GGTOOR, Inc., (OTCMKTS:GTOR) Announces Management Report for the Week Ended October 15, 2022
GGTOOR, Inc. (OTCMKTS: GTOR) announced a significant milestone with over 1,200 player registrations across six competitions. Notably, the Garena Free Fire tournament attracted 124 additional players compared to the previous event, while Clash Royale accounted for nearly 300 registrations. The company plans to increase mobile game events to 40% of its lineup, reflecting trends in gamer preferences. Additionally, GGTOOR is strategically moving into the Metaverse, having purchased 4,144 virtual land parcels to establish GGTOORCITY, enhancing its eSports engagement and event hosting capabilities.
- Over 1,200 player registrations for six competitions.
- Garena Free Fire tournament saw an increase of 124 players.
- Clash Royale represented nearly 300 registrations.
- Plans to increase mobile game events to 40% of overall lineup.
- Acquisition of 4,144 virtual parcels for GGTOORCITY to host eSports tournaments.
- Expiration of the Nerdland LLC purchase contract may indicate delays in acquisition.
THOMASVILLE, GA, Oct. 18, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – GGTOOR, Inc., (OTCMKTS:GTOR) (“GGTOOR, Inc.,”, “GTOR”, or the “Company”), an emerging leader in the eSports markets, announces this week the Company completed six more competitions, tallying a grand total of over 1,200 player registrations for these events. Leading the pack was Garena Free Fire, which saw an increase of 124 more player registrations compared to last month's event, and the Clash Royale tournament representing nearly 300 of the total player registrations. Kamell providing first chair commentary for this week’s Cross Duel event, the Company saw viewership spike, with over 750 unique viewers tune into the top eight broadcast for this small tournament.
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The company’s venture into the Metaverse is part of our long term vision to have every tournament hosted in our GGToorCity Arena. The Company is developing strategies to expand and merge our existing event model with the massive opportunities available with the newest Blockchain, NFTs and play-to-earn technologies as Web3 comes to gaming, alongside new developments in eSports and streaming as well. Predictions of key trends include that play-to-earn will become a more viable business model, Mobile esports will continue to grow, Co-op Streaming will grow into a common marketing strategy for brands, and consolidation in cloud gaming is on the horizon.
John V Whitman Jr., had this to say concerning the progress of the Nerdland parcel purchase, “As true with any developmental company entering the Metaverse space, corporate governance is crucial. We have allowed the Nerdland LLC purchase contract with GGTOOR to expire, which provides Nerdland LLC needed time to change its internal corporate structure, as it continues to line up the financing needed to complete its acquisition with GGTOOR. Management has faith that with the execution of new agreements expected in the coming days, a new purchase contract will be consummated.”
Want to participate? If you want to bring your team or friends to GGToor.com or be a Tournament Organizer, we can support you and help you grow; you can reach a worldwide audience of similar-minded individuals that like to compete and have fun! You can be sure that GGToor.com is here to grow with you. Just follow the link to sign up as an organizer https://GGToor.com/organizerlogin.php If you have any questions about our events visit our socials; Discord https://discord.gg/GUhyZxFH8Q, Twitter https://twitter.com/GGToor/, twitch https://www.twitch.tv/GGToor, Facebook: https://www.facebook.com/gaming/eShadowGaming and Youtube: https://www.youtube.com/channel/UCTcWVwGhX2XnjB6bn5_3jnw
About GTOR
GGTOOR, Inc., is engaged in the business of eSports. The Company is aggressively entering the Metaverse by having purchased enough virtual land, 4,144 parcels, to form its own virtual city that will be called GGTOORCITY. The Company has held over two hundred sixty video game tournaments and has given away over
Forward-Looking Statements. This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as “expect,” “expectation,” “believe,” “anticipate,” “may,” “could,” “intend,” “belief,” “plan,” “estimate,” “target,” “predict,” “likely,” “seek,” “project,” “model,” “ongoing,” “will,” “should,” “forecast,” “outlook” or similar terminology. These statements are based on and reflect our current expectations, estimates, assumptions and/ or projections as well as our perception of historical trends and current conditions, as well as other factors that we believe are appropriate and reasonable under the circumstances. Forward-looking statements are neither predictions nor guarantees of future events, circumstances or performance and are inherently subject to known and unknown risks, uncertainties and assumptions that could cause our actual results to differ materially from those indicated by those statements. There can be no assurance that our expectations, estimates, assumptions and/or projections, including with respect to the future earnings and performance or capital structure of GGTOOR, Inc.
For Additional Information Contact:
John V Whitman Jr.,
John@GGToorcorp.com
https://GGToorcorp.com/
https://GGToor.com/home.php
FAQ
What was the total number of player registrations for GGTOOR competitions?
Which game saw a significant increase in player registrations?
What percentage of events does GGTOOR plan to allocate to mobile games?
What is GGTOOR's initiative in the Metaverse?
What was stated about the Nerdland LLC purchase contract?
