Global Technologies Group, Inc. (GTGP)

[sctts]

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.

CEO letter to shareholders says it all. There can be no misstatements in this, as that would constitute fraud.

Case Closed

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