PR Newswire: news distribution, targeting and monitoring

See more news releases in: OTC, SmallCap, Earnings

 

Global General Technologies (GLGT) Announces Third Quarter Results

 

MONTREAL, Nov. 12 /PRNewswire-FirstCall/ - Global General Technologies (GLGT:PK) (www.glgt-corporate.com is pleased to announce its financial results for the third quarter of 2009.

For the third quarter ended September 30, 2009, the company reported revenues of $ 121,825.00 and net income of $ 29,877.00

Due to a clerical glitch these statements should be viable on www.pinksheets.com shortly. Alternatively, they can be viewed at the company web site www.glgt-corporate.com/Q3

"We continue to keep our overhead low while expanding marketing efforts for our products," said Michael Arnkvarn, Co-CEO, President of Collagenna. "As anyone can see from the marketing deals we have booked in the last few months, our marketing is extremely cost effective. We owe this to the outstanding quality of our products."

GLGT is a holding company with interests in a Collagenna Skin Care cosmetics company and ITI Bio Tech company. Our corporate goals are to be a progressive, profitable company that is always improving results and is recognized by its employees for providing opportunities to grow. Our targeted subsidiaries are appreciated by its customers and suppliers for providing quality products and services.

The company operates a fully enabled ecommerce web site http://www.nuayre.com where many of company products are made available for sale to the general public. Collagenna Skin Care Products http://collagenna-usa.com is presently preparing to launch a new web site and e-commerce capability.

In other company news, the issuer is in the process of retaining a USA legal council to resolve the State of California legal matter http://www.corp.ca.gov/ENF/list/s/Smartwear.asp where amongst other things the issuer is named as a relief defendant. These activities stem from previous management escapades. The issuer is relief defendant in the aforementioned matter. The issuer is of the opinion that a settlement or a resolution can be reached with the State of California effecting the issuer only.

To receive future updates via email, including quarterly newsletters and company updates that may not be newsworthy, however important to the reader and followers of the company, please sign up today at www.minamargroup.com/updates

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of Global General Technologies, Inc. that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. Global General Technologies, Inc. cautions you that any forward-looking information provided by or on behalf of Global General Technologies, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Global General Technologies Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Global General Technologies Inc.'s control. In addition to those discussed in Global General Technologies Inc.'s press releases, public filings, and statements by Global General Technologies, Inc.'s management, including, but not limited to, Global General Technologies, Inc.'s estimate of the sufficiency of its existing capital resources, Global General Technologies Inc.'s ability to raise additional capital to fund future operations, Global General Technologies Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Global General Technologies Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Global General Technologies, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

CONTACT: For any investor relations matters, please contact www.minamargroup.net/helpdesk; Investor Relations Department Inquiry, www.minamargroup.net (IR); For (M&A) and Corporate Matters, www.minamargroup.com

SOURCE Global General Technologies, Inc

Back to top

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

Featured Video

 
  • Print
  • Email
  •   RSS
  • Share it 
  • Blog it 
  • Blog Search 

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Free Investing Newsletter from Investor Uprising!

Learn to navigate the world's financial system and profit from leading companies.  


Register for Investor Uprising, the people's investment site, for a free weekly newsletter, information, education and premium research including our latest IU Confidential Report - "All The Glitters: The Ultimate Gold Report".

Advanced Search
Search
  
  1. Products & Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire