Company issued 8-K form this morning:
“On July 7, 2010 Global Technologies Group, Inc (“Global”) entered into an exclusive distribution and reseller agreement with MSE Technology Associates, Inc. (“MSE”) a company that has been in business for 35 years and deals mainly with the Department of Energy and Military developing new technologies for specific purposes. The agreement covers all products that have been developed and manufactured and are being developed by MSE. Global will also act as a purchasing agent as well. We are currently negotiating additional territories as progress merits. We have recently appointed sales representatives in various countries covered under our agreement.