0001493152-21-012924.txt : 20210526
0001493152-21-012924.hdr.sgml : 20210526
20210526125005
ACCESSION NUMBER: 0001493152-21-012924
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210331
FILED AS OF DATE: 20210526
DATE AS OF CHANGE: 20210526
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Anderson Jimmy Wayne
CENTRAL INDEX KEY: 0001400065
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25668
FILM NUMBER: 21964280
MAIL ADDRESS:
STREET 1: 501 1ST AVENUE NORTH
STREET 2: SUITE 901
CITY: ST. PETERSBURG
STATE: FL
ZIP: 33701
FORMER NAME:
FORMER CONFORMED NAME: Anderson Wayne
DATE OF NAME CHANGE: 20070521
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GLOBAL TECHNOLOGIES LTD
CENTRAL INDEX KEY: 0000932021
STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
IRS NUMBER: 860970492
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: 501 1ST AVENUE
STREET 2: SUITE 901
CITY: ST. PETERSBURG
STATE: FL
ZIP: 33701
BUSINESS PHONE: 727-482-1505
MAIL ADDRESS:
STREET 1: 501 1ST AVENUE
STREET 2: SUITE 901
CITY: ST. PETERSBURG
STATE: FL
ZIP: 33701
4
1
ownership.xml
X0306
4
2021-03-31
0
0000932021
GLOBAL TECHNOLOGIES LTD
GTLL
0001400065
Anderson Jimmy Wayne
501 1ST AVE N., SUITE 901
ST. PETERSBURG
FL
33701
1
1
0
0
President, Director
Common Stock
2021-03-31
4
D
0
810000000
0
D
90000000
D
Series L Preferred Stock
0.01
2021-03-31
4
J
0
18
0.01
A
2021-03-31
2026-03-31
Common stock
32142857
18
D
Series L Preferred Stock
0.01
2021-03-31
4
J
0
40
0.01
A
2021-03-31
2026-03-31
Common stock
71428571
40
I
By self as Managing Member
During the year ended December 31, 2020 and the quarter ended March 31, 2021, Mr. Anderson returned a total 810,000,000 shares of common stock to the Company so that the shares could be used for corporate transactions. On March 31, 2021, the Company and Mr. Anderson agreed to exchange the shares of common stock due Mr. Anderson for shares of the Company's Series L Preferred Stock. Please see the Company's Quarterly Report for the period ended March 31, 2021 for further information.
On March 1, 2021, the Company and Around the Clock Partners, LP ("ATC") agreed to exchange the outstanding principal and interest due on a Convertible Promissory Note issued to ATC dated July 27, 2018 for shares of the Company's Series L Preferred Stock. The reporting person is the managing member of ATC. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. Please see the Company's Quarterly Report for the period ended March 31, 2021 for further information.
As of the date of this filing, Mr. Anderson owns 18 shares of the Company's Series L Preferred Stock directly and 50 shares indirectly (Around the Clock Partners, LP- 40 shares and Sylios Corp -10 shares). The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
Each share of the Company's Series L Preferred stock can be converted into shares of the Company's Class A Common stock based on the following formula: $5,000 divided by .70 times the lowest closing price of the Company's Class A Common Stock for the immediate five-day period prior to the receipt of the Notice of Conversion.
The number of shares of common stock issuable upon conversion of the Series B Preferred Stock is based on a stock price of $0.004, which was the Closing stock price of the Company's common stock on May 25, 2021. The number of shares issuable upon conversion may increase or decrease based on the Closing stock price upon conversion of the Series B Preferred Stock.
/s/ Jimmy Wayne Anderson
2021-05-26