GGTOOR, Inc. (OTCMKTS:GTOR) Announces Management Report for

THOMASVILLE, GA, Oct. 11, 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 started tracking new player registrations in 2020 months after the first tournament and the development of GGToor.com 1.0. Since that time, the Company has surpassed 82,000 unique player registrations. This is up from 70,000 just two months ago. This is a critical metric because it demonstrates the Company continues to attract new players to the GGToor lineup of tournament offerings. The other important metric is player retention. In 2022 the Company has had approximately 40,000 new player registrations. Year to date the Company is averaging 40% new players to 60% repeat players for each event for the entire year. This player retention rate is unprecedented among online tournament operators.

Shareholders, understandably so, are focused on the final closing of Nerdland which will produce revenue of $7.2 million, but it’s critically important that they do not lose sight of the fact the Company’s core business is out-performing projections. Nerdland is projected to close on or before the end of October. Nerdland has progressed in securing its funding and has signed agreements in place which validate the final step is just days away.

Management of GTOR has entered into a NDA and is reviewing materials for a possible addition to the Web3 and Metaverse businesses the Company is currently engaged in. It’s early stage in the review process, however if management deems the business viable, shareholders can look for an additional subsidiary added to GGToor in the next few weeks. Management understands for shareholders to realize optimum value, management not only has to continue to build its brand and expand its current portfolio of businesses, but it needs to look for acquisitions that are strategically aligned and can produce immediate…