Navigation Links
Global Technologies, Ltd. Announces LOI to Acquire and Merge with Oxygen Orchard, Inc.
Date:6/24/2011

ORCHARD, Texas, June 24, 2011 /PRNewswire/ -- Global Technologies, Ltd. (GTLL), announced today that it has executed a Letter of Intent to acquire and merge with Oxygen Orchard, Inc.

GTLL will acquire 100% of Oxygen Orchard and migrate all its operations to the new entity.  All current management, board, and officers will concurrently resign with execution of the various Definitive Agreements. The Definitive Agreements are expected to be completed within 21 days.

Complete disclosures and updated financials will be posted to the OTC Disclosure Service.

Teri H. Mathis, President and CEO of Oxygen Orchard, Inc., will be the new President and CEO. John M. King will be the new CFO.

The Company will change its name to Oxygen Orchard, Inc.

The Company will release additional announcements describing products, markets, and revenue plans.

About Oxygen Orchard, Inc. (formerly Global Technologies):

Oxygen Orchard, Inc. specializes in the design, manufacture and sale of its patented water oxygenating system. The Company is the industry leader in its product category. Based on medical research and market results, the Company's products provide supplemental oxygen to users, resulting in ailment prevention and enhancement of overall wellness. Oxygen Orchard is a woman-owned business and is currently expanding its operations and product distribution internationally.

Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.

Contact:
Oxygen Orchard, Inc.
P.O. Drawer A
Orchard, TX 77464
Phone: 713-446-5337
Toll Free: 877-347-7770
Email: invest@oxygenorchard.com
Website: www.oxygenorchard.com


'/>"/>
SOURCE Global Technologies, Ltd.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Elseviers SciVal Funding Expands Globally
2. Reportlinker Adds Global CRO Market: Quantitative Assessment
3. Medco, United BioSource and Sanofi Signed Global Agreement to Improve Quality of Patient Care Through Real-World Evidence
4. Ashoka and Boehringer Ingelheim Announce a Global Partnership for "Making More Health"
5. Flextronics Global Services Budapest Receives ISO 13485 Medical Certification
6. Boston Scientific Announces Global Launch of Mustang™ PTA Balloon Catheter
7. Panacea Global, Inc. Files Form 8-K to Announce Name Change; Trading Symbol Changes from MLXG to PANG
8. Reportlinker Adds Global Microbiology Testing Market: US, Europe, Japan--Emerging Opportunities and Business Expansion Strategies for Suppliers
9. Reportlinker Adds Global Hemostasis Diagnostics Market: US, Europe, Japan--Emerging Opportunities and Business Expansion Strategies for Suppliers
10. Reportlinker Adds Global Nucleic Acid Testing Market--New Product Development Opportunities and Business Expansion Strategies For Instrument and Reagent Suppliers
11. Reata and Abbott Initiate Global Phase 3 Study of Bardoxolone Methyl in Patients With Chronic Kidney Disease and Type 2 Diabetes
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/28/2016)... , April 28, 2016 ... "Global Plastic Surgery Products Market 2016-2020" report ... ) , The global plastic surgery ... of 9.47% during the period 2016-2020. , ,The growing ... leading to the growth of the market. Lasers are ...
(Date:4/28/2016)... NEW YORK , April 28, 2016  The ... reached 275 million dollars, according to Kalorama Information and ... includes typing, immunoassays and nucleic acid testing.  The healthcare ... had made progress in developing blood collection stations and ... was made in Kalorama Information,s report, Blood ...
(Date:4/28/2016)... 28, 2016 Dr. Vivek Ahuja ... and Ste phen Schmidt ... leading provider of cloud-based software solutions for life sciences, today announced ... bring a wealth of insight to a growing business.  This will ... George Phillips joined ArisGlobal in the position of ...
Breaking Medicine Technology:
(Date:5/3/2016)... ... May 03, 2016 , ... Hydra Skin Sciences, a top-rated skincare company ... a revolutionary new anti-aging skin care product that integrates Snow Algae Powder ... sold over seventy-five thousand units worldwide within the first two months of release. , ...
(Date:5/3/2016)... ... , ... Dave Newberry, broker/owner of Newberry Realty, recently announced his office will ... on Friday, May 20. “We have raised over $1,000 for the table to support ... , PICC is a local Kent, WA, clinic that cares for drug-exposed babies and ...
(Date:5/2/2016)... ... 2016 , ... RNK Products, Inc. (RNK) is beta testing ... the stethoscope stream to go over the video conferencing audio channel. This ... , Remote auscultation involves two software elements on the PC: , 1)    Network transport ...
(Date:5/2/2016)... ... , ... ProElectric Cartoon is a package of 30 hand-drawn electrifying animations made ... of electric styles including zap, sizzles, and more. Easily alter the highlights, midtones, and ... rotation, and much more. ProElectric Cartoon’s simplistic style makes it the perfect complement for ...
(Date:5/2/2016)... Texas (PRWEB) , ... May 02, 2016 , ... Pets ... As a token of appreciation, pet owners celebrate National Pet Week, which falls on ... in 2016, remind pet owners to cherish the human-animal bond and recognize responsible pet ...
Breaking Medicine News(10 mins):