Another Uplift at Global RESP Corporation (GRESP) and Global Growth Assets Inc. (GGAI)
TORONTO, April 24, 2014 /CNW/ - Global RESP Corporation (GRESP) and Global Growth Assets Inc. (GGAI) (collectively "Global") are very pleased to announce that, effective today, the terms and conditions imposed by the Ontario Securities Commission (OSC) on July 26, 2012 have been removed. Global has expended considerable time, effort and resources in improving its compliance systems and we now look forward to a period of growth in which we will continue our tradition of always putting the interests of our clients and the children first.
About The Global Educational Trust Plan (GETP)
As of today, the Global Educational Trust Plan (GETP) has over $1 billion in pledged deposits and over $540 million in assets under administration. With over 117,000 children successfully enrolled and more than 30,000 requests for post-secondary education funding for students attending post-secondary institutions in 37 countries worldwide, the GETP has provided over $181 million in education funding. To date, Global has refunded 100% of sales charges (enrollment fees) to eligible beneficiaries paid by subscribers since inception, albeit the refund is discretionary and not guaranteed.
SOURCE: Global RESP Corporation
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