Global Technologies Ltd (PK) (GTLL) News

I am a little surprised too. Although Anderson still control GTLL with his super-voting shares.

Cutcher and Brimacombe worked under Anderson's control. And now Flippen too.

I'm a little surprised this is trading $.0002s. The Anderson taint must be strong with this ticker.

GOe3 has been in business since 2000 trying to get their charging business up and running. Time to give up on it and focus on their core competency. It was a bad decision to acquire it in the first place, but at the time charging stations were all the rage.

Bye bye GOE3
But 10Folds... looking good 
Quite the turnaround from Shell Status

Global Technologies, Ltd. Announces Second Consecutive Quarter of Record-Breaking Revenue and Profitability Following Successful Reorganization

Parsippany, NJ, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Global Technologies, LTD (OTC: GTLL), a multi-operational company driving innovation and sustainable growth across the technology and service sectors, is pleased to announce a its financial results for the second quarter ended December 31, 2024, marking a significant milestone in the Company’s strategic growth and profitability.

Financial Highlights:
Fiscal 2nd Quarter Fiscal 6 Months (Cumulative)
Revenue: $917,077 Revenue: $1,586,508
Gross Profit: $372,582 Gross Profit: $850,124
Net Income: $186,807 Net Income: $443,356

Strategic Reorganization and Leadership Evolution

The remarkable financial turnaround of Global Technologies, Ltd. is largely attributed to the 2024 strategic plan, developed by Frederick Cutcher and the Board of Directors, which laid the foundation for the Company’s new operational growth model. This plan, executed throughout 2024, established a clear structure for expansion, fueling the creation of 10 Fold Services, the Company’s primary revenue-generating subsidiary.

Wyatt Flippen, a former consultant for the company, was brought on as CEO in November 22, 2024, to further refine and execute the Company’s vision. Since joining, Flippen has instilled strengthened financial oversight and strategic discipline, complementing Cutcher’s leadership in scaling 10 Fold Services. Cutcher continues to focus on expanding 10 Fold, while also serving as a key board member and providing valuable strategic direction.

CEO’s Vision for the Future

“The transformation we’ve seen in just a short period has been incredible,” said Wyatt Flippen, CEO of Global Technologies, Ltd. “Frederick Cutcher and the Board set the stage for success in 2024 with a strong strategic plan, and since stepping in as CEO, my focus has been on adding financial depth, operational discipline, and long-term planning. We’re seeing the direct results of those efforts, and we’re just getting started.”

He continued, “Top line revenue for Calendar 2024 is just over $2.6 million, and we expect to secure several new contracts that could further accelerate our revenue and profitability inside 10 Fold Services. My mission remains clear—to drive sustainable profitability and deliver shareholder value.”

Evaluating GoE3 and Future Growth Opportunities

The Company is currently assessing the feasibility of its second subsidiary, GoE3, which was originally conceived as an EV charging solutions provider.

“GoE3 is still in its early stages, and while we’ve made limited capital investments, we are carefully analyzing its long-term viability in the current geopolitical and economic landscape,” Flippen stated. “With shifts in government policies, particularly around clean energy incentives, we must be prudent in

evaluating whether GoE3 can provide immediate shareholder value. If we determine it does not align with our near-term objectives, we will have no hesitation in shelving the project.”

A Future Built on Growth & Expansion

Global Technologies, Ltd. is committed to continuously evaluating new subsidiary opportunities that align with its mission to drive revenue, profitability, and ultimately, maximize shareholder returns. The Company remains focused on building sustainable businesses that create long-term value, leveraging a combination of operational execution, financial discipline, and strategic innovation.

About Global Technologies, Ltd.:

Global Technologies, Ltd. is a multi-operational company that is driving innovation and sustainable growth across the technology and service sectors. With a strategic focus on the health and wellness and electric vehicle industries through its subsidiaries, the company leverages cutting-edge technology and innovative business models to revolutionize these sectors. Global Technologies is dedicated to enhancing connectivity, efficiency, and environmental stewardship, thereby delivering substantial value to its customers, partners, and shareholders. Its mission is rooted in empowering businesses and communities with scalable solutions that not only meet current demands but also anticipate future needs, ensuring a sustainable and thriving future for all stakeholders.

Forward Looking Statements:

Statements made in this press release that express the Company or management’s intentions, plans, beliefs, expectations or predictions of future events, are forward-looking statements. The words “believe,” “expect,” “intend,” “estimate,” “anticipate,” “will” and similar expressions are intended to further identify such forward-looking statements, although not all forward-looking statements contain these identifying words. Those statements are based on many assumptions and are subject to many known and unknown risks, uncertainties and other factors that could cause the Company’s actual activities, results or performance to differ materially from those anticipated or projected in such forward-looking statements. The Company cannot guarantee future financial results; levels of activity, performance or achievements and investors should not place undue reliance on the Company’s forward-looking statements. No information contained in this press release should be construed as any indication whatsoever of the Company’s future financial performance, future revenues or its future stock price. The forward-looking statements contained herein represent the judgment of the Company as of the date of this press release, and the Company expressly disclaims any intent, obligation or undertaking to update or revise such forward-looking statements to reflect any change in the Company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. No information in this press release should be construed as any indication whatsoever of the Company’s future revenues or results of operations.

Contact:

H. Wyatt Flippen
CEO
Global Technologies, LTD
336.404.7982
w.flippen@globaltechnologiesltd.com
https://www.globenewswire.com/newsroom/ti?nf=OTM2MTYxNyM2NzYwMTc3IzUwMDA3MDc2NQ==
https://ml.globenewswire.com/media/NjRiNTdhZTgtNTY5Ni00Mjg4LWI0YzYtNTczMjBjNmY3YTc4LTUwMDA3MDc2NQ==/tiny/Global-Technologies-Ltd-.png

Source: Global Technologies, Ltd

© 2025 GlobeNewswire, Inc.

https://www.otcmarkets.com/stock/GTLL/news/story?e&id=3146025

Very!
It thought it was a dump or short. But ended up more buys then sells today

Very strange movement on the L2 today

Looking like some heavy short volume today. 
Or someone who had some shares sold their bag.

One might consider a Spin-off of 10Fold if/after the attached gets fulfilled with GOe3 

But they are still on 2a 

It just took getting Anderson out of the picture. Cutcher wasn't there long and Flippen seems to have gotten things going with 10 Fold Services.

From A Shell to not a Shell
But this is all 10Folds and not GOe3
For those that follow

Hmmmm....after many years of scams could it be true the company is finally legit?

Hard to believe but this is 4 qtrs in a row now.
.

10-Q is out. Revenue is actually up.

https://www.otcmarkets.com/filing/html?id=18190074&guid=g60-keBRfGqqJth

Yep....that is usually how it works in pinky scams. days before a PR a sudden increase in buying occurs.....for no apparent reason, right?

Maybe we won't see 1/2 today after all
Someone was taking out the bid Monday & Tuesday

Global Technologies, Ltd. (GTLL) Reports 29% Growth in Shareholder Equity Over First Half of Fiscal Year

Parsippany, NJ, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Global Technologies, LTD (OTC: GTLL), a multi-operational company driving innovation and sustainable growth across the technology and service sectors, is pleased to announce a 29% increase in shareholder equity over the first six months of its fiscal year. As of December 31, 2024, shareholder equity reached $1,975,827, up from $1,532,471 reported on June 30, 2024.

"This 29% increase in shareholder equity is a clear indicator that our strategic initiatives are working and that GTLL is on a strong upward trajectory. It reflects not only our commitment to smart investments and operational excellence but also the confidence our stakeholders have in our vision. As we move forward into 2025, we remain focused on expanding our portfolio, driving innovation, and creating long-term value for our shareholders. This is just the beginning of an exciting growth phase for GTLL."
– Wyatt Flippen, CEO, Global Technologies, LTD

This growth highlights GTLL’s ongoing efforts to strengthen its portfolio through strategic investments, enhance operational efficiencies, and generate long-term value for shareholders. With a strong financial foundation in place, the company is well-positioned to pursue new investment opportunities, foster innovation, and accelerate growth across its subsidiaries. As GTLL moves forward into 2025, it remains committed to delivering sustainable financial performance and increasing shareholder value.

About Global Technologies, Ltd.:

Global Technologies, Ltd. is a multi-operational company that is driving innovation and sustainable growth across the technology and service sectors. With a strategic focus on the health and wellness and electric vehicle industries through its subsidiaries, the company leverages cutting-edge technology and innovative business models to revolutionize these sectors. Global Technologies is dedicated to enhancing connectivity, efficiency, and environmental stewardship, thereby delivering substantial value to its customers, partners, and shareholders. Its mission is rooted in empowering businesses and communities with scalable solutions that not only meet current demands but also anticipate future needs, ensuring a sustainable and thriving future for all stakeholders.

Forward Looking Statements:

Statements made in this press release that express the Company or management's intentions, plans, beliefs, expectations or predictions of future events, are forward-looking statements. The words "believe," "expect," "intend," "estimate," "anticipate," "will" and similar expressions are intended to further identify such forward-looking statements, although not all forward-looking statements contain these identifying words. Those statements are based on many assumptions and are subject to many known and unknown risks, uncertainties and other factors that could cause the Company's actual activities, results or performance to differ materially from those anticipated or projected in such forward-looking statements. The Company cannot guarantee future financial results; levels of activity, performance or achievements and investors should not place undue reliance on the Company's forward-looking statements. No information contained in this press release should be construed as any indication whatsoever of the Company's future financial performance, future revenues or its future stock price. The forward-looking statements contained herein represent the judgment of the Company as of the date of this press release, and the Company expressly disclaims any intent, obligation or undertaking to update or revise such forward-looking statements to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. No information in this press release should be construed as any indication whatsoever of the Company's future revenues or results of operations.

Contact:
H. Wyatt Flippen
CEO
Global Technologies, LTD
336.404.7982
w.flippen@globaltechnologiesltd.com
https://www.globenewswire.com/newsroom/ti?nf=OTM1MzIxNiM2NzM1OTA4IzUwMDA3MDc2NQ==
https://ml.globenewswire.com/media/YTk3YmQ5ZTItYmE4MS00ZTBkLWE0MzYtYmJjMWU3YzNlOWQ4LTUwMDA3MDc2NQ==/tiny/Global-Technologies-Ltd-.png

Source: Global Technologies, Ltd

© 2025 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/GTLL/news/story?e&id=3127527

Scammer Jimmy Anderson running yet another scam here.

Yessir. The RS that will never happen will happen, right?

The OTC just loves "investors" who help their scams. And I do like letting them string along their ignorance and/or lies.

"but there won't be a reverse split because he never used the words "Reverse split". I'm still laughing.

.

The poster is being an overly dramatic attention seeker. Yes, a RS is most likely needed at some point, but the company is also making money so the SP should naturally rise here in the next few months. It also sounds like we could be getting a PR here soon that should also help.

Ideally, it would be nice to see this at .01 or .02 cents minimum before any RS consideration. Something along the lines of a 1/500 or less RS is more realistic.

Any notes left? I thought we wrapped those up last year.
Can't tell if it's a short, note or news.
But bid/ask did flip

LOL - it actually has a weak pulse!! Wake up you dog...

I would like a good laugh.

Name one or two other ways. I have named two. One using a R/S and another to build this thing from a 500K to a 11 figure cap rate in less than a year.....which seems to be hilariously believed, or at least "pretended" to be believed for the sake of selling worthless shares.

L

Yep, there are still fools out there who read the PR and think GCAN can uplist to the NASDAQ without doing a Reverse split.

Speculating? LMAO. To up-list, they need to have the share price above $4.00. The share price is .0002. They need to either make this company into the 160th largest company in the USA in one year with a $60B Cap......OR do an approx 1/40,000 RS.

But I guess there are fools out there who read the PR and think GTLL can do it without a RS.

If you are inferring they will RS based on the NASDAQ uplist then ok say that. No need to try and be slick and cryptic. You’re speculating they will RS. And throwing out ridiculous numbers lmao. But like people have said it’s not the only way to lower the SS…your post seems pretty scammy and it’s a wonder why you’re the only MOD on this board.

If you are doing word searches...apparently not. You need to be able to understand what you are reading. They announced they intend on doing a reverse split in 2025 and it needs to be about a 1 for 40,000 R/S.

LOL...copy that! It is one way to uplist, yet many other ways exist, that is true.
It kind of makes it seem like gloom and doom (RS) is coming. 40,000 to 1 is way out there and not happening.

It's the only reasonable way for the sp to get to the level required to uplist to the NASDAQ with their current share structure. You can't think it would get there organically, do you?

Authorized Shares 14,991,000,000

Outstanding Shares 14,688,440,097

Restricted 1,354,108,863

Unrestricted 13,334,331,234

He's trying to say the only way to uplist is RS. Which is not true.

OMG.....you need to read it again. Do you need me to show you where it is?

I just did a word search for “reverse split” on this article and nothing comes up. Can you show me where I’m wrong?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175552419

I've read it three times....so where in there does it say reverse split coming? No where...english is english, yet doesn't say RS coming
(Guess there may be something between the lines?)

That's the one....and yes, it talks about a reverse split coming. Some people need it spelled out I guess. Usually they are the smartest guys in the room, right?

this one from December 19 where there is no mention of a reverse split?

https://finance.yahoo.com/news/shareholder-desk-h-wyatt-flippen-130000745.html

There is nothing in the PR from 2 1/2 weeks ago that says anything about your post.
I guess, no link

I told you....it is in the PR from 2-1/2 weeks ago.

Link please

Direct from H. Wyatt Flippen, CEO of GTLL. Chartmaster posted it about 2-1/2 weeks ago.

A recent Company PR

It's what the CEO said recently.

Gotta link?
Don't think it was for GTLL

Link?

So when do we think that one for about 40,000 reverse split that they just announced for 2025 will happen?

Just checked in here
A mouse is stirring!
Merry Christmas everyone!

GLTA

No problem. All he has to do is make this a $60B company in 2025 to be eligible for a Nasdaq listing.....which would make it about the 160th largest company in the US by market cap .... just above the likes of Target, Kinder-Morgan, Hilton Worldwide and GM.

LMAO....some companies are not just scams, they have to scream that they are scams.

ty. Nasdaq listing???

Shareholder Update From the Desk of H. Wyatt Flippen, CEO and Board Member

Parsippany, NJ, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Global Technologies, Ltd (OTC: GTLL), a multi-operational company driving innovation and sustainable growth across the technology and service sectors.

Dear Valued Shareholders,

I am honored to address you today as the newly appointed CEO and a member of the Board of Directors of Global Technologies, LTD. This marks a pivotal moment for our company, and I am committed to leading Global into a new era of growth, innovation, and financial success.

Reflecting on 2024

This past year has been transformative for Global. Our team has worked tirelessly to execute our vision, resulting in a series of positive reports and press releases that have showcased the Company’s significant progress across our business sectors. These achievements have set the foundation for even greater success in the coming year.

Current Financial Position

I am pleased to report that Global has achieved consistent monthly revenue growth coupled with improving profitability. These financial gains highlight the strength of our diversified business model and the value our subsidiaries bring to the table. As we close out 2024, our financial stability places us in a strong position to capitalize on opportunities in 2025.

Looking Ahead to 2025

In the coming weeks, we will unveil our comprehensive 2025 Strategic Plan. This plan will include detailed financial forecasts and a step-by-step roadmap for one of our most ambitious goals: uplisting Global to NASDAQ. While this will be a challenging task, I have full confidence in the determination and expertise of our team to achieve this milestone. We anticipate completing the uplisting process within 2025, positioning Global for even greater visibility and investor confidence.

Subsidiary Updates and Growth Drivers

10 Fold Services

Our flagship subsidiary, 10 Fold, a strategic consulting and procurement agency specializing in go-to-market planning and execution for companies in the health and wellness industries, is on track to sustain its impressive growth trajectory. We expect this momentum to accelerate in 2025, fueled by expanding market opportunities and ongoing operational improvements.

GOe3

Our EV charging subsidiary, GOe3, is preparing to launch its groundbreaking back-end software platform in Q2 2025. This platform leverages artificial intelligence to enhance our ability to capture recurring revenue, adding significant value to our operations. GOe3 is also advancing its real estate development initiative, incorporating its microgrid and home charging solutions as anchors for several innovative tiny home communities. We expect revenue from charging stations and tax credits to accelerate in Q2 2025, marking GOe3’s first substantial revenue contributions. This additional operating capital will fuel our continued expansion and development.

The Path Forward

2025 promises to be a landmark year for Global. With anticipated growth in sales, gross margin, and profitability, combined with expansion into new and emerging markets. Global Technologies, LTD. and its subsidiaries 10 Fold and Goe3 are poised for remarkable success in 2025 and beyond. Our management team remains steadfast in its mission to engineer our business holdings for sustained profitability and shareholder value.

Thank you for your continued support and trust as we embark on this exciting journey together. I look forward to providing more updates as we execute our strategy and achieve new milestones.

Sincerely,
H. Wyatt Flippen
CEO and Board Member
Global Technologies, LTD

About Global Technologies, Ltd:

Global Technologies, Ltd is a multi-operational company that is driving innovation and sustainable growth across the technology and service sectors. With a strategic focus on the health and wellness and electric vehicle industries through its subsidiaries, the company leverages cutting-edge technology and innovative business models to revolutionize these sectors. Global Technologies is dedicated to enhancing connectivity, efficiency, and environmental stewardship, thereby delivering substantial value to its customers, partners, and shareholders. Its mission is rooted in empowering businesses and communities with scalable solutions that not only meet current demands but also anticipate future needs, ensuring a sustainable and thriving future for all stakeholders.

Forward Looking Statements:

Statements made in this press release that express the Company or management's intentions, plans, beliefs, expectations or predictions of future events, are forward-looking statements. The words "believe," "expect," "intend," "estimate," "anticipate," "will" and similar expressions are intended to further identify such forward-looking statements, although not all forward-looking statements contain these identifying words. Those statements are based on many assumptions and are subject to many known and unknown risks, uncertainties and other factors that could cause the Company's actual activities, results or performance to differ materially from those anticipated or projected in such forward-looking statements. The Company cannot guarantee future financial results; levels of activity, performance or achievements and investors should not place undue reliance on the Company's forward-looking statements. No information contained in this press release should be construed as any indication whatsoever of the Company's future financial performance, future revenues or its future stock price. The forward-looking statements contained herein represent the judgment of the Company as of the date of this press release, and the Company expressly disclaims any intent, obligation or undertaking to update or revise such forward-looking statements to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. No information in this press release should be construed as any indication whatsoever of the Company's future revenues or results of operations.

Contact:
H. Wyatt Flippen
CEO
Global Technologies, Ltd
336.404.7982
w.flippen@gmail.com
https://www.globenewswire.com/newsroom/ti?nf=OTMyMTY5OCM2NjQ0NDMzIzUwMDA3MDc2NQ==
https://ml.globenewswire.com/media/MjgzODk5YmMtZGUwYy00OGU5LWIyY2UtZWZiY2U4M2NkM2FlLTUwMDA3MDc2NQ==/tiny/Global-Technologies-Ltd-.png

Source: Global Technologies, Ltd

© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/GTLL/news/story?e&id=3080820

https://x.com/GlobalTechGTLL/status/1861032041392845116

They "sold" a lot of preferred shares. "Sold" as in giveaways. The value of those shares had been shown as a liability. When those preferred shares were issued, that liability went away thus having the effect of increasing shareholder equity.

Showing that shareholders giving away equity actually increases equity. But only in the pinkies.