Tropidozineus tersus

Global Technologies, Ltd and Tersus Power, Inc. Enter into Definitive Share Exchange Agreement

Retrieved on: 
Friday, March 11, 2022
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On March 9, 2022, the Company entered into a Share Exchange Agreement (the Exchange Agreement) with Tersus Power and the Tersus Shareholders.

Key Points: 
  • On March 9, 2022, the Company entered into a Share Exchange Agreement (the Exchange Agreement) with Tersus Power and the Tersus Shareholders.
  • Under the terms of the Exchange Agreement, at Closing the Company shall deliver to the Tersus Shareholders a to-be-determined pro-rata number of shares of the Companys Class A Common Stock for each one (1) share of Tersus common stock held by the Tersus Shareholder (the Exchange Ratio).
  • Either party may terminate the Exchange Agreement if a Closing has not occurred on or before June 30, 2022.
  • Michael Rosen, Presidentof Tersus Power, stated It is gratifying to move from the LOI stage of the merger with GTLL into todays announced Definitive Share Exchange Agreement, in preparation for next step filings with the SEC.

Global Technologies, Ltd. is Pleased to Announce that Tersus Power has Retained Ed Green, P.E. as its Chief Engineer

Retrieved on: 
Tuesday, December 7, 2021
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Mr. Green will oversee and manage the Companys design engineering team as well as design critical components for the Hydrogen Generator.

Key Points: 
  • Mr. Green will oversee and manage the Companys design engineering team as well as design critical components for the Hydrogen Generator.
  • Mr. Green holds a degree in Mechanical Engineering and has over 35 years experience in Mechanical Design Engineering, Manufacturing and Project Management.
  • Mr. Green stated, I have found the Tersus Power hydrogen generation station to be a once in a lifetime project to be involved with.
  • Michael Rosen, Tersus Powers Chief Executive Officer, stated We are very fortunate to have secured the talents of Mr. Green and his team.

Global Technologies, Ltd and Tersus Power Travel Together on “The Hydrogen Highway”

Retrieved on: 
Monday, November 22, 2021
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As Tersus Power Inc. looks to roll out its first of its kind 1250Kg per day Hydrogen Production & Dispensing Station, what makes it stand above all the other hydrogen generation technologies?

Key Points: 
  • As Tersus Power Inc. looks to roll out its first of its kind 1250Kg per day Hydrogen Production & Dispensing Station, what makes it stand above all the other hydrogen generation technologies?
  • 1) Tersus is lowering the barrier to entry into the market by reducing the initial capital investment required to deploy a hydrogen fueling station.
  • The Tersus Hydrogen Production Station looks to be a solution to the California Clean Transportation Program.
  • Tersus Power is positioned to expand the number of hydrogen fueling stations and fill the gap of demand.