NewswireToday - /newswire/ -
New York, NY, United States, 2011/02/16 - The Highest Gaining Penny Stock for Wednesday, February 16, is… Global Technologies Ltd (GTLL.PK).
Last Trade: $0.0013
Price changed: $0.0008
Percentage Gain: 160.00
Last Close: $0.0005
Volume: 454,507, 543
Estimated Dollar Volume: $590,730.00
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About Global Technologies Ltd (GTLL.PK)
Global Technologies Ltd. (Global) provides entertainment and information systems for the passenger rail market through its U.K subsidiary, TNCi UK Limited, in which the Company owns 60% of the outstanding equity. Global also owns approximately 62.5% of the equity of The Network Connection, Inc. and 476,300 shares of common stock of U.S. Wireless Corporation, both of which are now in Chapter 11 proceedings. TNCi UK has developed a broadband, interactive entertainment and information system for the passenger rail market. The system is designed to provide rail passengers with Internet and email access, with such customizable services as on-demand films, videos and music, video games, reservation information, train schedules and other Internet-based content and commerce applications. TNCi UK is currently marketing the system to major rail operators in the United Kingdom and continental Europe.
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