John V Whitman Jr. had this to say: “I apologize to our shareholders for being silent for an extended period of time. Based on advice from counsel and because the
The Company will be issuing more press releases in the weeks to come, but for the next month, management will be concentrating on finalizing funding for GGTOOR MEDIA and revising our gaming tournaments. Although no final decisions have been made, shareholders can expect fewer tournaments, but larger prize pools. The days of the Company holding FREE tournaments are not over, but they will be few and far between. FREE tournaments are not a business model that is sustainable. Pay to Play, Subscription model and sponsored tournaments will be the new direction for the eSports side of
Audits will begin once funding has been secured and it is the intent, as previously stated, for the Company to become fully reporting. Management has consulted with several CPA firms and has concluded until it has a history of closing sales of its virtual properties in
About GTOR
Forward-Looking Statements. This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as “expect,” “expectation,” “believe,” “anticipate,” “may,” “could,” “intend,” “belief,” “plan,” “estimate,” “target,” “predict,” “likely,” “seek,” “project,” “model,” “ongoing,” “will,” “should,” “forecast,” “outlook” or similar terminology. These statements are based on and reflect our current expectations, estimates, assumptions and/ or projections as well as our perception of historical trends and current conditions, as well as other factors that we believe are appropriate and reasonable under the circumstances. Forward-looking statements are neither predictions nor guarantees of future events, circumstances or performance and are inherently subject to known and unknown risks, uncertainties and assumptions that could cause our actual results to differ materially from those indicated by those statements. There can be no assurance that our expectations, estimates, assumptions and/or projections, including with respect to the future earnings and performance or capital structure of
For Additional Information Contact:
John V Whitman Jr.,
John@GGToorcorp.com
https://GGToorcorp.com/
https://GGToor.com/home.php
Source:
2023 GlobeNewswire, Inc., source