Global Technologies Group, Inc. (GTGP)

[236T568]

GTGP CEO James Fallacaro makes false and misleading statements in yet another legal document filed with the SEC


1. A Legal Document filed with Florida Secretary of State on July 1, 2004 states that Corinne Fallacaro is founder and Initial President and Director of GTGP:

http://www.sunbiz.org/pdf/60583586.pdf



2. A GTGP SB-2 filed with the SEC in 3/24/05 stated that CORINNE FALLACARO has been President and Chief Executive Officer since inception. James Fallacaro was not mentioned in document.

http://www.sec.gov/Archives/edgar/data/1308841/000119312505059943/dsb2a.htm#txnew17307_21



3. A GTGP 10K filed with the SEC in 9/28/05 stated that CORINNE FALLACARO has been President and Chief Executive Officer since inception. James Fallacaro was not mentioned in document.

http://www.sec.gov/Archives/edgar/data/1308841/000132154305000169/maindoc.htm



4. A GTGP 10K filed with the SEC in 9/27/06 stated that CORINNE FALLACARO has been President, Chief Executive Officer and Director since inception. James Fallacaro was not mentioned in document.

http://www.sec.gov/Archives/edgar/data/1308841/000110801706000663/gm10ksb06.htm




5. A GTGP Proxy Statement (DEF 14C) filed with the SEC in 4/13/07 stated that

Corinne Fallacaro was the majority shareholder and President of the Company prior to the Shareholders Consents. As a majority shareholder, Ms. Fallacaro along with the Company’s CTO, Vice President and Secretary, Christopher Mauritz, elected to take the following actions:

Elect James Fallacaro as Chairman of the Board of Directors, Chief Executive Officer and President

http://www.sec.gov/Archives/edgar/data/1308841/000110801707000255/globaldef14c.htm



6. SO JAMES FALLACARO WAS FIRST ELECTED AS PRESIDENT, CEO AND A DIRECTOR OF GTGP ON 4/13/07 OR THEREABOUTS.


HOWEVER


7. In a GTGP 8-K filed with the SEC in 1/30/08, James Fallacaro claimed:

"James Fallacaro is President, CEO and a Director of the company since inception."

http://www.sec.gov/Archives/edgar/data/1308841/000110801708000060/global8k.htm


8. How can this be? Nowhere was James Fallacaro ever mentioned in any of the legal documents filed with the State of Florida and the SEC as a President, CEO and Director until he was elected 4/13/07. Instead it was his wife, Corinne Fallacaro, that was listed as the first President and Director in the Florida State filings and the SEC filings up to that time.


9. James Fallacaro either made false statements about his involvement in controlling and running GTGP from July 1, 2004 to April 2007, or he falsely stated in the 1/30/08 8K (a legal document) that he was President, CEO and Director of GTGP since inception.


WHAT IS WRONG WITH THIS PICTURE?

What is James Fallacaro hiding that he did not want to use his name in State of Florida and SEC legal documents from 2004 to 2007? (actually from 2001 to 2007 since Fallacaro failed to file financials with the SEC since January 2001 for the public company that he controlled, Falcon Entertainment)