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Global Tech Industries Group, Inc. gives further instructions to shareholders regarding its digital dividend.

New York, NY, May 27, 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 further instructions for its shareholders, as of the record date of May 9, 2022, who want to accept ownership of their digital dividends in the form of Shibu Inu tokens.

Once Liberty Stock Transfer, Inc., the company’s transfer agent, has compiled the complete list of shareholders requesting their digital tokens, it will send the list to www.beyondblockchain.us. If the shareholder has an account there, the tokens will automatically be deposited into their digital wallet. If the shareholder does not have an account there, they can go on the www.beyondblockchain.us. website and open an account and the tokens will be deposited into their new accounts. If a shareholder has a digital wallet on another digital platform, such as Coinbase, or wishes to open an account on another digital platform to receive their tokens, they should go to thewww.beyondblockchain.us. website where they will receive instructions on how to transfer the tokens to the digital platform of their choice, as long as the platform trades in ERC20 tokens.

GTII continues to urge its shareholders to go to the company’s website, www.gtii-us.com, access the token request form, and send it into the company’s transfer agent, Liberty Stock Transfer, Inc. at inbox@libertystocktransfer.com.

Shareholders will not be eligible to receive their tokens until they fill in and send a request form.

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. Announces Term Sheet with Wildfire Media Corp.

New York, NY, May 26, 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 term sheet with Wildfire Media Corp., owner of the 1-800-LAW-FIRM brand (“Wildfire Media”), which outlines certain additional terms of the proposed acquisition of Wildfire Media by GTII.

Pursuant to the term sheet, the parties are anticipating a purchase price of $100-$120 million for a 100% interest in Wildfire Media, which would be paid in restricted shares of GTII common stock once a third-party valuation has been obtained. Wildfire Media will pay for and provide an audit of its books for the periods ended December 31, 2020, December 31, 2021, and all applicable stub periods, which complies with PCAOB requirements and is acceptable to GTII as a closing condition.

Definitive agreements are expected following GTII’s review of Wildfire Media’s updated and audited financial statements for the applicable periods and completed its due diligence.

David Reichman, Chairman and CEO of GTII stated, “When we started our discussions with Wildfire Media and 1-800-LAW-FIRM back in early March, we saw an opportunity to partner with an organization in the business of further expanding access to individuals, small businesses and other going concerns in need of legal advice and support; fast forward to today and I can see that 1-800-LAW-firm is developing a keen understanding of what it takes to partner with a public entity such as GTII, who can provide them the expertise, experience and public access that should support their continued growth and expansion.”

Ari Kresch, Chief Executive Officer and Founder of Wildfire Media/1-800-LAW-FIRM stated, “We have made progress this year in multiple areas, including the due diligence process with GTII, and we remain confident in the long-term opportunities and growth that we believe our Legal Service Organization model will unlock. Our group continues to expand our range of services offered to our client law firms across the country. We provide a range of services to our client firms.”

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. Updates Crypto Special Dividend Procedure

New York, NY, May 9, 2022 (GLOBE NEWSWIRE) – Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced to its shareholders that in order to claim their Shibu Inu digital tokens dividend (“the dividend”) they should submit a request form, which they can find on the Company’s website by clicking on the Investor’s tab and which will also be mailed to them. Once completed, shareholders should email the form to Liberty Stock Transfer, Inc., at inbox@libertystocktransfer.com. The Company may request specific confirmation of the shareholder’s eligibility by requesting they submit an official brokerage statement for further verification.

The Company will then release further information to its shareholders on how to receive their Shibu Inu dividend in their beyondblockchain digital wallets. To open a digital wallet on trade.beyondblockchain.us, shareholders should go to the website, click on the ‘Register Now’ tab and follow the instructions on the site. The Shibu Inu token is accepted at most digital trading sites.

Shareholders can email inbox@libertystocktransfer.com with any questions regarding the process for receiving their dividend.

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. Updates Shareholders on Highlights of Last Twelve Months’ Activities.

Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, is pleased to announce a recitation, for its shareholders, of the Company’s key activities over the last year, as follows:

On January 7, 2022, the Company filed a Form 8-K, with audited financials, upon the closing of the transactions governed by the stock purchase agreement with Bronx Family Eye Care, Inc., Bronx Family Eye Care, Inc. operates four brick-and-mortar 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.

On December 18, 2021, the Company executed a Member Unit Purchase Agreement to acquire 100% of Classroom Salon Holdings, LLC, from Classroom Salon, LLC, which closed on December 30, 2021. Classroom Salon, LLC is a software platform, developed in partnership with Carnegie Mellon University, that utilizes interfaces, workflows and algorithms to observe and understand students’ reactions as they study materials. The analyzed results provide educators a useful tool in understanding students’ areas of interests and needs.

On December 9, 2021, the Company filed an S-1 Registration Statement seeking to register cryptocurrency tokens, which are pegged to the value of GTII’s fine art collection, to be distributed as a dividend to its shareholders at a rate of one (1) token for every ten (10) shares of GTII common stock owned as of a yet-to-be-determined record date. The S-1 is currently being reviewed by the SEC. The date of the proposed distribution will determined as soon as practicable when and if the Registration Statement is declared effective.

On November 9, 2021, the Company executed a definitive stock purchase agreement with Trento Resources and Energy Corp., to engage in a business combination. Trento Resources and Energy Corp. owns 40% of the mining interests of a Copiapo, Chile mine with estimated reserves of over 1,000,000 tons of rare earth minerals and iron. On December 9, 2021, GTII engaged the Chilean law firm of Bertrand-Galindo Barrueto Barroilhet & Cia to complete a due diligence review of the mining concessions, operations, land easements, permits, and assets, as well as advise GTII on applicable local laws and regulatory structures.

On June 17, 2021, the Company announced the successful launch of its cryptocurrency trading platform, beyondblockchain.us. The related mobile application launched on August 18, 2021 on the Apple App Store. Work continues on an ongoing basis to further refine and update the features of the site.

On April 23, 2021, the Company announced that, with the assistance and under the direction of Ronald Cavalier, the Company’s consultant of its planned digital fine art portfolio, GTII purchased an original Picasso etching, ‘Quatre femmes nues et tete sculptee’, which was executed in 1934 on Montval laid paper and published by A. Vollard, Paris in 1939. Subsequently, on June 4, 2021, the Company announced it had acquired an Andy Warhol gelatin silver print of Bianca Jagger on a white horse, taken by Warhol at the famed Studio 54.

On April 8, 2021, the company distributed a dividend in the form of a warrant to its shareholders. The common stock underlying the warrants was subsequently successfully registered with the SEC. The warrants are exercisable until April, 2023, and were issued at a rate of one (1) warrant for each ten (10) shares beneficially owned as of April 1, 2021.

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 SUBMITS PROSPECTUS SEEKING TO REGISTER 26,000,000 CRYPTOCURRENCY TOKENS FOR DIVIDEND DISTRIBUTION OF FINE ART HOLDINGS

New York, NY, Dec. 08, 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 submitted, to the Securities and Exchange Commission (the “SEC”), a FORM S-1 registration statement which, if approved, would allow the Company to distribute up to 26,000,000 newly minted and registered cryptocurrency tokens as a dividend to GTII shareholders.

Pending SEC approval, the Company would mint 1,000,000,000 cryptocurrency tokens (the “GFT Token”) on the Solana blockchain using the Solana Simple Ledger Protocol (“SLP”) token specification. The GFT Token will then be distributed as a dividend to its shareholders at a rate of one (1) GFT Token for every ten (10) shares of GTII common stock beneficially held as of a yet-to-be-determined record date.

The GFT Token, whose value would be pegged to the value of GTII’s fine art collection, will be distributed from GTII’s digital wallet directly to the digital wallets of eligible shareholders. The Company will retain all balance of the undistributed GTII Token in its digital wallet for future use.

GTII’s Chief Executive Officer, David Reichman, stated “This project has been in development for the last several months, but unlike other endeavors that have demanded our attention within the framework of a quick turnaround, this one has required a different, more laser-like kind of focus and attention. I am proud of the grit and tenacity exhibited by our technical team, as well as management and our other service providers who have brought this effort to this point. The learning curve was very steep, to say the least, and the job done by the entire team is something I’m very proud of. “

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

GLOBAL TECH INDUSTRIES GROUP, INC. ANNOUNCES PLANS TO SPIN-OFF HEALTH SERVICES SUBSIDIARY

New York, NY, Sept. 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 its Board of Directors has approved the evaluation of a full spin-off of its health services subsidiary, Global Tech Health, Inc.

Bronx Family Eyecare, Inc., which is engaged in the business of full-scope optometry with 4 retail locations and a fabrication facility in New York City, My RetinaDocs LLC, which is the developer and operator of a HIPAA-compliant telemedicine software as a service (SaaS) company enabling on-site and off-site testing in optometric and ophthalmic examinations , and Eyecare and Eyewear Inc., which is a mobile testing solution company geared towards diagnosing diseases of the eye will become subsidiaries of Global Tech Health upon consummation of their acquisition agreements with GTII and prior to the spin-off.

The intended spin-off dividend would be made to GTII shareholders on a pro-rata basis, as of a to-be-determined record date, with each shareholder receiving one share of Global Tech Health for each share of GTII held, as of the record date. The Company also intends to cause Global Tech Health to register its shares with the SEC.

David Reichman, CEO of GTII, commented, “As we continue to evaluate the Company’s various transactions, we believe the Company would operate more efficiently if Global Tech Health pursues a separate and industry-specific strategy that will allow it to focus its resources wholly on its market sector, establish its own distinct investment identity, and align its risk-profile to its specific operations. We believe spinning-off Global Tech Health accomplishes these goals and offers our shareholders an opportunity to participate in any increased value in Global Tech Health that may result from doing so.” Reichman added “Management will continue to evaluate the various business sectors in which the Company is engaged, including emerging internet technologies held and developed by Ludicrous, Inc., as well as waste disposal technology held in BioEnergy Applied Technologies, Inc. We believe they may best be monetized by spinning them out privately to our 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.

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

GLOBAL TECH INDUSTRIES GROUP, INC.’S REGISTRATION STATEMENT ON FORM S-1 DEEMED EFFECTIVE BY THE SEC, IMPROVEMENTS ARE MADE ON BEYONDBLOCKCHAIN.US APP, AND THE BOARD DETERMINES TO FURTHER REDUCE DEBT

New York, Aug. 27, 2021 (GLOBE NEWSWIRE) — (GTII: OTCQB) Global Tech Industries Group, Inc. (“GTII” or “the Company”), www.gtii-us.com, a Nevada Corporation, announced today that it has been informed by the SEC that its registration statement on Form S-1, registering the shares of common stock underlying the Company’s recently distributed warrants, has been declared effective. Therefore, all shares underlying such warrants are registered for resale following exercise.

Furthermore, the Company’s trading platform, BeyondBlockchain.us, added several crypto currencies to its roster of currencies that are available for its users to trade, which are also featured on the newly-released mobile app.

Finally, the Company’s board of directors has authorized management to continue its efforts at retiring long-term debt, which has already been reduced by more than three million dollars since 2020. Shareholders can reference current public filings by the company for more information.

GTII’s Chief Executive Officer, Mr. David Reichman, stated “First, we are excited to inform our shareholders who received warrants that the SEC has declared our registration statement, related to the shares of common stock underlying the warrants, effective. In addition, the Company is continuing its commitment to retire as much long-term debt as it possibly can. The Board’s decision continues that trend. And our progress made on the BeyondBlockchain.us platform and the associated mobile app, continues to exceed all expectations.”

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.

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., We Supergreen Energy Corp. and the We SuperGreen Energy Corp Shareholders, Enter into Definitive Letter Agreement

New York, Aug. 24, 2021 (GLOBE NEWSWIRE) — (GTII: OTCQB) Global Tech Industries Group, Inc. (“GTII” or “the Company”), www.gtii-us.com, a Nevada Corporation, announced today that it has entered into a definitive letter agreement (the “Letter Agreement”) with We SuperGreen Energy Corp., (“WSGE”) and the shareholders of WSGE (the “WSGE Shareholders”).

Under the terms of the Letter Agreement, GTII will acquire 100% of the issued and outstanding capital stock of WSGE from the WSGE Shareholders, which will result in WSGE becoming a wholly-owned subsidiary of GTII at the closing of the transaction, which the parties anticipate will occur on or before December 30th, 2021 (the “Closing”). The Closing is subject to customary and specific terms and conditions contained in the Letter Agreement.

At or by the Closing, GTII shall endeavor to file for an up-listing, with a symbol change, to a national exchange such as the NASDAQ or NYSE. Consistent with GTII practices, the completion of a two-year audit of WSGE shall be a condition precedent to Closing.

GTII’s Chief Executive Officer, Mr. David Reichman, stated, “We are very much looking forward to concluding our transaction with We SuperGreen. We SuperGreen’s technology has potentially transformative implications in the renewable energy space, and we are happy to participate in this unprecedented opportunity. We truly look forward to working with We SuperGreen’s revolutionary technology in an effort to bring it to various parts of the world, including expanding relationships with the United Nations and others.”

Calvin Cao, Founder, Chairman, and CEO of We SuperGreen added, “We are bringing our disruptive renewable energy technology to countries throughout the world, and we are very much looking forward to concluding our business combination with GTII, as it will help us accelerate our growth plans and enable our shareholders to benefit from that growth.”

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.

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. ENTERS FINAL PHASE OF APPROVAL FOR NEW (iOS) APP: BEYOND BLOCKCHAIN: BUY CRYPTO

New York, NY, Aug. 11, 2021 (GLOBE NEWSWIRE) — (GTII:OTCQB) Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that the Apple approved build of its new iOS App, Beyond Blockchain: Buy Crypto, was recently submitted to the Apple App Store. Apple has since informed the Company that the Beyond Blockchain App, which is the mobile version of the BeyondBlockchain.us website, is in the ‘final review phase’. Once this review has been successfully completed, GTII will work with Apple to make the App available for download directly from the Apple App Store.

David Reichman, CEO of GTII, commented “We are moving very quickly to try to secure the final approval from Apple to get our App out to the public, so that our shareholders, and any other visitors to our Beyondblockchain.us website can take advantage of the opportunities there to buy, sell and trade cryptocurrencies.”

On another subject, the Company also announced that since it signed a binding Letter of Intent with We Supergreen Corp, (“WGSE”), the two companies have entered the due diligence and negotiation phase of the process.

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

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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