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HavnPhun, sure no problem
your post
choifunds, actually based on the fact that it has now been 7 years that GTGP has failed to file GAAP financials with the SEC, the likelihood of the SEC REVOKING the GTGP registration of all of its securities so that the common stock will not trade IS VERY HIGH, and increasing by the day.
Tell us, has the CEO of GTGP ever had a public company which he headed get their securities REVOKED for failure to file financial statements with the SEC?
jcwillis, thanks for the comments
there is much much more info coming
keep your eyes peeled
what stockholders of GTGP have to realize here is that at any point in time and without warning
WHAM - the SEC can revoke the registration of GTGP for failure to file 10K's and 10Q's - it has been 7 years now with a GTGP GAAP 10K and 10Q filed.
Ripnrog, thanks for the part paragraph that you posted
did it come from a GTGP press release?
why did you again fail to post the full press release, including the date of the press release?
Is it because in the other part of the press release, GTGP was again caught making a false and misleading statement?
the link to the press release and the text is posted below
take a look at the bold underlined showing the false and misleading statement made by GTGP
seven, sorry but having 98% of this board wishing that the EPA and DOE Benchmark for MBS is coming does not mean that it will happen
good try though
opt, the inventor the the Solucorp MBS technology has patented an new, more advanced, MBS technology for cement/power plants recently
I hope this helps
stevesox, sorry but the DOE and EPA will NOT designate the GTGP MBS technology as Industrial Benchmark.
It certainly is fun to dream about this though, isn't it?
mbumpt, actually there is a good possibility that the acquisition of MSE will NOT get done by December 31, 2012, if ever
good luck though
himotephe, nope
GTGP failed to post the heading on its website because the heading was false and misleading
seven, you seemed to have missed this post:
http://investorshub.advfn.com/boards/read_msgs.aspx?board_id=13159&NextStart=56923&BatchSize=10
seven, sorry but the DOE and EPA will NOT designate the Solucorp/GTGP MBS technology as Industrial Benchmark
keep wishing though!
theslybat, sorry but the MSE acquisition will NOT close tomorrow, Sept. 14th
In fact, it will not close by the next week either
but keep hoping!
GTGP - Did this company issue a press release with a false and misleading title?
sometimes it is what is NOT included in a company website that is important
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79526358
Ripnrog, thanks for posting the June 26, 2012 GTGP press release
here is the link that you posted:
There will be NO benchmarks issued by the EPA/DOE for any of the GTGP products
Gomez, huh?
Ripnrog, what is this?
why don't you post the full press release where GTGP makes this statement, if it exists at all.
GTGP - The MBS (Molecular Bonding System) technology used by GTGP for Cement Plants is OBSOLETE
THE PATENTS - THE MBS PROCESS USED BY GTGP FOR CEMENT/ENERGY PLANTS IS OBSOLETE
[note: Solucorp (SLUP) is the JV partner of GTGP for cement plants]
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)
GTGP - The truth finally comes out on the benefit by GTGP in the power/energy plant sector
THE EXCLUSIVE WORLDWIDE LICENSE FOR MBS FOR POWER/ENERGY PLANTS FOR 10 + 5 YEARS WAS SOLD TO A THIRD PARTY IN 2008 FOR $2.0 MILLION
GTGP CANNOT BENEFIT FROM MBS USE BY POWER/ENERGY PLANTS
http://www.sec.gov/Archives/edgar/data/880984/000114420408029515/v114684_8k.htm
This is the reason why GTGP only discusses the 50/50 JV with Solucorp for cement plants
and never discusses energy/power plants use of the MBS product
actually NO!
The EPA and DOE did not ask GTGP for the results of the cement plant tests.
It was GTGP that claimed this
as it VOLUNTEERED to offer the data
seven, thanks for the info
yes, I would expect any entity that has tests involved in removing mercury from cement plant flue gases would disseminate the info to the DOE and EPA and to other similar plants.
Why would they not do this?
next, GTGP was specifically told by its auditors that the financial statements filed with the SEC for the period Jan 1, 2006 to September 30, 2007 could not be relied upon because they needed to have material adjustments.
GTGP, fully knowing that these financial statements could not be relied upon and contained false and misleading data, filed them with the SEC anyway on Sept. 2011.
Hence, GTGP filed false and misleading financials statements with the SEC
no more
no less
actually, to start with, the words that you claim are my words and are in quotation marks, are not my words
here is my post that you are replying to:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79509026
and this is what you claim are my words:
buccaneer, your post:
danno, once a company is an SEC fully reporting company like GTGP, it will continue to be an SEC reporting company - no matter how many sets of financials it has failed to file with the SEC
look for a REVOCATION of GTGP's SEC registration in the very near future - 7 years without filing GAAP financials is a little too long, even for the SEC
good luck there though
Ripnrog, wrong again
There will be no EPA benchmark for GTGP
for cement plants
for energy plants
for power plants
nothing
buccaneer, again GTGP has a monopoly in NOTHING to do with removal of mercury from cement/power/energy plants
1. GTGP has the exclusive license for the MBS soild remediation
2. GTGP has a 50/50 Joint Venture with Solucorp for MBS for cement Plants
3. GTGP has nothing for MBS use in Power/Energy plants - zero, zilch, nada
so where is the monopoly?
buccaneer, sorry but there will be no substantial "cement contracts" that will be coming in to GTGP
good try though
Ripnrog, wrong again
the SEC has NOT stated that GTGP has not filed false and misleading SEC filings...
in fact, a Wells Letter is sometimes issued by the SEC when they believe that this has occurred
has GTGP received a Wells Letter?
we don't know because GTGP doesn't release that type of information to the public
choifunds, sorry but you are very wrong here
the 10Q's and 10K's that are filed with the SEC are more than just the financials
they are about required information that has to be included in these documents, including the amount of fully diluted shares after all convertible debt, convertible preferred, warrants and options are taken into account, among other things
they are about discussing your current business
they are about discussing the background of the officers/directors
and much more required information
for instance, how do you know that there is not convertible debt or warrants that was issued that results in a billion additional shares outstanding once they are converted or exercised?
you don't because GTGP has not filed a GAAP conformed 10Q or 10K since 2005.
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.”
http://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?
Ripnrog, when you claim that the numbers just get made up, would this be what you are talking about?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79509026
choifunds, oh ok...I see
you would like for me to review the SEC filings of GTGP
sure no problem
here we go:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79509026
a few figures there for you eh?
GTGP or bust, sure no problem
In order for GTGP to issue a dividend of a private company to shareholders, it has to receive formal approval from FINRA.
GTGP has already publicly stated that it has applied for this approval about a year ago.
GTGP failed to get the approval and one reason is that it has to have updated financial statements filed with the SEC. GTGP does NOT have updated financials with the SEC, in fact, the last set of GAAP financials that GTGP has filed with the SEC is for the 2005 period, a full 7 years ago.
I hope this helps.
GTGP - 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.”
http://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?
Now let's discuss that Worldwide exclusive license for the MBS technology:
THE EXCLUSIVE WORLDWIDE LICENSE FOR MBS FOR POWER/ENERGY PLANTS FOR 10 + 5 YEARS WAS SOLD TO A THIRD PARTY IN 2008 FOR $2.0 MILLION
GTGP CANNOT BENEFIT FROM MBS USE BY POWER/ENERGY PLANTS
http://www.sec.gov/Archives/edgar/data/880984/000114420408029515/v114684_8k.htm
This is the reason why GTGP only discusses the 50/50 JV with Solucorp for cement plants
and never discusses energy/power plants use of the MBS product
A little more on the MBS patents for the cement/energy industry
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)
gixxer11, I don't think that it is comical when a publcly traded company files FALSE AND MISLEADING financial statements with the SEC, do you?
this is serious stuff
very serious
GTGP or bust, thanks for the post
to clarify,
GTGP stockholders up to midnight Dec. 24, 2011
and
GTGP stocholders from midnight Dec. 24, 2011 until now
will not be receiving dividends from GTGP of the private company for at least one year from today, if ever
thanks for the help again
Gomez, sorry but as will be shown soon with the full details as to the reasons why, GTGP stockholders of record before Dec. 24, 2011 and after Dec. 24, 2011 will not receive the private company dividends for at least a year and probably never
good luck however