{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-042616","form_type":"8-K","ticker":null,"cik":"0000356590","company_name":"GLOBAL TECH INDUSTRIES GROUP, INC.","filed_at":"2024-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.726911+00:00","generated_at":"2026-05-30T09:51:23.048325+00:00","sec_items":["1.03","5.01","5.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Court appoints receiver for Global Tech Industries; former management removed","bullets":["On Sept 18, 2024, Nevada District Court appointed Paul L. Strickland as receiver over all assets of GTII.","Receiver removed all officers/directors: David Reichman, Kathy Griffin, Frank Benintendo, Donald Gilbert, Ashfin Luke Rahbari.","Court ordered receiver to cure SEC/OTC delinquent filings; former management enjoined from issuing securities or disposing assets.","Receiver authorized to be compensated 10% of value of recevership assets (excluding stock) plus 10% of recovered stock."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-042616","json":"https://secwatch.observer/filing/0001493152-24-042616.json","markdown":"https://secwatch.observer/filing/0001493152-24-042616.md","text":"https://secwatch.observer/filing/0001493152-24-042616.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/356590/000149315224042616/0001493152-24-042616-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/356590/000149315224042616/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T09:51:23.048325+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a679503b99fbf8cb989588f7ca3c4e11fe1f529a","claim":"GLOBAL TECH INDUSTRIES GROUP, INC. entered receivership in Clark County, Nevada, District Court (petition 2024-09-18).","evidence_excerpt":"On September 18, 2024, in a case styled White Rocks (BVI) Holdings Inc., et al., v. Reichman, et al., Case No.: A-24-896359-B , Clark County, Nevada, District Court, the Court entered an Order Appointing Receiver (the “Receivership Order” ) of Global Tech Industries Group, Inc., a Nevada corporation (the “Company” ).","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/356590/000149315224042616/0001493152-24-042616-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"receivership"},{"label":"Court","value":"Clark County, Nevada, District Court"},{"label":"Petition","value":"2024-09-18"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}