Replies to post #84490 on Global Technologies Group, Inc. (GTGP)

[buccaneer1961]

they have another confrence after that one too

[waterchaser]

What? Jim did his "in-depth DD" AFTER he took over operations? Seriously?

Jim exercised his right to terminate the deal based on in depth DD done by him and Mr. Gilbert when they were able to take over operation.

[236T568]

Huh?

Many acquisitions are agreed upon such that working capital is infused into the acquired company by the entity taking control. This is not uncommon.

now riddle me this, how in the world would a company allow someone to take over operations if they did not have the working capital? Huh? Tell me? I am waiting? lol

[236T568]

Why in the world would anyone want to remain at a company that is being taken over by a scamster that is being ivestigated by the SEC and FINRA and has had the public company that he controls suspended by the SEC?

And why wold a financial executive want to stay at a company when the new CEO hadn't filed GAAP financials for 7 years at his public company?

Not surprising that people would leave the second Fallacaro arrived.

Fourth: The CFO quit the day Jim took over, why? Because he knew the books were being "cooked" IMO, and did not want to go to jail!

[236T568]

Two others?

actually, Merdi had try to sell MSE to dozens of other companies for years, yet the only one that pursued MSE was the scamster Fallacaro. Then after two whole years of significant due diligence on MSE and dozens of announcements regarding how great the MSE acquisition is proceeding, Fallacaro decides to walk away?

huh?

Did Fallacaro plan to never close the acquisition of MSE all along and, instead, use the potential acquisition to pump and hype and pump and hype and pump and hype the GTGP stock?

Fifth: From what I heard, Merdi has tried to sell MSE to two others since that time, and both suitors walked away.....that should tell you something.