Global Technologies Group, Inc. (GTGP)

[narnia1000]

"These are all successful businessmen from Jim Fallacaro's community. They know him, and are willing to associate their names with his company. I like what I'm seeing with J3."

Yes, some nice new developments for J3, and we do have to wait, and see if Fallacaro will do anything to bring his GTGP company along for the ride. Would not be too difficult, but Fallacaro has to want to bother. Probably the only reason he would bother is because all of his wife's shares would be brought along, and therefore he/they would benefit. That's the only hope as I see it. If Fallacaro takes J3 public, then there would have to be some revenue for the GTGP entity as they have the current rights to the MBS, but MBS is not exactly flying off the shelves. lol
One thing is for certain is that Fallacaro will be richer by the time he is done, and whether we will be is another question entirely. Up to him. If the successful businessmen are aligning themselves with Fallacaro right now, then Fallacaro must have some sort of decent reputation, but they may not be aware of how incompetent he really is.
I am of the opinion that he got behind on his mortgage in a desperate attempt to make J3 fly, and probably got far enough behind on his bills to have his current legal problems, but that will pass. I just wonder if these business associates from his Florida area are aware of Jim's running a public company, but not doing the required filings. Maybe they are aligning themselves with him now because he has given them his grand plan to make all things right with his GTGP fiasco. I cannot imagine that successful people would align themselves with Fallacaro, and J3 without doing a great amount of their own due diligence.
Not many do the right thing anymore, and Jim has a chance to do that. If he looks the other way while he enriches himself, and his family with a public offering of J3, then I hope he crawls in a hole, and dies which is not too far off anyway, given his current age. Thing is, he appears to have screwed Mark Beloyan too, along with his wife/family. With that in mind, I do lean slightly towards a positive resolution to the GTGP mess.

GTGP