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No, nothing has changed. Those who had shares in GTGP at the close on Dec 23rd will get the same number of shares in the holding company.
Just a few reasons we believe MSE to be the target company to be acquired. Notice any similarities?
From the MSE website:
In September 1996, MSE acquired and successfully privatized the WETO facility. In 2001 the facility was renamed the Mike Mansfield Advanced Technology Center in honor of Senator Mike Mansfield, and it has become a nationally recognized facility.
http://www.mse-ta.com/company/companyoverview.html
Global Technologies Group, Inc. in Negotiations to Acquire a Nationally Known Company Encompassing a Premier Testing Facility...
Date : 11/18/2010 @ 9:00AM
From the MSE website:
The MSE Test facility, named the Mike Mansfield Advanced Technology Center (MMATC), situated in Butte, Montana, houses equipment and systems to test components, equipment, and energy/material handling systems ranging from bench-scale apparatus through engineering-scale demonstrations and full-scale equipment development. The facility buildings and infrastructure combine to offer customers a complete testing center - with indoor and outdoor testing areas, test bays, utility systems, and welding, fabrication, and machine shops that allow for on-the-spot changes and fabrication or modification of one-of-a-kind components.
http://www.mse-ta.com/facility/msefacility.html
Global's PR dated 11/18/2010
Global Technologies Group, Inc. (Pink Sheets: GTGP) has been in ongoing discussions for the acquisition of a company known for its research, development and deployment of commercial projects in waste treatment, environmental remediation, advanced materials, energy conservation, and other innovative technology areas. The company’s processes for technology development include bench-scale apparatus, engineering-scale demonstrations and full-scale equipment development.
Maybe MSE isn't the intended acquisition target. It could be MERDI which owns MSE and several other businesses in related industries.
MSE is owned by Montana Economic Revitalization and Development Institute, or MERDI. The head of MSE works at the pleasure of the MERDI board of directors.
Jim Kambich, president of MERDI, said it was Ruffner's decision to leave and he was not forced out.
http://mtstandard.com/news/local/mse-s-ceo-resigns/article_0927cc9c-373d-11e1-ab02-001871e3ce6c.html
Done deal maybe???
I have a feeling you're right Doc!
Pro got "something by Monday" from Jim. With the resignation of Jeff Ruffner (MSE CEO) maybe this next PR will be the big one? I wonder if it's just a coincidence...Choi had a nice find with this piece of info!
B2B, Take a look at my posts today.
No problem bud! I've looked into everything short of calling and harassing Global's licensor's that Jim told me has been happening. Not cool and there are NDA's in place anyway so I'm not sure what some are expecting to get by doing so?
On iPad and can't edit post. Correction: it's the July 13th PR. Check it out.
Like I said, it is still under review and hasn't been awarded yet. As for clearances to do the work below is from the june 13th PR.
As our group has the most outstanding technologies in most areas of remediation, hazardous and low level nuclear waste with previous and ongoing projects with the department of Defense, Department Of Energy and all the necessary clearances for work to be done on sensitive restricted sites, we feel confident that we will be part of any projects awarded. This same strategy will also apply in the event there are several companies chosen for various projects within the scope of the submission.
It hasn't been awarded yet. Is this what you're searching for?
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
Posted: 06/03/11
SPONSOR: N62470 NAVFAC ATLANTIC Code AQ 6506 Hampton Blvd, Building A Norfolk, VA
PUBLICATION DATE: June 5, 2011
ISSUE: FBO-3480
The delay of this contract should have given Global plenty of time for this:
"allows us to deal directly with the companies in advance of the contract awards"
Any way you slice it...Global or MSE will be a part of this contract when it is rewarded...just not directly awarded to us by the Navy is all.
The PR covering this topic released on July 13th is below for review. I've bolded the part that I think most here are missing or forgot about.
Global and its partner companies have reviewed, over the last few weeks, the solicitation program for remediation projects and evaluated all "interested parties" submissions. As the submissions are for any company that has the appropriate Department of Defense validation codes and clearances in specific areas of technology and for most large projects that do not have the ability to cover all types of remediation, they will need to utilize sub-contractors for specific remediation treatment uses. The major companies that are in this list will act as the general contractors.
We have found that several of the largest "interested parties" are companies that have been or are currently working on projects with and have direct relationships with M2 Polymer and MSE Technologies.
In reviewing Globals strategy, the group has decided it is in their best business interests to send the compiled information on Global, M2 and MSE to the companies that we have ongoing relationships with. This strategy enables us to bypass the normal solicitation as a standalone general contractor and deal specifically on the technologies controlled by us and allows us to deal directly with the companies in advance of the contract awards.
As our group has the most outstanding technologies in most areas of remediation, hazardous and low level nuclear waste with previous and ongoing projects with the department of Defense, Department Of Energy and all the necessary clearances for work to be done on sensitive restricted sites, we feel confident that we will be part of any projects awarded. This same strategy will also apply in the event there are several companies chosen for various projects within the scope of the submission.
It's not them as they don't revenue in excess of 20mil and they don't have nationally known premier testing facility that I know of.
The clarification from EMHI is why Jim is making changes to the website. That PR released by EMHI was listed under the news section. He removed most under news to clean it up and reorganize the news releases. The bomb is about to be dropped!
Got 10k more sitting there at 8 if anyone wants out. I told myself I wasn't going to buy anymore but my recent communications with Jim have suggested that I should. GLTA GTGP
Just placed an order to pickup those 14k @ .082 and they only filled 9k...hmmm And it isn't showing my remaining shares that haven't filled yet at .082...strange games they play.
You're right Gregg, it makes no sense that Jim would risk ruining his reputation at this juncture. I believe that Jim Fallacaro is the only real honest straight shooter in this situation. In Jim's latest response to me via email...he ended it like this. In the CEO's own words:
"As far as the website and comments about changes he claims were made, I
look forward to the next set when he sees what has changed."
Sounds good to me! GTGP
And with Jim's permission...here you go.
Hello xxxx
Actually, changes that are being made are to put chronologically the
releases in order and to place all the material back in. The only thing
being removed is the EMHI shareholder release which stated that EMHI had
a JV with MSE which of course they didn't. They did print a retraction
which came out today, but since it wasn't a GTGP release we decided to
take it down. The poster you are talking about is facing a lawsuit which
he will receive shortly for his misstatements of fact both on the board
and in private messages which have been sent to our attorneys as well.
Jim Fallacaro
President.
Exactly, if it isn't MSE then it's another company VERY similar to them with revenues in excess of 20mil. I just wasn't able to find another company that has a nationally recognized testing facility like MSE does. Either way, it's big.
I'll just say that the response I got from Jim confirmed my assumption below. If he allows me to post the entire contents of the email I will. Jim isn't messing around guys! GTGP all the way!
You don't believe what?! They didn't contact MSE because I'm sure Jim made the call. Maybe that's why they contacted Jim??
Jim must had left a message asking where they were in the process...they would most certainly call him back! He'll Mary returned my email. We have known all along that MSE and Global didn't submit for the contract because they didn't need to. They many connections to get the majority of this work. Wow, that's all you've got?! HA GTGP
PR after hours?? Who knows!? But I think it's a good sign that GTGP is updating their website in preparation for it...it's gotta be soon.
Dude, I've already posted what was removed. Also, there was a Company Updates section that is no longer there but you can access it by clicking the link below. Appears the tab was removed but the content is still out there.
http://www.glbtech.com/company_updates.asp
I copied this from my browser's cache from last night. So it appears we may get an update today as Pro had suggested.
Exactly right...he is cleaning up and making room...organizing. This is everything that was under the news section of the website last night. Nothing we didn't already know. Enjoy and wait for it...it's coming very soon! :)
East Morgan Holdings, Inc. Shareholder Letter Updating Operations
FORT LAUDERDALE, FL, Jun 17, 2011 (MARKETWIRE via COMTEX) -- East Morgan Holdings, Inc. (PINKSHEETS: EMHI) EMHI today announces status of areas of business of the company to date.
EMHI through its joint venture partner Global Technologies Group, Inc. (PINKSHEETS: GTGP) has executed joint venture agreements with MSE Technology Applications (MSE) Butte Montana (www.mse-ta.com) and M2 Polymer Technologies, Illinois (www.m2polymer.com).
MSE/EMHI/GLOBAL
The current results of these joint venture agreements:
MSE is authoring a report to be presented by them for the Annual Waste Management (WM) Conference, presented by WM Symposia (WMS) http://wmsym.org. The Symposia is widely regarded as the premier international conference on the management of radioactive materials and related topics. WM2012 is the 38th year of the conference and is expected to attract over 2,000 nuclear specialists from over 35 countries, presenting more than 500 papers in over 90 technical sessions. WMS was founded to provide a forum for discussing and seeking cost effective and environmentally responsible solutions for the safe management and disposition of radioactive waste and radioactive materials. This year the conference theme for the WM2012 is: Improving the future in waste management. 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).
EMHI's Joint Venture partner GTGP is spearheading this effort. This is the next step for M2 and EMHI / Global as it puts the new combined technology tested and validated by MSE in front of the major government agencies they work with along with their credentials in this field. M2 and EMHI / Global have also been in contact with several companies that are current clients and contacts of M2 that were interested in the combined new product and were waiting for the final results and validation of the combined technologies which were achieved.
Global Technologies Group, Inc. advised EMHI that it had received verification and final validation from MSE Technologies Applications, Inc. on the successful completion of testing on dual use treatability of contaminated soils with combination of Molecular Bonding System (MBS) and M2 Polymer Technologies, Illinois.
The final optimum percentages were calculated; the dual treatment final testing for TCLP was initiated. The application of proper mixtures was added to the spiked baseline soil samples that were submitted for TCLP analysis on March 11, 2011. On March 28, 2011, Global and M2 were notified that the TCLP results of the combination of both chemicals used can definitely perform simultaneous treatment on heavy metals for dewatering and remediation.
This important final verification of the dual use formulation which encompasses two EPA approved technologies will enable the joint venture companies to commence penetration of the substantial government and private sector market. This will uniquely enable us to take advantage of the combined technologies for major Governmental and private companies' energy related remediation projects and enable each company to expand their penetration of both heavy metal and de-watering cleanup capabilities. "To my knowledge, this new treatment represents the first time a polymer compound and the MBS chemical formulation have been tested successfully and is the first combined formulation to be used for heavy metal remediation," said James Fallacaro, President of Global Technologies Group, Inc.
EMHI/GLOBAL has been asked to provide a design for treatment of mercury for a well-known cement plant along with design features to retrofit the plant to use the MBS process. For this project, we are asking MSE for design and implementation.
It should be noted that the EPA has mandated all cement plants must conform to new regulations requiring the reduction and omission of hazardous metals. Ash from these plants has already been classified as hazardous and the EMHI Licensed Technology MBS has already been tested and proven to correct the ash problem.
M2/MSE is preparing required documents for submission for a 100 million dollar project.
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.
https://www.fbo.gov/?s=opportunity&mode=form&tab=core&id=e89e5ac78d3c8 c5e045250a
posted: 6/03/11 SPONSER: N62470 NAVFAC ATLANTIC Code AQ 6506
Hampton Blvd, building A Norfolk, VA PUBLICATION DATE: June 5, 2011
EMHI has now added the technical and consulting capabilities of MSE to its infrastructure. MSE gives EMHI more than 30 years of engineering and solutions capabilities to offer its clients.
MSE offers diverse engineering services, drilling services (Geoprobe), soil and groundwater sampling, remediation, grout testing, technology testing and prototyping, control and monitoring systems, and a full analytical laboratory to bolster EMHI's operating capabilities.
MSE 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. MSE offers customers focused integrated use of the facilities with an experienced staff.
The MSE Test facility, named the Mike Mansfield Advanced Technology Center (MMATC), situated in Butte, Montana, houses equipment and systems to test components, equipment and energy/material handling systems ranging from bench-scale apparatus through engineering-scale demonstrations and full-scale equipment development. The facility buildings and infrastructure combine to offer customers a complete testing center-with indoor and outdoor testing areas, test bays, utility systems, and welding, fabrication, and machine shops that allow for on-the spot changes and fabrication or modification of one-of a-kind components.
MSE has successfully infused the patented MBS Technology into an energy related product eliminating the potential for metals pollution at the end of the products useful life. Infusion of the MBS Technology into commercial, car and household batteries will be the next target for EMHI. Previous bench scale testing has proven that batteries can be self remediating when the MBS/IFS Technology is infused into them.
EMHI intends to move forward with its effort to build a strong infrastructure through joint venture relationships by utilizing established companies which have an established client base as well as know-how and contacts within the targeted government and private sectors. The additions of GTGP, MSE and M2 Polymer is a major step in this endeavor.
EMHI intends to utilize MSE to determine application costs for use of its remediation technology in coal burning plants. This technology has already proven its ability to effectively reduce both ionic and elemental mercury from coal burning energy plant emissions while remediating the mercury. Coal burning plants currently spend more than $15 billion per year in the United States alone in failed emission control technologies.
About East Morgan Holdings, Inc.
The Company intends to focus its operations on pollution prevention from metal contaminated air emissions from manufacturing plants and on energy products containing heavy metals. The Company's technologies are proven in the remediation of metals in coal combustion gas emitted from coal fired plants, also the Company's technologies have proven capable of eliminating highly toxic mercury and other metals from the ash and waste water which are byproducts from coal fire plants.
The above transaction is subject to and contingent upon all Federal and State regulatory approvals. The foregoing discussion contains forward-looking statements, which are based on current expectations. Actual results, including the outcome of demonstration results, timing and amount of revenues recognized contracts awarded and performed and net income may differ due to such factors as: delays in payment on contracts due to specifications; economic and other conditions affecting the ability of prospective clients to finance projects; and other risks generally affecting the financing of projects. Investors are cautioned to perform a proper due diligence and consult-licensed professionals prior to making an investment decision.
Contact:
Richard Runco
954-380-4600
Global Shareholder Letter
Potential Acquisition
Global has completed all the necessary due diligence of the target company and the only remaining issue to be dealt with is the purchase price. Due to the timing of several large contracts which were entered into in the last few months the purchase price has been adjusted after each new contract was agreed to and accepted by the company to be acquired. As Global is moving through this process of evaluating the value of each new contract, Global is formulating a purchase agreement with its' Investment banker whereby a price will be determined based on the present value of the company to include any additional new contracts which happen prior to a potential closing.
The current results of the joint venture agreements:
M2/MBS MSE is authoring a report to be presented by them to the-the Annual Waste Management (WM) Conference, presented by WM Symposia (WMS), is widely regarded as the premier international conference on the management of radioactive materials and related topics. WM2012 is the 38th year of the conference and is expected to attract over 2,000 nuclear specialists from over 35 countries, presenting more than 500 papers in over 90 technical sessions. WMS was founded to provide a forum for discussing and seeking cost-effective and environmentally responsible solutions for the safe management and disposition of radioactive waste and radioactive materials. This year the conference theme for WM2012 is: Improving the Future in Waste Management. 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).
This is the next step for both M2 and Global as it puts the new combined technology tested and validated by MSE in front of the major government agencies they work with along with their credentials in this field. Both M2 and Global have also been in contact with several companies that are current clients and contacts of M2 and Global and were interested in the combined new product and were waiting for the final results and validation of the combined technologies which were achieved.
With the successful testing of MBS in a power plant for the successful removal of mercury from flu gas, we have been asked to provide a design for treatment of mercury for a well known Cement plant along with design features to retrofit the plant to use the MBS process. For this project, we are tasking MSE for design and implementation. It should be noted that the EPA has mandated all cement plants must confirm to the new regulations requiring the reduction and omission of mercury from their flu gas.
M2/MSE/Global
We are preparing the required documents for submission for this 100 million dollar project with our partners.
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
Posted: 06/03/11 SPONSOR: N62470 NAVFAC ATLANTIC Code AQ 6506 Hampton Blvd, Building A Norfolk, VA PUBLICATION DATE: June 5, 2011
East Morgan Holdings, Inc.. and Solucorp Industries
We are currently compiling all information, testing and background data for all uses of Emhi IFS technology as well as all uses of the MBS technology unrelated to the original license grant between Solucorp and Global.
We are currently in additional negotiations for sub licenses with several companies for use in various parts of the U.S. and the Middle East, for various technologies under license and joint Ventures.
We are also currently reviewing several brown field projects for remediation and redevelopment in several states which includes redevelopment agencies.
Middle East
In Israel, we are working with a well know law group both with offices in the U.S. and Israel regarding the new mandate from the Israeli government that states all hazardous sites in Israel must and will be cleaned up.
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.
For additional information on MSE, MBS, M2 and EMHI please visit our website at WWW.GLBTECH.COM
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
WWW.GLBTECH.COM
Global Technologies Group, Inc. Completes Three Joint Venture Agreements
SARASOTA, FL, May 23, 2011 (MARKETWIRE via COMTEX) -- Global Technologies Group, Inc. (PINKSHEETS: GTGP) has completed three Joint Venture agreements with its licensors and partners related to the following:
A Joint Venture with M2 Polymer, its licensor covering the new validated use of the combined MBS and M2 process for all uses for the single application of the mixture for dewatering and heavy metals remediation. The terms of the Joint Venture are that Global and M2 have agreed to split 50/50 percent of the net profits on all projects requiring that specific use.
Global and Solucorp Industries, its licensor for the MBS technology for heavy metals remediation, has agreed to a Joint Venture for that specific use of the new mixture of MBS/M2 for all types of projects not covered under the original exclusive license grant and it will be 50 percent of net proceeds received by Global. Global's original license is for Brown Fields designated lands, Superfunds, reclamation and redevelopment.
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.
"With the addition of the East Morgan Holdings (EMHI) agreement for the IFS technologies, it gives Global a tremendous extension of depth and reach in the fields of remediation and in the treatment of heavy metals in other industries as well. It should be noted that Global has the exclusive distribution, reseller and purchasing agent agreements with M2 and MSE technology Applications as well," stated Jim Fallacaro, President.
For additional information on MSE, MBS, M2 and EMHI please visit our website at WWW.GLBTECH.COM
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
WWW.GLBTECH.COM
Exactly...it had some but not all the PR's. I'm thinking he is cleaning it up so they will all be there along with some new PR to be released...soon???
Oh really, you have some insider info? HA
Nice find! It was all there last night....Notice at the top it says "currently updating". Jim is getting ready to release a huge update and is cleaning up the website to get ready for it! SWEET!
I should have been keeping up with VHGI. Things are looking better than I thought for WSRA. I've been holding quite a while now and been averaging down scooping up some .008's recently. Pretty cheap at these levels. Glad I've got a back door entry here! GLTA WSRA!
Imcat, I forgot about that...but you're right...WSRA does own 5,000,000 shares of VHGI. I'll have to look through the VHGI 10k to see about them having a 2% interest in producing mines as well. Either way, I believe WSRA is the stock to own out of all of these at its current pps. IMO Q1 should reveal a lot about what is taking place here. Thanks
I agree, Actually, I think there are a number of contracts already signed that we don't know about yet. I think he's waiting to release it all at once...maybe waiting to release all the financials 1st? It's gonna be a good couple of weeks. Happy Happy Happy New Year y'all!
Good advice! I've been relaxed with my investment here the last 6 months but now that it's so close to take off I'm getting the butterflies! :) Have a good new year!
That's right, I remember you saying that now. I musted have overwhelmed him with too many questions. I'm figuring like Gomez said that he is trying to enjoy the holidays instead of answering hundreds if not thousands of emails! I'm sure all my questions will be answered in the next week or two anyway, just hard to sleep at night with my entire pink portfolio invested in GTGP. It was tough early last week not to pocket 20G profit but I know there is much more bling headed our way! Thanks for sharing! Piece out bro!
Does anyone have another email address for Jim that they could share with me via PM? I've emailed him (jimf@glbtech.com) a couple time over the last 2 weeks and haven't heard back. He has responded in the past but it's been a while since I've contacted him. I'm sure he is getting hundreds of emails now and can't possibly respond to them all. If anyone has been in touch with him could you PM me the specifics? Thank yo! Happy New Year y'all!
I guess MSE hasn't finished that technical document yet because it isn't posted anywhere yet. I would like to get my hands on that!
Best part is the last paragraph...another words be in today for news next week. Good heads up
Great post! Should be stickied in place of the outdated and meaningless contest post. NYPDBLUE, can you take care of that for us? Thank you sir