Global Technologies Group, Inc. (GTGP)

[sevenOdouble]

Thats true, the SEC won't show their hand, and there is no argument that fins had to be updated, I think we all agree on that, and the SEC verified that it revolves around the lack of updated fins.

A Letter to the shareholders

I have taken the time over the last two days to confirm with both the SEC in Washington and the SEC Enforcement Division Miami the reason for the suspension, which I believed was the case. This is what I was told in answer to my questions. First, there was no Wells notice issued or sent to either me personally, the company or my attorneys. That would have meant they wanted to receive information from the company unrelated to the financials. Second, it was verified by them that the statement for the suspension for ten days was for the financial information needed only to comply with the reporting company regulations stemming from errors made in 2007 and to the present 10Q. When I asked them if they needed any other support documents or exhibits from the company or anything at all they said all that is needed is the financial information to be filed on EDGAR.