Global Technologies Group Inc. Receives Strong Upgrade by Respected Research Firm
27 Maggio 2009 - 2:00PM
Marketwired
Global Technologies Group, Inc. (PINKSHEETS: GTGP), is pleased to
announce a well-respected firm, TRI-STATE Capital (TSC), has
upgraded their equity rating on GTGP. This strong upgrade comes at
a time when the company has signed master teaming agreements with
M2 Polymer Technologies, Inc. and MSE Technology Associates, Inc.
These agreements broaden the reach of Global to include not just
heavy metals but all environmental remediation projects in the
future.
TSC is noted for their work with, account executives, analysts,
portfolio managers, institutions, venture capital investors,
individual investors and the media. To view the entire independent
research report, please click on the attached URL:
http://www.otclive.com.
Company President James Fallacaro states, "We are honored to
have a quality independent research firm review our overall
operations, progress and to provide the resulting upgrade in our
stock. This provides further confirmation to our shareholders that
our company is headed in the right direction." Mr. Fallacaro
further stated, "Our most recent teaming agreements give our
company full capabilities to handle any project which we decide to
pursue. As environmental regulations increase, our company will be
well structured to handle any remediation project required."
About Global Technologies Group, Inc.:
Global Technologies Group, Inc. is a company that is in the
business of acquiring exclusive licenses on proven new technologies
in the environmental and green industries. The criteria for the
licensing of the technologies are they must be proven, in use and
have an underlying valid patent.
Global utilizes under exclusive license, the Molecular Bonding
System (MBS) technology for Brownfield and Redevelopment sites. MBS
renders metal-contaminated soil inert and has passed the United
States EPA Multiple Extraction Procedure (MEP) 1,000 year test,
showing that the technology permanently stops heavy metals, such as
lead, arsenic and cadmium, from leaching into the environment,
including rivers, marshes and streams. This system is especially
suited for on-site remediation, eliminating the transportation of
contaminated soils to off-site locations. The MBS technology is a
product of U.S. patents 5,898,093 and 5,877,393 issued and
exclusively licensed to Global for the Americas and Russia by
Solucorp Industries.
This release may include forward-looking statements from the
company that may or may not materialize. Additional information on
factors that could potentially affect the company's financial
results may be found in the company's filings with the Securities
and Exchange Commission.
Contact: Global Technologies Group, Inc. E-mail: Email Contact
www.glbtech.com
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