Global Technologies Group, Inc. (GTGP)

[stevesox]

GTHI can distribute shares as a private company and does not need the approval of FINRA, nor does it need the approval of anyone as it is a PRIVATE entity. All it needs to do is register the number of authorized shares with the secretary of state in its state of incorporation.
So, this being said, what's to prevent Mr.Fallacaro from taking GTGP private and then issue shares of GTHI to all the GTGP shareholders on a 1 :1 basis as per the NOBO list dated september 14th 2012 ?? NOTHING !! Nothing is preventing this from happening folks.

So, technically, GTGP can be taken private, then bought out by GTHI ( PRIVATE COMPANY ) and then all shareholders given some shares on a 1:1 basis and then IPO GTHI on the NASDAQ.

All this is EASILY doable and would probably cost less money than tio file any sort of financials for GTGP. The end result would be that all shareholders would have stock in the new GTHI/MSE/GTGP IPO company.

Please read this article for further education on the matter of giving shares to investors in a private entity. FINRA does not GOVERN private companies.

http://www.inc.com/magazine/20000501/18710.html