Replies to post #34579 on Global Technologies Group, Inc. (GTGP)

[lovethatgreen]

Why would an Investment Bank fund a private placement for a stock to be on the OTC?

good question

and thats exactly what jim said..IPO's dont go to the OTC

[SurgeGuy2.0]

Correct! That is why our shares in GTHI will be worth much, much more than ZERO! lol

[lovethatgreen]

This is a really good q OTC or listed.
They, the investment bank, will own a crapper load of the new company.
Their price will be high and they will be in cheap. If the deal is to go
through at all.