Shareholder Update From the Desk of H. Wyatt Flippen, CEO and Board Member
Global Technologies (OTC: GTLL) has announced significant developments under new CEO H. Wyatt Flippen. The company reports consistent monthly revenue growth and improved profitability across its diversified business model. The company has outlined plans to uplist to NASDAQ within 2025.
Key subsidiary updates include 10 Fold Services, a strategic consulting firm in health and wellness, which is expected to maintain its growth trajectory. GOe3, their EV charging subsidiary, plans to launch an AI-powered software platform in Q2 2025 and is developing tiny home communities with integrated charging solutions. Revenue from charging stations and tax credits is anticipated to begin contributing significantly in Q2 2025.
Global Technologies (OTC: GTLL) ha annunciato sviluppi significativi sotto la nuova direzione del CEO H. Wyatt Flippen. L'azienda riporta una crescita costante del fatturato mensile e un miglioramento della redditività grazie al suo modello di business diversificato. La società ha delineato piani per un cambio di quotazione al NASDAQ entro il 2025.
Tra gli aggiornamenti delle sussidiarie chiave troviamo 10 Fold Services, una società di consulenza strategica nel settore della salute e del benessere, che si prevede continuerà a mantenere la sua traiettoria di crescita. GOe3, la loro sussidiaria per la ricarica di veicoli elettrici, prevede di lanciare una piattaforma software alimentata da intelligenza artificiale nel secondo trimestre del 2025 e sta sviluppando comunità di case piccole con soluzioni di ricarica integrate. Si prevede che i ricavi dalle stazioni di ricarica e dai crediti d'imposta inizino a contribuire significativamente nel secondo trimestre del 2025.
Global Technologies (OTC: GTLL) ha anunciado desarrollos significativos bajo la nueva dirección del CEO H. Wyatt Flippen. La empresa reporta un crecimiento constante de ingresos mensuales y una mejora en la rentabilidad a través de su modelo de negocio diversificado. La compañía ha delineado planes para listarse en NASDAQ antes de 2025.
Las actualizaciones clave de sus subsidiarias incluyen 10 Fold Services, una firma de consultoría estratégica en salud y bienestar, que se espera que mantenga su trayectoria de crecimiento. GOe3, su subsidiaria de carga de vehículos eléctricos, planea lanzar una plataforma de software impulsada por inteligencia artificial en el segundo trimestre de 2025 y está desarrollando comunidades de casas pequeñas con soluciones de carga integradas. Se anticipa que los ingresos provenientes de las estaciones de carga y los créditos fiscales comiencen a contribuir significativamente en el segundo trimestre de 2025.
Global Technologies (OTC: GTLL)가 새로운 CEO H. Wyatt Flippen 아래에서 중요한 발전을 발표했습니다. 회사는 지속적인 월별 수익 성장과 다양한 비즈니스 모델을 통한 개선된 수익성을 보고하고 있습니다. 회사는 2025년 이전에 NASDAQ으로의 상장을 계획하고 있습니다.
주요 자회사 업데이트에는 10 Fold Services, 건강 및 웰빙 분야의 전략적 컨설팅 회사가 포함되며, 이는 성장 궤도를 유지할 것으로 예상됩니다. GOe3, 전기차 충전 관련 자회사는 2025년 2분기에 AI 기반 소프트웨어 플랫폼을 출시할 계획이며, 통합 충전 솔루션을 갖춘 작은 집 커뮤니티를 개발하고 있습니다. 충전소와 세금 공제에서 나오는 수익은 2025년 2분기부터 상당히 기여할 것으로 예상됩니다.
Global Technologies (OTC: GTLL) a annoncé des développements significatifs sous la nouvelle direction du PDG H. Wyatt Flippen. L'entreprise rapporte une croissance mensuelle constante des revenus et une amélioration de la rentabilité grâce à son modèle commercial diversifié. La société a élaboré des plans pour être cotée au NASDAQ d'ici 2025.
Les mises à jour clés concernant les filiales incluent 10 Fold Services, une société de conseil stratégique dans le domaine de la santé et du bien-être, qui devrait maintenir sa trajectoire de croissance. GOe3, leur filiale de recharge de véhicules électriques, prévoit de lancer une plateforme de logiciels alimentée par IA au deuxième trimestre 2025 et développe des communautés de maisons minuscules avec des solutions de recharge intégrées. Les revenus provenant des stations de recharge et des crédits d'impôt devraient commencer à contribuer de manière significative au deuxième trimestre 2025.
Global Technologies (OTC: GTLL) hat bedeutende Entwicklungen unter der neuen CEO H. Wyatt Flippen angekündigt. Das Unternehmen berichtet über ein konstantes monatliches Umsatzwachstum und verbesserte Rentabilität durch sein diversifiziertes Geschäftsmodell. Das Unternehmen hat Pläne skizziert, um bis 2025 an die NASDAQ zu wechseln.
Wesentliche Updates zu Tochterunternehmen umfassen 10 Fold Services, eine strategische Unternehmensberatung im Bereich Gesundheit und Wellness, von der erwartet wird, dass sie ihren Wachstumskurs beibehält. GOe3, ihre Tochtergesellschaft für das Laden von Elektrofahrzeugen, plant die Einführung einer KI-gestützten Softwareplattform im zweiten Quartal 2025 und entwickelt kleine Wohngemeinschaften mit integrierten Ladelösungen. Die Einnahmen aus Ladestationen und Steuergutschriften werden voraussichtlich ab dem zweiten Quartal 2025 erheblich beitragen.
- Consistent monthly revenue growth and improving profitability
- Planned uplisting to NASDAQ in 2025
- GOe3 subsidiary launching AI-powered software platform in Q2 2025
- Expected revenue contribution from charging stations and tax credits starting Q2 2025
- Current OTC listing status limits institutional investment potential
- GOe3 subsidiary not yet generating substantial revenue
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
FAQ
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