SARASOTA, FL -- (Marketwire) -- 12/20/11 -- Global Technologies Group, Inc. (PINKSHEETS: GTGP) (Global) The company has received numerous calls about the record date and the what that means in terms of a cutoff date for holders of our shares, especially the fact that there is usually a three day clearing on trades made on Friday at close of business the 23rd of December. As we stated, Global will issue the dividend on a share for share basis to all the shareholders of record as of close of business on December 24, 2011. For each share of Global held as of the record date, shareholders will receive one share of Global Technology Holdings, Inc., a company that was formed specifically for the purpose of acquisitions.
Global has ordered the NOBO lists of all shareholders as well as the shareholders list from its transfer agent Pacific Stock Transfer for the effective date of December 24, 2011. We will, if necessary, request an additional NOBO and transfer agent report on Thursday the 29th of December to make sure that shareholders that purchased by close of business on the 23rd will be counted for the dividend in the event the NOBO list does not show the holders who have purchased by the 23rd. Upon receipt, Global will file the appropriate forms with Finra outlining the terms of the dividend distribution. The shares will be sent directly to shareholders of record. There will be no ex-dividend date as the shares are coming directly from the private company as per agreement between our company and Global Technology Holdings, Inc. which means there is no comparison to cash dividends, quarterly dividends or timeframes for a distribution directly from a public company.
Should any shareholder have any additional questions regarding the above, please email with questions and I will get back to you within a day or two, with the exception of Christmas.
We at Global would like to wish all a Happy Holiday and a very Merry Christmas.
Contact
James Fallacaro
Email Contact
941-685-1616
WWW.GLBTECH.COM
SARASOTA, FL -- (Marketwire) -- 12/13/11 -- Global Technologies Group, Inc. (PINKSHEETS: GTGP) (GLOBAL) -- The board of directors of Global have authorized the issuance of a dividend distribution of the common stock of Global Technology Holdings, Inc. to all shareholders of the common stock of Global Technologies Group, Inc. Global will issue the dividend on a share for share basis to all the shareholders of record as of close of business on December 24, 2011. For each share of Global held as of the record date, shareholders will receive one share of Global Technology Holdings, Inc., a company that was formed specifically for the purpose of acquisitions and exclusive licensing of companies in the fields of remediation and sophisticated proven technologies. Global has ordered the NOBO lists of all shareholders as well as the shareholders list from its transfer agent Pacific Stock Transfer for the effective date of December 24, 2011. Upon receipt, Global will file the appropriate forms with Finra outlining the terms of the dividend distribution. "We feel that it is in the best interest of our shareholders to issue the dividend in advance of any pending acquisition and to let them know the structure of the distribution," stated James Fallacaro, President
SARASOTA, FL -- (Marketwire) -- 10/31/11 -- Global Technologies Group, Inc. (PINKSHEETS: GTGP) (Global), its partner company MSE Technology Applications (MSE) and the personnel from the plant have concluded the final technical discussions for the retrofit and implementation of the MBS technology for the removal of mercury from the emissions and for the disposal of the mercury treated wastes. Global and MSE have identified the procedures to be put into place that will benefit not only our company but it will also reduce the cost of disposal for the plants as well by rendering the waste nonhazardous for disposal at a regular waste site. This process will enable cement plants to meet the new EPA regulations that state all cement plants in this country must meet the new standards no later than 2013 or be shut down. The cement plant we are dealing with has agreed to the following:
It is sending MSE the mercury saturated material for testing to determine the appropriate mixture of MBS to render the material nonhazardous and meet the EPA requirements... Once the proper mixture is established, MSE and Global will proceed with a full live run at the plant itself. This project and all others in this industry will give Global long term contracts as it will need the technology and the MBS chemicals on a continuous basis for the life of the plants. "I now believe that this will be the benchmark for all cement plants in this country. It should be noted that MBS has been successfully tested in a large commercial power plant and was successful in removing Mercury from flue gasses to meet the EPA guidelines. To that end, our licensor was paid 2.1 million dollars for the specific use of MBS in power plants alone," stated James Fallacaro, President.
For additional information on MSE, MBS, M2and please visit our website at WWW.GLBTECH.COM.
Global Technologies Group, Inc. (GLOBAL) is a company that is in the business of acquiring exclusive licenses and distribution and reseller contracts on proven technologies in the environmental, green and war fighter industries. The criteria for the licensing or distribution agreements of the technologies are: they must be proven, validated and in use. The business plan of Global is to sublicense the technologies it acquires to companies in Countries covered under the original license grants and for its own use. For our exclusive distribution and reseller agreements, we partner with appropriate representatives in the covered countries for resale of turn key projects.
Contact
Global Technologies Group, Inc.
Email Contact
941-685-1616
WWW.GLBTECH.COM
SARASOTA, FL -- (Marketwire) -- 10/17/11 -- Global Technologies Group, Inc. (PINKSHEETS: GTGP) reports full status update of the company's pending contracts, ventures and questions from shareholders.
UPDATES:
The cement plant retrofit for removal of mercury from Flu gas:
Global, its partner company MSE Technology Applications (MSE) and the personnel from the plant will have the final technical discussions scheduled for this week. Upon conclusion of the discussions, Global and MSE will make arrangements for a trip to the facility to review the plans for the retrofit of the facility. This is an important step for Global as if it is completed and successful, it will be the benchmark for all cement plants in this country. It should be noted that MBS has been successfully tested in a large commercial power plant and was successful in removing Mercury from flu gasses.
Army contract:
Global and MSE have been asked to prepare a cost analysis and the environmental impact of utilizing MBS /M2 as opposed to capping hazardous waste, which we begin next week depending on the information needed to do assessment.
Naval Contract Award:
Global and MSE have been contacted by the Navy department regarding the 100 million dollar remediation contract and have been told that they are still reviewing the proposals and did not give us a time frame yet. They are running behind as the award date was supposed to be September 19, 2011. We are confident when the contract proposals are complete that both MSE and Global will be participating as the companies in the proposal submissions that would be chosen are companies that both MSE and M2 polymer have current contracts with or have worked with them in the past.
Waste Management Conference:
We will be placing the written technical paper on our website that will be presented to the Waste Management Conference upon its completion. It should be noted that the committee for review has placed the presentation by MSE of the new technology developed by Global/ M2 Polymer at the forefront of the conference.
New business:
We have been in negotiations for sub licenses with two companies in two different countries: One for the MSE technologies and one for the MBS technology. We feel that we are at a point where we are confident they will close within four weeks.
Creation of Sub:
We have had many calls regarding the sub we formed and our intentions for it.
The sub company is Global Technology Holdings, Inc. We had disclosed that formation in the past. It was created to be the vehicle that would handle acquisitions and funding. It was in our interest to do so as, in our opinion, no Investment Banker of any substance would fund an acquisition of any size with a small publicly traded company. The benefits of the new sub would be twofold: To allow the Investment Banker to fund it by way of a Private Placement and then a selling shareholder registration statement. In addition, it would allow that company to issue the balance of the percentage to Global Shareholders in the amount of equity held. If Global was to receive all the shares remaining from the placement, it would be deemed to be and insider or full control and therefore the shares would become restricted. Therefore, this was a way for Global and its shareholders to participate directly in the selling shareholder registration. It should be noted that in either event, the percentage that Global would own directly as a company will still be classified as an insider and may still be classified as control predicated on its equity percentage as well as James Fallacaro, President.
Financials
We have filed the 10K and the 10Q for the year 2007 and are still awaiting comment regarding the correctness and changes that were made. We are waiting for the response and as of Friday have not received any written directives.
As discussed in a previous release, Global will not comment on the potential acquisition until both companies have reached a final determination for a closing.
For additional information on MSE, MBS, M2 and please visit our website at WWW.GLBTECH.COM
Global Technologies Group, Inc. (GLOBAL) is a company that is in the business of acquiring exclusive licenses and distribution and reseller contracts on proven technologies in the environmental, green and war fighter industries. The criteria for the licensing or distribution agreements of the technologies are: they must be proven, validated and in use. The business plan of Global is to sublicense the technologies it acquires to companies in Countries covered under the original license grants and for its own use. For our exclusive distribution and reseller agreements, we partner with appropriate representatives in the covered countries for resale of turn key projects.
ContactGlobal Technologies Group, Inc.
Email Contact
941-685-1616
SARASOTA, FL -- (Marketwire) -- 07/20/11 -- Global Technologies Group, Inc. (PINKSHEETS: GTGP) Global is pleased to announce that negotiations with the U.S. military through its agent, retired Colonel Sandy Pogue, to infuse the IFS-2c technology for mercury and other metals remediation systems into working power plants located at Forts Hood and Fort Bliss in order to document the cost effectiveness associated with mercury removal from coal burning power plants stacks and reconfirm the remediation of the contaminated ash by-product. The process to integrate the system into the power plants has already been approved by the Council of Colonels at (Fort Hood), and the Army 3rd Core. Final approval is currently in the hands of Forscom Headquarters. Colonel Pouge has already informed us that Preferred Customer listings with all the branches of the Military are being activated and all energy related products and processes will be attributed to Global and its joint venture partner East Morgan Holdings, Inc.
"As one of the many uses for the MBS/IFS-2c technologies Global has been exploring and pursuing, we continue to expand the range of both government and military opportunities available for our technology. This confirmation from the military is another step in executing our business plan," said James Fallacaro, President.
Additional updates for the Navy Contracts, Sawgrass project and the cement plant negotiations discussed in previous press releases will be released in the very near term.
For additional information on MSE, MBS, M2 and EMHI please visit our website at WWW.GLBTECH.COM
Global Technologies Group, Inc. (GLOBAL) is a company that is in the business of acquiring exclusive licenses and distribution and reseller contracts on proven technologies in the environmental, green and war fighter industries. The criteria for the licensing or distribution agreements of the technologies are: they must be proven, validated and in use. The business plan of Global is to sublicense the technologies it acquires to companies in Countries covered under the original license grants and for its own use. For our exclusive distribution and reseller agreements, we partner with appropriate representatives in the covered countries for resale of turn key projects.
Contact
James Fallacaro
Email Contact
941-685-1616
WWW.GLBTECH.COM
SARASOTA, FL -- (Marketwire) -- 07/13/11 -- Global Technologies Group, Inc. (PINKSHEETS: GTGP) Global and its partner companies have reviewed, over the last few weeks, the solicitation program for remediation projects and evaluated all "interested parties" submissions. As the submissions are for any company that has the appropriate Department of Defense validation codes and clearances in specific areas of technology and for most large projects that do not have the ability to cover all types of remediation, they will need to utilize sub-contractors for specific remediation treatment uses. The major companies that are in this list will act as the general contractors.
We have found that several of the largest "interested parties" are companies that have been or are currently working on projects with and have direct relationships with M2 Polymer and MSE Technologies.
In reviewing Globals strategy, the group has decided it is in their best business interests to send the compiled information on Global, M2 and MSE to the companies that we have ongoing relationships with. This strategy enables us to bypass the normal solicitation as a standalone general contractor and deal specifically on the technologies controlled by us and allows us to deal directly with the companies in advance of the contract awards.
As our group has the most outstanding technologies in most areas of remediation, hazardous and low level nuclear waste with previous and ongoing projects with the department of Defense, Department Of Energy and all the necessary clearances for work to be done on sensitive restricted sites, we feel confident that we will be part of any projects awarded. This same strategy will also apply in the event there are several companies chosen for various projects within the scope of the submission.
We will be providing updates on the status of our plan with the companies as it unfolds.
Global Technologies Group, Inc. (GLOBAL) is a company that is in the business of acquiring exclusive licenses and distribution and reseller contracts on proven technologies in the environmental, green and war fighter industries. The criteria for the licensing or distribution agreements of the technologies are: they must be proven, validated and in use. The business plan of Global is to sublicense the technologies it acquires to companies in countries covered under the original license grants and for its own use. For our exclusive distribution and reseller agreements, we partner with appropriate representatives in the covered countries for resale of turn-key projects.
Contact
Email Contact
941-685-1616
WWW.GLBTECH.COM
May 23, 2011 (Marketwire) --
SARASOTA, FL -- (Marketwire) -- 05/23/11 -- Global Technologies Group, Inc. (PINKSHEETS: GTGP) has completed three Joint Venture agreements with its licensors and partners related to the following:
A Joint Venture with M2 Polymer, its licensor covering the new validated use of the combined MBS and M2 process for all uses for the single application of the mixture for dewatering and heavy metals remediation. The terms of the Joint Venture are that Global and M2 have agreed to split 50/50 percent of the net profits on all projects requiring that specific use.
Global and Solucorp Industries, its licensor for the MBS technology for heavy metals remediation, has agreed to a Joint Venture for that specific use of the new mixture of MBS/M2 for all types of projects not covered under the original exclusive license grant and it will be 50 percent of net proceeds received by Global. Global's original license is for Brown Fields designated lands, Superfunds, reclamation and redevelopment.
A second Joint Venture agreement with Solucorp covers all applications of the MBS technology use with the exclusion of energy related projects. This JV will give Solucorp 50% of the net proceeds for any projects incorporating the MBS technology and does not affect the original exclusive license agreement Global was issued.
"With the addition of the East Morgan Holdings (EMHI) agreement for the IFS technologies, it gives Global a tremendous extension of depth and reach in the fields of remediation and in the treatment of heavy metals in other industries as well. It should be noted that Global has the exclusive distribution, reseller and purchasing agent agreements with M2 and MSE technology Applications as well," stated Jim Fallacaro, President.
For additional information on MSE, MBS, M2 and EMHI please visit our website at WWW.GLBTECH.COM
Global Technologies Group, Inc. (GLOBAL) is a company that is in the business of acquiring exclusive licenses and distribution and reseller contracts on proven technologies in the environmental, green and war fighter industries. The criteria for the licensing or distribution agreements of the technologies are: they must be proven, validated and in use. The business plan of Global is to sublicense the technologies it acquires to companies in Countries covered under the original license grants and for its own use. For our exclusive distribution and reseller agreements, we partner with appropriate representatives in the covered countries for resale of turn key projects.
Contact
James Fallacaro
Email Contact
WWW.GLBTECH.COM
Mar. 29, 2011 (Marketwire) --
SARASOTA, FL -- (Marketwire) -- 03/29/11 -- Global Technologies Group, Inc. (PINKSHEETS: GTGP) has received verification and final validation from MSE Technologies Applications on the successful completion of testing on dual use treatability of contaminated soils with combination of MBS and M2 Polymer technologies.
The final optimum percentages were calculated and the dual treatment final testing for TCLP was initiated. The application of the proper mixtures was added to the spiked baseline soil samples and was submitted for TCLP analysis on March 11, 2011. On March 28, 2011, Global and M2 were notified that the TCLP results of the combination of both chemicals used can definitely perform simultaneous treatment on heavy metals for dewatering and remediation.
"This important final verification of the dual use formulation which encompasses two EPA proven technologies will enable both companies to penetrate a substantial government and private sector market which will uniquely enable us to take advantage of the combined technologies for major remediation projects and enable each company to expand their penetration of both heavy metal and dewatering cleanup capabilities. To my knowledge, this new treatment represents the first time a polymer compound and the MBS chemical combination have been tested successfully and is the first combined formulation to be used for heavy metal/dewatering remediation," said James Fallacaro, President.
GLOBAL is a company that is in the business of acquiring exclusive licenses and distribution and reseller contracts on proven technologies in the environmental, green and war fighter industries. The criteria for the licensing or distribution agreements of the technologies are: they must be proven, validated and in use. The business plan of Global is to sublicense the technologies it acquires to companies in geographic regions covered under the original license grant and in exclusive distribution and reseller agreements, to place with appropriate representatives in the covered countries for resale of turn key projects.
The MBS license, granted to Global, is for Solucorp Industries Patented MBS technology a process for remediating soils containing heavy metals and rendering them non leachable instantly. It was tested by EPA and also Brookhaven National labs and met all requirements for use. The license granted is for North America, South and Central America, Canada and Russia a may be extended to other territories.
For further information:
WWW.GLBTECH.COM
Contact:
James Fallacaro
Email Contact
941-685-1616

