"This gives GTGP the ability to follow through on
Post# of 1536
"This gives GTGP the ability to follow through on Mr. Fallacaro's original plans"
Note that "plans" is plural. GTGP had many plans for the holding company (GTHI) which was created for the purpose of acquisitions.
GTHI was created as part of GTGP's original plans to acquire MSE
Dividend shares were awarded (but not issued ) as part of GTGP's original plans.
It may be a separate company that Jim just formed, or it may not. We don't have enough information yet. J3 was created, not acquired, so the GTHI factor may not be in play, but it is also possible that GTHI could "acquire" J3 in a simple paper transaction, and bring those dividend shares back to life. Also, J3 might be useful, as has been suggested, for a reverse merger of GTGP into J3 in order to solve the burden of the financials that have yet to be completed, and appear on EDGAR. Maybe GTHI acquires J3 & M2, and they call the new company Alphanumeric Soup (only kidding).
I am only trying to suggest that many different possibilities exist after yesterday's PR, and those GTHI dividend shares may yet appear on the radar again. They were free anyway.