GLOBAL TECH INDUSTRIES GROUP, INC. 8-K

What Happened Global Tech Industries Group, Inc. (GTII) filed an 8-K (Jan 5, 2026) reporting that the court-appointed Receiver, Paul L. Strickland, determined that Gold Transaction International, Inc. (“GTI Gold”) is no longer a subsidiary of GTII as of 5:00 p.m. EST on December 29, 2025 and assigned ownership of GTI Gold to Todd Chisholm, manager of GTI Gold. This action was taken under a Receivership Order entered September 18, 2024 in White Rocks (BVI) Holdings Inc., et al., v. Reichman, et al., Case No. A-24-896359-B (Clark County, Nevada). The filing notes the divestiture does not release GTI Gold, its managers, former members or agents from any potential claims or liability.

Key Details

• Receiver: Paul L. Strickland appointed by Receivership Order dated Sept 18, 2024.
• Effective transfer: GTI Gold removed as GTII subsidiary and assigned to Todd Chisholm effective Dec 29, 2025 at 5:00 p.m. EST.
• Court authority cited: Receiver authorized to undo transfers, seek claw-backs/disgorgement, and terminate/reject contracts per paragraphs 37–39 of the Receivership Order.
• Prior disclosure: GTII previously disclosed the Receivership in a Form 8-K filed Oct 28, 2024.

Why It Matters This filing documents a formal change in ownership of a GTII subsidiary as executed by the court-appointed Receiver, which may reduce GTII’s corporate holdings and change its asset profile. The Receiver’s broad authority to undo transfers, seek claw-backs, and terminate contracts signals potential further asset transfers or legal actions tied to the receivership. Investors should note the company remains under receivership and that the divestiture does not eliminate possible claims or liabilities associated with GTI Gold.