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Global Tech Ltd (GTLL)

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Last Post: 11/24/2020 4:35:06 PM - Followers: 227 - Board type: Free - Posts Today: 0

 Global Technologies, Ltd.
 
$GTLL EXECUTIVE SUMMARY (Facts and DD as of 9/27/20):
 
1)  GTLL IS CURRENT (Company Fully Reporting with Securities and Exchange Commission) as of September 21, 2020 
Dormant OTC companies don’t get current and file financial statements with SEC for no REASON!! (see below link for PR)
https://finance.yahoo.com/news/global-technologies-ltd-corporate-operations-135200926.html
 
2)  GTLL will have a 25% stake in Global Clean Solutions as of March 2021 through a CPN.  $EDNT – Nasdaq ALSO has a 50% stake in Global Clean Solutions. 
DO YOUR MATH!!!
When Edison Nation holds 50% of Global Solutions LLC, Global Technology Holdings Ltd holds 25% and Edison Nation is currently trading @ $1.79
$GTTL PR  https://www.otcmarkets.com/stock/GTLL/news/story?e&id=1698412
$EDNT PR https://www.globenewswire.com/news-release/2020/05/26/2038560/0/en/Edison-Nation-Acquires-Fifty-Percent-Interest-in-Global-Clean-Solutions-LLC.html
Thanks for the DD Vijitha

3)  GTLL just released a HUGE PR:  Global Technologies, Ltd Expands Revenue Stream Through Acquisition and Vendor Approval 
25% stake in Global Clean Solutions talked about above is the acquisition pieceAND THE OTHER HUGE NEWS FROM THE PR:  
Vendor Approval from QVC or HSN!!!!!!!   They will start fulfilling as a third party logistics provider immediately (see below excerpt from PR):
“In addition, the Company’s wholly owned subsidiary, Markets on Main, LLC (“MOM”), was recently approved as a product and dropship vendor for one of the largest live home shopping networks in the country.” 
 

$GTLL HAS A LOT MORE TO COME - Dormant OTC companies don’t get current and file financial statements with SEC for no REASON!!


DD INFO:
GTLL Recent Filings
Current Report Filing (8-k) (9/04/2020)
https://ih.advfn.com/stock-market/USOTC/global-technologies-pk-GTLL/stock-news/83205159/current-report-filing-8-k
 
Form 10 (6/20/20)
http://archive.fast-edgar.com//20200608/A32ZM62CZC2RAZP2222F2ZY2LPMAZZ226L22/
 
GTLL Security Details
SHARE STRUCTURE
 
Market Cap 
2,435,859          09/21/2020

Authorized Shares
14,991,000,000          09/21/2020

Outstanding Shares
12,179,293,609          09/21/2020
Restricted          3,920,108,863            09/21/2020
Unrestricted       8,259,184,746            09/21/2020

Held at DTC
6,482,640,122          09/21/2020

Float (not current)
854,013,248             01/21/2011

Par Value
0.0001
 
Market Value calculated only for respective security
 
GTLL Background
Global Technologies, Ltd is a publicly quoted company (symbol “GTLL”) that was incorporated under the laws of the State of Delaware on January 20, 1999 under the name of NEW IFT Corporation. On August 13, 1999, the Company filed an Amended and Restated Certificate of Incorporation with the State of Delaware to change the name of the corporation to Global Technologies, Ltd. Our principal executive offices are located at 501 1st Ave N., Suite 901, St. Petersburg, FL 33701 and our telephone number is (727) 482-1505. Our website address is www.globaltechnologiesltd.info. The information contained on, or that can be accessed through, our website is not a part of this Registration Statement. We have included our website address in this Registration Statement solely as an inactive textual reference.

Prior Operational History
From inception until March 2011, Global Technologies was a technology portfolio company that acquired nascent technology and related innovations, inventions and IP assets to enhance their growth and development. The Company built revenues and asset value through a model of continuous growth, income from or sale of its portfolio holdings, and technology licensing or distribution agreements.
The Company invested primarily in innovative and promising clean/renewable energy or bio-tech technologies that had reached the stage in the critical Technology Development & Demonstration phase of the Innovative Cycle, which includes Prototype, Demonstration and Market Analysis.
In March 2011, the Company abandoned its operations. Mr. Jimmy Wayne Anderson, our sole officer and director, was appointed a director of the Company in December 2017 and an officer in January 2018.

Current Operations
Global Technologies, Ltd (“Global”) is a holding corporation, which through its subsidiaries, has operations engaged in the online sales of CBD and hemp related products, the acquisition of intellectual property in the safety and security space and as a portal for entrepreneurs to provide immediate access to live shopping, e-commerce, product placement in brick and mortar retail outlets and logistics.
On November 30, 2019, the Company entered into a Purchase and Sale Agreement (the “Agreement”) for the purchase of TCBM Holdings, LLC (“TCBM”). Under the terms of the Agreement, the Company issued a Convertible Promissory Note (the “Note”) in the amount of $2,000,000 to Jetco Holdings, LLC for the purchase of all issued and outstanding membership units of TCBM and its subsidiaries, HMNRTH, LLC and 911 Help Now, LLC.
On March 11, 2020, the Company, through its two wholly owned subsidiaries, HMNRTH, LLC (the “Seller”) and TCBM Holdings, LLC (the “Owner”) (together Seller and Owner the “Selling Parties”) entered into an Asset Purchase Agreement (the “Agreement”) with Edison Nation, Inc. and its wholly owned subsidiary, Scalematix, LLC (together the “Buyer”), for the sale of certain assets in the health and wellness industry and related consumer products industry.

Our wholly owned subsidiaries:
About TCBM Holdings, LLC
TCBM Holdings, LLC (“TCBM”) was formed as a Delaware limited liability company on August 10, 2017. TCBM is a holding corporation, which operated through its two wholly owned subsidiaries, HMNRTH, LLC and 911 Help Now, LLC.

About HMNRTH, LLC
HMNRTH, LLC (“HMN”) was formed as a Delaware limited liability company on July 30, 2019. HMNRTH operates as an online store selling a variety of hemp and CBD related products. The Company’s business model is to bridge the gap between the lifestyle and knowledge components within the cannabis industry. The Company’s goal is to educate every consumer while cultivating an experience by providing quality products, branded cutting-edge content, and diversified product lines for any purpose. Most importantly, we want our clients to discover their inner HMN, redefine their inner HMN and Empower their inner HMN.  In September 2019, the Company entered into a Quality Agreement with Nutralife Biosciences for the development and production of its CBD line of products. The Company’s product line includes hemp derived, full spectrum cannabidiol tinctures and creams in varying sizes. The Company’s ecommerce website can be found at www.hmnrth.com.

About Markets on Main, LLC
Markets on Main, LLC (“MOM”) was formed as a Florida limited liability company on April 2, 2020. MOM is A full service, sales and distribution, third-party logistics provider and portal to multi-channel sales opportunities. MOM’s focus is on bringing small businesses and entrepreneurs to large opportunities and distribution. MOM will provide the following services to its clients: inventory management, brand management, fulfillment and drop-ship capabilities, retail distribution and customer service. MOM’s website can be found at www.marketsonmain.com.
GTLL
Current Price
Volume:
Bid Ask Day's Range
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GTLL News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 11/16/2020 04:47:52 PM
GTLL News: Notification That Annual Report Will Be Submitted Late (nt 10-k) 09/29/2020 04:30:48 PM
GTLL News: Current Report Filing (8-k) 09/22/2020 05:16:24 PM
GTLL News: Current Report Filing (8-k) 09/04/2020 05:00:51 PM
GTLL News: Initial Statement of Beneficial Ownership (3) 09/02/2020 05:19:38 PM
PostSubject
#18673  Sticky Note DD UPDATE: Exec Summary $GTLL 9/26 PLEASE READ CPM 09/26/20 06:13:58 PM
#18847   Pyrite ESPECIALLY 11/24/20 04:35:06 PM
#18846   VOLUME!! GTLL$$$$ 757 11/24/20 11:20:23 AM
#18845   Exactly people say anything so they can, dump Tutu 11/23/20 09:50:38 PM
#18844   Hardly. The buy to sell ratio was heavily Slojab 11/23/20 05:13:40 PM
#18843   Nice Close$$$$ 757 11/23/20 04:44:30 PM
#18842   Haven't a clue, really. They posted two prs Slojab 11/21/20 04:07:15 PM
#18841   what's going on? Nebuchadnezzar 11/21/20 03:40:54 PM
#18840   Am hoping so. Again, real assets and CPM 11/17/20 01:11:53 PM
#18839   i think something will come of this.. frodo66 11/17/20 01:10:19 PM
#18838   There's always a pulse. Even in a coma. Slojab 11/17/20 01:06:34 PM
#18837   True story. Still holding here. CPM 11/17/20 01:05:35 PM
#18836   still sounds like there is a pulse.. frodo66 11/17/20 01:04:56 PM
#18835   That's not a 10-Q but a late notification Slojab 11/17/20 12:35:08 PM
#18834   10Q Posted yesterday Suzygott 11/17/20 12:30:37 PM
#18833   And the funniest part of all this is Slojab 11/17/20 10:45:01 AM
#18832   10Q was to be filed yesterday. NT10Q Colorado5 11/17/20 10:38:42 AM
#18831   No. It has more! Slojab 11/16/20 12:46:06 PM
#18830   GTLL really has 9b o/s??? okwife 11/16/20 12:38:43 PM
#18829   I was able to get some at $.0001, invest007 11/13/20 05:50:59 PM
#18828   Volume$$$$ 757 11/13/20 04:37:08 PM
#18827   What makes you think you can't still pick Slojab 11/12/20 07:51:02 PM
#18826   I’m on trigger here... hate I didn’t pick newlevel87 11/12/20 06:38:21 PM
#18825   Volume$$$$ 757 11/12/20 04:42:05 PM
#18824   Oh yea when? :) newlevel87 11/11/20 08:15:22 PM
#18823   GREEN! NEWS COMING!! GTLL$$$$ 757 11/11/20 04:02:59 PM
#18822   Do you want money or empty bags is MatrixMoney 11/11/20 12:03:12 PM
#18821   Volume$$$$ 757 11/05/20 01:31:42 PM
#18820   Indeed...I'm in before it Takes Off!!.Current for a 757 11/05/20 09:12:21 AM
#18819   Something may very well come of this. But Slojab 11/04/20 01:19:18 PM
#18818   Something has to come of this. Why get current? CPM 11/04/20 01:08:42 PM
#18817   $.0002 on a $27.80 trade. And it didn't Slojab 11/04/20 01:07:40 PM
#18816   I should have sold a few weeks ago ESPECIALLY 11/04/20 12:30:59 PM
#18815   Although sarcastically happy about today’s 9900% (or so) ESPECIALLY 11/04/20 12:28:11 PM
#18814   Sweet. Lol. Still holding. No reason not to CPM 11/04/20 10:00:05 AM
#18813   we should see a 9900% increase today. lol. Colorado5 11/04/20 09:30:31 AM
#18812   ( inserts rolling eyes emoji ) MatrixMoney 11/03/20 12:53:16 PM
#18811   Lol .05 would be a dream for us.. ESPECIALLY 11/03/20 12:52:12 PM
#18810   I can’t there’s no bid lol.. trash trash MatrixMoney 11/03/20 11:39:30 AM
#18809   Wrong board MatrixMoney 11/03/20 11:27:41 AM
#18808   They were gone at .051. The cup and MatrixMoney 11/03/20 11:17:20 AM
#18807   Sell shares Tutu 11/03/20 02:25:23 AM
#18806   Yep stock is trash Tutu 11/03/20 02:25:09 AM
#18805   Nothing, wake up every few months to dilute newlevel87 10/30/20 07:09:30 PM
#18804   What does this company do MatrixMoney 10/30/20 10:10:06 AM
#18803   That’s my case-bought ages ago and just forgot invest007 10/29/20 11:55:08 AM
#18802   I agree, and if you’ve been holding for ESPECIALLY 10/29/20 11:50:08 AM
#18801   Strong volume today invest007 10/29/20 10:56:33 AM
#18800   Still here and holding...there are too many material CPM 10/29/20 10:08:40 AM
#18799   No one knows Tutu 10/29/20 05:17:04 AM
#18798   When could these fools update someone newlevel87 10/28/20 08:51:02 PM
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