Initial Statement of Beneficial Ownership (3)
September 02 2020 - 5:19PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Anderson Jimmy Wayne |
2. Date of Event Requiring Statement (MM/DD/YYYY)
8/28/2020
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3. Issuer Name and Ticker or Trading Symbol
GLOBAL TECHNOLOGIES LTD [GTLL]
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(Last)
(First)
(Middle)
501 1ST AVE N., SUITE 901 |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__X__ Director ___X___ 10% Owner ___X___ Officer (give title below) _____ Other (specify below) President / |
(Street)
ST. PETERSBURG, FL 33701
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 900000000 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Series L Preferred Stock (1) | (2) | (2) | Common Stock | 10 | (2) | I | See Explanation (1) |
Explanation of Responses: |
(1) | The reported securities of the Company are held by Sylios Corp, for which Jimmy Wayne Anderson is the President and has sole authority to dispose of the shares of common stock. |
(2) | Each share of the Company's Series L Preferred stock can be converted into shares of the Company's Class A Common stock based on the following formula: $5,000 divided by .70 times the lowest closing price of the Company's Class A Common Stock for the immediate five-day period prior to the receipt of the Notice of Conversion. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Anderson Jimmy Wayne 501 1ST AVE N., SUITE 901 ST. PETERSBURG, FL 33701 | X | X | President |
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Signatures
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/s/ Jimmy Wayne Anderson | | 9/2/2020 |
**Signature of Reporting Person | Date |
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