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236T568; have followed your post for the past several days. You, as I had been, were accused of bashing GTG*.
I have never attempted to bash GTG*; meerly stating facts as to how the three companies, GTG*/EMH*/& SLUP related to each other.
That said, I've been put in "time out" for only stating facts as I see them.
I still belive that the SLUP/EMH* contract will be consumated. Question for you though, should this contract be consumated, where does that leave SLUP and EMH* since GTG* has been suspended?
Will EMH* cancel their JV with GTG* and work with SLUP directly?
Thoughts appreciated.
SLUPPY
Maybe EMHI will step up and acquire MSE? EMHI's positioned to do what GTG* was supposed to do.....
SLUPPY
narnia; been throught this with the "other stock" when they were FALSELY accused of spamming. No fun and this suspension was not necessarily warranted; however, it is what it is.
I wonder if all the board posts of GTGP created some kind of lightning rod of attention to the SEC? Be patient and give it a couple weeks and it will all work out.
Wether it remains on the pinks or goes grey, GTGP still has a lot of positives and it will survive this set back.
GLTA
SLUPPY
Quote:
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This is a piece of info some folks hadn't realized from the MBS IFS confusion. Note underlined. IFS is mbs, but put into sub, Intergrated Fixation System Company(IFSC)
If anyone looks at the patent as well, it is a system for delivery of MBS which GTGP is not using.
Business Wire
WEST NYACK, N.Y. -- November 10, 2008
Solucorp Industries Ltd. (OTC: SLUP) has been granted a patent for its Integrated Fixation System (IFS) Mercury Emissions Control technology from the U.S. Patent and Trademark Office (USPTO). U.S. Patent No. 7,407,602 for the application and use of the IFS technology expires on March 24, 2026. IFS has
been successfully demonstrated at live coal fired energy plants to effectively reduce both ionic and elemental mercury emissions from flue gases. All of the IFS technologies contain Solucorp’s patented Molecular Bonding System (MBS) heavy metals remediation technology that reacts with and permanently re mediates all hazardous heavy metals including mercury.
“This current patent, along with the previously granted patents for IFS applications, gives Solucorp important intellectual property protection as we begin to commercialize the IFS technology into the market. Mercury emissions are one of the biggest environmental problems facing the world today. Our IFS
technology has already been successfully demonstrated at several coal fired energy plants and efforts are underway for the commercialization and use of the technology in the coal generated power industry. IFS is a cost effective and proven, permanent solution for dealing with the mercury emissions problem,” stated Noel E. Spindler, President of Solucorp’s Integrated Fixation
System subsidiary.
About Solucorp Industries Ltd.
Solucorp Industries Ltd., www.solucorpltd.com is a developer and provider of cost effective, permanent technologies for the remediation and prevention of hazardous heavy metal (including lead, mercury, arsenic, chromium, copper, zinc, nickel, selenium and cadmium) contamination. Solucorp is the owner of several patents and numerous additional patents that are pending. Solucorp Industries Ltd. has three wholly owned subsidiaries: Solucorp Industries, Integrated Fixation System Company, Inc., and WITS, Inc.
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P1; understand this. GTGP has the rights to SLUP's IFS technology in India and China; but not the United States. This is why GTGP has not issued any further PR's in relationship to the Ash Grove cement plant's run. The Ash Grove contract is with SLUP; not GTGP!
GTGP needs the SLUP/EMHI contract to be completed; which will be done; probably this week. That's the only way GTGP will have access to the IFS technolgy in the United States.
There is a BIG difference between MBS technology and IFS technoloby!
As for SLUP issuing any PR's; I wouldn't hold you breath. It will come from EMHI.
SLUPPY
This is a piece of info some folks hadn't realized from the MBS IFS confusion. Note underlined. IFS is mbs, but put into sub, Intergrated Fixation System Company(IFSC)
If anyone looks at the patent as well, it is a system for delivery of MBS which GTGP is not using.
Business Wire
WEST NYACK, N.Y. -- November 10, 2008
Solucorp Industries Ltd. (OTC: SLUP) has been granted a patent for its Integrated Fixation System (IFS) Mercury Emissions Control technology from the U.S. Patent and Trademark Office (USPTO). U.S. Patent No. 7,407,602 for the application and use of the IFS technology expires on March 24, 2026. IFS has
been successfully demonstrated at live coal fired energy plants to effectively reduce both ionic and elemental mercury emissions from flue gases. All of the IFS technologies contain Solucorp’s patented Molecular Bonding System (MBS) heavy metals remediation technology that reacts with and permanently re mediates all hazardous heavy metals including mercury.
“This current patent, along with the previously granted patents for IFS applications, gives Solucorp important intellectual property protection as we begin to commercialize the IFS technology into the market. Mercury emissions are one of the biggest environmental problems facing the world today. Our IFS
technology has already been successfully demonstrated at several coal fired energy plants and efforts are underway for the commercialization and use of the technology in the coal generated power industry. IFS is a cost effective and proven, permanent solution for dealing with the mercury emissions problem,” stated Noel E. Spindler, President of Solucorp’s Integrated Fixation
System subsidiary.
About Solucorp Industries Ltd.
Solucorp Industries Ltd., www.solucorpltd.com is a developer and provider of cost effective, permanent technologies for the remediation and prevention of hazardous heavy metal (including lead, mercury, arsenic, chromium, copper, zinc, nickel, selenium and cadmium) contamination. Solucorp is the owner of several patents and numerous additional patents that are pending. Solucorp Industries Ltd. has three wholly owned subsidiaries: Solucorp Industries, Integrated Fixation System Company, Inc., and WITS, Inc.
As many have stated including you, the jv means nothing with emhi statements you posted, They never paid for it. In addition, if emh doesn't own the rights, they are entitled to nothing. Maybe that is why solucorp gave gtgp the exclusive for cement plants in China and India. Guess Solucorp still owns the patent.The release you included in your post is also a year plus old what happened to all that?
Global Technologies Group, Inc. Completes Three Joint Venture Agreements Date : 05/23/2011 @ 10:32AM
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
http://ih.advfn.com/p.php?pid=nmona&article=47790087
In ADDITION:
East Morgan Holdings Inc. Finalizes Energy Intellectual Property and Patent Acquisition Agreement
The agreement requires EMHI to pay $25 million in cash which will be raised from private investors, existing contracts and percentages of revenues to Solucorp and 75% of its commons shares to be distributed to Solucorp Shareholders, giving an estimated two shares of EMHI for every three shares of Solucorp held by Solucorp shareholders. The monies will be paid to Solucorp in increments throughout the life of contract.
Solucorp will also receive royalty payments equal to 5% of EMHI’s gross profit commencing July 1, 2012 and will be EMHI’s exclusive supplier of the MBS chemical reagents.
http://ih.advfn.com/p.php?pid=nmona&article=45553871
This contract is close to being consumated. And if not, then SLUP will negotiate a deal directly with GTG*.
Global Technologies Group, Inc. Completes Acquisition Of Exclusive License From Solucorp Industries Ltd.
SARASOTA, Fla. Oct. 20 /PRNewswire-FirstCall/ -- Global Technologies Group, Inc., (OTC Pink Sheets: GMUS), formally know as Global Music International, has completed the acquisition of an exclusive Brownfield license to utilize MBS technology from Solucorp Industries Ltd. (OTC Pink Sheets: SLUP) for $4.0 million in preferred stock.
http://www2.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/10-20-2008/0004907144&EDATE=
The preferred stock translates into common on a three for one basis. SLUP, indirectly, is a major shareholder of GTG* common stock.
THREE MASSIVE CONTRATS/JOINT VENTURES FOR SLUP. AS GTG* GOES; SLUP WILL FOLLOW.......Just give it some time.
SLUPPY
I can relate pawnee33!! LOL
SLUPPY
GTGP's JV with EMH*:
http://finance.yahoo.com/news/East-Morgan-Holdings-Inc-iw-4139059521.html?x=0&.v=1
Pink & Grey Sheet definitions:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56617833
A reminder:
EMHI Builds Infrastructure Seeking to Enter Energy Industry Emissions and Remediation Markets
Companies:East Morgan Holdings, Inc.Global Technologies Group, Inc.
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EMHI.PK 0.24 +0.01
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Press Release Source: East Morgan Holdings, Inc On Thursday April 14, 2011, 3:07 pm EDT
FORT LAUDERDALE, FL--(Marketwire - 04/14/11) - East Morgan Holdings, Inc (Pinksheets:EMHI - News) reports that efforts continue to seek out energy industry and other manufacturing companies in need of the patented IFS-2c and other IFS Technologies, which are under an impending contract to be acquired from Solucorp Industries Ltd.
The number of companies which could utilize the IFS-2c and other IFS technologies and the annual size of the markets are staggering and in the billions of dollars annually. EMHI in conjunction with its consulting engineering company, MSE Technologies Applications, have successfully integrated the Company's IFS process technology into an energy company's product and expect to receive a $1.7 million intellectual property payout in 2011. Royalty payments of $1.5 million per year and chemical sales revenues are also expected to commence in 2011.
EMHI has been in negotiations with the U.S. military through its agent, retired Colonel Sandy Pogue, to infuse the IFS-2c coal burning power plant mercury and other metals remediation system into working power plants located at Forts Hood and Bliss in order to document the cost effectiveness associated with mercury removal from coal burning power plants stacks and reconfirm the remediation of the contaminated ash by-product. The process to integrate the system into the power plants has already been approved by the Council of Colonels at (Fort Hood), and the Army 3rd Core. Final approval is currently in the hands of Forscom Headquarters. Colonel Pouge has already informed us that Solucorp's Preferred Customer listings with all the branches of the Military are being re-activated and all energy related products and processes will be re-attributed to EMHI.
The IFS-2c has already proven its ability to remove both ionic and elemental mercury, sufficient to meet impending, stringent clean air regulations previously considered by the power plant industry as cost prohibitive and non-attainable. Tests were conducted by Energy & Environmental Research Center and Babcock and Wilcox and other prominent industry companies. The power plant air emissions remediation market in the U.S. is estimated to be about $15 billion annually and about the same in Europe.
On August 6, 2010 the EPA issued amendments to the Portland cement manufacturing regulations and new source performance standards. The amendment was set in place to reduce annual mercury emissions by an estimated 92 percent. Existing kilns must comply within three years of this rule. New kilns built after May 2009 must comply at startup or within sixty days after the rule is published. There are an estimated 181 Portland cement kilns that will be operating at 100 different facilities throughout the United States by 2013. The amended air toxic requirements will apply to 158 of those kilns. The cement industry is the third largest producer of mercury emissions in the U.S.
The Company through the use of its technologies has the ability to not only reduce elemental and ionic mercury in flue gas emissions, as discussed in a press release dated July 24, 2008, but it can also remediate any other heavy metal contaminated waste streams that are present. These technologies have already been proven extremely effective in coal-fired power plants. The Company intends to contact all of the cement plants affected by these regulations and is currently working with a cement plant to design a system, which will meet both the revised ash and impending air emissions regulations by injecting the IFS-2c technology into its manufacturing process.
EMHI intends to actively pursue its newly purchased IFS battery technology which was featured in the Battery and EV Technology publication. An excerpt from the article follows: "A new environmental technology can prevent toxic metals from batteries and other products from leaching into soils and water. Solucorp Industries, Inc. has developed a technology called Integrated Fixation Systems (IFS) that works with the company's Molecular Bonding System (MBS) so that chemicals reagents that chemically bind heavy metals in contaminated soil can now be incorporated into lead acid and nickel cadmium batteries, as well as other products at the time they are made."
EMHI has entered into an agreement with Global Technologies Group (Pinksheets:GTGP - News) Inc. to utilize Global and their partner companies and licensors, MSE Technology Applications, Inc and M2 Polymer to penetrate the energy markets via the group's broad contacts in all aspects of the uses for the EMHI patents. Global, MSE and M2 Polymer have been working with the MBS process and they are familiar with the MBS viability for use as a heavy metals treatment. Global will use its best efforts to bring the various uses to the combined companies and their contacts as well.
EMHI has filed a registration statement for its securities with the SEC. Upon approval, it will clear the way for fulfillment of the Company's plan to apply for a listing on a National Stock Exchange. The Company currently trades on the electronic Pink Sheets. The Company has identified a prominent Board of Directors and President, who have accepted their positions upon receipt of an Officers and Directors Liability Policy and finalization of impending contracts.
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 dealings with governmental and foreign entities; fluctuations in operating costs associated with changes in project 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.
Here ya go Topfuel:
OTC Markets Group, Inc. (OTCQX: OTCM), headquartered in New York City, operates a financial marketplace platform providing price and liquidity information for almost 10,000[3] OTC securities. OTC-traded securities are organized into three marketplaces to inform investors of opportunities and risks: OTCQX, OTCQB and OTC Pink.
The company was first established in 1913 as The National Quotation Bureau (NQB). For decades, the NQB reported quotations for both stocks and bonds, publishing the quotations in the paper-based Pink Sheets and Yellow Sheets respectively. The publications got their names from the color of paper they were printed on. In September 1999, the National Quotation Bureau introduced the a real-time Electronic Quotation Service[4]. The National Quotation Bureau changed its name to Pink Sheets LLC in 2000 and subsequently to Pink OTC Markets in 2008. The company eventually changed to its current name, OTC Markets Group, in 2010[5] . Today, a network of over 160 broker-dealers price and trade a wide spectrum of securities on the OTC Markets platform[5].
To be quoted on the platform, companies are not required to file with the SEC, although many choose to do so[6]. A wide range of companies are quoted on OTC Markets, including firmly established foreign firms[7], mostly through American Depositary Receipts (ADRs). In addition, many closely held, extremely small and thinly traded US companies have their primary trading on the OTC Markets platform.
Many foreign issuers adhere to the listing requirements of qualified Non-US Stock Exchanges[8] and make their home country disclosure available in English[9]. There are also a significant number of US issuers who are current in their reporting to regulators[10] such as the U.S. Securities and Exchange Commission or make available ongoing quarterly and audited annual financial reports through OTC Markets Group[9]. Many companies in the lower market tiers of the OTC categorization system do not meet the U.S. listing requirements for trading on a stock exchange such as the New York Stock Exchange or NASDAQ. Many of these issuers do not file periodic reports or make available audited financial statements, making it very difficult for investors to find reliable, unbiased information about those companies. For these reasons the SEC views many of the lower tier companies traded on OTC Markets as "among the most risky investments"[11] and advises potential investors to heavily research the companies in which they plan to invest.
[edit] Market tiersOTC Markets Group established a categorization system to indicate the level of financial and corporate disclosure provided by the companies using its quotation system. Apart from the OTCQX tier, the disclosure categories do not signify issuer quality or merit of any security. Categorization is based on the level and timeliness of a company's disclosure and OTCQB and any of the OTC Pink categories can include both high quality as well as speculative, distressed, or questionable companies. Investors are encouraged to use caution when considering many these companies for investment[10].
[edit] OTCQXThe OTCQX tier includes both large cap multinational and domestic growth companies. OTCQX companies are required to have the highest financial and operational standards in the over-the-counter equity market[12] . To be traded on this tier, companies undergo a qualitative review by OTC Markets Group[13]. Companies are not required to be registered with or reporting to the U.S. Securities and Exchange Commission (SEC), but must post financial information with OTC Markets Group. In addition, US companies must be ongoing operations (no shells etc) and may not be in bankruptcy, while foreign issuers must meet the requirements of qualified Non-US exchanges. [9][14]. Additional oversight of OTCQX securities is provided by requiring every issuer to be sponsored by approved third-party investment banks or law firms, called Principal American Liaison (PAL) for non-US issuers and Designated Advisors For Disclosure (DADs) for US issuers[12][9][14].
[edit] OTCQBOTCQB companies must be registered with and reporting to the SEC or a U.S. regulatory agency. There are no financial or qualitative standards to be in this tier.
[edit] OTC PinkOTC Pink is an open marketplace that has no financial standards or reporting requirements. The stock of companies in the OTC Pink tier are not required to be registered with the SEC. Companies in this category are further categorized by the level and timeliness of information they provide to investors and may have current, limited or no public disclosure. OTC Pink securities range from shells and highly speculative development stage companies to international names.
[edit] OTC Pink Current InformationCompanies that have submitted information no older than six months to the OTC Markets data and news service or have made a filing on the SEC's EDGAR system in the previous six months are rated as having current information. This category includes shell companies or development stage companies with little or no operations as well as companies without audited financial statements.
[edit] OTC Pink Limited InformationCompanies that are unwilling or unable to meet OTC Markets' Guidelines for Providing Adequate Current Information but have submitted some but not all of current information required are rated as having limited information. These are often companies with financial reporting problems, economic distress, or in bankruptcy.
[edit] OTC Pink No InformationThis tier indicates companies that are unwilling or unable to provide disclosure to the public markets. Companies in this category do not make current information available via OTC Markets disclosure and news service, or if they do, the available information is older than six months. This category includes defunct companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Securities of publicly traded companies that are not willing to provide information to investors are considered highly risky.
[edit] Caveat emptor - buyer bewareThere is a public interest concern associated with the company. This may include a spam campaign, stock promotion or known investigation of fraudulent activity committed by the company or insiders. During a spam campaign, any stock that is not in the Current Information category will also have its quotes blocked on otcmarkets.com.
[edit] Other OTC marketsMain article: Over-the-counter (finance)
[edit] OTCBBThe OTC Bulletin Board (OTCBB) is a listing of securities that are also traded "over the counter" similar to the OTC Markets. OTCBB companies are required to file timely reports to a US regulatory agency. Almost all OTCBB companies are also quoted via OTC Markets' electronic quotation system.
[edit] Grey MarketSecurities that are not listed on any stock exchange nor formally quoted on OTC Markets or OTCBB are considered to be in the Grey Market. Unsolicited transactions are processed independently and not centrally listed or quoted. Trades are reported to a self-regulatory organization (SRO), which then passes the data on to market data companies.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56617833
SLUPPY
Once again nar, this is about the remediation of brownfields utilizing S*UP's MBS technology. Much different than the IFS technology; which GTGP will only have access to with their JV with EMH*.....
Also again, GTGP is not providing the IFS technology to the Ash Grove cement plant test run......IF so, where are the test results from GTGP? Acording to this Board, these results should have been provided weeks ago!
EMAW
The SLU*/EMHI contract is moving forward.
Should be consumated in about two weeks; from my personal sourse.
At that point in time GTG* will have access to the IFS technology for the United States, for cement and power plants. But not until then. This is why GTG* hasn't issued any (further)statements about the cement plant run. And even then GTG* does not have the contract with the Oregon power plant run.
Something is NOT right? What I've written above is right. It is proven by the lack of GTG* making ANY further announcements regarding the cement plant run, as Jim was told to STOP IT!
GTG* can't even get its ducks in a row with the acquisition of MSE. Now that is something that is NOT right!
Anyway go EMHI/SLU*&/GTG*
SLUPPY
Test Results - I'll say it one more time; GTGP does not have the contract with the Ash Grove cement plant. Only time will prove me right.
Contracts from Ash Grove - What about you JV with EMH*? EMH* will be doing the contracts for cement and power plants; utilizing IFS technology.
EMAW
Nice find/post narnia. I have never seen that document before.
SLUPPY
My source? The Horse's Mouth!
SLUPPY
The EMHI/SLUP deal is two weeks away. Confirmed today.
And will be 3 for 2; not 2 for 1.
SLUPPY
P1; GTGP does not have the right to SLUP's IFS technology in the United States. GTGP will get these rights when SLUP and EMHI complete their contract; through GTGP's JV with EMHI.
Therefore, it is clear that SLUP has provided the IFS technology for the cement plant's test, and accordingly, MSE/GTGP are only providing the retrofit.
narnia, I agree with your post, 116. I'll be more than happy to have a 50/50 deal with GTGP/EMHI, or whomever.
EMAW
Based on today's volume of GTGP it would seem to me that SLUP's cash register is ringing today, i.e. selling some of their GTGP common shares.
GTGP folks just can understand that they have no rights in the cement plant run for IFS technology. And they won't have until EMHI and SLUP complete their agreement.
SLUPPY
Don't forget, that 'other' company still has preferred shares that convert to common. Would guess it equates to still @ 10,000,000 of common shares.
EMAW
efrky; you ask some very valid questions.
I do know that SLUP has/had 4,000,000 shares of preferred GTGP stock, which translates to having/had 12,000,000 of GTGP common stock. Some of the preferred has been converted to common and sold. How much? Dunno for sure but would guess still about 10,000,000 shares.
Someone brought up the risk/reward for trading SLUP. I'm sure you probably know my answer to this question, as GTGP and EMHI were both trading at 5 cents or lower over the past 12 months. Those buying (perhaps you) at this level have been handsomly rewarded. But also, both were trading at SLUP's current level under 20 cents just a few weeks ago; and all those that bought at that level have done extremely well too.
As for revenues going forward for SLUP, take a look at the EMHI post I made today.....a deal that I think will get done. As for future revenues for SLUP from GTGP, I remember an announcement for the deal current deal in place (4,000,000 preferred) with GTGP, but don't remember and can't find the entire contract made.
P1; my source is not one of the 'consultants' that you reffered to in a previous question of me.
SLUPPY
I too agree with narnia, for the most part.
However, it is my understanding that EMHI and SLUP are near in finalizing their deal; albiet the agreement was made on December 7, 2010. Below is the Agreement and the only thing that might change (that I'm aware of) is that SLUP shareholders may only receive one share of EMHI for every two shares of SLUP they own versus the two for three as outlined below.....
SLUPPY
East Morgan Holdings, Inc. Finalizes Energy Intellectual Property And Patent Acquisition Agreement With Solucorp Industries Ltd.
Tuesday, 7 Dec 2010 12:40pm EST
East Morgan Holdings, Inc. announced that it has finalized an agreement with Solucorp Industries Ltd. to purchase Solucorp's intellectual property as it relates to the energy market, including but not limited to its IFS-2C Patented Mercury Emission Technology, (US 7,407,602 B2, August 5, 2008). This purchase agreement includes all energy related patents, patent pending applications, and intellectual rights along with their know-how. The agreement requires East Morgan Holdings to pay $25 million in cash which will be raised from private investors, existing contracts and percentages of revenues to Solucorp and 75% of its commons shares to be distributed to Solucorp Shareholders, giving an estimated two shares of East Morgan Holdings for every three shares of Solucorp held by Solucorp shareholders. The monies will be paid to Solucorp in increments throughout the life of contract. Solucorp will also receive royalty payments equal to 5% of East Morgan Holdings' gross profit commencing July 1, 2012 and will be East Morgan Holdings' exclusive supplier of the MBS chemical reagents.
erky; you are correct that it's difficult to do much dd on this stock, as they haven't released much information.
This said, are there any questions that I might be able to answer for you? I suggest you read my posts on this board, as I have posted about all the information I know that I've received from SLUP's management.
I'm with BISer; believe there is HUGE upside potential from this current pps.
SLUPPY
Looks like the trading the past couple of days are with .17 - .18 as sellers and .19 - .20 as buyers. Would be nice to see 20 cents broken with some substantial volume.
EMAW
What a great and steady run!!
Show: Daily | Weekly -
Date Open High Low Close Volume
Aug 27, 2012 0.74 0.80 0.72 0.75 42,883
Aug 24, 2012 0.55 0.70 0.55 0.70 43,650
Aug 23, 2012 0.62 0.64 0.60 0.64 53,750
Aug 22, 2012 0.60 0.62 0.50 0.62 36,428
Aug 21, 2012 0.52 0.58 0.50 0.58 47,100
Aug 20, 2012 0.48 0.52 0.35 0.50 79,801
Aug 17, 2012 0.35 0.48 0.35 0.48 48,684
Aug 16, 2012 0.45 0.45 0.45 0.45 2,000
Aug 15, 2012 0.40 0.45 0.40 0.45 23,755
Aug 14, 2012 0.40 0.45 0.40 0.40 36,500
Aug 13, 2012 0.33 0.40 0.33 0.40 10,000
Aug 10, 2012 0.30 0.40 0.30 0.35 18,112
EMAW
HavnPhun, have the two questiions that I asked of the board yesterday been answered. If so, I've missed it.
SLUPPY Monday, August 27, 2012 5:08:29 PM
Re: HavnPhun post# 51013 Post # of 51295
Thanks for the very informative post HavnPhun! It clearly shows that GTGP has aquired for licenses of SLUP's IFS2c technology for India and China, a great deal for GTGP. Do you happen to know what GTGP paid SLUP for these two licenses?
Also, could you provide the link that shows were GTGP has aquired the license for the IFS2c technology in the United States?
All are welcome to help with the answers to these two questions.
All this said, I think I have a pretty good idea as to what/who was driving this stock lower today.....But it won't last forever. Go GTGP; a great buy at this level, IMO!!
EMAW
Thanks for the very informative post HavnPhun! It clearly shows that GTGP has aquired for licenses of SLUP's IFS2c technology for India and China, a great deal for GTGP. Do you happen to know what GTGP paid SLUP for these two licenses?
Also, could you provide the link that shows were GTGP has aquired the license for the IFS2c technology in the United States?
All are welcome to help with the answers to these two questions.
All this said, I think I have a pretty good idea as to what/who was driving this stock lower today.....But it won't last forever. Go GTGP; a great buy at this level, IMO!!
EMAW
narnia; I would guess as long as SLUP is on the grey's, they won't share much, if any, information. Thus I can only post what I learn from direct conversations; no links available.
And thanks for the PM.
EMAW
Yes P1; and possibly South America? But for GTGP to get rights to IFS technology for the US, they can only get it through the JV they have with EMHI. However, EMHI has not closed on its contract with SLUP.
EMAW
Great post narnia! Do you happen to know of any other companies trading in the 10 to 20 cent range?
EMAW
That's what the contract says; and I have no reason to believe otherwise. EMHI really needs to execute the contract with SLUP; otherwise, their joint venture with GTGP has no technology.
SLUPPY
I may or not be in my right mind; however, have done very well trading this stock. Bought more Friday.
Yes, it's trading on the grey market; however, they still own the technology that everyone wants. As deals are made, the cash will keep rolling in the door.
SLUPPY
SLUP is up 300% over the past two weeks......and it's not done running yet!
SLUPPY
Then what financials narnia?
SLUPPY
P1; the good thing is that SLUP will not 'dump' any converted shares. It will be slow and steady and no one will ever know when it's happening.
SLUPPY
Not exactly. When SLUP sells shares of GTGP the cash goes into the asset side of their balance sheet.
SLUPPY
Last I heard, they had converted @ 2,000,000 shares to common. I doubt they are callable and I don't know specific details of when the shares must/will be converted. But you can understand how problematic if would be if they were all coverted at once.
As for a 'strike price,' I would only assume the value would be that of whatever GTGP is trading at time of converstion.
As for filings, etc., that is the beauty (term used lightly) of a company being on the grays, they don't have to report anything to anybody.
So until that changes, which I believe it will (when, no idea) at some time in the future. In the meantime, they have so much in their pipeline it is mind boggling as to what their PPS is or will be worth in the future.
Good luck next week with GTGP PLAYER1! You hopefully understand why......
SLUPPY
solucorp industries (SLUP) Key Developments
Global Technologies Group, Inc. Announces Joint Venture Agreements with Solucorp Industries
May 23 11
Global Technologies Group, Inc. announced Joint Venture agreements with Solucorp Industries, Ltd. Solucorp Industries 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% 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.
Rrnky, Solucorp received 4,000,000 prefered shares of GTGP in payment for their joint venture, etc., with GTGP. The shares convert (over time) to common stock on a 3 for 1 basis.
SLUPPY
And don't forget the 2 for 3.....SLUPPY