Home > Boards > Free Zone > Penny Fundamentals > LOW RISK STOCK PICKS

GLGT Reverse Merger DD-

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
bb15 Member Profile
 
Followed By 31
Posts 2,067
Boards Moderated 1
Alias Born 11/27/12
160x600 placeholder
bb15   Saturday, 04/05/14 12:33:42 PM
Re: None
Post # of 586 
GLGT Reverse Merger DD-

GLGT

Recently had been put up for sale on Merger Network-
http://www.mergernetwork.com/for-sale/glgt-great-public-shell-just-k/343648.htm

Two familiar names, Victor Farias and Matthew Marsineson, are related by their involvement in Integrity Aviation & Leasing LLC. a wholly owned operating division of Occidental Development Group. Mr. Farias being on the Board of Directors, and Mr. Marsineson being on the advisory board.

http://occidentaldevelopmentgroup.com/?page_id=38

Recently to other poster's credit it was discovered that on the Nevada Secretary of State website, when viewing Global General Technologies entity actions (link 1), an amendment was passed on April 1, 2014 and furthermore when you click "return to entity details" at the bottom of this page it returns you to a profile of "Turbine Aviation, Inc."(link 2)

(link 1) https://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=RpUjOC1CZJi3p4ILS9oqNQ%253d%253d&CorpName=GLOBAL+GENERAL+TECHNOLOGIES%2c+INC

(link 2) https://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=RpUjOC1CZJi3p4ILS9oqNQ%253d%253d

Moving along, it has been discovered that Mr. Morsenison is listed as the "related party" on an SEC form D that was filed under the company name of "Turbine Aviation Holdings". Interesting Note- Revenue of 5,000,000-25,000,000 was the box that was checked.

http://www.sec.gov/Archives/edgar/data/1580945/000158094513000001/xslFormDX01/primary_doc.xml

What is an SEC form D?

Form D is also known as the Notice of Sale of Securities and is a requirement under Regulation D, Section 4(6) and/or the Uniform Limited Offering Exemption of the Securities Exchange Act of 1933.

This act, often referred to as the "truth in securities" law, requires that these registration forms, providing essential facts, are filed to disclose important information upon registration of a company's securities. This helps the SEC achieve the objectives of this act - requiring investors to receive significant information regarding securities offered and prohibiting fraud in the sale of the offered securities. (Investopedia)

The links below are from the Florida Secretary of State website for Matthew Morsenison-
Turbine Aviation Holdings, LLC. http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail/EntityName/flal-l13000023316-66ed6e1b-1638-4de4-810b-0c43b97c4e80/Turbine%20Aviation/Page1

And-

Turbine Aviation Management, LLC.
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail/EntityName/flal-l13000023322-74ad90b6-6116-4c73-bfa7-fb61dc79ce9a/Turbine%20Aviation/Page1

Now, looking back at the SEC form D from Mr. Morsineson, the phone number listed is that of "Turbine Engine Center" located in Medley, Florida.

http://www.turbineengine.aero/

This website has the exact same logo as this website that is currently under construction "Turbine Aviation"

http://www.turbineaviation.aero/

I, personally, from the DD discovered am under the firm impression that GLGT is being used by the two men mentioned as a Reverse Merger for the companies with the name "Turbine Aviation". I hope this answers any questions anyone may have in regards to the relations between Mr. Farias and Mr. Morsenison, and GLGT and "Turbine Aviation"

As always, do your own investigation and make your own mind up, this post is informational, and is the information that has led me to buying GLGT. Good luck to everyone!

http://investorshub.advfn.com/Glass-Door-Picks-27536/

Come by and share your ideas, and follow this project.
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences