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TASBES0101

06/05/12 9:59 AM

#34825 RE: narnia1000 #34824

What do you make of this...excerpt from PR of 1/9/2012

Global Technologies Group, Inc. Status of Cement Plant and Share Distribution

SARASOTA, FL -- (Marketwire) -- 01/09/12 -- Global Technologies Group, Inc. (PINKSHEETS: GTGP) (Global) announces that we are in the final stages of review and our technology sub-contractor MSE is now arranging for a complete walk through of the plant in conjunction with the plant's engineers for pressure measurements, flow systems and insertion point of MBS. We have determined all the measures and needs for retrofitting the plant in order to meet their goals as well as Global's goal of negotiating a contract for that project. Previous testing of MBS™ for the Mercury contaminated carbon from that plant after treating with MBS has been reduced to zero. Once the review of the retrofit is approved, we are confident we will be able to come to financial terms with the plant for this contract. Global is positive that we have the best technology (MBS) and with our joint venture partners have the expertise to fulfill this important milestone and the first of many cement plants that we believe will be the benchmark for the cement industry and enter into similar contracts as well.

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SurgeGuy2.0

06/05/12 10:22 AM

#34831 RE: narnia1000 #34824

Spot on once again Narnia.....I also think your notion of a JV to handle the power plant portion could be correct. We could be looking at multiple contracts at anytime plus a JV........$$$$$Millions in revenue just for this year alone.

Choi was certainly not off the mark with expecting $1 or more EPS......then add a multiple on to that!

GTGP! Looking goood, my lucky is lit and burning slowly....:)
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buccaneer1961

06/05/12 10:23 AM

#34832 RE: narnia1000 #34824

oh good! thankyou,i couldnt get the results to open so i had to rely on others...thankyou!