TRIPLE REVERSE MERGER WITH POSSIBLE $20 MILLION DOLLARS IN REVENUE COMING.
DD BELOW WILL CONFIRM THIS MERGER, WHICH SHOULD BE ANNOUNCED ANY DAY NOW:TARGET PRICE UPON COMPLETION OF MERGER: .05-.10 CENTS (CURRENTLY TRADING AT .0034).
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.
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)
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.
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)
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!
Quote: Integrity has a close working relationship with Turbine Engine Center ("TEC"), an established FAA & EASA certified, maintenance, repair and overhaul ("MRO") facility located in Miami, FL. TEC has been in business for over 25 years and has maintained FAA and EASA certificates since 2002. TEC provides integrity with access to certified engines and parts, facilities for engine testing, post lease engine re-certification and airline industry access.
Integrity aviaton and leasin is owned by Occidental development group it says on there site.. the wholly owned operating division of occidental.. but if Marsenison merges integrity with Turbine Engine Center then RM into GLGT how would that affect the pps.. according to there site Turbineengine.aero theyve got a bunch of assets..
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