Showing posts with label GTLL. Show all posts
Showing posts with label GTLL. Show all posts

Wednesday, January 12, 2011

Chart of The Day - GTLL





A press release (pasted below the chart) came out early in the session and the shares rallied 2,100% in the span of a few hours. The stock ended the day only 1,300% higher on over $1 million in trading volume.

This news hit the wires back in early December, but fell on deaf ears. Today investors were willing to buy on the news and made this the biggest gainer in the market today.








Global Technologies to Acquire and Merge With VX Partners and Enter Social Media and Networking Technology Marketspace

LONDON, Jan 12, 2011 (MARKETWIRE via COMTEX) -- Global Technologies, Ltd. (PINKSHEETS: GTLL) has completed a Merger and Acquisition agreement with VX Partners. This agreement calls for all current management of the Company to be immediately replaced by VX Partners' executive team, all current technology assets to be sold as soon as practicable, and all financial filings be brought current. The terms of the agreement call for a simple 'stock swap' transaction among the control parties. No common stock will be issued as part of the transaction and no reverse split will occur. The company will retain its current name and trading symbol and will create brand equity for its individual holdings as part of its marketing programs.

VX Partners has 2010 year-end combined current revenues of approximately $6 million and has technology and related assets valued privately by the company at over $15 million. VX Partners believes the market valuation of its assets will achieve far greater levels and has placed its current estimate of asset valuation purposely low.

VX Partners will make rapid disclosure of both technology and financial related aspects of its operations.

Investors can expect an official release of the company's web sites and marketing information as well as business-related announcements of its technology partnerships and distribution agreements.

About VX Partners

VX Partners is a special purpose private technology holding partnership which owns several social media and related technolgies for the rapid creation, deployment, and dsitribution of social networking for both personal and business related applications. VX Partners' technologies include: GPS auto-checkin locator services for personal and commercial relevance networking, rapid-build social site construction tools for vertical and custom branded market applications for both customer and employee loyalty and incentive programs, personal and enterprise application tool builder for individualized applications for social media interactions and sharing. VX Partners' technology and applications are designed to create new stand-alone social media sites as well as integrate into or tie-together existing popular sites such as Facebook, eBay, Twitter, Amazon.Com, among others. VX Partners has branded its technology and solutions for as the "Social Cloud Space" enabled by the integration, communication, and seamless access by and among multiple social platforms.

ABOUT THE COMPANY

Global Technologies, Ltd. (GTL) is a technology portfolio company that acquires technology assets to enhance their growth and development. The company builds revenues and asset value through a model of developmental and acquisition growth. The company receives income from, or sale of, its portfolio holdings or technology licensing agreements.

Thursday, September 16, 2010

Friday's Stocks To Watch - EPGL, HTLJ, XYNH, GTLL


EPGL after the market closed the company released some great news which gave us a taste of the positive developments they have in store for their shareholders. It appears EPGL already following through on its statements made in its last press release, namely to build shareholder equity to a level befitting the positive developments to be announced shortly. Today's news is something the company can build upon and I think the share price will react accordingly. I think those of you who have been listening to me about this stock will be very happy as this stock moves higher.

HTLJ those watching this stock trade in the $.20 - $.25 range this week, in my opinion, will be watching this stock trade at $.30 - .35 next week. Those buying in this current range will likely be sitting on a 400% or better gain in the short term. This stock has been trading inside a pressure cooker the last few months ready to embark on a rally that will bring the stock closer to its fair valuation, which I think is at least $2-$3 a share.

UWRL volume has lightened up and the price is holding strong at $.0008. This looks like the spot where the bulls will begin to make their move. Modest buying interest should bring this stock back over $.001, and once the skull and cross bones gets taken care of, over $.006 a share.

GTLL some potent news was released today that brought a decent pop in the stock before it fell back to close even. I think the press release is still being disseminated, and tomorrow it could head back to the $.0004 - .0005 area. This is one of those dump and run stocks in the mold of recent runners MSOA and QOIL, except it hasn't had its run just yet. That run could start as soon as tomorrow.