Yesterday the stock of Global Technologies Group, Inc. (PINK:GTGP) hit for the second time one and the same resistance level on a lower than the average volume. Today, a paid stock promotion might move the share price higher, but the lack of information about GTGP makes it questionable if the stock can hold even its current value. 
GTGP closed the last trading session at $0.195 for a share, recording a 8.33% jump of the closing price from the previous day. Total trading volume for the day amounted 160,678 traded shares, a number too small even for that illiquid penny stock. During the session GTGP touched the $0.20 mark, a level reached for the last time in the middle of June and proven yesterday as hard to overcome.
As mentioned, Global Technologies Group is not providing any current financial data or any other information about its operations, not counting the company’s press releases. Yet, a market value of over $5.4 million has been assigned to the enterprise with unknown assets or potential. That value could get even higher toady. Yesterday evening, we received a promotional e-mail pointing out GTGP as being “On The Verge Of A Breakout”. The promoter was compensated $2,500 for profiling GTGP.
If investors are to trust Global Technologies’ press releases, the company could be considered as engaged in the business of acquiring licenses and distribution contracts for technologies in the environmental, green and war fighter industries. One last PR came out a week ago, but it did not really provide any new information of interest for new investors.
