Global Technologies Group, Inc. Authorizes Issuance of Dividends
December 13 2011 - 10:43AM
Marketwired
Global Technologies Group, Inc. (PINKSHEETS: GTGP) (GLOBAL) -- The
board of directors of Global have authorized the issuance of a
dividend distribution of the common stock of Global Technology
Holdings, Inc. to all shareholders of the common stock of Global
Technologies Group, Inc.
Global will issue the dividend on a share for share basis to all
the shareholders of record as of close of business on December 24,
2011. For each share of Global held as of the record date,
shareholders will receive one share of Global Technology Holdings,
Inc., a company that was formed specifically for the purpose of
acquisitions and exclusive licensing of companies in the fields of
remediation and sophisticated proven technologies.
Global has ordered the NOBO lists of all shareholders as well as
the shareholders list from its transfer agent Pacific Stock
Transfer for the effective date of December 24, 2011. Upon receipt,
Global will file the appropriate forms with Finra outlining the
terms of the dividend distribution.
"We feel that it is in the best interest of our shareholders to
issue the dividend in advance of any pending acquisition and to let
them know the structure of the distribution," 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.
For additional information on MSE, MBS, M2and please visit our
website at WWW.GLBTECH.COM.
Contact James Fallacaro Email Contact 941-685-1616
WWW.GLBTECH.COM Global Technologies Group, Inc. 1304 North
Lakeshore Dr. Sarasota, Fl 34231 FAX 941-847-0909
Global Technologies (CE) (USOTC:GTGP)
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