GLOBAL TECH INDUSTRIES - GTII STOCK NEWS

Global Tech Industries Group (GTII) announced plans to create a digital platform for acquiring and tokenizing fine art and collectibles, aiming to provide Tokenized value dividends to shareholders. The centerpiece of this initiative is the recent acquisition of a Pablo Picasso etching, demonstrating GTII's commitment to this innovative venture. Partnering with Alt5 Sigma, the company is set to develop digital wallets for shareholders, enabling secure transactions in digital assets. GTII is currently consulting with SEC counsel to ensure compliance with regulations.

Global Tech Industries Group (GTII) clarified that shareholders holding warrants in retirement accounts do not need to take distributions to register or exercise these warrants. Warrants can be registered under the custodian's name without triggering a distribution. Shareholders are advised to coordinate with their banks or brokers for these processes. The company emphasizes that this release does not constitute tax advice, and shareholders should consult their financial advisors for specific tax implications.

Global Tech Industries Group, Inc. (GTII) has successfully completed the distribution of warrants to shareholders. All warrants are now available in shareholders' accounts. Shareholders with common stock held in "street name" as of April 1, 2021, can register these warrants at no cost via Liberty Stock Transfer, Inc. The company has provided a helpful form on its website to facilitate this process. Inquiries regarding the warrant distribution can be directed to Liberty Stock Transfer or Alliance Advisors, GTII's information services company.

Global Tech Industries Group, Inc. (GTII) announced an update on warrant distribution on April 15, 2021. Shareholders can transfer their warrants from brokerage accounts to direct registration with the Company’s transfer agent. Key points include the procedure for moving warrants, a form available on the Company’s website to assist this process, and automatic issuance for registered shareholders. The Company encourages inquiries via email or phone for further assistance.

Global Tech Industries Group, Inc. (GTII) provided an update regarding the warrant distribution process for shareholders. As of April 1, 2021, shareholders holding common stock in 'street name' can transfer their warrants to direct book-entry registration with the transfer agent. A form to assist this process is available on the company’s website. Registered shareholders do not need to take any action to receive their warrants, as these will be issued automatically. Shareholders can direct inquiries to GTII via email or phone.

GTII has initiated a shareholder mailing regarding a Warrant Distribution, informing shareholders of record as of April 1, 2021, that they will receive 0.10 of a Warrant for each common share owned. Each full Warrant allows the purchase of one common stock share at an exercise price of $2.75. Warrants will be issued in book-entry form, and registered shareholders will not need to take any action to receive them.

Shareholders can contact the company via email or phone for inquiries about the distribution.

Global Tech Industries Group, Inc. (GTII) has announced a partnership with Alt5 Sigma, Inc. to explore the creation of NFTs and potential business combination opportunities. The companies have signed a non-binding Letter of Intent to investigate mutually beneficial arrangements that could enhance shareholder value. GTII's CEO, David Reichman, emphasized the partnership's potential in utilizing Alt5’s NFT platform to innovate and generate value for shareholders. Both companies are optimistic about the synergies that may arise from this collaboration.

Global Tech Industries Group, Inc. (GTII) has entered into a licensing agreement with Alt 5 Sigma, Inc. for a blockchain-based digital assets platform. This partnership allows GTII to customize and brand the platform to support its fine arts tokenization strategy in collaboration with Ronald Cavalier. The CEO, David Reichman, expressed enthusiasm about the expedited deployment of the platform, aiming to enhance shareholder value and market awareness. The company is also exploring further strategic partnerships to maximize GTII's growth potential.

Global Tech Industries Group, Inc. (GTII) announced updates on its non-fungible tokenization strategies. The Company is collaborating with Ronald Cavalier to explore tokenization for fine art and other assets. GTII is in the process of evaluating vendors for necessary platforms and services, aiming to issue digital asset dividends to shareholders, enhancing their involvement in the tokenization process.

However, the Company notes that significant expenses incurred during its development stage could affect profitability, highlighting potential risks associated with growth and regulatory compliance.