Global Technologies Group, Inc. (GTGP)

[buccaneer1961]

This purchase agreement (acquisition) would not be happening if a contract (s) are not already hand-shaked... in the formula! IMHO

(Global is formulating a purchase agreement with its' Investment banker whereby a price will be determined based on the present value of the company to include any additional new contracts which happen prior to a closing.)

This is really coming together folks... The "Hot Run" you would think appears a success and complete if this is moving fwd as fast as it is?

rom 6-13-11 PR:
(Global has completed all the necessary due diligence of the target company and the only remaining issue to be dealt with is the purchase price. Due to the timing of several large contracts which were entered into in the last few months the purchase price has been adjusted after each new contract was agreed to and accepted by the company to be acquired. As Global is moving through this process of evaluating the value of each new Global is formulating a purchase agreement with its' Investment banker whereby a price will be determined based on the present value of the company to include any additional new contracts which happen prior to a closing.)