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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 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

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.

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. SIGNS STOCK PURCHASE AGREEMENT WITH TRENTO RESOURCES AND ENERGY CORP.

New York, NY, November 10, 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 entered into a stock purchase agreement (the “SPA”) with Trento Resources and Energy Corp. (“Trento Resources”), a Delaware corporation, and Sean Wintraub (“Mr. Wintraub”), its sole shareholder. Mr. Wintraub is a United Nations global initiative founder who bears Diplomatic Status and has dedicated over 20 years of his life to the development of breakthrough technologies for humanity.

Trento Resources and Energy Corp. www.inversionestrento.com, is a Delaware corporation owned by Mr. Sean Wintraub. He created the company to acquire a 40% interest in Inversiones Trento SpA (‘Trento SpA”), which is a privately-held company registered in Copiapo, Chile, whose purpose is to develop, refine, and sell rare earth minerals and iron (the “Trento Project”).

Trento SpA owns fourteen hundred hectares of mining concessions for rare earth minerals and iron in Chile. (the “Trento Land”). Operations are projected to commence in 2022, with full-scale production expected by the end of 2023.

Conclusions in the Associated Geological Consultants report, (under the NI43101 Canadian Code for Reporting Exploration Results Disclosure Standards for Mineral Projects) estimate 1,028,684.25 million tons of reserves of rare earth minerals and iron, valued at $15,430,290,000 (USD).

Per the SPA, GTII shall issue 100,000,000 shares of its common stock to Mr. Wintraub upon successful closing of a $350,000,000 (USD) bond offering, which proceeds will be used to support large-scale mining operations at the Trento Project.

David Reichman, GTII’s Chief Executive Officer, stated “Almost immediately upon assessing the Trento Project, it became obvious to me that we should pursue this potential partnership with single-minded intention and no hesitation. Notwithstanding the need for a continued clear eye by management and an informed and updated board to guide us, and the completion of the appropriate due diligence, GTII means to move swiftly to secure this unprecedented opportunity”.

Sean Wintraub, Trento Resources’ Chief Executive Officer, added, “ Let me be clear when I say that for continued future growth and success in most industries, those centered in renewable energy technologies and those not, these rare-earth mineral natural resources – lithium, rhodium, and others – are essential, absolutely vital and represent game-changing value. We are honored and excited to bring these valuable resources to the world marketplace. Further, it is the sheer magnitude of these projects that is propelling us to seek out the right partner, whose management team is seasoned, and whose corporate mission has been concerned with the furtherance of businesses and technologies whose goal of supporting a more sustainable planet aligns with those of the Trento Project team”.

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

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