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)

April 25, 2012

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))

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Item 8.01 Other Event

Other events

On May 7, 2012, Global Technologies Group, Inc. releases the following press release presents report dated May 7, 2012 announcing the execution of a Letter of Intent (L.O.I.) with the Montana Economic Revitalization and Development Institute, Inc.

Item 9.01 Financial Statements and Exhibits

99.1 Press Release dated  May 7, 2012 

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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: May 7, 2012	By:	/s/ James Fallacaro
		James Fallacaro
		Chief Executive Officer,  President & Director

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