THOMASVILLE, GA, July 27, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire --GGTOOR, Inc., (OTCMKTS:GTOR) (“GGTOOR, Inc.”, “GTOR”, or the “Company”), an emerging leader in the eSports markets, announces the Company has not closed or inked any additional GGTOORCITY virtual property purchases other than the one announced on July 19, 2022. The Company considers a “deal inked” when the purchaser has signed a legal and binding commitment to purchase. The Company considers a “Closing” has been successful when the purchaser has met its obligations in terms of rendering payment. The Company has several pre-commitment clients who have verbally committed to purchase but are arranging their financing prior to signing a legal commitment to purchase. The Company will update the public in real time as sales enter either the “Inked” phase or the “Closed” phase of the purchase process. Before the Company agrees to ink a deal with a legal and binding commitment to purchase, the Company has determined the purchaser has the financial strength and credit worthiness to complete the purchase.
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