Replies to post #71517 on Global Technologies Group, Inc. (GTGP)

[jcwillis]

There Are Numerous Issues Concerning Dividend Issuance...

...or more appropriately, share distribution of GTHI/GTGP stock. FINRA has to approve them, which is unlikely at this point or near future because of the current situation. Regardless, FINRA also has rules about distribution valuation. Any valuation of 25%, or more, of a distribution changes the ex-date. If the valuation is 25% (or more) of GTGP sp, currently purported one-for-one (100%), then ex-date is the day after dispersion (payment). Works for me, as well as every GTGP holder at the time of distribution. Yes, every holder at the time of distribution gets the divvie. Happy Days for current holders!

However, those waiting since December 2011 are no longer special. This is a problem because JF promised this to December holders. A one-for-one distribution of GTHI shares will invalidate the December 2011 folks as being special. The December 2011 holders could be issued shares also, but it goes back to valuation. Maybe dilution of GTHI valuation at that point, or previously if it has been thought out.

On top of this, there are the GTHI shareholders. They likely will not want the valuation of their holdings to be one-quarter of GTGP sp. Or, have a one-for-one give-away for nothing which erodes the valuation of their holdings. Regardless of GTHI going private or not.

GLTA