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MSG... Don't know what to think anymore. When it all started, so much potential. I believe the patents are sound. Then 2024, nothing. Not any substantive sound. FB posts seem to reflect management's desire to let its SHs know the potential is still there. They seem to want to make big $$ but are unable to. Things are NOT going their way, IMO. The REAL world of business has turned a blind eye to their efforts. I really do not know if their dreams they insist can be realized are NOT bringing in ANY investment $$. They can only exist on dilution for so long, then business investment $$ has to take its place. Evident, to me at least, it hasn't. GTCH has made a management mess so bad, a reputable company is no where to be seen in taking on the mess they created. Doesn't bode well for SHs I am afraid.
Soon, an end to September. Time flies when you are not having fun? FB mirrors evasiveness on the part of GTCH management. They provide a visual and written statement on the use of its 'superior' chip, yet anyone see one of these products for sale? A signed document in procuring/producing these chips? ANY GTCH product really for sale that CAN BE BOUGHT by a public consumer?
Just another beating of the chest. How can anyone posting to this site think otherwise. I think ALL of GTCH SHs are sick of hearing how great GTCH's patents are. We have all moved to Missouri.
Has anyone noticed that wordsmithing has become a drag. Type one thing, it inserts something else. Really getting tired of it in my daily posting here. Overall impression is that it not only applies to Ihub but even iPhone. Has to be AI influx.
Well, I take that back. Could happen if no buyer stepped in to buy GETH. Then they would, IMO, create their own operational environment. THAT could take many twists and turns. Can't Hazzard a guess.
No way PH. $$$$
I'd prefer to use 'sell the company' or RM. I do NOT think that GTCH is a SPAC like BNIX. "A special purpose acquisition company (SPAC) is formed to raise money through an initial public offering (IPO) to buy another company."
Try reading the 10Qs over all these years. GTCH management has sucked up quite a large number of 'companies' all these years, even developing a flow chart of all their interactions with various companies would drive you nuts....all either absorbed or discarded as the years move forward. In pretty much all the transactions, Company shares were utilized for the purchase and many associates of the those companies absorbed remain linked to GTCH operations to this day - thus the NIGHTMARE of a legal challenge to sort out the arrangements to ensure ALL legal matters are satisfactorily resolved prior to ANY company wanting to BUY out GTCH today.... to ensure they don't buy a legal headache as well. As a result, cleaning GTCH's messy books up SHOULD take a long time.
The symbol GOPH does not exist. Any company that they 'own' simply comes into the GTCH mix and blends into obscurity. Nothing is still nothing. GOPH ----> GTCH. The private to public route.
We are aware that MANY AI developments are out there. We are aware that it applies to chip manufacturing as well. GTCH SHs have been bombarded with Facebook entries that leave the impression that GTCH is cutting edge in both Chips and AI. Yet NOTHING of real substance has been shown that their patents have merit or even can walk up to the line of competitive design that produces products or services. The time of silence between patents and entering the world of production has been VERY LONG. Just how long can SHs be convinced we have a shot at gain? Belief is waning.
GTCH management is using smoke and mirrors to sustain belief... but for what reason? Surely, if you look at GTCH's pps and volume of trade, smoke and mirrors are NOT doing the job as intended - or is it embarrassing for management to say GTCH is a lost cause? Pinkies are riddled with such failures. At least management should have the balls to tell us like it is instead of stringing us on like we have been.
Dumb question, forget I ever asked.
Why does the GTCH website, https://gbtti.com, refer to itself as "GBTTI' instead of just GTCH?
How would you expect any SH to react to such FB postings and the GTCH website.... excited as hell! They have their hands in a highly sophistic tech spectrum. I can see why I was enticed to buy shares far more expensive than the current PPS at .0001.
The reason it is at .0001 is that they have done nothing "other" than create patents.... to our knowledge. No REAL business transactions have taken place... to our knowledge. The hype on FB and the website look fabulous but...to our knowledge, NONE of this self praise is supported by any revenue generating product or service.
I really do not know if I should shit or get off the pot! It does just seem, as a SH, I am wasting my time dreaming of wealth due to loyalty in laying my money down to buy into the dream and loyal to it.... when, in reality, it has all been only a colorful display of smoke.
Let's face it, cleaning up GTCH, Tokenize, AVAI and BNIX legally is going to take a lot longer. Lawyers and audit reps have their hands full over how the Patents ownership and SS has been handled by management over the period of GTCH's existence.
I still think there is a possibility that SHs will recover what they have invested (on the books at least) and may even have a small profit as an investment arm. Yet, I do not expect resolve for a lot longer now. I, personally have dealt with legal matters and how 'time' is built into their profit margins. They will NOT be in any hurry. Nor should SH's expect otherwise.
What a fiasco. I have got to step away from watching closely. Waste of time and infuriating. Only SHs pay for the mistakes of management.
Let it happen NOW!
Start off with 15M
Source of funds: selling more shares AFTER a R/S starting all over again. Dilution Supreme and SH back is broken.
You getting the feeling werd that, after all kinds of 'updates' on X, that GTCH is remaining on its own and NOT seeking a buyer?
Although that would take a longer time to affect the pps, I am not unhappy with that idea.
I admit I am not one for scouting around. Time consuming when you are not really understanding what you might look for - chuck that up to being a lazy old fart. thanks Home.
Ignorant. Supply a couple
100M. Insiders maybe?
BNIX is not trading at all. GTCH trade rumor-mill only?
Have my fingers crossed.
31M traded right off the bat...
GTCH (the company) IS the premier asset of ALL patents. Even when patents are "sold" GTCH retains the 'right' to utilize them as well. Of course, that seems to apply as long as GTCH stays as a public stock. Cannot determine if the same umbrella holds true for the buyer, once GTCH is absorbed into the new company as a whole.
Should such difficulties exist that any buyer stands clear of GTCH, that would mean (IMO) they would operate under the GTCH banner and pursue developing their own brand of revenue generating enterprise (no limit to where that could go). If that were the case, another R/S would be likely as well as extending the time SHs have been waiting/would wait more for some sign of REAL revenue generation.
I prefer the sale or RM if necessary. That is just me, I am tired of waiting.
Suggesting that apply to GTCH shares as well? IF GTCH is ever sold, I think the .003 ratio to apply as well...depending on WHO the buyer is.
This next week can have some possibilities.
???
I have heard many times, something like this: The problem with common sense is that it is not very common.
I think there are many here that have it. It should be expressed even if though so many are not receptive to it. We owe it to those that welcome it.
Even YOU in acquiring the knowledge base and its underlying benefits started from scratch. Come on, you were not born with that skill. You learned as I did from hard knocks. Years under your belt and a hellava lot of DD and plenty of mistakes. This Forum could use your wisdom in cutting down the hard knocks of newbie/and not so-newbie retail traders. A kind gesture.
Dummies as they may well be, maybe the VIP Forum can help take their pointed hat off a bit earlier than it took to remove ours (I would suspect you took yours off a LOT earlier than I did).
Cannot agree more Man. "These variables are all connected in some way" IS the crux of all actions we have seen take place this year. I am a FIRM believer that the patents being thrown around here like a basketball ARE WORTH BIG-TIME MONEY if the owners/managers handle the assets well. Don't you think they are TRYING but the LONG time in getting those patents in place created a nightmare of ownership resolutions as well as assigning RIGHTS in using those patents.
To rake in the cash they think these patents are truely capable of generating, they MUST legally clean up the mess they made all these years.
As a SH, I wish them luck....and SOON! I would like to see what these patents enable solid enterprises to generate industry wide!!!
IF so, boring. If so, it has probably already served it purpose - just how bad is Ihub anyway? So, you support shutting it down now?
I would have to hear from Amit directly on that one. I feel most posters asked to join here offer far better trading wisdom than they have the knowhow to manage Amit's operational initiatives. The potential of the VIP Forum should not be limited to 'IHUB improvements', as I believe its intent is far broader.
Keep in mind, per myself, I only express OPINIONS here. I bow to FACTS when they occur.
Yes, why setting a LIMIT is important.
YES on stock specific boards. Just referring to the VIP Forum board.
I would think TOS would be too confining on the VIP Forum. Substantive opinions that would be considered TOS elsewhere SHOULD be addressed here.
BUT there should also be a LIMIT on addressing the issue. Expressing the matter is ONE, Admin addressing the issue as a concern worthy of discussion TWO. Admin would also be required to post its conclusion. TOS removal would only be applied if ADMIN considers the subject issue unsupportable or it conflicts with a firm previously established Ihub SOP.
Comments thereafter should address the recommended resolve to the issue, IF a poster even has an idea of a resolve. At some point Admin would terminate discussion on the subject upon issuing a final decision (keeping in mind, the VIP Forum, IMO, IS being implemented to improve member's use of Ihub) based on the consideration of posters' proposed resolve and Admin implementing a "reasonable and final" resolve. Ihub determines the services they wish to offer users, NOT the other way around. Users have a choice to be a part of Ihub or go elsewhere.
Nowhere will the individual user find the services offered to be perfect. What Ihub offers in establishing the VIP Forum is NOT only to discuss trading insight but ALSO to improve Ihub operational performance for the user... in other words giving the user a conditional seat at the Ihub management's table.
An action worthy of your attention. If VIP Forum user representatives abuse it, its intended effect will be diminished... or eliminated entirely.
OK hawk, even my last post is a "prediction"... technically. Damn opinions anyway!
Hawk, I did not make any prediction! All I said was that the GTCH pps would NOT be affected by the goings on at BNIX/VisionWave...NOW!
I am of the understanding that Tokenize is a "private" concern that 'happens' to be the "Big Kid on the Block" when we talk about ANY patents associated with GTCH. GTCH's saving grace is that THEY have an ESTABLISHED/LEGAL agreement with Tokenize.
Previous GTCH SEC reporting spelled out the arrangements. At one time those SEC reports had Tokenize hand OWNERSHIP of ALL associated patents to GTCH whereupon all Patent approvals were noted under the UMBRELLA of GTCH, NOT Tokenize.
Only this year was there an "update" to that arrangement when a SEC Report transferred the Patent Ownership BACK to Tokenize (a magic hat trick) - Tokenize still being a private enterprise is legally solely responsible for any NEW patent contracts.
Enter VisionWave. THEY contract with Tokenize ONLY because GTCH no longer has ownership of the patents...remember the 'original' BNIX contract with GTCH 18 months ago? GTCH had ownership then.
While we keep referring to the BNIX contract with GTCH... it went out the window (unbeknownst to SH, that contract is now null and void). The BNIX/VisionWave contract WITH TOKENIZE is the newly revised contract - since ONLY Tokenize has ownership of the patents. Any new patent contract DOES NOT HAVE TO BE APPROVED BY OR SIGNED OFF BY GTCH - As I See It!
HOWEVER, GTCH OWNS half of Tokenize...in some bizarre construct of having Tokenize as a subsidiary for purposes in reporting to SEC in order to retain its Public traded company status. That means, what ever arrangements/contracts Tokenize enters into, GTCH gets half of whatever Tokenize can bring in as revenue as a result.
Revenue? I don't care what contracts are in place with how
many other publically traded companies... our pps will ONLY (IMO) be improved when the $$ enter their SEC demanded Financial Reports bottom line... or as an emotional trader's run when it is known that GTCH is going to show a profit in those reports..
Hell, I am just trying to understand the mechanics AT THIS POINT IN TIME, predicting where GTCH will be next week is a fruitless endeavor.
This is ALL BNIX news and NOT directly associated with Tokenize and GTCH, as I see it. BNIX has their deal in place while the 'mess' that exists prior to their Business Combination was very difficult to negotiate to a "happy" ending for all. In early 2025, consummation will occur, and the 'mess' will be officially cleaned up. BNIX/VisionWave (officially to become, IMO, VisionWave only, BNIX O/S converted to a new VisionWave symbol at some point down the road) can move forward as a singular enterprise.
Tokenize/GTCH cannot until they are "bought out". Both companies 'share the shares of GTCH equally' (50/50) as partners. Established contracts entered into with BNIX and AVAI remain in effect - although the BNIX mess was what is keeping it from becoming fully operational with the goal of obtaining revenue through sales of its products/services. The BNIX resolve detailed in the previous posts here, IS A GOOD THING FOR GTCH SHs!
GTCH's contracts AND their fingers into the actual ownership/subsidiary connections with VisionWave make the chances for GTCH SH gains even sweeter (although I am still very confused as to how extensive/tight their finger-hold on VisionWave is through arrangement with Tokenize - of which GTCH owns a 50% interest in).
IMO, NONE of what is going on with BNIX right now directly involves GTCH - we reap a share of what BNIX gains only by having an existing contract with them - in obtaining full rights of ownership for specific patents. Same applies with AVAI.
So, do not expect any change in current status of the GTCH PPS as a result of what BNIX is doing. Our time will come LATER.
My only hope with the Tokenize/GTCH situation is that I believe management/insiders have a higher goal in mind other than sucking out peanuts from unsuspecting retail traders: MAKING BIGGER $MONEY having the pps of their horded number of GTCH shares they have access to GO UP!
Would it not be nice if Capitalism reigned over Defrauding?