Global Technologies Group, Inc. (GTGP)

[narnia1000]

10 MONTHS AGO JIM WAS PREPARING YESTERDAY'S PR.

SARASOTA, FL -- 08/24/11 -- Global Technologies Group, Inc. (pinksheets:GTGP) is pleased to announce that, in conjunction with our partner company MSE Technology Associates(WWW.MSE-TA.COM), we have requested follow-on testing of the combined M2 Polymer/MBS new formulated treatment which will concentrate on mercury contaminated soils. Different forms of mercury in varying concentrations will be added to spike the soil for the treatability testing. This testing is specifically designed for the Department of Energy for contaminated river and stream sediments and soil that should benefit from this combination of treatment agents and also uses for this treatment during the deactivation and decommissioning (D & D) phase for specific site clean-up needs, especially for mercury treatment of contaminated soils or sediments during D & D activities at the Oak Ridge National Laboratory(WWW.ORNL.GOV). It should be noted that MSE has completed projects and testing at ORNL and has offices at Oak Ridge.


Just SO MANY things coming together. The business potential for us in OAK RIDGE is huge. Amazingly huge.


"We are pleased that MSE is now including Global in its submissions to the various agencies it currently has contracts with and has paved the way for Global to penetrate the top tier within the government agencies. It has always been part of our business plan to partner with the top companies within the technology field and brings tremendous credentials to Global to be included as a partner and licensee of both M2 and MSE," stated J. Fallacaro, President.

Ummm, that would be CH2M that Jim is talking about. One of the top bioremediation companies in the world, and the one that was awarded the $100 million Naval Contract, AND the $2.2 BILLION contract for the Oak Ridge, TN (Y12) Department of Energy (DOE) project to clean up that enormous mercury mess, among other things.

NOTE: With the DOE contacting GTGP, we (GTGO have effectively penetrated the top tier of government agencies JUST AS JIM SAID WAS A PART OF HIS GLOBAL PLAN.

Jim has been telling all of us ALL ALONG exactly what he was working on, and why he was working on it. He has been clear, and forthright in all things, while remaining flexible to the dynamics of a changing field of battle just as a General at a large, and complex global command center would do.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Now FOR THE THE MERCURY at Y12 (ORNL) (OAK RIDGE, TN):

2 MILLION POUNDS OF MERCURY ARE UNACCOUNTED FOR IN OAK RIDGE, TN

Read this DOE report from 3.5 years ago.
They have not even made a dent in the MESS over there.

http://www.em.doe.gov/PDFs/ETRReport7-31-08-Final.pdf

ABSOLUTELY UNREAL!

Approximately two million pounds of mercury are
unaccounted for at Y-12 and mercury contamination has
been detected in both soils and groundwater.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

NOW FOR THE SUB-CONTRACTING of the BUSINESS at Y12:

UCOR/CH2M HILL took over the project in Aug. of 2011. Bechtel was the original contractor. The contract was re-posted, and re-awarded.

Bechtel has been DOE's environmental manager in Oak Ridge since 1998. The report notes that DOE is concluding Bechtel Jacobs' contract six months ahead of it scheduled expiration date (Dec. 31, 2011) "due to ongoing performance issues."

They have been working on this project in Oak Ridge TN since it began in 2004. The project is expected to continue through 2016. It was mile-long facility, which was the world's largest building under one roof at the time of its construction during the World War II Manhattan Project; and hazards associated with the degraded condition of the 65-year-old structure.

In only six year they had already spent $717 million on this project, and now this new award to hopefully complete the demolition is for $2.2 billion.

There are huge issues with contaminated groundwater there that MSE, and M2 have been working on already.

Here is MSE's address in Oak Ridge, TN:

MSE Technology Applications Inc
[phone]
679 Emory Valley Rd, Oak Ridge, TN 37830


Sixty percent of the $2.2 Billion contract award work is to be subcontracted by the Contractors, DOE said in its announcement.
(The management team is URS & CH2M HILL)


(FYI CH2M HILL has 23,000 employees, and a couple of Billion in revenue a year.)

http://blogs.knoxnews.com/munger/2011/04/urs-ch2m-hill-team-wins-oak-ri.html

GTGP will be trading for dollars by the end of 2012 imo.
Flip away, if you like. Nothing wrong with that, but you may do better buying GTGP as an investment, and holding it for a year, or two. Sounds like "walkaway money" is in the forecast.

GLTA

GO GTGP!