New York, NY, June 07, 2022 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation announced that its transfer agent, Liberty Stock Transfer, Inc. (“Liberty”) has continued to process the incoming request forms from shareholders to receive their digital dividend. At this time, Liberty has only received a portion of the potential requests for the digital dividend and has noted further discrepancies in some of the totals of what shareholders have reported and what is being held in brokerage accounts or recorded on the NOBO list. The Shibu Ino token dividend can only be paid to shareholders who have followed the Company’s instructions on its website that gives specific guidelines on how they can obtain the dividend. The Company is excited to issue this dividend and urges each shareholder to request it, as a deadline to receive the digital dividend will be decided by the board of directors and announced by the Company in the near future. In an additional effort to assist in this, the Company has commenced a physical mailing to unresponsive shareholders with clear instructions and the request form enclosed for shareholders to mail or email to the transfer agent.
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/.
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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
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