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GLOBAL TECH INDUSTRIES GROUP, INC. ANNOUNCES LAUNCH OF BETA


GlobeNewswire Inc | Jun 11, 2021 03:59PM EDT

June 11, 2021

New York, NY, June 11, 2021 (GLOBE NEWSWIRE) -- Global Tech Industries Group, Inc. (OTCQB: GTII) (GTII or theCompany), www.gtii-us.com, a Nevada corporation, announced todaythat the beta version of its digital wallet Beyond Block Pay should be available on Monday morning, June 14, 2021 to anyone who is interested in establishing a Beyond Block Pay account. The new website address will be announced by the Company on Monday, June 14th..

Through GTIIs agreement with Alt5 Sigma, Inc. (Alt5), the Beyond Block Pay digital wallet and the launch of its crypto currency exchange Beyond Blockchain is intended to enable customers to trade cryptocurrencies (such as Bitcoin, Bitcoin Cash, Bitcoin SV, Litecoin, Ethereum, and Tether), tokens, FX, commodities (physical gold and silver), and other assets, such as fractionalized interests in tokenized fine art, through the Companys digital assets platform. As was previously announced, the Company acquired an original Picasso etching to begin the formation of its planned digital fine arts and collectibles platform. The work, entitled Quatre femmes nues et tete sculptee was executed in 1934 on Montval laid paper and published by A. Vollard, Paris, in 1939 (the Picasso Etching). Also, in early June, the Company completed another fine arts collectible purchase, Bianca Jagger Birthday Party at Studio 54 a gelatin silver print, taken in 1977. These two acquisitions, in conjunction with GTIIs partnership with Cavalier Galleries, have formed the basis of what we hope will be a significant digital arts portfolio that could appeal to both classic and contemporary fine art collectors.

The technologies being provided through GTIIs agreement with Alt5 will house any tokenized and fractionalized assets that the Company may distribute to its shareholders.

David Reichman, CEO of GTII commented We are very pleased that we are close to making available the beta version of our Beyond Block Pay digital wallet, which will serve as the entry point to the Companys digital assets platform. We look forward to advancing the roll-out of our platform and enhancing its functionality as we prepare to include our fine arts digital assets on the platform.

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

Safe Harbor Forward-Looking StatementsThis 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 assetsthat will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Companys most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Words such as estimate, project, predict, will, would, should, could, may, might, anticipate, plan, intend, believe, expect, aim, goal, target, objective, likely or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

Mike KingPrinceton Research, Inc. 3887 Pacific Street, Las Vegas NV702.338.2700







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