Business
Global Tech Industries Group, Inc. retains Christian Levine Law Group to investigate possible naked short selling.
Global Tech Industries Group, Inc. retains Christian Levine Law Group to investigate possible naked short selling..
About this update from Global Tech Industries Group, Inc.
[{"type":"text","content":"\n New York, NY, Nov. 30, 2022 (GLOBE NEWSWIRE) -- (GTII: OTCQB) Global Tech Industries Group, Inc. (“GTII” or “The Company”), www.gtii-us.com, announced today that its board of directors approved and instructed management to negotiate and execute a service agreement with The Christian Levine Law Group, as well as Warshaw Burstein, LLP, to review the trading history of the Company’s common stock for the past two years. The Company believes it may have been the target of a market manipulation scheme involving naked short selling of its common stock. According to various publicly disclosed sources, these two firms, during the past 22 years, have successfully prosecuted and collected millions of dollars in aggregate damages on behalf of their clients from broker-dealers, market-makers, hedge funds, and asset-based lenders who have engaged in such market manipulation schemes. About GTII: 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/. Please follow our Company at: www.otcmarkets.com/stock/GTII Harbor Forward-Looking Statements: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 could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary stat...