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Global Technology Holdings, Inc. (GTHI) RSS Feed

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GO GO! GT RIDER!

Global Technologies Group, Inc. Executes Letter of Intent for Acquisition of 100% Equity of MSE, Inc.

SARASOTA, FL, May 07, 2012 (MARKETWIRE via COMTEX) -- Global Technologies Group, Inc. (PINKSHEETS: GTGP) announces that execution of a Letter of Intent (L.O.I.) with the Montana Economic Revitalization and Development Institute, Inc. (MERDI) for the acquisition of 100% of the equity interest of MSE, Inc. and its subsidiaries MSE Technology Applications, Inc., MSE Infrastructure Services, Inc. and MSE Western Environmental Services & Technologies, Inc. (collectively referred to "MSE" or the "Companies"). The L.O.I. is the result of a review of the terms of the acquisition with the board of MERDI regarding this purchase and have led to the execution of the L.O.I. Our lawyers and accountants are creating a timetable for the exchange of documents in order to prepare the purchase contract. The closing date that was set in the L.O.I will be on or before August 15, 2012. Global Technology Holdings, Inc. is the purchaser.


http://www.mse-ta.com/company/companyoverview.html


GLOBAL TECHNOLOGY HOLDINGS, INC.
2012 Annual Report
http://sunbiz.org/pdf/21163719.pdf
 


http://sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=P10000055929&inq_came_from=NAMFWD&cor_web_names_seq_number=0001&names_name_ind=&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=GLOBALTECHNOLOGYHOLDINGS&names_filing_type=


5/15/12

Update on MSE acquisition:

We are sending our technical advisors to the MSE facilities on Thursday the 17th of May for a complete review of the entire plant, labs and buildings to assess the capital costs to bring it up to a modern world class facility. Our management advisor will be on site on June 4th to assess what changes in personnel management may be needed and review the technical reports as well. www.mse-ta.com

DARN! IT WAS MSE AFTERALL! I WAS PLAYED! IF ONLY I DID SOME DD!

images.investorshub.advfn.com/images/uploads/2012/6/26/zgppcth_GoryHeadbang[1].gif" />
THANKS JIM! love those dividends lollollol



 

Date : 12/20/2011 @ 2:21PM      Global Technologies Group, Inc. Clarifies Issuance of Dividends

 

Global Techs Group (PL) (USOTC:GTGP)
Historical Stock Chart

6 Months : From Nov 2011 to May 2012

Click Here for more Global Techs Group (PL) Charts.

Global Technologies Group, Inc. (PINKSHEETS: GTGP) (Global) The company has received numerous calls about the record date and the what that means in terms of a cutoff date for holders of our shares, especially the fact that there is usually a three day clearing on trades made on Friday at close of business the 23rd of December. As we stated, Global will issue the dividend on a share for share basis to all the shareholders of record as of close of business on December 24, 2011. For each share of Global held as of the record date, shareholders will receive one share of Global Technology Holdings, Inc., a company that was formed specifically for the purpose of acquisitions.

Global has ordered the NOBO lists of all shareholders as well as the shareholders list from its transfer agent Pacific Stock Transfer for the effective date of December 24, 2011. We will, if necessary, request an additional NOBO and transfer agent report on Thursday the 29th of December to make sure that shareholders that purchased by close of business on the 23rd will be counted for the dividend in the event the NOBO list does not show the holders who have purchased by the 23rd. Upon receipt, Global will file the appropriate forms with Finra outlining the terms of the dividend distribution. The shares will be sent directly to shareholders of record. There will be no ex-dividend date as the shares are coming directly from the private company as per agreement between our company and Global Technology Holdings, Inc. which means there is no comparison to cash dividends, quarterly dividends or timeframes for a distribution directly from a public company.
 

Should any shareholder have any additional questions regarding the above, please email with questions and I will get back to you within a day or two, with the exception of Christmas.

We at Global would like to wish all a Happy Holiday and a very Merry Christmas.

James Fallacaro
President

Global Technologies Group, Inc. (GLOBAL) is a company that is in the business of acquiring exclusive licenses and distribution and reseller contracts on proven technologies in the environmental, green and war fighter industries. The criteria for the licensing or distribution agreements of the technologies are: they must be proven, validated and in use. The business plan of Global is to sublicense the technologies it acquires to companies in Countries covered under the original license grants and for its own use. For our exclusive distribution and reseller agreements, we partner with appropriate representatives in the covered countries for resale of turn key projects.

Contact
James Fallacaro
Email Contact
941-685-1616
WWW.GLBTECH.COM


 

 




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