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Re: janice shell post# 71500

Wednesday, 10/10/2012 7:55:13 PM

Wednesday, October 10, 2012 7:55:13 PM

Post# of 97615
And the 8K gave some of the reasons why...my favorite is that if it was wholly owned, it would require GTGP to receive restricted shares....ohhhh....and no investment bank was going to invest in GTGP (in so many words).

There is another clue as well. I am still trying to figure out what this could mean insofar as %'s.

It should be noted that in either event, the percentage that Global would own directly as a company will still be classified as an insider and may still be classified as control predicated on its equity percentage as well as James Fallacaro, President.

So does "control" mean when GTGP and FALLACARO's percentages are added together. It is pretty clear that Fallacaro will have his own share block of GTHI independent of GTGP.

The plot thickens.