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here is a thought, why not make good use of the copy/paste function and show us the details of the post that said it would "open in the trips" and the post that said it would be "revoked today"
thanks
GTGP - A FUNNY THING HAPPENED ON THE WAY TO THE CEMENT PLANT
Wouldn't it be funny if the alleged GTGP 3 week hot run test at the unnamed Cement Plant NEVER OCCURRED and instead another test was being conducted at the MSE plant?
Is this a possibility?
Well, it appears that it has happened before.
In press releases during Oct. 31, 2011, January 9,2012 and February 21, 2012 GTGP lead the investment public to believe that they were preparing to conduct a hot test run at the unamed Cement Plant. In fact in the Feb 2012 press release, GTGP stated:
"We have set aside two weeks in March, when the cement plant begins operation after the winter closure, to start a hot three day run in their system with both the MSE engineers and the engineers present at the plant as the final step for contract negotiations."
HOWEVER, in an April 25, 2012 press release, GTGP revealed the test results and that the test was not a hot 3 day run at the unamed Cement Plant, but instead it was conducted on a very small "test tube" scale at the MSE testing facilities.
SOUND FAMILIAR?
THE FOUR GTGP PRESS RELEASES
October 31, 2011
http://www.marketwire.com/press-release/global-technologies-group-inc-concludes-successful-technical-discussions-implementation-pinksheets-gtgp-1579708.htm
Global Technologies Group, Inc. (PINKSHEETS: GTGP) (Global), its partner company MSE Technology Applications (MSE) and the personnel from the plant have concluded the final technical discussions for the retrofit and implementation of the MBS technology for the removal of mercury from the emissions and for the disposal of the mercury treated wastes.
January 9, 2012
http://www.marketwire.com/press-release/global-technologies-group-inc-status-of-cement-plant-and-share-distribution-pinksheets-gtgp-1604528.htm
Global Technologies Group, Inc. (PINKSHEETS: GTGP) (Global) announces that we are in the final stages of review and our technology sub-contractor is now arranging for a complete walk through of the plant in conjunction with the plant's engineers for pressure measurements, flow systems and insertion point of MBS. We have determined all the measures and needs for retrofitting the plant in order to meet their goals as well as Global's goal of negotiating a contract for that project.
February 21, 2012
http://www.marketwire.com/press-release/global-technologies-group-inc-final-results-of-cement-plant-technical-meetings-pinksheets-gtgp-1622243.htm
Global announces after technical and onsite discussions between MSE Technology Applications engineers and the chemical and operational engineers of the cement plant last week we have all agreed to use the IFS2C process to inject IFS2C directly into the stack gasses for reduction treatment and removal of Mercury. This decision allows Global to use this process, which was successful in the treatment of Mercury in power plants in the past, to make it more efficient to be utilized by all cement plants without any major retrofit to existing plants.
We have set aside two weeks in March, when the cement plant begins operation after the winter closure, to start a hot three day run in their system with both the MSE engineers and the engineers present at the plant as the final step for contract negotiations.
April 25, 2012
http://www.marketwire.com/press-release/global-technologies-group-inc-results-of-cement-plant-mercury-emissions-testing-pinksheets-gtgp-1648645.htm
Global Technologies Group, Inc. (PINKSHEETS: GTGP) presents report dated April 20, 2012 for Mercury emissions testing completed by MSE Technology Applications, Inc.
GTGP - A FUNNY THING HAPPENED ON THE WAY TO THE CEMENT PLANT
Wouldn't it be funny if the alleged GTGP 3 week hot run test at the unnamed Cement Plant NEVER OCCURRED and instead another test was being conducted at the MSE plant?
Is this a possibility?
Well, it appears that it has happened before.
In press releases during Oct. 31, 2011, January 9,2012 and February 21, 2012 GTGP lead the investment public to believe that they were preparing to conduct a hot test run at the unamed Cement Plant. In fact in the Feb 2012 press release, GTGP stated:
"We have set aside two weeks in March, when the cement plant begins operation after the winter closure, to start a hot three day run in their system with both the MSE engineers and the engineers present at the plant as the final step for contract negotiations."
HOWEVER, in an April 25, 2012 press release, GTGP revealed the test results and that the test was not a hot 3 day run at the unamed Cement Plant, but instead it was conducted on a very small "test tube" scale at the MSE testing facilities.
SOUND FAMILIAR?
THE FOUR GTGP PRESS RELEASES
October 31, 2011
http://www.marketwire.com/press-release/global-technologies-group-inc-concludes-successful-technical-discussions-implementation-pinksheets-gtgp-1579708.htm
Global Technologies Group, Inc. (PINKSHEETS: GTGP) (Global), its partner company MSE Technology Applications (MSE) and the personnel from the plant have concluded the final technical discussions for the retrofit and implementation of the MBS technology for the removal of mercury from the emissions and for the disposal of the mercury treated wastes.
January 9, 2012
http://www.marketwire.com/press-release/global-technologies-group-inc-status-of-cement-plant-and-share-distribution-pinksheets-gtgp-1604528.htm
Global Technologies Group, Inc. (PINKSHEETS: GTGP) (Global) announces that we are in the final stages of review and our technology sub-contractor is now arranging for a complete walk through of the plant in conjunction with the plant's engineers for pressure measurements, flow systems and insertion point of MBS. We have determined all the measures and needs for retrofitting the plant in order to meet their goals as well as Global's goal of negotiating a contract for that project.
February 21, 2012
http://www.marketwire.com/press-release/global-technologies-group-inc-final-results-of-cement-plant-technical-meetings-pinksheets-gtgp-1622243.htm
Global announces after technical and onsite discussions between MSE Technology Applications engineers and the chemical and operational engineers of the cement plant last week we have all agreed to use the IFS2C process to inject IFS2C directly into the stack gasses for reduction treatment and removal of Mercury. This decision allows Global to use this process, which was successful in the treatment of Mercury in power plants in the past, to make it more efficient to be utilized by all cement plants without any major retrofit to existing plants.
We have set aside two weeks in March, when the cement plant begins operation after the winter closure, to start a hot three day run in their system with both the MSE engineers and the engineers present at the plant as the final step for contract negotiations.
April 25, 2012
http://www.marketwire.com/press-release/global-technologies-group-inc-results-of-cement-plant-mercury-emissions-testing-pinksheets-gtgp-1648645.htm
Global Technologies Group, Inc. (PINKSHEETS: GTGP) presents report dated April 20, 2012 for Mercury emissions testing completed by MSE Technology Applications, Inc.
SMDI Daily Tape Painting Summary - 10.08.12
$0.294 = VWAP
- tape painting print at the ask in red
Time Price Volume Exchange
15:50:37 0.35 105 OBB
15:50:13 0.35 200 OBB
15:49:50 0.32 200 OBB
15:49:11 0.32 200 OBB
15:47:03 0.315 2500 OBB
15:46:48 0.31 7500 OBB
15:46:28 0.305 10000 OBB
15:46:06 0.295 5000 OBB
15:36:35 0.285 5000 OBB
15:23:26 0.315 110 OBB
15:21:54 0.30 500 OBB
15:21:40 0.29 10775 OBB
15:21:37 0.295 5000 OBB
15:20:37 0.295 5000 OBB
15:19:00 0.29 10000 OBB
14:54:00 0.282 1200 OBB
14:54:00 0.285 6000 OBB
14:53:29 0.285 5000 OBB
12:27:13 0.29 10000 OBB
12:13:50 0.29 110 OBB
12:11:34 0.285 4000 OBB
12:11:34 0.28 5000 OBB <<<<<<<<< 52 week low
12:09:50 0.295 130 OBB
12:09:19 0.285 3900 OBB
12:06:45 0.285 500 OBB
11:31:07 0.29 13600 OBB
11:10:18 0.29 8600 OBB
11:03:48 0.295 5000 OBB
10:36:27 0.30 1500 OBB
10:36:16 0.30 700 OBB
10:36:03 0.305 5000 OBB
10:34:18 0.31 5000 OBB
Actually, the source that shows that GTGP will be revoked by the SEC because it will never filed the financials with the SEC is this one:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80059681
regarding this comment by you:
what PELE merger price?
you do understand that ProElite is a 95% owned subsidiary of SMDI and is already consolidated in the SMDI financials statements filed with the SEC, don't you?
ProElite could stay as a 95% owned subsidiary for the next 100 years and nothing would change.
Yes, it is "absolutely clear" that on Feb. 2, 2011, GTGP issued a press release which stated that:
"Global has also formed a wholly owned subsidiary Global Technology Holdings, Inc."
and since that time, GTHI has issued shares to the Fallacaros, MERDI and Funders of the GTHI/MSE business such that GTGP not only doesn't own 100% of GTHI, but has probably been diluted to less than 5% ownership in GTHI.
Besides, GTGP is going to get REVOKED by the SEC, any way, for failurre to file current financials with the SEC for the last 7 years.
a "long" holding on to the GTGP stock at an average price of $0.40/share
will lose
$0.40/share, or 100% of his investment
in the long run, as this stock is getting REVOKED by the SEC for failure to file current financials, all 28 of them
thanks for the info
ProElite's parent company, SMDI, hit a new 52 week low today of $0.28
I hope this helps
shhhhh, don't bother anyone
can't you see that a 52 week low of $0.28 traded today?
yes, my guess is that GTGP has been diluted on the ownership of GTHI from two years ago, from being a 100% owner to about 5-10%. By October 25th, the ownership of GTHI would look something like:
GTHI ownership
10% - GTGP
40% - Fallacaro and wife
20% - Merdi
30% - funders
and look for all assets, such as contracts and license agreements to have been transferred OUT OF GTGP by now
GTHI is a private company
the ownership of GTHI, as is typical of scam companies, has not been released
there is no reason to believe that Fallacaro would want anything under the wings of GTGP, which is an SEC suspended stock now trading on the grey sheets and soon to be revoked for lack of current financials with the SEC.
Compare today's Press Release to the initial MSE Acquisition announcement press release.
Why did today's PR not mention that GTHI had acquired 100% of the equity of MSE, Inc?
Because it didn't acquire any equity, it is just planning on taking over the operations of MSE, Inc. on Oct. 25th.
Has GTHI acquired the 52 acre Mike Mansfield Advanced Technology Center?
No. GTHI is only taking over the operations of MSE, Inc. on Oct. 25th
http://www.marketwire.com/press-release/global-technologies-group-inc-executes-letter-intent-acquisition-100-equity-mse-inc-pinksheets-gtgp-1653821.htm
May 07, 2012 18:50 ET
Global Technologies Group, Inc. Executes Letter of Intent for Acquisition of 100% Equity of MSE, Inc.
SARASOTA, FL--(Marketwire - May 7, 2012) - Global Technologies Group, Inc. (PINKSHEETS: GTGP) announces that execution of a Letter of Intent (L.O.I.) with the Montana Economic Revitalization and Development Institute, Inc. (MERDI) for the acquisition of 100% of the equity interest of MSE, Inc. and its subsidiaries MSE Technology Applications, Inc., MSE Infrastructure Services, Inc. and MSE Western Environmental Services & Technologies, Inc. (collectively referred to "MSE" or the "Companies"). The L.O.I. is the result of a review of the terms of the acquisition with the board of MERDI regarding this purchase and have led to the execution of the L.O.I. Our lawyers and accountants are creating a timetable for the exchange of documents in order to prepare the purchase contract. The closing date that was set in the L.O.I will be on or before August 15, 2012. Global Technology Holdings, Inc. is the purchaser.
The centerpiece of this acquisition is the 52 acre Mike Mansfield Advanced Technology Center, a former Department of Energy facility which houses all of MSE, Inc. subsidiaries and includes labs, engineering, research and development departments and corporate offices, located in Butte, Montana.
http://www.mse-ta.com/company/companyoverview.html
"We look forward to working with Global Technologies and moving forward to return MSE to a level of national prominence," said Jim Kambich, MERDI's President. Mr. Kambich continued, "I am working closely with Northey Tretheway, Chief Operating Officer of MSE. Together, with the people at MSE and MERDI, we intend to see a successful process and transition that again places MSE in a position to grow while at the same time benefiting the Butte community."
"This acquisition is the culmination of a year of discussions, reviews and good faith by both companies in reaching this point and has been part of Global's long term plans for our future. As I have stated in the L.O.I., MSE and all the business of MSE will remain in Butte, Mt. We also will keep the name MSE Technology Applications, Inc.
"What we will do: Have our Sr. advisors review all current management performance to determine what management positions need to be changed and bring in very talented executives that will be placed in key positions from outside the company.
"We will send our technical advisors to MSE within the next few weeks to assess what upgrades are needed to create a modern state of the art facility.
"We intend to increase employees threefold over the next six to twelve months after closing and employ an aggressive marketing campaign globally to bring international awareness to MSE for major projects and projects which will utilize our technologies covering heavy metal remediation, mercury removal from cement plants and power plants in several countries including the U.S.
"We will bid on all government projects as we have the capability to act as a contractor and meet the requirements for all projects.
"I would also like to add that we are looking forward to developing a strong relationship with the townspeople of Butte both as a company and a contributing factor towards the wellbeing of Butte," stated James Fallacaro, President.
MSE currently has multiple clearances with various agencies of the government including the Dept. of Defense, the Dept. of Energy and individual branches of the military.
Currently, both companies have restrictive Non-Disclosure Agreements in place regarding the terms of the purchase.
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. Global subsidiary is Global Technology Holdings, Inc. For information about MSE: WWW.MSE-TA.COM.
Contact Information
Contact:
JAMES FALLACARO
Email Contact
941-685-1616
WWW.GLBTECH.COM
How is the market perceiving todays PR for the Oct. 25th GTHI/MSE operations?
GTGP stock price
.37
.30
.28
.26
.25
.19 <<<<<<<< below Friday's .20 close
.
.
.
.
.
.
.
Has GTGP completed the acquistion of MSE, Inc.?
NO
Has GTHI completed the acquisition of MSE, Inc.?
NO
Is GTHI acquiriing the assets of MSE, Inc. on October 25th?
NO
Then what is happening here?
GTHI is taking over all the operations of MSE, Inc. on October 25th, without the assets, conditional on certain "events" occurring.
What are these "conditions"?
We don't know and Fallacaro will never let the investment public know about the "conditions". This is what scam companies do.
How will current GTGP stockholder benefit from the Oct. 25th "taking over the operations of MSE, Inc. by GTHI" event?
Current GTGP stockholders will not benefit from this Oct. 25th event:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79762482
Is GTGP a pinksheets company?
No. GTGP is a grey sheets company as the press release has falsely stated that GTGP is a pinksheets company
Why has GTGP not named the person that is going to manage the operations of MSE, Inc.
Why should they? This is what scam companies do.
Global Technology Holdings Inc. Takes Over All Operations of MSE Inc. on October 25th
9:25a ET October 8, 2012 (Market Wire) Global Technologies Group, Inc. (PINKSHEETS: GTGP) James Fallacaro, President of Global Technology Holdings, Inc. (GTHI) and Global Technologies Group, Inc., announces the acceptance and approvals of the boards of directors of MERDI, MSE Inc. and MSE Technology Applications, Inc., along with the consents of the lending institutions involved, have executed multiple contracts including the purchase contract with the Montana Economic Revitalization and Development Institute (MERDI). As a result of the approvals of all of the terms and the plan of operation outlined by Mr. Fallacaro, Global Technology Holdings Inc. will take over the operations of MSE Inc. and all subsidiaries effective October 25, 2012.
Both GTGP and GTHI are relocating the companies to the MSE Technology Applications, Inc. facilities in Butte, MT. on the 25th of October. Mr. Fallacaro has been at MSE during the last week implementing the entire plan of operations for MSE and is making the necessary changes for the benefit of the company, employees and the community. He has also hired a director of operations for MSE who is both an extremely capable executive and a well-known engineer. His vast experience and expertise in government and private industry as a project manager responsible for the budgets and supervision of a 200 man operation working in the same areas of businesses as MSE is a great asset for the company. His credentials will be posted on the MSE site by the 25th of October.
"We are looking forward to commencing the operation of MSE Inc. this month and started the transition last week. We appreciate the support we have gotten not only from all involved with the agreements, the employees, the townspeople of Butte and from the representatives of the state and federal government," stated James Fallacaro, President of GTHI and GTGP.
Jim Kambich, President of Merdi, said, "Northey Tretheway and I have worked closely with Global Technology Holdings, Inc. officials and have worked diligently to get this deal completed over the past several months and expect the transition to be completed by October 25th."
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. Our current licensors are MSE Technology Applications, Inc. M2Polymer Technologies Inc. and Solucorp Industries LTD. which are the patent owners of MBS and IFSC.
Contact:
JAMES FALLACARO
Email Contact
941-685-1616
WWW.GLBTECH.COM
SOURCE: Global Technologies Group, Inc.
http://www2.marketwire.com/mw/emailprcntct?id=F05A45A2F81E57C1
http://www.glbtech.com/
yes, chemistry is chemistry, but GTGP does NOT own the chemistry and the "chemistry" only works at the small scale test tube lab level, not at the continuous running large scale plant level. As an example, you are citing a small scale test tube lab test done at the MSE labs - a test that was falsely promoted originally as a 3 day hot run test at a large cement plant for March of 2012.
good try, though
and besides, there is now a new, more improved and advanced form of the "chemistry", owned by someone other than Solucorp/GTGP:
THE PATENTS - THE MBS PROCESS USED BY GTGP FOR CEMENT/ENERGY PLANTS IS OBSOLETE
MBS US Patent 7,407,602
http://www.freepatentsonline.com/20050244319.pdf
Invented by Peter J. Hurley
and
Assigned to Solucorp Industries, Ltd
(Date of Patent Aug. 5, 2008)
(Filing date of Patent: April 29, 2005)
==
SEVERAL YEARS LATER
AN IMPROVED AND MORE ADVANCED MBS PATENT BY THE SAME INVENTOR:
http://www.freepatentsonline.com/7776294.pdf
MBS US Patent 7,776,294
Invented by Peter J. Hurley
and
Assigned to Cylenchar Limited
(Date of Patent Aug. 17, 2010)
(Filing date of Patent: Jan. 29, 2009)
Similarly, and would that be what caused the stock price to increase from Monday's close of 6 cents to Friday's high of 42 cents?
eventually all this nonsense will end and the stock price will drift to under a penny until it is revoked by the SEC for failure to file updated financials.
the acquisition of MSE by the private company, GTHI, in which GTGP sharesholders will see NO benefit, will not close
GTGP will drop to $0.01, then $0.001 then $0.0001/share stock price, unless it is revoked, which is a high probability since it will never file the 28 10ks and 10qs with the SEC that are required.
GTGP, its officers/directors, consultants, related parties, nominee account holders and a few promoters will be charged by the SEC and possibly the US Attorneys Office with securities fraud as it turns out that much of this cement plant MBS stuff was mostly a HOAX.
I hope this helps
hmmmmm, many more sellers than buyers at prices .20 and above
MSE, Inc. is being acquired by a Private company, GTHI, that has nothing to do with GTGP
GTGP has been suspended by the SEC and is now trading in the grey sheets. It has failed to file 7 years worth of GAAP financials with the SEC and is on the verge of getting revoked by the SEC.
look for qa GTGP subpenny stock price in the near future
SMDI Daily Tape Painting Summary - 10.05.12
$0.31753 = VWAP
- tape painting print at the ask in red
- block trades at the bid in blue
Time Price Volume Exchange
10/05 0.34 110 OBB
10/05 0.31 4500 OBB
10/05 0.34 105 OBB
10/05 0.32 5000 OBB
10/05 0.34 125 OBB
10/05 0.31 945 OBB
10/05 0.31 700 OBB
10/05 0.315 10000 OBB
10/05 0.32 10000 OBB
10/05 0.315 5000 OBB
10/05 0.34 115 OBB
10/05 0.315 4000 OBB
10/05 0.35 100 OBB
10/05 0.35 200 OBB
10/05 0.325 5000 OBB
.
actually, no
my prediction of a suspension for the week of Sept. 17th was correct
The MSE acquisition has not been closed
The stock was suspended by the SEC on "Monday", Sept. 17th
the "train" was stopped
THE LOOTING OF A PUBLICLY TRADED COMPANY
then left for dead and to be revoked by the SEC
Is this going to happen to GTGP also?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79926297
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
THE PATENTS - THE MBS PROCESS USED BY GTGP FOR CEMENT/ENERGY PLANTS IS OBSOLETE
MBS US Patent 7,407,602
http://www.freepatentsonline.com/20050244319.pdf
Invented by Peter J. Hurley
and
Assigned to Solucorp Industries, Ltd
(Date of Patent Aug. 5, 2008)
(Filing date of Patent: April 29, 2005)
==
SEVERAL YEARS LATER
AN IMPROVED AND MORE ADVANCED MBS PATENT BY THE SAME INVENTOR:
http://www.freepatentsonline.com/7776294.pdf
MBS US Patent 7,776,294
Invented by Peter J. Hurley
and
Assigned to Cylenchar Limited
(Date of Patent Aug. 17, 2010)
(Filing date of Patent: Jan. 29, 2009)
gregg, when you say "ignoring the bs", what part of this do you find "bs"?
It is all facts - using the SEC filings of GTGP to show that they filed fraudulent financials with the SEC.
Again, what part is "bs" here?
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.”
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?
narnia just changed the alias
http://investorshub.advfn.com/boards/profilea.aspx?user=41649
not suprising considering the suspension by the SEC of GTGP
actually, yes, it proves that GTGP is a scam.....
this
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80125093
includes the actual government website that shows the very specific SEC filings of GTGP in which GTGP has been proven to have filed fraudulent financials with the SEC and fraudulent documents with the SEC.
You will see the details of these "links" in exhibits to the SEC securities fraud complaint against GTGP and Fallacaro when it is filed in Federal Court sometime in the near future
until then the GTGP stock will eventually drop to $0.01, $0.001 and $0.0001 unless it is revoked by the SEC, which is a very high possibility
yes, the transfer agent has been ungagged at least since 2007 as 18 million shares have been issued by GTGP to nominee accounts, related parties, consultants and promoters, then sold into the market at atificially inflated prices due to false and misleading press releases and fraudulent SEC filings by GTGP....
hence the suspension of GTGP stock by the SEC, eventually revocaton and eventual SEC fraud charges
but, hey, the original Fallacaro shares haven't changed much eh?
actually, that prediction has gone very well
I said that the stock would open in the range of $0.01 to $0.05
It opened at $0.10 and eventually dropped to $0.05 and closed at $0.06 for the day
compare this to other predictions of the stock opening at over $0.93 and closing at over $1.00 for the day
now regarding this other prediction:
"and eventually drop to
$0.0001/share if it doesn't get REVOKED first "
the stock is right on target to get to the $0.0001/share stock price or be revoked
very much appreciate you bringing this out
thanks
the prediction of 10 million shares attempted to be sold was correct, as only 1.6 million actually were sold, for the stock dropped too far down for the other 8.4 million to achieve the price that they wanted to sell at.
the prediction of the stock price dropping to $0.01, then $0.001, then $0.0001 will be achieved, unless the stock gets revoked, which is an even higher probability.
how did the following predictions turn out?:
1. Stock suspended by the week of Sept. 17th.
2. MSE acquistion not announced by Sept 17th then Oct 1st.
3. Test results not announced by Sept. 17th then Oct 1st.
4. Cement plant contract not announced by Sept. 17th then Oct 1st.
5. Financials not filed with the SEC by Oct. 1st.
I hope this helps
GTGP - A FUNNY THING HAPPENED ON THE WAY TO THE CEMENT PLANT
Wouldn't it be funny if the alleged GTGP 3 week hot run test at the unamed Cement Plant NEVER OCCURRED and instead another test was being conducted at the MSE plant?
Is this a possibility?
Well, it appears that it has happened before.
In press releases during Oct. 31, 2011, January 9,2012 and February 21, 2012 GTGP lead the investment public to believe that they were preparing to conduct a hot test run at the unamed Cement Plant. In fact in the Feb 2012 press release, GTGP stated:
"We have set aside two weeks in March, when the cement plant begins operation after the winter closure, to start a hot three day run in their system with both the MSE engineers and the engineers present at the plant as the final step for contract negotiations."
HOWEVER, in an April 25, 2012 press release, GTGP revealed the test results and that the test was not a hot 3 day run at the unamed Cement Plant, but instead it was conducted on a very small "test tube" scale at the MSE testing facilities.
SOUND FAMILIAR?
THE FOUR GTGP PRESS RELEASES
October 31, 2011
http://www.marketwire.com/press-release/global-technologies-group-inc-concludes-successful-technical-discussions-implementation-pinksheets-gtgp-1579708.htm
Global Technologies Group, Inc. (PINKSHEETS: GTGP) (Global), its partner company MSE Technology Applications (MSE) and the personnel from the plant have concluded the final technical discussions for the retrofit and implementation of the MBS technology for the removal of mercury from the emissions and for the disposal of the mercury treated wastes.
January 9, 2012
http://www.marketwire.com/press-release/global-technologies-group-inc-status-of-cement-plant-and-share-distribution-pinksheets-gtgp-1604528.htm
Global Technologies Group, Inc. (PINKSHEETS: GTGP) (Global) announces that we are in the final stages of review and our technology sub-contractor is now arranging for a complete walk through of the plant in conjunction with the plant's engineers for pressure measurements, flow systems and insertion point of MBS. We have determined all the measures and needs for retrofitting the plant in order to meet their goals as well as Global's goal of negotiating a contract for that project.
February 21, 2012
http://www.marketwire.com/press-release/global-technologies-group-inc-final-results-of-cement-plant-technical-meetings-pinksheets-gtgp-1622243.htm
Global announces after technical and onsite discussions between MSE Technology Applications engineers and the chemical and operational engineers of the cement plant last week we have all agreed to use the IFS2C process to inject IFS2C directly into the stack gasses for reduction treatment and removal of Mercury. This decision allows Global to use this process, which was successful in the treatment of Mercury in power plants in the past, to make it more efficient to be utilized by all cement plants without any major retrofit to existing plants.
We have set aside two weeks in March, when the cement plant begins operation after the winter closure, to start a hot three day run in their system with both the MSE engineers and the engineers present at the plant as the final step for contract negotiations.
April 25, 2012
http://www.marketwire.com/press-release/global-technologies-group-inc-results-of-cement-plant-mercury-emissions-testing-pinksheets-gtgp-1648645.htm
Global Technologies Group, Inc. (PINKSHEETS: GTGP) presents report dated April 20, 2012 for Mercury emissions testing completed by MSE Technology Applications, Inc.
1ST REASON - 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?
GTGP - A FUNNY THING HAPPENED ON THE WAY TO THE CEMENT PLANT
Wouldn't it be funny if the alleged GTGP 3 week hot run test at the unamed Cement Plant NEVER OCCURRED and instead another test was being conducted at the MSE plant?
Is this a possibility?
Well, it appears that it has happened before.
In press releases during Oct. 31, 2011, January 9,2012 and February 21, 2012 GTGP lead the investment public to believe that they were preparing to conduct a hot test run at the unamed Cement Plant. In fact in the Feb 2012 press release, GTGP stated:
"We have set aside two weeks in March, when the cement plant begins operation after the winter closure, to start a hot three day run in their system with both the MSE engineers and the engineers present at the plant as the final step for contract negotiations."
HOWEVER, in an April 25, 2012 press release, GTGP revealed the test results and that the test was not a hot 3 day run at the unamed Cement Plant, but instead it was conducted on a very small "test tube" scale at the MSE testing facilities.
SOUND FAMILIAR?
THE FOUR GTGP PRESS RELEASES
October 31, 2011
http://www.marketwire.com/press-release/global-technologies-group-inc-concludes-successful-technical-discussions-implementation-pinksheets-gtgp-1579708.htm
Global Technologies Group, Inc. (PINKSHEETS: GTGP) (Global), its partner company MSE Technology Applications (MSE) and the personnel from the plant have concluded the final technical discussions for the retrofit and implementation of the MBS technology for the removal of mercury from the emissions and for the disposal of the mercury treated wastes.
January 9, 2012
http://www.marketwire.com/press-release/global-technologies-group-inc-status-of-cement-plant-and-share-distribution-pinksheets-gtgp-1604528.htm
Global Technologies Group, Inc. (PINKSHEETS: GTGP) (Global) announces that we are in the final stages of review and our technology sub-contractor is now arranging for a complete walk through of the plant in conjunction with the plant's engineers for pressure measurements, flow systems and insertion point of MBS. We have determined all the measures and needs for retrofitting the plant in order to meet their goals as well as Global's goal of negotiating a contract for that project.
February 21, 2012
http://www.marketwire.com/press-release/global-technologies-group-inc-final-results-of-cement-plant-technical-meetings-pinksheets-gtgp-1622243.htm
Global announces after technical and onsite discussions between MSE Technology Applications engineers and the chemical and operational engineers of the cement plant last week we have all agreed to use the IFS2C process to inject IFS2C directly into the stack gasses for reduction treatment and removal of Mercury. This decision allows Global to use this process, which was successful in the treatment of Mercury in power plants in the past, to make it more efficient to be utilized by all cement plants without any major retrofit to existing plants.
We have set aside two weeks in March, when the cement plant begins operation after the winter closure, to start a hot three day run in their system with both the MSE engineers and the engineers present at the plant as the final step for contract negotiations.
April 25, 2012
http://www.marketwire.com/press-release/global-technologies-group-inc-results-of-cement-plant-mercury-emissions-testing-pinksheets-gtgp-1648645.htm
Global Technologies Group, Inc. (PINKSHEETS: GTGP) presents report dated April 20, 2012 for Mercury emissions testing completed by MSE Technology Applications, Inc.
yes, the details of the GTGP dividend are here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79762482
you are missing the point
this is where Fallacaro is benefiting with the false and misleading press releases and false and misleading SEC filings such as the fraudulent sublicense agreement filed with the SEC which artificially increased the stock price by 70% and the trading volume by 100x
the issuance of those 18 million GTGP shares
GTGP REVOCATION BY SEC ON MONDAY?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80249056