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Jim is a very investor-friendly CEO who takes calls and will speak candidly with you. He's right there, hasn't gone anywhere, has a team working on giving the SEC the catchup filings they want while another team works the business contracts, MSE, MBS, and much more. You shall see...
GLTA...GTGP
The SEC does not want to hold up any companies that are compliant.
They get what they want, GTGP is free to uplist. The SEC may have a quick trigger finger but they're not the monster they've been made out to be. They want some paperwork, a temp suspension gets the companies attention.
MMs absolutely CAN and absolutely WILL be lined up to get back on the money train. MMs want to make money too and they know GTGP's issue IS minor and there is nothing more to it.
It is indeed a minor glitch, we'll be on the grey temporarily, it will get quoted again, it is absolutely minor and will be remedied in due time.
GLTA...GTGP!
It's making for good laughs! ;) GTGP is as solid as ever. Minor bump in the road, adequacy only, filings in progress, SEC's nod, all the various business developments for GTGP, and will open just a hair under a buck. Probably won't stay under a buck for long though. In fact the temp vacation from trading may trigger a big gap up. I'd love to get a cheap buy in also but gotta understand it may never execute if the price just takes off.
GLTA...GTGP
Yep, agreed completely. Powerhouse in the making...how long until GTGP is on the NASDAQ again?
GLTA...
Indeed, good stuff. Full steam ahead for powerhouse GTGP. MSE, MBS, contracts, China, India, many more; short stay on the greys, SEC's nod of compliance, MMs lining up to sponsor, NASDAQ, it's not hard at all to see how this plays out...
Of course not because there is no scam. Even the SEC's issue IS minor, despite some of GTGP's competitors who desperately try to suggest otherwise in order to generate fear. This is how competition in big business works sometimes unfortunately.
But, it is absolutely recoverable, it will be updated & recovered, it will trade in the mean time, it can and absolutely should continue to climb upward, and it can and absolutely should move to a higher listing when appropriate, probably skip the OTC and go right to the NASDAQ. All possible, all probable, all realistic.
Enjoy the ride!
GLTA...
We will hear from the SEC that GTGP has fully complied with its simple filings catchup issue and is exonerated. The PPS will almost certainly be NASDAQ-qualified at that time, and MMs will be lined up for a shot as sponsoring GTGP.
GLTA...GTGP
Right on the money there. Count me in, I'll write one as an independant GTGP observer.
GLTA...GTGP
Very true indeed.
GLTA...GTGP
If he is he's having his calls forwarded! :)
GLTA GTGP!!!!
Shorting of GTGP has been extreme indeed. Things make a LOT more sense now that's for sure...
GLTA...GTGP
It explains everything!
GLTA...GTGP
BINGO!!!! Excellent, accurate, summary! Should be a sticky, must be read by all shareholders...
GLTA...GTGP
I disagree, sorry. Friday is not any sort of deadline. The stock will hold Monday regardless. Just way too much going on to risk selling valuable shares for pennies on the dollar.
Thanks though!
GLTA...
That is certainly a very reasonable conclusion...
GLTA
And it has been firmly established that companies can and do return from the grey market. Maybe not the shells, but actual companies. GTGP will be the next one. Even the OTC CEO said he believes sevral legtimate companies may have been inadvertently suspended in the wide ranging sweep of hundreds of stock symbols. GTGP is one of those, and it will bear out as true...
GLTA...
The global environmental movement coupled with continually stricter EPA regulations make this technology extremely valuable and highly sought after. A CEO simply does not make such highly public statements with the eyes of the business world and government squarely on him, and listening intently to his every word if they were not true. It just doesn't happen. Is that so difficult to figure out?!
GLTA...GTGP
Global Technologies Group Reports Results of Mercury Capture of 98%After First 16 Hours of the Operational Run at Cement Plant)
Aug 9, 2012 10:31:52 (ET)
SARASOTA, FL, Aug 09, 2012 (MARKETWIRE via COMTEX) -- Global Technologies Group, Inc. (pinksheets:GTGP) announces that the Mercury removal percentage of 98% after only 16 hours of operation will continue to increase with the continuous insertion of the MBS(TM) chemicals to attain full saturation and that data will be available for the full 24 hour period by this evening and will be reported tomorrow. It is being monitored daily and verified by both the plant and MSE Technology Applications, Inc.
"We expected these results at the plant due to the fact that the various sophisticated tests done by MSE covered all contingencies of the use of MBS(TM) and its potential interactions at the plant and were thought out well in advance. These results and the results for the next two weeks are being compiled and will meet the EPA rules set for Mercury capture from stack gasses. The results of Mercury capture will be disseminated not only to the DOE and the EPA but also to all plants throughout the world for the use of MBS(TM) for Mercury capture available to them without any cost to shut down for a retrofit, create zero job loss and be implemented immediately. This is the final process for the use of MBS(TM) in all areas of both the cement and power plant industries as well as the DOE and EPA benchmarking MBS(TM) for best use status at the present time. We are looking forward to the completion of this run and its implementation for use in removing a highly toxic airborne pathogen from not only cement plants but all industries that emit toxic Mercury into our environment," stated James Fallacaro, President of Global Technologies Group, Inc.
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
98% was just day one as they turned it on, the only logical conclusion is that it went to 100% after that as previously tested and confirmed. It is also only logical that the NDA was part of what is believed to be the Ash Grove contract to simply leave it in place and running once testing was complete. Testing would not have continued if it wasn't working as advertised, in fact an extension was requested of the testing to run under additional variables and conditions. this was all PR'd to the public, PRs that no one on earth makes if they were not true as it would leave a dishonest person open to a very significant amount of legal trouble, of which there is none. And of course as everyone knows very well, the SEC's issue is adequacy only on financials, completely unrelated to the technology, testing, contracts, MSE, MBS, etc.
Transparency on all this and more is forthcoming, and thus why this is such a hotly desired stock. In fact, the minor issue of filings may have simply interrupted the process of dotting the i's and crossing the t's so announcements could be made. It will come...
GLTA...GTGP
I would tend to agree with you!
Good points, good summary!
GLTA...GTGP
HOT RUN RESULTS were 98% on the first day, then we can only surmise 100% after that since any amount of mercury leaving the stack was going to be reported, yet none was reported. Excellent! The of course the NDA began, and that is very likely tied to contracts.
Excellent stuff, cannot wait for the final report as the first domino to huge contracts falls and sets things in motion...
GLTA...GTGP!!!
Who wouldn't want those PPS's? The whole float could be purchased in one shot creating the very likely possibility of this taking off huge in less than a day. Of course that is simply dreaming as it won't happen but it would be nice, I'd line up for it!
GLTA...GTGP
Because there isn't much else to dicuss other than the impending developments of the company such as the hot run results, MSE, MBS, EPA/DOE benchmark, contracts, providing the SEC what they are asking for, etc. All good, productive stuff.
GLTA...GTGP
Good summary with a shared sentiment!
GLTA...GTGP
Indeed. Filings are already in the works, will be filed, get SEC's nod of approval, and off to the races. Although the PPS will probably be NASDAQ-qualified even before this process finishes out. You know, the government tends to be slow about things althogh GTGP does have a lot of positive attention from the EPA and DOE, that will probably help...
GLTA...GTGP!!
Summary of GTGP's Current Status:
At the end of the day when the smoke clears, we're left with GTGP and a ton of great DD about GTGP and its work, none of which is disputed by any facts or with any effectiveness.
We do have a temporary suspension by the SEC solely for adequacy of filings. Nothing more, nothing less. A bold, public statement by the CEO to address that confirms our suspicions that the temporary suspension by the SEC solely for adequacy of filings is just that and nothing more. Anything more and there would be no public statement like that because he knows full well that it would be held against him *IF* there was more. There isn't.
GTGP will trade on the grey and depending on what news we get between now and 10/1, can easily go much higher. One by one folks are confirming their buy orders lined up for 10/1. If developments occur as we suspect, this will trade much higher and, coupled with meeting the SEC's requests for documents, move to OTC and probably NASDAQ after that. MMs will be lined up for a chance to sponsor GTGP like folks recently lined up to buy new iphones.
Despite the temporary suspension (of trading only) solely for adequacy of filings, things are looking very good in GTGP-land...
Whether you choose to buy, sell, hold, etc: GLTA!
Indeed, it may go down in history as one of the most sought after stocks. Only the desired PPS is the real debate.
GLTA...GTGP
That speaks directly to the absolute, dead center of the real issue here.
GLTA...GTGP
Excellent post; it's a basic tenant in business and in life, if something is not working, try something else.
However, truths & facts about GTGP and what is and what is not actually happening are holding strong through it all.
Anything can happen next, armageddon, an earthquake, 50 billion dollar contracts or yes, even something factually negative could happen next to this or any company. Short of having a crystal ball, we can only go on what is most likely to happen based upon DD, facts, etc and the only conclusion in that regard is GTGP works with the SEC as promised publicly, sets the fins straight meanwhile the series of blastoff announcements are made regarding MSE, MBS, hot run results, Ash Grove contract, EPA/DOE benchmark, many other contracts within the US and around the globe, etc, is easily the most likely scenario.
GTGP shares are obviously very highly desired at the lowest price possible. The only real debate is the price.
GLTA...GTGP
The facts about GTGP, the SEC, and the process as you've stated them are CRYSTAL clear.
Acceptance is another matter as I can only speak for myself!
GLTA...GTGP!
It's amazing that now we're not supposed to take the SEC's own words and statements at face value. Amazing. I can see that concept not being good for any company, trust but verify any company you're doing due diligence on, but the SEC we're now not supposed to trust??? Hmmm, sounds fishy to me.
I agree with you fully. I'll take the SEC's words at face value, but in their public statements and over the phone.
GLTA...GTGP!!
The desire for GTGP shares at all levels is blatantly obvious. The only real question is for what price. That is what is being fought for.
GLTA...GTGP
The truth must prevail over anything else. GTGP's situation has been significantly overblown.
No change in DD.
Temporary suspension, adequacy only.
Temp stay on the greys.
Working directly with SEC.
Process in place for return to OTC or higher.
It can happen, it has happened, and for GTGP it very likely will happen (I'm being beyond fair know because we could still say "will happen" just as easily)
GLTA...GTGP
You are absolutely correct. MMs will be lined up wanting to get back on the GTGP train. The company will have no problem getting sponsored.
GLTA...GTGP!
Yep, for GTGP's case that's been made about as clear as a FACT can be made. Excellent work GTGP.
OTC -> Grey -> NASDAQ
MMs will be fighting over sponsoring GTGP. I think the delay and time on the grey is only further boosting interest in buying.
GLTA...GTGP
With the big contracts coming, GTGP will soon be able to afford an entire fleet of accountants and lawyers.
GLTA...GTGP