Current Report Filing (8-k)
October 22 2018 - 1:55PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of The Securities and Exchange Act of 1934
Date
of Report (Date of earliest event reported): October 22, 2018
GLOBAL
TECH INDUSTRIES GROUP, INC.
(Exact
name of registrant as specified in its charter)
|
Nevada
|
|
000
- 10210
|
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83
- 0250943
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(State
or other jurisdiction
of incorporation)
|
|
(Commission
File Number)
|
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(IRS
Employer
Identification No.)
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511
Sixth Avenue, Suite 800
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|
|
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New
York, New York
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10011
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(Address
of principal executive offices)
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(Zip
Code)
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212-204-7926
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(Registrant’s
telephone number, including area code)
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[Not
applicable / Former Name or Address]
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(Former
name or former address, if changed since last report.)
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Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2. below):
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[ ]
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Written
communications pursuant to
Rule 425 under the Securities Act (17 CFR 230.425)
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[ ]
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Soliciting
material pursuant to
Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ]
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Pre-commencement
communications pursuant to
Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ]
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Pre-commencement
communications pursuant to
Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item
8. 01 Other Events
on October 16
th
, 2018, Global Tech Industries Group, Inc., (“GTII”) a Nevada corporation,
signed a Stock Purchase Agreement with Demand Brands, Inc. to make an equity investment in the company, which is currently trading
as Innovativ Media Group, Inc (“INMG”). GTII agreed to issue 1,700,000 shares of the common stock of GTII to Demand
Brands, Inc. for the purchase price of 10,000,000 shares of Demand Brands, Inc., representing 3% of the common stock and equity
ownership interest in the company. (Demand Brands, Inc.)
GTII
is a development stage company that holds intellectual properties in the bioscience, clean tech and energy-related fields. INMG
is a collection of brands and businesses promoting healthy lifestyles, operating in the Health and Wellness, Cannabis Edibles,
Hemp and CBD industries.
Item
9.01 Exhibits
Press Release, dated October 17, 2018
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
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Date: October 22, 2018
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GLOBAL
TECH INDUSTRIES GROUP, INC.
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By:
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/s/
David Reichman
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David
Reichman
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Chairman
& CEO
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