UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                     FORM 15

CERTIFICATION  AND NOTICE OF TERMINATION OF REGISTRATION  UNDER SECTION 12(g) OF
THE SECURITIES  EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER
SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

                                                  Commission File Number 0-25668


                            GLOBAL TECHNOLOGIES, LTD.
             (Exact name of registrant as specified in its charter)

        1811 Chestnut Street, Suite 120, Philadelphia, Pennsylvania 19103
       (Address, including zip code, and telephone number, including area
               code, of registrant's principal executive offices)

                 CLASS A COMMON STOCK, par value $0.01 per share
            (Title of each class of securities covered by this Form)


                                      None
       (Titles of all other classes of securities for which a duty to file
                 reports under section 13(a) or 15(d) remains)


     Please  place  an X in  the  box(es)  to  designate  the  appropriate  rule
provision(s) relied upon to terminate or suspend the duty to file reports:

     Rule 12g-4(a)(1)(i)       [X]           Rule 12h-3(b)(1)(i)       [ ]
     Rule 12g-4(a)(1)(ii)      [ ]           Rule 12h-3(b)(1)(ii)      [ ]
     Rule 12g-4(a)(2)(i)       [ ]           Rule 12h-3(b)(2)(i)       [ ]
     Rule 12g-4(a)(2)(ii)      [ ]           Rule 12h-3(b)(2)(ii)      [ ]
                                             Rule 15d-6                [ ]

 Approximate number of holders of record as of the certification or notice date:
                                      100

     Pursuant to the requirements of the Securities Exchange Act of 1934, GLOBAL
TECHNOLOGIES,  LTD.  has caused  this  certification/notice  to be signed on its
behalf by the undersigned duly authorized person.
                                                              .

Date: March 11, 2002                    By: /s/ IRWIN L. GROSS
                                            ------------------------------------
                                            Name: Irwin L. Gross
                                            Title: Chairman and
                                                   Chief Executive Officer