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lets see what happens once the details of why Fallacaro was booted by MSE/Merdi begin to come out.
Not just the acquisition, but scam company GTGP has been using the MSE relationship to pump the stock for over a year.
If you look at the GTGP corporate website, this is pretty obvious:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81971044
It will be interesting to see if MSE severs the relationship all together.
SVEN - late Thursday PR
http://www.prweb.com/releases/2012/11/prweb10186929.htm
GTGP Average Stock Price - 11/29/12
3 trades today
Volume Weighted Average Price
$0.080 - Nov 29, 2012
$0.090 - Nov 28, 2012
$0.076 - Nov 27, 2012
$0.080 - Nov 26, 2012
N/A ----- Nov 23, 2012
$0.079 - Nov 21, 2012
$0.100 - Nov 20, 2012
$0.090 - Nov 19, 2012
$0.093 - Nov 16, 2012
$0.115 - Nov 15, 2012
$0.104 - Nov 14, 2012
$0.092 - Nov 13, 2012
$0.072 - Nov 12, 2012
$0.091 - Nov 09, 2012
$0.061 - Nov 08, 2012
$0.075 - Nov 07, 2012
$0.100 - Nov 06, 2012
$0.107 - Nov 05, 2012
$0.120 - Nov 02, 2012
$0.123 - Nov 01, 2012
$0.144 - Oct 31, 2012
$0.130 - Oct 26, 2012
$0.152 - Oct 25, 2012
$0.159 - Oct 24, 2012
$0.146 - Oct 23, 2012
$0.114 - Oct 22, 2012
$0.120 - Oct 19, 2012
$0.126 - Oct 18, 2012
$0.163 - Oct 17, 2012
$0.150 - Oct 16, 2012
$0.126 - Oct 15, 2012
$0.107 - Oct 12, 2012
$0.158 - Oct 11, 2012
$0.165 - Oct 10, 2012
Value of Total Shares Traded
$615 ---- Nov 29, 2012
$199 ---- Nov 28, 2012
$ 38 ----- Nov 27, 2012
$2,537 -- Nov 26, 2012
$ 0 ------ Nov 23, 2012
$19,558 - Nov 21, 2012
$1,634 -- Nov 20, 2012
$1,011 -- Nov 19, 2012
$2,472 -- Nov 16, 2012
$2,741 -- Nov 15, 2012
$4,082 -- Nov 14, 2012
$215 ---- Nov 13, 2012
$324 ---- Nov 12, 2012
$968 ---- Nov 09, 2012
$285 ---- Nov 08, 2012
$10,757 - Nov 07, 2012
$522 ---- Nov 06, 2012
$9,044 -- Nov 05, 2012
$10,912 - Nov 02, 2012
$26,353 - Nov 01, 2012
$1,915 -- Oct 31, 2012
$3,522 -- Oct 26, 2012
$1,440 -- Oct 25, 2012
$2,105 -- Oct 24, 2012
$4,501 -- Oct 23, 2012
$1,264 -- Oct 22, 2012
$884 ---- Oct 19, 2012
$2,447 -- Oct 18, 2012
$4,211 -- Oct 17, 2012
$18,057 - Oct 16, 2012
$2,218 -- Oct 15, 2012
$20,853 - Oct 12, 2012
$10,270 - Oct 11, 2012
$8,295 -- Oct 10, 2012
$164,000 - Average Value of Total Shares Traded/day for 9 days before Sept. 17th suspension
================
Time-Sales Today
Time Price Volume Exchange
15:20:48 0.08 700 OTO
13:40:29 0.08 4500 OTO
09:51:02 0.08 2483 OTO
MSE sale terminated
http://mtstandard.com/news/local/mse-sale-terminated/article_9d48bb8c-3ab3-11e2-94d3-0019bb2963f4.html
MSE sale terminated
4 minutes ago • By George Plaven of The Montana Standard
The sale of Butte’s MSE Technology Applications, Inc. to a Florida-based technology holdings group is off, according to a joint announcement from both companies Thursday.
Global Technology Holdings, Inc. and the Montana Economic Revitalization and Development Institute – current owners of MSE – have mutually parted ways after it initially appeared they had a deal in place last month.
Sides announced a purchase agreement on Oct. 5 where Global Technology Holdings would assume operation of MSE and all subsidiaries effective Oct. 25. Specific terms were never disclosed.
But MERDI President Jim Kambich told The Montana Standard Thursday they have since mutually decided to terminate the agreements and discontinue the acquisition.
“While MERDI and MSE are obviously disappointed that we will not be proceeding with the Global deal, we understand that Global was within their contractual rights to terminate the agreements as contemplated,” Kambich said in the release.
Kambich declined further comment on the direction of the company. MSE continues to operate with Tom Burkhart as chief operations officer and Helen Joyce as operations manager.
Global Technology Holdings, which works to acquire exclusive licenses and distribution contracts for products in the environmental and defense fields, reached a verbal agreement with MERDI to buy MSE in July.
MSE is a longtime Butte engineering company, which currently employs 60 people – including 40 full-time employees and 20 part-time employees, down from 175 employees in 2008.
Jim Fallacaro, president of Global Technologies, planned to relocate his companies and holdings to Butte. He previously told the Standard he hoped to hire or rehire 30 to 40 employees within the first three months after completing the sale, and instill a renewed sense of job security.
Instead, Fallacaro said in the release that there were “just too many hurdles that arose during due diligence that could not be overcome.”
“We are extremely disappointed this deal did not work out,” Fallacaro said. “Both sides were working very hard to complete this deal.”
Fallacaro also declined further comment when contacted Thursday.
The sale of MSE to Global was supposed to be finalized in September, but delayed after the Securities and Exchange Commission suspended trading of Fallacaro’s Global Technologies Group for 10 days. Global Technologies Group is a different company from Global Technology Holdings, though Fallacaro is the president of both.
At that time, Fallacaro issued a letter to shareholders taking responsibility for the suspension. He explained the SEC sought “financial information needed … to comply with the reporting company regulations, stemming from errors made in 2007 and to the present 10Q.” The company has since returned to trading.
Kambich previously told the Standard the suspension was not a factor in trying to finish the deal.
— Reporter George Plaven may be reached at 496-5597, or via email at george.plaven@lee.net. Follow him at Twitter.com/@George_Plaven.
Take a look at the GTGP corporate website:
http://www.glbtech.com/ABOUT_US.asp
90% of the website is about MSE
unbelievable!
GTGP and MSE - working together?
http://www.glbtech.com/MSE_SUMMARY.asp
GLOBAL TECHNOLOGIES
MSE SUMMARY
PDF LINK /upload_user/MSE Business Summary V2.pdf
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 geographic regions covered under the original license grant and in exclusive distribution and reseller agreements, to place with appropriate representatives in the covered countries for resale of turn key projects.
Global entered into an exclusive license for the purchase, distribution and reseller rights agreement with MSE Technology Applications, Inc. The technologies are but not limited to the technologies listed below. (MSE-TA.COM) a company that has been in business for 35 years and deals mainly with the DOE and Military developing new technologies for specific purposes. As the technologies are the newest designed for a variety uses, we feel we have an advantage in the market place. We are currently negotiating additional territories as progress merits. We have recently appointed sales representatives in various countries covered under our agreement. This exclusive agreement covers Iraq, Israel,and Afghanistan. An additional agreement with MSE covers, on a non exclusive grant, all Member Countries of the European Union and Canada.
"Manufacturer's Products and Services" are described, but not limited to, the products, related service, parts, and accessories manufactured and/or sold by Manufacturer as listed below.
MSE universal plasma torch system
MSE transferred arc plasma torch system
MSE non-transferred arc plasma torch system
MSE Mobile Plasma Treatment System (MPTS)
MSE Plasma Waste Treatment System
SCADA Systems
Meteor Burst Data Acquisition and Transmission Systems
Water – Waste Water Treatment Skids
Waste Solidification or Stabilization Treatment Methods
Instrumentation and Control Products and Certified Panels
Management Services
Document Preparation Services
Training Services
Drafting Services
Engineering Services
Electrical engineering
Mechanical engineering
Environmental engineering
Chemical/process engineering
Geophysical/geological
Instrumentation & Control
Waste Treatment
Site closure/cleanup
Mine waste solutions
Laboratory Analysis
Water and soil analysis
SCADA Solutions
Monitoring & control systems
Remote terminal units
Infrastructure Management
Facility modernization
Site Cleanup/Closure
Containment barriers
Biological barriers
Economic analysis/evaluation
Test designs
Modeling & sampling
Containment/Stabilization Barriers
Viscous liquid barriers
Thin grout walls
In situ vitrification
Waste stabilization
Mercury stabilization of soils
Biological Barriers - Control/Treatment Barriers
Reactive barrier
Dense Non-Aqueous Phase Liquids (DNAPL)
Solution Mining
Site management and operation
So........
MSE is no longer doing the testing for MBS cement plant hot run tests for GTGP?
So......
MSE no longer has licensed its technology to GTGP?
www.glbtech.com/MSE_SUMMARY.asp
how about that?
when did the MSE/GTGP licensing of dozens of technologies and products expire?
actually, a big NO
you previously posted that GTGP was buying MSE through GTHI and stessed how important the MSE acquisition was for GTGP and GTGP stockholders.
ha!
good one
I thought that you stated that MSE is no longer important to scam company GTGP?
One has to wonder whether MSE is going to want to work with scam company GTGP after what Fallacaro did to them in the last month.
oops!
wasn't SEFE involved in producing electrostatic energy from lighting?
this company is actually producing fuel oil (petroleum) from air
just like several are producing water from air.
Danger - the next technology that will be promoted by public scam companies
Fuel from Air
http://edition.cnn.com/video/?hpt=hp_inthenews#/video/world/2012/11/28/rivers-green-petrol-air.cnn
NGRC CEO Kenneth LIebscher
http://www.sec.gov/Archives/edgar/data/1074142/000106299302000674/form8k.htm
ITEM 5. Other Events and Regulation FD Disclosure.
On August 13, 2002, the Federal Bureau of Investigation arrested Howard Kerbel, Barry Berman (major stockholders of the Company), Dennis Epstein (Chairman of the Board of Directors), Kenneth Liebscher (President of the Company), and Melvin Levine and Vincent Barone (consultants to the Company) for federal mail and wire fraud and various securities violations. All parties have pleaded not guilty to these charges. ThermoElastic Technologies, Inc. and Subsidiary were not charged in these activities.
Today's MIMV VWAP = $0.325
SMDI Daily Tape Painting Summary - 11.29.12
VWAP = $0.137
- tape painting print at the ask in red
Time Price Volume Exchange
13:56:18 0.159 125 OBB
13:47:22 0.135 3100 OBB
11:50:20 0.159 200 OBB
11:04:47 0.15 150 OBB
11:04:08 0.135 4150 OBB
09:39:26 0.15 200 OBB
here is a 66 month sentence for only a $2.2 million public company fraud:
http://www.siliconinvestor.com/readmsg.aspx?msgid=28574157
yep, 25-50 years for Metter and Moskowitz and their $250 million public company fraud
This is truly incredible stuff about MSE
I particularly like the stuff about MSE and Oak Ridge and the DOE - nice relationship eh?
So MSE is a great asset for GTGP?
how can this be?
the MSE acquisition never closed!
Tell us more about GTGP and MSE and the tip of the Iceberg?
actually the issues as to why Fallacaro was given the boot are black and white - no grey area here
huh?
accountants typically go into the target company to review the details supporting the financial statements BEFORE the acquisition is formally closed.
Scam company MIMV caught omitting material facts from Sept. 2012 10Q recently filed with the SEC.
We have recently seen that MIMV made false and misleading statements in SEC filings:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81827939
details of the material fact SEC ommissions to be posted this week before end of trading Friday
it appears that this pump has worn out, doesn't it?
yes, the tape painting is so obvious that this time the SEC is going to act on it.
not much trading now, but you are going to see a rush to get out of the stock, hence a tremendous downward pressure on the stock, right before the restructuring is announced.
ha!
good one
and does all that charting help predicting when the SEC comes in and suspends a scam stock?
yes the evil nakes shorts are here as witnessed by the total of 300 share SHORT INTEREST released by otcbb for the Nov. 15th date
look for GTGP's partners EMHI and SLUP to drop significantly in price as GTGP goes below the one cent level....