Global Tech Industries communicates with brokerage firms over stock dividend

Global Tech Industries Group has communicated with eight major brokerage firms through a registered letter in order to ensure that the stock dividend issued on April 29, 2023 is appropriately deposited into shareholders’ respective accounts. Furthermore, GTII wishes to inform shareholders that if they wish to deposit their shares in advance, they should complete a Stockholder’s Representation Letter,, which outlines the procedures to deposit their shares in advance. In any event, GTII believes that all shareholders should have their shares deposited on or around April 29, 2024, which marks the one year date from the date of issuance of the stock dividend. Liberty Stock Transfer GTII’s transfer agent is also sending out a general information letter to the brokers that offers further clarification and assistance in responding to the receipt of any Stockholder’s Representation Letter, on the basis of a blanket legal opinion concerning the stock dividend held by Liberty. David Reichman, Chairman & CEO of GTII, stated, “We appreciate our shareholders’ patience in awaiting the depositing of their 10% stock dividend. We will continue to support our shareholders and are doing everything we can to facilitate the process for them to obtain their dividend shares.”