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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.
GGTOOR, Inc. (GTOR) achieved a milestone by surpassing 40,000 player registrations this past weekend, following six successful events that attracted over 2,700 players. The company celebrated the end of the year with impressive numbers and anticipates further growth in 2022. Key events included championship matches in popular games, showcasing an evolving competitive landscape. Additionally, the company revamped its platform and merchandise store, enhancing user experience and security measures. They managed over 114 tournaments throughout the year and are exploring indoor eSports arenas.
GGTOOR, Inc. (OTCMKTS:GTOR), a player in the eSports industry, faced a significant cyber attack on December 19, 2021, but successfully mitigated 353 attacks and banned 25 IP addresses. The company reported a record of over 1,000 player registrations for three consecutive weeks, showcasing strong engagement across games like MTG Arena. Predictions for the eSports market indicate continued growth, with revenues reaching $6.82 billion by 2027. GGTOOR is optimistic about 2022, anticipating further record-breaking events as it positions itself as a leader in the sector.
GGTOOR, Inc. (GTOR) reported remarkable growth in its Q4 2021 results compared to Q4 2020. Revenues soared 390% to $22,422, while basic income per share improved from (0.01) to break even. Current assets increased 198% to $120,188, with fixed assets spiking 2,218%. Additionally, the company settled a significant litigation for $84,787.19, resolving potential liabilities of over $9 million. Management anticipates continued growth into 2022, with plans for cryptocurrency integration and more gaming events.
GGTOOR, Inc. (OTCMKTS: GTOR) reported that its stock is being pressured below $0.03 by potential short sellers, despite strong company growth of 87% per month. CEO John V. Whitman Jr. compared the situation to Amazon's early struggles, urging shareholders to hold onto their shares rather than sell at low prices. The company is focused on eSports and is engaging in various developments to enhance its online gaming portal. Management believes that patience will reward investors as fundamental metrics improve, but cautions against succumbing to market manipulation.
GGTOOR, Inc. (OTCMKTS:GTOR) reported a strong start to December 2021, hosting 5 events with over $2,000 in total prizes and attracting more than 1,100 player registrations and over 10,000 unique Twitch viewers. The tournaments showcased exciting gameplay, including a Magic The Gathering event with 283 players, reflecting a growing interest in eSports. The company emphasizes the increasing significance of mobile gaming, which is expected to make up 45% of the global games market, and sees potential for a more inclusive future. GGToor aims to enhance its platform and engage more participants.
GGTOOR, Inc. (OTCMKTS:GTOR) announces a successful end to November 2021, hosting tournaments with 1,800 player registrations and over 25,000 unique Twitch viewers. Key milestones include surpassing 15,000 Discord members and 20,000 email subscribers. The Pokémon Unite tournament saw the team Good Morning upset the reigning champions, TTV. The press release emphasizes the importance for brands to engage authentically with the eSports community through strategic sponsorships. GGToor aims to enhance its gaming portal and is welcoming tournament organizers and players to join its platform.
GGTOOR, Inc. (GTOR) has announced plans to upgrade its listing from OTC:PINK to OTC:QB by completing PCAOB compliant audits. The audits, conducted by Accell Audit & Compliance, PA, are set to begin in January 2022 and take approximately six weeks. The Company was previously hindered by litigation regarding a disputed $9 million debt, which has now been settled, removing barriers to upgrade. Additionally, GGTOOR is finalizing terms for an Affiliate Program aimed at strengthening independent eSports facilities under its brand.
GGTOOR, Inc. (GTOR) reports significant growth in its eSports business, with registered players soaring from 1,235 to 31,134, a 2,421% increase in just five months.
Revenue also rose 47% from $13,557 in 2020 to $19,870 in 2021. The company anticipates over 780,000 registered players by May 2022 if the trend persists. Upcoming tournaments are attracting increasing registrations, and the company recently welcomed a new Sponsorship Coordinator to enhance B2B relationships.
GGTOOR, Inc. (GTOR) has reported significant growth in the eSports sector, with over 120 events held this year, attracting 29,899 registered players, 14,175 Discord users, and 127,531 unique Twitch viewers. The company is expanding its Tournament Organizer roster and has plans for more events in November. Recent tournaments drew impressive participation, showcasing a range of popular games. Management aims to enhance the GGToor portal, facilitating better user engagement and expanding their revenue base.
GGTOOR, Inc. (OTCMKTS:GTOR) reports significant growth in eSports registrations, surpassing 16,000 in 3 months, with October alone witnessing over 1,400 new registrations. Discord membership increased by 1,500 to 14,000. CEO John V Whitman Jr. emphasized the importance of shareholders in enhancing company value, urging them to stabilize share prices to avoid dilution. October's Twitch viewership grew by over 40%, reaching 20,000 unique viewers. The company aims to expand its gaming portal and indoor eSports arenas to capitalize on the booming eSports market.
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