Global Water Technologies, Inc. (GWTR)

[jack-]

The current CEO, Erik Hromadka has been a shareholder since 2002, he was appointed in early 2009, and they moved offices to Indianapolis. It looks like he doesn't believe in releasing "fluff PR" as there has not been many updates since he took over as CEO ( this is a good thing).

He is also the President of Blue Sky Circle, LLC which is a consulting firm in Indy. He is a little write up on him http://www.blueskycircle.com/hromadka.html .

It also appears they have a subsidiary Electric H20, Inc. which makes filters and water cooling products http://www.electrich2o.com/products.htm. The lawsuit was filed by former CEO George Kast in which he stated that the new ownership breached the contract they had agreed upon. Does anyone know if they provided any monies to Mr. Kast as apart of the settlement? I didn't see it in the PR. I could not find much info about the patent that is pending, but if anyone has any more info. please post. Let's get as much info. as we can to spread the word in the upcoming days.