New York, NY, Dec. 08, 2021 (Globe NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Corporation”), www.gtii-us.com, a Nevada corporation, declared these days it has submitted, to the Securities and Trade Fee (the “SEC”), a Sort S-1 registration statement which, if accepted, would let the Corporation to distribute up to 26,000,000 freshly minted and registered cryptocurrency tokens as a dividend to GTII shareholders.

Pending SEC acceptance, the Enterprise would mint 1,000,000,000 cryptocurrency tokens (the “GFT Token”) on the Solana blockchain employing the Solana Simple Ledger Protocol (“SLP”) token specification. The GFT Token will then be distributed as a dividend to its shareholders at a price of a person (1) GFT Token for every single 10 (10) shares of GTII common inventory beneficially held as of a yet-to-be-decided record day.

The GFT Token, whose value would be pegged to the price of GTII’s high-quality art collection, will be distributed from GTII’s digital wallet straight to the electronic wallets of eligible shareholders. The Company will keep all equilibrium of the undistributed GTII Token in its electronic wallet for potential use.

GTII’s Chief Govt Officer, David Reichman, mentioned “This project has been in growth for the very last several months, but contrary to other endeavors that have demanded our consideration inside of the framework of a brief turnaround, this a single has expected a diverse, far more laser-like kind of aim and attention. I am happy of the grit and tenacity exhibited by our specialized workforce, as effectively as administration and our other services providers who have brought this effort to this stage. The finding out curve was quite steep, to say the minimum, and the task carried out by the complete team is one thing I’m quite very pleased of. “

About Worldwide Tech Industries Group, Inc.: GTII, a publicly traded Organization included in the condition of Nevada, specializing in the pursuit of buying new and revolutionary technologies.

Be sure to stick to our Firm at: www.otcmarkets.com/inventory/GTII

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