GBT Technologies Inc (GTCH)

[bucks2pennies]

Where is the pudding GTCH?

[bucks2pennies]

GTCH is in a cycle of 'catch 22'....having their WORD doubted because they have no history of performance (contract implementation) and they can't get performance data if what they have out there isn't performing (no actual sales to generate performance data).

[marylandstockguy]

And of course in the cybersecurity arena as well. GBT just posted on Facebook an hour ago saying "Cybersecurity is more important than ever, and GBT Technologies Inc. is leading the charge with innovative solutions! Their cutting-edge cybersecurity technology ensures your data stays safe from threats. With GBT, you can trust that your information is protected, allowing you to focus on what matters most. Visit Our Website Today."

So they're trying - but is anybody listening? Time will tell.

[bucks2pennies]

GTCH must have been really hurting for cash at the time they agreed to this. Managements head was somewhere the sun doesn't shine to have done this (knowingly).

[OnceBurned]

Porch: You still must be learning about toxic debt. Unlike normal convertible notes and warrants, where share conversions are fixed and limited, in toxic debt the shares are variable and increase dramatically as the stock's price goes down. The IGOR Note, if I recall, was amended to give the holder the right to convert debt at 85% (or 80%) of the average stock price for the past 20 days. Let's just assume that the conversion price today is 0.0001 (actually it is probably lower, because the stock is bouncing below 0.0001 a lot). At a $6,000,000 note balance due, assuming a conversion price of $0.0001/sh, this means the holder can convert to 6,000,000/0.0001 shares or 60,000,000,000 shares (that's 60 Billion shares). Sixty billion shares is 400% of the current balance of unissued shares of the company. And remember, the IGOR Note is earning interest, since GTCH isn't paying it down. I forgot the rate, but for example, 8% annual interest on a $6M debt is $480,000.

Surprised that the IGOR Note holder has a virtual infinite amount of shares left to draw down? The company's market capitalization--total value of all issued shares-- fluctuates between $800,000 to $1,600,000. The IGOR Notes balance due is $6,000,000 + accrued interest that can convert to shares at less than par. Think about that.

The only limit on the IGOR Note is the cap on ownership of 5% of the company's issued shares. But as the issued shares increase quickly (by conversion and dumping), so do the number of shares the IGOR Note holder is able to draw down by conversion of debt without breaching the 5% cap (assuming he dumps his shares regularly).

How safe is it for naked shorters to borrow 100,000,000 shares at $0.0001 hoping to cover quickly at a lesser price? Pretty damn safe if you know the IGOR Note holder just drew down 300,000,000 shares at a sub-0.0001 conversion price and wants to dump those shares immediately.

GTCH has to find some cash, probably from a sale of a patent, to payoff the hyper-toxic IGOR Note. It is that simple.

[bucks2pennies]

If you haven't noticed, AI and its impact on American Industry as well as its human worker bee is rushing to the forefront of Media. Time could be no more perfect than to announce a buyout of GTCH tech to push this leading media edge. We all sense the potential for AI to change American life in such a dramatic way over the next decade. GTCH will definitely have a role to play in its dynamics - AND if SHs can believe its hype, GTCH will stand on that cutting edge.

In my mind's eye, MAY seems to be the month for the curtain to rise reveal what GTCH has kept secret up until NOW!

[bucks2pennies]

GTCH SHs have to understand that the competition out there is VERY competitive in the chip industry but also in the AI assist in the medical field. Today, Samsung purchased Sonio for a mere $92 million in the AI assist in the medical arena. While Sonio is very focused on one element, still the price seemed cheap.

On the other hand, it was GOOD to see Samsung is diversifying into the medical field as well as chip manufacturing in its conglomerate of holdings covering so many other fields as well. This new development, seems to me, still holds GTCH as a viable purchase as well due to its AI, chip and now, medical applications.

[marylandstockguy]

Haha what a shocker right? I thought all these plays were diamonds in the rough? Ugggh…as you say welcome to the Wild West

[Manspider]

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!

[Porch Honkey]

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

[bucks2pennies]

Still retail buyers out there.

[Porch Honkey]

How many more shares does the toxic note holder have left to dump, does anyone know?

[canthelpit]

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

[marylandstockguy]

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.

[bucks2pennies]

Years. A LONG history of R/Ss to get where they are now.

[bucks2pennies]

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.

[keepemcloser]

B2p how long has GBT been pursuing these patents/project please.

[marylandstockguy]

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.

[bucks2pennies]

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

[bucks2pennies]

Yes, POA for my sister in same situation. MUCH more interaction with patients/clients makes their stays much more 'user friendly' and health beneficial.

[marylandstockguy]

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.

[bucks2pennies]

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.

[marylandstockguy]

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

[marylandstockguy]

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.

[mwab52]

Good morning (GTCH-Land & Team)....🤑😎......Go (GTCH & Team)

[Manspider]

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”

[Porch Honkey]

I think a real good military contract would get the ball rolling, JMO.

[canthelpit]

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................

[Manspider]

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

[bucks2pennies]

The support of AVAI is support for GTCH ... its AI value supports its use of AI in the manufacturing of chips.

[Porch Honkey]

Well, we all know they partnered up with Bannix last month, so what's the deal with that now?

[Porch Honkey]

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.

[Porch Honkey]

Thanks, we really appreciate the scoop on this.

[OnceBurned]

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.

[Porch Honkey]

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.

[MrMyers]

I'd really enjoy taking out the ~$6MM note if I could. I know we ALL would!

[MrMyers]

Well ... No trades under $.0001 day. However, the trade volume was minimal. GTCH has posted ~ every other week on Linkedin. What does this communicate?

[Manspider]

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..

[Porch Honkey]

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.

[marylandstockguy]

Hopefully the Avant AI/GBT Tokenize Corp deal gets consummated and it helps us here. Avant continues to trade heavily today.

[Porch Honkey]

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.

[Porch Honkey]

Well, as much as I hate to agree with you, I think your right.

[boomer0921]

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.

[Porch Honkey]

Does that have anything to do with us, asking for a friend.

[Porch Honkey]

Over three hundred and thirty-eight million shares that someone is dumping on the ask, who wants them lol.

[Boca Jom]

$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

[Porch Honkey]

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

[Porch Honkey]

(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

[Porch Honkey]

How many more shares does this guy have, to dump?

[OnceBurned]

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.