$GTGP! Going to be a very nice Friday this week!

$GTGP News and 8-K out Today!

Global Technologies Group, Inc. Prepares Letter of Intent for Proposed Acquisition

Currently, both companies have restrictive Non-Disclosure Agreements in place regarding the terms of the purchase and the name of the company to be acquired. Once the documents are signed however, we will name the company for this purchase.

"This potential acquisition is the culmination of over a year of discussions, reviews and good faith by both companies in reaching this point and has been part of Global's long term plans for the future," stated James Fallacaro, President.

Global Technologies Group, Inc. (GLOBAL) is a company that is in the business of acquiring exclusive licenses and distribution and reseller contracts on proven technologies in the environmental, green and war fighter industries. The criteria for the licensing or distribution agreements of the technologies are: they must be proven, validated and in use. The business plan of Global is to sublicense the technologies it acquires to companies in Countries covered under the original license grants and for its own use. For our exclusive distribution and reseller agreements, we partner with appropriate representatives in the covered countries for resale of turn key projects.

 Contact: 
  
  
 
JAMES FALLACARO 
  
  
 
Email Contact 
  
  
 
941-685-1616 
   WWW.GLBTECH.COM     
  
  
   http://www.otcmarkets.com/stock/GTGP/news     
  

8-K Out Today!

http://www.otcmarkets.com/edgar/GetFilingHtml...ID=8536033