Global Tech Industries Group Inc (GTII)

[TheFirm]

OMG... who tells you these thing? do you just repeat what others say or do you practice ignorance? The Restricted shares can be sold under rule 144 or Reg A. its not just for acquisitions. So when GTII runs out of cash, they can take on $$ via a promissory note (say $100k) and agree to pay it back within 12 months at 10% interest. If the money is not paid back, they have in the promissory note that they can hand over stock instead. They also can use it to give to personnel of the firm (Luke?) or to pay for services . its not a bad thing to have if you are say..TESLA and want to use stock to buy another company or if you want to set up an ESOP ( i will let you look that up) ...but when you are a penny stock with no known revenues or even a reasonable business plan, most people look at this and say "oh...There is more in restricted stock than there is in the float or unrestricted so no matter what, my stock can be diluted".. Restricted 228,467,828 vs Unrestricted
141,433,029 ... this allows them to hand out stock like candy to lenders... besides...what acquisitions have they made? Boca Del Toro? A.I. Commerce group? 1800-LAW-FIRM. CREATD? Do you know what a REG A is? (more bad news for you)..Under REG A the company can make a filing with SEC and offer its stock our FREE AND CLEAR (no restrictions) at a discount of about 20% to current market price. So lets say its trading for .30 cents... under REG A they can sell it to qualified individuals (i will let you look that up too) at around .24 cents per share...a subscription agreement is signed, wire gets sent and PRESTO ...5 million shares (or more depending on size) gets sent to client's account free to clear/trade today... what do they do? blow it out as soon as possible because they have a 6 cent advantage over you. Class dismissed for today. Happy Easter