GLOBAL TECH INDUSTRIES GROUP, INC. ANNOUNCES ACQUISITION OF ANDY WARHOL GELATIN SILVER PRINT OF BIANCA JAGGER
New York, NY, June 04, 2021 (GLOBE NEWSWIRE) -- Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that it has acquired an Andy Warhol gelatin silver print of Bianca Jagger on a white horse, taken by Warhol at the famed Studio 54 (the “Warhol Print”).
The Warhol Print is annotated in red wax pencil marks indicating that it was used in a layout of Interview Magazine and is further annotated with initials and inventory numbers. It is also stamped on the reverse side by The Estate of Andy Warhol and The Andy Warhol Foundation for the Visual Arts. Warhol took many photos of Bianca, including candid photos at parties, posed model shots with his Polaroid, and even a few selfies of them together. Bianca threw her 32nd birthday at Studio 54 in 1977 where she posed on a white horse, thus depicted in this iconic image.
The Warhol Print joins the Picasso etching previously acquired by GTII, both of which will form a part of GTII’s planned digital fine arts and collectibles platform. The Company intends to tokenize the Warhol Print and is evaluating the process for issuing to its shareholders pro-rata fractional interests in the tokenized Warhol Print.
David Reichman, CEO of GTII commented “Mr. Warhol was a fascinating cultural icon and an inspiration to new generations of artists, curators, filmmakers, designers, and cultural innovators the world over. We are thrilled to add this unique and iconic piece to our collection that we will make available on our igital fine arts and collectibles platform.”
About Global Tech Industries Group, Inc.: GTII, a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies.
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