Replies to post #182157 on DD Support Board and Research Team

[nodummy]

GTLL - is a super interesting situation

You should seriously consider taking a closer look at that one.

Let me get you started with a basic history lesson.

For years, back in the late 2000s and early 2010s, GTLL was run by Anthony Welch.

Welch ran at least a half dozen scams around that time, always using exaggerated business operations, promises of dividends, and other misleading tactics to pump the share prices while the stocks got diluted to no bid.

In 2012, Welch finally became the subject of SEC litigation and ended up fleeing to his home in the Bahamas to escape the scrutiny of the regulators, failing to respond to the charges and abandoning all of his shells.

https://www.sec.gov/litigation/litreleases/2012/lr22463.htm

https://www.sec.gov/litigation/complaints/2012/comp22463.pdf

A short time later, in January of 2014, Welch was tortured and murdered:

http://bahamaspress.com/2014/01/28/american-found-dead-on-grand-bahama-was-resident-in-freeport-he-was-charged-in-us-for-fraud/

Welch was found in a pool of blood with multiple stab wounds, a sliced throat and a finger cut off from each hand

http://www.tribune242.com/news/2014/jan/27/victim-bound-and-murdered/

Anthony Kyle Welch, 46, was discovered at his Albacore Drive home in Grand Bahama, bound with duct tape with multiple stab wounds about his body, a laceration to his throat, and two severed fingers on each hand.

At that point, GTLL had already been abandoned and had done no filings with the Delaware SOS since 2010 (last filing linked below), causing it to go into bad standing.

https://promotionstocksecrets.com/wp-content/uploads/2018/02/GTLL2010.pdf


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Over the next few years, it had the occasional pump, but because the market was ready to handle the large float and they always fizzled out pretty quickly.

At some point, after Welch was murdered, Bill Schaefer came around and illegally hijacked the GTLL shell.

Schaefer, who has a history of stealing dead shells without going through the courts to gain custodianship and without actually purchasing control from the previous owners became the center of attention on December 13, 2017 when a Twitter page showed up under Schaefer's name pumping GTLL as a bitcoin play. At the time, bitcoin was flying to new highs in the 17,000s, kicking off a frenzy of cryptocurrency scams:

https://twitter.com/BillSchaefer701

A few days after the twitter pump, Schaefer sold his illegal control of the GTLL shell to Jimmy Wayne Anderson.

As you pointed out in your post, Anderson (who already controlled UNGS at this time) created a new domain for GTLL at globaltechnologiestld.info on December 30, 2017.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161987042

GTLL also began sharing office space with Sylios Corp (UNGS) at this time (they still share the same office as of today).

Only instead of Jimmy Wayne Anderson reviving the Delaware entity, Anderson created a new entity by the same name in Wyoming on February 8, 2018.

https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=247207187050196107255252236019073170129040180070

The same day he created the fake Wyoming entity, Anderson also:

Filed a name change amendment to change the name from Global Technologies Ltd to Dapp Technologies Inc
Designated some Series K preferred stock with super-voting rights to give himself control
Filed for a 1:2000 reverse split

Around this time, Anderson also issued 900,000,000 new common shares to himself.

Anderson also issued 500,000,000 shares to an affiliate named Valvasone Trust (John DellaDonna) for services.

Valvasone Trust (John DellaDonna) would get another 500,000,000 shares in February of 2019.


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Slojab pointed out the Wyoming SOS filing on the DD forum, and I made a post on the GTLL forum pointing out the illegal hijacking:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138507565

I also contacted FINRA and made them aware of the illegal hijacking.

FINRA denied the name change and reverse split and forced Jimmy Wayne Anderson to cure the Delaware business entity that legally belonged to the public Issuer.

On July 15, 2019, Anderson revived the Delaware entity.

https://www.sec.gov/Archives/edgar/data/932021/000149315220010738/ex3-15.htm

The next day, on July 16, 2019, Anderson had to designate the series K shares again at Delaware since the Wyoming entity didn't legally belong to the public Issuer.

https://www.sec.gov/Archives/edgar/data/932021/000149315220013943/ex3-13.htm

Anderson immediately issued himself 3 series K shares giving him 20 times the voting power of all the other classes of stock put together.

Anderson also designated some Series L preferred stock on July 16, 2019 for the mere purpose of paying off debts at a big discount to the market price.

https://www.sec.gov/Archives/edgar/data/932021/000149315220010738/ex3-14.htm

Each share of Series L preferred stock can be used to pay off $5,000 worth of debt.

And each share of Series L preferred stock converts into 5000 common shares divided by .5 times the lowest share price over the previous 5 days.

So no matter what the share price is, the stock converts into $10,000 worth of common stock based on the lowest trading price over the previous 5 days.

So the debt holder is guaranteed to double their money, but since the conversion price is based on the lowest trading price over the previous 5 days, they are almost certain to make more than $10,000 off the stock.


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I was happy that FINRA didn't let them use the Wyoming entity but disappointed that FINRA allowed them to hijack control of the shell just by paying the back taxes.

Anderson had no authority to revive the entity and create series K control stock.

He didn't gain control through the courts. He didn't buy control from Anthony Welch. And he didn't hold a shareholder meeting to have the shareholders vote him into power.


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Anyways, on July 27, 2018, GTLL borrowed $124,800 from an entity controlled by Jimmy Wayne Anderson named Clock Partners LP.

On August 22, 2019, GTLL hired UNGS for six months of consulting services, agreeing to pay UNGS $50,000. To pay off the $50,000, Anderson issued 10 Series L shares to UNGS on September 2, 2019.

https://content.edgar-online.com/ExternalLink/EDGAR/0001493152-20-010738.html?hash=50c8d8ff227fd6ddfc88d37a1e0bc301ccb3c486189fef41c992bad742dc8603&dest=EX10-8_HTM#EX10-8_HTM

GTLL also issued several Promissory Notes during 2018 and 2019 to toxic lenders, such as:

Armada Capital Partners, LLC (Gabriel Berkowitz)
Tri-Bridge Ventures, LLC (John Forsythe III)

GTLL also issued debt to Valvasone Trust (John DellaDonna)

And a $2,000,000 Note to Jetco Holdings, LLC (linked to Timothy Cabrera and Brian McFadden) for the acquisition of TCBM Holdings, LLC and its subsidiaries, HMNRTH, LLC and 911 Help Now, LLC.

https://content.edgar-online.com/ExternalLink/EDGAR/0001493152-20-010738.html?hash=50c8d8ff227fd6ddfc88d37a1e0bc301ccb3c486189fef41c992bad742dc8603&dest=EX10-12_HTM#EX10-12_HTM

GTLL also began borrowing money from Graphene Holdings LLC (Brian McFadden)

On January 2, 2020, GTLL signed a $250,000/year consulting agreement with Timothy Cabrera and a $250,000/year consulting agreement with Brian McFadden.


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On June 8, 2020, GTLL filed a Form 10, which it managed to get approved by the SEC by never disclosing how Anderson gained control of the shell.

In the Form 10, GTLL claims that Schaefer had control of the GTLL shell from March 15, 2013 until it was sold to Anderson.

I don't believe for a second that while Anthony Welch was in hiding that he appointed Bill Schaefer as a director for GTLL.


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Brian McFadden was the long-time CEO of STTH (previously EXSL) - which started out as an old APS shell named Pub Crawlers.

McFadden/TCBM Holdings also links GTLL to Vinco Ventures Inc (BBIG)


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Besides now suspended UGNS, Anderson has also been involved in several other stocks, including:

SVFC which was suspended and revoked as a delinquent filer a while back
STTH with McFadden
AMHD, which as an old Jerry Alexander scam ticker
SGTN as a consultant in 2018
BFCH as a consultant in 2018
GCAN as the former Chairman and CEO


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Tri-Bridge has been making a killing on the recent GTLL price rise. They were issued 2,606,389,553 shares between September 22, 2020 and December 22, 2020 just for penalties against a $15,750 Note.




Think about that. GTLL didn't pay off a penny of the debt.

They issued 2,606,389,553 shares just to pay off penalties.

At the current price of $.013/share, that's $33,883,064 worth of stock issued without even paying off a penny of the original $15,750 debt.

Who does that? Why not just pay off the $15,750 instead of issuing 2.6 billion shares?

Talk about something not smelling right.


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I haven't taken a look at the actual GTLL business operations yet, but it sure seems like GTLL is set up for the mere purpose of enriching the debt holders as much as possible.

And the dirty history of the shell sure is interesting.

And of course, the SEC suspension of UNGS on Friday makes GTLL more interesting. Any investigation into UNGS is only going to draw SEC scrutiny to GTLL, its insiders, and its social media pumpers.

https://www.sec.gov/litigation/suspensions/2021/34-91162.pdf


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