GTLL amends LOI to acquire GOe3; milestones for additional preferred shares

GLOBAL TECHNOLOGIES LTD

Amended LOI replaces Original LOI dated Dec 2023; GOe3 to become wholly owned subsidiary.
At closing, GTLL issues New Preferred shares representing 25% of 70% to GOe3; remaining 75% earned via milestones.
Milestones: GSA contract award, $2.5M sales from charging stations, then $10M sales.
Bruce Brimacombe named President of GTLL and Chairman of Board; Fred Kutcher remains President of GTLL and 10 Fold Services.
Expected closing date no later than March 15, 2024; no assurance transaction will complete.

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