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, 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.

Global Tech Industries Group, Inc. receives written update on Wildfire Media Corp. audit status and extends closing date to March 31, 2023

New York, NY, Jan. 10, 2023 (GLOBE NEWSWIRE) -- ( G T II : OTCQB) Global Tech Industries Group, Inc. (“ GTII ”), www.gtii-us.com, and Creatd, Inc. (CRTD: OTCQB) ("CRTD"), www.creatd.com today announced that they have executed a binding Letter of Intent (“LOI”) regarding the acquisition of Creatd by GTII for $100 million of GTII restricted shares of common stock. Final acquisition terms will be subject to due diligence, regulatory approval, and approval of the boards and shareholders of both parties. As part of the LOI, Creatd has committed to a 30- day halt to any discussions with other potential acquirers. As due diligence and negotiations continue, Creatd intends to complete the spinoff of its media subsidiary, OG Collection Inc.

Global Tech Industries Group, Inc. Bids $100 Million in Stock for Acquisition of Creatd.

New York, NY, Dec. 27, 2022 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ”), www.gtii-us.com , and Creatd, Inc. (CRTD: OTCQB) (“Creatd”), today announced that they have formally begun discussions to explore synergies, including a potential merger. Final agreements will be subject to financing, due diligence, breakup fees, and regulatory approval, as well as by the boards and shareholders of both parties. Both companies expect that their stocks will be retired and exchanged for shares in a NewCo with a new CUSIP, with the intent to eventually be listed on a national exchange. Creatd intends on completing its spinoff of its media subsidiary OG Collection Inc. GTII remains committed to its acquisition of 1-800-Law-Firm (“1-800”), pending due diligence and 1-800's audit.

Global Tech Industries Group, Inc. and Creatd, Inc. begin Formal Merger Discussions.

In October, FINRA launched an inquiry into the lowering of the strike price of the company's warrants. In November, GTII decided to list on blockchain-powered securities exchange Upstream and aims to finally distribute a digital dividend.

Global Tech Industries Group: A Lot Happening, But I'm Still Bearish

New York, NY, Dec. 09, 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 completed the application process for listing its shares on Upstream, a trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”).

Global Tech Industries Group, Inc. files Application for Listing on Blockchain-Powered Securities Exchange, Upstream

New York, NY, Dec. 06, 2022 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”), www.gtii-us.com, announced today that its board of directors approved and instructed management to negotiate and execute a service agreement with Share I ntel -Shareholder Intelligence Service s , LLC www.shareintel.com to further assist The Christian Levine Law Group, as well as Warshaw Burstein, LLP, each already retained by the Company, to review the trading history of the Company's common stock for the past two years. ShareIntel offers unprecedented access and insight into broker-dealer, clearing firm and shareholder position movement. ShareIntel utilizes a patented process called  DRIL-Down ™  to aggregate and analyze repository data from reporting entities, broker-dealers and shareholders enabling Global Tech Industries to proactively track shareholder ownership, identify parties to suspicious, aberrant or unusual trading activity and deploy corrective action steps to help curtail such activity. The Christian Levine Law Group, LLC has been pursuing investment banking and brokerage firms on Wall Street for over 20 years for illegal naked short selling, which is a sophisticated form of stock manipulation. The Company believes it may have been the target of a market manipulation scheme involving illegal naked short selling of its common stock over the last two years and has decided to investigate and expose any wrongdoing.

Global Tech Industries Group, Inc. retains ShareIntel-Shareholder Intelligence Services, LLC to assist Christian Levine Law Group in its investigation of possible naked short selling.

A surprising move today in a small-cap stock is the subject of significant interest for many retail investors. The surge in Global Tech Industries (OTCMKTS: GTII ) has encapsulated the interest of many investors, with GTII stock now up approximately 65% at the time of writing.

GTII Stock Doubles as Global Tech Takes on Short Sellers

New York, NY, Nov. 30, 2022 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that its board of directors approved and instructed management to negotiate and execute a service agreement with The Christian Levine Law Group, as well as Warshaw Burstein, LLP, to review the trading history of the Company's common stock for the past two years. The Company believes it may have been the target of a market manipulation scheme involving naked short selling of its common stock. According to various publicly disclosed sources, these two firms, during the past 22 years, have successfully prosecuted and collected millions of dollars in aggregate damages on behalf of their clients from broker-dealers, market-makers, hedge funds, and asset-based lenders who have engaged in such market manipulation schemes.

Global Tech Industries Group, Inc. retains Christian Levine Law Group to investigate possible naked short selling.

New York, NY, Nov. 23, 2022 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”), www.gtii-us.com, announced today that, as of November 23, 2022, 1,189,011 Warrants have been exercised, providing $3,269,780.25 of funding to the Company. Management is also in the process of completing a post-effective amendment to the registration statement of Form S-1/A in order to update the financial statements, and other information.

Global Tech Industries Group, Inc. Updates Shareholders on Exercised Warrants Progress

New York, NY, Nov. 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 begun the application process to list its shares on Upstream, a trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”).

Global Tech Industries Group, Inc. announces Application for Listing on Blockchain-Powered Securities Exchange, Upstream

New York, NY, Nov. 13, 2022 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that on November 12, 2022, at a special board of directors meeting, the directors of the Company authorized management to pursue a business relationship with Upstream, a global dual listing platform, up to and including the execution of a technology service agreement, a sponsor advisor agreement, as well as any other required documentation in furtherance of this goal, and report back to the board with a final recommendation.

Global Tech Industries Group, Inc. Announces First Steps in Pursuing Dual Listing on the Upstream Platform

New York, NY, Oct. 30, 2022 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that it received an inquiry from FINRA regarding the chronology of events leading up to its recent announcement, on September 27, 2022, to lower the strike price for its outstanding Warrants, distributed last year. GTII decided against lowering the price three days later after it became apparent that its perceived value to its shareholders was incorrect and that the new strike price, which could restrict new shares for another six months, might be punitive to them. GTII received notice of the inquiry from FINRA, via an email to the Chairman, Mr. David Reichman, on October 20, 2022. The Company worked diligently to answer the inquiry in a timely manner and was able to complete the upload of information on Friday, October 28, 2022.

Global Tech Industries Group, Inc. Announces FINRA Inquiry in Progress and Provides Status of 1-800-Law-Firm Acquisition

New York, NY, Oct. 18, 2022 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that it has received notice from Wildfire Media Corp (“Wildfire”) that it has retained the services of a PCAOB approved auditor to undertake the requisite two year audit, as stated in the agreement the companies signed on September 14, 2022. The audit will include Wildfire's consolidated balance sheet and statements of operations, shareholders' equity, and cash flows as of and for the fiscal years ended December 31, 2020 and 2021, and its unaudited and reviewed consolidated balance sheet and statements of operations, shareholders' equity, and cash flows as of and for the three month periods ended March 31, 2022 and June 30, 2022, as well as any additional stub periods as may be required for the Company's SEC and financial reporting requirements. GTII expects that, once underway, progress reports of the audit will be forthcoming from Wildfire.

Global Tech Industries Group, Inc. receives notice of auditor engagement by Wildfire Media Corp.

New York, NY, Oct. 14, 2022 (GLOBE NEWSWIRE) -- (GTII: OTCQB) Global Tech Industries Group, Inc. (“GTII” or the “Company”), www.gtii-us.com, announced today that it has updated the corporate website so that the process of exercising shareholder Warrants is more simply explained.

Global Tech Industries Group, Inc. Updates its Website

New York, NY, Oct. 06, 2022 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com , announced today that, in response to inquiries from the OTCMarkets, it will summarize its understanding of recent activity in its stock over the past several weeks, as follows:

Global Tech Industries Group, Inc. Updates its Shareholders on Recent Market Activity

New York, NY, Oct. 02, 2022 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”), www.gtii-us.com, announced today that management, after further market study and input from its legal team, has decided that it is in the best interest of the shareholders of the Company to keep the original exercise price of the warrants it distributed last year (the “Warrants”). Such decision was made because the common stock underlying the Warrants were registered with the Securities and Exchange Commission (the “SEC”) in a registration statement on Form S-1 (the “S-1”) that was declared effective on August 26, 2021 with an exercise price of $2.75. A change to that exercise price would require an amendment to the S-1, which could cause the shares common stock issued pursuant to a new exercise price to not be registered at the time of issuance. As the warrant distribution was originally instituted to reward loyal shareholders and allow them to trade the registered shares of common stock underlying the Warrants, the change to the exercise price has been abandoned, and the Warrants will remain priced as registered for resale by the named selling shareholders in the S-1. Therefore, such shareholders are eligible to exercise their Warrants at the initial exercise price, and receive shares of common stock registered for resale in the S-1 by contacting Liberty Stock Transfer, Inc. (“Liberty”), the company's transfer agent.

Global Tech Industries Group, Inc. Announces a Change from the Board Decision Regarding the Strike Price for the Outstanding Warrants

New York, NY, Sept. 30, 2022 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”), www.gtii-us.com, announced today that it is working on the document(s) required to lower the exercise price of the Warrants it distributed to shareholders last year to $2.00. In the meantime, the Company has set up an email address, whereby shareholders can contact the Company's transfer agent, Liberty Stock Transfer, Inc. (“Liberty”) with their questions regarding the mechanics, timing and effect of the decision to change the Warrant strike price. Until all necessary steps are taken by the Company, the exercise price of the Warrants shall remain unchanged. We anticipate that the new exercise price will be effective on or before October 7, 2022. Shortly thereafter the Company will be filing an amendment to its registration statement on Form S-1 in order to register the shares of the Company's common stock underlying the newly priced Warrants.

Global Tech Industries Group, Inc. Announces a Clarification of the Board Decision to set a New Strike Price for the Outstanding Warrants

New York, NY, Sept. 27, 2022 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”),  www.gtii-us.com  announced today that its board of directors approved management's request to lower the original strike price of the Warrants, which were distributed last year (the “Warrant Distribution”), to a new strike price of $2.00. While the original strike price of $2.75 appears to be within reach, the Company is desirous of rewarding its loyal shareholders with an opportunity to participate at a lower price. The process to change the strike price, and to register the underlying stock with such new strike price, will be underway shortly.

Global Tech Industries Group, Inc. Announces a Board Decision to set a New Strike Price for the outstanding Warrants

New York, NY, Sept. 14, 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 Share Exchange Agreement with Wildfire Media Corp. (“Wildfire Media”) and the shareholders of Wildfire Media Corp. (collectively, the “Wildfire Shareholders”). Wildfire Media is 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.

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