direction of the company."

GoldLand Holdings Company will be issuing a complete "Board Resolution" that will be signed by all members stating that the preferred stock they issued themselves to take control and remove the past management will not be accepted for conversion unless a 2-year [24-month] period from the date of this release has passed, or until GHDC's common stock trades at least $2.00 per share price.