Global Technologies Group, Inc. (GTGP)

[SLUPPY]

Thanks for the clarification NARNIA. I think I'm begging to get a clearer picture. GTGP, SLUP (MBS), and EMHI are all connected.

East Morgan Holdings, Inc. Finalizes Energy Intellectual Property And Patent Acquisition Agreement With Solucorp Industries Ltd.

Tuesday, 7 Dec 2010 12:40pm EST
East Morgan Holdings, Inc. announced that it has finalized an agreement with Solucorp Industries Ltd. to purchase Solucorp's intellectual property as it relates to the energy market, including but not limited to its IFS-2C Patented Mercury Emission Technology, (US 7,407,602 B2, August 5, 2008). This purchase agreement includes all energy related patents, patent pending applications, and intellectual rights along with their know-how. The agreement requires East Morgan Holdings to pay $25 million in cash which will be raised from private investors, existing contracts and percentages of revenues to Solucorp and 75% of its commons shares to be distributed to Solucorp Shareholders, giving an estimated two shares of East Morgan Holdings for every three shares of Solucorp held by Solucorp shareholders. The monies will be paid to Solucorp in increments throughout the life of contract. Solucorp will also receive royalty payments equal to 5% of East Morgan Holdings' gross profit commencing July 1, 2012 and will be East Morgan Holdings' exclusive supplier of the MBS chemical reagents.