Global Tech Industries Group Inc. (OTCQB: GTII)
Global Tech Industries Group Inc. (OTCQB: GTII) is a mini conglomerate. The company’s subsidiaries and affiliates include intellectual properties, proprietary systems, and trade secrets in bioscience, green tech and global health technologies, among other new and emerging businesses.
Global Tech provides the protective umbrella of a publicly listed, fully compliant, SEC-audited company to acquisition candidates, as well as structure, transparency, potential capital raise and significant growth potential. Global Tech can deliver the means, through incubation, for private companies to become public entities in good standing.
It is seeking opportunities to utilize its intellectual properties and relationships with valued business associates.
Digital Art Platform
GTII is in the process of animating a digital platform, formed together with Alt5 Sigma, for the purpose of acquiring fine art and other collectibles that will be tokenized and eventually issued to its shareholders as tokenized value dividends. This undertaking signifies a new and revolutionary method for offering value to GTII shareholders as a way of participating in the shared ownership of fine art and collectibles using non-fungible tokens (NFTs). Because of the ability of blockchain technology to assure the unique signature and ownership of NFTs, digital art was an early use case for NFTs.
The company purchased an original Picasso at a Phillips Auction House in New York City. The etching, ‘Quatre femmes nues et tête sculptée’, was executed in 1934 and published by A. Vollard, Paris, in 1939. It is signed in pencil, from the edition of 260 and numbered ‘347’ in the Henri Petiet inventory system in the lower left corner. Picasso’s signature can be seen in the lower right corner. This purchase will be the first of several potential acquisitions. The move to purchase such a celebrated and valuable piece of fine art demonstrates GTII’s commitment to the digital platform undertaking.
Gold Transactions International Inc.
GTII, with the assistance of a private network, purchases gold from artisan miners throughout the world and transports, assays, refines and sells the gold in the DMCC, a free trade zone in Dubai. This private network of security firms and gold buyers provides GTII with access to small gold operations in the regions within reasonable shipping distance of Dubai. GTII’s private network entities are members of the DMCC, giving them access to multiple refineries and secured gold vaults. The DMCC processes and trades one-fourth of the world’s gold supply.
David Reichman is CEO of Global Tech Industries. Previously, he maintained a business management and tax law consulting group. He was a co-general partner and tax matters partner in Harrison Recycling, a company that operated recycling equipment for non-biodegradable Styrofoam and styrene. He also worked for American Express, where he held several positions, including manager of budget and cost. He has an MBA from Northeastern University, as well as specialized education in business and scientific theory from The Wharton School of University of Pennsylvania and IBM Systems Scientific Institute.
Kathy M. Griffin is President of Global Tech Industries. She started her career at Superior Brands, where she held several positions, including international marketing manager. She also managed Koning US Inc., a consumer products marketing company, and worked at Specialized Technology Resources Inc., a global provider of supply chain, corporate social responsibility, and consulting services. She has a bachelor’s degree from Boston College University, and a master’s degree in public administration from the University of Massachusetts John McCormick Graduate School of Policy and Global Studies.