Wall Street Researcher

GLOBAL TECH IND

GTII OTCQB

Token Dividend – Drives Shares Higher

Crypto Merger

SHORT SQUEEZE EVENT

BREAKOUT EXPECTED

These shares are ready to rumble . A new Token Dividend was announced April 19 2022 – SEE BELOW – which we feel will drive these shares significantly higher.

A huge short position hanging in the background waiting to push these shares through its final resistance of $2.75. Then rallying on to our first target of $3.50

The 200 day M/A is $1.40 with 220,110 average daily share volume . We presently are sitting at that level and we expect a BREAKOUT to the upside momentarily .

All serious investors should watch for a BREAKOUT carefully and climb aboard.

Global Tech Industries Group, Inc. Closes Sale of its Beyond Blockchain Business and Announces its Upcoming First Crypto Dividend

New York, NY, April 19, 2022 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com , a Nevada corporation, announced today that on April 19, 2022 it entered into a definitive asset purchase agreement with Parabolic Tech DMCC (“Parabolic Technologies”), www.parabolictech.io , for the sale of its “Beyond Blockchain” business and assets, and simultaneously closed the transaction.

Under the terms of the asset purchase agreement, GTII received $25,000 in cash at the closing, with additional consideration to be paid, post-closing, as described below. Parabolic Technologies acquired all of the Beyond Blockchain assets and assumed all outstanding liabilities of the Beyond Blockchain business. In addition,

  • Parabolic Technologies will issue GTII an equity interest equal of 10% of the first subsequent new Token allocation it receives and launches on the exchange;
  • Parabolic Technologies will issue GTII an equity interest of 10% of all tokens issued by Parabolic Technologies in connection with its own initial proprietary token offering; and
  • Parabolic Technologies will distribute a third-party crypto dividend to GTII shareholders, as of the record date of April 29, 2022 (the “Crypto Dividend”).

The Crypto Dividend described above will be GTII’s first cryptocurrency dividend.

David Reichman, Chairman and CEO of GTII stated , “We are extremely pleased that we were able to quickly turn around the closing of the sale of our Beyond Blockchain business. The sale of this business line to Parabolic Technologies will allow GTII to participate indirectly in Beyond Blockchain’s potential as the daily operations will now be turned over to Parabolic Technologies whose principals have experience and relationships in the crypto space.

Tommy Wang, Parabolic Technologies Strategic Advisor stated, “We are excited to deliver the global bridge of liquidity & transparency through technology for our valued customers . ”

About Global Tech Industries Group, Inc.: GTII is a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies. Visit GTII here https://gtii-us.com/ .

Please follow our Company at: www.otcmarkets.com/stock/GTII or at https://gtii- us.com/

Safe Harbor Forward-Looking Statements :
This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward- looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

Global Tech Industries Group, Inc. Provides Update Regarding its Trento Resources and Energy Corp. Subsidiary

New York, NY, March 24, 2022 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com , a Nevada corporation, announced today that Vanor Capital Resources Limited (“Vanor Capital”), the underwriter of a $350,000,000 bond offering for Trento Inversiones SpA, has entered into a memorandum of understanding with Style Age, Inc., a U.S. corporation with offices in Miami, FL and Dubai, UAE, www.styleageinc.com (“SAI”), pursuant to which the parties are engaging in discussions to enter into a definitive agreement for the purchase by SAI of the entire $350,000,000 bond offering. GTII has been informed by Trento Inversiones SpA that Vanor Capital has confirmed SAI’s availability of funds for the bond purchase.

Upon closing of the bond purchase, the bond sale proceeds will be funded to Trento Inversiones SpA in accordance with the terms and conditions of the Private Placement Bond Offering Memorandum, at which time Trento Inversiones SpA intends to commence its rare earth minerals mining operations in Chile. Simultaneous with the closing of the bond purchase, GTII’s wholly owned subsidiary, Trento Resources and Energy Corp. (“Trento Resources”), will acquire a 40% equity interest in Trento Inversiones SpA and GTII will issue to Mr. Sean Wintraub, the former sole shareholder of Trento Resources, 100,000,000 shares of GTII common stock. Mr. Wintraub is a United Nations global initiative founder who bears diplomatic status and has dedicated over 20 years of his life to the development of breakthrough technologies for humanity.

David Reichman, GTII’s Chief Executive Officer, stated “We are very pleased that Trento Inversiones SpA is moving closer to completing its bond offering, which will fund its substantial rare earth minerals mining operations in Chile. This proposed transaction can create an incredible opportunity for GTII in the rare earth minerals space, as the demand for rare earth minerals increases dramatically with the shift to green technologies.”

A bout Global Tech Industries Group, Inc.: GTII is a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies. Visit GTII here https://gtii-us.com/ .

About Trento Resources and Energy Corp .: Trento Resources, is a Delaware corporation and wholly owned subsidiary of GTII. It was created to acquire a 40% interest in Inversiones Trento SpA (‘ Trento SpA ”), which is a privately held company registered in Copiapo, Chile, whose purpose is to develop, refine, and sell rare earth minerals and iron. Trento SpA owns fourteen hundred hectares of mining concessions for rare earth minerals and iron in Chile. Conclusions in the Associated Geological Consultants report, (under the NI43101 Canadian Code for Reporting Exploration Results Disclosure Standards for Mineral Projects) estimated 1,028,684.25 million tons of reserves of rare earth minerals and iron, valued at $15,430,290,000 (USD). www.inversionestrento.com

Please follow our Company at: www.otcmarkets.com/stock/GTII or at https://gtii-us.com/

Safe Harbor Forward-Looking Statements :
This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

 

Neither PSN or WSR nor its owners, members, officers, directors, partners, consultants, nor anyone involved in the publication of this website, is a registered investment adviser or broker-dealer or associated person with a registered investment adviser or broker-dealer and none of the foregoing make any recommendation that the purchase or sale of securities of any company profiled in the PSN or WSR website is suitable or advisable for any person or that an investment or transaction in such securities will be profitable. The information contained in the PSN  or WSR website is not intended to be, and shall not constitute, an offer to sell nor the solicitation of any offer to buy any security. The information presented in the PSN  or WSR website is provided for informational purposes only and is not to be treated as advice or a recommendation to make any specific investment. Please consult with an independent investment adviser and qualified investment professional before making an investment decision. Writer charges a fee of __  per month for distribution . All Reports are reviewed for accuracy and concur that any conclusions made are reasonable expectations. The term Buy List referring to a Watch List and not a recommendation to buy . Each individual has their own risk level and should know their risk level and act accordingly . Writer owns 2100 shares at $1.77