GTGP Cumulative DD post by El Lobo (Updated)
Share Structure: Authorized Shares – 100,000,000
Outstanding Shares – 36,784,500
Restricted Shares – 17,926,475
Outstanding-Restricted = Float = 18,858,025 HOWEVER
Insiders supposedly own 11,200,000 shares and still own this many according to a ihubber that spoke to the CEO.
Therefore, the new tradeable float is a mere 7,658,025 shares.
With a share structure like this, GTGP can cover a lot of ground in a short period of time. A lockdown of shares could instigate this explosion as well. A few board members claim to own close to 4,000,000 shares. You do the math; it could make for a big day when huge news is released.
Who is GTGP?
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.
Information:
Website: http://www.glbtech.com
Address: 1304 North Lake Shore Drive Sarasota, FL 34231
CEO Jim Fallacaro
Email: jimf@glbtech.com
Phone Number: 941-685-1616
Give Jim a call or send him an email. He responds very quickly and is a refreshing guy to talk to. A little word on him as a CEO as far as I have witnessed.
Jim has been a man of his word releasing press releases when he said he would issue them. NO pinkyland BS being played here.
Upcoming Developments:
Pending acquisition
-----Dividend for the subsidiary covering the acquisition....
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.
–The acquisition breaks down into two parts…
1) Fact -- The name of the company and the investment banking firm have not been disclosed as there are NDA agreements in place. The unnamed company's revenue is in excess of 20 million dollars annually.”
the only remaining issue to be dealt with is the purchase price
Global Technologies Group, Inc. in Negotiations to Acquire a Nationally known Company Encompassing a Premier Testing Facility...
Global is formulating a purchase agreement with its' Investment banker
2) Speculation about the candidate – MSE clearly appears to be the front runner for various reasons. Let’s go down the list:
Over 20 million in revenues – check
Worked closely with GTGP – check
State of the art testing facility – check
Even similar wording in PRs by GTGP describing both MSE and the mystery acquisition.
Let’s not forget about the Investment Banking Firm. This is very rare in pinkyland and means that no toxic dilution should happen. This is a big deal imo and should not be overlooked.
Here’s a little info on MSE:
http://www.mse-ta.com/
MSE Test Facility. Various Government and commercial customers have used the MSE facility as an intermediate-scale test facility for more than three decades. Covering 53 acres, the site houses the infrastructure and a number of large-scale components to conduct scale-up and prototype testing.
This company has worked very closely with the government in the past and is partnering with GTGP to submit an application for a 100 million dollar contract
The 100 Million Dollar Contract Submission (Waiting on awarding but it looks promising):
Recently announced in the latest PR –
NAVAL FACILITIES ENGINEERING COMMAND ATLANTIC ENVIRONMENTAL REMEDIAL ACTION CONTRACT (MOD) SOL: N62470-11-R-8004 DUE: 071211 Indefinite Delivery Indefinite Quantity (ID/IQ) type contract for one base year and four one-year option periods. The total maximum value for the contract is $100 million inclusive of the base year and all options. Work will be performed by the issuance of task orders. The work includes remedial actions at environmentally contaminated sites predominately located at Navy and Marine Corps Installations and other Government agencies. CITE: https://www.fbo.gov/?s=opportunity&mode=form&tab=core&id=e89e5ac78d3c8c5e045250a80445a179&_cview=0
MSE has acquired huge government contracts before and I wouldn’t be surprised if GTGP and MSE get the contract here. We will have to wait and see.
GTGP’s biggest downside imo: its lack of SEC filings. This will expand GTGP’s credibility with bigger investors and opens them up to bigger runs in the future.
Financials have been submitted to the SEC and GTGP is just waiting on them before GTGP becomes current with financials. This could be anyday now.
Previous Annual Waste Management (WM) Conference:
MSE presented on behalf of GTGP and M2.
“widely regarded as the premier international conference on the management of radioactive materials and related topics.”
“Sponsoring organizations include the American Nuclear Society (ANS), the American Society of Mechanical Engineers (ASME) and the Organization for Economic Co-operation and Development/Nuclear Energy Agency (OECD/NEA). The conference is also organized with input from the US Department of Energy (DOE), the US Nuclear Regulatory Commission (NRC), the US Environmental Protection Agency (EPA); the US Department of Defense (DOD) and the International Atomic Energy Agency (IAEA).”
--Looks like GTGP will have some eyes on them I must say. Great chance for big name exposure.
Current Projects:
3 big Joint Ventures were completed recently with GTGP receiving 50% of the profit generated by all three. Future revenue that can be sustained…an investors dream.
Here’s the PR: http://www.marketwatch.com/story/global-technologies-group-inc-completes-three-joint-venture-agreements-2011-05-23
HUGE Cement Plant deal.....:
http://ih.advfn.com/p.php?pid=nmona&article=49737413
Read up, this would be HUGE for the company.
All of these developments and POTENTIAL revenue and value and GTGP is trading around .18? Cmon guys, the acquisition alone whether it be of MSE or not will immediately place the subsidiary above a dollar PPS imo just from the revenues and assets, this is very conservative. Add in the JVs, possible 100 million dollar contract, project in Israel, and the big cement deal all combined with a ridiculously amazing Share Structure for GTGP?!?!!?!
Remember, Nasdaq has been the goal stated by the CEO, that has a minimum of $4.00.
Every month, new applications are being discovered for the technologies that GTGP has a foothold and part in. Big government deals and a top notch CEO will make GTGP true winner.
If you have any comments or concerns please let me know. You can pm me through ihub or send me an email.
This post should not be taken as investment advice and contains opinions of a shareholder.
Thanks,
El Lobo
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