Global Technologies Group, Inc. (GTGP)

[Flat Foot]

MBS not economically viable OR competitive vs. competitors

**Testing completed by Battelle Memorial Institute = WOW**

Battelle is the world’s largest nonprofit research and development organization, with over 22,000 employees at more than 130 locations globally.

http://www.battelle.org/about-us

"On December 30, 2009, the management of CoaLogix Inc. (“CoaLogix”), a 77.4% subsidiary of Acorn Energy, Inc. (the “Company”), determined that a material impairment of CoaLogix’ licensed MetalliFix technology and associated assets will be taken by December 31, 2009. In connection with CoaLogix’ re-evaluating and testing the economic viability of the MetalliFix technology which CoaLogix had previously licensed from Solucorp Industries, LTD. (“Solucorp”) for use for the removal of heavy metals such as mercury from coal-fired power plants, CoaLogix engaged Battelle Memorial Institute (“Battelle”) to assist CoaLogix with the determination of the economic viability of MetalliFix. On December 18, 2009, Battelle issued its assessment that MetalliFix is not economically viable and not competitive with other commercial products for mercury control that are currently available. After consideration of Battelle’s assessment and re-evaluation undertaken by CoaLogix, CoaLogix’ management determined that a material impairment of the MetalliFix technology and associated assets is required."

Link repeated:
http://www.sec.gov/Archives/edgar/data/880984/000114420409067093/v170302_8k.htm