Mina Mar Marketing – Blog & Announcements

MONTREAL, July 28, 2009 /PRNewswire-FirstCall via COMTEX/ — Mon Arc Corporation (www.monacorporation.com – MONA.PK is pleased to announce that it has closed its ITI Biotech International Inc. subsidiary with Global General Technologies, Inc. (GLGT:PK), a Nevada based public company (http://www.glgt-corporate.com). The acquisition was completed on an all-stock basis of GLGT common stock. The transaction was scheduled to close over 6 weeks ago however was delayed due to certain planned distributions to MONA shareholders which details and logistics are still being worked on by the new MONA management.

MonArc will now focus its energies on its recently acquired H T Processing Ltd., http://www.grainduster.com, and anticipates that it will appoint a new accounting firm to conduct audits of H T’s financial statements in preparation for filing a Form 15c211 to become a solicited issuer. Previous attempts were thwarted due to the lack of an audit.

The company intends to carry on “business as usual” with filings of its current and recent unaudited quarterly statements shortly on www.PinkSheets.com plus to continue providing its shareholders and followers with regular and timely updates.