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Post# of 4972699
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Alias Born 03/07/2010

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Monday, 10/25/2010 9:50:07 AM

Monday, October 25, 2010 9:50:07 AM

Post# of 4972699
GTGP more NEWS!!!

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55889558

SARASOTA, Fla., Oct 25, 2010 (BUSINESS WIRE) -- Global Technologies Group, Inc.
(GTGP.PK) has entered into a second distribution and reseller agreement with MSE
Technology Associates, Inc. (MSE-TA.COM). The countries covered by this
agreement include the European Union (twenty seven countries) and Canada. This
agreement covers all technologies and products that have been developed and
manufactured and are being developed by MSE. Global will also act as a
purchasing agent for the projects.


Additional update: Global is currently negotiating a distribution and reseller
agreement with another partner company and is also compiling the necessary
information needed to bring the company's filings into compliance and return to
OTCBB listing. Further information covering the status of these two items will
be updated.


Outstanding Shares 30,084,500 as of Sept. 30, 2010
Authorized Shares 100,000,000 as of Sept 30, 2010 Restricted Shares 17,926,475 as of Sept 30, 2010
Float (shares) 12,158,025 as of Sept 30, 2010

Also the Float is 12M, minus the 6M the CEO said is held at a cost of .25 per share - not selling down here at these prices. That leaves 6M free trading, and NOW there is only about 1.5 - 2 mil to chew through before the float has been eaten up, conservatively.

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