Global Tech Industries Group, Inc.

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Global Tech Industries Group, Inc. engages in the acquisition of companies. Its subsidiaries and affiliates operate in the following sectors: intellectual properties, proprietary systems, trade secrets in the bioscience, green-tech and global health technologies, and other new and emerging businesses. The company was founded on July 24, 1980 and is headquartered in New York, NY.

New York, NY, May 13, 2024 (GLOBE NEWSWIRE) -- ( GTII : OTC) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced, in an 8K https://www.sec.gov/edgar/browse/?CIK=356590&owner=exclude filed on Friday, May 10, 2024, the appointment of a new auditor, Fortune CPA, Inc., (“Fortune”) Fortune is based in Orange, CA, and is a registered PCAOB firm. As part of its commitment to transparency and accountability, GTII has chosen an auditing team that has worked successfully with large and small companies across many different industries. This will ensure the highest standard of financial oversight and compliance.

Global Tech Industries Group, Inc. retains Fortune CPA, Inc. a PCAOB Auditor, and Asserts Rights Regarding Previous Auditor

New York, NY, April 09, 2024 (GLOBE NEWSWIRE) -- ( GTII : OTC) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that its board of directors, at a board meeting held on April 7, 2024, approved and authorized management to create the new executive position of Chief Operating Officer, and to welcome Mr. Luke Rahbari to join the Company in that position as of May 1, 2024. As previously stated in a press release and on the corporate website, the Company retained Mr. Rahbari's services last December to assist management with re-focusing its short-term goals, including a retirement/succession plan for its senior management. Mr. Rahbari has made management aware of several deficiencies in its current structure and day-to-day operations, and management has been quick to respond and move forward to address the situation by offering him the new position. Mr. Rahbari will continue the work he began in December, assessing the quality of a number of pending deals for the Company, assisting in its continued mission to remain compliant in all its filings and obligations, as well as facilitating introductions to the Capital markets, trading and listing initiatives.

Global Tech Industries Group, Inc. welcomes Mr. Luke Rahbari as the Company's new Chief Operating Officer

New York, NY, Feb. 26, 2024 (GLOBE NEWSWIRE) -- ( GTII : OTC) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today, as part of its objective to support its shareholders, that it has communicated with eight major brokerage firms through a registered letter in order to ensure that the stock dividend issued on April 29, 2023 is appropriately deposited into shareholders' respective accounts. Furthermore, GTII wishes to inform shareholders that if they wish to deposit their shares in advance, they should complete a Stockholder's Representation Letter ,, which outlines the procedures to deposit their shares in advance. In any event, GTII believes that all shareholders should have their shares deposited on or around April 29, 2024, which marks the one year date from the date of issuance of the stock dividend. Liberty Stock Transfer Co., (“Liberty”), GTII's transfer agent is also sending out a general information letter to the brokers that offers further clarification and assistance in responding to the receipt of any Stockholder's Representation Letter, on the basis of a blanket legal opinion concerning the stock dividend held by Liberty.

Global Tech Industries Group, Inc. has communicated with brokerage firms regarding the stock dividend issued in April 2023

New York, NY, Dec. 18, 2023 (GLOBE NEWSWIRE) -- ( GTII : OTC) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that its board of directors has approved and authorized management to retain the services of Mr. Luke Rahbari, a managing member of Equity Armor Investments, LLC, to assist the Company's board of directors in 2024 with re-focusing its short and long term goals, including a succession plan for its senior management. Mr. Rahbari will also assist management in assessing the status of several of its closed and still pending deals, for compliance and due diligence purposes. Mr. Rahbari will also assist GTII in its capital markets, trading and listing initiatives.

Global Tech Industries Group, Inc. retains the services of Mr. Luke Rahbari as a management consultant

New York, NY, Oct. 26, 2023 (GLOBE NEWSWIRE) -- ( GTII : OTC) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that its general counsel has composed a blanket Rule 144 legal opinion and has submitted it to Liberty Stock Transfer, Inc. (“Liberty”), the Company's transfer agent. All shareholders as of April 29, 2023, who received the 10% stock dividend from the Company can now have their resale restrictions removed as of October 29, 2023.

Global Tech Industries Group, Inc.'s counsel to issue general restriction release for its dividend receiving shareholders.

New York, NY, Oct. 11, 2023 (GLOBE NEWSWIRE) -- ( GTII : OTC) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that it is working with counsel to ascertain the possibility of composing a general legal opinion to be submitted to Liberty Stock Transfer, Inc. (“Liberty”), the Company's transfer agent, so that all shareholders as of April 29, 2023 who received the 10% stock dividend from the Company can have their resale restrictions removed as of October 29, 2023.

Global Tech Industries Group, Inc. explores general restriction release for its dividend receiving shareholders

New York, NY, Aug. 21, 2023 (GLOBE NEWSWIRE) -- ( GTII : OTC) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that it has signed a Membership Interest Purchase Agreement (“MIPA”) with AI Commerce Holdings, LLC., (“AI Holdings”) to acquire all the membership interest, including the assets and operations of MIPA, from the members of AI Commerce Group, LLC, (“AI Group”), a privately held Puerto Rico company in the business of acquiring and operating ecommerce websites and brands to make them more efficient. The new company would become part of GTII through the incorporation of a new, wholly owned subsidiary.

(Corrected) Global Tech Industries Group, Inc. acquires AI Commerce Group, LLC., through a binding Membership Interest Purchase Agreement

New York, NY, Aug. 21, 2023 (GLOBE NEWSWIRE) -- ( GT I I : OTCQB) Global Tech Industries Group, Inc. (“ GT I I ” or “The Company”),  www . gtii-us.com , announced today that it has signed a Membership Interest Purchase Agreement (“MIPA”) with AI Commerce Holdings, LLC., (“AI Holdings”) to acquire all the membership interest, including the assets and operations of MIPA, from the members of AI Commerce Group, LLC, (“AI Group”), a privately held Puerto Rico company in the business of acquiring and operating ecommerce websites and brands to make them more efficient. The new company would become part of GTII through the incorporation of a new, wholly owned subsidiary.

Global Tech Industries Group, Inc. acquires AI Commerce Group, LLC., through a binding Membership Interest Purchase Agreement

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New York, NY, June 27, 2023 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that it has signed a non-binding Letter of Intent (“LOI”) with Boca Del Toro LLC., (“BOCA”) a privately-held Costa Rican company that owns a scalable commercial grade mineral based Aquifer located in a large recognized Blue Zone, which is both an anthropological term and recognized geographical area (there are five recognized Blue Zones worldwide) whereby people live longer than average, experiencing healthier lives overall. The water source is situated on five (5) acres of land owned by BOCA, which also owns the concessions rights. BOCA purchased the property in 2007 and was issued a water concession and extraction license in 2014.

Global Tech Industries Group, Inc. signs a Letter of Intent with BOCA Del Toro, LLC., a Costa Rican Water Company

New York, NY, June 13, 2023 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that it has signed a non-binding and preliminary Memorandum of Understanding (“MOU”) with AI Commerce Holdings, LLC, (“AI Holdings”) a private company based in San Juan, Puerto Rico, to commence the mutual due diligence process with the objective of negotiating a definitive agreement for the purchase of AI Commerce Group, LLC (“AI Group”) by GTII. AI Group is in the business of acquiring online brands and businesses that need additional resources and knowledge to get to the next level of sales and revenue. AI Group uses technology and artificial intelligence to improve efficiencies at all stages of the direct-to-retail business. It provides brands and businesses with the technical help and expertise they need to reach their full potential. By collaborating with entrepreneurs to bring to market products that not only serve consumers but also contribute to the betterment of society, AI Group uses the scale of its operations to negotiate superior deals with suppliers, thus providing cost savings it can pass on to consumers. The AI Group team is comprised of seasoned veterans in e-commerce, sourcing, logistics, digital marketing, and banking.

Global Tech Industries Group, Inc. (GTII) and AI Commerce Holdings, LLC execute a preliminary Memorandum of Understanding in connection with the possible acquisition of AI Commerce Group, LLC by GTII

New York, NY, May 09, 2023 (GLOBE NEWSWIRE) -- ( GTII : PINK) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced that it has successfully distributed its one-for-ten stock dividend to its shareholders. Issuances were made directly into the accounts of those shareholders who have been holding their shares at Liberty Stock Transfer, Inc., (“Liberty”) the Company's transfer agent. The remainder of the issuances, for shareholders who hold their shares with brokers or at brokerage houses, were distributed by Liberty directly into the DTCC, which then transferred the shares to the individual brokerage firms that hold GTII stock. Those shareholders should contact their brokers directly to receive the stock dividend into their accounts.

Global Tech Industries Group, Inc. has successfully distributed its stock dividend

New York, NY, April 28, 2023 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that it has officially begun the process of issuing shares of its Common stock to all shareholders who held shares as of April 15, 2023. Any shareholder who held GTII shares, either at Liberty Stock Transfer, Inc. (“Liberty”) the Company's transfer agent, or in street name at a broker/dealer or brokerage firm, will be issued one share of restricted common stock for every ten shares then held. Liberty will issue shares to shareholders, which will automatically be added to shareholder totals on the shareholder list. Shares will also be issued to DTC, and shareholders who hold shares in brokers/dealers or brokerage firms should contact them directly to make sure their shares are added into their personal accounts.

Global Tech Industries Group, Inc. to reward GTII shareholders with one common stock dividend for every 10 shares held.

New York, NY, March 31, 2023 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that it has signed a third extension agreement with Wildfire Media Corp, (“Wildfire”), extending the original agreement to May 15, 2023, in order to allow Wildfire more time to complete the two-year PCAOB audit undertaken by UHY, LLP, an auditing firm based in Sterling Heights, MI. The two-year audit is a requirement in order to complete and close the acquisition of Wildfire and the 1-800-LAWFIRM brand by GTII.

Global Tech Industries Group, Inc. extends closing date with Wildfire Media Corp and the 1-800-LAW-FIRM brand to May 15, 2023

New York, NY, March 29, 2023 (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 been in further contact with FINRA regarding its corporate action request to issue a dividend to its shareholders, in the form of one restricted share for every ten shares held, as of the record date of April 15, 2023. Since its board of directors initially approved and authorized management to submit the corporate action request on March 9, 2023, FINRA has asked for additional information and clarification regarding the dividend request, which the company promptly supplied.

Global Tech Industries Group, Inc. updates shareholders on contact with FINRA regarding dividend request, has no plans for any other corporate action

New York, NY, March 22, 2023 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that the lawsuit previously filed by the Company in the United States District Court in the Southern District of New York has officially been served on all Defendants, including Canaccord Genuity LLC, Credit Suisse Securities, (USA) LLC, Instinet LLC, Lime Trading Corporation and GTS Securities, LLC. The Company looks forward to its day in court.

Global Tech Industries Group, Inc. gets confirmation its Complaint has been served on all Defendants

New York, NY, March 20, 2023 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that on March 17, 2023 it submitted its corporate action request to FINRA to issue a 1 for 10 stock dividend its shareholders, and that it set, after previously being approved by the board of directors, a Record Date for the event of April 15, 2023.

Global Tech Industries Group, Inc. submits corporate action request to FINRA for stock dividend, additionally sets Record Date of April 15, 2023

New York, NY, March 14, 2023 (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 filed a lawsuit against Canaccord Genuity LLC, Credit Suisse Securities, (USA) LLC, Instinet LLC, Lime Trading Corporation and GTS, LLC in the United States District Court in the Southern District of New York. The complaint alleges various causes of action related to the spoofing of GTII's shares, which resulted in a significant number of shares being sold at artificially depressed prices attributable to this illegal behavior.The Company is represented in the action by the Christian Levine Law Group and Warshaw Burstein, LLP, both of which have extensive expertise in stock fraud litigation.

CORRECTION: Global Tech Industries Group, Inc. Files Lawsuit Against Canaccord Genuity, LLC and others in Connection with Trading Activities in the Company's Shares

New York, NY, March 13, 2023 (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 filed a lawsuit against Canaccord Genuity LLC, Credit Suisse Securities, (USA) LLC, Instinet LLC, Lime Trading Corporation and GTS, LLC in the United States District Court in the Southern District of New York. The complaint alleges various causes of action related to the spoofing of GTII's shares, which resulted in a significant number of shares being sold at artificially depressed prices attributable to this illegal behavior.The Company is represented in the action by the Christian Levine Law Group and Warshaw Burstein, LLP, both of which have extensive expertise in stock fraud litigation.

Global Tech Industries Group, Inc. Files Lawsuit Against Alpine Securities Corporation in Connection with Trading Activities in the Company's Shares

New York, NY, March 10, 2023 (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 authorized and approved management to take all steps necessary to issue a dividend to its shareholders in the form of restricted shares, at a ratio of 1 share for every 10 shares owned as of a to-be-decided record date. The dividend offering is subject to FINRA's guidelines regarding such actions, including the filing of a corporate action request by the Company, which will then be subject to FINRA's final approval. The Company will keep its shareholders informed as to its progress throughout the process.

Global Tech Industries Group, Inc. plans to offer restricted share dividend to its shareholders

New York, NY, Feb. 21, 2023 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that Wildfire Media Corp has informed the Company that its two-year PCAOB audit should be completed within the next two weeks and that it intends to undertake the requisite 2022 audit shortly thereafter. The Companies have agreed to target a final close to the acquisition of on or about April 1, 2023.

Global Tech Industries Group, Inc. and Wildfire Media Corp's PCAOB audit teams meet with Management to Discuss Audit Report

New York, NY, Feb. 06, 2023 (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 authorized management to move forward with appropriate legal action in connection with what it believes to be illegal trading activity in the Company's shares.

Global Tech Industries Group, Inc. to Pursue Legal Action in Connection with Trading Activities in Company's Shares

Creatd Inc

NEW YORK , Jan. 30, 2023 /PRNewswire/ -- Creatd, Inc. (OTCQB: CRTD) ("Creatd" or the "Company"), a creator-first technology company, today announced that it has extended the no-shop period under its Letter of Intent with Global Tech Industries Group, Inc. ("GTII") for its proposed acquisition. While there can be no assurance that a transaction will be consummated, both companies continue to work through the due diligence process, and Creatd is analyzing a potential collar structure for the transaction, such that it can create a value of $3.00 to $5.00 per share for Creatd's shareholders.

Creatd Extends No-Shop Period with GTII Until March 7, 2023

New York, NY, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that at a special meeting of its board of directors (the “Board”) held this weekend, the Board appointed Donald Gilbert (who has been a member of GTII's Board for 20 years) to lead a newly created task force that will investigate illegal trading in GTII's shares (the “Task Force”).

Global Tech Industries Group, Inc. Appoints Director Donald Gilbert to Lead Illegal Trading Task Force

New York, NY, Jan. 13, 2023 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that it has received a letter update from UHY, LLP, a PCAOB auditing firm, based in Sterling Heights, MI, advising the Company that it is on track to complete the audit of Wildfire Media Corp's (“Wildfire”) 2020 and 2021 year-end financials and issue a written report before the end of January, 2023. The PCAOB two-year audit is a due diligence condition in order to close the acquisition of Wildfire and the 1-800-LAW-FIRM brand. As part of the process and to keep the agreement current, the Company signed an extension with Wildfire to March 31, 2023.

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