[Chartmaster]

Global Technologies, Ltd. Announces Launch of New Corporate Website

Updated Corporate Presentation Included

PARSIPPANY, New Jersey, June 17, 2024 (GLOBE NEWSWIRE) -- Global Technologies, Ltd. (OTC Pink: GTLL) (the “Company”), is pleased to announce that it has launched its newly designed corporate website as of today.

The new corporate website further details the operations of its two subsidiaries, 10 Fold Services, LLC and GOe3, LLC. Amongst the new features the site contains include an interactive Investor section and integrated social media buttons for X (Twitter) and LinkedIn to foster improved communication with our shareholders.

The Company’s corporate presentation can be found on the Investor Overview page. This presentation further details the focus and strategy of each of the Company’s subsidiaries along with their growth opportunities.

The Company will be launching new and revamped versions of the 10 Fold Services and GOe3 websites in the coming weeks.

"We will be constantly updating our content with industry information, articles, blogs, newsletters and company announcements in the News & Events section," said Fredrick Cutcher, CEO of Global Technologies Ltd. "We are proud to have our new corporate website as an informative resource for our shareholders and customers."

About Global Technologies, Ltd.:

Global Technologies, Ltd, based in Parsippany, NJ, is a multi-operational company with a strong desire to drive transformative innovation and sustainable growth across the technology and service sectors, empowering businesses and communities through advanced, scalable solutions that enhance connectivity, efficiency, and environmental stewardship. The Company envisions a future where technology seamlessly integrates into every aspect of life, improving the quality of life and the health of the planet. Our vision is to lead the industries we serve with groundbreaking initiatives that set new standards in innovation, customer experience, and corporate responsibility, thereby creating enduring value for all stakeholders. For further information, please visit the Company’s website at www.globaltechnologiesltd.info. With a diverse portfolio that growth and value to our customers, partners, and shareholders.

Forward-Looking Statements and Disclaimer

Statements made in this press release that express the Company or management's intentions, plans, beliefs, expectations or predictions of future events, are forward-looking statements. The words "believe," "expect," "intend," "estimate," "anticipate," "will" and similar expressions are intended to further identify such forward-looking statements, although not all forward-looking statements contain these identifying words. Those statements are based on many assumptions and are subject to many known and unknown risks, uncertainties and other factors that could cause the Company's actual activities, results or performance to differ materially from those anticipated or projected in such forward-looking statements. The Company cannot guarantee future financial results; levels of activity, performance or achievements and investors should not place undue reliance on the Company's forward-looking statements. No information contained in this press release should be construed as any indication whatsoever of the Company's future financial performance, future revenues or its future stock price. The forward-looking statements contained herein represent the judgment of the Company as of the date of this press release, and the Company expressly disclaims any intent, obligation or undertaking to update or revise such forward-looking statements to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. No information in this press release should be construed as any indication whatsoever of the Company's future revenues or results of operations.

Contact:
Global Technologies, Ltd
[phone]
[e-mail]
https://www.globenewswire.com/newsroom/ti?nf=OTE1NDg1NiM2MzIwMzA3IzUwMDA3MDc2NQ==
https://ml.globenewswire.com/media/ZTY2NDhmYTEtNDgzNi00ZjA0LWI5ZTAtYmEwNzZiY2FkYzE0LTUwMDA3MDc2NQ==/tiny/Global-Technologies-Ltd-.png

Source: Global Technologies, Ltd

© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/GTLL/news/story?e&id=2892269

[Slojab]

You can fool some of the people .........

Eventually, you're found out.

[Sheepdog]

Or these SMALL purchases are just another attempt to scam by pretending the shares have intrinsic value. Just $1,000 to make your other shares worth another $100,000?

[Slojab]

With a new regime, comes new hope. Good luck to those playing this ticker.

[Slojab]

True. I haven't looked but I'd be surprised if Cutcher doesn't have a stake in GTLL with preferred shares. So, it's rather odd to me that he'd be buying such small amounts the way he is. I don't think anyone needs to buy at $.0004. Besides, I'm still waiting to see if they do a R/S or increase the A/S.

His buying may be his way of telling the public that it won't be a R/S. But can anyone really trust an OTC CEO? 🤔

[BadaBingPebble]

Insiders buying is always a good sign, but yes I agree, I'd like to see some real money thrown at it as well. One of the milestones was fulfilled when they got their GSA number, so Bruce only needs (2) more to complete to be the new CEO. Sounds like he is pretty motivated to make that happen.

Fredrick buying does give me some hope for much better days here soon.

[Sheepdog]

Have to admit....Open market purchases are a positive sign. Even for what otherwise appears to be just another scam.

[Slojab]

Another open market purchase of stock yesterday at $.0004. Just 5M shares though which is only $2,000.

https://www.otcmarkets.com/filing/html?id=17577820&guid=yyQ-k6voyJaFJth

He could more than likely have gotten those shares at $.0003 if he had just put in a standing order when he bought the 6.5M shares the day before. Is he trying to get the stock up as cheaply as he can by showing that he's buying stock, albeit in amounts anyone could buy? Or is he just a newbie at playing the OTC?

Let's see $20 or $30K dropped on it, and then people will be impressed.

[Slojab]

Well, here's something you don't see every day in OTCland.

https://www.otcmarkets.com/filing/html?id=17573131&guid=W3Q-kFJLzJ_WJth

It's only $1950 worth, though.

[harr449]

Volume 51M. .0003/.0004.

[TheBurn]

GOe3, LLC Secures GSA Registration, Announces Major Sales Milestone with Tiny-Home Developers

[Slojab]

Press release announcing an 8-K and the 10-Q.

[Colorado5]

8K and 10Q out.

[hondobud]

What's up with the volume this morning?

[Sheepdog]

Nope. because it implies that the money lost in a stock trading is equal to the money made in stock trading. And that is categorically and provably false. The indexes are not flat over the years. But then, the indexes are based on real companies whereas the OTC is mostly comprised of non-businesses.

[Sheepdog]

Not true at all. Total BS. For ONE example, a dividend stock. The OTC is full of "traders" preying upon others and trying desperately to justify their actions.

[Chartmaster]

Isn't this true for all stocks?

[TechnicalBull]

"For you to have "made" it, Someone had to lose it to you",

Just like every other stock out there. ( and i'm not meaning only in OTC)

[Sheepdog]

For you to have "made" it, Someone had to lose it to you....because this company produces/ed nothing. The fact is that this is about again taking money from someone else, right?

[Chartmaster]

I know, I made $125K here in 2021

[Sheepdog]

Says the chartest. LMAO.

But you are right about the OTC being a game of hype and not fundamentals. GTLL is just another scam.

[Boosted2gGSX]

Yes if you followed the court case with the x ceo l, he illegally gave out like 3b shares..which were returned to the company. Then there was an offering in 2022 when tersus was about to come on and accredited investors bought them up around. 0015. Take a look at the fins it's very telling

[okwife]

$GTLL$$$$ WENT to .0350!! feb 2021 did it have all theses shares then?

[Boosted2gGSX]

Look at the run in 20-21 and how many shares traded.. you'll see this does t act like a 14b os

[Boosted2gGSX]

Gtll has a float more around 4-5b with all the l shares and accredited investors having their shares

[Chartmaster]

Looks like .005-.001, here's my OS table

OS Unrestricted Under 1Bill = .03-.05 Target Price
OS Unrestricted 1Bill-10Bill = .01-.03 Target Price
OS Unrestricted 10Bill-20Bill = .005-.01 Target Price
OS Unrestricted 20Bill-40Bill = .0022-.005 Target Price
OS Unrestricted over 40Bill = .0022 Target Price

[Chartmaster]

Doesn't matter, all OTC is a game of hype!

[okwife]

$GTLL $$$$ https://www.otcmarkets.com/stock/GTLL/security 14BILLION O/S?? HOW HIGH .005???
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174166431

[Sheepdog]

Yep....this Company says, in it's last financial statement, that it owns $22.2M in intellectual property as its assets. That consists of 2 abandoned 10 year old Patent APPLICATIONS that are WORTHLESS.

Typical ongoing scam.

[Chartmaster]

Wow! Volume B4 Price!!! Sale has closed!

[Sheepdog]

It's just a scam. Assets: Intellectual property 22,200,000 -- Liabilities: Notes payable to related Parties 22,200,000.

This will never make a dollar....but if it does, that dollar goes to the "related parties". This is vintage Anderson scam stuff.
.

[OBE]

How-can-a-company do SO MUCH business with such-a-low PPS?

I've been watching your exchanges over on IGPK.
I think they over-do the criticism of tech.
It's not completely without relevance, as they say.

I would PM my sympathies but I cancelled my PAID subscription to iHUB years ago!
I, myself, do watch my stocks on charts.
It's just been my experience that it doesn't work AS WELL on the OTC.

But what da hell is it with this GTLL?
I was in it since 2014 and I made a killing but it was purely a lotto play for me. $142 invested in 1M shares
I got a few million GTLLs now, just to see if lightning will strike twice.
I figure this guy did it BEFORE he might just do it AGAIN!
How's THAT for a trading philosophy? LOL

[Slojab]

Foxx Trot Tango, LLC (“Foxx Trot”) was formed as a Wyoming limited liability company on February 3, 2022. Foxx Trot was acquired through a membership interest purchase agreement on July 25, 2023. Foxx Trot is the owner of a commercial building in Sylvester, GA. The Company intends on utilizing Foxx Trot for the purchase of additional parcels of real estate.

They bought the Sylvester, Ga property in '22 for $2.5M and sold it this year for $3,638,750.

[backyards]

I see they acquired it (Fox Trot Tango) but can't find what it does?

[Slojab]

One of it's non-revenue producing subsidiaries.

About 10 Fold Services, LLC

10 Fold Services, LLC (“10 Fold”) was formed as a Wyoming limited liability company on November 22, 2023. 10 Fold will serve as the Company’s customer relationship and sales management subsidiary.

On November 23, 2023, 10 Fold (the “Sales Agent”) entered into a Sales Agent Agreement (the “Agreement”) with a supplier of pharmaceutical products (the “Company”), whereby 10 Fold will act in the capacity as a non-exclusive Sales Agent. Under the terms of the Agreement, the Sales Agent will inform and educate potential customers on products marketed by the Company and to initiate sales of the products. As compensation for its services, the Sales Agent shall receive a commission based on volume sales of the pharmaceutical product.

On December 3, 2023, 10 Fold (the “Company”) entered into an Operating Agreement (the “Agreement”) with Rockwell Pharma, LLC (the “Contractor”) (together, the “Parties”). Under the terms of the Agreement, the Contractor agrees to leverage its connections in the industry to execute sales of pharmaceutical products included within the Company’s Sales Agent Agreement. As compensation, the Parties agree to a profit-sharing model where profits from all sales generated under this Agreement will be split equally (50/50) (“Profit Share”). Profits are defined as the net collections on sales executed by the Contractor and received by the Company minus all pre-approved expenses.

[backyards]

What is ten fold services?

[Slojab]

On March 26, 2024 (the “Closing Date”), the Company closed on the sale of its commercial building located in Sylvester, Georgia for an aggregate cash purchase price of $3,717,778, subject to certain adjustments within the Purchase Agreement. The commercial building was acquired through the acquisition of Foxx Trot Tango, LLC (“FTT”) on June 25, 2023