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GGTOOR, Inc., (OTCMKTS:GTOR) Announces Management Report for the Week Ended May 28, 2022
GGTOOR, Inc., (OTCMKTS:GTOR) Announces Management Report for the Week Ended May 28, 2022.
About this update from Ggtoor Inc.
[{"type":"text","content":"\n GGTOOR Has Successfully Signed Its Deal THOMASVILLE, GA, May 31, 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 successfully signed a deal valued at over $100,000,000. On June 14, 2022, the Company will launch GGTOORCITY in a Metaverse. GGTOORCITY will be comprised of 2,145 commercial parcels of land in the Metaverse that will produce a total of 4,144 commercial and residential parcels. GGTOORCITY will be an entire Metaverse City made up of businesses and corporations across a variety of sectors. The Company expects the majority of buyers will be in the entertainment, retail, or gaming businesses. Parcels can be purchased starting June 14, 2022, using the world’s top Crypto Currencies and prices will start at $8,400 with the largest parcels priced at $28,000,000 each. The deal is being paid for by utilizing the Company’s blank check preferred stock. By using blank check preferred stock to fund this massive purchase, the Company will not dilute shareholders. Due to the complexity of interfaces between GGToor and the Metaverse, the Company will not be releasing the name of the Metaverse or additional details until 9:00 AM EST on Tuesday, June 14, 2022. The Company needs two weeks to prepare for what it believes will be a massive interest. Hundreds of links, bank accounts and details must be completed before the Company can allow the public to attempt viewing the sites involved. The weekly report for the week ended June 4, 2022, will contain Zoom Call coordinates so anyone who wishes to hear complete details of the transaction live can do so or the weekly report for the week ended June 14, 2022, to be released at 9:00 AM EST on that day, simultaneous with the Zoom call, will contain all the details that will be disclosed by the Company CEO, John V Whitman Jr during the Zoom call. GGToor Inc., founder/CEO has this to say: “This deal has been in the works for months and it involved hundreds of moving parts. Structure was critical because Regulation A, which the Company has a qualified registration, does not allow Regulation A shares to be used for acquisitions. I also did not want to burden the Company with a massive debt. When full d...