Global Vision Holdings, Inc. (OTCBB:GVHI.B) signed a letter of intent to acquire Art Masters, Inc.

Global Vision Holdings, Inc. is a financial holding company that focuses on the investments of environmentally responsible companies. In addition to the parent Company, Global Vision Holdings, Inc. operates four wholly-owned subsidiaries: The Place Media, LLC; Mamma’s Best LLC, Strategic Management Consultants, LLC, and Grocers Direct, LLC. The Place Media, LLC publishes The Place Magazine, a travel and tourist guide highlighting local attractions, entertainment and restaurants to visitors to the San Diego, Orange County and Los Angeles areas. Through Mamma’s Best, LLC, the Company produces and sells food products. Its Mamma’s Best products are available at organic and natural food retail outlets primarily in Southern California. Grocers Direct provides consulting and representation services for emerging natural food brands in the retail market place.