Global Profits Technologies, Inc (GLPT.PK) Approves and Executes Definitive Terms of Acquisition of 4X-MM and Global Profit Syst

  
    
  
  
    
      Global Profits Technologies, Inc., (“the 
      Company”) or (“GLPT.PK 
      ”) formerly Fantastic Fun, Inc, Florida 
      (FTFN.PK), with approval of the Board of Directors GLPT has entered into 
      definitive agreements to acquire a 100% interest in certain intellectual 
      property commonly known as The 4X Money Machine™, 
      a proprietary currency trading system and its sister company Global 
      Profit Systems, Inc. a Nevada Corporation, both under the control of 
      Jozef Nemeth who also has controlling interest in Global Profit 
      Technologies, Inc. in exchange for 110,000,000 shares of common stock of 
      Global Profit Technologies, Inc. with a closing date set on or before 
      August 5, 2008.
    
    
      Jozef Nemeth as a member of the Board of Directors of Global Profit 
      Technologies, Inc., who also owns, at minimum, a controlling interest in 
      The 4X Money Machine™, Global Profit Systems, 
      Inc. NV. and Global Profit Technologies, Inc., abstained from Board 
      deliberations and voting on both matters.
    
    
      Recent History of Global Profit Technologies, Inc a Florida Corporation:
    
    
      GLPT formerly Fantastic Fun, Inc. (FTFN.PK) was acquired, through a 
      private transaction, where Global Profit Holdings, a Nevada corporation, 
      domiciled in Scottsdale, AZ and solely owned and controlled by Jozef 
      Nemeth acquired approximately 24 Million shares of FTFN, or 
      approximately 94% of the total shares outstanding, on or about October 
      1, 2007.
    
    
      It is Mr. Nemeth’s intent to establish 
      GLPT.PK, as an E-Commerce company within the Financial Products and 
      Services Sector and Continuing Education and Training segment of the 
      financial community. GLPT.PK, predominantly through Proprietary 
      Software, unique trading methodologies and revolutionary software 
      applications, with the initial product (4X-MM), will focus on the 
      over-the-counter foreign currency markets and foreign currency trading 
      in those markets.
    
    
      It is anticipated that, as the current platform and its future 
      iterations mature and critical mass is reached, the platform will 
      ultimately be expanded to futures, commodities, equities and their 
      respective derivatives’ markets.
    
    
      Global Profit Technologies, Inc.’s (GLPT.PK) 
      initial emphasis and primary focus is in developing, marketing and 
      managing proprietary trading technologies with the initial emphasis on 
      the FOREX Markets. The primary emphasis and focus is therefore to 
      leverage Mr. Nemeth’s technologies, sales and 
      marketing network and competencies into a self sustaining organically 
      grown international e-commerce company.
    
    
      Mr. Nemeth and his advisors believe what Mr. Nemeth envisioned, 
      developed and is now implementing will be the first and only trading 
      software application of its kind in the world and possibly the most 
      advanced personal trading aid to date. 4X-MM brings to ANY TRADER, an 
      unparalleled solution designed to automate the trading activities in the 
      FOREX markets. Until recently, the FOREX Market was reserved only for 
      the wealthiest companies and currency traders, requiring millions of 
      dollars in order to participate. Currency trading in the FOREX market is 
      currently and has been historically, one the most lucrative capital 
      propositions and possibly the most profitable business activity of some 
      of the world’s largest banks and financial 
      institutions.
    
    
      In recent years, however, with the advent of, and convergence of new 
      technologies, personal computers, communications, software development, 
      and the internet, the doors to this enormous market have become more and 
      more accessible, even to the average individual. Today, it is possible 
      for an average trader to open a trading account of only a few hundred 
      dollars with a licensed foreign currency merchant, and the profit 
      potential of this Two-Trillion-dollar a day industry is within anyone’s 
      reach.
    
    
      GLPT.PK is targeting more than 10 million professional traders and more 
      than an estimated 30 million part-time and spare-time traders WORLDWIDE. 
      Global Profit Systems, Inc., of the proposed acquisition and to become a 
      wholly-owned subsidiary of GLPT.PK, will be responsible for providing 
      all the necessary sales, marketing and administration of the technical 
      and educational seminars and online training webinars to GLPT’s 
      clients.
    
    
      Two basic premises are at play and provide the framework for which Mr. 
      Nemeth conceived what is now being implemented via GLPT.PK:
    
    
      The first is that there are tremendous opportunities in trading Foreign 
      Currencies, yet the real-life challenges of a truly international market 
      that operates 24 hours a day, five day a week are difficult to overcome 
      even for the most experienced traders. However, if those challenges 
      could be overcome in a software application, then an idea turns into an 
      economic opportunity with a huge global appeal.
    
    
      Those challenges are addressed with the tools and built-in trading 
      modules provided in the 4X-MM proprietary software application, 
      providing strategic and automatic trading solutions for any 
      self-directed currency trader.
    
    
      The second challenge is in providing an environment for all prospective 
      users of 4X-MM by recognizing that all participants/users are not the 
      same. Thus the idea of establishing The Continuing Education and 
      Training Segment concept was realized. By acquiring a stand-alone 
      business unit, Global Profit Systems, Inc. (“GPSI”) 
      will provide a range of investor education products and services that 
      will provide lifelong learning and support to self-directed currency 
      traders. Further, the level of sophistication and application of various 
      technical and fundamental principles of trading the foreign currency 
      markets drives a quest for knowledge, as in any business/financial 
      activity and/or hobby. In that vein, our premise is that the more people 
      who are exposed to and use the 4X-MM application, tools and systems, the 
      more they will demand the type of training and continuing education 
      programs GPSI is, and will continue to develop, for new, seasoned and 
      professional traders, alike.
    
    
      The GPSI business unit, as proposed, will offer educational products and 
      services in various learning formats, with courses ranging from 
      beginning to advanced, to address the needs of all investor levels.
    
    
      The formats include fundamental investing concepts, workshops, seminars 
      and webinars which includes one and two-day live, instructor-led trading 
      workshops covering topics ranging from fundamental investing principles 
      to advanced strategies: web-based home study/online courses; personal 
      coaching services offering students individual, on-demand access to 
      coaches via the telephone or web chat; one-to-many online coaching and 
      support; interactive workshops; and comprehensive ongoing support and 
      tutorials, which have been developed and continue to be developed. This 
      in addition to GPSI's offerings of basic to advanced technical analysis, 
      advanced currency trading, and most importantly, training to the 
      specific tools and functions provided by 4X-MM.
    
    
      What Mr. Nemeth and management discovered over several years of 
      development and testing of the 4X-MM platform is that the more someone 
      trades foreign currency the more they want to further develop a greater 
      understanding of the more sophisticated models and strategies. As 
      participants and testers, to date, have come to appreciate the 
      sophistication and more complex strategies that can be deployed using 
      the various trading modules of the software, the more they quest for an 
      even greater understanding and mastery of the markets they operate 
      within and the trading strategies they are deploying.
    
    
      The result of this structure will be that GLPT will generate recurring 
      cash flows from licensing it software on recurring usage basis, while 
      GPSI will generate revenues from the sales and marketing of continuing 
      education, training seminars, personal consulting as well as recurring 
      membership fees from a completely interactive social network of the 
      software’s users around the Globe.
    
    
      Global Profit Technologies, Inc. is set to be the world’s 
      foremost leader in providing foreign currency traders with products and 
      services in order to help the current and prospective users fulfill 
      their own goals of financial success. With current and recurrent sources 
      of income, high margins on their services and recurring licensing/usage 
      revenues from its software trading platforms and, with an expanding 
      market niche and declining cost structures, management strongly believes 
      that the future of GLPT.PK is outstanding.
    
    
      Global Profit Technologies, Inc. and Global Profit Systems, Inc. have 
      now reached a point of moving beyond being a research and development 
      company to an early stage growth company.
    
    
      Management has been methodical in building the infrastructure, tools and 
      requisite resources, including databases, marketing materials, training 
      seminars, media, and other necessary resources to begin generating 
      revenue from users of the platform and the sales of the training 
      seminars, as well as to support an aggressive GLOBAL marketing and sales 
      campaign.
    
    
      GLPT may be affected by some or all of the factors, risks and 
      uncertainties of any newly formed and/or acquired business with many 
      beyond the management of GLPT’s 
      control. Except for factual and historical statements contained herein, 
      the statements made in this release constitute forward-looking 
      statements that involve risks and uncertainties.