GTII. The next squeeze ? This week is key

Search

Member
Joined
Apr 30, 2009
Messages
4,886
Tokens
I'm still a bit confused due to my inexperience.
Seems there ate 56m shorts that need to get covered?
And if people wont sell the price gets driven to the moon?
 

Member
Joined
Jan 19, 2005
Messages
3,248
Tokens
d50c0c17-2290-43c0-8b55-c1a633e48488

GLOBAL TECH INDUSTRIES GROUP, INC.’s BEGINS WARRANT DISTRIBUTION MAILING

April 12, 2021 11:15 ET | Source: Global Tech Industries Group, Inc.


  • [*=center]
    [*=center]...


New York, April 12, 2021 (GLOBE NEWSWIRE) -- (GTII: OTCQB) Global Tech Industries Group, Inc. (“GTII” or the “Company”), www.gtii-us.com announced today that it has commenced the shareholder mailing that provides the general terms and information regarding the Warrant Distribution, which will continue throughout the week. This will advise all GTII shareholders of the Warrant distribution and how they can claim their dividend in the form of a Warrant if they choose to participate.

As a reminder, the general terms of the Warrant Distribution provide that the Company’s shareholders of record as of April 1, 2021, will receive 0.10 of a Warrant for each share of the Company’s common stock held as of the record date. Each full Warrant will represent the right to purchase one share of common stock for cash at an exercise price of $2.75 per share.
As the Warrants are not DTC eligible, they will be processed by the Company’s transfer agent as follows:
All Warrants will be issued in book-entry form.
If you are a registered shareholder of the Company and hold your common stock shares in certificate or book-entry you need not do anything to receive your Warrants, as the transfer agent will issue your Warrants directly to your account via book-entry.
If you hold your common stock shares in “street name,” through banks, brokers or other DTC participants, the transfer agent will allocate Warrants to each participant based upon their DTC position as of the record date. The participant should ensure that each of their beneficial owners are properly allocated the Warrants from their Warrant allocation from the transfer agent.
If your Warrants have been allocated to your account by your broker, you may move your Warrants to direct registration with the Company by requesting your broker to contact the transfer agent. Upon contact from the broker, the transfer agent will move your Warrants from your broker to a book entry account in your name.


Inquiries from shareholders or participants regarding the Warrant Distribution can be directed as follows:
Email: GTII@allianceadvisors.com
Tel: 855.200.8651
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.
Please follow our company at: www.otcmarkets.com/stock/GTII

 

Member
Joined
Dec 13, 2007
Messages
11,315
Tokens
Like Gamestop this might take a few moments/week or two to play out...if I'm reading this right?

great stuff that call was most entertaining
 

Member
Joined
Jan 19, 2005
Messages
3,248
Tokens
d50c0c17-2290-43c0-8b55-c1a633e48488

GLOBAL TECH INDUSTRIES GROUP, INC. UPDATES WARRANT DISTRIBUTION INFORMATION

April 14, 2021 11:21 ET | Source: Global Tech Industries Group, Inc.



  • [*=center]
    [*=center]...


New York, NY, April 14, 2021 (GLOBE NEWSWIRE) -- (GTII:OTCQB) – Global Tech Industries Group, Inc. (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today an update regarding its previously reported warrant distribution.

The Company has recently received a number of inquiries from shareholders regarding the procedure for moving warrants from their brokerage accounts to direct book-entry registration with the Company’s transfer agent, if they so choose.
In an attempt to respond to those inquiries, shareholders should note the following:
• If you held your common stock in “street name” as of the record date of April 1, 2021, and your Warrants have been allocated to your account by your bank or broker, you nevertheless maintain the right to move your Warrants to direct registration with the Company’s transfer agent by making such request directly to your bank or broker.
• To assist you in this process, if you make such an election, the Company has posted on its website a “Shareholder Request to Bank/Broker” form that you may use, which may help expedite the process. http://gtii-us.com/wp-content/uploads/2021/04/2021-Warrant-Exercise-Form.pdf
• If you decide to use this form, please remember to email a copy of the completed form to the Company’s transfer agent via email, simultaneous with the transmission to your bank/broker, as instructed on the form.
• If you are a registered shareholder of the Company and held your common stock, as of the record date, in certificate or book-entry form through the transfer agent do not need to do anything to receive your Warrants, as the transfer agent will automatically issue your Warrants directly to your transfer agent account via book-entry.
Inquiries from shareholders or participants regarding the Warrant distribution can also be directed as follows:
Email: GTII@allianceadvisors.com
Tel: 855.200.8651
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.
Please follow our company at: www.otcmarkets.com/stock/GTII

 

Member
Joined
Jan 19, 2005
Messages
3,248
Tokens
naked short just keeps shorting more .....
d50c0c17-2290-43c0-8b55-c1a633e48488
[h=2]UPDATE GLOBAL TECH INDUSTRIES GROUP, INC. UPDATES WARRANT DISTRIBUTION INFORMATION[/h]April 15, 2021 09:30 ET | Source: Global Tech Industries Group, Inc.

New York, NY, April 15, 2021 (GLOBE NEWSWIRE) -- (GTII:OTCQB) – Global Tech Industries Group, Inc. (“GTII” or the “Company”), [url]www.gtii-us.com[/URL], a Nevada corporation, announced today an update regarding its previously reported warrant distribution.

The Company has recently received a number of inquiries from shareholders regarding the procedure for moving warrants from their brokerage accounts to direct book-entry registration with the Company’s transfer agent, if they so choose.
In an attempt to respond to those inquiries, shareholders should note the following:
• If you held your common stock in “street name” as of the record date of April 1, 2021, and your Warrants have been allocated to your account by your bank or broker, you nevertheless maintain the right to move your Warrants to direct registration with the Company’s transfer agent by making such request directly to your bank or broker.
• To assist you in this process, if you make such an election, the Company has posted on its website a “Shareholder Request to Bank/Broker” form that you may use, which may help expedite the process. [url]http://gtii-us.com/wp-content/uploads/2021/04/Shareholder-Request-GTII-Dividend-Warrant.pdf.[/URL]
• If you decide to use this form, please remember to email a copy of the completed form to the Company’s transfer agent via email, simultaneous with the transmission to your bank/broker, as instructed on the form.
• If you are a registered shareholder of the Company and held your common stock, as of the record date, in certificate or book-entry form through the transfer agent do not need to do anything to receive your Warrants, as the transfer agent will automatically issue your Warrants directly to your transfer agent account via book-entry.
Inquiries from shareholders or participants regarding the Warrant distribution can also be directed as follows:
Email: GTII@allianceadvisors.com
Tel: 855.200.8651
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.



 

Member
Joined
Jan 19, 2005
Messages
3,248
Tokens
Quick comment

The play is all about , will any, or all of these brokerage firms force a buy in because of this warrant div policy .

it could come anytime, or never .
 

Member
Joined
Jan 19, 2005
Messages
3,248
Tokens
GLOBAL TECH INDUSTRIES GROUP, INC. ANNOUNCES THE PURCHASE OF AN ORIGINAL PICASSO ETCHED ENGRAVING TO ESTABLISH DIGITAL ART PLATFORM





New York, NY, April 23, 2021 (GLOBE NEWSWIRE) -- (GTII:OTCQB) Global Tech Industries Group, Inc. (OTCQB:GTII) ("GTII" or the "Company"), www.gtii-us.com, a Nevada corporation announced today that it is in the process of animating a digital platform, formed together with Alt5 Sigma, for the purpose of acquiring fine art and other collectibles that will be tokenized and eventually issued to its shareholders as Tokenized value dividends. This undertaking signifies a new and revolutionary method for offering value to GTII shareholders and as a way of participating in the shared ownership of fine art and collectibles.


Mr. Ronald Cavalier, founder of Cavalier Galleries Inc. www.cavaliergalleries.com., a group of four art galleries, with locations in Greenwich, CT, New York City, Nantucket Island, and Palm Beach, FL. was retained earlier this month by GTII as an expert consultant in the procurement and purchase of fine art for the digital platform project. Mr. Cavalier engineered the purchase of the original Picasso at a Phillips Auction House in New York City. The picture, ‘Quatre Femmes Nues Et Tete Sculptee' was executed in 1934 on Montval laid paper and published by A. Vollard, Paris, in 1939. The purchase will function as the cornerstone of GTII's digital fine art and collectibles platform, and be the first of several potential acquisitions. The move to purchase such a celebrated and valuable piece of fine art demonstrates GTII's commitment to the digital platform undertaking. It also shows shareholders that a Tokenized value dividend derived from this venture may represent an opportunity for them to own a portion of assets that may appreciate over time as the digital platform expands and acquires new and unique pieces of fine art and collectibles.
As previously announced, GTII is working with Alt5 Sigma, a digital assets trading, exchange and custodian services provider headquartered in New York City, to construct and stage the platform to allow shareholders and the public to set up ‘digital wallets' for the purpose of investing in fine art and collectibles using non-fungible tokens. Alt5 Sigma has already started its work in tailoring GTII's digital platform to the Company's needs, and is working to tokenize the newly acquired Picasso.
Alt5 Sigma was created by financial industry specialists out of the necessity to provide the digital asset economy with the best practices in security, accessibility, transparency and compliance, which will allow GTII to provide its shareholders and the public the ability to buy, sell and hold digital assets in a safe and secure environment.
GTII has contacted SEC counsel to flesh out the process and methods needed to present the Company's vision to the SEC. GTII believes that digitized, tokenized fine art and collectibles in the form of Tokenized value dividends for its shareholders is an idea whose time has come.
David Reichman, GTII's Chief Executive Officer, stated, ‘We believe that our vision of a digitized platform for fine art and collectibles, and the benefits it offers to our shareholders, far outweighs any challenges associated with actualizing this opportunity in the very near future. We are at work on this now 24/7, and the clock is ticking. Having purchased the Picasso, we demonstrated to our shareholders and to all our other constituents that GTII is committed and on the move."
Ron Cavalier, stated, "The 1930s were a very import period for Picasso, I am thrilled that we were able to acquire Pablo Picasso's ‘Quatre femmes nues et tête sculptée' etching (1934), published by the great dealer Ambroise Vollard in Paris, 1939. We are looking forward to building an important art collection for GTII that we can share with its stockholders."
Andre Beauchesne, President of Alt 5, stated, "We are thrilled to support GTII's vision for digitized art and collectibles. The Picasso purchase is a milestone for the Company in effecting its new strategy, and we are committed to helping GTII drive long term value through leveraging the Alt 5 technology suite."
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.
Please follow our Company at: www.otcmarkets.com/stock/GTII




 

Member
Joined
Jan 19, 2005
Messages
3,248
Tokens
$GTII. This news is so great we need a conference call to go over tomorrow This trap will have firm screaming. Lol. Sat 12. noon est Hey shorty join the fun Please join in. 425-436-6326Acces code 3766434
 

Member
Joined
Jan 19, 2005
Messages
3,248
Tokens
If you followed what happened to GameStop , that’s what it could mean . They are trying to force this naked short to be bought in

The CEO is obviously on board and playing ball, between this warrant and possible future dividends, the pressure is building

Shorts are tough , this is a tricky game as they usually win, but not always

I got shaken out of a few shares on the way down , but bought a little back at 1.50

here is the call if you missed it

https://soundcloud.com/aa-aa-989774038/gtii-call-0424
 

Member
Joined
Jan 19, 2005
Messages
3,248
Tokens

This does a better job



  • 1st the short sold another 420,000 shares again out of 723,000 that traded over 1,200,000 for the week these are new shorts who jumped in after dividend so we have MORE GREAT NEWS

    Now after the news comes out THEY Blasted away to drive stock lower Here is NEWS if you missed it READ it
    https://finance.yahoo.com/news/global-tech-industries-group-inc-183700174.html


    GTII in all my years is the BEST setup Short squeeze stock ever


    1) GME shows you the upside

    2) recent cutbacks in loans to hedge funds Cut leverage down (If big boys are getting cut These morons are 100% getting cut

    3) The Warrant has firms upside down and exposed

    4) The Shorts doing what they always do JUST keep making it better sell more and more over 1M a week it adds up FAST

    5) The Picasso digital dividend is what OSTK did stock went form $3 to $128 IMPOSSIBLE to deliver ownership

    6) all the new shorts that joined the party are now TRAPPED they thought after 1st dividend longs would sell so they shorted it & drove it down NOW we have the big short and 6 small players Trapped ( great news)

    7) Company has Merger with ALT5 still on table

    8) More digital Art Dividends on way ENDLESS and creates value for longs and Impossible to deliver


    9) The best one They have to sell stock cheaper

    A) Margin if it goes higher KILLS THEM

    B) If the stock goes past $2.75 People will exercise the Warrant and the firms dont have them


    A real short would let it go higher Make more money THESE GUYS are Trapped Cant let it go up and the more they sell The worst it gets

    ( FOR THE
    1000000000000 TIME they always sell on NEWS So Please dont ask me again )

    Part of Fraud To get you to panic and sell

    So for those who do play that game and sell and try and buy back ( 1 time you do it and stock GOES up you miss

    the ride to make pennies Think how the GME longs who sold at $7,10,50 feel today

    BTW the sell on news was Created by SHORTS why sell when a company announces Good news?


    Many question on how they get away with it

    Techniques Used to Circumvent Reg SHO

    The SEC has limited enforcement ability and seems to be content to allow Wall Street and the DTCC to police themselves. This was made evident in one lawsuit that I read in which a household name Prime Broker was alleged to have committed numerous illegal actions. These are representative of techniques that are used routinely across Wall Street by almost all prime brokers. Examples are:

    § permitting important hedge fund clients to bypass the locate requirement when entering short sales,
    § creating and distributing easy to borrow lists that improperly included threshold and hard-to-borrow securities to the firm’s proprietary traders and clients
    § concealing FTDs through washed and matched trades, i.e. rolling over an FTD to another broker dealer
    § transacting illegal stock sales in dark pools off the primary markets to avoid NYSE oversight and to maintain anonymity
    § failing to reasonably supervise that locates were obtained and/or documented for short sales
    § falsely marking short sales as long on order tickets to conceal naked short positions,
    § falsely representing that they either possessed the borrowed securities or had located them for borrowing and delivery.
    § failing to make legitimate or reasonable efforts to locate shares prior to short selling,
    § entering into fictitious option contract to conceal naked short sales;
    § using the DTCC stock borrowing program as a means to conceal naked short sales,
    § submitting fake short interest and other reports to regulators;
    § concealing their activity through falsely reporting shares created through illegal naked shorting as shares in brokerage statements of investors as if these assets were representative of real shares
    § concealing their activity by issuing voting material to shareholders with nonexistent assets who have no corporate rights including the right to vote shares,
    § failing to comply with responsibilities and duties to investigate and report suspicious transactions to regulatory authorities

    c call info


    1) how to get your warrants we have a few firms NOW letting investors do it we have details how



    2) Update on Yesterdays Great news How does it work and Wall St still cant figure out Warrant Now a PICASSO



    CONF CALL #
    425-436-6326 access code 3766434


    Regards and Keep On Winning ,
    Jack Stewart





 
Last edited:

Member
Joined
Feb 28, 2005
Messages
8,798
Tokens
Thanks Bruce. I may add a few shares this week. I'm in for under $350, so I don't mind this risk.
 

Forum statistics

Threads
1,108,973
Messages
13,456,116
Members
99,442
Latest member
allflooringny
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com