GLOBAL TECHNOLOGIES LTD

Global Technologies, LTD announced a Binding Letter of Intent with FORCARA, establishing an immediate strategic business relationship and interim joint venture, with the intent for FORCARA to become part of the company's operating platform. The company also appointed William Norton to its Board of Directors and issued Series K Super Voting Preferred Stock to CEO H. Wyatt Flippen to support governance. Additionally, a new Series R Preferred Stock was authorized, and the company reported $642,822 in revenue for the nine months ended March 31, 2026, and $38,178 in cash, while continuing its operational restructuring and growth initiatives despite being undercapitalized.

Global Technologies, Ltd. filed its quarterly report on Form 10-Q for the period ending March 31, 2026. The company reported a significant net loss of $170,524 for the nine months ended March 31, 2026, a reversal from a net income of $24,055 in the prior year. Revenue also saw a substantial decrease to $325,507 from $666,115 year-over-year. The balance sheet reflects a decrease in total assets and a reduction in current liabilities. Cash and cash equivalents also declined during the period.