Global Tech Industries (GTII)

Company Profile

Global Tech Industries Group, Inc. engages in the acquisition of companies. Its subsidiaries and affiliates operate in the following sectors: intellectual properties, proprietary systems, trade secrets in the bioscience, green-tech and global health technologies, and other new and emerging businesses. The company was founded on July 24, 1980 and is headquartered in New York, NY.

Company profile

Ticker

GTII

Exchange

OTC

Website

www.gtii-us.com

CEO

David I. Reichman

Incorporated

Nevada

Location

New York

Fiscal year end

Dec 31

Sector

Commercial Services > Oil and Gas

Industry (SIC)

Services - Management Services

Terminix Global • Mantech International • Gartner • R1 RCM • Premier • Franklin Covey • Jupai • Evolent Health • Veritec • Phi ...

Former names

GOHEALTH MD INC, NUGGET EXPLORATION INC, TREE TOP INDUSTRIES, INC.

SEC CIK

0000356590

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

1.TTI Strategic Acquisitions & Equity Group, Inc. • Delaware Corporation • G T International Group, Inc. • Wyoming Corporation • Classroom Salon Holdings, LLC • Gold Transactions International, Inc. ...

IRS number

830250943

GTII stock data

1M 1Y 5Y

Latest filings (excl ownership)

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8-K

Changes in Registrant's Certifying Accountant

14 Nov 22

Quarterly report (amended)

10 Nov 22

10-K/A

2021 FY

Annual report (amended)

21 Oct 22

8-K

Departure of Directors or Certain Officers

13 Oct 22

8-K

Departure of Directors or Certain Officers

12 Sep 22

8-K

Completion of Acquisition or Disposition of Assets

26 Aug 22

10-Q/A

2022 Q2

Quarterly report (amended)

17 Aug 22

17 Aug 22

Notice of late quarterly filing

16 Aug 22

Latest ownership filings

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Financial summary

Financial statements Chart GTII financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	280.94 k	280.94 k	280.94 k	280.94 k	280.94 k	280.94 k
Cash burn (monthly)	24.57 k	1.18 k	602.54 k	459.64 k	98.94 k	52.93 k
Cash used (since last report)	146.41 k	7.02 k	3.59 mm	2.74 mm	589.60 k	315.40 k
Cash remaining	134.53 k	273.92 k	-3.31 mm	-2.46 mm	-308.66 k	-34.46 k
Runway (months of cash)	5.5	232.4	-5.5	-5.3	-3.1	-0.7

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

GTII insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
15 Dec 22	David I Reichman	Common Stock	Grant	Acquire A	No	No	0	10,000	0.00	38,786,919
28 Jun 22	David I Reichman	Common Stock	Grant	Acquire A	No	No	0	2,500	0.00	38,861,419
28 Jun 22	David I Reichman	Common Stock	Grant	Acquire A	No	No	0	1,000	0.00	38,858,919
28 Jun 22	David I Reichman	Common Stock	Grant	Acquire A	No	No	0	2,000	0.00	38,857,919
28 Jun 22	David I Reichman	Common Stock	Grant	Acquire A	No	No	0	1,000	0.00	38,855,919
28 Jun 22	David I Reichman	Common Stock	Grant	Acquire A	No	No	0	3,947	0.00	38,854,919
7 Jun 22	David I Reichman	Common Stock	Grant	Acquire A	No	No	1.44	150	216.00	38,850,972
7 Jun 22	David I Reichman	Common Stock	Grant	Acquire A	No	No	1.44	300	432.00	38,850,822
7 Jun 22	David I Reichman	Common Stock	Grant	Acquire A	No	No	1.44	1,000	1.44 k	38,850,522
7 Jun 22	David I Reichman	Common Stock	Grant	Acquire A	No	No	1.44	3,737	5.38 k	38,849,522