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GGTOOR, Inc. (OTCMKTS:GTOR) Announces Management Report for the Week Ended July 23, 2022
GGTOOR, Inc. (OTCMKTS:GTOR) Announces Management Report for the Week Ended July 23, 2022.
About this update from Ggtoor Inc.
[{"type":"text","content":"\n THOMASVILLE, GA, July 27, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire --GGTOOR, Inc., (OTCMKTS:GTOR) (“GGTOOR, Inc.”, “GTOR”, or the “Company”), an emerging leader in the eSports markets, announces the Company has not closed or inked any additional GGTOORCITY virtual property purchases other than the one announced on July 19, 2022. The Company considers a “deal inked” when the purchaser has signed a legal and binding commitment to purchase. The Company considers a “Closing” has been successful when the purchaser has met its obligations in terms of rendering payment. The Company has several pre-commitment clients who have verbally committed to purchase but are arranging their financing prior to signing a legal commitment to purchase. The Company will update the public in real time as sales enter either the “Inked” phase or the “Closed” phase of the purchase process. Before the Company agrees to ink a deal with a legal and binding commitment to purchase, the Company has determined the purchaser has the financial strength and credit worthiness to complete the purchase.  The Company returned to a full schedule of tournaments. During the Metaverse Expo 2022, July 8th through 10th, the Company only held one tournament and it was co-sponsored with TCG World and it was held at the Expo. As the Company offers events for a solid roster of established games, it continues to expand support for new games and new communities, establish new paradigms to expand the types of organized play that we can make available, and develop new strategies to accelerate growth of player registrations. The Company put another solid week in the books for GGToor, including the conclusion of our Clash of Clans event which drew over 400 participants! This week's Duel Links event was the company’s first major tournament in a brand new meta for the game. Not only did a recent banlist weaken the best decks of the previous meta -- D/D/D and Burning Abyss -- but the skill re-balancing gave the Rose Dragon synchro deck a much needed buff. What was once considered a meme deck became the most played deck today, with 25 players piloting it, and many of the players that didn't bring Rose Dragons made tech choices with the deck in mind. We saw heavy use of the anti-synchro c...