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GLOBAL TECH INDUSTRIES GROUP, INC. ANNOUNCES APPROVAL BY BOARD OF DIRECTORS TO PROCEED WITH A DIVIDEND CONSISTING OF WARRANTS TO PURCHASE THE COMPANY’S COMMON STOCK

New York, New York, March 17, 2021 (GLOBE NEWSWIRE) — (GTII:OTCQB) Global Tech Industries Group, Inc. (“GTII” or the “Company”), www.gtii-us.com announced today that its Board of Directors has, having completed their feasibility study, given management approval to commence the process of issuing a warrant in the form of a dividend to its shareholders of record. Management has retained SEC counsel to interface with FINRA to proceed with filing the appropriate documents with the intention of paying such dividend as soon as possible. Details will be announced in the coming weeks.

GTII’s chairman and CEO, David Reichman, stated, “ I am pleased with the manner in which the board undertook this matter. Their professionalism and expeditious approach in reviewing the form of warrant agreement gave us an opportunity to offer a potential reward to our loyal shareholders .”

About Global Tech Industries Group, Inc.: GTII, a publicly traded company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies.

Please follow our company at: www.otcmarkets.com/stock/GTII

Safe Harbor Forward-Looking Statements:
This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

Blaine Riley – br@intlmonetary.com
International Monetary
620 Newport Center Drive, #1100
Newport Beach, CA 92660
949.200.4601

GLOBAL TECH INDUSTRIES GROUP, INC. ANNOUNCES APPROVAL BY BOARD OF DIRECTORS TO PROCEED WITH A DIVIDEND CONSISTING OF WARRANTS TO PURCHASE THE COMPANY’S COMMON STOCK

New York, New York, March 17, 2021 (GLOBE NEWSWIRE) — (GTII:OTCQB) Global Tech Industries Group, Inc. (“GTII” or the “Company”), www.gtii-us.com announced today that its Board of Directors has, having completed their feasibility study, given management approval to commence the process of issuing a warrant in the form of a dividend to its shareholders of record. Management has retained SEC counsel to interface with FINRA to proceed with filing the appropriate documents with the intention of paying such dividend as soon as possible. Details will be announced in the coming weeks.

GTII’s chairman and CEO, David Reichman, stated, “ I am pleased with the manner in which the board undertook this matter. Their professionalism and expeditious approach in reviewing the form of warrant agreement gave us an opportunity to offer a potential reward to our loyal shareholders .”

About Global Tech Industries Group, Inc.: GTII, a publicly traded company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies.

Please follow our company at: www.otcmarkets.com/stock/GTII

Safe Harbor Forward-Looking Statements:
This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

Blaine Riley – br@intlmonetary.com
International Monetary
620 Newport Center Drive, #1100
Newport Beach, CA 92660
949.200.4601

GLOBAL TECH INDUSTRIES GROUP, INC., AND GOLD TRANSACTIONS INTERNATIONAL, INC. EXECUTE STOCK PURCHASE AGREEMENT

New York, New York, March 02, 2021 (GLOBE NEWSWIRE) — (GTII: OTCQB) Global Tech Industries Group, Inc. (“GTII” or “The Company”), www.gtii-us.com, a Nevada Corporation, focused on acquiring new and innovative technologies in diverse industries, and Gold Transactions International, Inc. (“GTI”), a Utah corporation involved in the business of buying and selling gold on a global basis, executed a stock purchase agreement, hitting the February 28, 2021 deadline established in the Letter of Intent signed between the two companies on February 6, 2021. Gold Transactions International, Inc., with the assistance of a private network, purchases gold from artisan miners throughout the world and transports, assays, refines and sells the gold in the DMCC, a free trade zone in Dubai. This private network of security firms and gold buyers provides GTI with access to small gold operations in the regions within reasonable shipping distance to Dubai. GTI’s private network entities are members of the DMCC, giving them access to multiple refineries and secured gold vaults. The DMCC processes and trades one fourth of the world’s gold supply. See www.Dmcc.ae for more information on Dubai’s DMCC free trade zone.

GTII’s Chief Executive Officer, Mr. David Reichman stated, “I cannot say enough about our GTII team, starting with our President and officers, to our SEC legal counsel, advisors and other partners, who worked tirelessly with me for the last several weeks to bring this acquisition home. We believe the fit between our two companies to be synergistic. It is already evident that this combination is leading GTII to the next level of success, resulting in greater value for our shareholders.”

GTI’s Chief Executive Officer, Tsuimei Wang added, “GTI is excited for this new opportunity to achieve collaboration with GTII and expand our gold operations in the U.S. and Dubai. Our network of affiliates provides wonderful opportunities to expand not only our gold buying operations, but also the opportunity to be more involved in gold and other precious metal mining on U.S. soil. We believe, with the help of GTII’s management team and their resources, we will be able to find the capital needed to make it to the next level in our operating evolution.”

About Global Tech Industries Group, Inc.: GTII, a publicly traded company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies.

Please follow our company at: www.otcmarkets.com/stock/GTII

Safe Harbor Forward-Looking Statements:
This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Blaine Riley – br@intlmonetary.com
International Monetary
620 Newport Center Drive, #1100
Newport Beach, CA 92660
949.200.4601

www.gtii-us.com
www.otcmarkets.com/stock/GTII

GLOBAL TECH INDUSTRIES GROUP, INC. RETIRES GENEVA ROTH REMARK HOLDINGS, INC. CONVERTIBLE DEBT.

February 26, 2021, New York, New York: (GTII: OTCQB) Global Tech Industries Group, Inc. (“GTII” or “Company”), www.gtii-us.com a development stage company, focused on acquiring new and innovative technologies in diverse industries, after quotation on the OTCQB marketplace, and retaining International Monetary for capital formation and support of its investor relations efforts, today announced that it has retired their convertible debt.

GTII’s President, Kathy Griffin, stated, ”GTII takes great pleasure in announcing the full repayment of the convertible debt facility previously entered into last November, 2020. Our Board and our project team are working tirelessly to execute the company’s business plan. The company was accepted back onto the “QB” as of January, 2021, so this is a continuation of what we believe will be an exciting year.”

Frank Benintendo, Vice-Chair of the Board, expressed great confidence in management and the entire project team. He added, “This is the second important step in creating a sound financial structure as we go forward in 2021.”

Please visit our page on OTC Markets for current market price.

About Global Tech Industries Group, Inc.: GTII, a publicly traded company incorporated in the state of Nevada, is a development stage company, specializing in the pursuit of acquiring new and innovative technologies.

Safe Harbor Forward-Looking Statements:

This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Blaine Riley – br@intlmonetary.com
International Monetary
620 Newport Center Drive, #1100
Newport Beach, CA 92660
949.200.4601

www.gtii-us.com
www.otcmarkets.com/stock/gtii

GLOBAL TECH INDUSTRIES GROUP, INC. SIGNS LETTER OF INTENT WITH GOLD TRANSACTIONS INTERNATIONAL, INC.

February 8, 2021, New York, New York: (GTII: OTCQB) Global Tech Industries Group, Inc. (“GTII” or “Company”), www.gtii-us.com a development stage company, focused on acquiring new and innovative technologies in diverse industries, after repositioning itself to rejoin the OTCQB marketplace, securing interim financing from Genova Roth Remark Holdings, Inc., and retaining International Monetary for capital formation and support of its investor relations efforts, today announced that it has successfully executed a Letter of Intent with Gold Transactions International, Inc., (“GTI”), a Utah corporation. The expected closing date of the final, binding acquisition agreement, defining the terms of the acquisition of GTI by GTII, including an assessment its assets and operations going forward, is anticipated to be completed by February 28, 2021. Please visit our page on OTC Markets for current market price.

GTII’s Chief Executive Officer, Mr. David Reichman stated, “By restoring the company back onto the OTCQB, securing financial backing and partnering with an investor relations firm with International Monetary’s reputation, our team was able to move swiftly to negotiate from strength and sign this Letter of Intent. We are now strategically positioned to close the acquisition in the first quarter of 2021, and work to develop the potential assets of Gold Transactions International, Inc. whose goals for merger and expansion coincide with our own”.

GTI’s Chief Executive Officer, Tsuimei Wang added, “GTI has been searching for a strategic partner to assist us in expanding our operations in international gold commerce, and we believe GTII is the perfect fit. With GTII’s expertise and resources, we fully expect to successfully expand our operations and bring our other gold-based products to market.”

About Global Tech Industries Group, Inc.: GTII, a publicly traded company incorporated in the state of Nevada, is a development stage company, specializing in the pursuit of acquiring new and innovative technologies.

Safe Harbor Forward-Looking Statements:

This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Blaine Riley – br@intlmonetary.com

International Monetary

620 Newport Center Drive, #1100

Newport Beach, CA 92660

949.200.4601

www.gtii-us.com

www.otcmarkets.com/stock/gtii

GLOBAL TECH INDUSTRIES GROUP, INC. COMPLETES MOVE TO THE OTCQB

New York, Jan. 11, 2021 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (“GTII” or “Company”), a development stage company, focused on acquiring new and innovative technologies in diverse industries, today announced that the Company has officially been restored to the OTCQB public market, and that as of this morning it will be able to function as such, providing vital current and public information that investors need to analyze, value and trade securities with greater visibility and transparency.

GTII’s Chief Executive Officer, Mr. David Reichman stated, “Through a consistent and dedicated effort by our GTII team, we have been able to complete the necessary steps and demonstrate the appropriate level of compliance to the SEC and the OTCQB market to actualize this vital component of our 2021 Business Plan. It is indeed the beginning of a new and exciting year for GTII”.

About Global Tech Industries Group, Inc.: GTII, a publicly traded company incorporated in the state of Nevada, is a development stage company, specializing in the pursuit of acquiring new and innovative technologies.

Safe Harbor Forward-Looking Statements:

This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Blaine Riley
International Monetary
620 Newport Center Drive, #1100
Newport Beach, CA 92660
949.200.4601

www.gtii-us.com

www.otcmarkets.com/stock/gtii

GLOBAL TECH INDUSTRIES GROUP, INC. RETAINS INTERNATIONAL MONETARY FOR INVESTOR RELATIONS, CAPITAL FORMATION, AND OTHER STRATEGIC SERVICES

New York, Dec. 21, 2020 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (“GTII”), www.gtii-us.com, a development stage company focused on acquiring new and/or innovative technologies in diverse industries, today announced that it has entered into a formal agreement with International Monetary, www.intlmonetary.com, a merchant bank based in Newport Beach, CA, who will assist GTII in identifying new business prospects and strategic partnerships, as well as source capital so the company can continue to expand.

GTII’s Chief Executive Officer, Mr. David Reichman stated, “We are pleased to have signed an agreement with International Monetary and believe that this additional support will serve to put the company in position to achieve its stated goals of expanding our shareholder base, raising awareness of the company in the marketplace, and uncovering interesting opportunities going forward.”

International Monetary’s Managing Director, Mr. Blaine Riley added, “From the moment our team reviewed GTII’s capabilities, we immediately recognized the enormous potential for this young company and wanted to be part of what I expect will be one of the most talked about emerging growth stories. On the investor relations side, we will direct a series of initiatives to enhance shareholder value and ensure liquidity, and through our investment banking and strategic advisory arm, we will also advise the company on matters such as capital resources, structured financing, mergers and acquisitions, and advise the company’s management on other strategic decisions”.

About Global Tech Industries Group, Inc.: GTII, a publicly traded company incorporated in the state of Nevada, is a development stage company, specializing in the pursuit of acquiring new and/or innovative technologies.

About International Monetary: Founded in 1997, IM recognized a need to provide investment banking services with the speed and precision that is required in the new internet and technology economy. IM focuses on turnaround situations and rapidly growing small companies, specializing in debt/equity financing of under $1 billion. IM is led by a team of Managing Directors that offer a number of strategic advisory services, including: sourcing capital sources, M&A consultation, int’l licensing/commercialization, product/service distribution, advertising and marketing, and shareholder enhancement services. To learn more about IM, go to: www.intlmonetary.com

Safe Harbor Forward-Looking Statements:

This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to general stock market conditions. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our expansion of our existing as well as new service lines noting there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. Additional service offerings may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the various geopolitical locations we will be providing services in, the impact of which cannot be predicted at this time.

Mike King
Princeton Research, Inc.
3887 Pacific Street, Las Vegas NV
702.338.2700

www.gtii-us.com

www.otcmarkets.com/stock/gtii

GLOBAL TECH INDUSTRIES GROUP, INC. COMMENCES MOVE TO THE OTCQB

New York, Dec. 16, 2020 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (“GTII”), a development stage company focused on acquiring new and/or innovative technologies in diverse industries, today announced that it has begun the process of restoring the Company to the OTCQB, which should occur on or before December 31st, 2020. The OTCQB is an established public market that enables companies to provide current public information that investors need to analyze, value, and trade securities, with greater visibility and transparency.

GTII’s Chief Executive Officer, Mr. David Reichman stated, “This is a major goal that we set for ourselves and have been working towards for some time, and with financing secured by the recently signed agreement with Geneva Roth Remark Holdings, Inc., I am confident we will complete this all-important step before the end of the year”.

About Global Tech Industries Group, Inc.: GTII, a publicly traded company incorporated in the state of Nevada, is a development stage company, specializing in the pursuit of acquiring new and/or innovative technologies.

Safe Harbor Forward-Looking Statements:

This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to general stock market conditions. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our expansion of our existing as well as new service lines noting there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. Additional service offerings may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the various geopolitical locations we will be providing services in, the impact of which cannot be predicted at this time.

Mike King
Princeton Research, Inc.
3887 Pacific Street, Las Vegas NV
702.338.2700

www.gtii-us.com

www.otcmarkets.com/stock/gtii

GLOBAL TECH INDUSTRIES GROUP, INC. SECURES PRIVATE EQUITY FINANCING TO SUPPORT UPCOMING ACQUISITION(S)

New York, New York, Dec. 02, 2020 (GLOBE NEWSWIRE) — As previously disclosed in an 8K filed on November 30th, 2020, with the Securities Exchange Commission, Global Tech Industries Group, Inc. (“GTII”), a development stage company, focused on acquiring new and/or innovative technologies in diverse industries, today announced that it has entered into a Financing Agreement with Geneva Roth Remark Holdings, Inc. (“GRR”). The Company has received the initial funding under the financing agreement.

GTII’s Chief Executive Officer, Mr. David Reichman stated, “We are extremely pleased to have forged a relationship with GRR and believe that this is the beginning of a successful funding partnership, which will support our efforts to aggressively pursue new acquisitions”.

About Global Tech Industries Group, Inc.: GTII, a publicly traded company incorporated in the state of Nevada, is a development stage company, specializing in the pursuit of acquiring new and/or innovative technologies.

Safe Harbor Forward-Looking Statements:

 This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to general stock market conditions. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our expansion of our existing as well as new service lines noting there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. Additional service offerings may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the various geopolitical locations we will be providing services in, the impact of which cannot be predicted at this time.

Mike King
Princeton Research, Inc.
3887 Pacific Street, Las Vegas NV
702.338.2700

www.gtii-us.com

www.otcmarkets.com/stock/gtii

GLOBAL TECH INDUSTRIES GROUP (GTII) ENTERS INTO AGREEMENT WITH FIRST CAPITAL MASTER ADVISOR AND GCA EQUITY PARTNERS FOR ACQUISITION OF Multi-MILLION DOLLAR REAL ESTATE PORTFOLIO

– Transforms company and positions it as a real estate operating company

New York, NY, April 22, 2019 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCPK:GTII) (“GTII”), a Nevada Corporation, announced today that it has entered into a binding agreement with First Capital Master Advisor and GCA Equity Partners, LLC to acquire from them a portfolio of real estate properties represented to have at closing an estimated enterprise value of approximately $450 Million. GTII has agreed to issue shares of its common stock and newly authorized preferred stock to the Seller in consideration for the assets.

The portfolio is expected to be comprised of real estate development and construction projects including land development sites in growth markets, single family and multi-family homes, mixed-use master-plan projects including single family residential, high-density multi-family, and commercial elements, and other improved and unimproved assets located primarily in Texas and California. Details of the transaction are described in GTII’s recent 8K filing with the SEC, but essentially GTII’s new business model will be to acquire, develop, build, manage, and sell these types of real estate projects.

According to an article published by Brad Broberg on the National Association of Realtors website in December of 2018, housing demand is significantly higher than supply in the United States, particularly in the west. Specifically, the article notes that “…research by a coalition of housing developers, Up for Growth, calculated that from 2000 to 2015 the nation constructed 7.3 million fewer units of housing than it should have based on a matrix of historic demand indicators such as home prices, population and income…California was by far the biggest underachiever with a shortfall of 3.4 million units…” GTII’s real estate development efforts will focus on capitalizing on that shortfall.

Suneet Singal, Chief Executive Officer of First Capital Master Advisor stated, “We are excited by the opportunity to continue executing upon our value add investment thesis as it relates to real estate residential master plan development growth opportunities in the US Market. Given current consumer appetite, a low interest rate economic climate and the demand for solid real estate residential development assets, we believe this investment will be significantly accretive to the shareholder base of GTII.”

“We see the potential for great synergy between the types of development assets we are contributing, the current high level of consumer need, and the public capital markets,” said Tom Braegelmann, Chief Executive Officer of GCA Equity Partners, “and we very much look forward to enabling the successful transformation of GTII to a well-positioned real estate development, construction, and management company.”

David Reichman, Chief Executive Officer of GTII, stated, “Our shareholders, management team, and board members have been patiently waiting for just the right acquisition for our corporate entity. We wanted a meaningful proposition that would be both substantive and productive, and believe that this acquisition embodies all of those traits. We are very pleased to be working with First Capital Master Advisor and GCA Equity Partners, both with extensive real estate investment experience, as we transform GTII into a publically traded real estate development and construction company.”

GTII will likely file a notice of corporate action with FINRA after the closing to change its name and trading symbol, and prepare to uplist to a major stock exchange. The anticipated closing date of the asset contributions is May 15th of this year, though that date may be amended by mutual agreement of the parties involved in the transaction.

About Global Tech Industries Group

Global Tech Industries Group, Inc. (GTII) is a publicly traded holding company, with subsidiaries and affiliates that hold intellectual properties and proprietary systems in the bioscience, clean tech, and energy-related businesses, as well as interests in restaurant services. For more information on Global Tech Industries Group, Inc., please call 212.204.7926, and see our website: www.GTII- US.com.

About First Capital Master Advisor

First Capital Master Advisor (FCMA) is a privately held real estate, investment and asset management company headquartered in New York and California. The firm specializes in bringing unique real estate private equity opportunities and assets into more efficient capital markets channels. For more information the firm can be reached at investorrelations@firstcapitalre.com or www.firstcapitalre.com.

About GCA Equity Partners

GCA Equity Partners, LLC is a privately held real estate investment and development company located in Campbell, California. It focuses on the development and construction of single and multi-family residential real estate along with senior living and hospitality projects. More information is available at GCAEquityPartners.com.

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms “believes”, “belief”, “expects”, “intends”, “anticipates”, “projects” “will”, or “plans” to be uncertain and forward looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company’s reports and registration statements filed with the Securities and Exchange Commission.

Contact
Mr. Mike King of Princeton Research Inc. 702.650.3000