Global Technologies Group, Inc. (GTGP)

[IAMMINDFULL]

DON'T CALL MARK BELOYAN A “PENNY STOCK TOUT.”

Sure, Beloyan speculates in low-priced securities. And, yes, his book is built around trading and finding retail investors who want to make a bet on the shares of companies that are more or less still in the “story” phase of their existence. These companies, Beloyan says, are microcaps, thank you very much, and he views himself as one of the many muscles that drives the capital raising process, the sweat that lubes the economy of the United States.

“I'm a deal guy,” says Beloyan, the 43-year-old owner of Beloyan Investment Securities, a one-man brokerage in Davie, Fla., 30 miles south of Boca Raton.

Many might find his own definition inadequate, and prefer to describe him as a speculator rather than an investor. After all, the stocks he sells to retail clients usually trade for pennies on the OTC Bulletin Board, have just a few thousand shares outstanding and have few market makers. In short, he has built his business around the most easily manipulated shares on the market. But not all penny stocks are a scam, Beloyan says. Besides, he doesn't advocate investing in such companies — companies with more promise than current business — for everyone. These issues are just for those retail investors who have some money to allocate to the speculative, growth-y part of their portfolios, he says. The idea is to hit homeruns, the “ten-baggers” for which Peter Lynch used to search. Not all of them turn into homeruns, but when one does, it more than pays for the duds.

The problem is all of his deals ultimately turn out to be duds, including this one and his track record is very long, very long

GTGP