Global Tech Industries Group Inc (GTII)

[TheFirm]

Once again I think some of you are confused and misinformed,,, These decade + old stories about Kramer and others is not "Proof" of naked shorts the way you describe. Quite the contrary. They are shares that were released BY THE COMPANY due to a default from the company to pay back the convertible notes, however what happens is they get a legal opinion, submit to a BD who reviews them and also gets a legal opinion and the stock is sold..HOWEVER some of the interpretations are wrong under 144 (Im not explaining that to you all since you all know this I'm sure) and in some cases the COMPANY and the HOLDER were issued free trading stock (by the Transfer Agent) that required a longer holding period due to a variety of reasons, including previous shell status, being current on financials and more and the restrictive legend is releases instead of leaving it on for a longer required period. They are not going into the market and naked short selling a stock...in most cases its a matter of error on all parties and you will see firms, issuers, and individuals have to disgorge because the shares should have been held another 6 months or 12 months...Is there any possible way i can explain this to some of you ? Just trying to inform.