Global Tech Industries Group, Inc. Announces a

0
222


New York, NY, Sept. 30, 2022 (GLOBE NEWSWIRE) — (GTII: OTCQB) Global Tech Industries Group, Inc. (“GTII” or “The Company”), www.gtii-us.com, introduced in the present day that it’s engaged on the doc(s) required to decrease the train value of the Warrants it distributed to shareholders final yr to $2.00. In the meantime, the Company has arrange an e-mail handle, whereby shareholders can contact the Company’s switch agent, Liberty Stock Transfer, Inc. (“Liberty”) with their questions concerning the mechanics, timing and impact of the choice to vary the Warrant strike value. Until all mandatory steps are taken by the Company, the train value of the Warrants shall stay unchanged. We anticipate that the brand new train value will probably be efficient on or earlier than October 7, 2022. Shortly thereafter the Company will probably be submitting an modification to its registration assertion on Form S-1 as a way to register the shares of the Company’s frequent inventory underlying the newly priced Warrants.

For extra info, please contact: [email protected]

About Global Tech Industries Group, Inc.:

GTII is a publicly traded Company integrated within the state of Nevada, specializing within the pursuit of buying new and modern applied sciences. Visit GTII right here https://gtii-us.com/.

Please observe our Company at: www.otcmarkets.com/inventory/GTII or at https://gtii-us.com/

Safe Harbor Forward-Looking Statements:
This press launch could comprise ahead wanting statements which might be based mostly on present expectations, forecasts, and assumptions that contain dangers in addition to uncertainties that might trigger precise outcomes and outcomes to vary materially from these anticipated or anticipated, together with statements associated to the quantity and timing of anticipated revenues associated to our monetary efficiency, anticipated revenue, distributions, and future development for upcoming quarterly and annual intervals. These dangers and uncertainties are additional outlined in filings and studies by the Company with the U.S. Securities and Exchange Commission (SEC). Actual outcomes and the timing of sure occasions may differ materially from these projected in or contemplated by the forward-looking statements as a consequence of a variety of components detailed now and again in our filings with the SEC. Among different issues, the Company could not be capable of maintain development or obtain profitability based mostly upon many components together with however not restricted to the chance that we won’t be able to seek out and purchase companies and property that may allow us to grow to be worthwhile. Reference is hereby made to cautionary statements set forth within the Company’s most up-to-date SEC filings. We have incurred and can proceed to incur vital bills in our improvement stage, noting that there isn’t a assurance that we’ll generate sufficient revenues to offset these prices in each the close to and long run. New strains of business could expose us to extra authorized and regulatory prices and unknown publicity(s), the impression of which can’t be predicted at the moment.

Words resembling “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or comparable expressions that convey the potential nature of occasions or outcomes usually point out forward-looking statements. You shouldn’t place undue reliance on these forward-looking statements, which converse solely as of this press launch. Unless legally required, we undertake no obligation to replace, modify or withdraw any forward-looking statements, due to new info, future occasions or in any other case.

Global Tech Industries Group, Inc.
511 Sixth Avenue, Suite 800
New York, NY 10011
[email protected]



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here