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GLOBAL TECH INDUSTRIES - GTII STOCK NEWS

Welcome to our dedicated page for GLOBAL TECH INDUSTRIES news (Ticker: GTII), a resource for investors and traders seeking the latest updates and insights on GLOBAL TECH INDUSTRIES stock.

Global Tech Industries (GTII) is a leading technology company based in New York, NY. They specialize in developing cutting-edge solutions for various industries, including software development, AI, cybersecurity, and cloud computing. With a strong focus on innovation, GTII is at the forefront of technological advancements, driving growth and success in today's competitive market.

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GTII and Creatd have initiated discussions about a potential merger, aiming to explore synergies between the two companies. This move is intended to create a new entity, referred to as NewCo, which will result in the exchange of existing stocks for shares in this new company. Both companies anticipate that their stocks will be retired and exchanged for shares in NewCo, with plans to list it on a national exchange. GTII remains focused on acquiring 1-800-Law-Firm, contingent on due diligence and the firm's audit.

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Global Tech Industries Group, Inc. (OTCQB: GTII) announced it has completed the application process to list its shares on Upstream, a platform for digital securities and NFTs. This strategic move aims to enhance GTII's reach in the global trading community and provide access to an international investor base using various currencies, including USDC. GTII’s listing approval is pending from MERJ, although it may qualify for an expedited process as an existing OTCQB company. CEO David Reichman emphasized that this step is part of a strategy to create shareholder value.

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Global Tech Industries Group, Inc. (GTII) announced plans to investigate potential market manipulation via illegal naked short selling of its common stock over the past two years. The board approved a service agreement with ShareIntel to analyze trading history and track shareholder ownership, aiming to identify unusual trading activities. The collaboration with the Christian Levine Law Group and Warshaw Burstein, LLP, is focused on exposing any wrongdoing that may have affected shareholder value. This initiative reflects the company's commitment to protecting investors.

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Global Tech Industries Group announced a service agreement with The Christian Levine Law Group and Warshaw Burstein, LLP to investigate potential market manipulation of its common stock. The company suspects it may have been targeted by a naked short selling scheme. The legal firms have a strong track record, having secured millions in damages for clients affected by similar issues. This step could potentially uncover illegal trading activities affecting the stock's performance over the past two years.

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Global Tech Industries Group (GTII) announced on November 23, 2022, that it has successfully exercised 1,189,011 Warrants, generating $3,269,780.25 in funding. The company is working on a post-effective amendment to its Form S-1/A registration statement to update financial statements. Additionally, GTII is in communication with 1-800-LAW-FIRM to ensure the ongoing PCAOB audit is progressing on schedule. The company aims to enhance its financial disclosure and support future growth initiatives.

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Global Tech Industries Group, Inc. (OTCQB: GTII) announced it is applying for a listing on Upstream, a platform for trading digital securities and NFTs. This move aims to access a broader international investor base, enabling trades in USDC digital currency, credit, and PayPal, enhancing liquidity and price discovery. CEO David Reichman emphasized this as part of a strategy to add value for shareholders. Approval is subject to MERJ, but an expedited process may apply given GTII's current OTCQB status.

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Global Tech Industries Group (GTII) announced on November 12, 2022, that its board authorized management to explore a partnership with Upstream, a dual listing platform. This includes pursuing a technology service agreement and a sponsor advisor agreement. The goal is to enhance shareholder value by offering a digital dividend and expanding trading opportunities on a dynamic exchange. CEO David Reichman noted that this alliance could broaden GTII's reach and enhance opportunities for shareholders.

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Global Tech Industries Group (GTII) has addressed a FINRA inquiry regarding its decision to leave the strike price for its outstanding warrants unchanged after initially proposing a reduction. The inquiry stemmed from a misunderstanding of the new strike price’s impact on shareholders. In related news, Wildfire Media Corp is undergoing a two-year PCAOB audit as a part of its acquisition of 1-800-Law-Firm. The audit is expected to conclude by year-end. Ray Bonkowski, COO of 1-800, expressed optimism for the upcoming year following successful recent engagements.

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Global Tech Industries Group, Inc. (GTII) announced receiving notice from Wildfire Media Corp regarding the retention of a PCAOB-approved auditor. This audit will cover Wildfire's consolidated financials for the fiscal years ending December 31, 2020, and 2021, along with interim periods for 2022. The audit aligns with a previously signed agreement on September 14, 2022. GTII anticipates progress reports as the audit commences, which is crucial for meeting SEC and financial reporting obligations.

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Global Tech Industries Group, Inc. has updated its corporate website to simplify the process of exercising shareholder warrants. Shareholders interested in exercising their warrants are encouraged to visit gtii-us.com, download the warrant exercise form, and email it to Liberty Stock Transfer for processing. This update aims to improve accessibility for shareholders and enhance their engagement with the company. GTII focuses on acquiring innovative technologies and is traded on OTCQB.

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FAQ

What is the current stock price of GLOBAL TECH INDUSTRIES (GTII)?

The current stock price of GLOBAL TECH INDUSTRIES (GTII) is $0.023 as of January 24, 2025.

What is the market cap of GLOBAL TECH INDUSTRIES (GTII)?

The market cap of GLOBAL TECH INDUSTRIES (GTII) is approximately 11.1M.

What is Global Tech Industries known for?

Global Tech Industries is known for developing cutting-edge solutions in software development, AI, cybersecurity, and cloud computing.

Where is Global Tech Industries located?

Global Tech Industries is headquartered in New York, NY, at 511 Sixth Avenue, Suite 800.

What industries does Global Tech Industries serve?

Global Tech Industries serves various industries, including software development, AI, cybersecurity, and cloud computing.

What sets Global Tech Industries apart from its competitors?

Global Tech Industries stands out due to its strong focus on innovation and commitment to driving growth and success in the market.

What is the core business of Global Tech Industries?

The core business of Global Tech Industries revolves around developing cutting-edge technological solutions for different industries.

How does Global Tech Industries contribute to technological advancements?

Global Tech Industries contributes to technological advancements by staying at the forefront of innovation and implementing state-of-the-art solutions.

Is Global Tech Industries a global company?

While based in New York, NY, Global Tech Industries has a global presence and impact through its innovative technology solutions.

Does Global Tech Industries offer cybersecurity services?

Yes, Global Tech Industries offers cybersecurity services as part of its portfolio of cutting-edge solutions.

What is the email contact for Global Tech Industries?

For inquiries, you can reach Global Tech Industries at Info@gtii-us.com.

What are the key focus areas of Global Tech Industries' technology solutions?

Global Tech Industries focuses on software development, AI, cybersecurity, and cloud computing as key areas for their technology solutions.
GLOBAL TECH INDUSTRIES

OTC:GTII

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GTII Stock Data

11.10M
303.05M
2.33%
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United States of America
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