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Global Tech Industries Group, Inc. Appoints Director Donald Gilbert to Lead Illegal Trading Task Force
[January 23, 2023]

Global Tech Industries Group, Inc. Appoints Director Donald Gilbert to Lead Illegal Trading Task Force


New York, NY, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that at a special meeting of its board of directors (the “Board”) held this weekend, the Board appointed Donald Gilbert (who has been a member of GTII’s Board for 20 years) to lead a newly created task force that will investigate illegal trading in GTII’s shares (the “Task Force”).

Mr. Gilbert is a veteran and had a 35-year career as a special agent with the Department of Treasury and the Justice Department, which the Board believes will greatly assist the Task Force in interfacing with the appropriate authorities regarding any potential evidence of illegal trading activity in GTII’s shares discovered by the Task Force. The Task Force will also include the legal teams of Christian Levine Law Group and Warshaw Burstein, LLP, along with ShareIntel, which provides access and insight into broker-dealer, clearing firm and shareholder position movements that allow public companies to proactively track equity flows and identify suspicious, aberrant and/or unusual trading activity.

The activities of the Task Force will include:

  • Identifying and analyzing potentially unlawful and manipulative trading activity by market participants, including market makers, brokers, and hedge funds.
  • Evaluating and making recommendations to the Board regarding legal actions against any market participants reasonably believed to be involved in any unlawful trading activity in GTII’s shares.
  • Evaluating and making recommendations to the Board regarding the presentation of evidence regarding potential unlawful trading activity inGTII’s shares to the appropriate governmental and regulatory authorities.
  • Performing other activities and making other recommendations to the Board that the Task Force deems appropriate to protect the interests of GTII’s shareholders.



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.

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Global Tech Industries Group, Inc.
511 Sixth Avenue, Suite 800
New York, NY 10011
[email protected]


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