GLOBAL TECH INDUSTRIES GROUP, INC. AND BRONX FAMILY EYE CARE, INC. SIGN DEFINITIVE STOCK PURCHASE AGREEMENT AHEAD OF SCHEDULE
New York, April 01, 2021 (GLOBE NEWSWIRE) — (GTII: OTCQB) Global Tech Industries Group, Inc. (“GTII” or the “Company”), www.gtii-us.com, a Nevada Corporation, and Bronx Family Eye Care, Inc., a New York corporation engaged in the business of full scope optometry, signed a definitive stock purchase agreement, and negotiated the requisite employment agreements within the thirty (30) day timeframe that the two companies had set for themselves on March 21st, 2021, when they signed the binding Letter of Intent. Bronx Family Eye Care, Inc. operates four locations, three of which are in the Bronx, and one of which is in Manhattan, New York. Bronx Family Eye Care, Inc.’s certified optometrists use cutting-edge equipment to provide diagnosis and treatment for diseases of the eye, as well as corrective eyewear, to residents of the Bronx and Upper Manhattan. GTII now intends to actively seek and acquire other eye care companies that operate in similar manner to Bronx Family Eye Care, Inc. in order to capitalize on its aggressive growth plan more fully.
GTII’s President, Kathy Griffin, stated, “We decided early on to move this acquisition target into the plus column for GTII as quickly as possible. Bronx Family Eye Care, Inc. is a great fit for our company, as it has been successfully operating on its own, has realized revenue and profits on its own, and is looking to GTII primarily for the entre and assistance in the public marketplace that we can afford them. This tremendous positive for our balance sheet kick starts us as we move into the second quarter of 2021, already having made significant inroads towards the execution of our business plan. “
About Global Tech Industries Group, Inc.: GTII is a publicly traded company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies.
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