GGTOOR Inc (OTCMKTS:GTOR) Stock Soars As Company Sold a Parcel of Land in GGTOORCITY for $7,200,000!

GGTOOR Inc., is an emerging leader in the eSports markets and looking to make its foray into the Metaverse too. It has purchased enough virtual land, consisting of 4,144 parcels, to form its own virtual city that will be called GGTOORCITY. It has held two hundred twenty video game tournaments and has given away over $100,000 in cash and prizes. The company website is continually being customized and upgraded, with the aim of becoming one of the most comprehensive gaming portals in the world.

Trading Data

On Friday, GTOR stock gained 10.92% to $0.0254 with 6.77 million shares, compared to its average volume of 4.89 million shares. The stock moved within a range of $0.0225 – 0.0310 after opening trade at $0.0240.  

GGTOOR, Inc., (OTCMKTS:GTOR) Announces It Has Inked a $7,200,000 Parcel Sale in GGTOORCITY

GGTOOR, Inc. announced on August 15, 2022, about receiving an executed Commitment to Purchase from Nerd Land LLC., Highland Park, Illinois. The latter has agreed to buy a 512m x 512m parcel of virtual land in GGTOORCITY, for the full listing price of $7,200,000 cash in USD.

The Nerd Land LLC., Commitment to Purchase was signed on August 14, 2022, and states that Nerd Land LLC has to pay the full amount to GGTOOR on or before, September 14, 2022. In the event Nerd Land LLC needs an extra 15 days, they must notify the company on or before Sunday, September 4, 2022.

NERDLAND is all set to be an incredible attraction! When the player makes their way into GGTOORCITY, the cityscape manifests on both sides of the road with a real sunrise on Maui rising as a new day in GGTOORCITY begins, when suddenly the sound of a carousel is heard, and an entire amusement park the size of Disneyland appears. There are fun rides, a parachute jump, games, speed dating, trading cards, hanging out with your favorite move or recording star, and much more!

NERDLAND will host stores with every nerd product, coffee nerds, technology, cocoa, herbs, health drinks, health foods, and candy, along with hundreds of nerd characters, nerds of color, farm nerds, LGBTQIA nerds, and the villain is Biff from Back To The Future, who every once in a while bullies a nerd and the entire amusement park watches and then punishes him nerdily, and everyone goes back to nerd play. The experience will be something to remember for sure!

GGTOOR, Inc., (OTCMKTS:GTOR) Announces Management Report for the Week Ended August 6, 2022

On August 09, 2022, GGTOOR announced that it has crowned six new champions, offering its first-ever tournament for Gwent, alongside its first team event for Brawlhalla. For the other competitions, player registrations went up in all four of them, including a 24% increase for Super Smash Brothers Ultimate.

GGTOOR is all set to offer two more games next week, apart from Brawlhalla and Gwent. The first is Multiversus, which just recently exploded into the gaming scene and become very popular, and the other is Blood Bowl 2, a game that has roots in tabletop miniatures for decades, and in recent years has developed a strong base of competitive players for the online version of this Games Workshop classic.

Technical Data

GTOR stock is trading below the 20-Day and 50-Day Moving averages of $0.0236 and $0.0336 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0260. The company has a total market capitalization of $25K. The stock is up 42% over the past 3-month.