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What legit company pays their CEO in shares?
This relates to GTII how again? she's as clueless as other dingbats, but YOU will be facing the piper soon along with Ferrand, Ace and the others. The class action filed means DISCOVERY will be requested. All e-mails, payments and more will be available. Bigger question is this: They claim they are an 'acquisition company",,,,, how can it be that they have not acquired or even attempted to acquire another company in over a year? what are they doing besides selling the stock on a fake NSS narratives pushed by you? In over a year they couldn't purchase a gas station? a crypto ATM (there are several around my hometown in gas stations)..they couldn't buy anything that may increase revenues from $0.00 to...$10.00 ?
This article never brings up trade settlement or how important it is.
— kristen shaughnessy (@kshaughnessy2) July 9, 2024
It never mentions market manipulation.
It doesn't mention that when shares sold in the U.S. are moved off shore or overseas FINRA allegedly no longer keeps track of them.
It doesn't talk about the… https://t.co/n1EFeZYwBK pic.twitter.com/LgDY6wDYrK
Former Overstock CEO Patrick Byrne fought predatory short selling for more than a decade
— kristen shaughnessy (@kshaughnessy2) July 9, 2024
His advice to other CEO's and retail investors - don't expect Congress, especially the Senate Banking and the House Financial Services committee to help you.
"If you were the bad guys in… pic.twitter.com/QoXMvYJtzA
I'm sorry for your losses...
NO you are wrong I'm and ten others that I know have lots of share still here with no fear .
The lowest it has gone is between 7 - 8 cents. Currently the GTII share price has stabilized between 10 - 12 cents, that IMHO could possibly be the bottom and IMHO could take off from here. IMHO I strongly believe that the Alpine / Kramer bankruptcies might be close or might have already happened, maybe it is not public information. If that is true then now DTCC has to start covering the naked short shares, maybe they are trying to figure out how and when to start covering GTII naked shares as they have to clean up the mess IMHO as per law. So a MOASS could happen suddenly with a burst of high volume and volatility. This also applies to DBMM and other Alpine/Kramer naked shorted stocks. All comments / thoughts are welcome. JMHO
Happy Independence Day!! Maybe you can get the truck that Ferrand was using and driving around claiming Naked Shorts and peacefully drive around the neighborhood where CEO lives and demand answers? At the very least, can you ask the CEO why his masseuse was given 850K shares of GTII (allegedly)...if this is true,,,he is going to jail.
https://dockets.justia.com/docket/california/cacdce/2:2024cv05615/932271
So to recap, in desperation GTII is spending more money to countersue the new lawsuit that was filed against them in a class action last week. In order to defend from the 250+ shareholders suing, they counterclaim another lawsuit which mean .....Sell stock starting next week to pay legal fees.It also means that discovery will be available on EVERYTHING they have claimed and depositions with all involved in claiming a NSS...If you lost big time based on this narrative and press releases, now is the time to join this class action. among the claims in the lawsuit:
Fraud and concealment
False statements ( who knew?)
fake financials (didn't see that coming)
Management held 160 million shares they didnt disclose (there is your short Hammys)
5 million share to a family member ,6 million to an entity of a family member (11 million total)
3 million to CEO's girlfriend (she must be some piece of A_ _ )
4 million to family trusts
21 million shares to a Charity ( could have sworn Stock Barber found that)
Wonder if this is being accumulated all this year and a pump and dump is coming for $.80 to 1.50
Wow... based on the conviction of StayHumble and MumblingBird posting the same story and videos for the 1000th time...I've decided to take out a home equity line and let it ride on GTII !!! thanks guys!
Let's Do a little Counting Exercise Kramer Defrauded:8+
SECAlert:Kramer&AssMgmtLLC|UnregisteredSolicitingEntities (PAUSE) The PAUSE Program lists entities that falsely claim to be registered, licensed, and/or located in the United States in their solicitation of investors.
The PAUSE Program also lists entities that impersonate genuine U.S. registered securities firms as well as fictitious regulators, governmental agencies, or international organizations.
Source: https://www.sec.gov/enforce/public-alerts/unregistered-soliciting-entities/kramer-associates-management-group-llc.
Kramer & Associates Management Group LLC
(Unregistered Soliciting Entities)
42 William Street
New York, NY 10005
Phone: 1-518-336-5002
Fax: 1-518-536-9091
www.krameramg.com
Isn't that the way it always works?
Blame the warning gates when you get hit by the train!
I speak Jive, let me translate what "Getthem" is trying to say in his post:
" What the FUDGE is going on with GTII? where are the daily stories from Ham, Ferrand and Knot legal advice telling me i was going to make millions but instead those clowns Barber and Firm were telling it like it was for over a year and I am ticked off i didn't listen to them"
It's ok, Its not too late Getthem, you may be able to collect something. Take each and every post.video.podcast and download them onto a thumb drive so you can sue them for acting like an unregistered broker and offering financial advice.
What does that mean in English?
This FK GTII driving THE FIRM AND STOCK BAEBER damn crazy screw all of that .
Huge volume again... Wondering if some wirehouses have stopped taking new buy orders due to Yield sign? If you liked it at $1.50 you must LOVE it at .10 right?
..And this is going to be big $$$$ . Im guessing $200k+ when all is said and done. ? Wonder where that cash is coming from? here are some things to reconsider"
1) they claimed a $14 million 'license' as an asset? nobody thought that was odd? who gave you that valuation? what does it give you? A liquor license in NY is worth a lot of $$ but what does this 'license' allow them to do for $14 MILLION DOLLARS?????
2) The 'Art Work"? (Barber first mentioned this)...who gave you this valuation and why is Art part of your assets? A desk, chair, copiers are assets you can claim and depreciate...do you Depreciate the Artwork or the license?
3) Charity ? (StockBaber also noted this a year ago) What is the name of the charity and are they recognized and filing tax returns and have a tax id as a not for profit?
These are basic common sense accounting questions and i have a feeling the new firm will not sign off on it unless they have verification, back paperwork and legal opinions on each and everyone one because these submissions are going to analyzed by SEC with a lab coat. This is no longer about a P N D,,,this is about avoiding Jail time in my opinion. My guess is the stock will have a stop on it before long and the new CPA firm will bail as they could have liability under PCAOB rules....But Kramer and Sabby is the problem, right Gary?
I NakedShort🔥EVERYday-X MorganStanleyEmployee
“Gaming Wall Street”- HBO Documentary
Ex Morgan Stanley employee explains the situation about shorting and naked shorting perfectly!
Again, this is a MUST WATCH video for anyone who believes in shorting (naked or otherwise) of true penny stocks!
I'd love to hear a rebuttal to the facts that he presents!
Watch the WHOLE thing. It can be found on HBO as well as Youtube!
Global Tech Industries Group, Inc. (GTII) Provides Shareholders with Updates on 2022 and 2023 Audits and 2024 Q1 10Q Filing
New York, NY, June 20, 2024 (GLOBE NEWSWIRE) -- (OTC: GTII) Global Tech Industries Group, Inc. (“GTII” or “The Company”), www.gtii-us.com, updated its shareholders regarding the delayed 2024 first quarter report on Form 10-Q, and the reaudit of its financial statements for the fiscal years ended December 31, 2022 and 2023.. As previously reported by the Company, the Company’s financial statements for these years were previously audited by BF Borgers CPA PC (“BF Borgers”). However, on May 3, 2024, the Securities and Exchange Commission (“SEC”) charged firm BF Borgers and its owner with deliberate and systemic failures to comply with Public Company Accounting Oversight Board (“PCAOB”) standards in its audits and reviews, which were incorporated in more than 1,500 SEC filings from January 2021 through June 2023.
Accordingly, the Company was required to retain a new PCAOB certified auditor, and reaudit its fiscal years ended 2022 and 2023 financial statements. On May 7, 2024, the Company retained a new PCAOB certified auditor, FORTUNE CPA (“Fortune”).
Fortune began its work shortly thereafter, and informed the Company that they would begin work on the fiscal year ended 2022 audit, followed by fiscal year ended 2023 audit, and then complete the first quarter 2024 quarterly report on Form 10-Q
GTII had, up until the retention of BF Borgers as its auditor in March of 2023, been successful in maintaining its compliance with accepted PCAOB rules and standards, working with several different PCAOB auditing firms over the years.
David Reichman, Chairman and CEO, stated, “GTII welcomes Fortune as our new auditor. We are working diligently with Fortune to complete the reaudits in an efficient and timely manner, and we look forward to the completion of them soon. As to BF Borgers, the Company’s former auditor, GTII is vigorously pursuing a refund of all fees paid."
About GTII: GTII is incorporated in the State of Nevada, specializing in the pursuit of acquiring new and innovative technologies. For more information, please visit https://gtii-us.com/, and you may follow our Company at: www.otcmarkets.com/stock/GTII.
Please follow our Company at: www.otcmarkets.com/stock/GTII
Safe Harbor Forward-Looking Statements: This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and are relating to the Company’s future financial and operating performance. All statements, other than statements of historical facts, included herein are “forward-looking statements” including, among other things, statements about the Company’s beliefs and expectations. These statements 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 (the “SEC”). Potential risks and uncertainties include, but are not limited to, risks discussed in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the SEC on April 16, 2024, the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2023, filed with the SEC on November 14, 2023, and in the Company’s other filings with the SEC at www.sec.gov. 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.
Global Tech Industries Group, Inc.
511 Sixth Avenue, Suite 800
New York, NY 10011
Info@gtii-us.com
https://www.globenewswire.com/newsroom/ti?nf=OTE1NjU0NSM2MzI1MDgyIzUwMDAyNTU4Nw==
https://ml.globenewswire.com/media/NDFkYTMxMzEtMmQ4Ny00NDUwLTg4ZmMtN2Q3OGFlNmM2YjlhLTUwMDAyNTU4Nw==/tiny/Global-Tech-Industries-Group-I.png
Source: Global Tech Industries Group, Inc.
© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/GTII/news/story?e&id=2896211
https://www.otcmarkets.com/stock/GTII/news/story?e&id=2896211
Just when you think it cant get any worse...this will not be cheap. In light of the funny accounting they were doing this new company will not take any chances and risk PCAOB throwing them out. Class action suits will be flowing shortly in my opinion...seen this before and the admission of counterfeit shars by them will keep David out of jail, but not protect him from big time fines, lawsuits and more.
GTII on June 14th: "We want to reiterate to all our shareholders that GTII management takes the integrity of GTII trading activities very seriously. Management is fully committed to upholding the highest standards of compliance and transparency".
GTII on June 18th: "we erroneously doled out 36 million shares to insiders a year and a half ago"
But hey, Kramer is bad, S.korea is cracking down on NSS and Ham is a God and would never mislead you.
On December 1, 2023 the Company engaged Afshin Luke Rahbari as an advisor to the Company’s Board of Directors (the “Board”). Subsequently, upon a review by Mr. Rahbari it was determined that the Shares were previously erroneously and inadvertently issued and that the cancellation of the Shares was in the best interests of the Company and its shareholders.
https://www.otcmarkets.com/filing/html?id=17624336&guid=wnQ-kqCTdHiqJth
Looks like they are gearing up to defend fraud and class action claims...Here are the 'counterfeit shares" you all talk about...
https://www.otcmarkets.com/stock/GTII/overview
You realize what they did right? they come out with fake news release while at the same time...they now have a yield sign...shrewd. "Pay no attention to the man behind the curtain"!
"If it turns out that people are illegally short selling the stocks, the "perpetrators need to be criminally prosecuted," - Truth Social Spokesman (June 16th)
— kristen shaughnessy (@kshaughnessy2) June 17, 2024
This fight is about stock settlement.
How many shares did the company issue?
How many shares did brokers allow to be… https://t.co/9H9QoyNjsv pic.twitter.com/FB6OnAQir5
w0wKramer improperlyB0T2bill+ LaidlawEGroupShares & sold them to investors(2006-2010) Facts Kramer BOT&sold 1bill+ unregistered BederraCorp Shares that had been misappropriated by that company’s transfer agent (2009-2010)Source: https://www.reuters.com/article/us-sec-pennystock-settlement-idUSBRE9AO11420131125 $DBMM -1 LaidLaw Energy Group Inc (same Link) -6 SpartaCo alleges -8 $DBMM $HPIL $GTII HUD $VNUE Any more?Asking for a Friend Minimum 4 Fraud Cases!
Source: https://www.reuters.com/article/us-sec-pennystock-settlement-idUSBRE9AO11420131125
Let's Do a little Counting Exercise Kramer Defrauded:8+
Source:https://www.sec.gov/litigation/apdocuments/3-17990-event-11.pdf
Bederra Corp -7
Source: https://www.reuters.com/article/us-sec-pennystock-settlement/new-york-penny-stock-financier-settles-sec-charges-idUSBRE9AO11420131125
VVG|KBM|Asher|Toxic Debt Loans around the country
Defendant Seth Kramer is President of KBM |
Defendant Curt Kramer is President of Asher and VVG
Source: https://casetext.com/case/sparta-commercial-servs-inc-v-vis-vires-grp-inc
"Not Kramer but a Fraud Asscociate" (Moot)!
"IT was a Kazillion Years Ago" (Moot)
"Evidence" (moot)!
ALJ Carol Fox Foelak (moot)!
CE drop (moot)!
Timely Filings (moot)
Are Late Filings also Moot? Asking for a Friend.
Happy Belated Groundhogs Day!
02/02/23
SECAlert:Kramer&AssMgmtLLC|UnregisteredSolicitingEntities (PAUSE) The PAUSE Program lists entities that falsely claim to be registered, licensed, and/or located in the United States in their solicitation of investors.
The PAUSE Program also lists entities that impersonate genuine U.S. registered securities firms as well as fictitious regulators, governmental agencies, or international organizations.
Source: https://www.sec.gov/enforce/public-alerts/unregistered-soliciting-entities/kramer-associates-management-group-llc.
Kramer & Associates Management Group LLC
(Unregistered Soliciting Entities)
42 William Street
New York, NY 10005
Phone: 1-518-336-5002
Fax: 1-518-536-9091
www.krameramg.com
FYI Im not a basher but generally, you do not release as "news" that you intend to file a FOIA. You also generally use a Law Firm..I guess 24-0 Wes Christiansen forgot to do this? Lastly, they have had no direct communications with DTCC. They only talk to members. Throw on top they make accusations of Alpine and its a recipe for disaster by rather desperate people. The funny thing is all the information they claim they are seeking...Is public. I have posted it time and again. Alpine can sue them for even mentioning their name ...Im sure they have plenty of $$ to pay the legal team LOL... Team Titanic is selling its monthly 10b-5 100k shares... Hope they didn't do this to coincide with the sale?
Will see, still in a solid downtrend. This little bump did nothing to change that.
I don’t listen to the bashers, only my own DD.
My own DD cannot find any trace of an actual company (beyond corporate shills selling shares) that produces any thing except failed expectations.
You see told u will bounce back forget about the bashers .just watch for the big move .
Global Tech Industries Group, Inc. Reaffirms Commitment to Shareholder Value and Continued Vigilance Against Noncompliant Trading Activities
June 14, 2024 09:25 ET
| Source: Global Tech Industries Group, Inc.
Share
New York, NY, June 14, 2024 (GLOBE NEWSWIRE) -- (OTC: GTII) Global Tech Industries Group, Inc. (“GTII” or “The Company”), www.gtii-us.com, announced today that GTII’s management is taking steps in response to certain recent social media activities concerning short positions or other trading activities of the Company’s shares.
In that regard, GTII has filed a request for information pursuant to the Freedom of Information Act (FOIA) with the U.S. Securities and Exchange Commission concerning a Backtesting Charge the National Securities Clearing Corporation (“NSCC”) indicated it would assess on Alpine Securities (“Alpine”) as related to a concentrated short position in GTII. GTII has also been in communication with the NSCC regarding this matter.
Chief Operating Officer Luke Rahbari stated, " GTII’s management maintains an unwavering commitment to safeguard the interests of our shareholders and to drive sustainable value creation. Our management is dedicated to implementing strategic initiatives and sound governance practices that ensure long-term growth and profitability. We want to reiterate to all our shareholders that GTII management takes the integrity of GTII trading activities very seriously. Management is fully committed to upholding the highest standards of compliance and transparency. Should there be any indication of trading activities that may not align with regulatory requirements, we will take immediate and thorough action to investigate and address such matters. Ensuring fair and compliant trading practices is paramount to maintaining the trust and confidence of our shareholders and the market."
About GTII: GTII is a publicly traded Company incorporated in the State of Nevada, specializing in the pursuit of acquiring new and innovative technologies. For more information, please visit https://gtii-us.com/, and you may follow our Company at: www.otcmarkets.com/stock/GTII
Safe Harbor Forward-Looking Statements:
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and are relating to the Company's future financial and operating performance. All statements, other than statements of historical facts, included herein are "forward-looking statements" including, among other things, statements about the Company’s beliefs and expectations. These statements 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 (the “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. Potential risks and uncertainties include, but are not limited to, risks discussed in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the SEC on April 16, 2024, the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2023, filed with the SEC on November 14, 2023, and in the Company’s other filings with the SEC at www.sec.gov. 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.
Global Tech Industries Group, Inc.
511 Sixth Avenue, Suite 800
New York, NY 10011
Info@gtii-us.com
https://www.globenewswire.com/news-release/2024/06/14/2899024/0/en/Global-Tech-Industries-Group-Inc-Reaffirms-Commitment-to-Shareholder-Value-and-Continued-Vigilance-Against-Noncompliant-Trading-Activities.html
Should be life in prison or death penalty.
Look at this headline!
— kristen shaughnessy (@kshaughnessy2) June 13, 2024
"South Korea Threatens Life in Prison for Illegal Short Selling"
Also illegal short selling ban expected to continue until at least March 2025
"The government will increase financial penalties and jail terms up to life imprisonment for illicit… pic.twitter.com/vDghDuXb8R
I guess nobody has noticed that a company with no revenue, no entities to produce revenue, and no tangible reason for existing has done nothing for a year except sell their stock? A year ago they "acquired' the made up www.aicommercegroup.com which didn't even remember to renew their web site until i said something. ( i was thinking of buying the domain just for giggles) One year to use stock to acquire something, anything that might produce revenues? a liquor store? a gas station? a beverage company like the supposed water company in costa rica? Nothing? How is that stock dividend working out? Remember how Ham and Ferrand and Hammingbird all claimed the massive shorters would have to cover? oddly the stock has plummeted since the payout. Nice work management. Convince people to stay in, issue more stock and then that gives the insiders more to sell while loyalists continue to hold
If you drop a cat off the top floor of a 30 story building, it will bounce back initially too.
I hope you are correct, but I think it’s unlikely.
I said will bounce back and it did i see it up from here and the time will tell no rinse no bulls will go back to 2.50 in no time .
Bounce back with absolutely no value except a shell?
This will go to trips, RS, rinse and repeat.
Let me write the SEC complaint for you.
Dear SEC
For over 2 years me, Ham, Ferrnand, Ace, and stay humble have spread lies ,rumors and innuendos in order to do a gamestop type of short squeeze but at each turn, The Firm and Stock Barber have called out our lies and have been 100% correct no matter how many times we have posted unrelated side show distractions about Kramer, Sabby Management and S, Korea... The audacity of these two to tell the truth and point out the fact that the company produces nothing, hasn't had revenues in years and claims a painting as an asset while the insiders have been unloading shares for 24 months at inflated prices!!! We would like a cease and desist order in place against them for telling the truth.
Sincerely
Hummingbird2
No hard feeling Mr The Firm this will recover and bounce back and who ever sell here will take a big lost just hang on there and will not be sorry ..... this is my humble opinion
It is over HAM...
Time to issue a formal apology and PRAY that you and your accomplices don't get your asses sued off for the lies that you spread and the millions that you made deceiving others with your lies!
I think that you will end up in bankruptcy and/or prison!
At the very least... hiding overseas somewhere!
Report 🤡HAM💩 and his 🤡Hummingbird💩 ID to the SEC!
Although, I assure you... they are very aware already!
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$DBMM -1
Source:https://www.sec.gov/litigation/apdocuments/3-17990-event-11.pdf
LaidLaw Energy Group Inc (same Link) -6
Bederra Corp -7
Source: https://www.reuters.com/article/us-sec-pennystock-settlement/new-york-penny-stock-financier-settles-sec-charges-idUSBRE9AO11420131125
SpartaCo alleges -8
VVG|KBM|Asher|Toxic Debt Loans around the country
Defendant Seth Kramer is President of KBM |
Defendant Curt Kramer is President of Asher and VVG
Source: https://casetext.com/case/sparta-commercial-servs-inc-v-vis-vires-grp-inc
$DBMM $HPIL $GTII HUD $VNUE
Any more?Asking for a Friend
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