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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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Global Tech Industries Group, Inc. (GTII) is addressing concerns regarding ongoing naked shorting of its stock, attributed to social media claims involving individuals like Curt and Seth Kramer and their firm. Although GTII has no specific evidence of wrongdoing, it is committed to combatting illegal trading practices. CEO David Reichman emphasized that shareholders should rely solely on official company communications for accurate information. The company specializes in acquiring innovative technologies and continues to advocate transparency through its SEC filings and official website.

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Global Tech Industries Group (GTII) has announced actions to combat consistent naked short selling of its shares. The company has requested an investigation from FINRA and plans to review market makers' activities to ensure compliance with market making obligations. Concerns have arisen regarding the impact of naked short selling on shareholders, such as diluted shares and the ability to deliver dividends. GTII is also pursuing acquisitions that it believes will benefit shareholders while addressing abusive trading practices.

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Global Tech Industries Group (OTCQB: GTII) announced that its transfer agent, Liberty Stock Transfer, has begun processing requests for a digital dividend issued in Shibu Ino tokens. Despite receiving some requests, discrepancies in reported totals have been noted between shareholders and brokerage accounts. Shareholders are encouraged to follow guidelines on the company's website for dividend claims, with a forthcoming deadline to be announced. A mailing campaign is underway to assist unresponsive shareholders.

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Global Tech Industries Group (OTCQB: GTII) announced the continuation of its count for shareholder requests concerning Shibu Inu tokens dividends. These requests have been received since May 9, 2022, but irregularities between shareholder reports and brokerage records have arisen. To ensure all shareholders receive their digital dividend, the Company plans to mail request forms to those who have not responded. This effort highlights GTII's commitment to shareholder engagement and transparency.

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Global Tech Industries Group, Inc. (GTII) has finalized its acquisition of Gold Transactions International, Inc. (GTI) as of May 25, 2022. GTI will function as a wholly-owned subsidiary, enhancing GTII's operations in the gold market. GTI specializes in purchasing gold from artisan miners and managing operations in the Dubai Multi Commodities Centre (DMCC), which handles a significant portion of global gold trading. This strategic acquisition aims to expand GTII's global footprint and strengthen shareholder value.

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Global Tech Industries Group, Inc. (GTII) has announced further instructions for shareholders wishing to receive digital dividends in the form of Shibu Inu tokens, effective from the record date of May 9, 2022. Liberty Stock Transfer, Inc. will compile a list of requesting shareholders to facilitate the token distribution. Shareholders are encouraged to complete a token request form via the company’s website to be eligible for the dividends. For those without accounts on the Beyond Blockchain platform, guidance on account creation and token transfer is also provided.

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Global Tech Industries Group, Inc. (OTCQB: GTII) has announced a term sheet with Wildfire Media Corp., outlining the proposed acquisition of Wildfire Media for a purchase price estimated between $100 million and $120 million. Payment will be made in restricted shares of GTII common stock, contingent upon a third-party valuation. Wildfire Media is expected to provide audited financial statements as part of the closing conditions. Both companies foresee future growth, with GTII offering expertise in expanding access to legal services.

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Global Tech Industries Group, Inc. (GTII) announced that shareholders must submit a request form to claim their Shibu Inu digital tokens dividend. The form can be found on the Company's website in the Investor's tab and will also be mailed to shareholders. After submission, further instructions will be provided for receiving the dividend in their beyondblockchain digital wallets. The Company emphasizes verification of shareholder eligibility may be required. For assistance, shareholders can contact Liberty Stock Transfer via email.

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Global Tech Industries Group (OTCQB: GTII) announced a shareholder reward program, providing four Shiba Inu tokens for every share held as of the record date of May 9, 2022. The tokens are intended to enhance shareholder value and engagement.

Details on claiming the tokens will be released on May 9, guiding shareholders on how to settle them in their digital wallets via Beyond Blockchain.

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Global Tech Industries Group, Inc. (OTCQB: GTII) announced a special dividend of Shiba Inu tokens, with record holders receiving four tokens for each share held as of May 9, 2022. This decision was approved by the majority of the board and shareholders on April 28, 2022. The company is currently awaiting FINRA's processing of the initial application for this crypto dividend. Further details regarding distribution will be provided after processing. GTII focuses on acquiring innovative technologies to enhance business growth.

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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 $0.04 as of January 22, 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

GTII Rankings

GTII Stock Data

11.10M
303.05M
2.33%
Conglomerates
Industrials
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United States of America
New York