Global Technologies Announces Series R Preferred Stock, JV LOI, New Director

Stock Titan reports that Global Technologies (OTC: GTLL) has taken several strategic steps. The company issued Series R preferred stock to strengthen its capital base. It also signed a letter of intent for a joint venture with an undisclosed partner. Additionally, Global Technologies appointed a new director to its board. The preferred stock issuance aims to support upcoming growth initiatives. The joint‑venture LOI signals intent to expand into new market segments. The new director brings experience that may guide future corporate strategy. Investors will assess how these moves affect the company's outlook.