GoldLand Holdings Company (OTC PINK: GHDC) announces that it has formed its first wholly owned subsidiary, Goldland Gaming Corporation, in preparation of the upcoming release of its new business plan and model.

Mr. John Gwynne Prosser II, Chariman, said, "We are so excited to be at this point in such a short period of time. We [GHDC] have formed a wholly owned subsidiary, which is registered in Las Vegas, Nevada. All our existing casino and gaming holdings formed by the past management will be transferred immediately into the control of this new company for further evaluation." Mr. Prosser II went on to say "Effective immediately, we [GHDC] are looking to the future and any existing agreement to do with casinos or properties will be controlled at the division level and not the corporate level."