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Friday, October 12, 2012 1:39:02 AM
GTGP has a 50/50 JV with Solucorp for the MBS cement plants and other type of plants other than energy/power plants
that is it
here is the GTGP PR describing the 50/50 JV with Solucorp for cement plants:
http://finance.yahoo.com/news/Global-Technologies-Group-Inc-iw-1931520180.html
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.
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