Replies to post #34565 on Global Technologies Group, Inc. (GTGP)

[PLAYER ONE]

For the last time from the pr again

The sub company is Global Technology Holdings, Inc. We had disclosed that formation in the past. It was created to be the vehicle that would handle acquisitions and funding. It was in our interest to do so as, in our opinion, no Investment Banker of any substance would fund an acquisition of any size with a small publicly traded company. The benefits of the new sub would be twofold: To allow the Investment Banker to fund it by way of a Private Placement and then a selling shareholder registration statement.

[Bangkok Bob]

my thoughts are

theres a lot of BS flying around

with most of it caused by management

I was told by the CEO it was going to be an IPO