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Turd spinning around the toilet bowl. The CEO needs to be forth coming and let us tiny turds know something…but hey .. welcome to the PINKY STINKY LAND!
Not going anywhere anytime soon, too much corruption going on.
GTCH)
Naked Short Interest
GTCH
- Short Volume Report (REGSHO)
All RegSho Dated reported by: FINRA
Historical Short Volume Data for GTCH
Date Close High Low Volume Short Volume % of Vol Shorted
May 06 NA NA NA 5,791,399 4,790,199 82.71
May 03 NA NA NA 6,730,349 3,996,459 59.38
May 02 NA NA NA 4,047,500 2,917,500 72.08
May 01 NA NA NA 1,027,000 900,000 87.63
Apr 30 NA NA NA 2,752,450 2,752,450 100.00
https://www.otcshortreport.com/company/GTCH
How many more shares does the toxic note holder have left to dump, does anyone know?
GTCH MARYLAND ,,, typicaly i would agree with you but i was keeping an eye on the market cap and it held in the 856k range untill we hit a trip2 bid then went up,,, When it went back to trip 1 it dropped to 856k again,, maybe a numbers game i mean if you follow the other 2 (avai & bnix ) you can see the numbers not making any sence,,, a ticker with no trades for the day and then 1 trade and it jumps pennies ??? alot of things with theese 3 tickers dont make any sence,, theese 30 mil deals are a joke and only buying them time ,, for what we will find out soon i hope !! GLTA
I hope you're right. They may be holding on to a few of the patents that they feel are more valuable, not wanting to give in to selling the whole kit and caboodle for peanuts. You may be accurate in your thinking here. The other possibility is that they patents don't carry as much value as us shareholders would wish, but we don't want to entertain that idea just yet.
Years. A LONG history of R/Ss to get where they are now.
The more weeks that pass by the SHs without WORD, the more I feel that GTCH will revert to further 'segmenting' its patent potential among further start-ups like AVAI and BNIX rather than a composite sale of the company and its assets.
Anyone else getting more of that feeling? Multiple chances to contract for $30M here, $30M there...rather than obtain one buyout for multiple $Billions?
I do not lean that way because GTCH is the perfect example of a Pinky drastically diluting the value of SH equity in the early stages while they build their Patent Suite only to be purchased, most often at discount pricing, by some Big Boy that will reap all the reward for their efforts.
B2p how long has GBT been pursuing these patents/project please.
That's a great point. It also adds to the fear of so many that their jobs will be replaced with AI - this could well be an example. If it's not GBT, another big fish will come along and potentially displace a lot of aides in these facilities. I remember it being referred to as "technological unemployment" back around 40 years ago. It might come to fruition with AI.
Assisted living facilities are not cheap and such business owners MUST be making gobs of profit. Profit would increase further if they can reduce staffing costs DUE to operational improvements...and they would, I am sure, not blink an eye on any cost incurred to acquire/buy such tech. Go GTCH
Yes, POA for my sister in same situation. MUCH more interaction with patients/clients makes their stays much more 'user friendly' and health beneficial.
Agreed. Government contracts would be nice, but it's also interesting to see it in the health care arena.
For better or worse (sadly, I feel it's worse), assisted living facilities are an enormous business in the U.S. Just look at how assisted living facilities looked in the 1970's and 1980's, then look at them today. My mom's place looks like she's living in a swanky condo building in a major city. Not only that, but the food is incredibly good, and they have activity directors that keep them busy all day doing different things. They don't just sit the residents in front of a TV all day watching soap operas anymore. The whole thing has changed - they do have a movie night every night at 6:30 in my mom's place, but it's like a mini-theater. As a result, believe me, these facilities ain't cheap.
If you get a foothold in assisted living facilities, you've got something.
MSG, good find and relevant to appraising the value of GTCH. Another potential on quite an extensive list already.
A newbie retail trader should find ample DD to convince anyone that GTCH has value and extremely undervalued for a company that is seeking a buyer right now for the company and its string of cutting edge patents.
It is clear that the CEO is touting such in order to attract a potential buyer that can see PROFIT written all over their applications and relevance to satisfying both public and government needs...IF and when the right buyer has the funds to pursue immediate production of such services and products.
As someone who has a mother in an assisted living facility today, and who has had to deal with her falling a few times, this xCalibre technology does intrigue me. GBT's latest post on Facebook about their technology talks a bit about its functionality in assisted living facilities...
"The advanced AI technology used in the xCalibre system allows it to recognize when a resident has fallen or is experiencing an adverse health event."
That could be a big deal, because these facilities are short-staffed these days, and many falls go undetected for awhile. I've seen it first-hand day in and day out for over a year. The article on the whole is interesting - but how does the technology work? I feel like these articles are short on the specifics....
https://gbtti.com/using-pattern-recognition-for-healthcare-success/?fbclid=IwZXh0bgNhZW0CMTAAAR27Pne1br0ULdoGykrDOf14kRazluxFjsPoeVaaRWrD_7uAHrnf7xZuIAA_aem_Ae7DxEEdRHMJPYgQysEpWx1p2uVwmR-IsgVxPiqbeE47PYAqybX_0PKx2nnIoImXAXFkMYNStuvuVKYt7tuREbBL
Good morning - I don't see any changes with the OS or AS. That market cap change is probably happening because the stock goes to no bid and the share price is shown at .00005 rather than .0001. That would change the market cap from 1.68 to 1/2 that, around 850K. That would be my suspicion.
Good morning (GTCH-Land & Team)....🤑😎......Go (GTCH & Team)
I think a really good anything would help this puppy! WTF are the people in charge doing with this company with all these patents and possibilities?? 10K…10Q…poo poo..”Shit or Get off the Pot”
I think a real good military contract would get the ball rolling, JMO.
GTCH Been gone for the week , doesn't look like alot has changed ? Did anyone notice the market cap went from around 856k to 1.681 mil in the past week ? Pretty sure was holding at trip 1 and market cap was half of what it is now................
This is a .0001 stock. When the regime changes GTCH will have a chance! I don’t subscribe to IHUB anymore as they have failed me in the past..so private messages are nada for me
The support of AVAI is support for GTCH ... its AI value supports its use of AI in the manufacturing of chips.
Well, we all know they partnered up with Bannix last month, so what's the deal with that now?
With the skills and knowledge that you seem to have, how come you haven't posted much from the past? you would definitely be my go-to person when it comes to investing, keep up the good DD brother, I like it.
Thanks, we really appreciate the scoop on this.
GTCH's quarterly filing (10-Q) for the first quarter of 2024 is due on May 15th. GTCH nowadays seems to claim "inability to file on time " for each required filing, so look for the filing toward the end of May. With all the annual 2023 stuff washed out of the report (that made the annual 10-K so hard to wade through regarding current status), we might actually learn a bit about what is going on. First, does GBT Tokenize, of which GTCH is a 50% owner, hold 13,000,000 shares of AVAI or not? If so, those shares are beyond the lock-up period and can be sold over time, though not quickly dumped. Sale proceeds could be used to pay down holder of super-uber-toxic IGOR Note, if GTCH gave a rat's @ss about shareholders (and its own continuing viability).
Second, does GTCH monitor whether the holder of the IGOR Note ever holds more than 5% of the common shares of the company (which would be a default by the holder of the IGOR Note, and an SEC violation unless the holdings were reported). Given how the note holder has abused the company and its retail shareholders---pulling down and dumping over 6,000,000,000,000 shares in 2023 alone--you would think this would be a concern of decent management. Don't want to get your hopes up--the 10-Q will be silent on this regard. This question is extremely "material" to me, as it goes to the heart of the issue of downwards manipulation of GTCH's share price, but it is probably considered immaterial to GTCH's management and auditors!
At this point, just be glad that GTCH's auditors aren't BF Borgers, the auditors for Trump Social. Check the news today.
At this point nothing we can do but wait for them to screw us or make us rich.
P,S, I don't have $6 million so I guess we screwed lol.
I'd really enjoy taking out the ~$6MM note if I could. I know we ALL would!
Well ... No trades under $.0001 day. However, the trade volume was minimal. GTCH has posted ~ every other week on Linkedin. What does this communicate?
And there ain’t nobody buying…the company needs to say “what up” Pretty sure a wee bit of HELLO would go a long way..
Well, the toxic note holder can't dump his shares if nobody buys them right? so now what do we do? wait for something concrete I guess, JMO.
Hopefully the Avant AI/GBT Tokenize Corp deal gets consummated and it helps us here. Avant continues to trade heavily today.
We might as well let the stock dry up and not buy another share until they show us something in concrete, because it seems the ones are endless, JMO.
Well, as much as I hate to agree with you, I think your right.
That's why I think the reverse split will be reinstated at some point if they don't do something big soon to pay off the notes. As I stated in a previous post, Those dumps were for $1 million in notes and there are another $6 mil sitting out there. We need to physically see them sell something of significance to pay off those notes and clear the debt. They otherwise saw the writing on the wall, the notes will get diluted and eventually they will inadvertently see what they already saw. Bloat the O/S and do another reverse split to clear the debt on the shareholders rather than themselves. AIMVHO. $GTCH. Not what anybody wants to here but how I see it.
Does that have anything to do with us, asking for a friend.
Over three hundred and thirty-eight million shares that someone is dumping on the ask, who wants them lol.
$AVAI Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers https://www.otcmarkets.com/stock/AVAI/news/Avant-Technologies-to-Implement-AI-Empowered-Zero-Trust-Architecture-in-Its-Data-Centers?id=438410
GTCH SECURITY DETAILS
Share Structure
Market Cap Market Cap
1,681,323
04/26/2024
Authorized Shares
30,000,000,000
04/22/2024
Outstanding Shares
16,813,229,180
04/22/2024
Restricted
766,217,939
04/22/2024
Unrestricted
16,047,011,241
04/22/2024
Held at DTC
14,759,562,689
(GTCH)
Naked Short Interest
GTCH
- Short Volume Report (REGSHO)
All RegSho Dated reported by: FINRA
Historical Short Volume Data for GTCH
Date Close High Low Volume Short Volume % of Vol Shorted
Apr 26 NA NA NA 17,000,483 10,800,000 63.53
Apr 25 NA NA NA 87,774,781 87,024,500 99.15
Apr 24 NA NA NA 4,053,801 4,053,800 100.00
Apr 23 NA NA NA 21,903,152 20,103,150 91.78
Apr 22 NA NA NA 5,433,199 3,309,999 60.92
https://www.otcshortreport.com/company/GTCH
How many more shares does this guy have, to dump?
Porch: That is what I believe. Until the IGOR Note whipsaw is over, there will prolly never be a really big advance in PPS. At least at the current depressed price range, monthly dilution doesn’t lead to a death spiral in PPS. We’re already at rock bottom for most retail traders, who often aren’t allowed to place orders that start with 4 zeroes.
OB, sometimes I hate being educated! Thanks a lot! That is a bit of wall street math worth understanding though.
By the way, a subject both of us have discussed is the need for concern for being obsolete. That concern is all about timing - wait too long and somebody builds a better mousetrap. That perspective is also worthy of understanding... Even with cutting-edge technology, GTCH has to find someway to get it in the production stream quickly in order to maximize it potential for generating revenue.
The fear of them not doing so is real and the noose is tightening each day. It looks like there may be too much $$ to invest upfront to reconfigure the manufacturing process to produce GTCH 3-D chips without the assurance of a timely production line and that there will be an adequate market of sales/ROI/profit from their technology.
Must be why they decided to hold off on the reverse split then, JMO.
Bucks: I think the IGOR Note holder periodically takes down conversion shares at a rate just enough to keep him under 5% of O/S (today 5% of O/S is about 750,000,000 shares). He has to dump each such batch of shares, or the majority of them, before he can drawn down the next batch--so as not to offend the 5% ownership cap limit in the IGOR Note (plus he doesn't want to file with the SEC, which you must do once you own 5%). When O/S is climbing quickly, that means retail buyers, or MMs, are buying up IGOR's newly-issued "conversion" shares; when O/S isn't climbing, it means that IGOR hasn't yet been successful in off-loading enough of his most recent, past share draw down. He's got to sell a lot before he can draw down more. That's my read, anyhow.
BTW: as the O/S count grows, so does the number of shares that constitute the 5% cap. So, when the O/S was 5,000,000,000 (not that long ago!), the 5% cap limited the IGOR Note holder to a draw down of just under 250,000,000 shares--which he had to dump before drawing more. With O/S today at around 15,000,000,00, the 5% ownership cap is raised to 750,000,000 shares. So, IGOR can take down and dump more. Really, the only way to thwart the IGOR Note holder is for retail investors, and MMs, to stop buying his dumped shares. But that won't happen. That's why I, for one, would love to see GTCH get some cash and payoff the balance of the IGOR Note. That would end dilution on the spot. There would still be shorting--and, no doubt, naked shorting as well (as you and some others have identified)--but the effects of those things wouldn't be made easier and magnified by periodic, gigantic dilution.
Yeah, thought you might once I had a chance to reread my response. Sort of put my foot in my mouth on that one. Probably should have known better than to get into a discussion on WS math.
It all boils down to an accurate accounting of the 'potential' number of shares that are actually issued having the "potential" of being issued in respect to what they can issue (A/S). The point being, when you discussed the ability of the toxic note holder's ability to dump "new shares", I reflected on what the O/S currently stands at AND that no increase in the O/S is being reported - for some time now.
I remain confused as I suspect it is intended by management. They really do not want their retail share holders to know how bad their accounting practices affects the pps NOW and into the future if the sale actually occurs.
Definitely hit the nail on head !
Bucks: Strongly disagree with you. When GTCH borrows money evidenced by a promissory note that gives the note holder the future option of converting some or all of the debt into shares, the shares are not issued and/or outstanding, nor are they considered outstanding. If they were this would be a share purchase, not a conversion option. The note holder has the right to insist on payment of the debt or, at his option, to exercise a conversion right contained in the note. If the "strike" price of the shares upon conversion varies by the average price of shares over, say the past 10 days before exercise, how would a company know how many shares to issue two years earlier when the money was lent and the promissory note signed?
Now, for accounting purposes, shares the COULD POSSIBLY BE issued in the future under existing convertible notes or stock warrants are added to a mathematical calculation called "fully diluted" shares. Thus, if a company has issued 2,000,000 shares and there exists a theoretical potential (because of a future exercise of existing, contractuau conversion rights or stock warrants) of up to another 3,000,000 shares being issued, a company reports 2,000,000 shares issued and outstanding but 5,000,000 fully-diluted" shares. This is to alert shareholders about what could THEORETICALLY be the amount of shares issued if holders of conversion right actually exercised fully all their options to convert debt (or warrants). Thus, earnings per share are often expressed both as earning against issued/outstanding shares and also as against "fully-diluted" shares. Let's the public know what is and what could be. But this is just a disclosure device.Those extra 3,000,000 shares are definitely not issued or outstanding, nor are they tradeable. Not until the conversion right is actually priced and exercised.
A company will also "reserve" on its books those extra 3,000,000 shares among its treasury shares. It won't issue those extra 3,000,00 shares to others because they have to be available in case the convertible note holder decides to exercise his option to convert debt to equity. But merely reserving treasury shares on your book against the future possibility of a conversion right exercise does not make those shares issued, outstanding or traceable. They are simply treasury shares held in abeyance against a future possibility.
No disagreement there!
So here's the deal... The OTC players are a club of old SEC/ EXECUTIVES that know the game inside and out. When a person/company creates/ builds/ invents something of value it's either promoted or killed by these turd ticklers. The toxic lenders are on the team. It's up to retail... Be it few whales or retail fomo'ers to run a ticker up. MM's will win and play hide and seek other wise. Its just a f'ing game that requires good intuition or timing to win. I believe the tech here has value but it's in jeopardy of being outdated very soon. I ain't going anywhere and am cool with flopping but welcome a big $$$ payday!
GLTA
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As of December 29, 2021 • 7:31 AM ET
As of December 29, 2021 • 7:31 AM ET
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