GGTOOR Inc (OTCMKTS:GTOR) is engaged in business of eSports. The firm is entering Metaverse as it bought virtual land, 4,144 parcels, for forming its virtual city. The city will be called GGTOORCITY. The firm had more than two hundred twenty video game tournaments and has given over $100,000 in prizes and cash. The website is being customised as well as upgraded with the objective of becoming a comprehensive gaming portal globally. The firm is now accepting subscriptions from gamers, players as well as tournament organizers.
Trading Data
On Tuesday, GTOR stock fell 7.18% to $0.0239 with more than 2.91 million shares, compared to its average volume of 4.60 million shares. The stock moved within a range of $0.0230 – 0.0260 after opening trading at $0.0260.
GGTOOR, Inc. (OTCMKTS:GTOR) Announces Management Report for the Week Ended July 30, 2022
GGTOOR Inc on August 2, 2022, announced that the firm had crowned champions in tournaments for six different games. It includes Rocket League working with new Tournament Organizer, helping the event attract 55% more player registrations than the previous event. The firm’s Discord is witnessing growth with net membership approaching the 24,000-member mark
During the week, Smash Ultimate event was a spectacle with JaZaR busy in the Super Major. The firm witnessed several veterans of the series, having fallen just short of the pole position.
GGToor has been underestimated by some over the years. However, none can predict future and the company’s journey to the pole position has been transparent. The company expressed gratitude to those paying attention and being loyal to the firm.
The firm feels that foray into Metaverse is a leap into the future and it is excited on being part of the new frontier and embracing the possibilities. Investors are also plunging into Metaverse real estate, with millions having invested into virtual real estate.
The company passionately believes that the value of virtual lands as well as gaming tokens will only rise in the future. The space is alluring as it operates in an economy independent of external authorities such as governments and banks. Luis A. Arce said that it is the right to make one’s presence felt in GGtoorCity.
GGTOOR, Inc. (OTCMKTS:GTOR) Announces Management Report for the Week Ended July 23, 2022
GGTOOR Inc on July 27, 2022, had announced that the firm has not inked any extra GGTOORCITY virtual property purchase besides the one on July 19, 2022. The firm considers a final deal on the purchaser signing a legal and binding commitment.
It returned to a complete schedule of tournaments. During Metaverse Expo from July 8-10, 2022, the firm had one tournament, which was co-sponsored with TCG World. The firm is offering events for a robust roster of established games and is continuing to expand support for the fresh commitments and games. It is looking to establish new paradigms for expanding types of organized play, which can be made available. Furthermore, it is making fresh strategies for accelerating growth of player registrations. The company had done another solid week in books, including completion of the Clash of Clans event, drawing more thanfour hundred participants.
Technical Data
GTOR stock is trading below the 20-Day and 50-Day Moving averages of $0.0295 and $0.0349 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0262. The company has a total market capitalization of $23.9K. The stock is up 2% over the past 6-month.
