Source: Market Exclusive

Gcaequitypartners: GLOBAL TECH INDUSTRIES GROUP, INC. (OTCMKTS:GTII) Files An 8-K Termination of a Material Definitive Agreement

Global Tech Industries Group, Inc., a Nevada corporation (“GTII”), First Capital Master Advisor, LLC, a California limited liability company (“FCMA”), and GCA Equity Partners (“GCA”) (collectively, the “Parties”), having previously entered into a binding Letter of Intent, dated April 12, 2019 (“Original Agreement”), as amended on May 5, 2019. On or about December 26, 2019, the Parties mutually agreed in writing by an exchange of offer and acceptance emails to terminate the Original Agreement, as amended, for all intents and purposes, with no Party deemed to be at fault therefore, and with each Party having no further obligation to the other Party. Accordingly, the Original Agreement, as amended, is declared terminated, effective December 26, 2019.

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Est. Annual Revenue
$100K-5.0M
Est. Employees
25-100
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