Global Technologies Group, Inc. (GTGP)

[236T568]

narnia, thank you for posting that the MBS technology, when applied to power plants and tested by a professional third party "......is not economically viable and not competitive with other commercial products for mercury control that are currently available"

I was going to post this, but you beat me to it

thanks again

from your post:

Point Six:

During 2009, CoaLogix engaged an outside firm to assist CoaLogix with the determination of the economic viability of MetalliFix. On December 18, 2009, the outside firm issued its assessment that MetalliFix is not economically viable and not competitive with other commercial products for mercury control that are currently available. On December 30, 2009, the management of CoaLogix determined that a material impairment of MetalliFix had occurred. Accordingly, CoaLogix recorded an impairment charge of the remaining unamortized balance of the Solucorp license ($1.7 million) as well as associated assets (chemicals - $0.4 million and prepaid chemicals - $0.3 million).

investing.businessweek.com/research/stocks/financials/secfilings.asp?ticker=ACFN

(10-Q March 22, 2010)