GLOBAL TECH INDUSTRIES - GTII STOCK NEWS

Global Tech Industries Group has extended its agreement with Wildfire Media Corp until May 15, 2023. This extension allows Wildfire additional time to finalize a two-year PCAOB audit required for the acquisition of Wildfire and the 1-800-LAWFIRM brand. The audit is being performed by UHY, LLP, a firm based in Michigan. GTII focuses on acquiring innovative technologies and has established its market presence through strategic partnerships.

Global Tech Industries Group, Inc. (OTCQB: GTII) has announced it is in ongoing discussions with FINRA regarding a corporate action request to issue a dividend of one restricted share for every ten shares held, effective from the record date of April 15, 2023. This request was initially approved by the board on March 9, 2023, and the company has responded to additional requests for information from FINRA. GTII is focused solely on this dividend and has no plans for any other corporate actions, such as stock splits.

Global Tech Industries Group has announced that the lawsuit filed in the United States District Court, Southern District of New York, has been officially served to all defendants, including Canaccord Genuity LLC and Credit Suisse Securities. The company looks forward to pursuing its case in court.

In its announcement, GTII emphasized its focus on acquiring innovative technologies and mentioned the ongoing significant expenses incurred during its development stage, highlighting the uncertainty of future profitability.