Global Technologies Ltd (PK) (GTLL) Quote

You can fool some of the people .........

Eventually, you're found out.

Or these SMALL purchases are just another attempt to scam by pretending the shares have intrinsic value. Just $1,000 to make your other shares worth another $100,000?

With a new regime, comes new hope. Good luck to those playing this ticker.

True. I haven't looked but I'd be surprised if Cutcher doesn't have a stake in GTLL with preferred shares. So, it's rather odd to me that he'd be buying such small amounts the way he is. I don't think anyone needs to buy at $.0004. Besides, I'm still waiting to see if they do a R/S or increase the A/S.

His buying may be his way of telling the public that it won't be a R/S. But can anyone really trust an OTC CEO? 🤔

Insiders buying is always a good sign, but yes I agree, I'd like to see some real money thrown at it as well. One of the milestones was fulfilled when they got their GSA number, so Bruce only needs (2) more to complete to be the new CEO. Sounds like he is pretty motivated to make that happen.

Fredrick buying does give me some hope for much better days here soon.

Have to admit....Open market purchases are a positive sign. Even for what otherwise appears to be just another scam.

Another open market purchase of stock yesterday at $.0004. Just 5M shares though which is only $2,000.

https://www.otcmarkets.com/filing/html?id=17577820&guid=yyQ-k6voyJaFJth

He could more than likely have gotten those shares at $.0003 if he had just put in a standing order when he bought the 6.5M shares the day before. Is he trying to get the stock up as cheaply as he can by showing that he's buying stock, albeit in amounts anyone could buy? Or is he just a newbie at playing the OTC?

Let's see $20 or $30K dropped on it, and then people will be impressed.

Well, here's something you don't see every day in OTCland.

https://www.otcmarkets.com/filing/html?id=17573131&guid=W3Q-kFJLzJ_WJth

It's only $1950 worth, though.

Volume 51M. .0003/.0004.

GOe3, LLC Secures GSA Registration, Announces Major Sales Milestone with Tiny-Home Developers

Press release announcing an 8-K and the 10-Q.

8K and 10Q out.

What's up with the volume this morning?

Nope. because it implies that the money lost in a stock trading is equal to the money made in stock trading. And that is categorically and provably false. The indexes are not flat over the years. But then, the indexes are based on real companies whereas the OTC is mostly comprised of non-businesses.

Not true at all. Total BS. For ONE example, a dividend stock. The OTC is full of "traders" preying upon others and trying desperately to justify their actions.

Isn't this true for all stocks?

"For you to have "made" it, Someone had to lose it to you",

Just like every other stock out there. ( and i'm not meaning only in OTC)

For you to have "made" it, Someone had to lose it to you....because this company produces/ed nothing. The fact is that this is about again taking money from someone else, right?

I know, I made $125K here in 2021

Says the chartest. LMAO.

But you are right about the OTC being a game of hype and not fundamentals. GTLL is just another scam.

Yes if you followed the court case with the x ceo l, he illegally gave out like 3b shares..which were returned to the company. Then there was an offering in 2022 when tersus was about to come on and accredited investors bought them up around. 0015. Take a look at the fins it's very telling

$GTLL$$$$ WENT to .0350!! feb 2021 did it have all theses shares then?

Look at the run in 20-21 and how many shares traded.. you'll see this does t act like a 14b os

Gtll has a float more around 4-5b with all the l shares and accredited investors having their shares

Looks like .005-.001, here's my OS table

OS Unrestricted Under 1Bill = .03-.05 Target Price
OS Unrestricted 1Bill-10Bill = .01-.03 Target Price
OS Unrestricted 10Bill-20Bill = .005-.01 Target Price
OS Unrestricted 20Bill-40Bill = .0022-.005 Target Price
OS Unrestricted over 40Bill = .0022 Target Price

Doesn't matter, all OTC is a game of hype!

$GTLL $$$$ https://www.otcmarkets.com/stock/GTLL/security 14BILLION O/S?? HOW HIGH .005???
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174166431

Yep....this Company says, in it's last financial statement, that it owns $22.2M in intellectual property as its assets. That consists of 2 abandoned 10 year old Patent APPLICATIONS that are WORTHLESS.

Typical ongoing scam.

Wow! Volume B4 Price!!! Sale has closed!

It's just a scam. Assets: Intellectual property 22,200,000 -- Liabilities: Notes payable to related Parties 22,200,000.

This will never make a dollar....but if it does, that dollar goes to the "related parties". This is vintage Anderson scam stuff.
.

How-can-a-company do SO MUCH business with such-a-low PPS?

I've been watching your exchanges over on IGPK.
I think they over-do the criticism of tech.
It's not completely without relevance, as they say.

I would PM my sympathies but I cancelled my PAID subscription to iHUB years ago!
I, myself, do watch my stocks on charts.
It's just been my experience that it doesn't work AS WELL on the OTC.

But what da hell is it with this GTLL?
I was in it since 2014 and I made a killing but it was purely a lotto play for me. $142 invested in 1M shares
I got a few million GTLLs now, just to see if lightning will strike twice.
I figure this guy did it BEFORE he might just do it AGAIN!
How's THAT for a trading philosophy? LOL

Foxx Trot Tango, LLC (“Foxx Trot”) was formed as a Wyoming limited liability company on February 3, 2022. Foxx Trot was acquired through a membership interest purchase agreement on July 25, 2023. Foxx Trot is the owner of a commercial building in Sylvester, GA. The Company intends on utilizing Foxx Trot for the purchase of additional parcels of real estate.

They bought the Sylvester, Ga property in '22 for $2.5M and sold it this year for $3,638,750.

I see they acquired it (Fox Trot Tango) but can't find what it does?

One of it's non-revenue producing subsidiaries.

About 10 Fold Services, LLC

10 Fold Services, LLC (“10 Fold”) was formed as a Wyoming limited liability company on November 22, 2023. 10 Fold will serve as the Company’s customer relationship and sales management subsidiary.

On November 23, 2023, 10 Fold (the “Sales Agent”) entered into a Sales Agent Agreement (the “Agreement”) with a supplier of pharmaceutical products (the “Company”), whereby 10 Fold will act in the capacity as a non-exclusive Sales Agent. Under the terms of the Agreement, the Sales Agent will inform and educate potential customers on products marketed by the Company and to initiate sales of the products. As compensation for its services, the Sales Agent shall receive a commission based on volume sales of the pharmaceutical product.

On December 3, 2023, 10 Fold (the “Company”) entered into an Operating Agreement (the “Agreement”) with Rockwell Pharma, LLC (the “Contractor”) (together, the “Parties”). Under the terms of the Agreement, the Contractor agrees to leverage its connections in the industry to execute sales of pharmaceutical products included within the Company’s Sales Agent Agreement. As compensation, the Parties agree to a profit-sharing model where profits from all sales generated under this Agreement will be split equally (50/50) (“Profit Share”). Profits are defined as the net collections on sales executed by the Contractor and received by the Company minus all pre-approved expenses.

What is ten fold services?

On March 26, 2024 (the “Closing Date”), the Company closed on the sale of its commercial building located in Sylvester, Georgia for an aggregate cash purchase price of $3,717,778, subject to certain adjustments within the Purchase Agreement. The commercial building was acquired through the acquisition of Foxx Trot Tango, LLC (“FTT”) on June 25, 2023

Good morning everyone, I am very excited to share this news with you all. We have sold our commercial property in Georgia, and the remaining funds will be vital in helping us move forward with both GOe3 and Ten Fold Services. More work to be done! $GTLL https://t.co/k1VrkWe38m— Global Technologies, Ltd. (@GlobalTechGTLL) April 3, 2024

Global Technologies, LTD Closes on the Sale of Its Commercial Property in Georgia

Parsippany, NJ, April 03, 2024 (GLOBE NEWSWIRE) -- Global Technologies Ltd. (OTC Pink:GTLL) (the “Company” or “Global”) a company with operations in the acquisition and redevelopment of distressed properties and customer sales management is pleased to announce that it has closed on the sale of its commercial building located in Sylvester, GA.

On March 26, 2024, the Company closed on the sale of its commercial building, which was part of the Foxx Trot Tango purchase that took place in June of 2023. The net funds received by the Company will be utilized for operational expenses to help further support and advance both operating businesses: 10 Fold Services and GOe3.

Fredrick K. Cutcher, CEO of Global Technologies, LTD, stated “The sale of our commercial property serves as yet another successful transaction that we have been able to deliver upon early on in 2024. The net funds available from the sale of this property will be instrumental for us to continue on a path of success for both 10 Fold Services and GOe3, as we move into the next quarter of 2024 and beyond.” Mr. Cutcher continued, “This year has started off on a very positive note for us with the closing of the GOe3 acquisition and the expansion of the 10 Fold Services operations.”

The Company looks forward to providing shareholders with additional updates on operations in the near future.

About Global Technologies Ltd.:

Global Technologies Ltd. (OTC Pink: GTLL) is a publicly traded holding company with a strong focus on entering new markets including the acquisition and redevelopment of distressed properties and customer sales management. For further information, please visit the Company’s website at www.globaltechnologiesltd.info.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements relate to future events including, without limitation, the terms, timing and closing of our proposed acquisitions or our future financial performance. We have attempted to identify forward-looking statements by using terminology such as “anticipates,” “believes,” “expects,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predict,” “should” or “will” or the negative of these terms or other comparable terminology. These statements are only predictions; uncertainties and other factors may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels or activity, performance or achievements expressed or implied by these forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. You should not place undue reliance on forward-looking statements. The cautionary statements set forth in this press release identify important factors which you should consider in evaluating our forward-looking statements. These factors include, among other things: Our ability to effectively execute our business plan; Our ability to manage our expansion, growth and operating expenses; Our ability to protect our brands and reputation; Our ability to repay our debts; Our ability to rely on third-party suppliers outside of the United States; Our ability to evaluate and measure our business, prospects and performance metrics; Our ability to compete and succeed in a highly competitive and evolving industry; Our ability to respond and adapt to changes in technology and customer behavior; Risks in connection with completed or potential acquisitions, dispositions and other strategic growth opportunities and initiatives; Risks related to the anticipated timing of the closing of any potential acquisitions; and Risks related to the integration with regards to potential or completed acquisitions. In addition, projections, assumptions and estimates of our future performance and the future performance of the industries in which we operate are necessarily subject to a high degree of uncertainty and risk due to a variety of factors. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Global Technologies Ltd.’s actual results to differ from those contained in forward-looking statements, see Global Technologies Ltd.’s filings with the Securities and Exchange Commission (the “SEC”), including in its Quarterly Report on Form 10-Q filed with the SEC on February 6, 2024. All information in this press release is as of the date of the release, and Global Technologies Ltd. undertakes no duty to update this information or to publicly announce the results of any revisions to any of such statements to reflect future events or developments, except as required by law.

For further information, please contact:

Global Technologies, Ltd
(973) 233-5151
info@globaltechnologiesltd.info
https://www.globenewswire.com/newsroom/ti?nf=OTA4MzkyMCM2MTg1Mzk4IzUwMDA3MDc2NQ==
https://ml.globenewswire.com/media/OWI0ZjVlNzAtNWExNS00NzEyLWE2YzctOGFkMGYwZDBlMWZiLTUwMDA3MDc2NQ==/tiny/Global-Technologies-Ltd-.png

Source: Global Technologies, Ltd

© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/GTLL/news/story?e&id=2814945


Global Technologies, Ltd Closes on the Acquisition of GOe3, LLC

Parsippany, NJ, March 20, 2024 (GLOBE NEWSWIRE) -- Global Technologies, Ltd. (OTC Pink:GTLL), a company with operations in the acquisition and redevelopment of distressed properties, and customer sales management is pleased to announce that on March 15, 2024 the Company closed on the acquisition of GOe3, LLC (“GOe3”).

On March 15, 2024, the Company and GOe3 closed on the proposed Share Exchange Agreement. Effective upon closing, GOe3 became a wholly owned subsidiary of the Company and GOe3’s President, Bruce Brimacombe, was appointed to the Company’s Board and as Chairman of the Board of Directors.

“The great things needed in the EV industry can never be accomplished by one person, they are achieved by a cohesive team,” said Bruce Brimacombe, President of GOe3. “With the union of GOe3 and Global Technologies, we will find our path to success.”

“To say we are pleased with this acquisition would be an understatement,” said Fredrick Cutcher, Chief Executive Officer of Global Technologies. “We firmly believe that we have aligned ourselves with the right company and the right leadership team.”

The terms of the Share Exchange Agreement between the Company and GOe3 can be found in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on March 19, 2024.

About GOe3:

GOe3, LLC (“GOe3”) intends on building and operating a network of universal electric vehicle (“EV”) charging stations within 45-75 miles of selected interstate highways across the U.S. GOe3 believes its patent-pending charging station design will be a vital component to the electric vehicle charging station expansion. For further information, please visit the GOe3 website at goe3.com.

About Global Technologies:

Global Technologies, Ltd. (OTC Pink: GTLL) is a publicly traded company with a strong focus on entering new markets including the acquisition and redevelopment of distressed properties and customer sales management. For further information, please visit the Global Technologies' website at globaltechnologiesltd.info.

Contact:
Global Technologies, Ltd
(973) 233-5151
info@globaltechnologiesltd.info

Media Contact GOe3:
Ania Kubicki
ANGLES Communications
Call/Text: 480-277-9245
ania@anglespr.com
https://www.globenewswire.com/newsroom/ti?nf=OTA2NjUyMyM2MTQ0NTQzIzUwMDA3MDc2NQ==
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Source: Global Technologies, Ltd

© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/GTLL/news/story?e&id=2801145



GOe3 Revolutionizes EV Charging Through Innovative Infrastructure and Digital Connectivity

Parsippany, NJ, Jan. 17, 2024 (GLOBE NEWSWIRE) -- GOe3, the Scottsdale-based electric vehicle (EV) infrastructure company, is at the forefront of revolutionizing the travel industry through an innovative EV charging solution that benefits both business and consumer while addressing the struggles of the nation’s current energy grid. The Company is expanding its horizons in 2024, starting with a merger with Global Technologies Ltd. (GTLL: OTC Pink) in the first quarter of the year and an upcoming expansion of production capabilities.

“We don’t have a problem generating the energy, we have a problem properly distributing it,” said Brian Brimacombe, GOe3 Chief Executive Officer. “We’re trying to change that through the use of solutions like bidirectional charging and technology designs that allow our charging stations to be virtually obsolete proof.”

The innovation in the GOe3 charging station is its design as a modular system that allows for the swapping of parts as technology advances while still maintaining UL and UCL certifications. The Company’s patent pending technology avoids the problems faced by other EV charging station manufacturers when needed upgrades make their systems obsolete.

GOe3 charging stations also allow for bidirectional charging, which allows a charged electric vehicle to send energy back into the grid for use by other devices while it is connected to a charging station.

A pioneer in EV charging stations, GOe3 has always focused on the future and the changing needs of the electric car landscape while designing and implementing charging stations. That forward-thinking approach has led to the development of a superior charging station, but Brimacombe’s vision also includes an interconnected world for travelers and businesses.

GOe3’s digital mobility business unit provides drivers with station locations, trip planning, coupons and more at their fingertips through a smartphone app, while giving businesses an advertising platform.

According to Brimacombe, a 255,000-square-foot manufacturing and production facility in Georgia is slated to be fully operational by year’s end. As the company continues to build nationwide momentum, a major contract with a leading tiny-homes manufacturer will further highlight the advantages of GOe3’s proprietary vehicle to grid charging environment.

To learn more about the infrastructure and digital mobility solutions offered by GOe3, visit goe3.com.

About GOe3:

GOe3, LLC (“GOe3”) began operations on February 12, 2000. GOe3 intends on building and operating a network of universal electric vehicle (“EV”) charging stations within 45-75 miles of selected interstate highways across the U.S. GOe3 believes its patent-pending charging station design will be a vital component to the electric vehicle charging station expansion.

About Global Technologies:

Global Technologies, Ltd. (OTC Pink: GTLL) is a publicly traded company with a strong focus on entering new markets including the acquisition and redevelopment of distressed properties. The company seeks to capitalize on underutilized or undervalued assets, creating opportunities for growth, and delivering exceptional value to shareholders.

Contact:
Global Technologies, Ltd
(973) 233-5151
info@globaltechnologiesltd.info

Media Contact GOe3:
Ania Kubicki
ANGLES Communications
Call/Text: 480-277-9245
ania@anglespr.com
https://www.globenewswire.com/newsroom/ti?nf=OTAxOTIxNyM2MDIxNjA2IzUwMDA3MDc2NQ==
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Source: Global Technologies, Ltd

© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/GTLL/news/story?e&id=2741769


Global Technologies, Ltd. Enters into Letter of Intent to Acquire EV Space Company, GOe3, LLC

Parsippany, NJ, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Global Technologies, Ltd. (OTC Pink:GTLL), a company with operations in the acquisition and redevelopment of distressed properties, is pleased to announce that the Company will expand its operations by entering into the EV space through its execution of a non-binding Letter of Intent (“LOI”) to acquire GOe3, LLC (“GOe3”).

The LOI sets forth the proposed terms and conditions pursuant to which the Company and GOe3 intend to effect a business combination, as a result of which GOe3 will conduct business as a wholly-owned subsidiary of the Company (“Proposed Transaction”). The Company anticipates that the Proposed Transaction will be structured as a share-for-share exchange, with the Company’s shareholders retaining 30% and GOe3 receiving 70% of the combined Company. The Company will designate a new preferred stock to issue to the GOe3 members in exchange for the membership units. At Closing, Bruce Brimacombe will be named the Company’s President and appointed to the Company’s Board of Directors. Promptly following the closing, the Company will adopt a plan to apply for an uplist to a national exchange or the NASDAQ.

“This is an exciting and important time at the Company,” stated Fredrick Cutcher, Chief Executive Officer of Global Technologies. ”With an expected infusion of capital with the Proposed Transaction, Global Technologies should be well positioned to accelerate its new revenue opportunities in the EV space.”

The Proposed Transaction has been approved by the Board of Directors of the Company and the Managing Members of GOe3 and is expected to close in the first quarter of CY 2024. The Transaction will be considered a “reverse merger” because the members of GOe3 will own more than a majority of the outstanding common stock of the Company following completion of the Proposed Transaction.

About GOe3, LLC

GOe3, LLC (“GOe3”) began operations on February 12, 2000. GOe3 intends on building and operating a network of universal electric vehicle (“EV”) charging stations within 45-75 miles of selected interstate highways across the U.S. GOe3 believes its patent-pending charging station design will be a vital component to the electric vehicle charging station expansion.

The GoE3 Platform includes:
? GOe3’s Unique, Universal 50+ kW Combination Level 2/3 E³EV Charging Station
? GOe3 Integrated Solar Deployment
? GOe3 Travel Phone App and Integrated Business/Consumer Portals

Highlights:
? Multiple patents pending, including networking charging stations;
? Ability to charge any EV manufactured at the fastest possible rate (CHAdeMO, SAE quick charge when available, J1772, and Tesla supported);
? Proprietary advertising/coupon portal supports geo-targeted marketing for surrounding businesses, creating exponential revenue potential; and
? Phone App/Business Portal capitalizes on industry unique features to generate revenue e.g. hotel booking commissions, coupon revenue, business services revenue, user friendly data mining, sponsorships, and more.

Additional information about the GOe3 can be found at www.goe3.com.

About Global Technologies, Ltd.:

Global Technologies, Ltd. (OTC Pink: GTLL) is a publicly traded company with a strong focus on entering new markets including the acquisition and redevelopment of distressed properties. The company seeks to capitalize on underutilized or undervalued assets, creating opportunities for growth, and delivering exceptional value to shareholders.

Contact:
Global Technologies, Ltd
(973) 233-5151
info@globaltechnologiesltd.info
https://www.globenewswire.com/newsroom/ti?nf=OTAxMTI4MSM1OTk5ODI5IzUwMDA3MDc2NQ==
https://ml.globenewswire.com/media/MDRjMjViNGItZWU3Yi00NWQxLTk0ODAtZGY2ZDNlZjVkMDhiLTUwMDA3MDc2NQ==/tiny/Global-Technologies-Ltd-.png

Source: Global Technologies, Ltd

© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/GTLL/news/story?e&id=2729342

Global Technologies, Ltd Closes on the Acquisition of GOe3, LLC

Parsippany, NJ, March 20, 2024 (GLOBE NEWSWIRE) -- Global Technologies, Ltd. (OTC Pink:GTLL), a company with operations in the acquisition and redevelopment of distressed properties, and customer sales management is pleased to announce that on March 15, 2024 the Company closed on the acquisition of GOe3, LLC (“GOe3”).

On March 15, 2024, the Company and GOe3 closed on the proposed Share Exchange Agreement. Effective upon closing, GOe3 became a wholly owned subsidiary of the Company and GOe3’s President, Bruce Brimacombe, was appointed to the Company’s Board and as Chairman of the Board of Directors.

“The great things needed in the EV industry can never be accomplished by one person, they are achieved by a cohesive team,” said Bruce Brimacombe, President of GOe3. “With the union of GOe3 and Global Technologies, we will find our path to success.”

“To say we are pleased with this acquisition would be an understatement,” said Fredrick Cutcher, Chief Executive Officer of Global Technologies. “We firmly believe that we have aligned ourselves with the right company and the right leadership team.”

The terms of the Share Exchange Agreement between the Company and GOe3 can be found in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on March 19, 2024.

About GOe3:

GOe3, LLC (“GOe3”) intends on building and operating a network of universal electric vehicle (“EV”) charging stations within 45-75 miles of selected interstate highways across the U.S. GOe3 believes its patent-pending charging station design will be a vital component to the electric vehicle charging station expansion. For further information, please visit the GOe3 website at goe3.com.

About Global Technologies:

Global Technologies, Ltd. (OTC Pink: GTLL) is a publicly traded company with a strong focus on entering new markets including the acquisition and redevelopment of distressed properties and customer sales management. For further information, please visit the Global Technologies' website at globaltechnologiesltd.info.

Contact:
Global Technologies, Ltd
(973) 233-5151
info@globaltechnologiesltd.info

Media Contact GOe3:
Ania Kubicki
ANGLES Communications
Call/Text: 480-277-9245
ania@anglespr.com
https://www.globenewswire.com/newsroom/ti?nf=OTA2NjUyMyM2MTQ0NTQzIzUwMDA3MDc2NQ==
https://ml.globenewswire.com/media/ZTNiMzMzMzgtOTQ5Yy00ZTg2LTkwNDktOTU1MTBhNTc4YWQzLTUwMDA3MDc2NQ==/tiny/Global-Technologies-Ltd-.png

Source: Global Technologies, Ltd

© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/GTLL/news/story?e&id=2801145



GOe3 Revolutionizes EV Charging Through Innovative Infrastructure and Digital Connectivity

Parsippany, NJ, Jan. 17, 2024 (GLOBE NEWSWIRE) -- GOe3, the Scottsdale-based electric vehicle (EV) infrastructure company, is at the forefront of revolutionizing the travel industry through an innovative EV charging solution that benefits both business and consumer while addressing the struggles of the nation’s current energy grid. The Company is expanding its horizons in 2024, starting with a merger with Global Technologies Ltd. (GTLL: OTC Pink) in the first quarter of the year and an upcoming expansion of production capabilities.

“We don’t have a problem generating the energy, we have a problem properly distributing it,” said Brian Brimacombe, GOe3 Chief Executive Officer. “We’re trying to change that through the use of solutions like bidirectional charging and technology designs that allow our charging stations to be virtually obsolete proof.”

The innovation in the GOe3 charging station is its design as a modular system that allows for the swapping of parts as technology advances while still maintaining UL and UCL certifications. The Company’s patent pending technology avoids the problems faced by other EV charging station manufacturers when needed upgrades make their systems obsolete.

GOe3 charging stations also allow for bidirectional charging, which allows a charged electric vehicle to send energy back into the grid for use by other devices while it is connected to a charging station.

A pioneer in EV charging stations, GOe3 has always focused on the future and the changing needs of the electric car landscape while designing and implementing charging stations. That forward-thinking approach has led to the development of a superior charging station, but Brimacombe’s vision also includes an interconnected world for travelers and businesses.

GOe3’s digital mobility business unit provides drivers with station locations, trip planning, coupons and more at their fingertips through a smartphone app, while giving businesses an advertising platform.

According to Brimacombe, a 255,000-square-foot manufacturing and production facility in Georgia is slated to be fully operational by year’s end. As the company continues to build nationwide momentum, a major contract with a leading tiny-homes manufacturer will further highlight the advantages of GOe3’s proprietary vehicle to grid charging environment.

To learn more about the infrastructure and digital mobility solutions offered by GOe3, visit goe3.com.

About GOe3:

GOe3, LLC (“GOe3”) began operations on February 12, 2000. GOe3 intends on building and operating a network of universal electric vehicle (“EV”) charging stations within 45-75 miles of selected interstate highways across the U.S. GOe3 believes its patent-pending charging station design will be a vital component to the electric vehicle charging station expansion.

About Global Technologies:

Global Technologies, Ltd. (OTC Pink: GTLL) is a publicly traded company with a strong focus on entering new markets including the acquisition and redevelopment of distressed properties. The company seeks to capitalize on underutilized or undervalued assets, creating opportunities for growth, and delivering exceptional value to shareholders.

Contact:
Global Technologies, Ltd
(973) 233-5151
info@globaltechnologiesltd.info

Media Contact GOe3:
Ania Kubicki
ANGLES Communications
Call/Text: 480-277-9245
ania@anglespr.com
https://www.globenewswire.com/newsroom/ti?nf=OTAxOTIxNyM2MDIxNjA2IzUwMDA3MDc2NQ==
https://ml.globenewswire.com/media/MWE0ODQyZWItZmI3NS00NjgwLTg3ZGQtMmMzYWFjNjZmMDJjLTUwMDA3MDc2NQ==/tiny/Global-Technologies-Ltd-.png

Source: Global Technologies, Ltd

© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/GTLL/news/story?e&id=2741769


Global Technologies, Ltd. Enters into Letter of Intent to Acquire EV Space Company, GOe3, LLC

Parsippany, NJ, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Global Technologies, Ltd. (OTC Pink:GTLL), a company with operations in the acquisition and redevelopment of distressed properties, is pleased to announce that the Company will expand its operations by entering into the EV space through its execution of a non-binding Letter of Intent (“LOI”) to acquire GOe3, LLC (“GOe3”).

The LOI sets forth the proposed terms and conditions pursuant to which the Company and GOe3 intend to effect a business combination, as a result of which GOe3 will conduct business as a wholly-owned subsidiary of the Company (“Proposed Transaction”). The Company anticipates that the Proposed Transaction will be structured as a share-for-share exchange, with the Company’s shareholders retaining 30% and GOe3 receiving 70% of the combined Company. The Company will designate a new preferred stock to issue to the GOe3 members in exchange for the membership units. At Closing, Bruce Brimacombe will be named the Company’s President and appointed to the Company’s Board of Directors. Promptly following the closing, the Company will adopt a plan to apply for an uplist to a national exchange or the NASDAQ.

“This is an exciting and important time at the Company,” stated Fredrick Cutcher, Chief Executive Officer of Global Technologies. ”With an expected infusion of capital with the Proposed Transaction, Global Technologies should be well positioned to accelerate its new revenue opportunities in the EV space.”

The Proposed Transaction has been approved by the Board of Directors of the Company and the Managing Members of GOe3 and is expected to close in the first quarter of CY 2024. The Transaction will be considered a “reverse merger” because the members of GOe3 will own more than a majority of the outstanding common stock of the Company following completion of the Proposed Transaction.

About GOe3, LLC

GOe3, LLC (“GOe3”) began operations on February 12, 2000. GOe3 intends on building and operating a network of universal electric vehicle (“EV”) charging stations within 45-75 miles of selected interstate highways across the U.S. GOe3 believes its patent-pending charging station design will be a vital component to the electric vehicle charging station expansion.

The GoE3 Platform includes:
? GOe3’s Unique, Universal 50+ kW Combination Level 2/3 E³EV Charging Station
? GOe3 Integrated Solar Deployment
? GOe3 Travel Phone App and Integrated Business/Consumer Portals

Highlights:
? Multiple patents pending, including networking charging stations;
? Ability to charge any EV manufactured at the fastest possible rate (CHAdeMO, SAE quick charge when available, J1772, and Tesla supported);
? Proprietary advertising/coupon portal supports geo-targeted marketing for surrounding businesses, creating exponential revenue potential; and
? Phone App/Business Portal capitalizes on industry unique features to generate revenue e.g. hotel booking commissions, coupon revenue, business services revenue, user friendly data mining, sponsorships, and more.

Additional information about the GOe3 can be found at www.goe3.com.

About Global Technologies, Ltd.:

Global Technologies, Ltd. (OTC Pink: GTLL) is a publicly traded company with a strong focus on entering new markets including the acquisition and redevelopment of distressed properties. The company seeks to capitalize on underutilized or undervalued assets, creating opportunities for growth, and delivering exceptional value to shareholders.

Contact:
Global Technologies, Ltd
(973) 233-5151
info@globaltechnologiesltd.info
https://www.globenewswire.com/newsroom/ti?nf=OTAxMTI4MSM1OTk5ODI5IzUwMDA3MDc2NQ==
https://ml.globenewswire.com/media/MDRjMjViNGItZWU3Yi00NWQxLTk0ODAtZGY2ZDNlZjVkMDhiLTUwMDA3MDc2NQ==/tiny/Global-Technologies-Ltd-.png

Source: Global Technologies, Ltd

© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/GTLL/news/story?e&id=2729342

Made my point. Your OP was bullshit. The 8K did not show any contracts proposed or otherwise. It CERTAINLY did not show that GTLL had any contracts. Inference that it did was just a pump as it was a false statement.

It is called posting something when it comes out.
Call it whatever you want, so what's your point?

Do you mean like the rank "speculation" that the 8K shows GSA contracts?https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173994674There are no GSA contracts. The 8K only said they hope to get some GSA contracts some day....and that the new management would be gifted another 75% of the company if they do.

As I said....very pathetic....that was just an attempt to move a penny stock up, AKA a pump. Maybe call himself Pennymover or sumthin'?
.

At least you didn't adlib to speculation as with the dog

It only mentions them. That's all.

So you didn't even read it, the part about the new "management" taking ANOTHER 70% of the company from existing shareholders?

How pathetic.

Coming from you doesn't say much. Nor does it hold any weight

Yes....and in other words: If they live up to their promises, they will give themselves almost all of the shareholder equity for doing so.


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8k shows GSA Contracts
https://www.otcmarkets.com/filing/html?id=17345854&guid=ftd-ke5LYXDWJth

Correct. The income statements show that there is no income. The balance sheet shows that they have lost $170M of shareholder money and are insolvent.

Balance sheets do not show revenue. Many small biotech companies show no revenue, but are not deemed shells.