Overview
- IndustryServices-Management Services1
- HeadquartersNew York, New York1
- Incorporated inNV2
- Business address511 Sixth Avenue, Suite 800, New York, Ny 100112
- Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company2
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Company. Prior to such engagement, the Company had no consultations with B F Borgers, CPA PC.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Cost of revenue7¢$5.0K
- Interest93¢$63.4K
Out of $24.1K in revenue.4 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Revenue | $8.5K6 | $24.1K4 | |||
| Cost of revenue | $5.0K4 | ||||
| Gross profit | $8.5K6 | $19.1K4 | |||
| Operating expenses | $6.2M4 | ||||
| Operating income | -$1.6M7 | -$3.2M8 | -$1.9M9 | -$2.6M6 | -$6.1M4 |
| Interest | $103.4K7 | $103.4K7 | $106.8K9 | $200.7K6 | $63.4K4 |
| Income before tax | -$6.1M4 | ||||
| Income tax | |||||
| Net income | -$1.6M7 | -$3.4M8 | -$1.4M9 | -$2.8M6 | -$6.1M4 |
| Earnings per share | -$0.016 | -$0.034 | |||
| Earnings per share (diluted) | |||||
| Shares (weighted, basic) | 234.9M shares4 | ||||
| Shares (weighted, diluted) |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Cash | $120.5K7 | $7.8K8 | $1.4K9 | $2.5K6 | $359.1K4 |
| Receivables | |||||
| Inventory | $290.7K4 | ||||
| Current assets | $296.9K7 | $190.8K8 | $45.5K9 | $255.6K6 | $891.6K4 |
| Property, plant and equipment | $112.6K4 | ||||
| Goodwill | $3.8M4 | ||||
| Intangible assets | $3.3K4 | ||||
| Total assets | $297.3K7 | $190.8K8 | $45.5K9 | $258.6K6 | $5.8M4 |
| Short-term debt | |||||
| Current liabilities | $4.5M7 | $5.5M8 | $2.2M9 | $2.0M6 | $3.8M4 |
| Long-term debt | $1.1M6 | ||||
| Long-term liabilities | $706.6K4 | ||||
| Total liabilities | $4.5M7 | $5.5M8 | $5.8M9 | $2.0M6 | $4.5M4 |
| Retained earnings | -$234.2M4 | ||||
| Shareholders’ equity | -$4.2M8 | -$5.3M9 | -$5.7M6 | -$1.8M4 | $1.3M5 |
| Shares outstanding | 155.6M shares7 | 170.8M shares8 | 205.3M shares9 | 230.5M shares6 | 241.0M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Compare GLOBAL TECH INDUSTRIES GROUP, INC. with another company
What it owns
What GLOBAL TECH INDUSTRIES GROUP, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $3.2K5 Dec 31, 2023 | $3.2K5 Dec 31, 2022 | 0% |
| Accumulated depreciation | $3.2K5 Dec 31, 2023 | $2.4K5 Dec 31, 2022 | +33.3% |
| Property and equipment, net | $8035 Dec 31, 2022 | $112.6K4 Dec 31, 2021 | −99.3% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $1.2M5 Dec 31, 2023 | $3.3M5 Dec 31, 2022 | −62.7% |
| Marketable securities, current | $20.0K5 Dec 31, 2023 | $36.0K5 Dec 31, 2022 | −44.4% |
Intangibles and goodwill
Leadership
Who has led GLOBAL TECH INDUSTRIES GROUP, INC., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerDavid I. Reichman Apr 16, 2007 to Jul 12, 202413
- ChairDavid I. Reichman Apr 16, 2007 to Aug 21, 201313
- PresidentKathy M. Griffin Jul 16, 2010 to Jul 12, 202414
- PresidentDavid I. Reichman Nov 5, 2007 to Nov 5, 200715
- PresidentTrisha Woods Nov 5, 2007 to Nov 5, 200716
- Chief financial officerDavid I. Reichman Apr 16, 2007 to Apr 16, 200713
- Chief operating officerAfshin Luke Rahbari Jul 17, 2024 to Jul 26, 202417
Board members and other officers (8)
- TreasurerDon Harold Gilbert Aug 21, 2013 to Aug 21, 201318
- SecretaryFrank Benintendo Apr 24, 2007 to Jul 12, 202419
- Board memberKathy M. Griffin Jul 16, 2010 to Jul 12, 202414
- Board memberRobert Hantman Jul 16, 2010 to Jul 20, 201020
- Board memberDon Harold Gilbert Apr 24, 2007 to Jul 12, 202421
- Board memberFrank Benintendo Apr 24, 2007 to Jul 12, 202419
- Board memberMichael Valle Apr 24, 2007 to Dec 22, 202122
- Board memberDavid I. Reichman Nov 5, 2007 to Jul 12, 202415
Former names
Timeline
- Jul 20, 20268-K Other events23
- May 26, 20268-K Other events24
- Apr 20, 20268-K Entered a material agreement; Other events25
- Apr 17, 20268-K Change of auditor26
- Mar 3, 20268-K Other events27
- Jan 5, 20268-K Other events28
- Nov 3, 20258-K Other events29
- Sep 26, 20258-K Other events30
- Jul 25, 20258-K Other events31
- Jun 10, 20258-K Other events32
- May 27, 20258-K Other events33
- May 19, 20258-K Other events34
- Apr 16, 2007New chief executive David I. Reichman becomes CEO13
Calendar
When it reported results
- Aug 26, 2022Reported quarterly or annual results35
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
168 filings to the SEC since October 2021: 4 annual reports, 9 quarterly reports, 36 major events, 93 insider forms, 26 other. The latest 20:
- Jul 20, 20268-K EDGAR
- May 26, 20268-K EDGAR
- Apr 20, 20268-K EDGAR
- Apr 17, 20268-K EDGAR
- Mar 3, 20268-K EDGAR
- Jan 5, 20268-K EDGAR
- Nov 3, 20258-K EDGAR
- Sep 26, 20258-K EDGAR
- Jul 25, 20258-K EDGAR
- Jun 10, 20258-K EDGAR
- May 27, 20258-K EDGAR
- May 19, 20258-K EDGAR
- May 6, 20258-K EDGAR
- Apr 1, 2025NT 10-K EDGAR
- Feb 20, 20258-K EDGAR
- Feb 3, 20258-K EDGAR
- Jan 15, 20258-K EDGAR
- Jan 14, 20258-K EDGAR
- Nov 25, 20248-K EDGAR
- Oct 28, 20248-K EDGAR
The 168 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
78 open-market trades by officers, directors and large owners since October 2021: 0 buys and 78 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 15, 2024 | Griffin Kathy MPresident | Sale | 19,344 | $0.15 | $2.9K | Form 4 |
| May 15, 2024 | BENINTENDO FRANKSecretary | Sale | 7,882 | $0.15 | $1.2K | Form 4 |
| May 15, 2024 | GILBERT DON HAROLDDirector | Sale | 7,666 | $0.15 | $1.1K | Form 4 |
| May 15, 2024 | REICHMAN DAVID IChief Executive Officer | Sale | 64,736 | $0.15 | $9.7K | Form 4 |
| Apr 16, 2024 | Griffin Kathy MPresident | Sale | 19,344 | $0.19 | $3.7K | Form 4 |
| Apr 16, 2024 | GILBERT DON HAROLDDirector | Sale | 7,666 | $0.19 | $1.5K | Form 4 |
| Apr 16, 2024 | REICHMAN DAVID IChief Executive Officer | Sale | 64,736 | $0.19 | $12.3K | Form 4 |
| Apr 16, 2024 | BENINTENDO FRANKSecretary | Sale | 7,882 | $0.19 | $1.5K | Form 4 |
| Mar 15, 2024 | Griffin Kathy MPresident | Sale | 19,344 | $0.30 | $5.8K | Form 4 |
| Mar 15, 2024 | BENINTENDO FRANKSecretary | Sale | 7,882 | $0.30 | $2.4K | Form 4 |
| Mar 15, 2024 | GILBERT DON HAROLDDirector | Sale | 7,666 | $0.30 | $2.3K | Form 4 |
| Mar 15, 2024 | REICHMAN DAVID IChief Executive Officer | Sale | 64,736 | $0.30 | $19.4K | Form 4 |
| Feb 15, 2024 | Griffin Kathy MPresident | Sale | 19,344 | $0.21 | $4.1K | Form 4 |
| Feb 15, 2024 | GILBERT DON HAROLDDirector | Sale | 7,666 | $0.21 | $1.6K | Form 4 |
| Feb 15, 2024 | BENINTENDO FRANKSecretary | Sale | 7,882 | $0.21 | $1.7K | Form 4 |
| Feb 15, 2024 | REICHMAN DAVID IChief Executive Officer | Sale | 64,736 | $0.21 | $13.6K | Form 4 |
| Jan 16, 2024 | REICHMAN DAVID IChief Executive Officer | Sale | 64,736 | $0.22 | $14.2K | Form 4 |
| Jan 16, 2024 | REICHMAN DAVID IChief Executive Officer | Sale | 64,736 | $0.22 | $14.2K | Form 4 |
| Jan 16, 2024 | Griffin Kathy MPresident | Sale | 19,344 | $0.22 | $4.3K | Form 4 |
| Jan 16, 2024 | GILBERT DON HAROLDDirector | Sale | 7,666 | $0.22 | $1.7K | Form 4 |
All 78 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
SEC filer profile
How GLOBAL TECH INDUSTRIES GROUP, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARGLOBAL TECH INDUSTRIES GROUP, INC.1
- CIK0000356590
- Employer ID (EIN)83-02509431
- Filer statusNon-accelerated filer<br>smaller reporting company<br>emerging growth company1
- Incorporated inNevada1
- Fiscal year endsDecember 311
- Industry code (SIC)8741 Services-Management Services1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address511 Sixth Avenue, Suite 800, New York, NY 100111
- Phone212-204-79261
- Shares outstanding369,900,857 as of Mar 31, 20245
- Public float$98.6M as of Jun 30, 20235
- On EDGAR sinceDec 12, 19961
- Filings541 in all: 8-K (110), 4 (102), 10-Q (55), 10QSB (28), UPLOAD (21), NT 10-K (20), CORRESP (18), 10-K (17)1
All 37 form types
144 (16), 3 (16), NT 10-Q (16), 10-Q/A (13), 10QSB/A (13), 10KSB/A (12), 10KSB (11), 4/A (11), SC 13D/A (9), 10-K/A (6), PRE 14C (6), 8-K/A (5), DEF 14C (5), SB-2/A (4), SC 13D (4), SC 13G (4), S-1/A (3), D (2), DEF 14A (2), S-1 (2), S-8 (2), DEFR14A (1), EFFECT (1), NTN 10K (1), NTN 10Q (1), PRE 14A (1), PRER14C (1), RW (1), SB-2 (1)
- Latest filingsAnnual report (10-K) Apr 16, 2024
Quarterly report (10-Q) Nov 14, 2023
Proxy statement (DEF 14A) Aug 28, 2006
Latest 8-K (8-K) Jul 20, 2026
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 14SEC EDGARKathy M. Griffin, President
- 15SEC EDGARDavid I. Reichman, President
- 16SEC EDGARTrisha Woods, President
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- 18SEC EDGARDon Harold Gilbert, Treasurer
- 19SEC EDGARFrank Benintendo, Secretary
- 20SEC EDGARRobert Hantman, Board member
- 21SEC EDGARDon Harold Gilbert, Board member
- 22SEC EDGARMichael Valle, Board member
- 23SEC EDGAROther events
- 24SEC EDGAROther events
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- 26SEC EDGARChange of auditor
- 27SEC EDGAROther events
- 28SEC EDGAROther events
- 29SEC EDGAROther events
- 30SEC EDGAROther events
- 31SEC EDGAROther events
- 32SEC EDGAROther events
- 33SEC EDGAROther events
- 34SEC EDGAROther events
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