John V Whitman Jr., the Company CEO had this to say, “The Company has relied upon Regulation A sales to fund the Company during its startup phase. Regulation A is both a blessing and a curse. It’s a blessing for two reasons: (a) it provides a vehicle to get shares in the public float and allows for a vigorous trading market, and (b) it allows Companies who would not qualify for traditional bank financing to have a resource to generate equity capital. The curse is (a) dilution to shareholders and (b) the loss of confidence from the investing public who has to constantly guess when will the dilution end.”
Whitman continued by saying, “Voluntarily terminating the Reg A is the most positive and impactful move in our short history. My goal from the beginning was to keep the total issued and outstanding below 250,000,000 shares and fund the Company future growth using a combination of revenue generation and debt. We have met those goals. GGToor was born out of necessity after COVID killed the original business model that was Sports Venues. Speaking frankly, that first year had us questioning if eSports was the sector to enter. Since that first year was met with such overwhelming success, it turns out we could not have selected a better sector. eSports is here to stay, and gaming is without parallel the most explosive entertainment sector available today. The tremendous growth over the past two years has been nothing short of miraculous and the future of GGToor is not just bright, it’s brilliant. Only the street held shareholders can determine what value it places on the Company’s stock. Shareholders and those interested in investing in potentially undervalued stock should consult with their financial advisors and take a serious look at GTOR. We are more than confident the market cap of the Company would be reflected with a drastically increased share price if investors would study the history and acquaint themselves with the fundamentals. Unfortunately, far too many rely on the falsehoods spread over chat rooms by people whose only goal is to drive the price down to favor their position in the security. GGToor is comprised of a group of dedicated, hardworking families whose entire lives are devoted to building GGToor into a generational enterprise.”
