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GGTOOR INC - GTOR STOCK NEWS

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

GGTOOR, Inc. (OTCMKTS:GTOR) is an emerging leader in the eSports market. The company is dedicated to organizing and promoting eSports tournaments for a diverse range of video games, creating a thriving community for gamers around the world. GGTOOR's mission is to provide unparalleled gaming experiences through high-quality, competitive events.

Recently, the company has made headlines as the SEC accepted their offer of settlement in connection with alleged violations of Section 5 arising from their most recent Regulation A Offerings. The investigation concluded in September 2023, and the company has agreed to pay a fine of $40,000 while committing to abide by SEC regulations moving forward.

Core Business:

  • Organizing eSports tournaments across various game titles.
  • Providing a platform for gamers to compete and showcase their skills.
  • Engaging with a large community of eSports enthusiasts and professionals.

Recent Achievements:

  • Successful resolution of the SEC investigation.
  • Expansion of tournament offerings and partnerships with game developers.
  • Increased user engagement and community growth.

Current Projects:

  • Developing new tournament formats and expanding to new game genres.
  • Enhancing the user experience on their platform.
  • Pursuing strategic partnerships to broaden their market reach.

GGTOOR is focused on maintaining financial stability while continuously improving its services. The company's leadership, spearheaded by John V Whitman Jr., is committed to transparent communication with shareholders and stakeholders, ensuring the company's growth and success in the competitive eSports landscape.

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GGTOOR, Inc. (OTCMKTS:GTOR) has made significant strides at the Metaverse Expo 2022 in Las Vegas, showcasing its expansive booth and attracting serious investment interest for GGTOORCITY, its virtual city project. The company secured its first commitment to sell a 256m x 256m parcel, expected to close by July 22, 2022. Additionally, the Call of Duty Vanguard tournament at the expo featured a prize pool of $30,000. With ongoing negotiations for more land deals and the potential for increased revenue streams, GGTOOR aims for explosive growth.

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GGTOOR, Inc. (OTCMKTS: GTOR) reports strong registration for recent eSports events, including 373 players for Pokémon VGC and a 56% increase for Super Smash Brothers Ultimate tournaments. The company will participate in the Metaverse Expo 2022 and host a $30,000 Call of Duty Vanguard event. They are developing a GGTOOR Tournament Arena within GGTOORCITY, anticipated to attract thousands of gamers and hundreds of thousands of viewers daily, with construction starting in August 2022 and operations expected by 2023.

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GGToor, Inc. (GTOR) has announced significant growth in eSports competitions, boasting a 78% increase in player registrations for Pokémon Unite and an 18% rise for Yu-Gi-Oh Duel Links. The company is also progressing on its virtual land venture in GGTOORCITY, with potential sales of parcels valued at $375,000 and $1.8 million. In upcoming events, GGToor aims to capitalize on the Metaverse Expo 2022, enhancing exposure and generating leads. The company continues to expand its offerings, introducing special content on Twitch while adjusting to shifts in tournament meta.

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GGTOOR, Inc. (OTCMKTS:GTOR) has released its annual financial report for the period ending May 31, 2022, showing significant growth. The company improved its balance sheet by 48,344%, reaching $103,191,919, up from $213,012 in the previous year. Revenues surged by 582%, totaling $92,399, and other income increased by 736% to $80,887. While operational losses decreased by 56%, equity compensation fell substantially, and interest expenses dropped 83%. CEO John Whitman highlighted expectations of over $300 million in revenue from new inventory sales.

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GGTOOR, Inc. (OTCMKTS:GTOR) continues its strong performance in the eSports sector, achieving significant milestones over the past five weeks. The company has hosted over six events weekly, registering over 1,000 players each week. Notably, their Magic: The Gathering Arena event saw a 35% rise in unique Twitch viewers. Their tournaments have produced diverse winner decks, showcasing emerging strategies in competitive gaming. Additionally, GGTOOR has purchased 2,144 parcels of virtual land for its upcoming virtual city, GGTOORCITY, in a move to enhance their presence in the growing Metaverse.

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GGTOOR, Inc. (OTCMKTS:GTOR) announced a rescheduled Zoom call for June 15, 2022, after connectivity issues due to a car crash disrupted the initial meeting. CEO John V. Whitman Jr. apologized for the inconvenience, urging attendance at the new session. The company is making strides in the eSports market, having acquired 2,144 virtual parcels to establish GGTOORCITY. With over 220 tournaments hosted and $100,000 awarded in cash and prizes, GGTOOR aims to become a leading gaming portal. Registration for the webinar is available online.

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GGTOOR, Inc. (GTOR) has announced a landmark purchase of 2,145 virtual land parcels in TCG World, totaling $102.3 million, marking the largest metaverse land acquisition in history. This acquisition will form GGTOORCITY, enhancing the company's position in the eSports and NFT domains. The company aims to upgrade from OTC:PINK to OTC:QB, contingent on meeting certain stock price thresholds. Additionally, GGTOOR is opening commercial parcels for sale, priced from $375,000 to $28 million. Construction of the GGTOOR Tournament Arena is set to begin in August 2022, with aims for full operation in early 2023.

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GGTOOR, Inc. (OTCMKTS:GTOR) has announced a significant milestone, closing a deal valued at $102,300,000 for what is believed to be the largest virtual land acquisition in history. This purchase will create GGTOORCITY, a pioneering virtual city dedicated to entertainment, featuring an eSports Arena. The company also reported record-breaking achievements in player registrations, with a 39% increase over the previous month and significant growth in individual game tournaments. A Zoom call for further details is scheduled for June 14, 2022.

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GGTOOR, Inc. (OTCMKTS:GTOR) has announced a significant milestone, signing a deal valued at over $100 million for the launch of GGTOORCITY, a Metaverse project scheduled for June 14, 2022. This virtual city will encompass 2,145 commercial parcels and aims to attract businesses, primarily in entertainment, retail, and gaming. The funding for this venture will not dilute shareholder value, as it will be secured through the company's blank check preferred stock.

Details will be revealed during a Zoom call on June 14, 2022, led by CEO John V. Whitman Jr.

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GGTOOR, Inc. (OTCMKTS:GTOR) reports increased stock trading and anticipates a major deal soon. Despite potential dilution from a recent 1-A registration aimed at funding operations, the CEO reassures investors about managing share availability. The company’s tournament division is thriving, having attracted over 1,300 player registrations in recent events, with notable increases in specific game registrations. GGTOOR is also enhancing its streaming capabilities to better engage audiences and monetize content for streamers.

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FAQ

What is the current stock price of GGTOOR (GTOR)?

The current stock price of GGTOOR (GTOR) is $0.0021 as of April 16, 2024.

What is the market cap of GGTOOR (GTOR)?

The market cap of GGTOOR (GTOR) is approximately 1.4K.

What does GGTOOR, Inc. do?

GGTOOR, Inc. organizes and promotes eSports tournaments for various video games, providing a platform for gamers to compete and connect.

What is the recent news about GGTOOR?

GGTOOR recently settled with the SEC regarding alleged violations of Section 5 from their Regulation A Offerings and agreed to pay a $40,000 fine.

How does GGTOOR contribute to the eSports community?

GGTOOR provides high-quality, competitive eSports tournaments, engaging a diverse community of gamers and enthusiasts.

What are GGTOOR's recent achievements?

Recent achievements include resolving the SEC investigation, expanding tournament offerings, and increasing user engagement.

What are GGTOOR's current projects?

Current projects involve developing new tournament formats, enhancing their platform, and pursuing strategic partnerships.

Who leads GGTOOR?

John V Whitman Jr. is the key figure steering the company's growth and ensuring transparent communication with shareholders.

How does GGTOOR plan to improve its services?

GGTOOR aims to enhance user experience and develop new tournament formats while expanding into new game genres.

What is the company's mission?

GGTOOR's mission is to provide unparalleled gaming experiences through high-quality, competitive eSports events.

Where can I find more information about the SEC settlement?

Details of the SEC settlement can be found in the Administrative Proceeding File No. 3-21674 on the SEC's website.

How can I stay updated on GGTOOR's developments?

Shareholders and interested parties can expect periodic press releases from the company with the latest updates.

GGTOOR INC

OTC:GTOR

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