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Global Music International Inc. (GTGP/GTGP.PK) Wrap Up:

Global Technologies Group, Inc. was formerly known as Global Music International and changed its name to Global Technologies Group, Inc. in October 2008. The company was incorporated in 2004 and is based in Sarasota, Florida.
11 Employees
Founded in 2004

Global Technologies Group, Inc. (GTGP:OTC)

Market Cap
568.3K
Total Revenue
73.1K
EBITDA
1.9M
DILUTED EPS TTM
-0.13
P/E
--
P/S
7.8x
Return On Asset
-1,169.05
Return On Equity
143.25
K = Thousands  M = Millions  B = Billions

GTGP Top Compensated Officers

Mr. James Fallacaro
Co-Founder, Chairman of the Board, Chief Exec...
Age: 62
Total Annual Compensation: $75.0K
Ms. Corinne Fallacaro
Secretary, Treasurer and Director
Age: 52
Total Annual Compensation: --

Executives, Board Directors

Compensation as of Fiscal Year 2007.

Key developments for Global Technologies Group, Inc. (GTGP)

Global Technologies Group, Inc. Grants Exclusive Sublicense Valued at $1.525 Million

Global Technologies Group, Inc. has granted an exclusive sublicense for Brownfields and redevelopment properties which utilize the patented MBS technology valued at one million five hundred twenty five thousand dollars ($1,525,000) The sublicense was executed by the company October 07, 2009. The company intends to file a form 8k on October 09, 2009 disclosing the entire license agreement. The exclusive sublicense is for the country of Canada. The license enables the use of the MBS technology for Brownfields and redevelopment sites. MBS (Molecular Bonding System) 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 traditionally more expensive transportation of contaminated soils to off-site locations.

Global Technologies Group Inc. Enters Strategic Teaming Agreement With Science and Technology Applications

Global Technologies Group Inc. has executed a strategic teaming agreement with Science and Technologies Applications, LLC. With this agreement, Global significantly enhances its group capabilities, which include not just heavy metals remediation but also other environmental technologies, as well as high level, low-level and transuranic radioactive waste management.

Global Technologies Group Inc. Executes Master Teaming Agreement with M2 Polymer Technologies, Inc

Global Technologies Group Inc. has executed a master teaming agreement with M2 Polymer Technologies Inc. (M2PT). This agreement enables Global to continue to broaden the reach of its group to include not just heavy metals remediation but all remediation projects in the future.

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GTGP Competitors

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Industry Analysis

Valuation GTGP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 7.8x
Not meaningful
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

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