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Update to Global Tech Industries Group, Inc.’s Crypto Special Dividend

New York, NY, May 2, 2022 (GLOBE NEWSWIRE) – Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced that a majority of its board of directors and our majority shareholder signed consents on April 28, 2022, to declare a crypto special dividend of Shiba Inu tokens to the holders of the Company’s common stock . Holders of the Company’s common stock will receive four (4) Shiba Inu tokens for every one (1) share of the Company’s common stock owned by record holders as of the special dividend record date of May 9, 2022.

The Company has submitted the initial application for the dividend with FINRA and is awaiting further processing comments from FINRA. Once the special dividend is processed with FINRA, the Company will announce the effective date (which it anticipates will be sometime during May) and provide further information regarding the procedures by which the crypto special dividend will be distributed to the record holders.

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. Visit GTII here https://gtii-us.com/.

Please follow our Company at: www.otcmarkets.com/stock/GTII or at https://gtii-us.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 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.

Global Tech Industries Group, Inc.
511 Sixth Avenue, Suite 800
New York, NY 10011

Info@gtii-us.com

Global Tech Industries Group, Inc. Closes Sale of its Beyond Blockchain Business and Announces its Upcoming First Crypto Dividend

Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that on April 19, 2022 it entered into a definitive asset purchase agreement with Parabolic Tech DMCC (“Parabolic Technologies”), www.parabolictech.io, for the sale of its “Beyond Blockchain” business and assets, and simultaneously closed the transaction.

Under the terms of the asset purchase agreement, GTII received $25,000 in cash at the closing, with additional consideration to be paid, post-closing, as described below. Parabolic Technologies acquired all of the Beyond Blockchain assets and assumed all outstanding liabilities of the Beyond Blockchain business. In addition,

  • Parabolic Technologies will issue GTII an equity interest equal of 10% of the first subsequent new Token allocation it receives and launches on the exchange;
  • Parabolic Technologies will issue GTII an equity interest of 10% of all tokens issued by Parabolic Technologies in connection with its own initial proprietary token offering; and
  • Parabolic Technologies will distribute a third-party crypto dividend to GTII shareholders, as of the record date of April 29, 2022 (the “Crypto Dividend”).

The Crypto Dividend described above will be GTII’s first cryptocurrency dividend.

David Reichman, Chairman and CEO of GTII stated, “We are extremely pleased that we were able to quickly turn around the closing of the sale of our Beyond Blockchain business. The sale of this business line to Parabolic Technologies will allow GTII to participate indirectly in Beyond Blockchain’s potential as the daily operations will now be turned over to Parabolic Technologies whose principals have experience and relationships in the crypto space.

Tommy Wang, Parabolic Technologies Strategic Advisor stated, “We are excited to deliver the global bridge of liquidity & transparency through technology for our valued customers .”

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. Visit GTII here https://gtii-us.com/.

Please follow our Company at: www.otcmarkets.com/stock/GTII or at https://gtii-us.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 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.

Global Tech Industries Group, Inc.
511 Sixth Avenue, Suite 800
New York, NY 10011
Info@gtii-us.com

Global Tech Industries Group, Inc’s. completes acquisition of Classroom Salon, LLC.

Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that Classroom Salon, LLC, (“Classroom Salon”) has successfully completed the requisite audit of its financial statements. In addition, Classroom Salon has delivered to the Company an Amended and Restated License Agreement with Carnegie Mellon University. Previously, on January 18, 2022, GTII’s subsidiary Classroom Salon Holdings, LLC (“Classroom Holdings”) executed agreements for the acquisition of Classroom Salon. All members of Classroom Salon, including Carnegie Mellon University, in partnership with whom the Classroom Salon software was originally developed, executed the purchase and assignment agreements. As a result of the successful completion of these three events, Classroom Salon is now a wholly-owned subsidiary of Classroom Holdings, a wholly-owned subsidiary of GTII.

David Reichman, GTII’s Chief Executive Officer, stated “Now that this deal has been successfully closed, our team can focus its time and efforts on introducing Classroom Salon’s software to a wider audience and larger client base. We believe that the benefits of virtual learning through its workflows and algorithms is immeasurable, and we are thrilled to be part of it.”

Tommy Wang, Classroom Salon’s President, stated, “We would also like to acknowledge the Classroom Salon team, who, along with GTII, has worked tirelessly to bring this new partnership about. The education ecosystem we are introducing should allow for operation in a fully virtual environment, and the implications of that for both students and educators could be dramatic, as student experience continues to be enhanced in real time.”

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. Visit GTII here https://gtii-us.com/.

Please follow our Company at: www.otcmarkets.com/stock/GTII or at https://gtii-us.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 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.

Global Tech Industries Group, Inc.
511 Sixth Avenue, Suite 800
New York, NY 10011
Info@gtii-us.com

Global Tech Industries Group, Inc’s. Executes a Letter of Intent with Wildfire Media Corp.

Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that it has signed a non-binding Letter of Intent (“LOI”) with Wildfire Media Corp. (“Wildfire Media”), a legal marketing company in the business of supporting law firms with client acquisition research, data-driven marketing, media planning and analysis and client retention services. A definitive purchase agreement is anticipated within 90 days.

Wildfire Media licenses the 1-800-LAW-FIRM brand to a national network of law firms committed to protecting the rights of clients in areas as diverse as consumer protection, environmental hazards, civil rights, and criminal defense among other areas. The expectation is for GTII to acquire a 100% interest in Wildfire Media Corp for a yet-to-be-determined number of the Company’s common shares, and subject to a verification of assets, and liabilities, as well as a PCAOB-compliant audit of Wildfire Media Corp books for the calendar years ending December 31, 2021 and December 31, 2020, as well as other mutual due diligence, and a proposed business plan with its related budget in a form sufficient to GTII.

David Reichman, GTII’s Chief Executive Officer, stated “When we see an opportunity to partner with an organization in the business of expanding access to legal advice and support, the GTII team will attempt to move quickly every time. We are excited to start the due diligence process with Wildfire Media, as they have indicated an understanding of the ability, knowledge and public access that GTII can provide them to continue with their growth strategy.”

Ari Kresch, Wildfire Media Corp. Founder, said “Combining the significant growth potential of our national brands, like 1-800-LAW-FIRM, with a business that embraces innovative technologies like GTII is a natural next step in the evolution of our Legal Support Organization (LSO). Our focus on A.I. enabled marketing, data and technology solutions, and scale could allow us to leverage our customer base and brands that Wildfire Media has established over three decades. We look forward to closing a mutually accretive acquisition and a new future together.”

Founded in 1996, Wildfire Media provides performance-based marketing and technology solutions that enable law firms to concentrate on what they do best. Wildfire Media is establishing a Legal Support Organization (LSO) so that law firms are equipped to combine advances in the latest technologies along with best operational practices, both provided by our LSO.

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. Visit GTII here https://gtii-us.com/.

Pease follow our Company at: www.otcmarkets.com/stock/GTII or at https://gtii-us.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 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.

Global Tech Industries Group, Inc.
511 Sixth Avenue, Suite 800
New York, NY 10011
Info@gtii-us.com

Global Tech Industries Group, Inc. and TCG World Enter into Memorandum of Understanding to Lease and Develop Commercial Land in the Metaverse

New York, NY, Jan. 18, 2022 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that it has entered into a strategic partnership with TCG World (TCG Gaming BV), a company headquartered in The Netherlands, to lease a commercial plot of virtual land within their upcoming Metaverse project. In addition, GTII and TCG World intend to jointly explore further commercial opportunities within TCG World’s Metaverse.

GTII, along with TCG Worlds development team, will construct and develop virtual art galleries to showcase GTII’s art collection on the GTII Plot, which is capable of housing up to 100 virtual structures to display digital art.

David Reichman, GTII’s Chief Executive Officer, stated “The GTII management team, along with our group of technical consultants, continue to impress me with the depth of their acquired knowledge and expertise, moving forward purposefully to establish the Company’s presence in the virtual worlds of digital fine art and the metaverse. The new partnership between GTII and TCG World represents another step in the Company’s further expansion into the metaverse. Once fully developed, GTII will be able to virtually display the Company’s growing art collection.”

David Evans, TCG Worlds Chief Executive Officer, stated, “The TCG World management and development team have worked with the GTII team to explore the possibilities of bringing art into the Metaverse and creating an educational and virtual shopping experience that will provide users all over the world the opportunity to enjoy art they would never have had access to before the creation of the Metaverse. With virtual reality experiences inside the Metaverse, consumers can visualize their purchases before they buy a product or piece of fine art.”

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. Visit GTII here https://gtii-us.com/

About TCG World : TCG World is an online open world virtual gaming experience where players can earn TCG Coin 2.0, gather NFT collectibles, own virtual real estate, create, explore the game world and set up their own online businesses,. TCG World introduces a new approach to NFTs making it more than just a piece of art - now players can take their NFTs into the gaming world and play. Everything a player owns in the metaverse is an NFT - real estate, vehicles, pets, trophies and even player avatars. TCG World, consists of 100,000 public plots divided into four main regions; Asia, North, Forest, and East, each with its own city center that offers commercial opportunities. Visit TCG World here https://tcg.world/

Please follow our Company at: www.otcmarkets.com/stock/GTII or at https://gtii-us.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 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.

Global Tech Industries Group, Inc.
511 Sixth Avenue, Suite 800
New York, NY 10011
Info@gtii-us.com

Global Tech Industries Group, Inc. and DTXS Auction Ltd. enter into Memorandum of Understanding to Bring Chinese Art into GTII’s Metaverse

Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that is has executed a memorandum of understanding (“MOU”) with DTXS Auction Ltd. (“DTXS”), a wholly owned subsidiary of DTXS Silk Road Investment Holdings Co. Ltd. (“Silk Road”), a Hong Kong corporation listed on the Hong Kong Stock Exchange, aimed at bringing Chinese art and antiques into GTII’s evolving metaverse (“Metaverse”).

As part of GTII’s Metaverse operation, which will include the 1934 Picasso work titled “Quatre Femmes Nues Et Tete Sculptee”, as well as other art in GTII’s collection, the Company is actively engaged in securing up to 100 virtual structures in a decentralized metaverse to develop virtual museums and art galleries. Additionally, GTII has retained a team of consultants to manage the day-to-day Metaverse operation, as well as art dealers specializing in Western art.

Per the MOU, DTXS will endeavor to develop the Metaverse’s first Chinatown art district, which will display art pieces from the greatest eras of Chinese antiquity, including those that have rarely been accessible to Western audiences. Together with DTXS, GTII’s Metaverse museums and galleries will display famous works of art from East to West.

Finally, and in connection with its pending S-1 application for token dividend distribution, GTII plans to develop and implement Play-to-Earn Games linking the Company’s planned GFT Token to a retail environment in the Metaverse.

GTII Metaverse launch is tentatively expected to occur in the second quarter of 2022. The Company will provide periodic updates to shareholders regarding its progress.

David Reichman, GTII’s Chief Executive Officer, stated “GTII has already acquired, and will continue to seek to acquire, European and American art from different periods aimed at offering museums in Metaverse environments, which is an exciting new business opportunity for the Company. GTII, together with DTXS, hopes to offer virtual art world opportunities to its shareholders in order for them to participate in invitation-only NFT auctions, fireside chats, and the chance to acquire virtual shares of historically important collection of art.”

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.

About DTXS Auction Limited. DTXS is a wholly owned subsidiary of DTXS Silk Road Investment Holdings Co. Ltd. Silk Road is Hong Kong Stock Exchange listed company with its principal business in: (i) art auctions and collection- related operations; (ii) production and sales of fine wine; and (iii) properties investment and development. Silk Road’s parent group is a privately-held conglomerate headquartered in Xian, PRC, which focuses on cultural industries, cultural heritage and museum operations, and financial investment covering cultural industries, tourism, galleries and museums, hotels, and other cultural and tourism-related real estate operations. It founded the Tang West Market Museum, which is the only privately owned “First Class State Level Museum” in the Peoples Republic of China.

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.

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

Global Tech Industries Group, Inc. Provides Notice to Warrant Holders Regarding Exercise by Wire or Automated Clearing House (ACH).

New York, NY, Dec. 28, 2021 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that is has updated its warrant exercise instructions for warrants received as of the record date of April 1, 2021 (the “Warrants”). Warrant holders can obtain a copy of the updated warrant exercise instructions, as well as the Election to Purchase Warrant Shares form by visiting the GTII website or clicking here1.

The updated warrant exercise instruction letter has been available on the GTII website since December 15, 2021. However, the Company recently learned that the banking information for exercise by wire transfer or Automated Clearing House (“ACH”) provided on the original warrant exercise letter dated April 9, 2021 has been compromised and is no longer able to accept payments. Warrant holders who wish to exercise Warrants by wire transfer or ACH should contact Liberty Stock Transfer, Inc. at inbox@libertystocktransfer.com.

GTII will distribute, by mail, the updated warrant exercise instruction letter and the Election to Purchase Warrant Shares form, as well as a copy of this press release, to holders of the Warrants.

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.

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

Audio Message from GTII CEO David Reichman

GTII CEO, David Reichman discusses the state of the company and delivers status for the future development of several business sectors.

Listed to Audio Message

 

GTII RETAINS CHILEAN LAW FIRM BERTRAND-GALINDO BARRUETO BARROILHET & CÍA. TO CONDUCT DUE DILIGENCE OF TRENTO MINING PROJECT

New York, NY, Dec. 09, 2021 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that is has retained Bertrand-Galindo Barrueto Barroilhet & Cía. (“Bertrand-Galindo”), a firm headquartered in Santiago, Chile, to conduct a due diligence review in connection with Trento Resources and Energy Corp.’s (“Trento Resources”) interest in Inversiones Trento SpA (“Trento SpA) and the related mining concessions at the mine located in Copiapo, Chile, (the “Trento Project”).

Specifically, Bertrand-Galindo will conduct a review of the mining concessions, operations, land easements, permits, and assets related to the Trento Project. The firm will also provide relevant corporate, legal, regulatory, and tax structure guidance as needed by GTII.

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.

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

GTII UPDATES SHAREHOLDERS ON CLASSROOM SALON, LLC AND TRENTO RESOURCES AND ENERGY CORP

New York, NY, Nov. 22, 2021 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today it has extended, for thirty (30) days, the negotiation period with Classroom Salon, LLC (“Classroom Salon”) to December 30, 2021. GTII and Classroom Salon have reached an agreement in principle and anticipate execution of a definitive purchase agreement by December 30, 2021.

Additionally, regarding the Trento Resources and Energy Corp (“Trento”) project, GTII is engaged in discussions to retain an independent accounting and auditing firm, subject to the Public Corporations Accounting Oversight Board (“PCAOB”), to conduct an audit of Trento’s mining projects in Chile and Argentina. GTII will provide an update to shareholders when an accounting firm has been retained.

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.

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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.

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