| Business Summary | | Global
Acquisition,
Inc.,
formerly
Thin
Film
Battery
Inc.,
has
had
no
material
business
operations
since
1989.
The
Company
is
in
the
process
of
searching
for
assets,
property
or
business
that
it
may
acquire.
The
Company
intends
to
acquire
interests
in
various
business
opportunities.
On
June
4,
2001,
Global
Acquisitions
announced
that
the
Company
had
signed
a
Letter
of
Intent
with
Standard
American
Oil
of
Ft.
Worth,
Texas,
and
its
President
and
CEO,
Mr.
Al
Griffith,
to
acquire
the
drilling
rights
for
several
yet
to
be
announced
locations
in
Texas.
Mr.
Griffith
is
the
owner
of
the
proprietary
and
patented
exploration
technology
known
as
Hydrocarbon
Gas
Sensor.
This
technology
can
locate
oil
and
gas
reserves
by
using
powerful
radar
to
detect
micro
seepage
of
gases
that
come
to
the
surface
from
undeveloped
reservoirs
below.
Hydrocarbon
Gas
Sensor
has
a
proven
track
record
in
predicting
dry
holes
100%
of
the
time
and
in
predicting
commercial
oil
and
gas
accumulations
75%
of
the
time. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Global
Acquisitons,
Inc.
is
in
the
process
of
searching
for
assets,
property
or
business
that
it
may
acquire.
The
Company
intends
to
acquire
interests
in
various
business
opportunities
that,
in
the
opinion
of
management,
will
provide
a
profit.
For
the
six
months
ended
6/30/01,
the
Company
reported
no
revenues.
Net
loss
totaled
$1
thousand,
vs.
an
income
of
$1.5
million.
Results
reflect
the
absence
of
operations. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Mark Meriwether, 43 | Pres,
Sec., Treasurer, Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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