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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

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. 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

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