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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): August 2, 2024 (July 31, 2024)
GLOBAL
TECHNOLOGIES, LTD
(Exact
Name of Registrant as Specified in Charter)
Delaware |
|
000-25668 |
|
86-0970492 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
8
Campus Dr., Suite 105, Parsippany, NJ 07054
(Address
of Principal Executive Office) (Zip Code)
(973)
233-5151
(Registrant’s
Telephone Number, Including Area Code)
(Former
name or former address, if changed since last report)
Not
Applicable
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Class
A Common Stock, $0.0001 par value per share |
|
GTLL |
|
OTC
Markets “PINK” |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
7.01 Regulation FD Disclosure
On
July 31, 2024, the Company issued a press release announcing that its wholly owned subsidiary, GOe3, LLC, had launched a revolutionary
Artificial Intelligence (AI) system designed from the ground up to protect user identities while simultaneously delivering an authentic
user experience to the marketplace.
A copy of the Company’s press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
The
information in this Item 7.01 (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific
reference in such a filing.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
|
GLOBAL
TECHNOLOGIES, LTD |
|
|
|
Date:
August 2, 2024 |
By: |
/s/
Fredrick Cutcher |
|
Name:
|
Fredrick
Cutcher |
|
Title: |
Chief
Executive Officer |
Exhibit
99.1
GOe3
Unveils AI Designed to Protect User Identity and Empower Individuals
PARSIPPANY,
New Jersey, July 31, 2024 (GLOBE NEWSWIRE) -- Global Technologies, Ltd. (OTC Pink: GTLL) (the “Company”) is pleased
to announce that its subsidiary, GOe3, LLC, has launched a
revolutionary Artificial Intelligence (AI) system designed from the ground up to protect user identities while simultaneously delivering
an authentic user experience to the marketplace.
The
new AI system offers the following key features:
Complete
Anonymity: The AI system ensures complete anonymity for users, always protecting their identities and personal information.
Income
for User Data: In a first-of-its-kind initiative, the AI system provides users with income for their data. This innovative approach
acknowledges the value of user data and empowers individuals to benefit from it.
AI
Assistant: The AI system also functions as a personal assistant, catering to all personal needs of the user. Built with device mobility
in mind, the AI assistant is accessible anytime, anywhere.
User
Computing Enhancement: The AI system provides a leveling system that enhances user computing understanding and implementation. This
feature is designed to help users improve their digital literacy and make the most of their online experiences.
Decentralized
Blockchain: The AI system creates a digital version of the user on a decentralized blockchain. This “digital you” can
manage all of your needs, with you in control at all times.
“We
are incredibly excited about this launch,” said Bruce Brimacombe, Chief Executive Officer of GOe3. “Our new AI system is
a game-changer. It not only protects user identities but also empowers individuals by giving them control over their data and providing
them with a personalized AI assistant.”
“GOe3
is committed to pushing the boundaries of technology and creating solutions that put users first,’” said Fredrick Cutcher,
Chief Executive Officer of Global Technologies. “This new AI system is a testament to that commitment.”
About
Global Technologies, Ltd.:
Global
Technologies, Ltd, based in Parsippany, NJ, is a multi-operational
company with a strong desire to drive transformative innovation and sustainable growth across the technology and service sectors, empowering
businesses and communities through advanced, scalable solutions that enhance connectivity, efficiency, and environmental stewardship.
The Company envisions a future where technology seamlessly integrates into every aspect of life, improving the quality of life and the
health of the planet. Our vision is to lead the industries we serve with groundbreaking initiatives that set new standards in innovation,
customer experience, and corporate responsibility, thereby creating enduring value for all stakeholders. For further information, please
visit the Company’s website at www.globaltechnologiesltd.info.
About
GOe3, LLC:
GOe3,
LLC, based in Scottsdale, AZ, 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 Company’s website
at www.goe3.com.
Forward-Looking
Statements and Disclaimer
Statements
made in this press release that express the Company or management’s intentions, plans, beliefs, expectations or predictions of future
events, are forward-looking statements. The words “believe,” “expect,” “intend,” “estimate,”
“anticipate,” “will” and similar expressions are intended to further identify such forward-looking statements, although
not all forward-looking statements contain these identifying words. Those statements are based on many assumptions and are subject to
many known and unknown risks, uncertainties and other factors that could cause the Company’s actual activities, results or performance
to differ materially from those anticipated or projected in such forward-looking statements. The Company cannot guarantee future financial
results; levels of activity, performance or achievements and investors should not place undue reliance on the Company’s forward-looking
statements. No information contained in this press release should be construed as any indication whatsoever of the Company’s future financial
performance, future revenues or its future stock price. The forward-looking statements contained herein represent the judgment of the
Company as of the date of this press release, and the Company expressly disclaims any intent, obligation or undertaking to update or
revise such forward-looking statements to reflect any change in the Company’s expectations with regard thereto or any change in events,
conditions or circumstances on which any such statements are based. No information in this press release should be construed as any indication
whatsoever of the Company’s future revenues or results of operations.
Contact:
Global
Technologies, Ltd
(973) 233-5151
info@globaltechnologiesltd.info
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