Global Tech Industries Group, Inc. announces application for listing on Blockchain-powered Securities Exchange, Upstream
New York, NY, November 18, 2022 (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 commenced the application process to list its shares on Upstream , a digital securities and NFTs trading app powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”).
The proposed listing on Upstream is designed to give the company the opportunity to access an international, digital-first investor base that can trade USDC digital currency alongside credit, debit, PayPal and USD, potentially unlocking liquidity and improve price discovery.
Commenting on the listing strategy, David Reichman, Chairman & managing director i GTII, said, “We are pursuing GTII’s listing as part of a broader effort to bring value to our shareholders and create an entirely new liquidity stream for the global community.”
Approval to be listed on Upstream is dependent on approval by MERJ. However, as an existing OTCQB company, GTII may be eligible for an expedited listing process
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/.
Feel free to follow our company at: www.otcmarkets.com/stock/GTII or at https://gtii-us.com/
About Upstream: a MERJ Exchange Market (MERJ Exchange), is a fully regulated global exchange for digital securities and NFTs. Powered by Horizon’s Ethereum-L2 matching engine technology, the platform allows users to trade NFTs and invest in securities for IPOs, crowdfunded companies, US and international stocks and celebrity ventures using the Upstream app. For more information, please visit https://upstream.exchange.
Follow our company at: www.otcmarkets.com/stock/GTII
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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 may cause actual outcomes and results to differ materially from those anticipated or anticipated, including statements relating to amounts and timing. of expected revenues related to our financial results, expected income, distributions and future growth for future quarterly and annual periods. These risks and uncertainties are further defined in filings and reports from the company to the US Securities and Exchange Commission (SEC). Actual results and the timing of certain events may differ materially from those projected or contemplated in the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other things, the company may not be able to sustain growth or achieve profitability based on many factors, including, but not limited to, the risk that we will not be able to find and acquire businesses and assets that enable us to become profitable. Reference is hereby made to cautionary statements set forth in the company’s most recent SEC filing. We have incurred and will continue to incur significant expenses in the development phase, and note that there is no assurance that we will generate sufficient revenue to offset these costs in both the near and long term. New lines of business may subject 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