Worldwide Tech Industries Team, Inc., We Supergreen Energy
New York, Aug. 24, 2021 (World NEWSWIRE) — (GTII: OTCQB) International Tech Industries Group, Inc. (“GTII” or “the Company”), www.gtii-us.com, a Nevada Corporation, declared today that it has entered into a definitive letter arrangement (the “Letter Agreement”) with We SuperGreen Strength Corp., (“WSGE”) and the shareholders of WSGE (the “WSGE Shareholders”).
Below the phrases of the Letter Settlement, GTII will get 100% of the issued and fantastic funds stock of WSGE from the WSGE Shareholders, which will outcome in WSGE becoming a wholly-owned subsidiary of GTII at the closing of the transaction, which the get-togethers foresee will arise on or just before December 30th, 2021 (the “Closing”). The Closing is topic to customary and distinct conditions and problems contained in the Letter Arrangement.
At or by the Closing, GTII shall endeavor to file for an up-listing, with a image adjust, to a national trade this sort of as the NASDAQ or NYSE. Regular with GTII procedures, the completion of a two-year audit of WSGE shall be a affliction precedent to Closing.
GTII’s Main Executive Officer, Mr. David Reichman, mentioned, “We are incredibly a great deal hunting ahead to concluding our transaction with We SuperGreen. We SuperGreen’s engineering has perhaps transformative implications in the renewable energy place, and we are delighted to participate in this unparalleled possibility. We genuinely glance ahead to functioning with We SuperGreen’s groundbreaking technological know-how in an work to convey it to several sections of the planet, like expanding relationships with the United Nations and other folks.”
Calvin Cao, Founder, Chairman, and CEO of We SuperGreen added, “We are bringing our disruptive renewable strength technological innovation to nations throughout the environment, and we are quite much looking forward to concluding our enterprise mixture with GTII, as it will support us accelerate our progress designs and permit our shareholders to gain from that progress.”
About Global Tech Industries Team, Inc.: GTII is a publicly traded business included in the condition of Nevada, specializing in the pursuit of obtaining new and progressive technologies.
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Mike King
Princeton Study, Inc.
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