GLOBAL TECH INDUSTRIES GROUP, INC 8-K, filed Jan 5, 2026
GLOBAL TECH INDUSTRIES GROUP, INC. (GTII)
About this 8-K
GLOBAL TECH INDUSTRIES GROUP, INC filed this 8-K on January 5, 2026.
Items reported
- Item 8.01: Other events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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Item 8.01 Other Events.
As disclosed in a Current Report on Form 8-K filed October 28, 2024, on September 18, 2024, in a case styled White Rocks (BVI) Holdings Inc., et al., v. Reichman, et al., Case No.: A-24-896359-B, Clark County, Nevada, District Court, the Court entered an Order Appointing Receiver (the “Receivership Order”) of Global Tech Industries Group, Inc., a Nevada corporation (the “Company”). Pursuant to the Receivership Order, Paul L. Strickland (the “Receiver”) was appointed as receiver of the Company.
The Receiver has made the determination that, as of 5:00 p.m. EST, on December 29, 2025, Gold Transaction International, Inc. (“GTI Gold”) would no longer be a subsidiary of GTII and assigned ownership of GTI Gold to Todd Chisholm, manager of GTI Gold.
This divestiture does not, in any way, release GTI Gold, its managers, former members or agents from any potential claims or liability.
In completing the divestiture transaction, the Receiver has exercised his authority under the Receivership Order as follows:
37. IT IS FURTHER ORDERED that the Receiver is directed and authorized to undo any transfers, assignments, sales, and/or other contract that was entered into on behalf of GTII either illegally or fraudulently.
38. IT IS FURTHER ORDERED that the Receiver is directed and authorized to seek the claw-back, cancelation, freeze, and/or disgorgement any wrongful issuances, payments, and/or transfers made to Management and/or their family members, friends, affiliates, and other related parties that the Receiver deems are necessary and appropriate.
39. IT IS FURTHER ORDERED that the Receiver is directed and authorized to terminate or reject any contracts or agreements relating to the Receivership Estate at the Receiver’s sole and absolute discretion.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: January 5, 2026.
| GLOBAL TECH INDUSTRIES GROUP, INC. | ||
| By: | /s/ Paul Strickland | |
| Paul Strickland | ||
| Court-Appointed Receiver | ||