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Well, as it turned out folks that held to the stock on Sept. 14th are now down about 85%
You mean from the exercise of Warrants and Options and conversion of preferred as STATED IN THE SEC FILINGS that would approximate TRIPLE the current outstanding shares to more than 240 million?
that huge dilution?
HAS TRADING IN GTGP STOCK DRIED UP NOW THAT IT TRADES IN THE GREYS?
Value of Total Shares Traded
$4,211 ---- Oct 17, 2012
$164,000 - Average/day for 9 days before suspension
HAS TRADING IN GTGP STOCK DRIED UP NOW THAT IT TRADES IN THE GREYS?
Value of Total Shares Traded
$4,211 ---- Oct 17, 2012
$164,000 - Average/day for 9 days before suspension
gee, thanks for the advice
now
please tell us what color the share figures used to tape paint the trades should be used instead of red in this table?
but before you let me know, you do understand that tape paint is "bad" don't you?
in fact tape painting is considered market manipulation and is completely and totally illegal
would you consider something illegal worthy of a red color?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80635146
I choose to color numbers in whatever color I want, whether green, red, blue, black or purple
what they are labeled on your stock quote screen is another matter..
SMDI Daily Tape Painting Summary - 10.17.12
VWAP = $0.170
- tape painting print at the ask in red
Time Price Volume Exchange
12:21:12 0.19 2500 OBB
12:14:24 0.162 3000 OBB
11:14:40 0.19 200 OBB
11:14:27 0.18 200 OBB
09:38:35 0.16 10000 OBB
09:34:55 0.175 5000 OBB
Pre-Market Trades
08:44:57 0.22 325 OBB
08:44:14 0.182 3000 OBB
08:43:58 0.1814 200 OBB
GTGP Average Stock Price - 10/17/12
8 trades today
Volume Weighted Average Price
$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
$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
================
Time-Sales Today
Time Price Volume Exchange
15:59:07 0.16 1500 OTO
14:31:23 0.16 1000 OTO
14:09:37 0.15 107 OTO
12:41:02 0.16 1968 OTO
11:50:07 0.15 6202 OTO
10:36:25 0.15 2500 OTO
10:31:08 0.15 2500 OTO
10:14:54 0.18 10000 OTO
You seem to have missed the update memo on those "Government-mandated air quality standards":
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80491349
Either way, it has nothing to do with the fact that GTGP has failed to file 28 10qs and 10ks with the SEC, thereby leading to the eventual revocation of the GTGP stock.
oh, and that Soulucorp/GTGP MBS system for large scale cement plants?
Doesn't work on an ongoing continuous basis...
DOJ Felony Indictment
the year was 2011 and this is what Fallacaro was saying about the financials:
Jun 13, 2011
Financials
We are currently finishing up the financials which will bring us up to date for uplifting to OTCBB. They should be completed for the year end June 30, 2011 and will be filed for that period prior to the final date for filing of that annual report.
http://envirolib.org/press-releases/global-technologies-group-inc-shareholders-letter/
The Filing of False and Misleading Financial Statements with the SEC by Global Technologies Group, Inc. (GTGP)
1. GTGP was formerly called Global Music International, Inc. but changed its name to Global Technologies Group, Inc.
2. On Frebruary 19, 2008 GTGP filed an 8-K with the SEC stating that:
“On February 14, 2008, the Board of Directors of Global Music International, Inc. (the “Company”) concluded that the Company’s previously issued financial statements for each reporting period from January 1, 2006 through September 30, 2007 will be restated to make necessary accounting adjustments. Accordingly, the Company’s prior financial statements for such periods should no longer be relied upon.”
The GTGP 8-K also stated that
“The Company has not determined the amount of such additional charges. However, the effects on previously reported financial statements are expected to be material.”
http://www.sec.gov/Archives/edgar/data/1308841/000110801708000104/globalmusic8k.htm
3. A couple of weeks later, on March 7, 2008, GTGP filed an 8-K/A with the SEC stating that most of its senior officers/directors had resigned effective January 25 and 30, 2008:
Item 5.02 Departure of Directors or Principal Officers; Election of Directors, Appointment of Principal Officers.
On January 25, 2008, David R.Allen resigned as Chief Financial Officer of the Company, effective on January 25, 2008.
On January 25, 2008 Christopher Mauritz, Executive Vice President, Officer and Director of the Company resigned his position, effective on January 25, 2008.
On January 30, 2008 Ji Shen resigned his position as Vice President and Director of the company, effective January 30, 2008.
http://www.sec.gov/Archives/edgar/data/1308841/000110801708000129/global8k.htm
4. At this point in time, the last two sets of financial statements filed by GTGP were the 10-K for the fiscal year end June 30, 2007 (filed on Sept. 27, 2007) and the 10-Q for the first quarter ending Sept. 30, 2007 (filed on November 14, 2007).
June 30, 2007 10-K:
http://www.sec.gov/Archives/edgar/data/1308841/000110801707000646/globalmusic10ksb07.htm
and
Sept. 30, 2007 10-Q:
http://www.sec.gov/Archives/edgar/data/1308841/000110801707000776/gm10qsb.htm
5. During 2008, the GTGP stockholders waited for the RESTATED financials to be filed with the SEC. GTGP failed to do this during 2008.
6. During 2009, the GTGP stockholders waited for the RESTATED financials to be filed with the SEC. GTGP failed to do this during 2009.
7. During 2010, the GTGP stockholders waited for the RESTATED financials to be filed with the SEC. GTGP failed to do this during 2010.
8. During the first half of 2011, the GTGP stockholders waited for the RESTATED financials to be filed with the SEC. GTGP failed to do this during the first half of 2011.
9. Then on September 13, 2011, GTGP files the amended 10-K for the year ending June 30, 2007:
http://www.sec.gov/Archives/edgar/data/1308841/000110801711000352/global10k.htm
10. A few days later, on September 16, 2011, GTGP files the amended 10-Q for the quarter ending September 30, 2007:
http://www.sec.gov/Archives/edgar/data/1308841/000110801711000358/gtg10q.htm
11. At this point in time, investors expected GTGP to file the RESTATED financials for the previous periods. However, amazingly, GTGP, fully knowing that the 10-Q and 10-K previously filed with the SEC in 2007 and discussed in paragraph (4) could not be relied upon, needed to be RESTATED and needed MATERIAL adjustments, did the unthinkable: GTGP filed the same FALSE AND MISLEADING 10-Q and 10-K in September 2011 as it had filed in 2007. A simple review of the 10-K’s and 10-Q’s included in the links in paragraphs (4), (9) and (10) would verify this deceptive behavior by GTGP.
12. What was GTGP thinking? It now appears that GTGP has not filed financial statements with the SEC that conform with GAAP since 2005 – a full 7 years.
HOW LONG BEFORE THE SEC WAKES UP AND REVOKES THE REGISTRATION OF GTGP’S SECURITIES SO THAT IT NO LONGER TRADES?
One month?
Two months?
Three months?
and I believe in THIS that trumps "people" anytime:
241 million fully diluted common shares outstanding
Its about time
these people have funded many of the scam companies through the years...
Response in red
huh?
when have I ever stated that you should sell your shares?
if you can find the post, then please show us.
you won't because I have never said this.
on the contrary, I personally hope that you hold all of your 175,000 GTGP shares
It will be a true pleasure to see what happens to the value of those shares as time passes.
true true pleasure!
{wink wink}
yes, and when GTGP stockholders are informed by the SEC that it has informed GTGP of the begining of revocation procedure, the stock will flatline...
Yes, and if you wait until the SEC Litigation Release includes GTGP, then it will be too late - just like waiting for the SEC suspension of GTGP stock. If you waited for that announcement then you are now down 84% on your GTGP holding since before the announcment.
WHY GTGP WILL NEVER FILE THE FINANCIALS WITH THE SEC
GTGP will NEVER file the 28 10qs and 10ks needed to get current on its financials filed with the SEC...
Much too much risk for CEO Fallacaro
For instance, what does Fallacaro do regarding the fraudulent sublicensing agreement that GTGP filed with the SEC?:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80058796
Does GTGP show the truth on the Balance Sheet and Cash Flow Statement, that the $1.25 million cash was NEVER received by GTGP - thereby giving the US Attorneys Office all the evidence needed to file criminal fraud charges against Fallacaro?
or
Does GTGP file fraudulent financials showing in the Balance Sheet and Cash Flow Statement falsely showing that it did receive the $1.25 million cash? - Eventually leading to criminal fraud charges filed by the US Attorneys Office against Fallacaro?
THIS IS ONE OF THE MANY REASONS WHY GTGP WILL NEVER FILE THOSE 28 10Qs and 10Ks iwth the SEC - much too much risk for Fallacaro
30 days since the SEC announcement of suspension of trading for GTGP
and yet
no financials filed with the SEC:
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001308841&owner=include&count=40&hidefilings=0
not one 10Q or 10K of the 28 due has been filed with the SEC
so was GTGP CEO Fallacaro lying again when he stated this in the Sept. 18th PR?:
nodummy, truly truly excellent post
that clearly explains how the Fallacaros treat their public stockholders.
I would like to add that the Fallacaros took some of those Falcon assets that they transferred over to themselves, then exchanged them for a $1.5 mllion convertible note to GTGP in 2004. Soon thereafter the $1.5 million in assets that was transferred and they claimed was now owned by GTGP was WRITTEN DOWN AS WORTHLESS by the GTGP auditors....Yet the Fallacaros kept the $1.5 milion note, accruing interest over time. In addition, the Fallocaros $1.5 million convertible note is NOW SECURED BY 100% OF THE GTGP ASSETS.
and here is the important point:
SINCE GTGP DOES NOT FILE FINANCIALS WITH THE SEC, WE AT THIS TIME DO NOT KNOW WHETHER THE FALACAROS HAVE ALREADY TRANSFERRED ALL OF THE GTGP ASSETS, INCLUDING LICENSING AND JV AGREEMENTS OVER TO THEMSELVES OR A RELATED ENTITY!
From the October 2012 issue of World Cement:
World Cement is an industry publication. I'm sure they know what they're talking about.
By 2015, the incoming industry-wide regulations aim to reduce annual emissions of SO2 by 78%, HCl by 97% and mercury by 92% (though the latter has recently been negotiated down to 85%).
http://www.worldcement.com/sectors/cement/articles/Cement_Canada_environment_emissions_carbon_taxes_163.aspx
Excellent, glad you could join the close knit GTGP "longs"
here is some research on GTGP that you might enjoy reading now that you own the stock:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80125093
and
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80059681
Why fool around with odds?
why not just wait until you review the front page of the US Attorneys Office fraud complaint that will be filed against the Monk and the lieutenants?
ha!
that is where the fun part begins as the Monk will be giving up names of the promoters that assisted him in order to lesson his jail sentence by a year or two once indicted and convicted.
SMDI Daily Tape Painting Summary - 10.16.12
VWAP = $0.186
- tape painting print at the ask in red
Time Price Volume Exchange
15:59:29 0.20 125 OBB
15:47:40 0.19 5000 OBB
15:47:40 0.19 150 OBB
15:47:27 0.18 10000 OBB
15:36:54 0.18 5000 OBB
15:36:50 0.18 10000 OBB
15:36:27 0.1836 3000 OBB
15:34:28 0.18 125 OBB
15:30:45 0.165 6550 OBB
15:30:43 0.165 5000 OBB
15:29:52 0.17 125 OBB
15:28:37 0.165 5000 OBB <<<<<<<<< 52 week low
15:20:15 0.17 5000 OBB
15:17:12 0.185 125 OBB
15:15:56 0.17 5000 OBB
15:15:30 0.19 5000 OBB
15:15:10 0.175 5000 OBB
15:14:40 0.195 125 OBB
15:14:27 0.17 900 OBB
15:14:26 0.1712 4100 OBB
15:14:17 0.19 5000 OBB
15:13:41 0.175 2000 OBB
15:13:38 0.18 400 OBB
15:13:36 0.175 5000 OBB
15:12:28 0.18 5000 OBB
15:09:45 0.20 1000 OBB
15:09:41 0.21 125 OBB
15:09:30 0.195 5000 OBB
15:09:27 0.20 5000 OBB
14:44:16 0.225 125 OBB
14:44:16 0.225 125 OBB
14:44:09 0.20 9100 OBB
14:43:41 0.225 125 OBB
14:43:41 0.225 125 OBB
14:43:35 0.20 2500 OBB
14:43:35 0.20 3000 OBB
14:42:59 0.225 125 OBB
14:42:59 0.225 125 OBB
14:42:26 0.22 100 OBB
14:42:10 0.21 5000 OBB
14:31:09 0.22 5000 OBB
14:30:46 0.22 5000 OBB
09:31:19 0.2549 200 OBB
GTGP Average Stock Price - 10/16/12
17 trades today
Volume Weight Average Price
$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
$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
.
yes, all sells today, one after another after another, except for two trades at the end at the ask and the usual tape paint at the ask..
look for sub .15 tomorrow, eventually dropping to below $0.02 as time passes and people realize that a restructuring is going to wipe out their SMDI investment...
response in red
GTGP ONLY has an exclusive license form Solucorp for the MBS soil remediation
GTGP has a 50/50 JV with Solucorp for the MBS cement plants and other type of plants other than energy/power plants
that is it
here is the GTGP PR describing the 50/50 JV with Solucorp for cement plants:
http://finance.yahoo.com/news/Global-Technologies-Group-Inc-iw-1931520180.html
A second Joint Venture agreement with Solucorp covers all applications of the MBS technology use with the exclusion of energy related projects. This JV will give Solucorp 50% of the net proceeds for any projects incorporating the MBS technology and does not affect the original exclusive license agreement Global was issued.
You are hearing less and less noice here because GTGP stockholders are extremely unhappy as the stock got suspended, sent to the grey sheets and is down 84% from the pre-suspension price - and they are looking at an upcoming revocation by the SEC, for Fallacaro will never file those delinquent financials with the SEC. They are also unhappy because, after all this time, Fallacaro has failed to let them know what percent of GTHI is owned by GTGP, if any.
These stockholders have nothing positive for GTGP to say and don't want to hurt their "investment" by saying negative things about GTGP and Fallacaro on an Internet Message Board.
ouch, 20 cents
IF YOU ARE A GTGP STOCKHOLDER
why are you not asking how much of GTHI is owned by the company that you own stock in, GTGP?
why are you not INSISTING that Fallacaro let GTGP stockholders know the EXACT ownership of GTHI by GTGP?
after all, isn't the acquisition of MSE by the private company GTHI a big thing?
Are the answers to the above questions not important in making the decision whether to own GTGP stock or not?
SERIOUSLY!
WHAT WILL COME FIRST?
1. GTGP gets revoked?
or
2. GTGP stockholders finding out that GTGP owns less than 1% of the private company GTHI, which is the entity acquiring MSE, Inc.
Wow, look at all those contracts for MSE
yet
MSE is near bankruptcy, after reducing the workforce from about 200 employees to about 60, and MERDI could not get rid of it, except for a private company, GTHI, headed by Fallacaro, the CEO of scam company GTGP, which has recently been suspended by the SEC.
wow, thanks for the info
by the way, why are you grouping GTGP with MSE/GTHI?
GTGP has less than 1% ownership in GTHI.
you will be able to read about the GTGP "wash trading" in the SEC Litigation Release when it is announced
ha!
you would think that the wash trading would attempt at least to use different prices for the wash trades:
Time Price Volume Exchange
11:24:36 0.15 7500 OTO
11:24:35 0.15 7500 OTO
11:20:47 0.15 3000 OTO
10:56:57 0.15 2500 OTO
10:40:31 0.15 4500 OTO
10:33:47 0.15 2500 OTO
09:48:05 0.15 10000 OTO
09:45:49 0.15 1125 OTO
09:42:42 0.15 6000 OTO
09:42:41 0.15 50000 OTO
GTGP stock price
before SEC suspension
$0.93
Today
$0.15
Percentage drop in stock price
84%