Global Technologies Group, Inc. (GTGP)

[236T568]

choifunds, actually it is the opposite of what you claim here

FINRA has denied GTGP the issuance of the dividends of the private company GTHI to GTGP shareholders.

This very specifically is the reason why GTGP has failed to issue those dividends to stockholders of record, particularly because GTGP stated publicly that the dividends would be issued BEFORE the MSE acquisition.

GTGP Dec. 13, 2011 Press Release
Global has ordered the "NOBO lists of all shareholders as well as the shareholders list from its transfer agent Pacific Stock Transfer for the effective date of December 24, 2011. Upon receipt, Global will file the appropriate forms with Finra outlining the terms of the dividend distribution.
"We feel that it is in the best interest of our shareholders to issue the dividend in advance of any pending acquisition and to let them know the structure of the distribution," stated James Fallacaro, President. "

GTGP January 9, 2012 Press Release
"Global has now received the NOBO/OBO lists of all shareholders as well as the shareholders list from its transfer agent Pacific Stock Transfer for the effective date of December 24, 2011."

choifunds Tuesday, September 18, 2012 7:27:53 PM
Re: None Post # of 60228


Good thing is...


Quote:
--------------------------------------------------------------------------------
Global has now received the NOBO/OBO lists of all shareholders as well as the shareholders list from its transfer agent Pacific Stock Transfer for the effective date of December 24, 2011. We have requested and received an additional NOBO/OBO and transfer agent report for Friday the 30th of December to make sure those shareholders that purchased by close of business on the 23rd will be counted for the share distribution in the event the NOBO list does not show the holders who have purchased by the 23rd. We now have the Transfer agent preparing the mailings and the appropriate forms for share distribution. For each share of Global held as of the record date, shareholders will receive one share of Global Technology Holdings, Inc., a company that was formed specifically for the purpose of acquisitions.
--------------------------------------------------------------------------------



It seems like finra has already approved the record date for the shareholders in the spinoff/dividends shares... Nothing has changed there...