Global Technologies Ltd (PK) (GTLL)

Sounds slightly OK. While it contains a lot of the standard rhetoric, it does (barely) articulate a plan for going forward.

Global Technologies, LTD Announces Quarterly Filing, Board Expansion, Governance Updates, Strategic Letter of Intent, and Third Quarter Operating Progress $GTLL

See Full Press Release Here: https://t.co/jsHNn32exS pic.twitter.com/cWI1Tb1bcO— Global Technologies, Ltd. (@GlobalTechGTLL) June 9, 2026

Like clockwork.

Date Symbol Company Name Old Market New Market Security Type
06/04/2026 Limited Information IconGTLL Global Technologies, Ltd. Expert Market Pink Limited Common Stock
05/25/2026 Expert Market IconGTLL Global Technologies, Ltd. Pink Limited Expert Market Common Stock
01/21/2026 Limited Information IconGTLL Global Technologies, Ltd. Expert Market Pink Limited Common Stock
01/15/2026 Expert Market IconGTLL Global Technologies, Ltd. Pink Limited Expert Market Common Stock

GTLL is now pink limited on OTCM.

A comparison to last year's quarter doesn't tell the whole story. You need to look quarter to quarter which is shown here.

https://www.otcmarkets.com/stock/GTLL/financials

Click on "Interim". Then, consider that this quarter's $101,529 will soon be added. It doesn't paint a pretty picture.

Comparison's versus first 3-months last year.

- Net revenue is up $38.2k .
- Operating expenses up $35.4k.
- More cash on hand.
- Liabilities down $85.1k.
- Convertible notes are down 282k.
- 10 Fold is idle with no plan for it yet.

Obviously not ideal, but small progresses are being made.

Q2 report is out.

Revenue down to just $101,529 which is the lowest reported in three years. And a loss of course.

Here's an interesting statement.

Management believes Primecare Supply represents a core growth engine for Global Technologies, Ltd., offering scalable infrastructure, recurring transaction-based revenue, and a technology-enabled compliance advantage in the expanding health and wellness market.

So far, this hasn't been the case at all.

Here's another ......

Global’s current operations are conducted primarily through two wholly owned subsidiaries: Primecare Supply, LLC and GTLL Advisory Group, LLC

So, no 10 Fold Services

During fiscal 2024, 10 Fold Services entered into agreements with a 503B pharmaceutical supplier to promote and facilitate the sale of GLP-1-based products under the FDA’s “shortage” provisions then in effect. In June 2025, following changes in FDA regulations and the expiration of the GLP-1 shortage allowance, the Company and its supplier mutually agreed to close all active contracts. As a result, 10 Fold Services ceased procurement operations and currently remains idle

Not much here to indicate what his task might be.

https://www.globaltechnologiesltd.info/

I think Flippen is trying but I am starting to wonder if he is up to the task.

Again. Flippen couldn't get the annual out in time either even with the extension added so it went to EM in January, too. Then back to Limited Info when he finally did.

GTLL dropped to expert market on OTC

Only that a company must be current in its filings to file a Form 15. That would include it's audits having been properly.performed when they were due. As far as I know, Flippen has done this with the new auditors so it would not be a further factor.

Would their new status with the Public Company Accounting Oversight Board (PCAOB) have anything to do with it?

Sorry, I keep saying beneficial owners. I mean shareholders of record. Per my previous post, it appears the number of such does NOT trigger the mandatory filing so it must be that we registered shares at some point. Those are much longer than a year ago so a Form 15 could put the company in VOLUNTARY filing status. There would not be that much difference unless the annual audits were cut....and I don't want that to happen.

I do find that as of June 2022, we had 148 shareholders of record. So it appears that is not the thing triggering the mandatory reporting status.

From what I can see, the company's EDGAR filing number prefix is "000" indicating mandatory filing status. I don't know what triggered that. Either we have registered shares or the number of beneficial owner shareholders exceeds thresholds. If it is the former, all it would take to become a voluntary filer is filing a form 15. If the later, that would be a problem likely requiring a R/S-F/S filing combo to shed shareholders. Or just a R/S with a payout for fractional shares. Either way of shedding shareholders will take some cash. Flippen needs to get a CEDE list.

Does anybody know how many beneficial owners of stock we have? I can't find it anywhere.

Flippen hasn't filed a Management Certification, either. And their Business Description hasn't been updated since 2022.

Management Certification - Concurrently with the Annual Report filing, no later than 45 days after Annual Report filing deadline

Company Verified Profile - Every six (6) months

I don't understand why he keeps being an SEC filer.

Sad to report that the 10Q has still not been filed and therefore will be delinquent tomorrow morning..

This is the end of the extension....today.

He filed for the extension. The one positive is it appears they're working on getting the filings done and up to date.

OK, now I understand it. He revised the 6/30/25 10K but did not actually file it. Bonehead mistake but it happens. He needs to file the revised 10K with the SEC tomorrow when he files the latest Q.

I don't understand OCTM's action. It appears GTLL is current having filed the 12/31/25 Q and the 3/31/26 Q is not due for another week. Am I missing something?

Yeah, pretty hard not to be disappointed at this point. He promised transparency, and he's gone dark all of the sudden. I was hoping for a different OTC experience, but 99.9% of them are unfortunately all the same.

I find this interesting. After the pr of 3/26, Flippen has yet to file anything and OTC Markets has downgraded the ticker to Limited Info.

Greensboro, NC, March 26, 2026 (GLOBE NEWSWIRE) — Global Technologies, LTD (OTC: GTLL) is pleased to announce the successful completion of a comprehensive two-year independent audit, along with the filing of its most recent quarterly reports under the supervision of its PCAOB-registered auditing firm. This process included the audit and restatement of the Company’s 2024 financial statements, as well as the completion and filing of its Quarterly Reports for the periods ended September 30, 2025 and December 31, 2025, including an amended Form 10-Q/A reflecting auditor review.

The Company confirms that it is now current in its financial reporting obligations with the U.S. Securities and Exchange Commission (“SEC”), with all required periodic reports, including annual and quarterly filings, completed through the quarter ended December 31, 2025.

Additionally, Global Technologies has completed a comprehensive independent audit covering the past two fiscal years. Although it is not required to regain current reporting status, the Company undertook this initiative to enhance the reliability and transparency of its financial disclosures. The audit was performed by an independent PCAOB-registered accounting firm.

This step follows the Company’s transition from its prior auditor, whose PCAOB registration is no longer active. Management elected to exceed minimum regulatory requirements in order to strengthen internal controls and reinforce investor confidence.

“We previously shared the completion of our two-year audit through our social media channels and felt it was important to formally document this milestone and related reporting updates through an official press release,” said Wyatt Flippen, Chief Executive Officer of Global. “Our commitment to transparency and accountability remains a top priority, and we want to ensure all stakeholders have clear and accessible disclosure of these developments.”

With its reporting status now current and enhanced financial oversight in place, Global believes it is well-positioned to improve market visibility and pursue future growth opportunities. The Company expects to provide additional updates in the coming weeks highlighting key operating metrics, including sales velocity, client growth, and revenue expansion across its core subsidiaries, as it continues to execute on its growth strategy.

Could be. Today was Buy: 563,500 Sell: 40,730,107
Didn't notice what is was yesterday.

People selling at $.0001. Guess some are tired of waiting.

What's with all of the volume the last 2 days?

It appears the only change was the added statement saying the auditor had reviewed the quarterlies.

No worries. There was no difference in the numbers, so it was probably something technical.

My Bad. What they just posted was a revised Q2. I haven't compared them yet.

financial? In general? They haven't posted their Q3 report yet.

Financial not so good.

Global Technologies, LTD (OTC: GTLL) Issues Formal Confirmation of SEC Reporting Status and Completion of Independent Two-Year Audit
GLOBENEWSWIRE 7:20 AM ET 3/26/2026
Symbol Last Price Change
GTLL 1E-06down 0 (0%)
QUOTES AS OF 12:00:00 AM ET 03/25/2026
Greensboro, NC, March 26, 2026 (GLOBE NEWSWIRE) -- Global Technologies, LTD (GTLL) is pleased to announce the successful completion of a comprehensive two-year independent audit, along with the filing of its most recent quarterly reports under the supervision of its PCAOB-registered auditing firm. This process included the audit and restatement of the Company’s 2024 financial statements, as well as the completion and filing of its Quarterly Reports for the periods ended September 30, 2025 and December 31, 2025, including an amended Form 10-Q/A reflecting auditor review.

The Company confirms that it is now current in its financial reporting obligations with the U.S. Securities and Exchange Commission (“SEC”), with all required periodic reports, including annual and quarterly filings, completed through the quarter ended December 31, 2025.

Additionally, Global Technologies has completed a comprehensive independent audit covering the past two fiscal years. Although it is not required to regain current reporting status, the Company undertook this initiative to enhance the reliability and transparency of its financial disclosures. The audit was performed by an independent PCAOB-registered accounting firm.

This step follows the Company’s transition from its prior auditor, whose PCAOB registration is no longer active. Management elected to exceed minimum regulatory requirements in order to strengthen internal controls and reinforce investor confidence.

“We previously shared the completion of our two-year audit through our social media channels and felt it was important to formally document this milestone and related reporting updates through an official press release,” said Wyatt Flippen, Chief Executive Officer of Global. “Our commitment to transparency and accountability remains a top priority, and we want to ensure all stakeholders have clear and accessible disclosure of these developments.”

With its reporting status now current and enhanced financial oversight in place, Global believes it is well-positioned to improve market visibility and pursue future growth opportunities. The Company expects to provide additional updates in the coming weeks highlighting key operating metrics, including sales velocity, client growth, and revenue expansion across its core subsidiaries, as it continues to execute on its growth strategy.

About Global Technologies, LTD(GTLL)

Global Technologies, LTD (GTLL) is a public, multi-operational company focused on building scalable businesses in digital health, wellness, and technology. Through acquisitions, strategic licensing, and integrated platforms, GTLL seeks to deliver innovative solutions and long-term shareholder value.

Forward-Looking Statements:

Statements made in this press release that express the Company’s or management’s intentions, plans, beliefs, expectations, or predictions of future events are forward-looking statements. Words such as “believe,” “expect,” “intend,” “estimate,” “anticipate,” “will,” and similar expressions are intended to identify such forward-looking statements, although not all forward-looking statements contain these identifying words. These statements are based on assumptions and are subject to known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied.

The forward-looking statements contained herein represent the Company’s judgment as of the date of this press release, and the Company undertakes no obligation to update or revise such statements to reflect changes in expectations or circumstances, except as required by law.

Investor Contact:
Ed Capko
Director of Investor Relations
Ed@GTLGROUP.io
815-942-4645

Image: https://www.globenewswire.com/newsroom/ti?nf=OTY3OTEzMCM3NTA1MzY1IzUwMDA3MDc2NQ==
Image: https://ml.globenewswire.com/media/M2Y1YWI5YmYtZWViMS00ZGQzLTk3NzYtOWQ0NTY1ZTY3MGI1LTUwMDA3MDc2NS0yMDI2LTAzLTI2LWVu/tiny/Global-Technologies-Ltd-.png
Image: Primary Logo

Source: Global Technologies, Ltd(GTLL)
2026 GlobeNewswire, Inc.

So you are thinking a R/S is in the making? The company is out of shares without either a R/S or an increase in the authorized.

No R/S any soon....No R/S any soon....

Yep, I've got too much money in here for a long time for an R/S to happen.

The last time it had volume, the stock ran to $.0003. But that was short-lived as it came back down pretty quickly trapping a few players. Your concern about the SS is real. The A/S is maxed out and that might entail increasing the A/S or doing a R/S. I'd take the former any day.

Still waiting for the new website to make its appearance.

https://www.globaltechnologiesltd.info/

What's happening? we were almost to no bid. 128 million in trades in half an hour. Unfortunatly at the bid. Hopefully they don't decide to play with their share structure. Been too quiet.

At least it is the right direction. Still just a fizzle of how it started though.

They showed a slight bounce back this quarter, but still not impressive by any means.

$345,968 as compared to last quarter's $152,977. The two quarters combined total less than the last quarter alone.

https://www.otcmarkets.com/filing/html?id=19168182&guid=-Y3-knyCPTreJth

As you should be. I made no comment on the report since there was nothing good to say.

Revs for the year so far .....

$1,001,000 for Q1
$550,000 for Q2
$195,000 for Q3.

I am becoming concerned about the continued erosion of revenue.

10-Q has been submitted.

https://www.otcmarkets.com/filing/html?id=19071336&guid=7Et-kpx3Tzw-B3h

Full text .......

$GTLL This entire rebuilding process is challenging. The last two weeks brought that to a new level. We’ve completed our first full engagement with a new auditor and finalized our 10-K (12/30) and September 30 10-Q. While the conventional thought from the outside might assume that these are not linked, that's simply not the case. There were some unforeseen and unavoidable delays with the Q. The whole process required reconstructing 2+ years of historical records, contracts, and board actions—but our financial reporting cadence is now materially stronger.

Despite months of continuous coordination with auditors and regulators, timing constraints couldn’t be met. The 10-Q is being finalized today and, once filed, OTC Markets should lift our delinquent status on the next trading day. We realize this was not an ideal detour, but that's all that it really was, a detour. For some companies, a trading status issue becomes their identity. Not GTLL. Our journey remains unaffected, the business continues day to day and our goals remain intact.

Head down. Moving forward. More to come

$GTLL This entire rebuilding process is challenging.  The last two weeks brought that to a new level.  We’ve completed our first full engagement with a new auditor and finalized our 10-K (12/30) and September 30 10-Q. While the conventional thought from the outside might assume…— Global Technologies, Ltd. (@GlobalTechGTLL) January 20, 2026

I've had an investment here for over 15 years. I've been bullish the whole time. It even paid off a bit in 2023 when it ran up over a penny. I never expected we'd go down to the expert market. Hopefully Wyatt Flippen can find a way and quick to get us back to OTC. When he kept mentioning share structure, I sure hope he doesn't have Reverse split in mind.
"Reverse Split: Companies often use a reverse split as a "Hail Mary" attempt to boost the share price and meet minimum requirements to move off the grey market.

Don't mean to be negative. This is just my opinion. It's time for Wyatt to be transparent and give us shareholders some sort of an update. Not sure how to contact him and get a reply.

He did say that transparency matters, so hopefully he tells us something soon, any little update would suffice. I'm sure he knew the Grey market was around the corner if the filings weren't done. He keeps mentioning share structure, not sure what he is implying here.

Interesting. Yes, his next tweet should be interesting, as well. Here's his last one.
Transparency matters, and I’m doing my best to uphold that — so here’s where we are.

The audit process and 10-K review have been intense, and managing them while scaling three new divisions with a skeleton team has created delays. I own that.

As I said a month ago, fixing what was broken has been difficult. The main issue causing this holdup involves legacy equity exchange agreements from before my tenure. Getting these accounted for properly is critical for the future of our share structure — and everyone knows this has been one of our key long-term goals. That’s the reason for the delay. It couldn’t be helped, and everything else remains on schedule.

Monday’s call with our auditor was productive. He confirmed he now has sufficient documentation to complete the audit. He’ll be meeting with his PCAOB review board this week, and we expect updated timing feedback by Thursday, Dec 11.

We Appreciate the continued support from our $GTLL shareholders — we’re pushing through the last mile.

- Wyatt Flippen, CEO
So, is becoming SEC Delinquent what got GTLL onto the Expert Market, I wonder?

We've been promoted to the Grey Market. lol . Be interesting to see how the CEO is going to explain this.

If my math is right, 4th Q revenue was $551,000.

The previous quarterly numbers were $1,001,000 for Q3, $917,000 for Q2 and $669,000 for Q1.