Global Tech Industries Group, Inc. Updates Shareholders on Exercised Warrants Progress
New York, NY, Nov. 23, 2022 (GLOBE NEWSWIRE) -- (GTII: OTCQB) Global Tech Industries Group, Inc. (“GTII” or “The Company”), www.gtii-us.com, announced today that, as of November 23, 2022, 1,189,011 Warrants have been exercised, providing $3,269,780.25 of funding to the Company. Management is also in the process of completing a post-effective amendment to the registration statement of Form S-1/A in order to update the financial statements, and other information.
David Reichman, Chairman & CEO, stated, “Management has been focused, since the 10Q was filed on November 14th, on finalizing the S/1 document, getting it filed, and into the public’s hands.”
The Company also has been in contact with management at 1-800-LAW-FIRM and have ascertained that the prerequisite PCAOB audit is in process and appears to be moving ahead and on time.
About GTII: 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/.
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Global Tech Industries Group, Inc.
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