Global Tech Industries Group, Inc. (GTII) Executes Binding Agreement with Bronx Family Eye Care

23
Google Ads

Miami, FL – March 25, 2021 (EmergingGrowth.com NewsWire) — EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Global Tech Industries Group, Inc. (GTII: OTCQB)

New York, New York, March 25, 2021 (GLOBE NEWSWIRE) — (GTII: OTCQB) Global Tech Industries Group, Inc. (“GTII” or “The Company”), www.gtii-us.com, a Nevada Corporation, signed a binding Letter of Intent (“LOI”) with Bronx Family Eye Care, Inc., a New York corporation engaged in the business of full scope optometry. Through their four locations, three of which are in the Bronx, and one of which is in Manhattan, New York, Bronx Family Eye Care, Inc.’s certified optometrists use cutting-edge equipment to provide diagnosis and treatment for diseases of the eye, as well as corrective eyewear, to residents of the Bronx and Upper Manhattan. Bronx Family Eye Care, Inc. performs edging of lenses in-house, which allows for turnaround times of as little as 24 hours. A definitive stock purchase agreement and formal closing are expected within the next thirty (30) days.

GTII’s Chief Executive Officer, Mr. David Reichman stated, “We made the decision very quickly that Bronx Family Eye Care, Inc. would be a great fit for our company, as part of our mission is to acquire companies that have interesting and diverse businesses as well as to serve the public interest. The fact that the company is already generating revenue is another tremendous positive for our balance sheet and our plans moving forward.”

Bronx Family Eye Care, Inc. Chief Executive Officer, Nikolay Bitsenko, added, “since its inception in 2014, Bronx Family Eye Care, Inc. has pursued the simple, yet complex, goal of treating diseases of the eye, as well as providing corrective eyewear to our community, whether to residents of the Bronx, or to our work with non-profit organizations. Joining the GTII team should allow us to expand our reach into new markets and new technologies.”

About Global Tech Industries Group, Inc.: GTII is 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 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 statements set forth in the Company’s 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.

Google Ads

Blaine Riley – br@intlmonetary.com 
International Monetary
620 Newport Center Drive, #1100
Newport Beach, CA 92660
949.200.4601

www.gtii-us.com 

About EmergingGrowth.com

Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets. We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth. Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community. Through our parent Company, we also have the ability to facilitate road shows and virtual conferences to present your products and services to the most influential investment banks in the space.

All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is not the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks.  EmergingGrowth.com, or its associates may have a position either long or short in any company mentioned herein. Please read our full disclosure, which can be found here, http://emerginggrowth.com/disclosure/. Please consult an investment professional before investing in anything viewed within this article or any other portion of EmergingGrowth.com. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.