-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Lh8aqVSQFlxhNS0i1yYFvMA7HL+2EZ02JfhPVGMwLTUm9Gt9TEy2huBNJAznsPx2 p1OyMAPA7Uft/E3D1eKtXQ== 0001108017-10-000270.txt : 20101012 0001108017-10-000270.hdr.sgml : 20101011 20101012101842 ACCESSION NUMBER: 0001108017-10-000270 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20101009 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20101012 DATE AS OF CHANGE: 20101012 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Global Technologies Group, Inc. CENTRAL INDEX KEY: 0001308841 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 201354562 STATE OF INCORPORATION: FL FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-120908 FILM NUMBER: 101117870 BUSINESS ADDRESS: STREET 1: 1304 N LAKESHORE DRIVE CITY: SARASOTA STATE: FL ZIP: 34231 BUSINESS PHONE: 941-685-1616 MAIL ADDRESS: STREET 1: 1304 N LAKESHORE DRIVE CITY: SARASOTA STATE: FL ZIP: 34231 FORMER COMPANY: FORMER CONFORMED NAME: Global Music International, Inc. DATE OF NAME CHANGE: 20041116 8-K 1 gt8k.htm gt8k.htm
 
UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549


FORM 8-K

CURRENT REPORT
 Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)
October 9, 2010
 
Global Technologies Group, Inc.
 (Exact name of registrant as specified in its charter)

Florida
 (State or other jurisdiction of incorporation)

333-120908
 (Commission File Number)

20-1354562
 (IRS Employer Identification No.)

1304 N Lakeshore Drive, Sarasota, Florida 34231
 (Address of principal executive offices and Zip Code)
 
941-685-1616
 Registrant's telephone number, including area code
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
 
-1-

 
 
Item 1.01 Entry into a Material Definitive Agreement.

               
     Global Technologies Group


ON OCTOBER  09, 2010 Global Technologies Group, Inc., (OTC PK: GTGP), granted an exclusive distribution and reseller rights contract  for all technologies which are under license, sub licensed or distributed by Global to Sadhana Equity Investments, Inc., a privately held company for six hundred fifty thousand dollars. ($650,000) The agreement was executed by Global and Sadhana on October 09, 2010. The exclusive agreement is for the country of Italy. This agreement is a continuation of Global’s plan for expansion of distribution and sales in its’ covered countries.
 
The full terms of the agreement granted have not been disclosed.

Contact: Global Technologies Group, Inc
JIMF@GLBTECH.COM
WWW.GLBTECH.COM
Ph: 941-685-1616
Fx: 941-847-0909

About Global Technologies Group, Inc:

Global Technologies Group, Inc. is a company that is in the business of acquiring exclusive licenses, exclusive distribution and reseller agreements on proven new technologies in the environmental and green industries. The criteria for the licensing and exclusive distribution and reseller agreements of the technologies are they must be proven, in use and have an underlying valid patent. The business plan of Global is to utilize the licenses for its’ own use and to also sublicense the technologies it acquires to companies in geographic regions covered under the original license grant.
 

 
-2-

 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
  GLOBAL TECHNOLOGIES GROUP, INC.  
       
Date: October 12, 2010
By:
/s/ James Fallacaro  
    James Fallacaro  
    Chief Executive Officer,
 President & Director
 
       

 
-3-

 
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